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The condition of banking systems in developing countries strongly influences the design and effectiveness of economic adjustment policies. Bank portfolio weakness can limit the flexibility of interest rate policy, the scope of financial reforms, and the conduct of monetary and fiscal policy....
Persistent link: https://www.econbiz.de/10014402938
A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy,...
Persistent link: https://www.econbiz.de/10014395809
Persistent link: https://www.econbiz.de/10014409725
This paper aims to widen the lens through which surveillance is conducted in LICs, to better account for the interplay between financial deepening and macro-financial stability as called for in the 2011 Triennial Surveillance Review. Reflecting the inherent risk-return tradeoffs associated with...
Persistent link: https://www.econbiz.de/10014410538
The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and … exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output …
Persistent link: https://www.econbiz.de/10014402701
NMPD in 2007/08. Botswana continues to peg the pula to a basket of the rand and the SDR in an effort to maintain a stable …
Persistent link: https://www.econbiz.de/10014404381
The Report on the Observance of Standards and Codes (ROSC)—Data Module provides an assessment of Botswana …
Persistent link: https://www.econbiz.de/10014404496
This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to … generate enough permanent revenue to support the current level of expenditure. Despite strong overall growth, in Botswana, a … pattern of dependence on diamond revenue and high unemployment persists. Botswana, as a typical small open economy, is closely …
Persistent link: https://www.econbiz.de/10014404558
This Selected Issues paper for Botswana highlights the macroeconomic impact of an effectively implemented National …
Persistent link: https://www.econbiz.de/10014404782
Botswana’s 2003 Article IV Consultation reports that Botswana’s core economic database is largely adequate for …
Persistent link: https://www.econbiz.de/10014404861