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system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …
Persistent link: https://www.econbiz.de/10005590924
This 2004 Article IV Consultation highlights that the Libyan economy remains largely state controlled and heavily dependent on the oil sector. Since the lifting of the Libya-specific trade sanctions of the United Nation and United States in September 2003 and September 2004, respectively, the...
Persistent link: https://www.econbiz.de/10005591207
This Selected Issues paper and Statistical Appendix provide background information and analytical support for key policy issues discussed in the 2004 Article IV Consultation discussions with Mauritius. The impact of the erosion of trade preferences on exports, growth, and employment is assessed...
Persistent link: https://www.econbiz.de/10005591697
The United Kingdom’s 2005 Article IV Consultation reports that macroeconomic performance has been strong and steady, owing in part to confidence-enhancing policy frameworks and generally sound implementation. The financial system is generally healthy, although a substantial increase in...
Persistent link: https://www.econbiz.de/10005591828
This Selected Issues paper on the Arab Republic of Egypt examines the dynamic relationship between the nominal exchange rate and prices during Egypt’s exit from a managed exchange rate regime. The exit from the peg went through several phases, including a series of step devaluations...
Persistent link: https://www.econbiz.de/10005598880
inflation is associated with a higher elasticity of the poverty rate to economic downturn, but at lower inflation, there is no … relationship between inflation and the elasticity of the poverty rate to growth or recession. Trade openness and changes in the …
Persistent link: https://www.econbiz.de/10005599492
development bank lendings, financial depth, inflation rate, real interest rate, and real exchange rate distortion. The export …
Persistent link: https://www.econbiz.de/10005599766
the gain is approximately proportional to the square of the original inflation distortion. Third, successful stabilization …
Persistent link: https://www.econbiz.de/10005604833
This paper's analysis of growth and inflation dispersions in the euro area reveals several findings. First, these …
Persistent link: https://www.econbiz.de/10005604897
Growth and inflation in Turkey have been volatile over the last two decades. It would, therefore, be useful to identify … indicators that anticipate economic conditions and inflation. This paper investigates the predictive performance of economic … indicators for inflation and real output growth in Turkey. We find that (i) the forecasting ability of individual indicators is …
Persistent link: https://www.econbiz.de/10005604938