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Turkey at the Crossroads; From Crisis Resolution to EU Accession
McGettigan, Donal; Debrun, Xavier; Griffiths, Mark E. L.; … - International Monetary Fund (IMF) - 2005
levels. This paper reviews Turkey’s policy performance in terms of growth, inflation, debt, fiscal and financial sector …
Persistent link: https://www.econbiz.de/10005767368
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Lithuania; Recent Economic Developments
International Monetary Fund (IMF); International … - 1996
This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial sector, while agriculture performed poorly. The...
Persistent link: https://www.econbiz.de/10005825020
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The Transition Economies After Ten Years
Fischer, Stanley; Sahay, Ratna - International Monetary Fund (IMF) - 2000
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10005825770
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Hong Kong SAR; Meeting the Challenges of Integration with the Mainland
Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004
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
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GEM; A New International Macroeconomic Model
Bayoumi, Tamim; Faruqee, Hamid; Laxton, Douglas; Karam, … - International Monetary Fund (IMF) - 2004
Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its predecessor model, and how the new features of the model can improve the IMF’s...
Persistent link: https://www.econbiz.de/10005590952
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Inflation, Inequality, and Social Conflict
Crowe, Christopher W. - International Monetary Fund (IMF) - 2006
income inequality and inflation. The model's key features are unequal access to both inflation-hedging opportunities and the … inflation. The paper's empirical section focuses on this predicted interaction effect. The identification strategy involves …
Persistent link: https://www.econbiz.de/10005599734
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The Changing Mix of Disequilibria During Transition; A Romanian Background
Daianu, Daniel - International Monetary Fund (IMF) - 1994
This paper looks at the dynamics of (dis)equilibria during post-command transition. It tries to define an optimal mix between external and internal disequilibrium and to apply this concept to the analysis of the Romanian economy. The forced adjustment of the balance of payments in the 1980s is...
Persistent link: https://www.econbiz.de/10005605012
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Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Silvia, John; Kueng, Lorenz; Coibion, Olivier; … - International Monetary Fund (IMF) - 2012
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures....
Persistent link: https://www.econbiz.de/10010790323
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Inflation and Income Inequality; Is Food Inflation Different?
Walsh, James P; Yu, Jiangyan - International Monetary Fund (IMF) - 2012
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature … assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into … food and nonfood inflation and assessing whether food inflation affects income inequality differently from nonfood …
Persistent link: https://www.econbiz.de/10011242280
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The Rising Resilience of Emerging Market and Developing Economies
Abiad, Abdul; Bluedorn, John C; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2012
Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good—for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we...
Persistent link: https://www.econbiz.de/10011142060