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catching-up has been so much slower in Poland than in its regional peers, and whether this might hamper Poland's long … loans are. The chapter is organized as follows: section II.B discusses credit developments in the last decade and factors …-country experiences with policy responses to rapid credit growth of foreign currency credit and discuss recent policy measures taken in …
Persistent link: https://www.econbiz.de/10012560019
Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...
Persistent link: https://www.econbiz.de/10014404829
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011242698
This 2008 Article IV Consultation highlights that Tunisia’s sound economic policies and pragmatic approach to structural reforms continue to bear fruit, as evidenced by strong growth and improved social indicators. Real GDP growth averaged 5 percent a year while the macroeconomic and...
Persistent link: https://www.econbiz.de/10011244286
This note reviews some concepts of global liquidity and discusses measurement approaches that have been used by various interlocutors, including at the BIS, by Fund staff, and in academia. Some measures that could be regularly monitored by policy makers are presented
Persistent link: https://www.econbiz.de/10014410545
procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …
Persistent link: https://www.econbiz.de/10014396432
This paper is an analysis of Japan’s credit channel. The economic condition has no hindrance, but credit demand showed … aspects act as an impediment to credit control. The Executive Board expects restructuring of financial policies in government … this paper as a study of Japan’s thoughts in an efficient route to credit boom …
Persistent link: https://www.econbiz.de/10014395722
Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …
Persistent link: https://www.econbiz.de/10014396466
This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent …
Persistent link: https://www.econbiz.de/10014395990
This paper on the Republic of Poland was prepared by a staff team of the International Monetary Fund as background … views of the government of the Republic of Poland or the Executive Board of the IMF. …
Persistent link: https://www.econbiz.de/10011245405