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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...


Export Savvy: From Basics to Strategy

by Zak Karamally

Exporting is a dynamic area of commerce that is often misunderstood. However, it takes know-how to gain a profit. Export Savvy: From Basics to Strategy explains export management in its full context from the...


The Economics of Competition: The Race to Monopoly

by George G Djolov

A comprehensive examination of the ways competition and innovations level the playing field in the free market

The Economics of Competition uses the South African pharmaceutical industry as a case study to cogently...


Solomon Islands: Third Review Under the Extended Credit Facility Arrangement and Request for Modification of Performance Criteria-Staff Report; Press

by International Monetary Fund. Asia Dept

KEY ISSUES Recent Developments. After four years of consecutive growth, the unprecedented floods that hit Honiara in early April 2014 have undermined economic activity. The flash floods caused loss of life and...


Jamaica: 2014 Article IV Consultation and Fourth Review Under the Extended Fund Facility and Request for Modification of Performance Criteria-Staff Re

by International Monetary Fund. West Dept.

EXECUTIVE SUMMARY Addressing imbalances. For decades, Jamaica has been stuck in a negative spiral of low growth, high unemployment, high debt, and precarious fiscal finances. In an attempt to break with the...


Comparative Regionalism: Economics and Security

by Etel Solingen

This book comprises key essays on comparative regionalism and, more broadly, on regional conflict and cooperation by Professor Etel Solingen.

The study of regionalism, a subject pioneered by Solingen in the...


Global Explorers, Second Edition

by J. Stewart Black & Allen J. Morrison

The economy is global, businesses are increasingly global, management has gone global and there is an increasing demand (and reward) for truly skilled global leaders, managers and executives. Black and Morrison...


Niger: Second and Third Reviews Under the Extended Credit Facility Arrangement and Requests for Waivers of Nonobservance of Performance Criteria and f

by International Monetary Fund. Afri Dept.

EXECUTIVE SUMMARY Context: Niger’s economic performance suffered from the harmful effects of several exogenous shocks in 2013. Below average rainfall in the second half of the year, along with the deterioration...