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This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of … of oil shocks on the merchandise trade balance and the current account, which depending on the source of the shock can be …
Persistent link: https://www.econbiz.de/10014401265
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living …-cyclical. Within the Asia-Pacific small states group, the micro states are subject to more vulnerability and macroeconomic volatility … than the rest of the Asia-Pacific small states …
Persistent link: https://www.econbiz.de/10014410680
This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment to sustain activity is raising vulnerabilities. The...
Persistent link: https://www.econbiz.de/10011244201
floods, with real GDP growing by 6.5 percent. Private consumption rose 6.7 percent, reflecting pent-up demand and government … investment grew by 14.4 percent. With growth driven by domestic demand, the current account surplus is expected to reach a small …
Persistent link: https://www.econbiz.de/10011243217
Although Sweden has recovered from the financial crisis, authorities have already initiated exit measures from crisis response policies. The Financial Sector Assessment Program (FSAP) Update undertook a financial stability analysis of the banking sector, including a comprehensive stress-testing...
Persistent link: https://www.econbiz.de/10011244366
cooperative banks in Cyprus. Credit risk appears as the main source of risk in the banking sector, with demand for real estate …
Persistent link: https://www.econbiz.de/10011245527
This Selected Issues paper for the Philippines has been prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. Spillovers have been particularly prominent for countries with financial systems with high...
Persistent link: https://www.econbiz.de/10011243175
This Selected Issues paper analyzes euro area policies and discusses the implications of the 2007–08 financial sector turbulence for real economic activity. It examines the linkages between the financial and real sectors in the euro area. The paper discusses the European Central...
Persistent link: https://www.econbiz.de/10011243237
This Selected Issues and Statistical Appendix Paper look at the global spillovers to the United Arab Emirates (UAE) financial system. It finds an uneven degree of spillovers to different segments of the UAE financial system. Regarding domestic equity markets, the combined market capitalization...
Persistent link: https://www.econbiz.de/10011244046
countries. In Asia’s export-dependent economies, this entails relying more on private domestic demand as a driver of growth …
Persistent link: https://www.econbiz.de/10008839325