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vorgenommenen gesetzgeberischen und sonstigen Maßnahmen, die zur Mitgliedschaft im IMF berechtigen sowie den Armenien zustehenden …
Persistent link: https://www.econbiz.de/10000325027
This 2008 Article IV Consultation highlights that Armenia’s recent economic performance has remained strong, and the …
Persistent link: https://www.econbiz.de/10014401932
The Armenian economy suffered a major setback during the global crisis. Recent macroeconomic developments are encouraging, despite inflation pressures. The fiscal policy strategy appropriately addresses medium-term fiscal and debt vulnerabilities. The monetary policy has been appropriate. The...
Persistent link: https://www.econbiz.de/10014402433
Economic activity appears to be recovering, underpinned by a strong policy response. Fiscal consolidation will be crucial to maintain debt sustainability and support the envisaged external adjustment over the medium term. Sound monetary and exchange rate policies are essential to maintain...
Persistent link: https://www.econbiz.de/10014403107
Armenia’s third review under the Stand-By Arrangement and its request for Waiver of Nonobservance of Performance …
Persistent link: https://www.econbiz.de/10014403138
, marked the beginning of a new macroeconomic framework in Armenia, which is likely to have changed the effectiveness of … monetary policy. This paper is the first attempt to analyze whether the transmission mechanism in Armenia has been subject to a …
Persistent link: https://www.econbiz.de/10014403230
This Selected Issues paper for the Republic of Armenia shows that building up fiscal space during economic expansions … is crucial for the effective implementation of stimulatory policies during downturns. Armenia’s tax revenue remains one …
Persistent link: https://www.econbiz.de/10014403389
Although Armenia itself has a population of only about 3 million, an estimated 8 million Armenians live abroad. In this … paper, the size and the sources of remittances to Armenia are first discussed. Then, the appropriate definition of … remittances and subsequently present estimates of the macroeconomic effects of remittances to Armenia are outlined. Remittances …
Persistent link: https://www.econbiz.de/10014404750
Armenia’s economy continues to perform strongly. Prudent fiscal and monetary policies and ongoing structural reforms …
Persistent link: https://www.econbiz.de/10014404751
This paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility for Armenia …. Armenia’s economy performs strongly. All end-December 2006 quantitative and all but one structural performance criteria were …
Persistent link: https://www.econbiz.de/10014405062