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The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries, its recovery has been sluggish. France has become a...
Persistent link: https://www.econbiz.de/10011244581
Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking …
Persistent link: https://www.econbiz.de/10011082760
Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking …
Persistent link: https://www.econbiz.de/10011082767
banking system. …
Persistent link: https://www.econbiz.de/10011242460
region, improving financial stability in Sweden would also contribute to financial stability across the Nordics, as would …
Persistent link: https://www.econbiz.de/10011243560
banking system has weathered the global financial crisis relatively well. Executive Directors have noted that Panama is facing …
Persistent link: https://www.econbiz.de/10011244189
consolidation efforts have brought down the fiscal deficit. The banking system is recovering. Nonresident deposits in the banking …
Persistent link: https://www.econbiz.de/10011244264
This paper discusses the Former Yugoslav Republic of Macedonia’s Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria and Rephasing of the Program. The 2007 fiscal deficit target increased modestly to 1 percent of GDP. Taxes were cut and budget...
Persistent link: https://www.econbiz.de/10011244281
The IMF’s Executive Board completed the first review under the Extended Credit Facility (ECF) arrangement in June 2010 and decided that the Democratic Republic of Congo (DRC) had reached the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. In 2010, an...
Persistent link: https://www.econbiz.de/10011244358
Following an extended period of strong economic performance, Vietnam is facing considerable challenges. Growth moderated to 6.2 percent in 2008. Rapid credit growth fueled by massive capital inflows, coupled with a surge in commodity prices, led to high inflation and large trade deficits in the...
Persistent link: https://www.econbiz.de/10011244400