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Republic of Poland; Selected Issues
International Monetary Fund (IMF); International … - 2008
This paper provides three policy lessons to take full advantage of the opportunity afforded by EU funds. The main features of the global integrated monetary and fiscal (GIMF) model and how it was modified to account for income convergence are discussed. The impact of EU funds as exhibited in the...
Persistent link: https://www.econbiz.de/10011244276
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Indonesia; Selected Issues
International Monetary Fund (IMF); International … - 2008
analyze the inflation outlook and monetary policy challenges. The Bank of Indonesia (BI) introduced its Inflation Targeting … Framework in July 2005 with the goal to reduce inflation in the medium term to 3 percent. BI’s official mandate is stability … of the rupiah, both internal and external, and BI views the inflation targeting regime with a floating exchange rate as …
Persistent link: https://www.econbiz.de/10011244290
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South Africa; Selected Issues
International Monetary Fund (IMF); International … - 2008
This Selected Issues paper discusses the policy response by a sample of central banks to the ongoing oil and food price shocks in South Africa, drawing some lessons, which can help put in context developments in the country. The paper discusses first- and second-round effects of “supply...
Persistent link: https://www.econbiz.de/10011244349
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Uruguay; Selected Issues
International Monetary Fund (IMF); International … - 2013
Uruguay’s inflation and inflation expectations exceed the inflation target, and the gap has been widening in recent …
Persistent link: https://www.econbiz.de/10011244441
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Nigeria; Selected Issues
International Monetary Fund (IMF); International … - 2008
This paper presents a simple structural model of inflation adapted for Nigeria based on the methodology of Berg, Karam …
Persistent link: https://www.econbiz.de/10011244544
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Republic of Belarus; Selected Issues
International Monetary Fund (IMF); International … - 2006
The analysis of inflation developments in Belarus is hampered by widespread price controls. Persistence of common … inflation is generally higher than that of actual inflation. Factor analysis assumes that covariation among time series can be …
Persistent link: https://www.econbiz.de/10011244559
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United States; 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2006
The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They...
Persistent link: https://www.econbiz.de/10011244857
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Colombia; Selected Issues
International Monetary Fund (IMF); International … - 2008
This paper quantifies the dynamic effects of fiscal policy using a structural model, the Global Integrated Monetary and Fiscal Model (GIMF). The analysis finds that success of fiscal policy in enhancing macroeconomic stability depends on the type of shock, the response of monetary policy, and...
Persistent link: https://www.econbiz.de/10011244998
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Uruguay; 2009 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Dir...
International Monetary Fund (IMF); International … - 2010
to balance different risks. Executive Directors have welcomed the achievement of single-digit inflation over the last … several years, while noting that inflation remains relatively high. …
Persistent link: https://www.econbiz.de/10011245003
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West African Economic and Monetary Union; Staff Report on Common Policies of Member Countries—Regional Consultation on Economic Issues and Policies—Staff Report, Public Informa...
International Monetary Fund (IMF); International … - 2011
In 2010, average inflation has remained low in all West African Economic and Monetary Union (WAEMU) countries, but has …
Persistent link: https://www.econbiz.de/10011245074