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This selected issues paper on Indonesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on August 21, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011243208
Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with many countries … experiencing rates of 20 percent or more. Inflation rates of this magnitude have significant adverse effects on the financial … strongly to monetary expansion as a major cause of inflation in African countries generally. Exchange rate depreciation is also …
Persistent link: https://www.econbiz.de/10014396012
Persistent link: https://www.econbiz.de/10009504203
inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that … implementation of the infrastructure investment program, higher domestic saving, and structural reforms. …
Persistent link: https://www.econbiz.de/10011242465
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We …
Persistent link: https://www.econbiz.de/10008528670
Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will belarger than that of the United States. This pamphlet analyzes the reasonsfor the...
Persistent link: https://www.econbiz.de/10014403126
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
consumption and private investment, took growth up to 4.4 percent. The fiscal accounts improved in 2004 on the strength of rising …
Persistent link: https://www.econbiz.de/10005767398
Honduras’s Third Review under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria are discussed. The current stance of monetary and exchange rate policies are broadly appropriate, and financial sector reforms are proceeding. Progress...
Persistent link: https://www.econbiz.de/10005824978
inflation rate has risen, reflecting the gradual closing of the output gap and the second-round effects of higher energy prices … rates, and further increases will likely be needed, depending on developments in inflation and the closing of the output gap. …
Persistent link: https://www.econbiz.de/10005825461