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EXECUTIVE SUMMARYEuroclear Bank is a securities settlement system that contributes to the safety and efficiency of global markets for government bonds and other international securities but also concentrates systemic risk. It is one of the largest securities settlement systems worldwide with a...
Persistent link: https://www.econbiz.de/10012677395
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...
Persistent link: https://www.econbiz.de/10015059705
This 2013 Article IV Consultation highlights that the Turkish economy achieved a welcome reduction of imbalances in 2012. In 2013, growth has accelerated significantly on the back of a monetary and fiscal policy stimulus. The economy is projected to expand by 3.8 percent this year, with private...
Persistent link: https://www.econbiz.de/10011244217
fundamentals. The main risk for Turkey remains a capital flows reversal, associated with monetary policy normalization in advance …
Persistent link: https://www.econbiz.de/10011244676
This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 …
Persistent link: https://www.econbiz.de/10011243576
This Selected Issues paper analyzes the capital flows in Turkey. The empirical analysis in this paper uses exchange … market pressure index to identify the determinants of capital flows to Turkey. It is observed that exchange market pressures … in Turkey seem to a degree, larger than in other emerging economies, and to be linked to risk factors, both global and …
Persistent link: https://www.econbiz.de/10011244019
This study estimated Indonesia's potential growth rate and examined its underlying determinants. Implementing a comprehensive program to address key influencing issues can improve the effectiveness of monetary policy, increase financial stability, and support capital market development. This...
Persistent link: https://www.econbiz.de/10009510804
This paper on Romania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 13, 2012. The views expressed in this...
Persistent link: https://www.econbiz.de/10009659740
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/10009625028
This selected issues paper provides background on evolution, highlight the rationale behind the key changes, describe the most important extensions and their implications, and to then present several policy applications, which played a part in informing the 2023 Article IV discussions with the...
Persistent link: https://www.econbiz.de/10015058831