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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
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
Despite the negative impact of the severe winter on agriculture, other indicators are pointing to a strong recovery. Exports are growing rapidly, fueled by the rebound in copper prices and a rapid growth in coal exports. Rephasing of purchases by combining the fifth and sixth reviews is...
Persistent link: https://www.econbiz.de/10011244274
In 2010, average inflation has remained low in all West African Economic and Monetary Union (WAEMU) countries, but has …
Persistent link: https://www.econbiz.de/10011245074
unsettled global outlook and slow government decision making, have weighed on investment. Inflation has moderated, leading the …
Persistent link: https://www.econbiz.de/10011245488
. Despite economic sanctions imposed by Russia in 2006, Georgia’s economic growth continues to be strong, and inflation has … declined. Growth is expected to reach 9 percent in 2006 and to slow only moderately to 7–8 percent in 2007. Inflation was …
Persistent link: https://www.econbiz.de/10011242897
inflation. Unlike in the case of fuel-producing countries, the East African Community countries are major agricultural producers …
Persistent link: https://www.econbiz.de/10010790455
harvest, high oil prices, and reduced unemployment and inflation. Implementation of structural reforms initiated by the …
Persistent link: https://www.econbiz.de/10011245480
impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …
Persistent link: https://www.econbiz.de/10005825354
This 2003 Article IV Consultation highlights that the South African economy performed well in 2002, notwithstanding difficult global economic conditions. Supported by sound macroeconomic management and a highly competitive exchange rate, real GDP growth rose to 3.0 percent in 2002 from 2.8...
Persistent link: https://www.econbiz.de/10005248115