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Uruguay's performance under the Stand-By Arrangement (SBA) has been favorable, and commendable progress has been achieved in containing the crisis and stabilizing the economy. Executive Directors welcomed this development, and stressed the need to implement policies in the fiscal, banking, and...
Persistent link: https://www.econbiz.de/10005591131
This Selected Issues paper on Morocco analyzes Morocco’s growth performance over the past thirty-five years with a … special focus on the more recent past. The paper presents stylized trends in growth; it first puts the overall growth … performance of Morocco in an international perspective, including an analysis of the evolution of growth volatility, and then …
Persistent link: https://www.econbiz.de/10005825232
substantial impact from preference erosion on growth, trade balances, and fiscal positions. The paper also analyzes the size of …
Persistent link: https://www.econbiz.de/10011243166
This paper discusses key findings of the Detailed Assessment of the Observance of the Insurance Core Principles for Denmark. Key recommendations arising from the assessment cover two main issues. First is the fact that the Danish Financial Supervisory Authority Finanstilsynet bases its system to...
Persistent link: https://www.econbiz.de/10011243118
wedge-distortions related to the consumption leisure decision helped support the recovery. In Chile, the growth generated by … been characterized by strong investment growth, 0.8 percentage points higher than the precrisis trend. The establishment of …
Persistent link: https://www.econbiz.de/10011243850
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
St. Lucia showed strong growth performance owing to its strong investment in tourism infrastructure. Executive …
Persistent link: https://www.econbiz.de/10011244245
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
This Selected Issues paper for Indonesia uses a small structural macroeconomics model of the Indonesian economy to analyze the inflation outlook and monetary policy challenges. The Bank of Indonesia (BI) introduced its Inflation Targeting Framework in July 2005 with the goal to reduce inflation...
Persistent link: https://www.econbiz.de/10011244290
This Selected Issues paper provides a preliminary view on Afghanistan’s external competitiveness through a review of some macroeconomic, microeconomic, and institutional indicators. It discusses the rebuilding of domestic revenue, and analyzes the macroeconomic impact of the drug economy...
Persistent link: https://www.econbiz.de/10011244319