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significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …
Persistent link: https://www.econbiz.de/10005824903
Efforts to liberalize world trade are increasingly focusing on strengthening the links between low-income countries’ trade policies and their development strategies. However, although greater trade openness promises faster growth for poor countries, it also presents risks to those with small...
Persistent link: https://www.econbiz.de/10014411036
The report gives details of the economic analysis for the implementation of Chile's inflation targeting framework. It reviews the current state of liquidity in the Chilean fixed-income markets and developments and impediments to the supply of corporate bonds to the market. The paper considers a...
Persistent link: https://www.econbiz.de/10011244929
Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national currency with the euro, but can choose when to request...
Persistent link: https://www.econbiz.de/10005767345
In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international real business cycle model and show that a thoughtful calibration of them along the lines of Raffo (2009) successfully addresses the "quantity", "international comovement",...
Persistent link: https://www.econbiz.de/10008671290
Persistent link: https://www.econbiz.de/10004301357
KEY ISSUES Context. Economic performance has improved over the last year. The recovery is taking hold, although domestic activity remains weak, in part constrained by weak banks and inefficient state-owned enterprises (SOEs). Inflation has declined, the current account remains in large surplus,...
Persistent link: https://www.econbiz.de/10011243354
Real GDP growth slowed somewhat to 5.3 percent in 2009, its slowest pace since 2000, though Vietnam was among the … through prudent policies and better communications. Over the medium term, Vietnam needs to implement fiscal consolidation with …
Persistent link: https://www.econbiz.de/10014405912
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014405931
This 2004 Article IV Consultation highlights that the three-year Poverty Reduction and Growth Facility arrangement for … Vietnam expired in April 2004. During the arrangement, Vietnam maintained strong economic growth and low inflation, and … achieved further poverty reduction, supported by favorable macroeconomic conditions and increasing integration with the world …
Persistent link: https://www.econbiz.de/10014405980