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This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic …
Persistent link: https://www.econbiz.de/10005824891
further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial …
Persistent link: https://www.econbiz.de/10005825020
generally strong, with a third consecutive year of considerable GDP growth, fiscal surplus, and large current account surplus …
Persistent link: https://www.econbiz.de/10005825217
appropriate policies, which have included tightening the fiscal stance and easing monetary policy. Real GDP grew by an estimated 4 …
Persistent link: https://www.econbiz.de/10005825350
impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …
Persistent link: https://www.econbiz.de/10005825354
This paper focuses on key findings of the Detailed Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies on Chile. The assessment reveals a high degree of compliance with the Transparency Code, including in the objectives and...
Persistent link: https://www.econbiz.de/10005825375
3 percent. Recent indicators suggest that activity has continued to strengthen in 2004. During 2003, inflation … inflation. IMF staff projects that the economic recovery will gain momentum with GNP growth of 4½ percent in 2004, accelerating … slightly to 5 percent in 2005. Core inflation is forecast to stay close to 2 percent. …
Persistent link: https://www.econbiz.de/10005825386
This 2005 Article IV Consultation highlights that Norway’s real mainland GDP growth rebounded strongly in 2004, after …
Persistent link: https://www.econbiz.de/10005825554
This study examines money demand and inflation dynamics in the Islamic Republic of Iran using quarterly data for the … long-run money market equilibrium condition is identified and the short-run behavior of the inflation, measured in terms of …/01-2001/02 buoyed the demand for domestic money and contributed to the decline in inflation. Tests of model stability do not point to a …
Persistent link: https://www.econbiz.de/10005825599