In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This paper reviews economic developments in Indonesia during 1994–96. Following the easing of domestic demand pressures, the focus of monetary policy shifted in early 1993/94 to supporting economic growth, as concerns developed over an incipient weakening of export performance and output. At...

This Selected Issues paper examines Netherlands’ experience with macroeconomic and structural reforms. The reforms, which were introduced gradually and in a consultative manner, were comprehensive in their coverage. They included a credible monetary policy, based on a tight link to the...

This Background Paper presents a long-term perspective on investment and output performance in Uganda, beginning after the country gained independence in the early 1960s. Against the background of long-term trends in savings, investment, and output, the paper describes the initial conditions...

This Background Papers and Statistical Update analyzes economic and financial developments in Burkina Faso during 1991–95. Real GDP growth averaged 2.3 percent per year during 1990–94. This outcome represented a substantial decline in real GDP per capita income. Growth in agricultural...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This Recent Economic Developments and Selected Issues paper highlights that Germany’s recovery from the 1993 recession, which had already been weaker than the previous three recoveries, stalled in the third quarter of 1995; output subsequently contracted in the fourth quarter of 1995 and first...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This paper reviews economic developments in Japan during the 1990s. The paper focuses on the weak recovery that began in 1994, against the background of the long and deep recession from mid-1991 to late 1993. Output and labor market developments are described. The paper examines the sharp...

This paper reviews economic developments in New Zealand during 1992–95. According to the production measure, growth began to pick up in the middle of 1991, rising to about 3 percent in 1992/93, before jumping to nearly 6 percent in each of 1993/94 and 1994/95. Although export performance...