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The Austrian economy has been growing at an annual rate in excess of 3percent since mid-1999. Experience with deregulation in the telecommunications and electricity sectors is encouraged. With strong economic growth and expansionary monetary conditions from an Austrian perspective, Executive...
Persistent link: https://www.econbiz.de/10014404535
Chile's overall economic performance during 1990–97 was very strong. By early 1998, Chile faced the difficult combination of a widening external current account deficit and a slowdown of capital inflows. The authorities scaled back expenditure plans and tightened monetary policy strongly to...
Persistent link: https://www.econbiz.de/10014404536
In 1994–98, Algeria was successful in restoring macroeconomic stability and implementing structural reforms. The fiscal position deteriorated in the first part of 1999, owing to low oil prices. Executive Directors supported the reform program introduced in early 2000, and welcomed its emphasis...
Persistent link: https://www.econbiz.de/10014404537
Sound monetary and fiscal policies have contributed to making the current U.S. economic expansion the longest on record. Executive Directors welcomed these developments, and congratulated the U.S. authorities on the adoption of the Gramm-Leach-Bliley Act, which represents a much needed overhaul...
Persistent link: https://www.econbiz.de/10014404538
The economy of the Former Yugoslav Republic of Macedonia suffered a setback owing to the Kosovo crisis. The impact of the crisis, however, was less severe. Inflation remained low, the balance-of-payments position and the fiscal situation improved, and indicators of external vulnerability...
Persistent link: https://www.econbiz.de/10014404539
In this paper, the statistical data of macroeconomic flows, national accounts, production, and employment, combined public sector, financial sector, and external sector are presented in detail. They are listed as follows: aggregate supply and demand, the volume of mining production, mining...
Persistent link: https://www.econbiz.de/10014404541
The paper analyzes economic developments and policies over the past couple of years, with emphasis on the period since mid-1998. It assesses consequences for the economy of several external shocks and provides an overview of recent developments. The nature and extent of the external shocks...
Persistent link: https://www.econbiz.de/10014404542
The United Kingdom showed impressive economic performance and low inflation owing to its strong policy frameworks. Executive Directors commended this development, and stressed the need to tighten fiscal and monetary stances, and accelerate structural reforms. They appreciated the steps to...
Persistent link: https://www.econbiz.de/10014404543
This report provides the details of the IMF's projections and estimates for Mongolia on selected economic indicators, 1995–98; gross domestic product; output of major agricultural products and basic industrial and mining products; petroleum balances; electricity sector; retail prices; summary...
Persistent link: https://www.econbiz.de/10014404544
The statistical data on gross domestic product, supply and use of resources, savings and investment balances, crude oil production and prices, capital expenditure and oil exploration, production and export of timber, livestock, fishing, production and consumption of refined oil products,...
Persistent link: https://www.econbiz.de/10014404545