Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10004095956
Economic developments and growth of Jamaica are discussed in this paper. Despite the good performance under the program through end-September, mounting spending pressures and delays in some fiscal reforms have required the adoption of corrective measures by the authorities. The authorities...
Persistent link: https://www.econbiz.de/10011244977
This paper focuses on Lebanon’s performance under the program supported by emergency post-conflict assistance. The end-March quantitative target on international reserves was met with a wide margin. While the primary balance target was also met, the program ceiling on net government...
Persistent link: https://www.econbiz.de/10011245473
This paper asks 1) whether reliance on Eurobond financing over the medium term is consistent with sound debt management … policy and 2) whether Macedonia can reasonably expect Eurobond borrowing costs to fall in the future. The main conclusions … are that Eurobond financing appears justified in the near term but over a longer horizon, the country should seek to …
Persistent link: https://www.econbiz.de/10011245543
This 2004 Article IV Consultation highlights that economic activity has been gathering speed in Estonia. Year-over-year growth accelerated to 6.8 percent in 2004 Q1 from 5.8 percent in 2003 Q1, driven by domestic demand and supported by technology sector exports. Inflation accelerated in the...
Persistent link: https://www.econbiz.de/10005824961
This study characterizes volatility dynamics in external emerging bond markets and examines how prices and volatility respond to news about macroeconomic fundamentals. As in mature bond markets, macroeconomic surprises in external emerging bond markets are found to a¤ect both conditional...
Persistent link: https://www.econbiz.de/10008528627
This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, discussing some of the unique characteristics of the Baltics, such as leasing; and comparing the...
Persistent link: https://www.econbiz.de/10005591529
Economic activity is weak, but showing incipient signs of a recovery. Domestic financial markets remain stable and the growth outlook has improved. Better prospects for agriculture, mining and quarrying, and construction are expected to increase growth. Macroeconomic performance under the...
Persistent link: https://www.econbiz.de/10011242697
This paper discusses how financial innovation turned U.S. mortgages into an asset class with worldwide investor appeal. It suggests that U.S. financial markets have been skilful in developing tools that have helped households exploit favorable global financing conditions to boost home ownership...
Persistent link: https://www.econbiz.de/10011242944
This report reviews Lebanon’s performance under the program supported by emergency post-conflict assistance. The 2007 program is broadly on track. Despite a difficult political environment, all end-September targets were met, except for the monitorable action on raising gasoline excises....
Persistent link: https://www.econbiz.de/10011243604