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Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10011242248
Persistent link: https://www.econbiz.de/10005767379
Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external environment. Growth has exceeded expectations, unemployment has reached record lows, and poverty has continued to fall, while economic vulnerabilities have been significantly...
Persistent link: https://www.econbiz.de/10011244582
The recent global financial crisis has exposed the limitations of a conventional inflation targeting framework in insulating an economy from all shocks, and demonstrated that its rigid application may aggravate the effect of shocks on output and inflation. Possible refinements to the inflation...
Persistent link: https://www.econbiz.de/10011244762
Sound policies and favorable external conditions have led to a strong economic recovery, but important challenges lie ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation in the wake of vigorous growth and capital...
Persistent link: https://www.econbiz.de/10011244819
This paper presents the staff report for Peru’s 2008 Article IV Consultation, Fourth Review and Inflation Consultation under the Stand-By Arrangement and request for waiver of applicability of performance criteria. Peru has been liberalizing external trade through tariff reductions in...
Persistent link: https://www.econbiz.de/10011244871
implementation of substantial structural reforms, in particular the authorities’ planned reforms in labor markets, the investment …
Persistent link: https://www.econbiz.de/10011244994
This 2005 Article IV Consultation highlights that the economic activity in Jamaica has been adversely affected by shocks. Real GDP contracted sharply in late 2004 following the devastating effects of Hurricane Ivan. Thereafter, while output recovered, it was dampened by the poor performance of...
Persistent link: https://www.econbiz.de/10011245004
Indonesia’ 2008 Article IV Consultation reports that Indonesia’s growth performance remains strong despite the deteriorating global environment. The economy remains vulnerable to shifts in investor sentiment, and volatility in the government bond market has increased. The new...
Persistent link: https://www.econbiz.de/10011245364
increase by 1.7 percent in 2012 as the nonenergy sector picks up momentum with the acceleration of government investment …
Persistent link: https://www.econbiz.de/10011245608