sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries … of inflation variability, as predicted by the fiscal theory of the price level …

Poverty and unemployment remained high in Botswana. The shortcomings of the labor market policies are responsible for a … high unemployment rate. This selected issues paper sheds considerable light on ways that Botswana can enhance inclusive … growth and reduce the high level of structural unemployment. Botswana was identified as having been able to sustain the …

This 2005 Article IV Consultation highlights that Australia has implemented wide-ranging structural reforms and … strengthened the frameworks for monetary and fiscal policies over the past two decades. As a result, Australia’s economic expansion …

This Selected Issues paper reviews how Australia’s economy has adapted to a flexible Australian Dollar. The paper … proposal, and estimates how much Australia and other countries in the Asia-Pacific region would gain from greater financial …

Property price inflation has accelerated during the last few years, propelled by low mortgage rates, poor returns from …

Australia’s large external deficits appear sustainable. There are, however, risks associated with the resulting …. Australia’s fiscal policy appears to be broadly consistent with guidelines for fiscal management in the face of commodity price …

cushion growth while preserving low inflation. To promote robust risk management practices by financial institutions, the …

This Selected Issues paper for Australia highlights the dynamics of the Australian real exchange rate and its impact on … Australia’s trade. The main findings are that the Australian real exchange rate is largely driven by world commodity prices and …