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Sweden; 2004 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

International Monetary Fund (IMF); International … - 2004

This 2004 Article IV Consultation highlights that the downturn experienced by the Swedish economy in 2002â€“03 was relatively mild, with growth remaining well above the European Union average. Expansionary fiscal policy in 2002 underpinned private consumption. Private investment, however,...

Persistent link: https://www.econbiz.de/10005825539

Norway; 2005 Article IV Consultationâ€”Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Norw...

International Monetary Fund (IMF); International … - 2005

This 2005 Article IV Consultation highlights that Norwayâ€™s real mainland GDP growth rebounded strongly in 2004, after a slowdown that began in late 2002. Very supportive monetary conditions, high oil prices, rising housing prices, strengthening consumer and business confidence, and an...

Persistent link: https://www.econbiz.de/10005825554

Tunisia's Experience with Real Exchange Rate Targeting and the Transition to a Flexible Exchange Rate Regime

International Monetary Fund (IMF); International … - 2002

Over the past decade or so, Tunisia has experienced a strong economic performance while pursuing a constant real exchange rate rule (CRERR). The limitations of this rule are now beginning to emerge in the context of a more open economy, regional integration, a more market-based monetary policy,...

Persistent link: https://www.econbiz.de/10005826081

The Coordination of Domestic Public Debt and Monetary Management in Economies in Transition; Issues and Lessons From Experience

International Monetary Fund (IMF); International … - 1994

In economies in transition, the development of financial markets is a common objective linking the monetary and fiscal authorities, while monetary and public debt management cannot be strictly separated. This calls for close coordination of objectives and instruments of monetary and debt...

Persistent link: https://www.econbiz.de/10005826151

Financial Sector Reform and Central Banking in Centrally Planned Economies

International Monetary Fund (IMF); International … - 1990

This paper reviews key areas of central banking reform in a sample of centrally planned economies undergoing transition to market-based systems. The discussion draws mainly on the experiences of four countries, Hungary, Poland, Czechoslovakia, and China. Significant efforts have been made, or...

Persistent link: https://www.econbiz.de/10005826233

Inflation Targeting Lite' in Small Open Economies; The Case of Mauritius

International Monetary Fund (IMF); International … - 2005

's experience with 'inflation targeting lite' as described in Stone (2003). It finds that this monetary policy regime has been … associated with a general reduction in inflation, principally through a reduction in inflation expectations. The credibility the … Bank of Mauritius has established with its 'inflation targeting lite' regime has allowed it to shift from an emphasis on …

Persistent link: https://www.econbiz.de/10005826499

Financial Sector Reforms and Monetary Policy

International Monetary Fund (IMF); International … - 1991

In recent years a number of countries have undertaken far-reaching reforms of their financial sectors. Generally speaking, financial sector reforms aim at achieving greater flexibility of interest rates, an enhanced role for market forces in credit allocation, increased independence for the...

Persistent link: https://www.econbiz.de/10005826634

The Payments Systems Reforms and Monetary Policy in Emerging Market Economies in Central and Eastern Europe

International Monetary Fund (IMF); International … - 1994

The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...

Persistent link: https://www.econbiz.de/10005826638

Inflation Responses to Commodity Price Shocks; How and Why Do Countries Differ?

International Monetary Fund (IMF); International … - 2012

higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience … scores seem to have contained the impact of these shocks better. The effect of the presence of inflation targeting regimes … inflation responds to international commodity price shocks. …

Persistent link: https://www.econbiz.de/10011242416

Brazil: Selected Issues

International Monetary Fund (IMF); International … - 2013

inflation since 2010 have led to a reevaluation of Brazilâ€™s long-term potential growth rate. Growth accounting suggests that …

Persistent link: https://www.econbiz.de/10011242465