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South Africa : Financial System Stability Assessment

by International Monetary Fund. Department

EXECUTIVE SUMMARY AND OVERALL ASSESSMENT South Africa's financial sector operates in a challenging economic environment. Despite remarkable progress since the end of apartheid in 1994, South Africa still has...


South Africa : 2014 Article IV Consultation-Staff Report; Informational Annex; Debt Sustainability Analysis; Staff Statement; Press Release; and State

by International Monetary Fund. Afri Dept.

KEY ISSUES Context. South African citizens' living standards have improved substantially in the first twenty years of democracy. But in recent years the economy has underperformed peers. The outlook is lackluster,...


Algeria : Selected Issues Paper

by International Monetary Fund. Midd Dept.

Conclusions * Algeria will need to undertake significant and consistent fiscal consolidation to restore fiscal sustainability. In the wake of the crisis, Algeria expanded wages, subsidies, and transfers in...


Algeria : 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Algeria

by International Monetary Fund. Midd Dept.

KEY ISSUES Inflation has subsided, but longstanding vulnerabilities are becoming increasingly apparent. Economic growth is holding up well, inflation has fallen below the central bank's target, and fiscal and...


Kuwait : 2014 Article IV Consultation-Staff Report; Press Release

by International Monetary Fund. Midd Dept.

KEY ISSUES Context. High oil prices and production have contributed to sizable fiscal and external surpluses. Non-oil growth has picked up, mainly driven by consumption and investment. Political developments...


Denmark : 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Denmark

by International Monetary Fund. Euro Dept.

KEY ISSUES Context: The economy is recovering slowly, driven mostly by private consumption and non-oil-and gas exports. Employment is increasing and unemployment has been trending downward slightly over the...


Kuwait : Selected Issues Paper

by International Monetary Fund. Midd Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Denmark : Selected Issues Paper

by International Monetary Fund. Euro Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Denmark : Financial System Stability Assessment

by International Monetary Fund. Department

EXECUTIVE SUMMARY The Danish authorities have taken important steps in recent years to improve financial system resilience. Financial regulation and supervision have been strengthened. A new bank resolution...


The Power to Compete: An Economist and an Entrepreneur on Revitalizing Japan in the Global Economy

by Hiroshi Mikitani & Ryoichi Mikitani

Father and son – entrepreneur and economist – search for Japan's economic cure

The Power to Compete tackles the issues central to the prosperity of Japan – and the world – in search of a cure for the...


Turkey : 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Turkey

by International Monetary Fund. Euro Dept.

KEY ISSUES Context: Turkey's economy has grown on average by 6 percent annually since 2010, but this has come at the expense of a persistently large external deficit making the economy sensitive to changes in...


Kingdom of the Netherlands-Netherlands : Selected Issues Paper

by International Monetary Fund. Euro Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Kingdom of the Netherlands-Netherlands  :  2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the N

by International Monetary Fund. Euro Dept.

KEY ISSUES Addressing the Household Debt Overhang The economy is slowly emerging from its balance sheet recession. Housing prices have steadied, exports are rising on expanding global trade, but consumption...


Papua New Guinea  :  Selected Issues Paper

by International Monetary Fund. Asia Dept

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Jordan  :  Fifth Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criterion and Applicability of Performance

by International Monetary Fund. Midd Dept.

EXECUTIVE SUMMARY Jordan?s economy has been resilient in an increasingly difficult regional environment. Previously highlighted risks have materialized, most notably major disruptions of gas flows from Egypt,...


Papua New Guinea  :  2014 Article IV Consultation-Staff Report; Press Release

by International Monetary Fund. Asia Dept

KEY ISSUES Context. Papua New Guinea?s (PNG) economy is experiencing an important transition, as new liquefied natural gas (LNG) production and exports commence. While resource sector activity in 2014?15 will...


Mexico  :  Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement-Staff Report and Press Release

by International Monetary Fund. West Dept.

EXECUTIVE SUMMARY Context: Mexico?s growth is recovering, supported by strong export demand, while inflation pressures remain contained. The implementation of wide-ranging structural reforms is expected to boost...


The Great Rebalancing: Trade, Conflict, and the Perilous Road Ahead for the World Economy

by Michael Pettis

China’s economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael...


China's Domestic Private Firms: Multidisciplinary Perspectives on Management and Performance: Multidisciplinary Perspectives on Management and Perform

by Anne S. Tsui & Yanjie Bian

One of the most important outcomes of market reforms in China over the past 20 years has been the emergence of a significant domestic private sector, which now accounts for almost a third of China's GDP and...


Emotional Labor: Putting the Service in Public Service: Putting the Service in Public Service

by Mary E. Guy, Meredith A. Newman & Sharon H. Mastracci

Most public service jobs require interpersonal contact that is either face-to-face or voice-to-voice - relational work that goes beyond testable job skills but is essential for job completion. This unique book...