Policy Papers
2004
December 13, 2004
MFD (Monetary and Financial Systems Department) Technical Assistance to Recent Post-Conflict Countries
Description: This paper reviews the recent experience with technical assistance (TA) to postconflict economies in the monetary and financial areas with a view to providing lessons for ongoing and future work.
December 13, 2004
Background Paper for MFD Technical Assistance to Recent Post-Conflict Countries
Description: This paper provides background information to the paper “MFD Technical Assistance to Recent Post-Conflict Countries.” The paper presents case studies on eight countries: Afghanistan, Cambodia, the Democratic Republic of the Congo, Iraq, Kosovo, Serbia, Sierra Leone, and Timor-Leste.
December 13, 2004
Background Paper for Rebuilding Fiscal Institutions in Post-Conflict Countries
Description: The information provided in this paper supplements the information presented in the main Board paper. The main paper discusses experiences in reestablishing fiscal management in post-conflict countries. On the basis of the Fiscal Affairs Department technical assistance recommendations to these countries, that paper identifies key priorities for rebuilding fiscal institutions in a post-conflict setting. This background paper provides more detailed information for the six selected countries—Afghanistan, Bosnia and Herzegovina, Democratic Republic of Congo (DRC), Lebanon, Mozambique, and Timor-Leste.
November 24, 2004
Macroeconomic and Structural Policies in Fund-Supported Programs - Review of Experience
Description: A Fund-supported program is a package of envisaged policies which, combined with approved financing, is expected to achieve certain economic objectives such as fostering macroeconomic stability and orderly external adjustment, promoting growth and poverty reduction, and reducing vulnerability to future balance of payments problems or financial crises. This paper reviews experience with specific macroeconomic and structural policies intended to achieve these objectives.
November 24, 2004
Fund-Supported Programs - Objectives and Outcomes
November 24, 2004
Design of Fund-Supported Programs - Overview
November 24, 2004
Policy Formulation, Analytical Frameworks, and Program Design
Description: The first part of this paper lays out the process of program design and briefly describes some of the analytical tools--including the financial programming framework, the balance sheet approach, and the debt sustainability template--employed by Fund country teams in advising national authorities on policy formulation. The second part of paper seeks to assess how well this process works in practice.
November 19, 2004
From Fixed to Float-Operational Aspects of Moving Toward Exchange Rate Flexibility
November 9, 2004
Operational Guidance Note on Access Under the Poverty Reduction and Growth Facility
Description: This note summarizes Poverty Reduction and Growth Facility (PRGF) access policies, including those aspects of the Board's March 31 discussion with immediate effect on the PRGF.