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Persistent link: https://www.econbiz.de/10000680237
This paper discusses key issues related to the economy of the United Kingdom. The U.K. economy has performed well in recent years, but it faces important challenges and risks. In the near term, the largest risks and uncertainties relate to the upcoming European Union (EU) referendum. In the...
Persistent link: https://www.econbiz.de/10011675307
Persistent link: https://www.econbiz.de/10001749140
Institutional development in new and potential member countries determines the success of both the catching-up of developing European countries and the deepening of the European integration process. This paper argues that the timing of future enlargement should depend on institutional...
Persistent link: https://www.econbiz.de/10003208029
Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national currency with the euro, but can choose when to request...
Persistent link: https://www.econbiz.de/10014406385
This paper discusses Republic of Serbia's 2019 Article IV Consultation and Second Review Under the Policy Coordination … Instrument. Serbia's macroeconomic performance, supported by the Policy Coordination Instrument, has been strong. Growth has been …, Serbia remains vulnerable to spillovers from external developments, including weaker-than-expected growth in key trading …
Persistent link: https://www.econbiz.de/10012108335
Recent economic developments. The program is broadly on track and the economy is growing strongly, supported by private consumption, investment, and exports. Fiscal performance remains sound, modernization of the tax administration has accelerated, and public debt has fallen sharply. Inflation...
Persistent link: https://www.econbiz.de/10012109240
This paper discusses the Republic of Serbia's Third Review Under the Policy Coordination Instrument (PCI). Serbia is …
Persistent link: https://www.econbiz.de/10012154102
This paper discusses Serbia's Fourth and Fifth Reviews Under the Stand-By Arrangement and Rephasing of the Arrangement … elections. Further structural reforms are required to improve the business climate and support Serbia's medium-term growth …
Persistent link: https://www.econbiz.de/10011689139
The program remains on track and the economy continues to strengthen. Significant fiscal over-performance and renewed efforts to address structural weaknesses have helped boost confidence. This, along with a healthy credit recovery on the back of substantial monetary policy easing, has helped...
Persistent link: https://www.econbiz.de/10011690630