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Persistent link: https://www.econbiz.de/10000630405
The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...
Persistent link: https://www.econbiz.de/10014398716
Romania has made significant progress in stabilization and reform. Executive Directors welcomed this development, and …
Persistent link: https://www.econbiz.de/10014402324
price adjustments, and prudent monetary policy moderated domestic demand and reduced the current account deficit in Romania …
Persistent link: https://www.econbiz.de/10014407293
Romania’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA) are discussed. The authorities have …. Romania has preserved competitiveness, despite the slowdown in depreciation and recently strong domestic demand. Exports … remained the strongest component of aggregate demand and Romania continued to increase market share in its main trading …
Persistent link: https://www.econbiz.de/10014404862
This 2006 Article IV Consultation highlights that macroeconomic results for Romania were not as strong in 2005 compared …
Persistent link: https://www.econbiz.de/10014405642
On the eve of the global financial crisis, the Turkish economy had just concluded a six-year growth surge, spurred by policy reforms and favorable external and domestic conditions. Turkish GDP was hit hard by the onset of the global financial crisis, but quickly retraced its losses. The...
Persistent link: https://www.econbiz.de/10014405915
underlie the constuction of a financial program. The workshops use the case of Turkey to illustrate the techniques, and the … complete data set for Turkey is included on a diskette (supplied in a back-cover pocket) …
Persistent link: https://www.econbiz.de/10014412190
This paper evaluates Turkey’s Second Review Under the Stand-By Arrangement (SBA). Since the completion of the Article …
Persistent link: https://www.econbiz.de/10014406358
This paper examines Turkey’s 2002 Article IV Consultation and First Review Under the Stand-By Arrangement (SBA). In … against future crises, and to continue Turkey’s ambitious reform agenda. Under the 2002–04 Program, the continuation of the …
Persistent link: https://www.econbiz.de/10014407347