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Ensuring stable growth in the postcrisis world economy will require a rebalancing of economic activity in several countries. In Asia’s export-dependent economies, this entails relying more on private domestic demand as a driver of growth. While some countries need to raise consumption, several...
Persistent link: https://www.econbiz.de/10014402557
As a companion piece to the Board paper on Structural Reforms and Macroeconomic Performance: Initial Considerations for the Fund, this paper presents a selection of case studies on the structural reform experiences of member countries. These papers update the Board on work since the Triennial...
Persistent link: https://www.econbiz.de/10014408645
Persistent link: https://www.econbiz.de/10009582713
Over the past decade, Indonesia has developed into an important regional and global economy, as well as an active participant in the G20. The chapters in this book document the substantial improvements in the quality of macroeconomic policy that Indonesia has achieved, while also clearly laying...
Persistent link: https://www.econbiz.de/10014397052
Portugal’s 2008 Article IV Consultation highlights that Portugal’s financial system remains sound and well supervised …. Portugal has accumulated substantial macroeconomic imbalances, and the policy challenge is to smooth the adjustment, containing …
Persistent link: https://www.econbiz.de/10014403109
Portugal showed impressive economic performance owing to its macroeconomic policies and structural reforms. Executive …
Persistent link: https://www.econbiz.de/10014404489
Important progress can be seen in the economic and policy environment in Portugal, but challenges remain. Firm …
Persistent link: https://www.econbiz.de/10014404766
This 2009 Article IV Consultation highlights that the global economic crisis has severely affected the Portuguese economy. Output will likely contract by almost 3 percent in 2009, driven by sharp falls in exports and investment. Despite a substantial rise in unemployment to nearly 10 percent,...
Persistent link: https://www.econbiz.de/10014406617
This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable … evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but …. Portugal was an outstanding performer with double-digit productivity increases in large several high-tech industries. The …
Persistent link: https://www.econbiz.de/10014406754
The staff report for the 2005 Article IV Consultation on Portugal highlights economic developments and outlook. Private … conditions to restart Portugal’s per capita income convergence toward the euro area average as soon as possible …
Persistent link: https://www.econbiz.de/10014406755