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strategies of I-O bonds and impacts on prices from the I-O optionality. It is found that the I-O feature necessitates a …
Persistent link: https://www.econbiz.de/10005644713
This paper estimates bond-by-bond "haircuts"-realized investor losses-in recent debt restructurings in Russia, Ukraine …
Persistent link: https://www.econbiz.de/10005825806
system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …
Persistent link: https://www.econbiz.de/10005590924
This study is carried out against a backdrop of deep divisions in Greece and in Europe over how to handle the challenges now confronting Greece. Greece’s deeper medium-term policy needs and identifying ways to replace the expected market financing are discussed. Structural reforms tackled...
Persistent link: https://www.econbiz.de/10011244444
Mali’s 2008 Article IV Consultation and request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility are discussed. Mali’s economy has doubled in size since the democratic transition of the early 1990s. Sound macroeconomic management has produced growth...
Persistent link: https://www.econbiz.de/10011245039
This paper assesses Rwanda’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Performance Criteria. Performance under the PRGF-supported program has been encouraging. However, poverty is pervasive, and the...
Persistent link: https://www.econbiz.de/10005252837
This Selected Issues paper examines prospects for increasing growth and reducing poverty in the Solomon Islands. The paper highlights that agriculture constitutes the largest sector of the Solomon Islands economy, averaging about 20 percent of GDP throughout the 1990s. The Solomon Islands also...
Persistent link: https://www.econbiz.de/10005824908
debt and debt service during the 1990s. To reduce growth volatility, since the mid-1990s, the government has attempted to …
Persistent link: https://www.econbiz.de/10005825547
This paper examines Mali’s 2001 Article IV Consultation, Third Review Under the Poverty Reduction and Growth Facility (PRGF), Third Annual Program, and Request for Modification of Performance Criteria. Program implementation to date has been satisfactory, with all quantitative performance...
Persistent link: https://www.econbiz.de/10005591225
The Poverty Reduction Strategy Paper (PRSP) has been prepared in a context of major political changes. Interim PRSP has come in the midst of a difficult economic situation, marked by falling output and incomes. The strategy seeks to strengthen the processes of consolidating peace and security;...
Persistent link: https://www.econbiz.de/10005591618