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This 2011 Article IV Consultation—Selected Issues paper focuses on estimating potential output and the output gap and spillovers from agriculture in the case of Uruguay. It introduces additional economic information and theory to estimate potential output, shedding some light on the...
Persistent link: https://www.econbiz.de/10011243752
KEY ISSUES Background: Romania has in large part reduced internal and external imbalances through sound macroeconomic policies. However, income convergence with the EU has been slow and weak public infrastructure has emerged as a bottleneck for faster growth. At the same time, Romania remains...
Persistent link: https://www.econbiz.de/10011244167
KEY ISSUES Context: Tonga’s economy is rebounding, partially owing to a recovery in agricultural exports. The outlook for tourism is also improving. The reconstruction from a recent cyclone is expected to lead to both a temporary boost to growth and additional financing needs. Risks to...
Persistent link: https://www.econbiz.de/10011245232
This Selected Issues paper on Turkey reviews a decline in private saving and adoption of a fiscal rule. As economic confidence has improved, capital inflows have surged while private saving has fallen. Together, these developments have produced current account deficits and a strong lira, raising...
Persistent link: https://www.econbiz.de/10011245633
This 2013 Article IV Consultation highlights that recent macroeconomic developments in The Federal Democratic Republic of Ethiopia are encouraging, with a significant deceleration in inflation and continued robust economic growth. Despite significant decline in coffee prices and supply...
Persistent link: https://www.econbiz.de/10011245705
KEY ISSUES Context. The economy is recovering steadily helped by supportive macroeconomic policies and improved market sentiment. There has been a welcome decline in vulnerabilities but debt levels remain elevated, leaving the economy prone to shocks, and medium-term growth prospects appear...
Persistent link: https://www.econbiz.de/10011245728
regulation and supervision include policy development, especially between Office of the Superintendent of Financial Institutions …
Persistent link: https://www.econbiz.de/10014407889
This chapter on Financial Safety Net and Crisis Management for the Canada reviews the insurance sector's regulation and …. Regulation and supervision of the insurance sector in Canada is conducted by the federal and provincial authorities. Insurers can … Financial Institutions (OSFI) is responsible for prudential regulation and supervision of federally regulated insurers. The …
Persistent link: https://www.econbiz.de/10014407890
Australia has a history of few bank failures, even fewer financial crises, and its banking sector emerged from the global financial crisis relatively well.1 With an eye toward international developments, the Australian authorities have taken commendable steps to strengthen the financial safety...
Persistent link: https://www.econbiz.de/10009679489
This Technical Note on Financial Safety Net and Crisis Management for the Canada presents the findings and recommendations made in the Financial Sector Assessment Program for Canada in the areas of bank resolution and crisis management. The note is based on the findings of the mission conducted...
Persistent link: https://www.econbiz.de/10014407892