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220928 ||| eng |
| 020 |
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|a 9781513575858
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| 245 |
0 |
0 |
|a Macroeconomic Developments and Prospects In Low-Income Countries—2021
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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| 300 |
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|a 47 pages
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| 653 |
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|a Environmental Economics: General
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| 653 |
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|a Health
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| 653 |
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|a Economics
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| 653 |
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|a Income
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| 653 |
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|a Development banks
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| 653 |
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|a Infectious & contagious diseases
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| 653 |
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|a Finance
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| 653 |
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|a Environmental Economics
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| 653 |
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|a Political Economy
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Monetary economics
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| 653 |
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|a Financial institutions
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| 653 |
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|a Environment
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| 653 |
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|a Green finance / sustainable finance
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| 653 |
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|a Covid-19
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| 653 |
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|a Aggregate Factor Income Distribution
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| 653 |
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|a Political economy
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| 653 |
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|a Health Behavior
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| 653 |
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|a National accounts
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| 653 |
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|a Financial Institutions and Services: General
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Monetary policy
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| 653 |
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|a Diseases: Contagious
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| 653 |
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|a Communicable diseases
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Climate finance
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| 653 |
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|a Multilateral development institutions
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| 653 |
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|a Climatic changes
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| 710 |
2 |
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|a International Monetary Fund
|b Strategy, Policy, & Review Department
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a Policy Papers
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| 028 |
5 |
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|a 10.5089/9781513575858.007
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| 856 |
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|u https://elibrary.imf.org/view/journals/007/2021/020/007.2021.issue-020-en.xml?cid=50312-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This paper is the sixth in a series that examines macroeconomic developments and prospects in low-income countries (LICs). LICs are defined in this report as the countries eligible to PRGT facilities (69 countries). The first section of the paper discusses recent macroeconomic developments and trends across LICs. The second section estimates LICs’ financing needs up to 2025 to resume and accelerate their income convergence with advanced economies (AEs). It does this by estimating the additional financing that would enable LICs to step up spending response to COVID, including vaccination needs, while rebuilding or keeping external buffers to enhance resilience, and then the paper considers the financing needed to allow LICs to accelerate convergence with AEs. The paper then discusses a mix of financing options, including concessional financing from the international financial institutions, grants and loans from bilateral donors, private financing and debt operations, but also domestic reforms within LICs themselves as a key component to foster growth, enhance private investment, raise public revenues, and increase efficiency of spending
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