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Spain's participation in European integration has strengthened its policymaking credibility and created an enviroment … conducive to sustainable economic growth. Over the last decade, Spain has seen improvements in inflation, output, employment … reviews Spain's past economic performance and sees good prospects for further rises in living standards …
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Dominica has been hit hard by the Covid-19 pandemic, with an estimated decline in GDP of 11 percent in 2020 underpinned by a sharp reduction in tourism receipts that affected connected sectors and by lockdown measures to limit virus contagion. The output decline was contained by health spending,...
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by about one percentage point. The level of capital stock per capita is one of the lowest in the region, only slightly …
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This remote mission provided the authorities with advice in fiscal risk management. The mission covered three interrelated topics: (i) the Public Finance and Expenditure Management (PFEM) Law and fiscal risks oversight and management; (ii) the Stated-Owned Corporations (SOC); and (iii) the...
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The economic impact of the pandemic has been much milder than initially foreseen, still the outlook remains challenging. The economy, dominated by financial services, adapted quickly to telework and benefited from unprecedented policy support, both domestically and globally. Uncertainty is...
Persistent link: https://www.econbiz.de/10012604015
Andorra, the IMF's newest member since October 2020, participated in its first Article IV consultation with a commitment to further enhance transparency. Tourism and banking-related services dominate economic activity in the euroized economy. The country enjoys long-standing political stability,...
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