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The Republic of Estonia’s 2007 Article IV Consultation reports that surging domestic demand has widened the external …
Persistent link: https://www.econbiz.de/10014404643
Estonia’s commitment to free markets and prudent financial policies has paid off handsomely. Demand pressures and rapid …. Estonia’s economic growth has supported—and been supported by—rapid credit growth, financed increasingly by resource transfers …
Persistent link: https://www.econbiz.de/10014404702
The staff report for the 2005 Article IV Consultation on the Republic of Estonia focuses on the economic outlook and … risks. Robust economic growth continues, largely driven by domestic demand. Estonia has achieved significant nominal … convergence; meeting all of the Maastricht criteria, save for inflation. Estonia’s banking system remains financially sound, with …
Persistent link: https://www.econbiz.de/10014406230
This 2008 Article IV Consultation highlights that the economy of Estonia is now experiencing its most severe recession …
Persistent link: https://www.econbiz.de/10014406739
In this study, the economic development and growth of San Marino are discussed. For liquidity management, the Central Bank of San Marino was commended. Different measures have been taken to enhance the operational autonomy of the Central Bank of San Marino (CBSM), buttress supervisory functions,...
Persistent link: https://www.econbiz.de/10014401403
The economy is emerging from a deep recession. The downturn has, however, exacerbated the unemployment problem. The authorities and IMF staff agreed that the recession represents a permanent loss of potential output and lower potential growth. Relatively sound fiscal policies in the pre-crisis...
Persistent link: https://www.econbiz.de/10014401406
The Republic of the Marshall Islands (RMI), scattered across an area of nearly 1 million square miles in the Central Pacific, is heavily dependent on external grants. As in past consultations, the current discussions have focused on policies to put public finances on a secure footing and improve...
Persistent link: https://www.econbiz.de/10014401778
A credible framework for macroeconomic policy, strong policy response, and resilient financial system have enabled Canada to exit the global crisis on a strong footing. Executive Directors encouraged authorities to maintain their prudent and far-sighted policies while strengthening productivity...
Persistent link: https://www.econbiz.de/10014401889
Kazakhstan’s financial system remains highly stressed despite large-scale government support; the economy is expected to contract in the near future. The staff report for Kazakhstan’s 2009 Article IV Consultation discusses economic developments and policies. Kazakhstan is better placed than...
Persistent link: https://www.econbiz.de/10014402192
Indonesia’s growth in 2009 was four and a half percent, the third highest in the G-20 group of countries; and the pace is accelerating in 2010. Both push and pull factors have attracted large portfolio inflows, particularly into government bonds and Short-term Bank Indonesia certificates...
Persistent link: https://www.econbiz.de/10014402316