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Output Gap Uncertainty and Real-Time Monetary Policy
Grigoli, Francesco; Herman, Alexander; Swiston, Andrew; … - International Monetary Fund (IMF) - 2015
Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...
Persistent link: https://www.econbiz.de/10011163120
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A Cautionary Note on the Use of Exchange Rate Indicators
Wickham, Peter - International Monetary Fund (IMF) - 1993
Persistent link: https://www.econbiz.de/10005826695
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Central America, Panama, and the Dominican Republic; Trade Integration and Economic Performance
Cas, Stephanie Medina; Swiston, Andrew; Barrot, Luis-Diego - International Monetary Fund (IMF) - 2012
This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional and global trade integration. CAPDR countries have enacted many free trade agreements and other...
Persistent link: https://www.econbiz.de/10011242361
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Costa Rica; Selected Issues
International Monetary Fund (IMF); International … - 2013
This article is a synopsis on Costa Rica’s international spillovers, potential estimates, fiscal challenges, and banking systems. Spillovers are originated by cross-country trade and financial linkages, and also by the impact of global fiscal consolidation. The banking sector has about...
Persistent link: https://www.econbiz.de/10011242574
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Costa Rica: Selected Issues and Analytical Notes
International Monetary Fund (IMF); International … - 2015
Persistent link: https://www.econbiz.de/10011242762
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Costa Rica; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This article is an analytical report of the economic developments of Costa Rica. The economy showed rapid growth in the aftermath of the global crisis with low inflation; but for further stable growth, certain policy frameworks and reforms need to be reinforced. The fiscal stance should be made...
Persistent link: https://www.econbiz.de/10011243920
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Kenya: Poverty Reduction Strategy Paper-Joint Staff Advisory Note
International Monetary Fund (IMF); International … - 2014
This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Kenya. Kenya’s second …
Persistent link: https://www.econbiz.de/10011244468
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Kenya: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Kenya
International Monetary Fund (IMF); International … - 2014
KEY ISSUES Context: Kenya has embarked on major reforms in line with the 2010 constitution. The new government has …. Kenya placed its first US$2 billion Eurobond at favorable terms, with proceeds to be used to upgrade power generation and … fiscal resources. Kenya is actively participating in the integration of East Africa, showing progress in reducing delays from …
Persistent link: https://www.econbiz.de/10011244508
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How Solid Is Economic Growth in the East African Community?
Gigineishvili, Nikoloz; Mauro, Paolo; Wang, Ke - International Monetary Fund (IMF) - 2014
Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their...
Persistent link: https://www.econbiz.de/10011123874
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Colombia: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Colombia
International Monetary Fund (IMF); International … - 2014
are expected to shift to a more neutral stance. Colombia continues to rely on a flexible exchange rate to absorb external …
Persistent link: https://www.econbiz.de/10011245643