Guyana; Selected Issues

The aim is to analyze the main channels of transmission for shocks from the global economy to Guyana and assess their specific spillover magnitudes. The paper documents the transmission channels of external shocks to the real economy and the financial sector, citing magnitudes and risks. It then describes the policy response, including recent directions of monetary and fiscal policies to weather the spillover of external shocks on the domestic economy through the real and trade channel, and provides an outlook for the envisaged recovery of the global economy.

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Year of publication:	2010-09-17
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Agricultural exports \| Banking sector \| Debt sustainability \| Fiscal consolidation \| Global Financial Crisis 2008-2009 \| Selected issues \| Sugar \| structural fiscal \| fiscal policy \| fiscal balance \| fiscal stance \| fiscal impulse \| fiscal policies \| preference erosion \| public debt \| world market \| commodity prices \| medium-term fiscal framework \| fiscal framework \| trade preferences \| external shocks \| net exports \| fiscal revenue \| fiscal discipline \| export markets \| fiscal frameworks \| fiscal deficit \| fiscal impulses \| output growth \| domestic demand \| fiscal revenues \| fiscal responsibility \| cyclical fiscal policies \| medium-term fiscal frameworks \| public finances \| current account balance \| current account deficit \| budget management \| fiscal indicators \| export sectors \| export volumes \| fiscal responsibility law \| world prices \| oil prices \| fiscal rules \| world market price \| fiscal savings \| export prices \| tax revenues \| fiscal policy framework \| fiscal balances \| import prices \| gross exports \| fiscal rule \| trading partners \| tax collections \| global standards \| fiscal effort \| fiscal tightening \| fiscal space \| discretionary fiscal policies \| member country \| tariff rate \| fiscal position \| fiscal policy response \| external tariff \| fiscal strategy \| medium-term fiscal strategy \| common market \| fiscal cost \| output elasticity \| fiscal costs \| discretionary fiscal policy \| preferential agreements \| expansionary fiscal \| fiscal consolidation effort \| exchange rate policies \| fiscal positions \| monetary union \| fiscal consolidation efforts \| prudent fiscal policy \| tax revenue \| primary expenditure \| prudent fiscal policies \| fiscal accounts \| trade agreement \| world growth \| external financing \| domestic consumption \| fiscal responsibility laws \| exporting countries \| fiscal transparency \| fiscal performance \| domestic economy \| preferential access \| fiscal adjustment \| preferential trade \| open market \| preferential trade agreement

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/293 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243927