Search Results - subject:"Current Account Deficits" - EconBiz

Income Inequality and Current Account Imbalances

Ranciere, Romain; Throckmorton, Nathaniel A.; Kumhof, … - International Monetary Fund (IMF) - 2012

investors. Loans to workers from domestic and foreign investors support aggregate demand and result in current account deficits … account deficits. Cross-sectional econometric evidence shows that higher top income shares, and also financial liberalization …. Financial liberalization helps workers smooth consumption, but at the cost of higher household debt and larger current account …

Persistent link: https://www.econbiz.de/10009654172

Rwanda; Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; Press Release

International Monetary Fund (IMF); International … - 2012

The Rwandan economy continued to grow strongly in 2011, and significant progress in poverty reduction has been achieved. The Fourth Review Under the Policy Support Instrument (PSI) highlights that the fiscal framework for 2012/13 is in line with the main objectives of the PSI, and the...

Persistent link: https://www.econbiz.de/10011242517

Suriname; Staff Report for the 2012 Article IV Consultation

International Monetary Fund (IMF); International … - 2012

The economy continues to recover at a steady pace, buoyed by strong activity in the oil and gold sectors, as well as public investment. In the wake of the January 2011 devaluation and concurrent increase in taxes, the fiscal balance shifted from a deficit of 3 percent of GDP in 2010 to a surplus...

Persistent link: https://www.econbiz.de/10011242538

Mexico; Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangementâ€”Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2012

The report discusses the important role of the Flexible Credit Line (FCL) in helping Mexico to survive in the fragile global economic environment. The FCLâ€™s contribution in maintaining an orderly financial market in Mexico is noteworthy. IMF staff reaffirms their commitment toward Mexico...

Persistent link: https://www.econbiz.de/10011242587

Republic of Croatia; Selected Issues

International Monetary Fund (IMF); International … - 2012

This paper on Selected Issues was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on October 23, 2012. The views expressed in this...

Persistent link: https://www.econbiz.de/10011242730

Romania: Fifth Review Under the Stand-By Arrangement; Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Romania.

International Monetary Fund (IMF); International … - 2012

Growth in Romania is likely to moderate in 2012, weighed down by the euro area slowdown. The Fifth Review Under the Stand-By Arrangement highlights that Romaniaâ€™s overall track record under the program continues to be strong. All performance criteria for the fifth program review were met,...

Persistent link: https://www.econbiz.de/10011242918

New Zealand; 2012 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice

International Monetary Fund (IMF); International … - 2012

The New Zealand economy continues to grow at a modest pace. The 2012 Article IV Consultation reports that domestic demand has remained soft as households and businesses continue to deleverage amid a weak housing market and an uncertain outlook. Executive Directors endorse that output growth...

Persistent link: https://www.econbiz.de/10011242988

Morocco; Request for an Arrangement Under the Precautionary and Liquidity Line: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Morocco.

International Monetary Fund (IMF); International … - 2012

Moroccoâ€™s track record of sound economic policies helped it withstand the recent economic crisis and regional social events. High oil prices have contributed to a build-up of fiscal and external pressures, but the government has taken action to address these vulnerabilities and are...

Persistent link: https://www.econbiz.de/10011243016

Sierra Leone; Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Financing Assurances Review: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Sierra Leone.

International Monetary Fund (IMF); International … - 2012

The discussions took place in Freetown during March 29â€“April 11, 2012; and in Washington (April 21â€“24, 2012). They focused on conditions for completing the fourth ECF review, corrective measures to be implemented to address fiscal slippages that had occurred in late 2011, and policies...

Persistent link: https://www.econbiz.de/10011243272

Namibia; Staff Report for the 2011 Article IV Consultation.

International Monetary Fund (IMF); International … - 2012

Namibiaâ€™s government has launched a major three-year fiscal initiative in 2011 aimed at increasing growth and employment. Public debt is rising rapidly, from a low base. The authorities intend to unwind the fiscal expansion in 2014. Fiscal consolidation would help keep public debt to a...

Persistent link: https://www.econbiz.de/10011243388

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