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IMF Staff Country Reports

by John Dodsworth G. Russell Kincaid

A report from the International Monetary Fund.

IMF Staff Country Reports

by J. H. Green S. Medina Cas J. P. Walsh W. Mitchell H. Hatanpacae

A report from the International Monetary Fund.

IMF Staff Country Reports

by Helene Poirson Varapat Chensavasdijai Masahiro Nozaki

A report from the International Monetary Fund.

IMF Staff Country Reports

by International Monetary Fund Teresa Ter-Minassian

As required under Article IV of its Articles of Agreement, the International Monetary Fund (IMF) conducts periodic consultations with its member countries. This IMF Staff Report for the 2000 Article IV consultation with Germany concludes that the near-term outlook for the German economy is more favourable that it has been for many years, reflecting a markedly improved external environment, supportive monetary conditions, moderate wage settlements and a clearer direction in domestic policies. The risks to the near-term outlook - persistently high oil prices and a possible sharp appreciation to the Euro - are unlikely to derail the expansion.

IMF Staff Country Reports

by International Monetary Fund

A report from the International Monetary Fund.

IMF Staff Country Reports

by International Monetary Fund

A report from the International Monetary Fund.

IMF Staff Country Reports

by Scott Brown International Monetary Fund J. A. P. Clément

As required under Article IV of its Articles of Agreement, the International Monetary Fund (IMF) conducts periodic consultations with its member countries. This IMF Staff Report for the 2000 Article IV consultation with Germany concludes that the near-term outlook for the German economy is more favourable that it has been for many years, reflecting a markedly improved external environment, supportive monetary conditions, moderate wage settlements and a clearer direction in domestic policies. The risks to the near-term outlook - persistently high oil prices and a possible sharp appreciation to the Euro - are unlikely to derail the expansion.

IMF Staff Country Reports

by Jacques R. Artus Leslie Lipschitz

Dated November 1999.

IMF Staff Country Reports

by Scott Brown Jeremy Carter

A report from the International Monetary Fund.

IMF Staff Country Reports

by Martin J. Fetherston

Albania

IMF Staff Country Reports

by Michael T. Hadjimichael P. Chabrier

A report from the International Monetary Fund.

IMF Staff Country Reports

by Policy Development Review Departments

A report from the International Monetary Fund.

IMF Staff Country Reports

by Taline Koranchelian Reza Vaez-Zadeh

A report from the International Monetary Fund.

IMF Staff Country Reports

by Sean Nolan

Dated May1999.

IMF Staff Country Reports

by Western Hemisphere

A report from the International Monetary Fund.

IMF Staff Discussion Note

by Kalpana Kochhar Evridiki Tsounta Luis Cubeddu Roberto Perrelli Yuan Gao Annette Kyobe Alex Culiuc Ghada Fayad Ceyda Oner Sarah Sanya Zhongxia Zhang

A report from the International Monetary Fund.

IMF Staff Discussion Note

by Ananthakrishnan Prasad Zsofia Arvai Kentaro Katayama

A report from the International Monetary Fund.

IMF Staff Discussion Note

by International Monetary Fund

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund's mandate is providing advice that will enable members' economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called "leaky bucket" hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore-as Okun and others have-that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

IMF Staff Discussion Note

by International Monetary Fund

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund's mandate is providing advice that will enable members' economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called "leaky bucket" hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore-as Okun and others have-that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

IMF Staff Discussion Note

by International Monetary Fund

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund's mandate is providing advice that will enable members' economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called "leaky bucket" hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore-as Okun and others have-that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

IMF Staff Discussion Note

by International Monetary Fund

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund's mandate is providing advice that will enable members' economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called "leaky bucket" hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore-as Okun and others have-that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

IMF Staff Discussion Note (Imf Staff Discussion Notes Ser. #Staff Discussion Notes No. 14/02)

by International Monetary Fund

A report from the International Monetary Fund.

IMF Staff Discussion Note (Imf Staff Discussion Notes Ser. #Staff Discussion Notes No. 14/02)

by International Monetary Fund

A report from the International Monetary Fund.

IMF Staff Discussion Note (Imf Staff Discussion Notes Ser. #Staff Discussion Notes No. 14/02)

by International Monetary Fund

A report from the International Monetary Fund.

IMF Staff Discussion Note (Imf Staff Discussion Notes Ser. #Staff Discussion Notes No. 14/02)

by International Monetary Fund

A report from the International Monetary Fund.

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