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Luxembourg : 2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Luxembourg
Internationaler Währungsfonds - 2021
The economic impact of the pandemic has been much milder than initially foreseen, still the outlook remains challenging. The economy, dominated by financial services, adapted quickly to telework and benefited from unprecedented policy support, both domestically and globally. Uncertainty is...
Persistent link: https://www.econbiz.de/10012604015
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Euro area policies : 2016 Article IV consultation : press release; staff report; and statement by the Executive Director for the Euro area
Internationaler Währungsfonds - 2016
This 2016 Article IV Consultation highlights that the recovery in euro area has strengthened recently. Lower oil prices, a broadly neutral fiscal stance, and accommodative monetary policy are supporting domestic demand. However, inflation and inflation expectations remain very low, below the...
Persistent link: https://www.econbiz.de/10011675707
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Central African Economic and Monetary Community (CEMAC) : common policies of member countries and common policies in support of member countries reform programs : press release; st...
Internationaler Währungsfonds - 2019
The regional strategy has helped to avert an immediate crisis but continues to face headwinds: two countries have yet to enter financing arrangements with the Fund: regional reserves have underperformed despite higher-than-projected oil prices; the projected recovery of non-oil growth has still...
Persistent link: https://www.econbiz.de/10011986661
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Hungary: liquidity scheme
Mott, Carey K.; Buchholtz, Alec - In: The journal of financial crises 4 (2022) 2, pp. 920-948
Persistent link: https://www.econbiz.de/10013447875
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Transmission of shocks to the Chinese economy in a global context : a model-based approach
Bailliu, Jeannine N.; Blagrave, Patrick - 2010
incorporate China into an existing model for the G-3 economies (i.e., the United States, the euro area, and Japan), paying … particular attention to modelling the exchange rate and monetary policy in China. Their findings suggest that the Chinese economy … real exchange rate more persistent. In addition, the authors’ model underscores the importance of spillovers from China to …
Persistent link: https://www.econbiz.de/10003996844
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Escalating crisis in the eurozone : the case for conditional debt relief for Greece (statement No. 40)
2015
In this statement the European Shadow Financial Regulatory Committee (ESFRC) is advocating a conditional relief of Greek’s government debt based on Greece meeting certain targets for structural economic reforms in areas such as its labor market and pensions sector.The authors argue that the...
Persistent link: https://www.econbiz.de/10011290031
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The IMF to the rescue : did the euro area benefit from the fund's experience in crisis fighting?
Dullien, Sebastian; Fritz, Barbara; Mühlich, Laurissa - 2016
The paper analyses how the IMF brought its experience gained in emerging market sovereign debt crises in the troika’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in the 2000s. We examine subsequent changes in the...
Persistent link: https://www.econbiz.de/10011548057
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IMF surveillance in Europe
2015
Persistent link: https://www.econbiz.de/10010480950
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Time to Reconsider Status : The IMF, the EU, the Euro Area and Its Sovereign Debt Crisis
Wouters, Jan - 2016
This paper examines the contemporary and possible future role of the IMF in European economic governance in light of the cooperation developed between the EU and the Fund in order to tackle financial problems both in non-euro area and euro area Member States. Attention is paid to the influence...
Persistent link: https://www.econbiz.de/10013000996
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Adjustment Programs in Euro Countries : Why Ireland Succeeded While Greece Failed
Mateus, Abel M. - 2015
At the close of the global financial crises, Greece, Ireland and Portugal, and later Spain, experienced severe economic and financial crises. This paper compares the adjustment programs undertaken by the four countries. The sudden-stop of capital flows led to substantial official assistance by...
Persistent link: https://www.econbiz.de/10013013668