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The Floating World: Issues in International Trade Theory

by Wilfred J Ethier

In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each...


The Floating World: Issues in International Trade Theory

by Wilfred J Ethier

In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each...


Republic of Moldova:2014 Article IV Consultation and First Post-Program Monitoring Discussions-Staff Report; Press Release; and Statement by the Execu

by International Monetary Fund. Euro Dept.

This paper focuses on Moldova’s 2014 Article IV Consultation and First Post-Program Monitoring Discussions. Moldova largely achieved the main objectives of the economic program supported by a combined Extended...


Pakistan:Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification of

by International Monetary Fund. Midd Dept.

This Paper discusses Pakistan’s Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion (PC).The economy is showing signs of improvement. The FY2013/14...


Border Crossing in Greater China: Production, Community and Identity

by Jenn-hwan Wang

China's transformation from a poor and underdeveloped country into a global market power has profoundly altered its socioeconomic power relations with the other countries in the Greater China region, namely,...


The Routledge Companion to Business in Africa

by Sonny Nwankwo & Kevin Ibeh

Although the world's poorest inhabited continent, Africa has recently shown signs of being a source of economic growth in the coming decades, with increased foreign investment - notably from China - and huge...


Business in Emerging Latin America

by Fernando Robles, Nila Wiese & Gladys Torres-Baumgarten

Driven by expanding domestic markets and exports of natural resource commodities, Latin America has recently come into focus as an economic force in the international arena. Business in Emerging Latin America...


Rwanda: First Review Under the Policy Support Instrument-Staff Report; and Press Release

by International Monetary Fund. Afri Dept.

KEY ISSUES Main challenges: Rwanda continues to face the challenge of sustaining high growth while reducing its reliance on aid and preventing the build-up of imbalances. After using foreign exchange reserves...


Seychelles:Request for An Arrangement Under the Extended Fund Facility-Staff Report; Press Release; and Statement by the Executive Director for Seyche

by International Monetary Fund. Afri Dept.

This paper discusses Seychelles’ Request for an Arrangement Under the Extended Fund Facility (EFF). In the five years following the 2008 balance of payments and debt crisis, the authorities have successfully...


United Arab Emirates: Selected Issues

by International Monetary Fund. Midd Dept.

The strong recovery in the real estate market in Dubai requires close monitoring and further measures to discourage speculative demand. The residential and hospitality segments have seen buoyant growth (although...


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

by International Monetary Fund. Euro Dept.

This 2014 Article IV Consultation highlights that the economy of France fared better than most other large euro areas economies through the crisis, reflecting the resilience of private consumption, lack of financial...


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

by International Monetary Fund. Midd Dept.

KEY ISSUES Economic context. Economic growth has been solid, supported by tourism, hospitality, and a rebounding real estate sector. Rapid price increases in some segments of the real estate market have prompted...


France: Selected Issues

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...


Bosnia and Herzegovina:Sixth and Seventh Reviews Under the Stand-By Arrangement and Requests for Augmentation of Access and Modification of Performanc

by International Monetary Fund. Euro Dept.

This paper discusses Bosnia and Herzegovina’s Sixth and Seventh Reviews Under the Stand-By Arrangement and Requests for Augmentation of Access and Modification of Performance Criteria (PC). Program performance...


Republic of Madagascar:Request for Disbursement Under the Rapid Credit Facility; Staff Report; Press Release; and Statement by the Executive Director

by International Monetary Fund. Afri Dept.

This paper focuses on Madagascar’s Request for Disbursement Under the Rapid Credit Facility (RCF). The Malagasy authorities managed to avert a macroeconomic crisis during a difficult period of political transition...


Senegal: Seventh Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; and Press Release

by International Monetary Fund. Afri Dept.

KEY ISSUES Context. GDP growth was lower than expected in 2013 (an estimated 3.5 percent) but would increase to 4.9 percent in 2014 with a rebound in agriculture, mining, and industry. Inflation stood at 0.7...


Cyprus: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Staff Repor

by International Monetary Fund. Euro Dept.

EXECUTIVE SUMMARY Extended Arrangement: On May 15, 2013, the Executive Board approved a three-year Extended Arrangement under the Extended Fund Facility in the amount of SDR 891 million (563 percent of quota;...


Bhutan: Selected Issues

by International Monetary Fund. Asia Dept

SUMMARY The first chapter describes the current tax system and suggests options for tax policy reform in Bhutan. Though significant hydropower revenues are expected in the medium term as major projects come...


The EU Services Directive: Gains from Further Liberalization

by Emilio Fernández Corugedo & Esther Pérez Ruiz

The EU Services Directive was adopted in 2006 to foster competition in services across Europe. However, progress in liberalizing services has fallen short of expectations due to the article 15 of the Directive,...


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

by International Monetary Fund. Asia Dept

KEY ISSUES Outlook and Risks: Growth in Bhutan was robust during the last Five-Year Plan (2008/09 to 2012/13), driven by the development of the hydropower sector. However, growth has slowed recently due to policy...