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This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea’s economy grew rapidly, by an average of 7¼ percent per year. But starting in 2003, the economy has begun to sputter. Growth suddenly stopped in the first half of the year, leapt ahead in the second half as...
Persistent link: https://www.econbiz.de/10005252883
Despite a stern global financial crisis and fiscal imbalances within the country, Albania's prudent policies supported …
Persistent link: https://www.econbiz.de/10011245304
This paper discusses the Financial System Stability Assessment report on Albania. The IMF report states that the …
Persistent link: https://www.econbiz.de/10011245313
This 2013 Article IV Consultation for Albania focuses on economic developments and policies that have led to weakening … and imbalance of the economy. It highlights that high nonperforming loans (NPLs) are constraining credit growth, and weak … stability and help release credit supply constraints by lowering bank risk aversion. The authorities have requested a three …
Persistent link: https://www.econbiz.de/10011245658
Labor markets in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and …
Persistent link: https://www.econbiz.de/10010790396
This paper discusses Albania’s Second and Third Reviews Under the Extended Arrangement and Request for Waiver for the Nonobservance of Performance Criterion, Waiver of Applicability of PCs, and Rephasing of Future Disbursements. The program is on track. All end-June, end-September, and...
Persistent link: https://www.econbiz.de/10011242756
potential. Successive monetary easing has not prevented credit contraction. The banking system remains stable, but asset quality …
Persistent link: https://www.econbiz.de/10011243295
procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …
Persistent link: https://www.econbiz.de/10010878415
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10010878422
This paper discusses the assessment of observance of Thailand Securities Depository (TSD) of the Committee of Payments and Settlement Systems (CPSS)/International Organization of Securities Commissions (IOSCO) recommendations for securities settlement systems for Thailand. On the basis of the...
Persistent link: https://www.econbiz.de/10011244197