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Yen Bloc or Yuan Bloc; An Analysis of Currency Arrangements in East Asia
Shirono, Kazuko - International Monetary Fund (IMF) - 2009
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … generate higher average welfare gains for East Asian countries than currency unions with Japan or the United States. Overall …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …
Persistent link: https://www.econbiz.de/10005826046
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Japan; Spillover Report for the 2011 Article IV Consultation and Selected Issues
International Monetary Fund (IMF); International … - 2011
than captured by the empirical analysis. Apart from heading off tail risks, fiscal consolidation in Japan would have medium …
Persistent link: https://www.econbiz.de/10011244326
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Nicaragua; Poverty Reduction Strategy Paper: Progress Report on National Human Development Plan as of 2010
International Monetary Fund (IMF); International … - 2011
This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007–10...
Persistent link: https://www.econbiz.de/10011244377
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Chile; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper analyzes the properties of the fiscal surplus rule, a key pillar of Chile’s macroeconomic framework. The findings suggest that the rule is near the volatility-minimizing efficiency frontier. The paper assesses the vulnerability of the Chilean banking system to...
Persistent link: https://www.econbiz.de/10011244474
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Morocco; 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Moroc...
International Monetary Fund (IMF); International … - 2006
The macroeconomic environment is sound, with low inflation and a comfortable external position, although the fiscal position remains a concern for the medium term. The authorities have successfully privatized and liberalized the telecommunications, energy, and transportation sectors. Moreover,...
Persistent link: https://www.econbiz.de/10011244655
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Malaysia; 2010 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Malay...
International Monetary Fund (IMF); International … - 2010
Strong fundamentals and countercyclical policies have helped Malaysia during the global financial crisis. Executive Directors welcomed the authorities' challenge to make progress toward economic growth and structural transformation. Directors welcomed the consolidation effort in the 2010 budget,...
Persistent link: https://www.econbiz.de/10011244853
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South Africa; 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussions; and Statement by the Executive Director for...
International Monetary Fund (IMF); International … - 2008
This 2008 Article IV Consultation highlights that South Africa’s economic performance has strengthened in the last several years, with real GDP growing by 5–5½ percent in 2005–07, inflation declining to mid-single digits until recently, and employment growing steadily....
Persistent link: https://www.econbiz.de/10011245284
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Central African Economic and Monetary Community; Selected Issues
International Monetary Fund (IMF); International … - 2006
The creation, in 1994, of the Central African Economic and Monetary Community (CEMAC) customs union was a major step in the regional integration process in central Africa. The implementation of the agreed regime by the member countries, however, has remained unsatisfactory. A 2002–03...
Persistent link: https://www.econbiz.de/10011245384
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The Socialist People’s Libyan Arab Jamahiriya; 2005 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation underlies that in 2004, Libya’s macroeconomic performance was satisfactory, owing mainly to higher oil prices and increased oil output. Real GDP grew 4½ percent while consumer prices declined. The favorable developments in the oil market contributed to...
Persistent link: https://www.econbiz.de/10011245546
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Mexico; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper is a wide-ranging survey of the conditions for, and obstacles to, the growth in Mexico. It … main observations and conclusions emerging from the survey of growth conditions in Mexico. It also presents an overview of … remittances in Mexico, motivated by their recent increase and possible macroeconomic implications. …
Persistent link: https://www.econbiz.de/10011245707