Recent improvements in statistical methodologies and data availability are facilitating detailed, high-frequency, timely macroeconomic balance sheet analysis. This paper provides practical instruction on how to design the framework to analyze vulnerabilities in a country as well as an overview...

This paper assesses the degree of bank competition and discusses efficiency with regard to banks' financial intermediation in Ghana. By applying panel data to variables derived from a theoretical model, we find evidence for a noncompetitive market structure in the Ghanaian banking system, which...

Balance-sheet analysis (BSA) complements traditional flow-oriented macroeconomic analysis by gauging mismatches in aggregate and sectoral balance sheets of an economy. Enabled by recent progress in data availability, this paper applies BSA to Georgia, focusing on currency mismatches. In...

This paper computes Malawi's equilibrium real exchange rate as a function of its fundamentals as derived from economic theory. It finds evidence in favor of the equilibrium approach to exchange rate determination, with several variables (particularly government consumption and real per capita...

Data published in IMF country reports and International Financial Statistics (IFS) may differ for seemingly identical variables, and at times users may be unaware of the reasons underlying such differences and may lack the information needed to permit reconciliation. This paper presents a study...

Data published in IMF country reports and International Financial Statistics (IFS) may differ for seemingly identical variables, and at times users may be unaware of the reasons underlying such differences and may lack the information needed to permit reconciliation. This paper presents a study...