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The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I …
Persistent link: https://www.econbiz.de/10005825622
This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that potential growth is probably lower than was...
Persistent link: https://www.econbiz.de/10011242465
In this study, China’s economic developments and policies are discussed. Economic growth has been increased by expanding infrastructure and real estate construction. The policy measures outlined in the twelfth five-year plan and implementation of financial reform are important for...
Persistent link: https://www.econbiz.de/10011242493
Persistent link: https://www.econbiz.de/10011242526
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.
Persistent link: https://www.econbiz.de/10011242534
This 2013 Article IV Consultation highlights that growth in Uruguay has moderated to a more sustainable pace since 2012, mostly owing to weaker external demand. Real GDP growth is projected at 4 percent in 2013 and 3.5 percent in 2014. Fiscal policy loosened in 2012 and is set to remain slightly...
Persistent link: https://www.econbiz.de/10011242539
Following an evaluation of the first Poverty Reduction Strategy Framework (PRSF) of Mali, the government adopted the Growth and Poverty Reduction Strategy Framework (GPRSF) document, which aims at reducing poverty and achieving the MDGs. The Accelerated Growth Strategy, which maintains...
Persistent link: https://www.econbiz.de/10011242639
to ease the adjustment of the housing and labor markets. Strengthening the domestic and international crisis …
Persistent link: https://www.econbiz.de/10011242773
This Technical Note on the housing market in Malaysia focuses on price developments in the Malaysian housing market and … of its sustainability. Malaysia maintains a one-fourth time series for the housing prices index, tracing back to the 1990 …s. The second half of 2010 marks a clear change in the evolution of housing prices. The break-down of the structural …
Persistent link: https://www.econbiz.de/10011242822
New Zealand’s economy continued to grow at a moderate rate, in part reflecting the effects of the recent drought and inflation. The macroeconomic policy has been framed to absorb adverse shocks with flexible exchange rates to serve as buffer. The planned pace of deficit reduction is...
Persistent link: https://www.econbiz.de/10011242832