Showing 1 - 10 of 18,707
a third of the developing world has been able to escape the procyclicality trap. Yet, little is known about the evidence …
Persistent link: https://www.econbiz.de/10010829327
This paper discusses key findings of the Third Review for Peru and Inflation Consultation Under the Stand …-By Arrangement. All performance criteria for end-December 2007 and end-March 2008 were observed, but inflation in March exceeded the … upper limit of the program’s consultation band around the official inflation target range. The end-March structural …
Persistent link: https://www.econbiz.de/10011242671
inflation down to low single digits, the authorities plan to recapitalize the central bank and move gradually to a more flexible …
Persistent link: https://www.econbiz.de/10011243244
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
toolkit of emerging markets, including debt restructurings and conversions, higher inflation, capital controls and other forms … economies, where debt restructuring or conversions, financial Repression, and a tolerance for higher inflation, or a combination …
Persistent link: https://www.econbiz.de/10010790367
We propose and implement a framework for characterizing and monitoring the global business cycle. Our framework utilizes high-frequency data, allows us to account for a potentially large amount of missing observations, and is designed to facilitate the updating of global activity estimates as...
Persistent link: https://www.econbiz.de/10008839326
This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost four decades, takes into account a broad range of determinants of growth as well as various estimation issues including reverse causality...
Persistent link: https://www.econbiz.de/10008646412
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/10011243646
Macroeconomics is a separate discipline of the Economy that studies and analyzes the behaviour of economic aggregates and significant average, such as price level, national income, national income potential, the gap GDP, employment and unemployment of labour, investment and export of the whole...
Persistent link: https://www.econbiz.de/10008853334
national product, economic growth, aggregate employment, inflation and so on, and relevant relationships established between …
Persistent link: https://www.econbiz.de/10005403716