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This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.
From one of India's senior Civil Servants, a brilliant analysis of the critical moments in India's economic history and the future of multilateralism in the International Monetary Fund that could decide the future of global crisis resolution. V. Srinivas – distinguished Additional Secretary to Government of India, former Advisor to the Executive Director International Monetary Fund and Private Secretary to Finance Minister of India, a widely acclaimed administrator and academician – provides a comprehensive analysis of several big events that stand out in India's relations with the International Monetary Fund based on 17 months of research and interviews. India's Relations with the International Monetary Fund 1991-2016 provides insights into India's role as a Founding Member of the IMF, India's IMF programs of 1966, 1981 and 1991, India's gold purchases from the IMF in 2010, the rise of G20 and India's emergence as the fastest growing major economy in the world. V. Srinivas highlights the role of the IMF as the lender of last resort, the IMF as an institution of asymmetric power in dealing with member countries, the enhanced role of the IMF post-2008 Global Financial Crisis and the Rise of China in the International Monetary System. “India's relations with International Monetary Fund 1991-2016: 25 years in perspective” is the first comprehensive study on the subject that offers deep insights into an Institution that has influenced the global economy in a significant way.
Spring 2017 IMF Publications Catalog highlights all new and forthcoming publications from the IMF, in addition to key titles in the IMF collection.
This paper provides policymakers, academics, and the public with valuable information about policies and institutions in China today, the road ahead, and key principles that can help in navigating it. The paper focuses on crucial issues in the country’s transformation, such as tax policy and administration, social security, state-owned enterprise reform, medium-term expenditure frameworks, the role of local government finances, Renminbi internationalization, and macroeconomic statistics. Women make up a little over half of the world’s population, but their contribution to measured economic activity and growth is far below its potential. Despite significant progress in recent decades, labor markets across the world remain divided along gender lines, and progress toward gender equality seems to have stalled. Women’s economic empowerment is critical for the overall economy. As research conducted both inside and outside the IMF shows, empowering women can boost economic growth, reduce income inequality, support export diversification, and strengthen corporate performance.
The Thirty-Sixth Issue of Selected Decisions and Selected Documents of the International Monetary Fund includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF, as well as selected documents relevant to the current activities of the Fund.
The Thirty-Seventh Issue of Selected Decisions and Selected Documents of the International Monetary Fund includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents to which frequent reference is made in the current activities of the Fund. In addition, it includes documents relating to the IMF, the United Nations, and other international organizations.
This volume documents decisions, interpretations, and resolutions of the Executive Board and Board of Governors of the International Monetary Fund, as well as documents relating to the United Nations and other international organizations.
This book examines the processes, evolution and consequences of China’s rapid integration into the global economy. Through analyses of Beijing’s international economic engagement in areas such as trade, investment, finance, sustainable development and global economic governance, it highlights the forces shaping China’s increasingly prominent role in the global economic arena. Chapters explore China’s behavior in global economic governance, the interests and motivations underlying China’s international economic initiatives and the influence of politics, including both domestic politics and foreign relations, on the country’s global economic footprint.
International Arbitration in the United States is a comprehensive analysis of international arbitration law and practice in the United States (U.S.). Choosing an arbitration seat in the U.S. is a common choice among parties to international commercial agreements or treaties. However, the complexities of arbitrating in a federal system, and the continuing development of U.S. arbitration law and practice, can be daunting to even experienced arbitrators. This book, the first of its kind, provides parties opting for “private justice” with vital judicial reassurance on U.S. courts’ highly supportive posture in enforcing awards and its pronounced reluctance to intervene in the arbitral process. With a nationwide treatment describing both the default forum under federal arbitration law and the array of options to which parties may agree in state courts under state international arbitration statutes, this book covers aspects of U.S. arbitration law and practice as the following: .institutions and institutional rules that practitioners typically use; .ethical considerations; .costs and fees; .provisional measures; and .confidentiality. There are also chapters on arbitration in specialized areas such as class actions, securities, construction, insurance, and intellectual property.

Morocco

International Monetary Fund. Middle East and Central Asia Dept.

Published: 2017-09-11

Total Pages: 33


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This paper discusses Morocco’s Ex Post Evaluation of Exceptional Access Under the 2014 Precautionary and Liquidity Line (PLL) Arrangement. The case of Morocco demonstrated that with strong ownership, parsimonious conditionality can be effective in delivering on program commitments. The PLL arrangement with Morocco was successful in helping to reduce vulnerabilities. Fiscal balances improved, and the fiscal objective—a gradual reduction of the budget deficit to 3 percent of GDP by 2017—appropriately balanced the need to bring the debt-to-GDP ratio down closer to 60 percent in the medium term, while allowing for necessary investment and social spending. Going forward, to achieve higher and more inclusive growth, Morocco will require continued strong policies and accelerated fiscal and structural reforms.