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Cote d'Ivoire
This Technical Assistance Report discusses the findings and recommendations made by the IMF mission about modernizing the analysis, monitoring and disclosure of fiscal risks in Côte d’Ivoire. It was found that existing practices for identifying, monitoring and disclosing fiscal risks are still limited and fall below emerging country standards. There is no centralized process, at the level of the economic and financial ministries, no comprehensive identification, quantification and, even less so, monitoring of fiscal risks. Efforts should continue in the direction of proactive management of fiscal risks. Such management would be a determining factor in maintaining the strong economic dynamic of the Ivoirian economy.
Proposed Strategy for a Regional Exchange Rate Arrangement in Post-crisis East Asia
A coordinated action by East Asian countries to stabilize their currencies against a common basket of major currencies (broadly representative of their average structure of trade and foreign direct investment) would help stabilize both intraregional exchange rates and effective exchange rates, in a way consistent with the medium-term objective of promoting trade investment and growth in the region.
The Lucky Few Amidst Economic Decline
Panel data sets show that a lucky few bucked the general trend of economic decline in Côte d'Ivoire -- that among the poorest of the poor, some actually improved their standard of living, despite a great increase in the incidence of poverty.
Regulation and Deregulation in Industrial Countries
How regulatory misdirection often derailed efforts to offset market failure in the United States, and the implications for policy in developing countries.
