Showing 1 - 10 of 1,858
This paper presents the staff report for the combined Liberia’s 2008 Article IV Consultation and the first review under the Three-Year Arrangement under the Poverty Reduction and Growth Facility. The international community is supporting the Liberian government’s efforts to reform...
Persistent link: https://www.econbiz.de/10011244653
The Salvadoran economy was severely affected by the global economic slowdown. Further strengthening the economy’s growth prospects and reducing poverty will depend on a durable fiscal consolidation effort and improvements in the investment climate through continued commitment to...
Persistent link: https://www.econbiz.de/10011245223
The two newly autonomous countries within the Kingdom of the Netherlands face substantial challenges. Growth has been low, and unemployment high. The current account deficit has widened to worrisome levels, increasing the vulnerability of the peg to the U.S. dollar and stimulating calls for...
Persistent link: https://www.econbiz.de/10011245227
. The scope for an active monetary policy remains limited owing to high levels of dollarization and the lack of monetary …
Persistent link: https://www.econbiz.de/10011245434
This paper examines Uruguay’s Request for a Stand-By Arrangement. Although the external current account shifted to a moderate deficit, mainly reflecting the recovery in imports, export performance has been robust, and gross international reserves are now about three-fourths their...
Persistent link: https://www.econbiz.de/10005252958
This paper discusses Peru’s economic performance in 2012. The impressive growth is owed to its strong fundamentals and sound policy management. However, the economy is vulnerable to short-term shocks. A low growth in China or in the United States could hamper Peru’s macroeconomic...
Persistent link: https://www.econbiz.de/10011242761
This paper discusses El Salvador’s Request for a Stand-By Arrangement and cancellation of the current arrangement. The program seeks to preserve financial stability, safeguard the economic recovery, and strengthen the medium-term fiscal position. Fiscal policy will aim at offsetting the...
Persistent link: https://www.econbiz.de/10011242802
This Selected Issues paper analyzes economic performance of Ecuador under dollarization. The paper reviews the … principal trade-offs normally associated with official dollarization, and their specific relevance to Ecuador. It discusses … Ecuador’s performance under the dollarization regime, highlighting the country’s main achievements and challenges in the …
Persistent link: https://www.econbiz.de/10011243239
Despite the oil price shock, growth has been high. Discussions focused on the policies needed to reduce Costa Rica’s vulnerabilities, enhance growth, and reduce poverty in a lasting way. Passage of a substantial tax reform is essential. To bring inflation down to low single digits, the...
Persistent link: https://www.econbiz.de/10011243244
The IMF forged an important partnership with the Uruguayan government aiming to help the country overcome its worst financial and economic crisis. The early termination of the program is seen as a sign of success, primarily for the government and also for the IMF. The delays and the unfinished...
Persistent link: https://www.econbiz.de/10011243640