Showing 1 - 10 of 196
Mauritania successfully completed its previous poverty reduction growth facility arrangement in December 2002. The focus of this report is on the effectiveness of policies adopted in the last few years and the medium-term strategy. Macroeconomic stability under the IMF-supported program and the...
Persistent link: https://www.econbiz.de/10005825038
Rwanda’s Second and Third Reviews under the Poverty Reduction and Growth Facility, and request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by IMF staff to have slowed to...
Persistent link: https://www.econbiz.de/10005825455
The staff report for the Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Georgia focuses on economic developments and policies. The fiscal situation deteriorated sharply in 2003, especially because of a weakening in expenditure management and in tax...
Persistent link: https://www.econbiz.de/10005591176
Persistent link: https://www.econbiz.de/10000543705
-looking monetary policy decisions. The bias is higher for countries whose monetary policy was more independent of Germany …
Persistent link: https://www.econbiz.de/10014400699
Market reaction to a change in official interest rates will depend on the extent to which the change is anticipated, and on how it is interpreted as a signal of future policy. In this paper, a technique is developed to separate the anticipated and unanticipated components of such changes and is...
Persistent link: https://www.econbiz.de/10014400820
The German economy has made major strides, helped by wide-ranging reforms. Greater transparency and stronger incentives for prudent action will support crisis prevention and management. The immediate priorities are preserving the integrity of the financial system and maintaining economic...
Persistent link: https://www.econbiz.de/10014401585
leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover … interactions appear to have increased over time. In the midst of a strong recovery, Germany is facing shortages of labor, the … emigration of high-skilled labor, and a reduction in immigration. Germany’s traditionally insider-dominated corporate governance …
Persistent link: https://www.econbiz.de/10014401906
Germany. Germany's focus on actual, rather than cyclically adjusted, fiscal goals and outcomes carries the risk of rendering …
Persistent link: https://www.econbiz.de/10014402356
economic environment and policies. Declining labor shares, wage moderation, and employment performance in Germany and the …
Persistent link: https://www.econbiz.de/10014402633