Showing 1 - 10 of 763
A significant tightening of macroeconomic policy since mid-2023 has substantially reduced crisis risks. Tighter financial conditions are weighing on domestic demand and inflation has fallen. Tax and expenditure measures partly dampened an expansionary fiscal impulse and the commitment to...
Persistent link: https://www.econbiz.de/10015328375
This Selected Issues paper examines the main factors explaining Ukraine’s growth performance so far, assesses whether the recent recovery is sustainable, and provides a quantitative analysis of long-term growth prospects. It finds that the recent recovery is not yet self-sustaining and...
Persistent link: https://www.econbiz.de/10005824979
This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial sector, while agriculture performed poorly. The...
Persistent link: https://www.econbiz.de/10005825020
Canada’s macroeconomic and policy performance has continued to outshine most other industrial countries, and its outlook remains favorable. The new government has pledged to maintain the strong social consensus in favor of fiscal surpluses, while aiming at enhancing incentives. The new...
Persistent link: https://www.econbiz.de/10011243614
This paper discusses 2013 Article IV Consultation highlights slower economic performance and financial risks in Botswana. The output growth is expected to remain broadly unchanged in 2013 as strong nonmining sector growth would offset the subdued mining output. Banks’ high exposure to...
Persistent link: https://www.econbiz.de/10011244723
This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 …
Persistent link: https://www.econbiz.de/10011243576
This Selected Issues paper analyzes the capital flows in Turkey. The empirical analysis in this paper uses exchange … market pressure index to identify the determinants of capital flows to Turkey. It is observed that exchange market pressures … in Turkey seem to a degree, larger than in other emerging economies, and to be linked to risk factors, both global and …
Persistent link: https://www.econbiz.de/10011244019
This 2013 Article IV Consultation highlights that the Turkish economy achieved a welcome reduction of imbalances in 2012. In 2013, growth has accelerated significantly on the back of a monetary and fiscal policy stimulus. The economy is projected to expand by 3.8 percent this year, with private...
Persistent link: https://www.econbiz.de/10011244217
fundamentals. The main risk for Turkey remains a capital flows reversal, associated with monetary policy normalization in advance …
Persistent link: https://www.econbiz.de/10011244676
This Selected Issues paper on Turkey discusses the new monetary framework adopted by the Central Bank of Republic of … Turkey (CBRT). Instead of relying on one interest rate as inflation-targeting, the CBRT resorted to raising it as inflation …
Persistent link: https://www.econbiz.de/10011244904