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Threats to external stability in the pre-crisis period have now been reduced substantially and foreign non-debt creating flows have declined, sufficient to support external stability. The global economic downturn has raised challenges for evaluating the countries’ fiscal stance and fiscal...
Persistent link: https://www.econbiz.de/10014402435
This Selected Issues paper for Bosnia and Herzegovina (BiH) reports that GDP per capita in BiH is similar to that in neighboring Balkan countries. BiH risks are falling behind rather than catching up with other transition economies in terms of its economic development. This could delay the...
Persistent link: https://www.econbiz.de/10014404528
This Selected Issues paper examines the risks and structural weaknesses in Bosnia and Herzegovina. The paper provides an estimate of the current account adjustment required to stabilize net foreign liabilities. It uses the external sustainability approach of the Consultative Group on Exchange...
Persistent link: https://www.econbiz.de/10014404683
This Selected Issues paper provides background information for the 1998 Article IV Consultation with Bosnia and Herzegovina. The paper contains an overview of economic and political developments. It describes the establishment of the Central Bank of Bosnia and Herzegovina, developments in the...
Persistent link: https://www.econbiz.de/10014398623
percent of GDP. But official current account statistics suffer from several shortcomings. Possible sources of the savings …
Persistent link: https://www.econbiz.de/10014405299
Canada to exit the global crisis on a strong footing. Executive Directors encouraged authorities to maintain their prudent … that Canada is well positioned to adapt its financial regulatory framework to emerging international initiatives. Further …
Persistent link: https://www.econbiz.de/10014401889
After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic expansion remained subpar in the fourth quarter. The fiscal policy has continued to...
Persistent link: https://www.econbiz.de/10014395393
KEY ISSUES Economic Outlook: Strong private consumption and residential investment helped Canada recover quickly from … in activity over the near future, and the moderation in the housing sector since mid-2012 suggest the Bank of Canada has … resources. Financial sector policies: While Canada’s financial supervisory and regulatory framework is strong, there is room to …
Persistent link: https://www.econbiz.de/10014411286
Canada’s macroeconomic and policy performance has continued to outshine most other industrial countries, and its …
Persistent link: https://www.econbiz.de/10014405392
Timor-Leste weathered the global financial crisis well and experienced healthy economic growth rates. It has made solid progress in strengthening the public financial management systems. The budget document provides comprehensive information; fiscal transparency is high. The Ministry of Finance...
Persistent link: https://www.econbiz.de/10014402438