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Venezuela’s current growth is generally described as unsustainable, with various negative scenarios put forth … could be sustained, or even accelerated. It finds that Venezuela’s current economic growth is sustainable and could continue …
Persistent link: https://www.econbiz.de/10010579000
additional quarters the economy returned to the pre-recession level of output, and two years after the recession started, it … reached its 20-year growth trend. This paper takes a detailed look at the fiscal, monetary, and other economic and social … policies implemented during the last five years, as well as the role of the external sector in the economy. It also examines …
Persistent link: https://www.econbiz.de/10010556772
The Argentine economy has grown 94 percent for the years 2002-2011, using International Monetary Fund projections for … the end of this year. This is the fastest growth in the Western Hemisphere for this period, and among the highest growth … Brazil, which has had less than half as much growth over the same period. …
Persistent link: https://www.econbiz.de/10009359466
This paper looks at Ecuador’s financial and regulatory reforms during the past five years, perhaps the most comprehensive of any country in the 21st century: taking control over the central bank, regulating capital outflows, taxing the financial sector, encouraging domestic investment and...
Persistent link: https://www.econbiz.de/10010641403
long-term growth failure in most of the world's countries. …
Persistent link: https://www.econbiz.de/10009003121
attempt to evaluate the Venezuelan economy's prospects in the foreseeable future. It finds that the Venezuelan economy, which … went into recession in the first quarter of 2009 after six years of record economic growth, is now most likely in recovery … Venezuelan economy grew by an estimated 5.2 percent in the second quarter of 2010, on an annualized basis. The paper then …
Persistent link: https://www.econbiz.de/10008534080
This paper looks at the planned austerity measures in Spain, the rationale for the spending cuts and tax increases, likely outcomes for future debt-to-GDP ratios, and the probable results of alternative policies.
Persistent link: https://www.econbiz.de/10008560250
This paper shows that, in spite of a reasonably sized fiscal stimulus package, Costa Rica’s economy continues on a … crisis through the provision of a credit line of foreign currency, as it has done, for example, in Mexico – a vastly larger … economy. The paper also examines the government’s macroeconomic policies in recent years, prior to the world recession, to see …
Persistent link: https://www.econbiz.de/10004964401
The IMF’s most recent World Economic Outlook (WEO), published last week, projects world economic growth will slow, from …
Persistent link: https://www.econbiz.de/10008671783
This paper is part of a discussion between CEPR and the International Monetary Fund (IMF) regarding CEPR’s paper, “IMF-Supported Macroeconomic Policies and the World Recession: A Look at Forty-One Borrowing Countries.” An IMF representative presented a response to that paper at an October...
Persistent link: https://www.econbiz.de/10008545821