Fiscal Implications of the Global Economic and Financial Crisis

International Monetary Fund

No 2009/013, IMF Staff Position Notes from International Monetary Fund

Abstract: This note reflects macroeconomic and fiscal forecasts presented with the April 2009 World Economic Outlook, as well as information on fiscal stimulus and financial and industrial sector support gathered through mid-May. It follows the request by G-20 leaders for the Fund to assess regularly the actions taken by countries to address the global crisis and accelerate the recovery.

Keywords: SPN; central bank; interest rate; output gap; financial support; net present value; government debt; GDP ratio; PPP GDP weight; stimulus package; PPP GDP-weighted averages; Fiscal stance; Pension spending; Financial sector; Pensions; Global; Africa (search for similar items in EconPapers)
Pages: 50
Date: 2009-06-09
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Citations: View citations in EconPapers (41)

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