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Bulgaria: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global...
Persistent link: https://www.econbiz.de/10011245618
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Shock from Graying; Is the Demographic Shift Weakening Monetary Policy Effectiveness
Imam, Patrick A. - International Monetary Fund (IMF) - 2013
Abstract Empirical evidence is mounting that, in advanced economies, changes in monetary policy have a more benign impact on the economy—given better anchored inflation expectations and inflation being less responsive to variation in unemployment—compared to the past. We examine another...
Persistent link: https://www.econbiz.de/10011242214
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Can Women Save Japan?
Steinberg, Chad; Nakane, Masato - International Monetary Fund (IMF) - 2012
Japan's potential growth rate is steadily falling with the aging of its population. This paper explores the extent to …
Persistent link: https://www.econbiz.de/10011142154
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Much Ado About Nothing? Estimating the Impact of a U.S. Slowdownon Thai Growth
Aiyar, Shekhar; Tchakarov, Ivan - International Monetary Fund (IMF) - 2008
External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate …, and high oil prices. While the share of Thai exports to the US has fallen in recent years, the US remains Thailand …
Persistent link: https://www.econbiz.de/10005248323
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Corporate Debt Restructuring in East Asia-Some Lessons from International Experience
Stone, Mark R. - International Monetary Fund (IMF) - 1998
Persistent link: https://www.econbiz.de/10005605521
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The Big Split: Why Did Output Trajectories in the ASEAN-4 Diverge after the Global Financial Crisis?
Isnawangsih, Agnes; Klyuev, Vladimir; Zhang, Longmei - International Monetary Fund (IMF) - 2013
Philippines and Thailand), there were considerable differences both in terms of instantaneous impact of the crisis and in terms of … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10010790382
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Structural Transformation — How Does Thailand Compare?
Klyuev, Vladimir - International Monetary Fund (IMF) - 2015
Thailand stands out in international comparison as a country with a high dispersion of productivity across sectors. It … has especially low labor productivity in agriculture—a sector that employs a much larger share of the population than is …
Persistent link: https://www.econbiz.de/10011242215
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Infrastructure and Income Distribution in ASEAN-5; What are the Links?
Seneviratne, Dulani; Sun, Yan - International Monetary Fund (IMF) - 2013
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both...
Persistent link: https://www.econbiz.de/10011242245
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Thailand: 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This 2013 Article IV Consultation highlights that in 2012, Thailand’s economy rebounded strongly from the devastating floods, with real GDP growing by 6.5 percent. Private consumption rose 6.7 percent, reflecting pent-up demand and government measures, including the rice pledging scheme,...
Persistent link: https://www.econbiz.de/10011243217
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Shock Therapy! What Role for Thai Monetary Policy?
Alp, Harun; Elekdag, Selim - International Monetary Fund (IMF) - 2012
Thailand had to endure three major shocks during 2008–2011: the global financial crisis, the Japanese earthquake, and … the Thai floods of 2011. Over this period, consistent with its inflation targeting framework, the Bank of Thailand (BOT … added up to a total of 4 percentage points to real GDP growth during periods when Thailand had to weather these three major …
Persistent link: https://www.econbiz.de/10011142014