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El Salvador; 2010 Article IV Consultation and First Review Under the Stand-By Arrangement: Staff Report; Public Information Notice and Press Release on the Executive Board Discussi...
International Monetary Fund (IMF); International … - 2010
The Salvadoran economy was severely affected by the global economic slowdown. Further strengthening the economy’s growth prospects and reducing poverty will depend on a durable fiscal consolidation effort and improvements in the investment climate through continued commitment to...
Persistent link: https://www.econbiz.de/10011245223
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Liberia; 2010 Article IV Consultation and Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Public Information Notice and Press Release...
International Monetary Fund (IMF); International … - 2010
. The scope for an active monetary policy remains limited owing to high levels of dollarization and the lack of monetary …
Persistent link: https://www.econbiz.de/10011245434
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Analyzing Balance Sheet Vulnerabilities in a Dollarized Economy; The Case of Georgia
Billmeier, Andreas; Mathisen, Johan - International Monetary Fund (IMF) - 2006
-high level of dollarization continues to create financial vulnerabilities, but that the overall level of currency mismatch has …
Persistent link: https://www.econbiz.de/10005825889
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Peru; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This paper discusses Peru’s economic performance in 2012. The impressive growth is owed to its strong fundamentals and sound policy management. However, the economy is vulnerable to short-term shocks. A low growth in China or in the United States could hamper Peru’s macroeconomic...
Persistent link: https://www.econbiz.de/10011242761
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El Salvador; Request for a Stand-By Arrangement and Cancellation of Current Arrangement: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executi...
International Monetary Fund (IMF); International … - 2010
This paper discusses El Salvador’s Request for a Stand-By Arrangement and cancellation of the current arrangement. The program seeks to preserve financial stability, safeguard the economic recovery, and strengthen the medium-term fiscal position. Fiscal policy will aim at offsetting the...
Persistent link: https://www.econbiz.de/10011242802
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Georgia; Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria
International Monetary Fund (IMF); International … - 2010
This paper discusses key findings of the Fifth Review Under the Stand-By Arrangement for Georgia. The 2010 program sets out a viable exit strategy from official external support, permitting the Georgian authorities to return to capital markets ahead of their large debt rollover needs in...
Persistent link: https://www.econbiz.de/10011243867
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Peru; 2011 Article IV Consultation: Staff Report; Supplement; and Public Information Notice
International Monetary Fund (IMF); International … - 2012
This 2011 Article IV Consultation reports that Peru’s activity is expected to decelerate in 2011–12 to slightly below trend while inflation declines toward the target and the external current account deficit remains contained. Short-term risks are markedly to the downside given...
Persistent link: https://www.econbiz.de/10011244083
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Economic Policy in a Highly Dollarized Economy; The Case of Cambodia
International Monetary Fund (IMF); International … - 2003
, which achieved almost complete dollarization during 1991-95, the authors review recent developments in the literature on … dollarization and examine the costs and benefits of dollarization in Cambodia, including the ensuing macroeconomic policy … degree of dollarization. In addition to this analysis, the authors present a short description of Cambodia’s economic …
Persistent link: https://www.econbiz.de/10005590965
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Cambodia; 2007 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2007
This 2007 Article IV Consultation underlies that strong macroeconomic policies have enabled Cambodia to achieve impressive growth and make inroads into poverty. Supported by prudent fiscal and monetary policies that have strengthened the economy’s resilience to shocks, growth has averaged...
Persistent link: https://www.econbiz.de/10011244160
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Sierra Leone: 2013 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility
International Monetary Fund (IMF); International … - 2013
This 2013 Article IV Consultation highlights that Sierra Leone has made significant progress in macroeconomic stabilization over the last five years. Real GDP growth averaged some 7 percent, driven by output expansion in agriculture, mining, and services; as well as the scaling-up of...
Persistent link: https://www.econbiz.de/10011244166