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Three Essays on Productivity (RLE: Business Cycles): The Impacts of Profitability, Business Cycles and the Capital Stock on Productivity

by Mark J. Lasky

The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines...


Industrial Restructuring, Financial Instability and the Dynamics of the Postwar US Economy (RLE: Business Cycles)

by David J. Carrier

This volume, originally published in 1997, examines the combined effect of financial instability and industrial restructuring on postwar economic growth and recession in the US. It sheds light on the fundamental...


Predicting Turning Points in the Interest Rate Cycle (RLE: Business Cycles)

by James W. Coons

Originally published in 1994 and the recipient of the Stonier Library Award, this volume evaluates an alternative approach - the sequential filter- to managing the uncertainty inherent in the future course of...


Against the Troika: Crisis and Austerity in the Eurozone

by Costas Lapavitsas, Heiner Flassbeck & Paul Mason

On the 25th January 2015 the Greek people voted in an election of historic importance—not just for Greece but potentially all of Europe. The radical party Syriza was elected and austerity and the neoliberal...


The Global Negotiator

by Jeswald W. Salacuse

In today's global business environment, an executive must have the skills and knowledge to navigate all stages of an international deal, from negotiations to managing the deal after it is signed. The aim of...


Morocco:First Review Under the Arrangement Under the Precautionary and Liquidity Line-Staff Report; Press Release; and Statement by the Executive Dire

by International Monetary Fund. Midd Dept.

This paper discusses Morocco's First Review Under the Arrangement Under the Precautionary and Liquidity Line (PLL). Significant progress was made in implementing the reform agenda. The program remains broadly...


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

by International Monetary Fund. Midd Dept.

This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic stability in a difficult environment, but challenges remain to reduce fiscal and external vulnerabilities,...


Paraguay: 2014 Article IV Consultation:Staff Report; and Press Release

by International Monetary Fund. West Dept.

This 2014 Article IV Consultation highlights that economic activity in Paraguay has slowed from record-high growth in 2013, but remains buoyant. Construction, manufacturing, and services led the expansion in...


Republic of Slovenia:Selected Issues Paper

by International Monetary Fund. Euro Dept.

This Selected Issues paper examines social spending reform and fiscal savings in Slovenia. Rising expenditure has been at the root of Slovenia's fiscal deterioration since the onset of the crisis. The paper...


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

by International Monetary Fund. Euro Dept.

This 2014 Article IV Consultation highlights that Slovenia is recovering from a deep crisis. Growth is estimated to have reached about 2.6 percent in 2014, supported by strong exports and EU-funded public investment....


Guinea:Poverty Reduction Strategy Paper-Progress Report

by International Monetary Fund. Afri 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...


Guinea:Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, and Requests for an Augmentation

by International Monetary Fund. Afri Dept.

KEY ISSUES The Ebola outbreak has inflicted a heavy toll on Guinea’s economy notwithstanding the supportive macroeconomic policies the authorities put in place. Fiscal policy has expanded to reflect revenue...


Union of the Comoros:2014 Article IV Consultation-Staff Report, Press Release and Statement by the Executive Director for the Union of the Comoros

by International Monetary Fund. Afri Dept.

KEY ISSUES • The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expected...


Energy Subsidies in Latin America and the Caribbean:Stocktaking and Policy Challenges

by Gabriel Di Bella & Lawrence Norton

The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This paper assesses energy subsidies in Latin America and the Caribbean—about 1.8 percent of...


Islamic Republic of Mauritania: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...


Islamic Republic of Mauritania:2014 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for the Islamic Republ

by International Monetary Fund. Midd Dept.

KEY ISSUES Context. Mauritania’s economy has benefited from macroeconomic stability and high growth in the context of contained inflation, responsible macro-policies, high iron ore prices and scaled-up public...


Expenditure Rules:Effective Tools for Sound Fiscal Policy?

by Till Cordes & Tidiane Kinda

This paper provides new evidence on the effectiveness of expenditure rules. The analysis is based on a unique dataset covering all countries with national and supranational fiscal rules, including 33 expenditure...


Asset Bubbles:Re-thinking Policy for the Age of Asset Management

by Bradley Jones

In distilling a vast literature spanning the rational— irrational divide, this paper offers reflections on why asset bubbles continue to threaten economic stability despite financial markets becoming more...


Arab Republic of Egypt:2014 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for the Arab Republic of Egypt

by International Monetary Fund. Midd Dept.

KEY ISSUES The 2014 Article IV consultation takes place when the authorities have started to address longstanding economic challenges. For a number of years Egypt has suffered from low and non-inclusive growth...


Employment Impacts of Upstream Oil and Gas Investment in the United States

by Mark Agerton & Peter Hartley

Technological progress in the exploration and production of oil and gas during the 2000s has led to a boom in upstream investment and has increased the domestic supply of fossil fuels. It is unknown, however,...