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Grenada; Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; and Press Release on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2006

Grenada quickly recovered from the devastating effects of Hurricane Ivan. Executive Directors welcomed the economic reform program aimed to promote economic growth, restore fiscal and debt sustainability, reduce vulnerabilities, and alleviate poverty. They emphasized the need to strengthen the...

Persistent link: https://www.econbiz.de/10011244939

Cape Verde; 2010 Article IV Consultation and Request for a 15-Month Policy Support Instrument-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde

International Monetary Fund (IMF); International … - 2010

Cape Verde has demonstrated notable economic and policy resilience. The public investment program should be completed, but new external borrowing should be limited to restore fiscal buffers. The monetary policy framework could be improved in the medium term. The Bank of Cape Verde should step up...

Persistent link: https://www.econbiz.de/10011245238

Of Openess and Distance; Trade Developments in the Commonwealth of Independent States, 1993-2002

Elborgh-Woytek, Katrin - International Monetary Fund (IMF) - 2003

This paper analyzes developments in the structure of trade in the Commonwealth of Independent States (CIS) during the transition decade, and finds that it changed less than in other transition economies. Trade openness of the CIS increased between 1993 and 1997, but has fallen to a lower-level...

Persistent link: https://www.econbiz.de/10005604992

The New Economy and Global Stock Return

Catão, Luis; Brooks, Robin - International Monetary Fund (IMF) - 2000

This paper revisits the relative importance of global versus country-specific factors underlying stock returns. It constructs a new firm level data set covering emerging and developed markets and estimates a simple factor model, which breaks down stock returns into a global business cycle...

Persistent link: https://www.econbiz.de/10005826044

St. Vincent and the Grenadines; 2009 Article IV Consultation and Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for St. Vincent and the Grenadines

International Monetary Fund (IMF); International … - 2009

St. Vincent and the Grenadinesâ€™s financial system has been largely unaffected by the global financial crisis. The report examines St. Vincent and the Grenadines 2009 Article IV Consultation and request for Disbursement under the Rapid-Access Component of the Exogenous Shocks Facility. The...

Persistent link: https://www.econbiz.de/10011242564

Republic of Congo; Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative

International Monetary Fund (IMF); International … - 2010

This paper discusses Congoâ€™s progress under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). In the view of the staff of IDA and the IMF, Congo has met in full all of the triggers for reaching the completion point. All key decisions, actions, and measures required to...

Persistent link: https://www.econbiz.de/10011243478

Republic of Congo; Enhanced Initiative for Heavily Indebted Poor Countries: Decision Point Document

International Monetary Fund (IMF); International … - 2006

This paper on the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC) for the Republic of Congo explains medium-to-long-term strategy for poverty reduction. Emerging from a conflict situation, and starting from a low base, Congo has made significant progress in implementing...

Persistent link: https://www.econbiz.de/10011244813

Union of the Comoros; Enhanced Initiative for Heavily Indebted Poor Countries: Completion Point Document and Multilateral Debt Relief Initiative

International Monetary Fund (IMF); International … - 2013

In June 2010, the International Development Association (IDA) and the IMF agreed that Comoros had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. As a result of the debt reconciliation exercise for the completion point,...

Persistent link: https://www.econbiz.de/10011245594

An Evaluation of the World Economic Outlook Forecasts

Timmermann, Allan - International Monetary Fund (IMF) - 2006

The World Economic Outlook (WEO) is a key source of forecasts of global economic conditions. It is therefore important to review the performance of these forecasts against both actual outcomes and alternative forecasts. This paper conducts a series of statistical tests to evaluate the quality of...

Persistent link: https://www.econbiz.de/10005769333

Testing for Structural Breaks in Small Samples

Antoshin, Sergei; Berg, Andrew; Souto, Marcos - International Monetary Fund (IMF) - 2008

time series works well in large samples, but they found substantial deviations in both the size and power of their tests in … smaller samples. We propose modifying their methodology to deal with small samples by using Monte Carlo simulations to … offer practical suggestions on handling serial correlation, model misspecification, and the use of alternative test …

Persistent link: https://www.econbiz.de/10005264217