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slump in gold production and delays in donor financing, monetary and fiscal policies remained prudent. Improving the …
Persistent link: https://www.econbiz.de/10011244398
boost economic growth. However, capacity building is urgently needed for the country to secure full benefits from an …
Persistent link: https://www.econbiz.de/10011243138
Seychelles. The banking system remains solid and continues to maintain healthy capital adequacy ratios. Despite strong program …
Persistent link: https://www.econbiz.de/10011244021
The standard argument for abstracting from capital accumulation in sticky-price macro models is based on their short …-run focus: over this horizon, capital does not move much. This argument is more problematic in the context of real exchange rate … (RER) dynamics, which are very persistent. In this paper we study RER dynamics in sticky-price models with capital …
Persistent link: https://www.econbiz.de/10010558500
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volatility in capital flows to emerging markets. The new SBA would provide a valuable policy anchor and support Romaniaâ …
Persistent link: https://www.econbiz.de/10011245005
This paper analyzes the monetary policy framework in Kazakhstan. The authorities have been successful in containing inflation in the context of a managed exchange rate regime. Over the past two years, the central bank has taken steps to enhance its ability to regulate liquidity in the financial...
Persistent link: https://www.econbiz.de/10011142107