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Pakistan: Eleventh Review Under the Extended Arrangement and Request for Modification of Performance Criteria and Extension of the Extended Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Pakistan

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  • International Monetary Fund

Abstract

This paper assesses El Salvador’s capacity and options for upgrading its fiscal framework and attempts to take a fresh look at the “growth puzzle” from a comparative perspective. The Hausmann’s growth diagnostics approach offers a useful start, but it does not clearly explain El Salvador’s growth gap versus its regional peers. The paper also constructs estimates of potential output growth and the output gap for El Salvador and compares it to those of other Central American countries. It examines potential growth before and after the global financial crisis and its likely medium-term trajectory.

Suggested Citation

  • International Monetary Fund, 2016. "Pakistan: Eleventh Review Under the Extended Arrangement and Request for Modification of Performance Criteria and Extension of the Extended Arrangement-Press Release; Staff Report; and Statement by th," IMF Staff Country Reports 2016/207, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2016/207
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    Citations

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    Cited by:

    1. Muhammad Haseeb & Kate Vyborny, 2016. "Imposing institutions: Evidence from cash transfer reform in Pakistan," CSAE Working Paper Series 2016-36, Centre for the Study of African Economies, University of Oxford.
    2. Chakraborty, Lekha, 2019. "Federal fiscal policy effectiveness and Inequality: Empirical evidence on Gender Budgeting in Asia Pacific," Working Papers 19/273, National Institute of Public Finance and Policy.
    3. Lekha Chakraborty, 2016. "Asia: A Survey of Gender Budgeting Efforts," IMF Working Papers 2016/150, International Monetary Fund.
    4. Feltenstein, Andrew & Mejia, Carolina & Newhouse, David & Sedrakyan, Gohar, 2017. "The poverty implications of alternative tax reforms: Results from a numerical application to Pakistan," Journal of Asian Economics, Elsevier, vol. 52(C), pages 12-31.

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