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This 2005 Article IV Consultation highlights that Namibia recorded robust real GDP growth, falling inflation, a strong external current account surplus, and continued low external indebtedness over the last two years. Real GDP grew by 6 percent in 2004, as new marine technologies prompted a...
Persistent link: https://www.econbiz.de/10011243600
The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private sector. High import content, particularly from public infrastructure...
Persistent link: https://www.econbiz.de/10011244336
The Belgian economy showed considerable progress through 2011 in terms of both growth and employment. However, the 2013 Article IV Consultation underlines that the European recession has had a negative impact on its economy, giving rise to unemployment. The economy has entered its second year of...
Persistent link: https://www.econbiz.de/10011242474
with the Basel Core Principles (BCPs) for effective banking supervision. The National Bank of Belgium (NBB) deploys high …
Persistent link: https://www.econbiz.de/10011243209
This 2015 Article IV Consultation highlights that Belgian economy has shown considerable resilience but the outlook is weighed down by weak demand in Europe. Healthy private balance sheets, integration with Germany, and employment support schemes have helped sustain employment and economic...
Persistent link: https://www.econbiz.de/10011243276
regulatory and supervisory approaches between the National Bank of Belgium (NBB) and the Financial Services and Markets Authority …
Persistent link: https://www.econbiz.de/10011243464
The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront challenges related to legacy assets and economic uncertainties in Europe. The Belgian authorities have made significant progress in updating the insurance regulatory regime and...
Persistent link: https://www.econbiz.de/10011244392
Belgian financial conglomerates (FCs) remained important players in the Belgian financial sector, despite significant restructuring following the global financial crisis. FCs operated in multiple streams of the financial sector, especially in banking and insurance. Owing to their economic reach...
Persistent link: https://www.econbiz.de/10011244943
This Selected Issues paper illustrates the recent evolution in Belgian housing prices. Belgian housing prices peaked at the end of 2013 after a persistent increase that was almost continuous for 30 years. The stabilization of prices, combined with policy changes on the fiscal and...
Persistent link: https://www.econbiz.de/10011245071
The ability of the National Bank of Belgium (NBB) to provide emergency liquidity assistance to solvent but temporarily …
Persistent link: https://www.econbiz.de/10011245189