Showing 1 - 10 of 187
This 2004 Article IV Consultation highlights that Slovakia’s economic performance has improved since the 2003 Article IV Consultation. Output has expanded strongly, and fiscal and external balances have narrowed substantially in recent years. These developments were assisted by large...
Persistent link: https://www.econbiz.de/10005825144
This 2005 Article IV Consultation highlights that Malta’s economic growth languished in 2004 for a fourth consecutive year. Slow growth reflected the weakness of, and increasing competition in, Malta’s export markets, as well as domestic factors. The slowdown had begun with shocks...
Persistent link: https://www.econbiz.de/10005591517
This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are …
Persistent link: https://www.econbiz.de/10005599011
This Selected Issues Paper assesses Macedonia’s public debt markets and presents recommendations for their further development. Macedonia’s domestic debt market is in the early stages of development and is small by regional standards. The paper also analyzes the main causes of...
Persistent link: https://www.econbiz.de/10011244063
This paper on Republic of Croatia focuses on representative rate for the Euro. The Council of the European Union … decided on July 12, 2022 that the Republic of Croatia had fulfilled the necessary conditions for adoption of the euro with … effect from January 1, 2023, and that the conversion rate should be set at 7.53450 Croatian kuna per one euro. The Croatian …
Persistent link: https://www.econbiz.de/10015059705
The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the expiration of the preferential trade arrangements....
Persistent link: https://www.econbiz.de/10011244211
This Selected Issues Paper on Switzerland focuses on unprecedented currency appreciation and policy response. On September 6, 2011, the Swiss National Bank (SNB) surprised the market by explicitly committing to defending a floor of 1.20 on the exchange rate of EUR/CHF. The introduction of the...
Persistent link: https://www.econbiz.de/10011244230
This paper provides three policy lessons to take full advantage of the opportunity afforded by EU funds. The main features of the global integrated monetary and fiscal (GIMF) model and how it was modified to account for income convergence are discussed. The impact of EU funds as exhibited in the...
Persistent link: https://www.econbiz.de/10011244276
This 2008 Article IV Consultation highlights that Tunisia’s sound economic policies and pragmatic approach to structural reforms continue to bear fruit, as evidenced by strong growth and improved social indicators. Real GDP growth averaged 5 percent a year while the macroeconomic and...
Persistent link: https://www.econbiz.de/10011244286
Iran's 2005 Article IV Consultation highlights Fourth Five-Year Development Plan (FFYDP) and the Twenty-Year Vision. The country's real GDP growth reached 5½ percent a year on average, unemployment declined, and macroeconomic indicators improved significantly, supported by favorable oil...
Persistent link: https://www.econbiz.de/10011244296