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-sector debt that pose headwinds for growth. Promoting recovery following a house-price bust requires a multi-pronged strategy …
Persistent link: https://www.econbiz.de/10011244480
This Selected Issues paper examines the household debt situation in Denmark and factors that have contributed to the … high level of household debt in the country. Various factors seem to account for the size of household debt, including … mobility. The paper highlights that high household debt could pose direct risks to financial stability if the number of …
Persistent link: https://www.econbiz.de/10011245371
recovery in housing prices. Investment is projected to remain subdued owing to weak domestic demand. …
Persistent link: https://www.econbiz.de/10011243088
This paper discusses Romania’s Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks,...
Persistent link: https://www.econbiz.de/10011245005
This technical assistance report on Benin presents the governance diagnostic. The current President of the Republic Patrice Talon has repeatedly stressed the major importance of good governance for the country's future and has made it a strong focus of his second term. The Governance Diagnostic...
Persistent link: https://www.econbiz.de/10015059399
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
The economy of Bosnia and Herzegovina, which is strongly connected to Europe through trade and financial channels, continues to pay a high price for the tough conditions in the area. The paper discuss that, following low demand in its trading partners, exports slumped in 2012 by 7.5 percent,...
Persistent link: https://www.econbiz.de/10011245068
This Joint Staff Advisory Note focuses on the Interim Poverty Reduction Strategy Paper (I-PRSP) for Sudan. I-PRSP provides a useful stock taking of the socioeconomic situation in Sudan and offers a good basis for the design and monitoring of growth and poverty reduction policies. It is the first...
Persistent link: https://www.econbiz.de/10011242919
periphery spreads. Weak growth and high levels of private balance sheet debt in the periphery are weighing on the health of bank …
Persistent link: https://www.econbiz.de/10011243037
Bosnia and Herzegovina’s (Bah) economy started to lose steam in early 2012 as growth slowed in Europe. Intensification of the euro area crisis further affected Bin's growth outlook. However, measures such as limiting the expenditure at the central government level and targeting overall...
Persistent link: https://www.econbiz.de/10011243846