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The Slovak Republic’s 2005 Article IV Consultation reports that sound macroeconomic management and a wide range of fundamental structural reforms are supporting nominal convergence with European Union norms. Real GDP growth accelerated to 6 percent in 2005, driven by an improvement in the...
Persistent link: https://www.econbiz.de/10011244180
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
high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the …
Persistent link: https://www.econbiz.de/10011244857
slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle … turning downward, the trade-off between inflation and growth is deteriorating. Subprime-related turbulences in financial …
Persistent link: https://www.econbiz.de/10011245257
The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of Canada’s predictable price level have been...
Persistent link: https://www.econbiz.de/10011243149
denominated in foreign currency. Aided by high commodity prices and improved confidence, GDP growth is estimated at 5½ percent …
Persistent link: https://www.econbiz.de/10011243364
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011243738
. Inflation in Ethiopia has reached a historical peak. Following a drought-related surge of food prices in 2003, it receded to …This Selected Issues paper examines the causes of recent inflation in Ethiopia and discusses possible policy responses … single digits but soon turned back up in 2004 and gradually increased. The paper provides an overview of recent inflation …
Persistent link: https://www.econbiz.de/10011244076
This Selected Issues paper examines inflation dynamics over the past five years for Lithuania. A decomposition of … inflation into its components provides clues to its main causes. It shows that energy price increases and convergence to … European Union (EU)-wide price levels have been important factors driving inflation, but domestic demand pressures—and wage …
Persistent link: https://www.econbiz.de/10011244103
Like most Sub-Saharan African countries, Kenya’s economic growth appears to have been primarily driven by factor accumulation. The Selected Issues paper and Statistical Appendix for Kenya examines economic developments and policies. During the last two decades, Kenya has been plagued by...
Persistent link: https://www.econbiz.de/10011244155