Showing 1 - 10 of 206
This paper examines foreign exchange intervention practices and their effectiveness using a new qualitative and quantitative database for a panel of 15 economies covering 2004 - 10, with special focus on Latin America. Qualitatively, it examines institutional aspects such as declared motives,...
Persistent link: https://www.econbiz.de/10009203527
Persistent link: https://www.econbiz.de/10011393817
This paper examines the implications of elevated global food prices for inflation in select Central Asian economies - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant short-run effects that build over time. Inflation...
Persistent link: https://www.econbiz.de/10014396909
This report updates the macroeconomic assessment of the impact of global food and fuel price increases provided in the IMF June 2008 Board paper: Food and Fuel Prices-Recent Developments, Macroeconomic Impact, and Policy Response. Food and oil prices peaked in early summer-in particular, oil...
Persistent link: https://www.econbiz.de/10014409865
This paper reviews economic developments in Barbados during the 1990s. Economic activity declined during 1990-92 but began to recover in 1993. The recovery started slowly in 1993, but picked up in 1994, and real GDP grew by 3.8 percent in that year. Adverse weather in 1994 led to a drop in sugar...
Persistent link: https://www.econbiz.de/10014396144
This paper presents an overview of the National Poverty Reduction Strategy Paper (NPRSP) for Guinea-Bissau. The paper … discusses the phenomenon of poverty, its dimensions, extent, and distribution by category and region. It provides a background … analysis of developments in poverty based on the diagnostic of past economic policies. The paper presents the priority goals in …
Persistent link: https://www.econbiz.de/10011245554
This paper focuses on Senegal’s second poverty reduction strategy paper (PRSP–II). It summarizes the results of the … document for growth and poverty reduction that draws legitimacy from an underlying participatory process, it sets poverty …
Persistent link: https://www.econbiz.de/10011242593
This study takes stock of the institutional reform of monetary policy in Latin America since the early 1990s. It argues that strengthening the legal independence of central banks, together with macroeconomic policies, was instrumental in reducing inflation from three-digit annual rates in the...
Persistent link: https://www.econbiz.de/10014400741
This is the fourth of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In...
Persistent link: https://www.econbiz.de/10014402506
This paper highlights that central banks from Brazil, Chile, Colombia, Mexico, and Peru (the LA5 countries) reaped the benefits of what they sowed in successfully weathering the global crisis. The adoption of far-reaching institutional, policy, and operational reforms during the last two decades...
Persistent link: https://www.econbiz.de/10014402930