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During the twin crises of 2008–09 Georgia’s foreign exchange reserves have been exposed to a number of external and internal drains. Its exports declined by 21 percent from peak to trough. Bank deposits declined by more than 20 percent in late 2008–early 2009, while deposit dollarization...
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This Selected Issues paper reviews the financial sector development in Georgia in recent years, and investigates why it has lagged behind economic development, as well as developments in more advanced transition economies. The paper briefly reviews recent financial sector development in Georgia,...
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This paper describes economic developments in Peru during the 1990s. During 1990–92, real GDP growth was negative by 0 …
Persistent link: https://www.econbiz.de/10014397340
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/10014397406
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/10014397728
This Selected Issues paper reviews economic developments in Peru during 1995–98. In July 1996, the Executive Board of … the IMF approved a follow-up extended arrangement in support of Peru’s program for 1996–98. After a slowdown in 1996 …-1997. During 1996–97, Peru restructured the debt owed to foreign commercial and Paris Club bilateral creditors …
Persistent link: https://www.econbiz.de/10014398210