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| May 2013 |
Read the latest Regional Economic Outlook reports FREE in the IMF eLibrary, or order a print edition from the IMF Bookstore. Newly released publications include the Government Finance Statistics Yearbook and new books on assessing the reserve adequacy of low-income countries, macroprudential frameworks in Asia, monetary and financial law, and the Independent Evaluation Office report The Role of the IMF as Trusted Advisor.
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 Just Released
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Government Finance Statistics Yearbook
The demand for high-quality detailed public
finance statistics covering a globally representative sample of countries
increased dramatically during the recent financial crisis. Due to the
complexity of public finance statistics, however, such data tend to be either
available in oversimplified high-level aggregates or available with a great level of detail that may be overly complicated and difficult to understand. The IMF’s
latest Government Finance Statistics Yearbook shows fiscal data of about 140
countries following the Government Finance Statistics Manual 2001
framework.
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IMF eBooks Now on Nook
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Assessing Reserve Adequacy in Low-Income Countries
Low-income countries routinely experience exogenous disturbances—sharp swings in the terms of trade, export demand, natural disasters, and volatile financial flows—that contribute to higher volatility in aggregate output and consumption compared with other countries. This study presents the findings of an analysis of a range of external shocks faced by these countries and suggests that although sound macroeconomic and prudential policy frameworks are the first line of defense for limiting vulnerability, international reserves constitute the main form of self-insurance against such shocks.
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Macroprudential Frameworks in Asia
This Departmental Paper portrays a cross-country dimension of macroprudential policy implementation in Asia, advancing a comprehensive overview of institutional arrangements and instruments deployed by individual countries to address systemic risk, including risk concentration and interconnectedness. The book is the first comprehensive collection of papers assessing the existing institutional arrangements for macroprudential policies in Asia. |
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Independent Evaluation Report: The Role of the IMF as Trusted Advisor
The IMF carries out its mandate to foster macroeconomic stability and thereby facilitate prosperity by promoting the adoption of sound policies and international cooperation. Ultimately, the means to achieve these goals is to have IMF policy advice translated into concrete action. Key to achieving such traction is the relationship between the IMF staff and member country authorities, together with the quality of the advice and members’ confidence in it. This evaluation examines the circumstances in which the IMF is viewed as a "trusted advisor" to its member countries. It uses evidence gathered since 2005, but emphasizes the period since the onset of the 2007-08 global crisis. |
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Current Developments in Monetary and Financial Law, Volume 6
“Restoring Financial Stability–The Legal Response” is the theme of the sixth volume of Current Developments in Monetary and Financial Law. The book covers a range of issues: frameworks and regulatory reforms in the United States, the European Union, and Japan that address systemic risk; the international dimension of financial stability; the regulation of complex financial products; cross-border banking supervision; capital adequacy; and corporate and household debt restructuring.
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New Regional Economic Outlook Reports
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The IMF’s Regional Economic Outlook reports are the
premier source for understanding the latest economic developments in countries
around the world. Each report focuses on recent policy developments that have
affected economic performance and identifies the key challenges faced by
policymakers in individual countries. Expert analysis of the latest
country-specific data allows these reports to provide accurate near-term
outlooks and to explore in depth the risks a region’s economies will face going
forward.
Read the latest Regional Economic Outlook reports from the IMF FREE in the IMF eLibrary or order the print editions of these reports from the IMF Bookstore by clicking on the covers above.
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IMF eLibrary News
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NEW Features for IMF Data eLibrary Now you can easily view and change data queries you have built and share queries with colleagues straight from the “Actions” menu at the top right of the “View Data” page. You can also find data faster using our improved search function and visualize and animate data across countries using the IMF Data Mapper tool.
FREE Webinar Training Series - The next webinar for the IMF eLibrary is on June 11. The training will cover search, navigation, and use of publications and data.
FREE eLibrary Subscription Program for academic, nonprofit, and governmental institutions in developing economies. The program provides full and free access to all the IMF's publications and data. |
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