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This Selected Issues paper shows that upgrading basic public infrastructure, and road infrastructure, raises productivity among firms, not only for large companies but also for Mexico's large number of small and micro firms. This finding suggests that greater government spending on road...
Persistent link: https://www.econbiz.de/10012122830
This Selected Issues paper analyzes transmission of monetary policy rates to lending and deposit rates in Mexico. The results show that transmission of the policy rate to market rates is statistically significant in all cases, except for mortgage rates. For sight deposits, pass-through is low,...
Persistent link: https://www.econbiz.de/10012109341
A technical assistance mission was undertaken by the Real Sector Statistics Advisor in the Caribbean Regional Technical Assistance Centre to Saint Lucia to provide advice to the Central Statistics Office (CSO) on compiling rebased gross domestic product estimates. The CSO is responding to the...
Persistent link: https://www.econbiz.de/10012250254
This paper focuses on the convergence performance of euro area countries before and after euro introduction. The analysis compares per capita incomes across countries, both for the initial group of twelve countries that adopted the euro before 2002 (the so-called EA-12) as well as the current...
Persistent link: https://www.econbiz.de/10011698172
Persistent link: https://www.econbiz.de/10001757061
demonstrate that Croatia's overall external vulnerabilities have declined since 2010. However, the balance sheet matrix shows …
Persistent link: https://www.econbiz.de/10011986816
This Article IV Consultation highlights that the economic expansion continues, driven primarily by private consumption and exports of goods and services. Discussions primarily focused on increasing the economy's flexibility and resilience. Fiscal performance has been strong, however, the...
Persistent link: https://www.econbiz.de/10011986819
This paper discusses the economic developments, outlook, risk, and policies of Croatia. This East European country has …
Persistent link: https://www.econbiz.de/10011675464
This paper mainly examines fiscal decentralization, credit-loss recovery, and unemployment in Croatia. The degree of … expenditure and revenue decentralization in Croatia appears limited relative to its peers. At about 16 percent of general … government spending, subnational government spending in Croatia is modest compared to other southeastern European countries and …
Persistent link: https://www.econbiz.de/10011675468
This 2017 Article IV Consultation highlights that Croatia continued its third year of positive economic growth in 2017 …
Persistent link: https://www.econbiz.de/10011806234