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In 2010, average inflation has remained low in all West African Economic and Monetary Union (WAEMU) countries, but has edged up in the second half of the year. After a moderate fiscal easing by about 11⁄2 percentage points of GDP in 2009, mostly the result of higher capital spending, the...
Persistent link: https://www.econbiz.de/10014399070
Macroeconomic developments benefited from oil windfalls, but structural problems still impede non-oil growth. Fiscal and external balances improved in the Central African Economic and Monetary Community (CEMAC) because of the surge in oil prices and better fiscal management. Oil-related reserve...
Persistent link: https://www.econbiz.de/10014405373
This paper explains different features of the MULTI-region econometric MODel (MULTIMOD). MULTIMOD is designed to examine the effects on that baseline of scenarios that involve changes in policies in major countries and other exogenous changes in the economic environment. The Mark II version...
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in 2003, but has reacted nervously to recent political developments. The Central Bank of Sri Lanka (CBSL) cut repo rates …
Persistent link: https://www.econbiz.de/10014406425
This 2005 Article IV Consultation highlights that the GDP growth in Japan slowed unexpectedly in the second quarter of …
Persistent link: https://www.econbiz.de/10014406054
Bank of Japan’s monetary framework is well suited to the post deflation environment and welcomed the improvement in …Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the …
Persistent link: https://www.econbiz.de/10014401190
the increased amounts and frequency of the Bank of Japan’s (BoJ) liquidity operations. The near-term economic outlook is …This 2008 Article IV Consultation highlights that Japan’s external position remains strong. The current account surplus …
Persistent link: https://www.econbiz.de/10014403566