Showing 71 - 80 of 218,926
This paper discusses Sierra Leone’s Request for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). Sierra Leone has made considerable progress during the last PRGF-supported program toward macroeconomic stability. Macroeconomic performance was generally...
Persistent link: https://www.econbiz.de/10011245077
The Sixth Review Under the Extended Arrangement with Ireland highlights that Ireland’s policy implementation has continued to be steadfast. Ownership of the program remains strong despite the considerable challenges the country is facing. Ireland’s progress in strengthening the...
Persistent link: https://www.econbiz.de/10011243878
Jamaica has performed well under the Stand-By Arrangement program. Executive Directors commended that overall macroeconomic performance under the program has been encouraging. Directors welcomed the program aimed at fiscal responsibility legislation and central treasury management, public debt...
Persistent link: https://www.econbiz.de/10011243799
Fiscal problems have long been considered a central feature of financial--that is, currency, debt, and banking--crises. This paper addresses four questions: What are the fiscal causes of crises? Which fiscal vulnerability indicators help to predict crises? Can fiscal variables explain the...
Persistent link: https://www.econbiz.de/10005590938
In this study, China’s economic developments and policies are discussed. Economic growth has been increased by expanding infrastructure and real estate construction. The policy measures outlined in the twelfth five-year plan and implementation of financial reform are important for...
Persistent link: https://www.econbiz.de/10011242493
capital markets, including excessive issue size relative to the intended use of bond proceeds, issuance of bullet bonds, and … financing options, including international bonds, for many emerging market (EM) economies and LICs. This paper presents some of … the advantages and disadvantages of international debut bonds, within a debt sustainability framework. It outlines key …
Persistent link: https://www.econbiz.de/10005263693
This 2004 Article IV Consultation highlights that economic activity has been gathering speed in Estonia. Year-over-year growth accelerated to 6.8 percent in 2004 Q1 from 5.8 percent in 2003 Q1, driven by domestic demand and supported by technology sector exports. Inflation accelerated in the...
Persistent link: https://www.econbiz.de/10005824961
This paper studies the implications of foreign currency deposits (FCDs) for international liquidity shortages in Pakistan. The analysis focuses on how the large volume of FCDs and the specific institutional characteristics of those deposits have made the Pakistan economy highly vulnerable to...
Persistent link: https://www.econbiz.de/10005826483
This technical note on financing of the private sector for Mexico describes the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Equity issuance has not played an important role in financing the private sector in Mexico...
Persistent link: https://www.econbiz.de/10011244184
Uruguay’s Second Review Under the Stand-By Arrangement and Requests for Modification, Waiver of Nonobservance and Applicability of Performance Criteria are discussed. Growth remains robust, inflation is subdued, and the external position continues to strengthen, with buoyant exports and...
Persistent link: https://www.econbiz.de/10011245054