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Republic of Latvia; First Review and Financing Assurances Review Under the Stand By Arrangement, Requests for Waivers of Nonobservance of Performance Criteria, and Rephasing of Purchases Under the Arrangement
International Monetary Fund (IMF); International … - 2009
The Latvian authorities have strengthened their intervention capacity, financial supervision, and monitoring framework, and have taken steps to contain risks in Parex Bank. The staff report reviews the Republic of Latvia’s economic developments and policies. Substantial progress has been...
Persistent link: https://www.econbiz.de/10011242934
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Republic of Poland: Technical Note on Impaired Loans
International Monetary Fund (IMF); International … - 2013
This Technical Note analyzes impaired loans in Poland. Asset quality has moved up the Polish supervisor’s agenda to … address persistent impaired loans and cyclical deterioration in credit quality. Although the deterioration has been mainly … recent loosening of underwriting standards for retail loans could contribute to rising inflows into impaired loans. …
Persistent link: https://www.econbiz.de/10011242967
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Guyana; Staff Report for the 2009 Article IV Consultation
International Monetary Fund (IMF); International … - 2010
Guyana has weathered the impact of the global crisis well by regional and global standards. The current account deficit declined by 5 percent of GDP (to 8.5 percent of GDP), largely led by a reduction in imports, particularly of fuel. Macroeconomic policies have remained prudent. Monetary policy...
Persistent link: https://www.econbiz.de/10011243585
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Guyana; 2010 Article IV Consultation: Staff Report, Supplement, Public Information Notice on the Executive Board Discussion and Statement by the Executive Director for Guyana
International Monetary Fund (IMF); International … - 2011
Despite external and domestic shocks, the Guyanese economy demonstrated resilience and registered a fifth consecutive year of robust growth in 2010. The authorities started making payouts to Colonial Life Insurance Company (CLICO) policyholders, in line with their plans to minimize fiscal costs....
Persistent link: https://www.econbiz.de/10011243855
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Slovak Republic; 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2007
The staff report for the 2007 Article IV Consultation highlights the Slovak Republic’s macroeconomic outlook and policy discussions. The National Bank of Slovakia (NBS) has been following a hybrid monetary framework focused on restraining inflation and on maintaining the exchange rate...
Persistent link: https://www.econbiz.de/10011244946
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Belgium; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper for Belgium evaluates whether price increases in Belgium are excessive. It assesses the household and bank balance sheets and their vulnerability to a slowdown in housing prices, and identifies differences in real estate markets between Belgium and other countries. The...
Persistent link: https://www.econbiz.de/10005825451
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United Kingdom; Selected Issues
International Monetary Fund (IMF); International … - 2003
This Selected Issues paper examines the factors determining housing prices in the United Kingdom. Based on econometric evidence, the paper assesses whether recent housing price increases can be explained by fundamentals or whether they represent a temporary overshooting of housing prices,...
Persistent link: https://www.econbiz.de/10005252805
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United States; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper on the United States examines the effect of the structure of the mortgage market on real housing activity and housing prices. The market-based financial structure has reduced the volatility of mortgage lending. Changes in the structure of the mortgage market have...
Persistent link: https://www.econbiz.de/10005252961
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Spain; Vulnerabilities of Private Sector Balance Sheets and Risks to the Financial Sector Technical Notes
International Monetary Fund (IMF); International … - 2012
This technical note assesses the vulnerabilities of household and corporate sector balance sheets and quantifies the potential impacts from macroeconomic shocks using sensitivity and contingent claims analyses. The note analyzes the risks to the Spanish financial stability arising from household...
Persistent link: https://www.econbiz.de/10011242733
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Spain; Selected Issues
International Monetary Fund (IMF); International … - 2009
Spain’s housing boom was supported by rapid economic expansion, strong employment growth, an immigration boom, and low real interest rates. With the abrupt drying up of funding since mid-2007, these factors have eroded quickly. Through 2010, employment and value added in construction are...
Persistent link: https://www.econbiz.de/10011243185