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This paper analyzes the exchange rate pass-through to domestic prices and its determinants in sub-Saharan African countries. It finds that the pass-through is incomplete. The pass-through is larger following a depreciation than after an appreciation of the local currency. The average elasticity...
Persistent link: https://www.econbiz.de/10010790331
PPP projects. Possible measures to help PPPs during the crisis include contract extensions, output-based subsidies …
Persistent link: https://www.econbiz.de/10008528703
This 2013 Article IV Consultation highlights that recent economic developments in Myanmar have been positive. Growth is estimated to have risen to 6½ percent in FY2012/13 (April–May), driven by gas production, construction and services while inflation climbed to 4.7 percent in March...
Persistent link: https://www.econbiz.de/10011244604
The IMF has approved an exceptional access Stand-By Arrangement for Latvia. The program is part of a coordinated international effort that has improved financial and economic stability. By early 2008, the fast growth has leveled off but severe vulnerabilities turned the slowdown into a crisis....
Persistent link: https://www.econbiz.de/10011244780
The report discusses the important role of the Flexible Credit Line (FCL) in helping Mexico to survive in the fragile … global economic environment. The FCL’s contribution in maintaining an orderly financial market in Mexico is noteworthy. IMF … staff reaffirms their commitment toward Mexico in taking the necessary actions to manage unforeseen risks. According to the …
Persistent link: https://www.econbiz.de/10011242587
buffer against risks that erupted during the global economic crisis. Mexico has been identified as a prudent and fairly well …
Persistent link: https://www.econbiz.de/10011242784
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from …
Persistent link: https://www.econbiz.de/10011243318
arrangement for Mexico, subject to the Board’s assessment in the context of the 2013 Article IV consultation. …
Persistent link: https://www.econbiz.de/10011243417
This Selected Issues paper analyzes reforms to Mexico’s fiscal framework. Mexico’s resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated with long-term budget pressures. In the short term, reducing public...
Persistent link: https://www.econbiz.de/10011243718
This paper discusses Mexico’s Request for Arrangement Under the Flexible Credit Line (FCL) and Cancellation of the Current Arrangement. Mexico’s macroeconomic policies and policy frameworks remain very strong. Real GDP growth is projected to accelerate to 3.5 percent in 2015. The...
Persistent link: https://www.econbiz.de/10011244086