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remained well below the levels reached after earlier recessions. The housing market has cooled, owing in part to macro …
Persistent link: https://www.econbiz.de/10011244749
This Selected Issues paper examines the housing market in Israel. Property prices in Israel are currently about 25 … price-to-rent ratios are well above their equilibrium value. The risk of a sharp correction in housing pricesâ …
Persistent link: https://www.econbiz.de/10011245181
The IMF staff report for the 2013 Article IV Consultation focuses on Malaysia’s economic developments and policies. The IMF report discusses that continued growth in domestic demand, especially investment, and a pickup in external demand should help maintain robust growth going forward...
Persistent link: https://www.econbiz.de/10011245217
This 2013 Article IV Consultation highlights that Peru’s economy continues to be a leader in high growth and low inflation in the region, which has been achieved through a prudent macroeconomic policy implementation, a far-reaching structural reform agenda and taking advantage of the...
Persistent link: https://www.econbiz.de/10011245344
This 2013 Article IV Consultation highlights that the Australian economy has performed well relative to many other advanced economies since the global financial crisis. A transition phase has now been reached as the terms of trade-driven mining investment boom of the past decade has peaked, and...
Persistent link: https://www.econbiz.de/10011245390
on a recovery in productivity growth and further demand rebalancing. The housing market brings risks of financial … to deal with financial stability risks from the housing market. ? The authorities have recently implemented … primary defense against housing-related risks. They should stand ready to tighten these limits should current settings prove …
Persistent link: https://www.econbiz.de/10011245420
The Belarus authorities are moving in the direction of a flexible exchange rate system supported by an inflation-targeting (IT) regime, which would have significant benefits for the economy. A full-fledged IT framework (FFIT) requires a number of essential building blocks, which could be viewed...
Persistent link: https://www.econbiz.de/10011245478
This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that potential growth is probably lower than was...
Persistent link: https://www.econbiz.de/10011242465
This 2013 Article IV Consultation highlights that growth in Uruguay has moderated to a more sustainable pace since 2012, mostly owing to weaker external demand. Real GDP growth is projected at 4 percent in 2013 and 3.5 percent in 2014. Fiscal policy loosened in 2012 and is set to remain slightly...
Persistent link: https://www.econbiz.de/10011242539
New Zealand’s economy continued to grow at a moderate rate, in part reflecting the effects of the recent drought and inflation. The macroeconomic policy has been framed to absorb adverse shocks with flexible exchange rates to serve as buffer. The planned pace of deficit reduction is...
Persistent link: https://www.econbiz.de/10011242832