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This paper discusses 2013 Article IV Consultation highlights slower economic performance and financial risks in Botswana. The output growth is expected to remain broadly unchanged in 2013 as strong nonmining sector growth would offset the subdued mining output. Banks’ high exposure to...
Persistent link: https://www.econbiz.de/10011244723
This Selected Issues Paper focuses on the economic and financial ties between Poland and the euro area and analyzes the associated spillovers. It documents stylized facts about trade, vertical integration, foreign direct investment, and banking system linkages between Poland and core euro area...
Persistent link: https://www.econbiz.de/10011242491
This Selected Issues paper analyzes core and idiosyncratic inflation in Norway. The paper provides estimates of … underlying inflation, using a statistical technique to decompose inflation and a measure of core inflation into “common†and â …€œidiosyncratic†components. It finds that overall inflation is not far from its underlying value, as estimated by the common component, while …
Persistent link: https://www.econbiz.de/10011244746
Persistent link: https://www.econbiz.de/10011245696
This report examines recent economic developments and regional policy issues in the West African Economic and Monetary Union (WAEMU). Although progress has been achieved on the integration front since 1994, including the establishment of a customs union and the creation of the economic union,...
Persistent link: https://www.econbiz.de/10005252947
Honduras’s Third Review under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria are discussed. The current stance of monetary and exchange rate policies are broadly appropriate, and financial sector reforms are proceeding. Progress...
Persistent link: https://www.econbiz.de/10005824978
This 2004 Article IV Consultation highlights that the Libyan economy remains largely state controlled and heavily dependent on the oil sector. Since the lifting of the Libya-specific trade sanctions of the United Nation and United States in September 2003 and September 2004, respectively, the...
Persistent link: https://www.econbiz.de/10005591207
shock. Past fiscal policy failures, notably insufficient adjustment during economic upswings, have strained the Stability …
Persistent link: https://www.econbiz.de/10005599011
This 2006 Article IV Consultation highlights that with high oil prices and a significant policy stimulus, the Iranian economy continued to grow strongly in 2005–06. Real GDP growth is estimated at 5½ percent. Oil GDP growth was modest owing to capacity constraints, while non-oil GDP...
Persistent link: https://www.econbiz.de/10011242757
of this has come through nominal appreciation during the last year. IMF staff welcomed the greater focus on inflation …
Persistent link: https://www.econbiz.de/10011242831