Narrow search
Showing 1 - 10 of 986
Cover Image
Money Versus Credit in the Determination of Output for Small Open Economies
International Monetary Fund - 1989
It is well known that in a small open economy where there is perfect substitutability between domestic and foreign assets and costless portfolio adjustment, the monetary authorities cannot control the money supply, but can influence the balance of payments through the use of domestic credit. It...
Persistent link: https://www.econbiz.de/10014395792
Cover Image
Ukraine; Selected Issues
International Monetary Fund (IMF); International … - 2003
This Selected Issues paper examines the main factors explaining Ukraine’s growth performance so far, assesses whether the recent recovery is sustainable, and provides a quantitative analysis of long-term growth prospects. It finds that the recent recovery is not yet self-sustaining and...
Persistent link: https://www.econbiz.de/10005824979
Cover Image
Lithuania; Recent Economic Developments
International Monetary Fund (IMF); International … - 1996
This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial sector, while agriculture performed poorly. The...
Persistent link: https://www.econbiz.de/10005825020
Cover Image
Canada; 2006 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2006
Canada’s macroeconomic and policy performance has continued to outshine most other industrial countries, and its outlook remains favorable. The new government has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives. The new...
Persistent link: https://www.econbiz.de/10011243614
Cover Image
Global Food Price Inflation and Policy Responses in Central Asia
International Monetary Fund - 2012
This paper examines the implications of elevated global food prices for inflation in select Central Asian economies … - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant … short-run effects that build over time. Inflation outcomes simulated under alternative global wheat price assumptions …
Persistent link: https://www.econbiz.de/10014396909
Cover Image
Fiscal and Monetary Anchors for Price Stability : Evidence From Sub-Saharan Africa
International Monetary Fund - 2008
sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries … of inflation variability, as predicted by the fiscal theory of the price level …
Persistent link: https://www.econbiz.de/10014401393
Cover Image
World Economic Outlook, October 1999 : Safeguarding Macroeconomci Stability at Low Inflation
International Monetary Fund - 1999
Supporting Studies for the World Economic Outlook, prepared by IMF staff, provide a more detailed analysis of issues recently covered in the main pubication. The current edition includes studies of globalization and growth, the future of the international financial system, currency crises,...
Persistent link: https://www.econbiz.de/10014404467
Cover Image
Inflation Dynamics in Kazakstan
International Monetary Fund - 1995
variability over a prolonged period of time, against a background of high inflation. Convergence toward international relative and …
Persistent link: https://www.econbiz.de/10014398244
Cover Image
Equilibrium in a Non-Interest Open Economy
International Monetary Fund - 1988
This paper analyzes an economy in which there are no interest-bearing assets, only equity shares. Equilibrium conditions are derived for the case of a closed economy, an open economy with trade in goods only, and finally one with trade in both goods and equity shares. It is shown that the rate...
Persistent link: https://www.econbiz.de/10014395912
Cover Image
Dynamics of Devaluation and ""Equivalent"" Fiscal Policies for a Small Open Economy
International Monetary Fund - 1989
In pursuing a steady-state reserve target, policymakers in small open economies can resort to devaluation or to temporary increases in public saving. This paper contrasts the dynamic implications of these alternative policies in a model with optimizing agents who possess perfect foresight. In...
Persistent link: https://www.econbiz.de/10014395937