Showing 1 - 10 of 13
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that … dividend of a rapidly expanding labor force is fading and further structural declines in unemployment are likely to be limited …
Persistent link: https://www.econbiz.de/10011242465
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011244203
particular emphasis on macroeconomic management. The sharp depreciation of the exchange rate and high inflation significantly … undermined progress under the reform. High inflation partially reversed the relative price change under the reform. …
Persistent link: https://www.econbiz.de/10011244300
This Selected Issues paper focuses on sustainability of public finances and low inflation in Lithuania. Lithuania aims … to adopt the euro in 2015. Over the medium term, inflation in Lithuania will likely run somewhat higher than in the euro … area on average, but this will be driven by continuing income convergence. The long-term inflation track record is …
Persistent link: https://www.econbiz.de/10011244839
This Selected Issues paper examines the drivers and implications of the agricultural land price boom in Uruguay. It finds that almost half of the increase in agricultural land prices between 2000 and 2010 can be explained by commodity price dynamics. At the same time, farmland prices are...
Persistent link: https://www.econbiz.de/10011245648
This paper discusses Rwanda’s First Review Under the Policy Support Instrument. Rwanda continues to face the challenge of sustaining high growth while reducing its reliance on aid and preventing the build-up of imbalances. After using foreign exchange reserves over the past few years to...
Persistent link: https://www.econbiz.de/10011242980
importance of reinforcing debt management. Monetary policy should remain tight until inflation falls. …
Persistent link: https://www.econbiz.de/10011243393
This 2014 Article IV Consultation highlights that the euro area recovery is taking hold. Real output has expanded for four consecutive quarters, and financial market sentiment has improved markedly. Complementary policy actions have supported demand, boosted investor confidence, and eased...
Persistent link: https://www.econbiz.de/10011243699
in terms of the sectoral savings-investment balance. Persistently high inflation is found to have depressed real returns …
Persistent link: https://www.econbiz.de/10011243777