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Spain’s housing boom was supported by rapid economic expansion, strong employment growth, an immigration boom, and … 2010, employment and value added in construction are projected to halve as peak housing starts are completed. The …, housing market cyclicality could be reduced by fading out generous home ownership incentives. …
Persistent link: https://www.econbiz.de/10011243185
the housing boom. We find that the the last three rounds of macroprudential policies implemented since 2010 were … could be effective if the housing boom were to reignite. Over the medium term, the authorities could consider structural … measures to further improve the soundness of housing finance. …
Persistent link: https://www.econbiz.de/10011123836
The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I …
Persistent link: https://www.econbiz.de/10005825622
This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that potential growth is probably lower than was...
Persistent link: https://www.econbiz.de/10011242465
In this study, China’s economic developments and policies are discussed. Economic growth has been increased by expanding infrastructure and real estate construction. The policy measures outlined in the twelfth five-year plan and implementation of financial reform are important for...
Persistent link: https://www.econbiz.de/10011242493
Persistent link: https://www.econbiz.de/10011242526
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011242534
This 2013 Article IV Consultation highlights that growth in Uruguay has moderated to a more sustainable pace since 2012, mostly owing to weaker external demand. Real GDP growth is projected at 4 percent in 2013 and 3.5 percent in 2014. Fiscal policy loosened in 2012 and is set to remain slightly...
Persistent link: https://www.econbiz.de/10011242539
Following an evaluation of the first Poverty Reduction Strategy Framework (PRSF) of Mali, the government adopted the Growth and Poverty Reduction Strategy Framework (GPRSF) document, which aims at reducing poverty and achieving the MDGs. The Accelerated Growth Strategy, which maintains...
Persistent link: https://www.econbiz.de/10011242639
to ease the adjustment of the housing and labor markets. Strengthening the domestic and international crisis …
Persistent link: https://www.econbiz.de/10011242773