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financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …
Persistent link: https://www.econbiz.de/10005248185
This paper examines the external sustainability and competitiveness of Benin’s economy. Balance of payments flows suggest Benin’s external position is sustainable. Large trade and current account deficits are comfortably financed by inflows through the capital and financial...
Persistent link: https://www.econbiz.de/10011245132
aid and higher domestic and external private investment. The Equilibrium Real Exchange Rate Approach indicates a moderate …
Persistent link: https://www.econbiz.de/10011245770
This paper uses three methods to assess movements of real exchange rates in the ECCU over time. First, the purchasing power parity hypothesis is tested and then used to provide a benchmark for equilibrium real exchange rates in the region. Second, a fundamentals-based equilibrium real exchange...
Persistent link: https://www.econbiz.de/10004999972
Sound macroeconomic policies, good governance, and high levels of investment, supported by diamond and other mineral … essential to accumulate savings for the period when diamond revenues decline. Striking an appropriate balance between monetary …
Persistent link: https://www.econbiz.de/10011244231
the SBA have sought to reduce Croatia’s savings-investment imbalance and stabilize the external debt-to-GDP ratio …
Persistent link: https://www.econbiz.de/10011244734
This paper discusses key findings of the First Review Under the Poverty Reduction and Growth Facility (PRGF) for Afghanistan. Despite a difficult security environment and persistent expenditure pressures, Afghanistan’s performance during the first six months of 2006/07 was in line with...
Persistent link: https://www.econbiz.de/10011244738
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/10011244804
The recent uptrend in Namibia’s current account surplus reflects an increase in public and private savings. Tighter … domestic investment rules will not reduce capital outflows. The phasing and macroeconomic impact of regulatory changes requires … careful scrutiny. Market-based incentives for investment repatriation are attractive. Namibia’s non-renewable natural …
Persistent link: https://www.econbiz.de/10011245563
Based on the economic developments and policies of Rwanda, the staff’s report was prepared. The rising global food and fuel prices have begun to elevate inflationary shares. The authorities are streamlining expenditures and introducing further reforms in revenue administration and public...
Persistent link: https://www.econbiz.de/10011245664