This Selected Issues paper for the Republic of Korea focuses on the role of monetary policy in the current context of slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle turning downward, the trade-off between inflation and...

The Zambian economy has performed well owing to its strong macroeconomic policies, high copper export prices, and extensive debt relief. Executive Directors encouraged the authorities to reduce poverty and attain the Millennium Development Goals (MDGs) under the Fifth National Development Plan...

This paper discusses key findings of the Fourth Review under the Policy Support Instrument (PSI) for the United Republic of Tanzania. By October 2008, inflation had risen to 11.8 percent mainly reflecting the surge in global food and fuel prices, but is expected to begin to recede. Poverty...