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This Selected Issues paper covers three topics of particular relevance to Mauritania: export competitiveness and exchange rate policy, the monetary policy framework, and the transfer of government deposits from commercial banks to the central bank. The paper reports on the recent economic...
Persistent link: https://www.econbiz.de/10014407289
Germany’s economic growth and recovery from the global crisis are explained in this study. Tax, education, and innovation policies are specific measures supported by the authorities. External and financial shocks received by Germany and other outward spillovers are outlined. Germany has a high...
Persistent link: https://www.econbiz.de/10014399041
The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the recovery are balanced but the range of forecasts for 2007 is unusually wide. The priority for Germany is to transmit its external strength to the domestic economy, thus further...
Persistent link: https://www.econbiz.de/10014404567
Persistent link: https://www.econbiz.de/10000082002
Slovak Federal Republic (Czechoslovakia) for membership in the IMF. The paper surveys the economic system that had developed …
Persistent link: https://www.econbiz.de/10014399300
This Selected Issues paper examines the effect of political instability on economic growth in Nepal. It uses publicly available data on political economy variables for 167 countries worldwide from 1970–2004 to estimate the impact of political instability on growth. The findings reveal that...
Persistent link: https://www.econbiz.de/10014404826
Real output growth of the Republic of the Marshall Islands appears to have slowed sharply in FY2003 and again in FY2004. The 2005 Article IV Consultation highlights that the economic activity has been hampered by delays in implementing an upgraded public works program and the closure of a large...
Persistent link: https://www.econbiz.de/10014405019
The United Kingdom’s 2005 Article IV Consultation reports that macroeconomic performance has been strong and steady, owing in part to confidence-enhancing policy frameworks and generally sound implementation. The financial system is generally healthy, although a substantial increase in the...
Persistent link: https://www.econbiz.de/10014405020
This 2004 Article IV Consultation highlights that United Kingdom’s real GDP growth is estimated at about 3 percent in 2004 and is expected to stay stable at about 21⁄2 percent in 2005–06, in line with potential growth. Domestic demand remains the key driver of growth, underpinned by...
Persistent link: https://www.econbiz.de/10014405044
The Syrian Arab Republic’s 2005 Article IV Consultation reports that progress had been made on structural reforms, including a simplification of the exchange rate system, and the adoption of a new income tax law. Rising international oil prices starting in mid-1999 helped maintain financial...
Persistent link: https://www.econbiz.de/10014405047