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The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple … responsiveness of output to market signals. In addition, the paper addresses the adverse effects of bank insurance and soft budget …
Persistent link: https://www.econbiz.de/10014396155
Persistent link: https://www.econbiz.de/10014409845
This Selected Issues paper on Ghana shows that as a small, open low-income economy, the country faces several major challenges in its conduct of disinflation policy. Ghana has historically experienced volatile and often high inflation rates. The paper also presents a model that recognizes...
Persistent link: https://www.econbiz.de/10014403567
This technical note on the Republic of Poland underlies the country’s credit, growth, and financial stability. A broad-based statistical and econometric analysis of financial and household balance sheet data implies that exchange rate-related credit risk and liquidity risk are currently...
Persistent link: https://www.econbiz.de/10014406890
This Selected Issues paper reviews trends in GDP and their impact on poverty reduction in Ghana. It highlights structural constraints that are believed to have affected output growth, along with potential sources of increases in output in future years. The paper analyzes trends in the main...
Persistent link: https://www.econbiz.de/10014407133
This Selected Issues paper reviews public service reform in Ghana. The paper highlights that a range of public service reform initiatives have been undertaken in Ghana since the early 1980s. The public service in Ghana is composed of centrally managed agencies, ministries, subvented agencies,...
Persistent link: https://www.econbiz.de/10014398120
This paper reviews trends in GDP and other macroeconomic variables since independence. It assesses the performance of the different sectors of the economy and expenditure categories. The paper identifies a number of products that could contribute to maintaining the high growth rate that...
Persistent link: https://www.econbiz.de/10014398778
Iran has received much attention from a geopolitical and regional standpoint, but its economic challenges have not attracted a similar degree of interest. With a population of 69 million, considerable hydrocarbon resources, a dynamic and entrepreneurial middle class, and a relatively...
Persistent link: https://www.econbiz.de/10014411053
This Selected Issues paper examines competitiveness and the equilibrium real exchange rate for Ghana. It estimates a behavioral equilibrium exchange rate model for Ghana to establish to what extent real effective exchange rate (REER) movements have been driven by an adjustment to its equilibrium...
Persistent link: https://www.econbiz.de/10014403217
The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution … framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved … public funds. To ensure adequate bank capitalization, a comprehensive review of banks' asset portfolios and collateral …
Persistent link: https://www.econbiz.de/10012246711