Showing 1 - 10 of 201
We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized …
Persistent link: https://www.econbiz.de/10011242251
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
This Detailed Assessment Report focuses on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for Thailand. The report discusses that Thailand has a legal framework in the Anti-Money Laundering Act 1999 (AMLA) around which the core elements of its AML/CFT regime are...
Persistent link: https://www.econbiz.de/10011244378
This paper tests the hypothesis of ‘commodity currency’ on the nuevo sol and, more generally, identifies the drivers of Peru’s equilibrium real exchange rate using a cointegration analysis. The results show that export commodity prices do not have a statistically significant...
Persistent link: https://www.econbiz.de/10011242227
This paper discusses Peru’s economic performance in 2012. The impressive growth is owed to its strong fundamentals and sound policy management. However, the economy is vulnerable to short-term shocks. A low growth in China or in the United States could hamper Peru’s macroeconomic...
Persistent link: https://www.econbiz.de/10011242761
The purpose of the study is to examine Peru’s effective interest spread through accounting decompositions, financial ratio analysis, and spread regressions. The government’s financial restructuring programs accelerated the banking sector consolidation process. Robustness of...
Persistent link: https://www.econbiz.de/10011243387
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
This 2013 Article IV Consultation highlights that Peru’s economy continues to be a leader in high growth and low inflation in the region, which has been achieved through a prudent macroeconomic policy implementation, a far-reaching structural reform agenda and taking advantage of the...
Persistent link: https://www.econbiz.de/10011245344
This paper assesses empirically the motives and effectiveness of forex interventions in Peru. While the central bank of … Peru states that its forex interventions aim only at containing excessive exchange rate volatility, the results of this …
Persistent link: https://www.econbiz.de/10011142096
This paper quantifies the effects of external risks for Peru, with particular attention to two major external risks … and partially dollarized economy is developed and estimated for Peru to measure the risk spillovers, and simulate domestic …
Persistent link: https://www.econbiz.de/10011142105