This Selected Issues paper analyzes the competitive threats to the tourism sector in the Eastern Caribbean Currency …

fiscal and structural policies. The paper looks at trends and how developments in the tourism industry have contributed to …

This Selected Issues paper examines macroeconomic challenges for a highly tourism-based economy such as Cape Verde. The …

This paper focuses on the Republic of Azerbaijan's Financial Sector Assessment Program as part of Financial System … Stability Assessment. Azerbaijan's economy has recovered from two downturns prompted by the collapse of global oil prices in …. Similarly, the high reliance on oil and gas revenues renders Azerbaijan vulnerable to oil and gas price declines. This in turn …

up in Azerbaijan. The decline in oil and gas prices reduced the 2024 external surplus, but fiscal consolidation resumed …. Looking ahead, growth is projected to moderate and inflation to remain within the Central Bank of the Republic of Azerbaijan … has outlined export diversification plans that leverages Azerbaijan's geographic advantages. Reforms to enhance the role …

The first paper is on the oil boom in Azerbaijan, which presents a unique opportunity to speed up the development … macroeconomic stability and achieve fiscal sustainability is required. The second paper is on Azerbaijan's managed exchange rate …