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the banking and insurance sectors of Belgium since 2006. The Belgian financial system is relatively large with solid … links between banks and the Belgian sovereign have intensified owing to the crisis, with total exposure of the banking … sector to the federal government at 10 percent of banking sector assets in mid-2012. …
Persistent link: https://www.econbiz.de/10011245209
The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries, its recovery has been sluggish. France has become a...
Persistent link: https://www.econbiz.de/10011244581
This 2008 Article IV Consultation highlights that Montenegro has made significant progress in overhauling its economy. The authorities have taken several welcomed steps to help strengthen financial sector stability. Executive Directors have welcomed the structural reforms implemented over the...
Persistent link: https://www.econbiz.de/10011244435
investment. Stress tests indicate that the banking system can withstand shocks. The macroeconomic policy mix is adequate, but …
Persistent link: https://www.econbiz.de/10011245561
toward meeting medium-term objectives. The banking system stabilized, the current account adjusted quickly, social arrears …
Persistent link: https://www.econbiz.de/10011245569
The macroeconomic goals of the first program year were largely met, although growth accelerated somewhat less than expected. Objectives for the second program year (FY2008) are to create conditions for higher growth and consolidate stabilization gains achieved so far. Monetary policy will focus...
Persistent link: https://www.econbiz.de/10011245829
This 2005 Article IV Consultation highlights that the Algerian economy continues to benefit from abundant and increasing hydrocarbon revenues. Real GDP growth is expected to continue at about 5 percent in 2005, led by increased output in the hydrocarbon sector and sustained activity in the...
Persistent link: https://www.econbiz.de/10005825061
The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkey’s...
Persistent link: https://www.econbiz.de/10005767368
This Selected Issues paper reviews Bangladesh’s recent growth experience and per capita income. The paper identifies several key impediments to growth, namely: poor governance; restrictive trade and regulatory regimes; and inadequate investment in human capital and physical infrastructure....
Persistent link: https://www.econbiz.de/10005591441
The staff report for the First Review Under the Poverty Reduction and Growth Facility (PRGF) Arrangement highlights Grenada’s economic performance in many respects. The time needed to address the unregulated bank, as well as fiscal slippages and the slow pace of structural reform, delayed...
Persistent link: https://www.econbiz.de/10011242547