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serve both the redistributive and growth-enhancing objectives of poverty reduction policies. The current state of housing …
Persistent link: https://www.econbiz.de/10005825998
This paper leverages the IMF’s Financial Access Survey (FAS) database to construct a new composite index of financial … composite index uses factor analysis to derive a weighting methodology whose absence has been the most persistent of the … criticisms of previous indices. Countries are then ranked based on the new composite index, providing an additional analytical …
Persistent link: https://www.econbiz.de/10011142035
The goal of this paper is to assess the effectiveness of the policy measures taken by Canadian authorities to address the housing boom. We find that the the last three rounds of macroprudential policies implemented since 2010 were associated with lower mortgage credit growth and house price...
Persistent link: https://www.econbiz.de/10011123836
This 2006 Article IV Consultation highlights that with generally prudent macroeconomic policies, Namibia has enjoyed robust growth, moderate inflation, and strong external surpluses. Growth is expected to increase to 4½ percent in 2006, after 4¼ percent in 2005, owing in part to a recovery...
Persistent link: https://www.econbiz.de/10011244194
accomplishments and shortcomings of the past year, focusing on outcomes rather than inputs. It points to evidence of continued poverty … presents an updated description of the dynamics of poverty and inequality in Moldova. …
Persistent link: https://www.econbiz.de/10011244213
Efficiency and equity reasons suggest placing a high priority on ensuring that fiscal policy is on a sustainable path. This chapter has sought to estimate the sustainable long-term non-oil primary deficit and the optimal adjustment path toward that level. The banks’ inability to monitor...
Persistent link: https://www.econbiz.de/10011244307
This Joint Staff Advisory Note (JSAN) highlights the Poverty Reduction Strategy Paper–Country Development Strategy … experience from the National Poverty Reduction Strategy (NPRS). This JSAN provides advice on key priorities for strengthening the … strategy and promoting the effective implementation of CDS. It reviews poverty trends, macroeconomic and sectoral policies in …
Persistent link: https://www.econbiz.de/10011244317
The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private sector. High import content, particularly from public infrastructure...
Persistent link: https://www.econbiz.de/10011244336
Mauritania achieved substantial progress owing to its macroeconomic policies, budget formulation, governance, and transparency under the economic program. Executive Directors commended the program and emphasized the need for tight fiscal and monetary policies. Directors noted the implementation...
Persistent link: https://www.econbiz.de/10011244743
The Union of the Comoros’s Interim Poverty Reduction Strategy (PRGS) paper reports that the government⠅
Persistent link: https://www.econbiz.de/10011244800