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This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but also reflected a more moderate decline in the amount...
Persistent link: https://www.econbiz.de/10005825549
increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between …
Persistent link: https://www.econbiz.de/10011244125
This paper discusses the progress report on the National Economic Empowerment and Development Strategy (NEEDS) for Nigeria. The NEEDS 2004–07 is Nigeria’s reform based medium-term plan for economic recovery, growth, and development. Fiscal and monetary policies have been carefully...
Persistent link: https://www.econbiz.de/10011242885
The COVID-19 outbreak is leading to a sharp economic contraction and creating significant financing needs in South Africa. The IMF approved US$4.3 billion in emergency financial assistance under the Rapid Financing Instrument (RFI) to support the authorities' efforts in addressing the...
Persistent link: https://www.econbiz.de/10015057933
This technical assistant report on South Africa focuses on monetary and financial statistics (duty station-based) mission. The mission developed bridge tables from the source data of money market funds (MMFs), the Land Bank, and Ithala SOC to 2SR. The mission estimated that reclassifying the...
Persistent link: https://www.econbiz.de/10015059229
This Selected Issues paper explores the link between social grants and employment in South Africa. Social grants have … social grants, means-tested and unconditional on employment, and employment in South Africa. The country's social grant … decade to find that old age and disability grant recipients are less in employment as intended by the social program …
Persistent link: https://www.econbiz.de/10015059385
This 2023 Article IV Consultation highlights that South Africa's economy is facing mounting economic and social challenges. Growth moderated from 4.9 percent in 2021 to 2.0 percent in 2022 as the country was buffeted by Russia's war in Ukraine, global monetary policy tightening, severe floods,...
Persistent link: https://www.econbiz.de/10015059386
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409346
South Africa has made significant progress in strengthening its macroprudential policy framework and foundations since the 2014 FSAP. Institutional arrangements were overhauled by the 2017 Financial Sector Regulations Act that, among others, introduced the current 'Twin Peaks' structure,...
Persistent link: https://www.econbiz.de/10015060339
The South African insurance sector is large, complex, internationally active, and competitive. Supported by high penetration and density of insurance products, the insurance sector has grown to account for 18 percent of the financial sector in South Africa. The industry hosts an unusually...
Persistent link: https://www.econbiz.de/10015060340