IMF Policy Discussion Papers

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1995/010: Discrepancies in Bilateral Trade Statistics: The Case of China

Vivek Arora and Kalpana Kochhar

1995/009: Three Propositions on African Economic Growth

Pierre Dhonte

1995/008: A U.S. Value-Added Tax: A Review of the Issues

Christopher Towe and Saurin Shah

1995/007: Agricultural Growth in Sub-Saharan African Countries and China

Mahmood Khan and Mohsin Khan

1995/006: Commercial Bank Debt Restructuring: The Experience of Bulgaria

Aerdt Houben

1995/005: Non-G-10 Countries and the Basle Capital Rules: How Tough a Challenge is it to Join the Basle Club?

Claudia Dziobek, María Nieto and Olivier Frecaut

1995/004: An Inflation Targeting Framework for Italy

Mark Griffiths, Timothy Lane and Alessandro Prati

1995/003: Social Safety Nets for Economic Transition - Options and Recent Experiences

International Monetary Fund

1995/002: When is a Fiscal Surplus Appropriate?

Richard Hemming and James Daniel

1995/001: The New Monetary Policy Framework of the United Kingdom

Ulrich Stiehler

1994/027: Unemployment in Ireland: A Survey of Features and Causes

Julio Santaella

1994/026: The Speed of Financial Sector Reform: Risks and Strategies

R. Johnston

1994/025: Monitoring Financial Stabilization in Moldova: The Role of Monetary Policy, Institutional Factors and Statistical Anomalies

Ghiath Shabsigh and James Haley

1994/024: Fiscal Regimes for Natural Resource Producing Developing Countries

David Nellor and Emil Sunley

1994/023: The IMF and the Latin American Debt Crisis: Seven Common Criticisms

James Boughton

1994/022: Social Protection, Labor Market Rigidity, and Enterprise Restructuring in China

Zuliu Hu

1994/021: Fiscal Adjustment in an Oil-Exporting Country: The Case of Indonesia

Lazaros Molho

1994/020: Russia and the IMF: The Political Economy of Macro-Stabilization

Ernesto Hernández-Catá

1994/019: Structural Policies in Developing Countries

Eduardo Borensztein

1994/018: Currency Boards: Issues and Experiences

Adam Bennett

1994/017: Monetary Transmission and Financial Indexation: Evidence from the Chilean Economy

International Monetary Fund

1994/016: Measuring the Progress of Economic Reform in the Countries of the former Soviet Union

Alexander Sundakov

1994/015: Currency Arrangements in Countries of the Former Ruble Area and Conditions for Sound Monetary Policy

Thomas Wolf

1994/014: Financial Liberalization in Israel

Eric Clifton

1994/013: Recent Fiscal Developments in the European Countries of the G-7

M. O'Callaghan, Karl Habermeier, Roberto Violi, S. Henry and J. Green

1994/012: Macroeconomic Management with Informal Financial Markets

International Monetary Fund

1994/011: Use of Central Bank Credit Auctions in Economies in Transition

Lorena Zamalloa and Matthew Saal

1994/010: Establishing Monetary Control in Financial Systems With Insolvent Institutions

Richard Haas and Donald Mathieson

1994/009: Energy Taxes and Macroeconomic Policy Objectives

David Nellor

1994/008: The United States: Japan Current Account Imbalance: A Review

Stephen Golub

1994/007: Emerging Equity Markets: Growth, Benefits, and Policy Concerns

Manmohan Kumar and Robert Feldman

1994/006: Asset Prices, Monetary Policy, and the Business Cycle

Garry Schinasi

1994/005: The New Protectionism in Industrial Countries: Beyond the Uruguay Round

Douglas Irwin

1994/004: An Incomes Policy for Russia?

Michael Marrese

1994/003: On the Political Sustainability of Economic Reform

Carlos Asilis and Gian Maria Milesi-Ferretti

1994/002: Budget Deficits and the Public Debt in Sweden - The Case for Fiscal Consolidation

Desmond Lachman

1994/001: China's Foreign Currency Swap Market

Hoe Ee Khor

1993/020: International Capital Transactions: Should They Be Restricted?

Norman Fieleke

1993/019: The Taxation of High Income Earners

Parthasarathi Shome

1993/018: The Structural Crisis in the Swedish Economy: Role of Labor Markets

Ramana Ramaswamy

1993/017: Selective Government Interventions and Economic Growth: A Survey of the Asian Experience and its Applicability to New Zealand

Jonathan Ostry

1993/016: Aspects of the Design of Financial Programs with the Adoption of Indirect Monetary Controls

R. Johnston

1993/015: The World Market for Natural Gas - Macroeconomic and Financial Implications

Thomas Enger

1993/014: Institutional and Operational Aspects of Central Bank Losses

Alfredo Leone

1993/012: Options for Monetary and Exchange Arrangements in Transition Economies

Delano Villanueva

1993/011: Real Wage Adjustment in the Former Soviet Union

Louis Dicks-Mireaux

1993/010: The Capital Inflows Problem: Concepts and Issues

Carmen Reinhart, Leonardo Leiderman and Guillermo Calvo

1993/009: Credible Disinflation Programs

Pierre-Richard Agénor

1993/008: The State of Tax Policy in the Central Asian and Transcaucasian Newly Independent States (NIS)

Julio Escolano and Parthasarathi Shome

1993/007: Restructuring of Commercial Bank Debt by Developing Countries: Lessons from Recent Experience

Mohamed El-Erian and Charles Collyns

1993/006: The Strategy of Reform in the Previously Centrally-Planned Economies of Eastern Europe: Lessons and Challenges

Eduardo Borensztein

1993/005: A Cautionary Note on the Use of Exchange Rate Indicators

Peter Wickham

1993/004: Adjusting to Development: The IMF and the Poor

Boris Bernstein and James Boughton

1993/003: Armenia - Reform and Growth in Agriculture

Amer Bisat and Gonzalo Pastor Campos

1993/002: Real Exchange Rate Targeting in Developing Countries

Jonathan Ostry and Peter Montiel

1993/001: Foreign Exchange Markets in Russia - Understanding the Reforms

Linda Goldberg

1992/004: Inflation Stabilization and Nominal Anchors

Guillermo Calvo and Carlos Végh Gramont

1992/003: The Operation of the Estonian Currency Board

Adam Bennett

1992/002: Japanese Corporate Groups and Imports

Daniel Citrin

1992/001: Inter-Enterprise Arrears in Transforming Economies: The Case of Romania

Mohsin Khan and Eric Clifton