This publication provides comprehensive and consistent information on African central government debt statistics for the period 2003-2013.

This book reviews the recent evolutions of cities in the world according to entirely revised theoretical fundamentals of urban systems. It relies on a vision of cities sharing common dynamic features as co-evolving entities in complex systems. Systems of cities that are interdependent in their evolutions are characterized in the context of that dynamics. They are identified on various geographical scales—worldwide, regional, or national. Each system exhibits peculiarities that are related to its demographic, economic, and geopolitical history, and that are underlined by the systematic comparison of continental and regional urban systems, following a common template throughout the book. Multi-scale urban processes, whether local (one city), or within national systems (systems of cities), or linked to the expansion of transnational networks (towards global urban systems) throughout the world over the period 1950–2010 are deeply analyzed in 16 chapters. This global overview challenges urban governance for designing policies facing globalization and the subsequent ecological transition. The answers, which emerge from the diversity of situations in the world, add some reflections on and recommendations to the “urban system framework” proposed in the Habitat III agenda.

This chapter presents a report on International Financial Statistics (IFS). The country tables normally include data on a country’s exchange rates, IMF position, international liquidity, monetary statistics, interest rates, prices, production, labor, international transactions, government accounts, national accounts, and population. Selected series, including data on Fund accounts, international reserves, and international trade, are drawn from the country tables and published in world tables as well. Exchange rates in IFS are classified into three broad categories, reflecting the role of the authorities in determining the rates and/or the multiplicity of the exchange rates in a country. In IFS, exchange rates are expressed in time series of national currency units per SDR (the unit of account for the IMF) and national currency units per US dollar, or vice versa. The country tables, euro area tables, and world tables provide measures of effective exchange rates, compiled by the IMF’s Research Department, Strategy, Policy, and Review Department, Statistics Department, and area departments.

The IMF Government Finance Statistics contains statistical data on government financial operations for 156 countries. Where reported, the database contains time series from 1972 onwards using the Government Finance Statistics Manual 2014 (GFSM 2014) framework. The statistics, issued quarterly, are updated as new data are received and time series become available. These time series present combined statistics on revenue, expense, transactions in non-financial assets, and financial assets and liabilities, as well as on stocks of assets and liabilities of general government and its subsectors.

The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This twelfth volume presents a collection of eight papers, analysing the emergence and economic problems of the emerging economies during and after the international financial crisis of 2007–8 and the subsequent Great Recession. The contributions range from an analysis of the international financial crisis of 2007–8 in general terms to an analysis of the same but concentrating on the emerging economies, before turning to groups of economies, Arab, African and Eastern European countries, and two relevant but individual countries, namely China and Turkey. This book offers students, scholars, researchers and policy-makers detailed analysis and informed commentary on the origins of the international financial crisis of 2007–8 and the great recession by focusing on its effect on emerging countries.

This annual publication provides detailed data on transactions in revenue, expense, net acquisition of assets and liabilities, other economic flows, and balances of assets and liabilities of general government and its subsectors. The data are compiled according to the framework of the 2014 Government Finance Statistics Manual, which provides for several summary measures of government fiscal performance.

We estimate the latent factors that underlie the dynamics of the sovereign bond yield curve in Morocco during 2004–14 based on the Dynamic Nelson-Siegel model. On this basis, we explore the interaction between macroeconomic variables and the yield curve, which is of direct relevance to macroeconomic policy-making. In Morocco’s context, we find that tighter monetary policy increases short-end maturities, and that the impact is small and short-lived. Economic activity is also briefly but significantly impacted, suggesting that even under a pegged exchange rate, monetary policy autonomy and effectiveness can be increased through greater central bank independence. Fiscal improvements significantly lower yield levels. Policy conclusions are that improvement in the fiscal and monetary policy frameworks, as well as greater financial sector development and inclusion, could benefit Morocco and strengthen the transmission mechanisms and effectiveness of macroeconomic policies.