Showing 1 - 10 of 109
improve macroeconomic performance, enabling Suriname to enjoy several recent upgrades from major ratings agencies. With gold …
Persistent link: https://www.econbiz.de/10011244343
This paper first attempts to quantify the natural resource wealth of Suriname from the perspective of its impact on the …
Persistent link: https://www.econbiz.de/10010800972
The economy continues to recover at a steady pace, buoyed by strong activity in the oil and gold sectors, as well as public investment. In the wake of the January 2011 devaluation and concurrent increase in taxes, the fiscal balance shifted from a deficit of 3 percent of GDP in 2010 to a surplus...
Persistent link: https://www.econbiz.de/10011242538
activity in Suriname. The estimates are broadly consistent with prior empirical findings. The results reveal a strong …
Persistent link: https://www.econbiz.de/10011242836
This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most … economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses … to construct a monthly indicator of economic activity for Suriname. The indicator provides information about the pace of …
Persistent link: https://www.econbiz.de/10011243069
This 2014 Article IV Consultation highlights that Suriname’s macroeconomic conditions weakened in 2013 as gold and oil prices declined. With those prices falling below recent peaks, the large fiscal and external sector exposures to the mineral sector continued their deterioration in 2013,...
Persistent link: https://www.econbiz.de/10011243158
Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external environment. Growth has exceeded expectations, unemployment has reached record lows, and poverty has continued to fall, while economic vulnerabilities have been significantly...
Persistent link: https://www.econbiz.de/10011244582
The recent global financial crisis has exposed the limitations of a conventional inflation targeting framework in insulating an economy from all shocks, and demonstrated that its rigid application may aggravate the effect of shocks on output and inflation. Possible refinements to the inflation...
Persistent link: https://www.econbiz.de/10011244762
Sound policies and favorable external conditions have led to a strong economic recovery, but important challenges lie ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation in the wake of vigorous growth and capital...
Persistent link: https://www.econbiz.de/10011244819
This paper presents the staff report for Peru’s 2008 Article IV Consultation, Fourth Review and Inflation Consultation under the Stand-By Arrangement and request for waiver of applicability of performance criteria. Peru has been liberalizing external trade through tariff reductions in...
Persistent link: https://www.econbiz.de/10011244871