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Kosovo
This report builds on two previous similar reports from 2001 and 2002-Kosovo: Macroeconomic Issues and Fiscal Sustainability (2001) and Kosovo: Institutions and Policies for Reconstruction and Growth (2002). It is based on work performed during four IMF staff visits spanning a 15-month period from January 2003 to March 2004. The analysis and recommendations of this book contribute to informing the debate about economic policies, in particular, and about the broader issues that will shape Kosovo’s future.
The Social Safety Net in Albania
This paper reviews the developments in the social safety net system of Albania since the beginning of its economic adjustment program in mid-1992 through the third quarter of 1995. It shows that the social safety net system was quickly reformed, and that this allowed Albanian authorities to support the most needy groups of the population with income transfers. Notwithstanding the low administrative costs, the social safety net system is not financially sustainable. Expenditures are not balanced with revenues, and the gap cannot be closed in the short-run. Poor targeting of the benefits and administrative loopholes spur expenditures. Revenue growth is hindered by low compliance with the social security contributions. The paper concludes with some suggestions for addressing this issues.
Ireland
This Selected Issues paper and Statistical Appendix on Ireland examines the productivity growth in Irish traded and nontraded goods, and provides some rough estimates of the sort of wage and inflation differentials that would be predicted by a Balassa–Samuelson framework under certain growth assumptions for the future. The paper provides a framework for judging what sort of wage growth and inflation could be sustained over the medium term without leading to a loss of competitiveness. The paper also examines traded and nontraded productivity in Ireland.
Norway: Recent Economic Developments
This paper examines the development of general government finances in Norway during 1988–96. The paper looks at general government revenue and expenditure in detail, examines the importance of revenue from the petroleum sector for general government finances, and reviews developments in the general government balance sheet. The paper also analyzes the conduct of fiscal policy over 1988–96, and compares the development of the authorities’ estimates of the state budget’s fiscal impulse with the development of the IMF staff’s estimates of changes in the non-petroleum, general government structural balance.
IMF Working Paper
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IMF Survey
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
Albania
Dedicated to "all those Albanians whose lives have been disrupted by violence and human rights abuses," this bibliographic guide attests to many unique cultural and other facets of this beleaguered Balkan nation beyond its contemporary political and economic woes: individuals of note, geology, archeology/prehistory, flora and fauna, travel accounts, language, arts, media, religion, cuisine, hobbies, social change, women's issues, and Albanian communities around the world. Includes a chronology, table of place names, note on pronunciation, map, and indexes by author, title, and subject. Annotation copyrighted by Book News, Inc., Portland, OR
Transition
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