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Emerging Markets in Transition: Growth Prospects and Challenges

Cubeddu, Luis M.; Culiuc, Alexander; Fayad, Ghada; Gao, Yuan - International Monetary Fund (IMF) - 2014

After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...

Persistent link: https://www.econbiz.de/10010878427

The Pacific Speed of Growth; How Fast Can It Be and What Determines It?

Yang, Yongzheng; Chen, Hong; Singh, Shiu raj; Singh, Baljeet - International Monetary Fund (IMF) - 2013

This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...

Persistent link: https://www.econbiz.de/10011242206

The Growth Comeback in Developing Economies; A New Hope or Back to the Future?

Bluedorn, John C; Duttagupta, Rupa; Guajardo, Jaime; … - International Monetary Fund (IMF) - 2013

Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...

Persistent link: https://www.econbiz.de/10011242243

Enhancing Chinaâ€™s Medium-Term Growth Prospects; The Path to a High-Income Economy

Nabar, Malhar; Papa M'B. P. N'Diaye - International Monetary Fund (IMF) - 2013

probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away … from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward … and sustain such a convergence toward the level of more prosperous economies. …

Persistent link: https://www.econbiz.de/10011242319

Former Yugoslav Republic of Macedonia; 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Direc...

International Monetary Fund (IMF); International … - 2009

The staff report for the 2008 Article IV Consultation of the Former Yugoslav Republic of Macedonia discusses economic developments and policies. The new governmentâ€™s economic program aims to raise growth further, but does not address these vulnerabilities. Plans to increase the central...

Persistent link: https://www.econbiz.de/10011245331

The Southern African Development Community's Macroeconomic Convergence Program: Initial Performance; Initial Performance

Burgess, Robert - International Monetary Fund (IMF) - 2009

Persistent link: https://www.econbiz.de/10011245868

Central America; Global Integration and Regional Cooperation

Rodlauer, Markus; Schipke, Alfred - International Monetary Fund (IMF) - 2005

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examinesâ€”among other thingsâ€”the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...

Persistent link: https://www.econbiz.de/10005252532

Ten Years After the CFA Franc Devaluation; Progress toward Regional Integration in the Waemu

Boogaerde, Pierre van den; Tsangarides, Charalambos G. - International Monetary Fund (IMF) - 2005

economic convergence, examines the evolution of trade and competitiveness, and points to ways to remove impediments to greater … between WAEMU member countries that have limited the degree of convergence achieved to date, and to advance toward a full …

Persistent link: https://www.econbiz.de/10005263827

Institutions Rule; The Primacy of Institutions Over Integration and Geography in Economic Development

Subramanian, Arvind; Trebbi, Francesco; Rodrik, Dani - International Monetary Fund (IMF) - 2002

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions "trumps" everything else. Controlling for institutions,...

Persistent link: https://www.econbiz.de/10005826539

The Second Transition; Eastern Europe in Perspective

Leigh, Daniel; Fabrizio, Stefania; Mody, Ashoka - International Monetary Fund (IMF) - 2009

The countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European Union, they rode a wave of global trade and financial market integration. Focusing on the second...

Persistent link: https://www.econbiz.de/10005826579