Showing 1 - 10 of 238,258
The major risk factors faced by the Isle of Man (IOM), which have been given prominence by the global financial crisis, relate to large exposures toward parent banks. The recent global financial markets turmoil has had a significant impact on the Manx financial system. The paper also presents a...
Persistent link: https://www.econbiz.de/10011243882
This 2003 Article IV Consultation highlights that the South African economy performed well in 2002, notwithstanding difficult global economic conditions. Supported by sound macroeconomic management and a highly competitive exchange rate, real GDP growth rose to 3.0 percent in 2002 from 2.8...
Persistent link: https://www.econbiz.de/10005248115
This 2004 Article IV Consultation highlights that economic growth in South Africa slowed in 2003 to 1.9 percent, from 3.6 percent in 2002, despite strong domestic demand. Fuelled by low interest rates, a more expansionary fiscal stance, and the wealth effects from strong commodity and property...
Persistent link: https://www.econbiz.de/10005767390
Although Turkey’s economic performance has been strong, growing external imbalances exposed the country to a reversal of sentiment. In the wake of recent market turbulence, the authorities have recommitted to strong policies and stepped up program implementation. The authorities’...
Persistent link: https://www.econbiz.de/10011242971
have contributed to double-digit growth in a low-inflation environment, a continued reduction in poverty, and a notable …
Persistent link: https://www.econbiz.de/10011242815
This paper discusses key findings of the Third Review for Peru and Inflation Consultation Under the Stand …-By Arrangement. All performance criteria for end-December 2007 and end-March 2008 were observed, but inflation in March exceeded the … upper limit of the program’s consultation band around the official inflation target range. The end-March structural …
Persistent link: https://www.econbiz.de/10011242671
This paper discusses key findings of the Seventh Review and Inflation Consultation Under the Stand-By Arrangement for …
Persistent link: https://www.econbiz.de/10011244025
With the recovery from the 2002 crisis well advanced, discussions focused on policies to reduce remaining vulnerabilities and sustain growth. Sensitivity analysis suggests that the economy, while having become more resilient in recent years, is still vulnerable. The authorities agreed to...
Persistent link: https://www.econbiz.de/10011243872
should support the rupiah and help dampen inflation, but a more automatic mechanism for recycling official reserves would, in …
Persistent link: https://www.econbiz.de/10011245364
ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation …
Persistent link: https://www.econbiz.de/10011244819