• Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? (repec.org)
  • These policies included the privatization of state enterprises, the deregulation of labor and financial markets, and the removal of trade barriers. (cepr.net)
  • The program was subsequently modified and strengthened, with substantial expansion of its structural elements including with respect to the social safety net, banking system and corporate restructuring, bankruptcy reform, trade deregulation, and privatization of state enterprises. (imf.org)
  • Ukraine had made progress in key areas, taking steps to cut its budget deficit to 1.0 percent of GDP, to adopt new policies on privatization, deregulation and demonopolization, adjust prices for communal services, and strengthen reforms in the farm and energy sectors, the statement went on. (brama.com)
  • Significant reforms have also been implemented in the areas of restructuring of government, privatization, deregulation, demonopolization, and improving cost recovery through adjusting the prices of communal services. (brama.com)
  • The Czech Republic's economic transformation which began in the early 1990s was based upon 5 basic elements: (1) trade liberalization, (2) convertibility of the currency, (3) austerity in fiscal and monetary policies, (4) privatization of industry, and (5) tax reform. (sonic.net)
  • Its bailout recipes - privatization, trade liberalization and other austerity reforms - amount to seizing the target countries' natural and other resources, and turning them over to the NWO elites - just as surely as the British Empire did by using cruder methods. (truthinmedia.org)
  • The policies are liberalization, privatization, and "stabilization" (use of monetary policy only against inflation and fiscal policy aimed at a balanced budget). (urpe.org)
  • The long reform has followed the pattern of all restructuring plans prescribed by organizations such as the International Monetary Fund and World Bank, including privatization of state-owned companies, financial liberalization, trade liberalization, and public spending cuts. (warscapes.com)
  • We have established monetary, fiscal, and external performance criteria for end-September 1998 and indicative monetary, fiscal, and external targets for end-July, end-August, and end-December 1998 and end-March 1999, which are contained in Annexes A-D. Structural performance criteria and benchmarks are contained in Annex E. (imf.org)
  • On September 4, 1998, the International Monetary Fund (IMF) approved a three-year extended arrangement for Ukraine, equivalent to US$2.25 billion, to support the government's 1998-2001 economic program. (brama.com)
  • The Political Economy of Reforms in Egypt: Issues and Policymaking since 1952 lays out the enduring features of the Egyptian economy and its performance since 1952 before presenting an account of policy-making, growth and structural change under the country's successive presidents to the present day. (aucpress.com)
  • We discuss the possibility that, by pressuring countries into policy reform, cross-national coercion and emulation may not produce ideal outcomes. (repec.org)
  • We focus on a different way through which expectations are formed about the macroeconomic fundamentals independently of the behaviour of the monetary policy. (repec.org)
  • Kenneth Rogoff, Professor of Economics and Public Policy at Harvard University and recipient of the 2011 Deutsche Bank Prize in Financial Economics, was the chief economist of the International Monetary Fund from 2001 to 2003. (project-syndicate.org)
  • The recent stability the Czech crown reflects the central bank's restrictive monetary policy and high interest rates to curtail inflation. (sonic.net)
  • Gaidar Institute is a reputable consultant in the sphere of public and corporate finance, monetary and exchange policy, privatization, institutional reforms and issues of economic growth. (iet.ru)
  • Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the authors) and the date of issuance. (imf.org)
  • This book is the very core of the Hayekian approach to monetary policy, and the book that drew the world's attention to this radical thinker following his Nobel Prize in economics. (goldmoney.com)
  • Fashioning a one-size-fits-all monetary policy for 12 countries was never going to be easy. (institutionalinvestor.com)
  • Domestic demand continues to be supported by monetary policy measures. (europa.eu)
  • Moreover, the accommodative monetary policy stance, continued employment gains resulting from past structural reforms and the still relatively low price of oil should provide ongoing support for households' real disposable income and private consumption. (europa.eu)
  • Thereafter, inflation rates are expected to recover further in 2017 and 2018, supported by the ECB's monetary policy measures and the economic recovery. (europa.eu)
  • Following the comprehensive package of monetary policy measures adopted in early March, broad financing conditions in the euro area have improved. (europa.eu)
  • The pass-through of the monetary policy stimulus to firms and households, notably through the banking system, is strengthening. (europa.eu)
  • Overall, the monetary policy measures in place since June 2014 have clearly improved borrowing conditions for firms and households, as well as credit flows across the euro area. (europa.eu)
  • The monetary policy measures adopted in March 2016 underpin the ongoing upturn in loan growth, thereby supporting the recovery of the real economy. (europa.eu)
  • Regarding non-standard monetary policy measures, as decided on 10 March 2016, the ECB has started to expand the monthly purchases under the asset purchase programme to €80 billion, from the previous amount of €60 billion. (europa.eu)
  • The government will consult periodically with the Fund, in accordance with the Fund's policies on such consultations, about the progress made on the implementation of the strengthened reform program described in the MEFP and any other policy adaptations needed for achieving its objectives. (imf.org)
  • Germany must consent to either a) the issuance of joint and severally liable Eurobonds, or b) a policy of monetary easing by the ECB. (foreignpolicy.com)
  • More completely, the reforms that took place actually grew from the consequences wrought on Third World nations by the interventionist policy that left developing countries with staggering inefficiencies, and growth rates that did not mirror their economic potential. (dissidentvoice.org)
  • Political developments added to market concern, and discussions focused on the appropriate monetary policy response. (imf.org)
  • Major reform-oriented policy changes are unlikely to be pushed through in the run-up to the election, particularly given the rift between the UPA and its leftist political allies. (ciaonet.org)
  • This paper uses opinion surveys to document discontent with the pro-market reforms implemented by most Latin American countries during the 1990s. (repec.org)
  • Chatham House experts analyse the work of the IMF, covering topics such as exchange rate reforms, monetarist approaches, free market reforms, interventionism, and privatisation. (chathamhouse.org)
  • however, no one can deny that "developing countries" had to pay much closer attention to certain things like poverty in the 1990s, which 1980s market reforms caused to spike so precipitously. (dissidentvoice.org)
  • At the same time, the economic recovery in the euro area is still dampened by the ongoing balance sheet adjustments in a number of sectors, the insufficient pace of implementation of structural reforms in some countries and subdued growth prospects in emerging markets. (europa.eu)
  • 1. In support of the Government of Indonesia's adjustment and structural reform program set out in the Memorandum of Economic and Financial Policies (MEFP) of October 31, 1997, the Executive Board approved a three-year stand-by arrangement on November 5, 1997. (imf.org)
  • Yet, the widening current account deficit, some delays in implementing structural reforms and political developments, both in Turkey and abroad, explain why the economy has been hit harder than the economies of other emerging market countries during the recent episode of tightening global liquidity conditions. (imf.org)
  • To bolster this confidence, restore strong economic performance and return to the path of disinflation, monetary and fiscal policies have been tightened and structural reforms reinvigorated. (imf.org)
  • The International Monetary Fund management expressed satisfaction at Ukraine's progress on fiscal and structural reforms in its statement issued on March 16, 1999, and said it was ready to recommend resuming an EFF lending program with Ukraine. (brama.com)
  • Further disbursements were postponed because cash revenues fell short of expectations, fiscal prospects for 1999 remained unclear, and some structural reforms were behind schedule. (brama.com)
  • The structural adjustment facility agreements signed between the International Monetary Fund (IMF)/World Bank and Mali since 1992 support foreign investment. (state.gov)
  • Through the 1990s the term 'globalisation' took over from 'privatisation' as the label for market-oriented reforms. (johnkay.com)
  • What this means is, yes we will privatise, but we will find the most favourable form of privatisation. (socialist.net)
  • The paper's principal finding is that the macroeconomic situation plays an important role in explaining the dissatisfaction with the reform process. (repec.org)
  • To this aim, we will speed up the realization of the macroeconomic reforms . (montenet.org)
  • Building on neo-institutional theory in sociology, we argue that the domestic adoption of market-oriented reforms is strongly influenced by international pressures of coercion and emulation. (repec.org)
  • The investment climate benefits from the financial and economic reform processes that accompany this institutional lending. (state.gov)
  • The privatization challenge : a strategic, legal and institutional analysis of international experience / Pierre Guislain. (who.int)
  • The paper also discusses the implementation of mass privatization schemes, and the type and extent of government intervention in the restructuring process. (imf.org)
  • The root cause of the weakness of the social security system has now been addressed with the implementation of the recently enacted social security reform. (imf.org)
  • The Office of the Auditor-General of the Republic came into being as a result of the 1991 constitutional reforms, given the crisis previously suffered by the financial watchdog institutions. (who.int)
  • In the late 1980s, as the Cold War era of U.S.-backed military dictatorships came to an end, many of the region's traditional left parties were in disarray or had veered to the right, while conservative governments had increasingly adopted neoliberal economic "reforms" promoted and often imposed by the United States and the International Monetary Fund (IMF). (cepr.net)
  • These detrimental reforms from the 1980s occurred in part as a response to the idea that state intervention lead to market and economic inefficiencies, that it killed profitable opportunities, and that it cluttered industrial life. (dissidentvoice.org)
  • The reform tax, formally called the "Sustainable Solidarity Law," was a continuation of the economic reform Colombia has had over the last decade. (warscapes.com)
  • The ECB was upbraided by both the OECD and the International Monetary Fund for not communicating its policies effectively. (institutionalinvestor.com)
  • 4. The government believes that the policies and measures set forth in the attached memorandum are sufficient to attain the objectives of the reform program. (imf.org)
  • Right-wing governments, which ran the country until 2009, ushered in a series of privatizations and pro-business policies that led to attacks on unions and massive public sector layoffs. (labornotes.org)
  • IMF support would need to be offered on the condition that Venezuelan officials develop a new economic programme for the country based on sustainable fiscal and monetary policies. (lacea.org)
  • Our results also suggest that the coercive effect of multilateral lending from the IMF, the World Bank or Regional Development Banks is increasing over time, a finding that is consistent with anecdotal evidence that multilateral organizations have broadened the scope of the "conditionality" terms specifying market-oriented reforms imposed on borrowing countries. (repec.org)
  • The International Monetary Fund (IMF) and World Bank, in particular, made assistance to member states conditional on a broad suite of reforms, often with far-reaching political and social consequences. (hnn.us)
  • However, much more significant assistance could come once Venezuela reaches agreement on a detailed medium-term economic plan with the International Monetary Fund and the World Bank, which would entail months of painful negotiations. (lacea.org)
  • Mali continues to depend upon multilateral financial institutions including the World Bank, International Monetary Fund, African Development Bank, and bilateral donors for funding various development projects, mainly in health, infrastructure, education, and agriculture. (state.gov)
  • Economic crises and pension reforms: The cases of Romania and Bulgaria. (uni-mannheim.de)
  • The present commitments of the Greek government would mean the continuation of the privatisation of the Port of Piraeus for instance. (socialist.net)
  • What if the government permitted entrepreneurs to innovate in the monetary sector, such as by creating digital currencies or minting commodity money? (goldmoney.com)
  • The argument is substantively similar to Mises's but rather than a gold standard, Hayek argues for completely abandoning government attempts to reform money. (goldmoney.com)
  • From Africa to Latin America to Asia, loans were tied to the balancing of government budgets, the privatization of state-owned industries, the removal of regulations, and the lowering of tariffs. (hnn.us)
  • LONDON After three weeks of urgent negotiations with the interim government of Ukraine and in an atmosphere of great power competition, the International Monetary Fund announced on Thursday an agreement to provide up to $18 billion in loans over two years to prevent the country s default. (democraticunderground.com)
  • She said the Greek government still needs to improve how it collects taxes, do a better job of clearing out unqualified civil servants and urgently revamp its privatization program. (cnn.com)
  • And an economic programme would likely entail other reforms, such as the privatization over time of companies that are not fundamental to the operations of the state, the settlement of disputes domestically and abroad, and a restoration of transparency in government operations - especially regarding PDVSA. (lacea.org)
  • The Government of Mali remains committed to reforming the economy, including improving public financial management practices, increasing tax revenues, and the ongoing privatization of several state-owned enterprises. (state.gov)
  • Despite recent reforms, the Government of Mali experienced considerable shortfalls in tax collection in 2018, mainly due to what several companies have identified as corruption, weak taxpayer compliance, and fraud. (state.gov)
  • The International Monetary Fund (IMF) and central banks have indicated their willingness to provide loans, and eurozone members have increased resources available to the European Financial Stability Facility (EFSF), but no one knows if this will be enough to avert a liquidity crisis. (foreignpolicy.com)
  • The Pension Reform as Evidence of the Possibilities and Limits of Patronage c. (diplomarbeiten24.de)
  • These delays are wide ranging, including on the landmark pension reform, tax reform, bank supervision, and state bank privatization. (imf.org)
  • We find robust support for these arguments with an event-history analysis of the determinants of reform in the telecommunications and electricity sectors of as many as 205 countries and territories between 1977 and 1999. (repec.org)
  • The International Monetary Fund (IMF) is an organization of 190 countries, with the stated aims of working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. (chathamhouse.org)
  • While decentralization is seen as a central part of these health reforms in different countries, complete decentralization of a health system is rare. (who.int)
  • i) support provided by countries, international agencies, institutions, non governmental organizations or foundations, to developing countries in the form of monetary grants, loans at low interest rates, in kind, or a combination of these. (who.int)
  • Now the text says that no completed processes of privatisation will be rolled back: "To attract investment in key sectors and utilize the state's assets efficiently, the Greek authorities will commit not to roll back privatizations that have been completed. (socialist.net)
  • In a review for the Foreign Affairs magazine (November / December 2018 issue) John Waterbury describes Khalid Ikram's The Political Economy of Reforms in Egypt: Issues and Policymaking since 1952 (AUC Press, 2018) as an "outstanding book. (aucpress.com)
  • He wrote this near the end of his career, after thinking through all the economic arguments for monetary reform and examining the political viability of various proposals. (goldmoney.com)
  • The forms of political contestation encompassed critiques of the regime's corruption and lack of accountability, trade union militancy, the ballot box, and mass mobilizations for democratic reforms. (anarkismo.net)
  • and the era of health on ethical theory or political "ideology", a sector reform and the resurgence of PHC set of principles that guides decisions. (who.int)
  • Carlos) Menem's globalization of the Argentine economy - read privatization and sale of former state-owned assets to foreign interests - has caused millions of Argentineans to become exiles in their own country. (truthinmedia.org)
  • About a year later, and almost two weeks prior to the tax reform protests, the Minister of Finance and Public Credit and author of the tax reform, Alberto Carrasquilla, followed in the Presidents footsteps: When asked on a broadcast interview how much a dozen eggs cost, he supposed about 1,800 pesos - nearly 1/3 of their current cost. (warscapes.com)
  • Monetary Fund and other international aid organizations. (who.int)
  • At its meeting on 21 April 2016, based on the regular economic and monetary analyses, the Governing Council decided to keep the key ECB interest rates unchanged. (europa.eu)
  • In recent years the airline has been a subject of failed privatisation measures. (wikipedia.org)
  • The success that industrialized economies enjoyed during the "golden age" of neoliberalism was the hubris behind such shock therapy economic and legal reform measures. (lu.se)
  • But when conditions were made more lenient, it was usually because the country in receipt of loans had already undertaken so many liberalizing reforms that it had few left to implement . (hnn.us)
  • As a result of the increasing administrative load on the centre, the authorities in Kurdistan region decided to implement decentralization reforms to develop administrative and decision making capacity at district level. (who.int)
  • The reforms failed to have the positive, "trickle-down" effects that policymakers promised and instead resulted in a dramatic decline in economic growth throughout the region and increased poverty and income inequality. (cepr.net)
  • Legitimate global governance would thus be a means to measure the extent to which governance institutions are responsive to the common good (or alternatively, the extent to which governance institutions need to be reformed). (lu.se)
  • By special arrangement with the Institute for Economic Affairs, the Mises Institute is pleased to offer a new printing of F.A. Hayek's most radical case for the complete privatization of money: The Denationalisation of Money. (goldmoney.com)
  • radical reduction of the "gray economy", the reform of fiscal system that includes the reduction of tax rates. (montenet.org)
  • and (3) assess the performance of the privatization program, particularly in the period from early 1996 when the program was more aggressively promoted. (imf.org)
  • Labour and social dimensions of privatization and restructuring : health care services / Gabriele Ullrich (ed. (who.int)
  • Las Reformas de la seguridad social en Iberoamérica / Academia Iberoaméricana de Derecho de Trabajo y de la Seguridad Social, Organización Iberoamericana de Seguridad Social. (who.int)
  • Once the Bourbon king Charles III gained the Spanish throne he set about to reform the administration of the Empire based upon practices developed in France. (sjsu.edu)
  • In comes the International Monetary Fund (IMF). (truthinmedia.org)
  • The bailouts from the International Monetary Fund, the European Central Bank and the European Commission came at a huge cost that will still be felt for years to come. (cnn.com)
  • The aim of these reforms was to address health care issues related to improving efficiency, effectiveness, and equity of health services. (who.int)
  • Finally, and more importantly, it leaves the door open for new privatisations when it says: "Review privatizations that have not yet been launched, with a view to improving the terms so as to maximize the state's long term benefits, generate revenues, enhance competition in the local economies, promote national economic recovery, and stimulate long term growth prospects. (socialist.net)
  • Although historians have explored some of the concerns with health and morality that encouraged reformers to support the construction of water systems, other reform ideas about water remain understudied. (historycooperative.org)
  • A country cannot pick and choose the parts it likes - the cash and the debt relief, but not the reform. (lacea.org)
  • This means that decentralization reforms in any country may have unique features and not fall clearly into any of the boxes proposed above (Mills et al 1990). (who.int)
  • Four main types of decentralization can be distinguished: deconcentration, devolution, delegation and privatization (Mills et al 1990). (who.int)
  • Results of search for 'su:{Privatization. (who.int)