The note gives statistical data on Aruba with regard to indicators of tourism activity, components of GDP, real GDP, contributions to real GDP, growth, changes in consumer price index, and legal minimum wages. The statistical data of operations of the central government, operational budget of...

This paper documents two aspects of Canada’s regional diversity and compares the results with those across U.S. regions. Although gradually converging, Canadian provinces exhibit a considerably diverse economic structure. The paper suggests that the reduction in macroeconomic volatility...

This Selected Issues paper on Bulgaria investigates possible driving forces behind the investment boom based on cross-country evidence. The diagnosis of the drivers behind the investment boom is important as it is key to assessing Bulgaria’s economic prospects, vulnerabilities, and policy...

The statistical data on indicators of tourism activity, gross domestic product (GDP) and components, real GDP, contributions to real GDP growth, changes in consumer price index and legal minimum wages in Aruba are detailed. Summary of trends in public finance, tax revenue, operational budget of...

This Selected Issues paper assesses the economic recovery in Estonia that began in 1994 and accelerated in 1995, highlighting the extent to which the pattern of production has changed since the beginning of the transition in 1992, the factors that made the decline in output inevitable early on,...

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.

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...

The 2006 Article IV Consultation on the Republic of Tajikistan explains political and economic developments. Although Tajikistan’s external debt profile has improved significantly, total public and publicly guaranteed debt is projected to increase significantly, mainly because of large...

This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government’s...

This 2007 Article IV Consultation highlights that effective economic management and an outward-oriented development strategy have contributed to placing Tunisia’s economic performance over the past decade among the best in the region. Real GDP growth accelerated from 4 percent in 2005 to...