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The Federal Democratic Republic of Ethiopia; Selected Issues
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
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Measuring the Informal Economy in the Caucasus and Central Asia
Abdih, Yasser; Medina, Leandro - International Monetary Fund (IMF) - 2013
This study estimates the size of the informal economy, and the relative contribution of each underlying factor, for the Caucasus and Central Asia countries in 2008. Using a Multiple Indicator-Multiple Cause model, we find that a burdensome tax system, rigid labor market, low institutional...
Persistent link: https://www.econbiz.de/10010790402
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Colombia; Financial System Stability Assessment
International Monetary Fund (IMF); International … - 2013
In this paper, the structure of Colombia’s financial sector is analyzed and various risks of the financial sector are studied. Supervision of the financial system can be performed by supervisory architecture, banking supervision, various securities, and insurance policies. Systemic...
Persistent link: https://www.econbiz.de/10011244169
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Colombia; Arrangement Under the Flexible Credit Line—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for ...
International Monetary Fund (IMF); International … - 2013
This staff report on Colombia’s arrangement under the Flexible Credit Line highlights economic policies and development. Colombia’s economic performance in recent years has been very strong, underpinned by a very strong institutional framework and prudent macroeconomic management....
Persistent link: https://www.econbiz.de/10011244442
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Colombia: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper analyzes spillover risks for Colombia. It highlights that external shocks could spill over … world. Colombia would be most exposed to a decline in oil prices, which could have a sizable adverse impact on the balance …
Persistent link: https://www.econbiz.de/10011244793
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Colombia: Review Under the Flexible Credit Line Arrangement - Staff Report; Press Release; and Statement by the Executive Director for Colombia
International Monetary Fund (IMF); International … - 2014
potential in 2014 and over the medium term, with inflation remaining within the target range of 2–4 percent. However, Colombia … volatility. The IMF staff assesses that Colombia continues to meet the qualification criteria for access to FCL resources, and … recommends completion of the review under the FCL arrangement for Colombia. …
Persistent link: https://www.econbiz.de/10011244833
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Colombia: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Colombia
International Monetary Fund (IMF); International … - 2014
are expected to shift to a more neutral stance. Colombia continues to rely on a flexible exchange rate to absorb external …
Persistent link: https://www.econbiz.de/10011245643
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Colombia; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
Colombia’s economy has been resilient to the adverse global shocks of recent years. Inflation has been subdued, credit growth has eased, and financial soundness indicators are strong. The strong balance of payments continues to put upward pressure on the Colombian peso. In 2013, growth is...
Persistent link: https://www.econbiz.de/10011245708
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A Cautionary Note on the Use of Exchange Rate Indicators
Wickham, Peter - International Monetary Fund (IMF) - 1993
Persistent link: https://www.econbiz.de/10005826695
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Output Gap Uncertainty and Real-Time Monetary Policy
Grigoli, Francesco; Herman, Alexander; Swiston, Andrew; … - International Monetary Fund (IMF) - 2015
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