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Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...
Persistent link: https://www.econbiz.de/10011163120
We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized …
Persistent link: https://www.econbiz.de/10011242251
Fiscal policy in Haiti should be oriented toward more developmental objectives. Steps have been taken in sustaining …
Persistent link: https://www.econbiz.de/10011244481
through structural reform. The 2006 program started as Haiti was making progress toward macroeconomic stabilization. Reducing …
Persistent link: https://www.econbiz.de/10011245041
This Seventh Review Under the Extended Credit Facility of Haiti focuses on economic activity that continued to advance …
Persistent link: https://www.econbiz.de/10011242905
Significant progress has been made in Haiti to safeguard macroeconomic stability after the January 2010 earthquake …
Persistent link: https://www.econbiz.de/10011243077
This paper discusses Haiti’s Sixth Review Under the Extended Credit Facility Arrangement, and Request for Extension of the Arrangement and Rephasing of Disbursements. Growth continued to be modest, due largely to long-standing frail capacity, weather-related shocks, and structural...
Persistent link: https://www.econbiz.de/10011243110
Haiti Strategic Development Plan presents the new framework for the planning, programming, and management of Haitian … implemented to ensure the recovery and development of Haiti. The Three-Year Investment Program, 2014–2016 (PTI 2014–2016 …) concerns implementation of the Strategic Plan for Development of Haiti and more specifically implementation of the governmentâ …
Persistent link: https://www.econbiz.de/10011243403
EXECUTIVE SUMMARY This is the final review under the Extended Credit Facility (ECF) arrangement. The program contributed to maintaining macroeconomic stability, and there was progress on structural reforms. The authorities intend to request a successor arrangement under the ECF. A new finance...
Persistent link: https://www.econbiz.de/10011243793
This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth … has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its … case of Peru. It takes stock of analytical considerations to resource management, and analyzes Peru’s natural resource …
Persistent link: https://www.econbiz.de/10011244249