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This 2013 Article IV Consultation highlights that recent economic developments in Myanmar have been positive. Growth is …
Persistent link: https://www.econbiz.de/10011244604
Myanmar is a low-income country, and with the right reforms, it can realize its rich economic potential. The government …
Persistent link: https://www.econbiz.de/10011244938
This paper reviews Myanmar’s Second Review Under the Staff-Monitored Program IMF staff report. The IMF report highlights that the authorities are pursuing a wide range of economic reform program against a background of political liberalization. Growth has strengthened led by services....
Persistent link: https://www.econbiz.de/10011243573
improved export performance but rising capital account inflows should enable Central Bank of Myanmar (CBM)’s international …
Persistent link: https://www.econbiz.de/10011243848
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
The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output is projected to level off, and then decline...
Persistent link: https://www.econbiz.de/10011244994
This 2005 Article IV Consultation highlights that the economic activity in Jamaica has been adversely affected by shocks. Real GDP contracted sharply in late 2004 following the devastating effects of Hurricane Ivan. Thereafter, while output recovered, it was dampened by the poor performance of...
Persistent link: https://www.econbiz.de/10011245004