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international standards. Inflation is negligible, and the external current account is running a large surplus. …
Persistent link: https://www.econbiz.de/10005825478
This 2005 Article IV Consultation highlights that Norway’s real mainland GDP growth rebounded strongly in 2004, after a slowdown that began in late 2002. Very supportive monetary conditions, high oil prices, rising housing prices, strengthening consumer and business confidence, and an...
Persistent link: https://www.econbiz.de/10005825554
markets are supporting domestic demand. Unit labor cost increases and core inflation have been subdued, although rapidly …
Persistent link: https://www.econbiz.de/10011243240
This paper discusses key findings of the Seventh Review and Inflation Consultation Under the Stand-By Arrangement for …
Persistent link: https://www.econbiz.de/10011244025
combat inflation. The Executive Board praised authorities for their sound macroeconomic management, and concurred that …
Persistent link: https://www.econbiz.de/10011245739
This 2005 Article IV Consultation highlights that the economic recovery in Mexico that began in mid-2003 has continued in 2005, though at a slower pace. A broad-based expansion of economic activity in 2004, driven by a rebound of private consumption and private investment, took growth up to 4.4...
Persistent link: https://www.econbiz.de/10005767398
This 2002 Article IV Consultation for the Kingdom of the Netherlands—Aruba highlights that after growing at more than 4 percent per year in 1996–2000, the Aruba economy experienced two years of retrenchment, with GDP falling an estimated 1.2 percent in 2001 and 3.8 percent in 2002....
Persistent link: https://www.econbiz.de/10005768489
This 2004 Article IV Consultation highlights that Japan’s economic recovery continued in 2003 and into the first part of 2004. For 2003, GDP growth reached 2½ percent, double the mid-year consensus forecast, and continued at about 6 percent on an annualized basis in the first quarter...
Persistent link: https://www.econbiz.de/10005768491
The United Kingdom’s 2005 Article IV Consultation reports that macroeconomic performance has been strong and steady, owing in part to confidence-enhancing policy frameworks and generally sound implementation. The financial system is generally healthy, although a substantial increase in...
Persistent link: https://www.econbiz.de/10005591828
. Unemployment has risen, but at 4 percent is low by international standards. Inflation remains negligible and the current account is …
Persistent link: https://www.econbiz.de/10005252940