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dependent on the oil sector. Since the lifting of the Libya-specific trade sanctions of the United Nation and United States in …
Persistent link: https://www.econbiz.de/10005591207
Canada’s macroeconomic and policy performance has continued to outshine most other industrial countries, and its outlook remains favorable. The new government has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives. The new...
Persistent link: https://www.econbiz.de/10011243614
The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade …, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the … expiration of the preferential trade arrangements. It examines the empirical relationship among domestic prices, money, foreign …
Persistent link: https://www.econbiz.de/10011244211
South Africa’s 2005 Article IV Consultation reports that the short-term outlook is broadly favorable, with the main risks arising from a possible worsening of the external environment. The authorities plan to maintain a flexible exchange rate, and to intervene in the foreign exchange...
Persistent link: https://www.econbiz.de/10005591179
This paper focuses on Ukraine’s 2005 Article IV Consultation and Ex Post Assessment of Longer-Term Program Engagement. After four years of strong activity, annual growth has slowed sharply, from a peak of about 12 percent in 2004 to 3 percent for January–September 2005. Fiscal...
Persistent link: https://www.econbiz.de/10005591187
This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy … plan, the government will seek long-term capital for investment. Trade policy will be modified to unburden business of the …
Persistent link: https://www.econbiz.de/10005591671
Macedonia showed an economic recovery owing to its macroeconomic policies. Executive Directors appreciated the sound fiscal policies and efforts in bringing inflation under control and increasing international reserves. They stressed the need to reduce unemployment and keep the account deficit...
Persistent link: https://www.econbiz.de/10011242890
The major risk factors faced by the Isle of Man (IOM), which have been given prominence by the global financial crisis, relate to large exposures toward parent banks. The recent global financial markets turmoil has had a significant impact on the Manx financial system. The paper also presents a...
Persistent link: https://www.econbiz.de/10011243882
trade and higher reinvested earnings on foreign investment. …
Persistent link: https://www.econbiz.de/10011244180
The discussions centered on the needed steps to tighten monetary conditions, curb banks’ external borrowing, and reduce banks’ vulnerability to a sharp deterioration in the quality of loan portfolios. Strong expansion in oil and non-oil receipts in 2005 permitted continued rapid...
Persistent link: https://www.econbiz.de/10011244259