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reform programs. Financial support bas been provided through a wide variety of instruments and channels. For the low … to external financing from official sources is likely to remain high for those countries whose adjustment and reform …
Persistent link: https://www.econbiz.de/10014397643
Macroeconomic performance of Seychelles under the Stand-by Arrangement (SBA) has been favorable and the reforms continue to be pursued with a high degree of ownership and broad public support. The liberalization of the exchange regime, a strong fiscal adjustment, and prudent monetary policies...
Persistent link: https://www.econbiz.de/10014409981
criterion on non-concessional borrowing, but there were delays in the execution of the structural reform agenda …
Persistent link: https://www.econbiz.de/10014410592
This paper examines the World Economic Outlook forecasting record for the principal performance indicators for the … developments in policy variables and oil prices. In judging the forecast performance of the World Economic Outlook, a number of … points must be kept in mind. Most important, it has to be recognized that the period since the inception of the World …
Persistent link: https://www.econbiz.de/10014400509
This paper discusses commodity prices might serve as a useful leading indicator of inflation, based on the relative importance of flexible auction markets for the determination of these prices. They thus may have a tendency to respond relatively quickly, especially in response to monetary...
Persistent link: https://www.econbiz.de/10014401015
This paper describes the functioning of labor markets and to eliminate other structural obstacles to noninflationary growth. The decline in the price level in the home country will involve a rise in the real money supply and, if output is sluggish, this will result in an excess supply of money....
Persistent link: https://www.econbiz.de/10014401016
The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff … economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world …
Persistent link: https://www.econbiz.de/10014403935
Recent indicators suggest that activity in the world economy is strengthening more rapidly than projected by the staff …
Persistent link: https://www.econbiz.de/10014404904
This paper presents an outlook for the world economy for 1997–98. With world output expected to expand by some 41 …
Persistent link: https://www.econbiz.de/10014399289
high level of investment activity, an increase in the volume of world trade, and an environment of relatively stable prices …
Persistent link: https://www.econbiz.de/10014397588