Showing 1 - 10 of 100
We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 …
Persistent link: https://www.econbiz.de/10014402376
This paper investigates the impact of long-run terms-of-trade shocks. Analytically, we show that, if capital goods are … during 1965-89. Favorable terms-of-trade shocks increase investment and (especially government) consumption, but reduce …, but Dutch Disease effects are strikingly absent. Investment, consumption, and nontradable output respond more to a terms-of-trade …
Persistent link: https://www.econbiz.de/10014400547
examines exchange-rate pass-through and external adjustment in the euro area. The impact on third-country trade and investment …
Persistent link: https://www.econbiz.de/10005824959
This paper focuses on the Staff-Monitored Program (SMP) for The Gambia. Understandings have been reached with the authorities on the SMP covering the period October 1, 2005 to March 31, 2006. Key objectives of the program include making progress toward fiscal sustainability, strengthening...
Persistent link: https://www.econbiz.de/10005825047
This Selected Issues paper for the Solomon Islands reviews budget trends in the past decade and assesses medium-term budget prospects. Aid flows and revenue from import tariffs and logging are projected to decline. Spending pressures are likely to pick up considerably, owing to the need to...
Persistent link: https://www.econbiz.de/10005825357
This Selected Issues paper and Statistical Appendix presents an overview of the fiscal developments in Mongolia since the late 1990s. It assesses the “quality†of the ongoing fiscal adjustment. The paper examines the dramatic expansion of bank credit to the private sector over the last...
Persistent link: https://www.econbiz.de/10005825533
good practice and it is necessary to speed up implementation if revenue, trade facilitation, and trade chain security …
Persistent link: https://www.econbiz.de/10009203523
, commercial bank advances, loans, and interest rates, balance of payments, trade indicators, composition of exports and imports …
Persistent link: https://www.econbiz.de/10011242483
trade balance has been developed and used as the basis for estimating a quarterly regression model of Bosnia and … Herzegovina’s trade balance. Effective fiscal coordination is essential in Bosnia and Herzegovina. …
Persistent link: https://www.econbiz.de/10011242830
The large capital inflows that generated a domestic demand boom in Bulgaria led to strong employment growth. But a sharp reduction in capital inflows led to a contraction of domestic demand, while the recession in Bulgaria’s trading partners caused a drop in exports. Public policies will...
Persistent link: https://www.econbiz.de/10011242926