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This Selected Issues paper is a wide-ranging survey of the conditions for, and obstacles to, the growth in Mexico. It frames the issue of Mexico’s growth record, and presents the paper’s prior assumptions and approach. It highlights the main observations and conclusions emerging...
Persistent link: https://www.econbiz.de/10011245707
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
This paper investigates the empirical relationship between competition in the financial sector and the creation of … firms in the non-financial sector. It finds that bank competition has an overall positive effect on firm creation. However …, consistent with theories of banking arguing that competition may reduce the availability of credit to informationally opaque …
Persistent link: https://www.econbiz.de/10005826289
This paper provides an empirical assessment of the degree of competition in Hong Kong SAR using industry-level data … decade has also made it slightly less competitive on average. Imperfect competition is not leading to counter …
Persistent link: https://www.econbiz.de/10005769040
has encouraged more competition in merchandise manufacturing and heavy industries while barriers to market access remain …
Persistent link: https://www.econbiz.de/10011242303
core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …
Persistent link: https://www.econbiz.de/10010959463
The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront challenges related to legacy assets and economic uncertainties in Europe. The Belgian authorities have made significant progress in updating the insurance regulatory regime and...
Persistent link: https://www.econbiz.de/10011244392
Belgian financial conglomerates (FCs) remained important players in the Belgian financial sector, despite significant restructuring following the global financial crisis. FCs operated in multiple streams of the financial sector, especially in banking and insurance. Owing to their economic reach...
Persistent link: https://www.econbiz.de/10011244943
This Selected Issues paper illustrates the recent evolution in Belgian housing prices. Belgian housing prices peaked at the end of 2013 after a persistent increase that was almost continuous for 30 years. The stabilization of prices, combined with policy changes on the fiscal and...
Persistent link: https://www.econbiz.de/10011245071
The ability of the National Bank of Belgium (NBB) to provide emergency liquidity assistance to solvent but temporarily …
Persistent link: https://www.econbiz.de/10011245189