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Fiji’s economy has contracted by 3 percent in 2009, and marginal growth is estimated for 2010. Foreign exchange … end 2010. Fiji’s economic growth was low in the past few years and the structure of the economy remained broadly unchanged …. The weak business climate results in sluggish private investment and is the major impediment to economic growth in Fiji …
Persistent link: https://www.econbiz.de/10014401172
Mozambique is an economic success story in Sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, including how they can efficiently manage a scaling up of foreign aid aimed at poverty reduction. Of...
Persistent link: https://www.econbiz.de/10012673980
The paper deals with the two parts of the short-run adjustment problem in developing countries: the improvement of the current account and the reduction of inflation, the main cause in both cases being usually a fiscal deficit. It is shown how the two parts are related. Distinctions are made...
Persistent link: https://www.econbiz.de/10014396270
This paper discusses the main features of Spain's recent adjustment effort and assesses its impact on the overall economic situation. It provides a brief historical background on Spain's economic development from 1960 to the early 1980s. The chapter also discusses the authorities' stance on...
Persistent link: https://www.econbiz.de/10014399316
The art of financial programming is a central element in the design of IMF-supported macroeconomic adjustment programs. This volume, edited by Richard Barth and William Hemphill, includes contributions from staff members of the IMF institute and introduces the reader to the concepts and tools of...
Persistent link: https://www.econbiz.de/10014412190
The global policy agenda that follows recalibrates priorities to meet the new reality we are facing. The IMF also continues to adjust to respond to the rapidly evolving needs of our membership. Our flexibility has been evident over the past two years of the COVID crisis: unprecedented emergency...
Persistent link: https://www.econbiz.de/10015060477
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014397995
This paper reviews Fiji’s growth performance since the late 1960s and empirically examines the factors underlying its … weak performance. It concludes that Fiji’s growth performance, like most of the other Pacific island economies, has been … economies are reviewed along with developments in the policy framework. The paper also analyzes Fiji’s growth performance and …
Persistent link: https://www.econbiz.de/10014397630
This 2009 Article IV Consultation highlights that Fiji’s growth has been sluggish in recent years because of delays in … economic reforms, worsening terms of trade, and political developments that have strained Fiji’s international relations and … hurt business confidence. Fiji’s economy is expected to have contracted by 21⁄2 percent in 2009, reflecting the adverse …
Persistent link: https://www.econbiz.de/10014403043
This 2011 Article IV Consultation reports that Fiji’s economic outlook appears stable, but there are downside risks …
Persistent link: https://www.econbiz.de/10014397004