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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
.1 percent of GDP in 2010. A compression of imports in 2009, the region’s external current account deficit is estimated to have …
Persistent link: https://www.econbiz.de/10011245074
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
This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal … for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and …
Persistent link: https://www.econbiz.de/10011244377
The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They...
Persistent link: https://www.econbiz.de/10011244857
recent initiatives concerning external trade provide new challenges and opportunities for welfare-enhancing reforms. Although … the 1994 reforms that created the CEMAC customs union were a major step forward, the trade regime remains plagued by poor …
Persistent link: https://www.econbiz.de/10011245384
This Selected Issues paper for South Africa presents a quantitative analysis of inflation dynamics in the country. The conduct of monetary policy has been complicated by a variety of unanticipated events that have had important effects on inflation. Exposed to exchange rate and other shocks, the...
Persistent link: https://www.econbiz.de/10005252771
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