Narrow search
Showing 1 - 10 of 515
Cover Image
Macroeconomic Adjustment in a Highly Dollarized Economy : The Case of Cambodia
International Monetary Fund - 2002
Cambodia became dollarized suddenly in the early 1990s, as a result of massive dollar inflows stemming from a postconflict situation. Considering that the amount of dollars in circulation is unusually high, we attempt to estimate the true degree of dollarization empirically. Our results show...
Persistent link: https://www.econbiz.de/10014399652
Cover Image
The Baltics and Bulgaria : Labor Markets in Hard-Peg Accession Countries
International Monetary Fund - 2001
The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor...
Persistent link: https://www.econbiz.de/10014402526
Cover Image
Former Yugoslav Republic of Macedonia; Staff Report for the 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion...
International Monetary Fund (IMF); International … - 2010
outset of the global crisis was its large current account deficit in the context of the exchange rate peg to the euro. At the …
Persistent link: https://www.econbiz.de/10011245752
Cover Image
Adopting the Euro in Central Europe; Challenges of the Next Step in European Integration
International Monetary Fund (IMF); International … - 2005
derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national … currency with the euro, but can choose when to request permission to do so). For most of these countries, adopting the euro … convergence with the rest of the euro area. …
Persistent link: https://www.econbiz.de/10005767345
Cover Image
Lithuania : History and Future of the Currency Board Arrangement
International Monetary Fund - 2002
The paper examines the evolution of the institutional setup of Lithuania''s Currency Board Arrangement (CBA) and competitiveness from 1994 through 2001, with a view to determining the resilience of the Lithuanian CBA to external shocks in 2002-03. First, several indicators of competitiveness are...
Persistent link: https://www.econbiz.de/10014399646
Cover Image
Seychelles; 2008 Article IV Consultation and Request for a Stand-By Arrangement: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board...
International Monetary Fund (IMF); International … - 2008
This paper presents Seychelles’ 2008 Article IV Consultation and Request for a Stand-By Arrangement. Large macroeconomic imbalances and vulnerabilities resulting from longstanding unsustainable macroeconomic policies, combined with recent external shocks, culminated in mid-2008 with the...
Persistent link: https://www.econbiz.de/10011243790
Cover Image
Bulgaria; 2012 Article IV Consultation--Staff Report; Public Information; and Statement by the Executive Director for Bulgaria
International Monetary Fund (IMF); International … - 2012
Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt …
Persistent link: https://www.econbiz.de/10011245064
Cover Image
Indonesia; 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Ind...
International Monetary Fund (IMF); International … - 2007
This 2007 Article IV Consultation highlights that Indonesia’s economic performance has been strong since the last Article IV Consultation. Supported by sound policies and a favorable external environment, output has grown strongly, inflation has stabilized, and international reserves have...
Persistent link: https://www.econbiz.de/10011244555
Cover Image
Ukraine; Request for Stand-by Arrangement—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion, and Statement by the Executive Director for Ukraine...
International Monetary Fund (IMF); International … - 2008
The staff report for the Request for a Stand-by Arrangement with officials of Ukraine discusses economic developments and policies. Assuming a global recovery in the second half of 2009, the Ukrainian economy could be back at its estimated potential growth rate by 2011. The large financing gaps...
Persistent link: https://www.econbiz.de/10011245424
Cover Image
Republic of Yemen; 2008 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Exe...
International Monetary Fund (IMF); International … - 2009
Recent economic performance in Yemen has been mixed. A sharp decline in oil production, coupled with inflexible government expenditure and only marginal improvement in the tax-to-GDP ratio led to an overall fiscal deficit of 5.8 percent in 2007. Executive Directors have noted that Yemen’s...
Persistent link: https://www.econbiz.de/10011245788