Showing 1 - 10 of 170
This 2008 Article IV Consultation highlights that Tonga’s economy has shown resilience in the aftermath of the November 2006 riots and is now on a path to recovery. The key factor underpinning this resilience has been private investment. Donor-supported government reconstruction loans are...
Persistent link: https://www.econbiz.de/10011245814
This paper examines Honduras’s 2005 Article IV Consultation and Second Review Under the Poverty Reduction and Growth Facility. In the period 1960–2000, output growth in Honduras ranked among the lowest in the region. During the 1990s, when growth recovered in the rest of Central...
Persistent link: https://www.econbiz.de/10005825013
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal...
Persistent link: https://www.econbiz.de/10005590939
externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the …
Persistent link: https://www.econbiz.de/10005599636
The main focus of the “wage bargaining” literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargaining. More specifically, this paper appraises the following questions: (a) what are the...
Persistent link: https://www.econbiz.de/10005599701
before and after the January 1992 price liberalization is analyzed here, as are the associated movements of wages and overall …
Persistent link: https://www.econbiz.de/10005605004
Persistent link: https://www.econbiz.de/10011244432
This 2013 Article IV Consultation highlights that The Zambian economy has performed well in recent years, with strong growth and modest inflation, and has high growth potential. The government has resolved to step up development by scaling up investment in infrastructure. The current fiscal...
Persistent link: https://www.econbiz.de/10011245052
This Selected Issues paper analyses the impact that rising energy import prices might have on growth and inflation in Ukraine. The paper examines how rising gas prices might elevate macrofiscal risks in Ukraine’s state enterprise sector. It assesses Ukraine’s equilibrium exchange...
Persistent link: https://www.econbiz.de/10011245611