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Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and needs strengthening, notably through the adoption of a fiscal rule and the...
Persistent link: https://www.econbiz.de/10005252643
This Selected Issues paper and Statistical Appendix reviews Samoa’s record of economic reform, its economic performance to date, and future areas of reform focus. The paper highlights that reform of the taxation system has reduced Samoa’s dependence on international trade taxes and...
Persistent link: https://www.econbiz.de/10005591104
This paper discusses key findings of the Ex Post Assessment of Longer-Term Program Engagement for Madagascar. The paper focuses on performance during the programs supported by the 1989 and 1996 Enhanced Structural Adjustment Facility programs, and the 2001 Poverty Reduction and Growth Facility....
Persistent link: https://www.econbiz.de/10005598878
The Mauritian economy showed strong performance owing to its sound macroeconomic policies. Executive Directors emphasized the need to remain competitive and address the growing unemployment problem. They commended the efforts to support the developments in financial services, free port...
Persistent link: https://www.econbiz.de/10005599096
This Selected Issues paper and Statistical Annex for Mali examines recent economic developments in Mali. The paper highlights that since the early 1990s, Mali has made appreciable progress in reducing macroeconomic imbalances and liberalizing the economy. This has been made possible by...
Persistent link: https://www.econbiz.de/10005599119
Just as uncertainty associated with COVID-19 pandemic was abating, Russia invaded Ukraine. Uncertainty endured, shifting from pandemic to war, affecting all countries but in different ways. Above-target inflation rates and inflation surprises have helped reducing debt-to-GDP ratios but such...
Persistent link: https://www.econbiz.de/10015060565
Persistent link: https://www.econbiz.de/10011244338
KEY ISSUES Context: ? Germany fundamentals are sound: balance sheets are generally healthy, unemployment is at a … uncertainty (including about future energy costs), and fast approaching adverse demographic changes. ? Germany could do more to … increase its growth, thus strengthening its role as an engine of euro area recovery. Policy recommendations: ? Germany has the …
Persistent link: https://www.econbiz.de/10011245837
This 2013 Article IV Consultation highlights that Germany’s economic rebound of 2010–11 gave way to weakening momentum during the course of 2012. Although exports to non-European trading partners began to recover by mid-2012, in line with improved prospects in the United States and...
Persistent link: https://www.econbiz.de/10011244067
Germany’s economic growth and recovery from the global crisis are explained in this study. Tax, education, and … innovation policies are specific measures supported by the authorities. External and financial shocks received by Germany and … other outward spillovers are outlined. Germany has a high current account and international assets. From a long …
Persistent link: https://www.econbiz.de/10014399041