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This Selected Issues paper analyzes the unconventional energy boom in North America, and its macroeconomic implications and challenges for Canada. The unconventional energy boom has had significant positive effects on Canada’s economic activity and has the potential to contribute even...
Persistent link: https://www.econbiz.de/10011242669
Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including …Part I. The frontiers of monetary policymaking. 1. An overview of inflation-forecast targeting -- Part II. Principles … and practices of inflation-forecast targeting. 2. First principles -- 3. Managing expectations -- 4. Nuts and bolts of a …
Persistent link: https://www.econbiz.de/10011874333
This paper reviews the long-term growth performance of the major industrial countries and discusses some of the many factors that have been identified as possible sources of the marked slowdown in growth since the early 1970s. According to the view of different demographic developments across...
Persistent link: https://www.econbiz.de/10014400806
This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our simulations indicate a strong rise in pension expenditure over the next half century, as is the case in other industrialized countries. In Belgium, the problem is particularly acute in...
Persistent link: https://www.econbiz.de/10014396528
This paper analyzes the main conceptual issues that arise in assessing external sustainability with a view toward developing operational criteria for the purposes of multilateral surveillance. The main contribution of the analysis is to show how conditional forecasts of external imbalance may be...
Persistent link: https://www.econbiz.de/10014396367
Am 3. Januar 1992 stellte der Präsident der russischen Föderation den offiziellen Antrag auf Aufnahme in den IMF und die Weltbankgruppe. Bereits seit November 1991 besuchten IMF-Experten Moskau, um mit den russischen Behörden die Wirtschaftspolitik zu besprechen, eine fundierte...
Persistent link: https://www.econbiz.de/10000323678
A joint IMF-World Bank mission visited the Russian Federation from March 15 to 31, 2016, to conduct an assessment under the Financial Sector Assessment Program (FSAP). The mission assessed financial sector risks and vulnerabilities, assessed the quality of financial sector supervision, and...
Persistent link: https://www.econbiz.de/10012644832
. In the case of Russia, the main objective of insurance supervision is to ensure that insurers fully comply with core …
Persistent link: https://www.econbiz.de/10012644833
The overall state of financial inclusion in Russia is relatively advanced along certain basic metrics. The number of … increases experienced across all segments of the population, including for the poorest 40 percent and for women.1 Russia also …
Persistent link: https://www.econbiz.de/10012644834
well as responses to a questionnaire sent out in advance were provided by the Central Bank of Russia (CBR) before and … the sector will lead to a better performing insurance market.In the case of Russia, the main objective of insurance …
Persistent link: https://www.econbiz.de/10012644836