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Japan :  2014 Article IV Consultation-Staff Report; and Press Release

by International Monetary Fund. Asia Dept

KEY ISSUES Abenomics is gaining traction, but progress across the three arrows has been uneven and medium-term risks remain substantial. Inflation has risen, a consumption tax increase has been implemented,...


Lebanon : Selected Issues

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...


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

by International Monetary Fund. Midd Dept.

KEY ISSUES Context: The economy is being severely tested by the Syria crisis. The refugee influx has reached one quarter of the population, fueling already high unemployment and poverty. The political impasse...


Middle East Transitions : A Long, Hard Road

by Shahid Yusuf

Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly...


Former Yugoslav Republic of Macedonia: 2014 Article IV Consultation and Third Post-Program Monitoring Discussions :  Staff Report; Press Release; and

by International Monetary Fund. Euro Dept.

Growth accelerated to 3.1 percent in 2013, driven by a positive net exports contribution. The broad policy direction is supportive of near term macroeconomic stability. The key challenge is to transition from...


Real and Financial Vulnerabilities from Crossborder Banking Linkages

by Kyunghun Kim & Srobona Mitra

This paper looks at the vulnerabilities stemming from banking sector linkages between countries and their macroeconomic effects. It finds that credit risks (from a banking system's claims on other countries)...


Former Yugoslav Republic of Macedonia : 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...


United Republic of Tanzania :  Request for a Three-Year Policy Support Instrument-Staff Report; and Press Release

by International Monetary Fund. Afri Dept.

KEY ISSUES Economic background and outlook. Tanzania has enjoyed strong and stable growth, projected to remain at 7 percent next year and in the medium term. Inflation is at 6 percent, gradually converging to...


Kingdom of Swaziland : 2014 Article IV Consultation-Staff Report; and Press Release

by International Monetary Fund. Afri Dept.

KEY ISSUES Setting: Swaziland has gradually recovered from the fiscal crisis of 2010-11, buoyed by the improved revenues from the Southern African Customs Union (SACU). Growth modestly recovered, and international...


United States: 2014 Article IV Consultation-Staff Report; Press Release

by International Monetary Fund. West Dept.

Focus. The 2014 Article IV Consultation focused on five broad themes to strengthen the recovery and improve the long-term outlook: raising productivity growth and labor force participation, confronting poverty,...


The Politics of International Political Economy

by Vassilis K. Fouskas

This timely book will explain, via a number of thematic and case studies, that international economics is not an independent terrain of economic activity reproducing itself throughout history, but a complex...


Democracy and Diversity in Financial Regulation

by Nicholas Dorn

Financial markets have become acknowledged as a source of crisis, and discussion of them has shifted from economics, through legal and regulatory studies, to politics. Events from 2008 onwards raise important,...


Zimbabwe: First and Second Reviews Under the Staff-Monitored Program-Staff Report; And Press Release

by International Monetary Fund. Afri Dept.

EXECUTIVE SUMMARY Zimbabwe’s performance under the Staff-Monitored Program (SMP) has been broadly satisfactorily through the difficult electoral transition period, and the authorities have taken corrective...


Burkina Faso:Staff Report for 2014 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Requ

by International Monetary Fund. Afri Dept.

EXECUTIVE SUMMARY Growth remains robust, despite slight downward revisions. Growth estimates for 2013 and projections for 2014 were revised to 6.6 and 6.8 percent, respectively, reflecting weather and weaker...


Cameroon: 2014 Article IV Consultation

by International Monetary Fund. Afri Dept.

KEY ISSUES Context. Cameroon’s macroeconomic outlook and risks have deteriorated slightly since the Article IV consultation in 2013. Economic activity has remained strong and inflation subdued, but the fiscal...


International Remittance Payments and the Global Economy

by Bharati Basu & James T. Bang

International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used...


People's Republic of China-Hong Kong Special Administrative Region:Financial Sector Assessment Program-IOSCO Objectives and Principles of Securities R

by International Monetary Fund. Department

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...


Albania: First Review Under the Extended Arrangement and Request for Modification of Performance Criteria-Staff Report; And Pre

by International Monetary Fund. Euro Dept.

KEY ISSUES Background: On February 28, the Executive Board approved a three-year Extended Arrangement with access of SDR 295.42 million (492.4 percent of quota). A purchase of SDR 23.55 million (about EUR 26.4...


Botswana:2014 Article IV Consultation-Staff Report; and Press Release

by International Monetary Fund. Afri Dept.

KEY ISSUES Setting: The seeds of good governance and prudent macroeconomic and natural resources management planted by the Botswana authorities paid off with an impressive increase in the GDP per capita during...


What is Behind Latin America's Declining Income Inequality?

by Evridiki Tsounta & Anayochukwu Osueke

Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the...