Showing 1 - 10 of 72
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
This Selected Issues paper assesses the impact of Vietnam’s World Trade Organization (WTO) accession. It describes … the main terms of Vietnam’s accession as regards trade in goods and services, and uses a partial equilibrium simulation …
Persistent link: https://www.econbiz.de/10011243580
Tunisia’s reliance on European countries for export earnings, tourism, remittances, and foreign direct investment inflows has remained high over the last decades. Remittances and tourism receipts have been broadly stable in percent of GDP, with somewhat more fluctuations in the latter...
Persistent link: https://www.econbiz.de/10011244594
This 2007 Article IV Consultation highlights that following an extended boom led by strong domestic demand, the slowdown in the United States has largely reflected a drag from residential investment as the housing market has weakened substantially. Unexpected weakness in business investment and...
Persistent link: https://www.econbiz.de/10011244797
trade in goods and service, factor income, and capital automatically offset each other. …
Persistent link: https://www.econbiz.de/10011245147
the regional integration process in central Africa. The implementation of the agreed regime by the member countries … recent initiatives concerning external trade provide new challenges and opportunities for welfare-enhancing reforms. Although … the 1994 reforms that created the CEMAC customs union were a major step forward, the trade regime remains plagued by poor …
Persistent link: https://www.econbiz.de/10011245384
Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the need for a strong monetary framework, well-designed fiscal consolidation, and structural reforms. Directors agreed that the Bank of Japan’s monetary framework is well...
Persistent link: https://www.econbiz.de/10011245637
This Selected Issues Paper presents an analysis of Belarus-specific conditions and cross-country research, and proposes a roadmap for real-sector reforms. It highlights distortions resulting from the government’s interference in the economy, and presents an overview of economic benefits...
Persistent link: https://www.econbiz.de/10011245717
Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and needs strengthening, notably through the adoption of a fiscal rule and the...
Persistent link: https://www.econbiz.de/10005252643
We examine the effect of non-zero, long-run foreign asset positions on consumption dynamics in response to productivity shocks in a two-country, dynamic, general equilibrium model, with different discount factors across countries populated by overlapping generations of households. We then...
Persistent link: https://www.econbiz.de/10005264054