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Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions
International Monetary Fund - 1999
surplus as a proportion of GDP and the ratio of government consumption to GDP—are important determinants of private savings …
Persistent link: https://www.econbiz.de/10014400163
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New Growth Drivers for Low-Income Countries : The Role of the BRICs
International Monetary Fund - 2011
The emergence of BRICs-Brazil, Russia, India, and China-is reshaping low-income countries' (LICs) international … rapidly over the past decade that BRICs have become new growth drivers for LICs. Trade with BRICs is already close to half of … volumes compared with those from advanced countries. Beyond the increased flows of goods and capital, BRICs have brought new …
Persistent link: https://www.econbiz.de/10014410305
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Investment; Specific Technology Shocks and International Business Cycles: An Empirical Assessment
International Monetary Fund (IMF); International … - 2010
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
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Republic of Belarus; Statistical Appendix
International Monetary Fund (IMF); International … - 2007
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/10011244613
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Pakistan's Macroeconomic Adjustment and Resumption of Growth, 1999-2004
International Monetary Fund (IMF); International … - 2005
The main findings are as follows: (1) an increase in private national saving during 2001-03 was the key contributor to the turnaround in Pakistan's external current account during this period; (2) while Pakistan's growth was mainly export-led before 2003-04, it was largely led by domestic demand...
Persistent link: https://www.econbiz.de/10005599417
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Spillovers Through Banking Centers : A Panel Data Analysis
International Monetary Fund - 2000
To test the role of bank lending in transmitting currency crisis we examine a panel of BIS data on bank flows to 30 …
Persistent link: https://www.econbiz.de/10014399830
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Bulgaria; Selected Issues
International Monetary Fund (IMF); International … - 2010
Bulgaria’s potential output growth in future could be markedly lower, and it may take considerable time for the excess labor and resources to be absorbed by other sectors, in particular by the export sector. This suggests that the natural level of rate of unemployment will rise and remain...
Persistent link: https://www.econbiz.de/10011245182
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India; 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India
International Monetary Fund (IMF); International … - 2011
In this study, economic developments of India are discussed. Growth is among the fastest-growing in the world, social indicators are improving, and medium-term economic prospects are favorable. The Reserve Bank of India’s (RBI) efforts are used to tighten monetary conditions. The measures...
Persistent link: https://www.econbiz.de/10011243216
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Papua New Guinea; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper on Papua New Guinea reports that although economic cycles have generally paralleled the many mineral sector booms and busts, the downward trend in growth rates may reflect other factors. Papua New Guinea’s economy is dominated by a large labor-intensive...
Persistent link: https://www.econbiz.de/10011243726
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Pakistan; 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Paki...
International Monetary Fund (IMF); International … - 2008
Pakistan’s economy continued to perform strongly owing to sound macroeconomic management and structural reform. Executive Directors advised that tight fiscal and monetary policies are required to reduce inflation and the external current account deficit while lessening pressures on real...
Persistent link: https://www.econbiz.de/10011244011