Showing 1 - 10 of 541
This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) in Rwanda. Program performance was broadly satisfactory. All end-June quantitative assessment criteria were met. Structural benchmarks were partially met as the pace of implementation of structural...
Persistent link: https://www.econbiz.de/10011244254
analyze the inflation outlook and monetary policy challenges. The Bank of Indonesia (BI) introduced its Inflation Targeting … Framework in July 2005 with the goal to reduce inflation in the medium term to 3 percent. BI’s official mandate is stability … of the rupiah, both internal and external, and BI views the inflation targeting regime with a floating exchange rate as …
Persistent link: https://www.econbiz.de/10011244290
This Selected Issues paper discusses the policy response by a sample of central banks to the ongoing oil and food price shocks in South Africa, drawing some lessons, which can help put in context developments in the country. The paper discusses first- and second-round effects of “supply...
Persistent link: https://www.econbiz.de/10011244349
This 2008 Article IV Consultation highlights that Bolivia’s overall fiscal position has improved in 2008. Booming hydrocarbon and mining exports, together with high remittance inflows, led to a record-high current account surplus and large reserve accumulation, with major pressures on...
Persistent link: https://www.econbiz.de/10011244436
Increases in core inflation owing to the VAT hike were smaller than expected, initially constituting a puzzle and …
Persistent link: https://www.econbiz.de/10011244476
This paper discusses key findings of the Sixth Review for Uganda Under the Policy Support Instrument. Structural rigidities continue to pose challenges to macroeconomic management in Uganda. Persistent weaknesses in project implementation coupled with rigidities in domestic financial markets...
Persistent link: https://www.econbiz.de/10011244497
This paper presents a simple structural model of inflation adapted for Nigeria based on the methodology of Berg, Karam …
Persistent link: https://www.econbiz.de/10011244544
ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation …
Persistent link: https://www.econbiz.de/10011244819
monetary and fiscal policy, however, could help improve the inflation-output variability trade-off. The fiscal rule is designed … of the fiscal policy changes the inflation-output variability trade-off in Iceland, the paper compares the efficiency …
Persistent link: https://www.econbiz.de/10011244896
The report gives details of the economic analysis for the implementation of Chile's inflation targeting framework. It …
Persistent link: https://www.econbiz.de/10011244929