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Norway: 2014 Article IV Consultation: Staff Report; Staff Supplement; Press Release; And Statement by the Executive Director f

by International Monetary Fund. Euro Dept.

A conservative minority government took office in October 2013, ending eight years of Labor party-led governments. No major policy shift has taken place so far, but the government’s economic policy platform...


Norway: 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...


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

by International Monetary Fund. Asia Dept

Tuvalu is one of the smallest and most isolated countries in the world. With a population of some 11,000 people living on 26 square kilometers, Tuvalu is more than 3,000 kilometers away from its nearest major...


Central African Economic and Monetary Community (CEMAC) : Staff Report; Press Release; and Statement by the Executive Director for the Central African

by International Monetary Fund. Afri Dept.

Regional growth weakened in 2013 due to a fall in oil production in most countries. GDP growth is expected to pick-up in 2014 due to the recovery of oil production and the continuation of the implementation...


Finance & Development, September 2014

by International Monetary Fund. Exte Dept.

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly...


St. Vincent and the Grenadines: 2012 Article IV Consultation

by International Monetary Fund. West Dept.

KEY ISSUES Background: Activity is slowly recovering after a cumulative decline of about 5 percent during 2008–10. Expansionary fiscal policies—largely to counteract the impact of the global slowdown and...


Pacific Island Countries: In Search of a Trade Strategy

by Hong Chen & Lanieta Rauqeuqe

International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size...


Six Capitals: The revolution capitalism has to have--or can accountants save the planet?

by Jane Gleeson-White

An accessible, timely and fascinating account of the revolution going on in the world of finance - and how accountants really can save the planet - from the acclaimed author of Double Entry.


Georgia: Request for a Stand-By Arrangement; Press Release; And Statement for the Executive Director for Georgia

by International Monetary Fund. Midd Dept.

KEY ISSUES Context. Georgia’s previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia’s external and fiscal imbalances. The program also...


The Analysis of Competition Policy and Sectoral Regulation

by Martin Peitz & Yossi Spiegel

This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current...


After the Boom-Commodity Prices and Economic Growth in Latin America and the Caribbean

by Bertrand Gruss

After skyrocketing over the past decade, commodity prices have remained stable or eased somewhat since mid-2011—and most projections suggest they are not likely to resume the upward trend observed in the last...


The State of Labour: The Global Financial Crisis and Its Impact: The Global Financial Crisis and Its Impact

by Sharit K. Bhowmik

This book analyzes the adverse effects of globalization and liberalization - acutely manifest in the increased financialization of capital and the concomitant global financial crisis of 2008-09 - on the labour...


Global Imbalances and External Adjustment after the Crisis

by Philip R. Lane & Gian-Maria Milesi-Ferretti

This paper has two objectives. First, it reviews the recent dynamics of global imbalances (both “flow” and “stock” imbalances), with a special focus on the shifting position of Latin America in the global...


Unhappy Union: How the Euro Crisis ? and Europe ? Can Be Fixed

by John Peet, Anton La Guardia & The Economist

The euro was supposed to create an unbreakable bond between the nations and people of Europe. But when the debt crisis struck, the flaws of the half-built currency brought the European Union close to breaking...


Mexican Financial Development

by Dwight S. Brothers & Leopoldo Solís M.

The development of the Mexican financial system as it has related to the remarkable growth of the Mexican economy is examined in this book.Believing that a better understanding of the past will permit a more...


Credit Quality in Developing Economies : Remittances to the Rescue?

by Christian Ebeke & Boileau Loko

This paper analyzes the link between remittances inflows and nonperforming loans (NPLs) in a large sample of developing countries. Theoretical transmission channels include risk coping, exchange rate and growth...


Capital Flow Deflection

by Paolo Giordani & Michele Ruta

This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls, we show that inflow restrictions distort international...


Trade-Related Investment Measures: Theory and Applications

by Chi-Chur Chao & Eden S H Yu

This unique book makes a contribution to the deeper understanding of various trade-related investment measures (TRIMs). The issues have been largely inspired by the use of trade policies on foreign investment...


Guinea : Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Financing Assurances Review-Staff Report; Press Releas

by International Monetary Fund. Afri Dept.

EXECUTIVE SUMMARY Economic activity remained weak in early 2014. Activity was impacted by an outbreak of the Ebola virus since late 2013, but lagging structural reforms, energy shortages, and political uncertainty...


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

by International Monetary Fund. Asia Dept

KEY ISSUES Context: Tonga’s economy is rebounding, partially owing to a recovery in agricultural exports. The outlook for tourism is also improving. The reconstruction from a recent cyclone is expected to...