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Central African Economic and Monetary Community (CEMAC) Selected Issues

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...


The Federal Democratic Republic of Ethiopia : 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Th

by International Monetary Fund. Afri Dept.

KEY ISSUES Context: Ethiopia�s investment-led development strategy has delivered robust growth and progress toward Millennium Development Goals (MDGs). Restrained fiscal and monetary policies have helped...


Liberia: Ad Hoc Review Under the Extended Credit Facility Arrangement and Request for Augmentation of Access and Modification of Performance Criteria-

by International Monetary Fund. Afri Dept.

KEY ISSUES Background. With the highest number of new and cumulative Ebola cases recorded to date, Liberia is the country most affected by the epidemic in West Africa. In addition to exacting a heavy human toll,...


Guinea : Requests for Disbursement Under the Rapid Credit Facility and for Modification of Performance Criteria Under the Extended Credit Facility Arr

by International Monetary Fund. Afri Dept.

EXECUTIVE SUMMARY Guinea is suffering from an outbreak of Ebola, which has become a humanitarian crisis with a significant economic impact. Preliminary estimates suggest a negative impact on 2014 growth, which...


Sierra Leone : Ad Hoc Review Under the Extended Credit Facility Arrangement and Request for Augmentation of Access and Modification of Performance Cri

by International Monetary Fund. Afri Dept.

KEY ISSUES Background. The Ebola outbreak that started in one district in late May has spread to the entire country, overwhelming already weak institutions and ill-equipped medical facilities. At end-August,...


Guyana: 2013 Article IV Consultation - Staff Report; Press Release

by International Monetary Fund. West Dept.

The economy has experienced seven consecutive years of robust growth, buoyed by high commodity prices, foreign direct investment and expansion of private sector credit. As part of a strategy to sustain growth,...


Saudi Arabia: 2014 Article IV Consultation-Staff Report; Press Release

by International Monetary Fund. Midd Dept.

KEY ISSUES Context. Saudi Arabia's economy has grown very strongly in recent years, benefitting from high oil prices and output, strong private sector activity, and government spending. It has played a systemic...


Iceland: Technical Assistance Report-Modernizing the Icelandic VAT

by International Monetary Fund. Fisc Dept.

EXECUTIVE SUMMARY Iceland's government, elected in 2013, is conducting a general review of its tax policy with a view toward making it more efficient and less distortionary.1 To this end, it has targeted VAT...


Sri Lanka : 2014 Article IV Consultation and Second Post-Program Monitoring Discussion-Staff Report; Press Release

by International Monetary Fund. Asia Dept

KEY ISSUES Context. Macroeconomic performance has generally exceeded expectations. Real GDP grew 7.3 percent for 2013, up from 6.3 percent in 2012. Inflation declined to below 5 percent, and the external current...


Chad : Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Press Release; and Statement by the Executive Director fo

by International Monetary Fund. Afri Dept.

KEY ISSUES Context: Chad is a fragile country with weak institutional capacity that needs to manage volatile and exhaustible oil revenues prudently to tackle its large development needs. Chad is enjoying a period...


Austria : 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...


Angola : Selected Issues Paper

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...


Switzerland : Detailed Assessment of Implementation-IOSCO Objectives and Principles of Securities Regulation

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...


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

by International Monetary Fund. West Dept.

KEY ISSUES The economy is embarking on sustainable growth, but the main challenge will be to boost long-run growth by structural reforms and reorienting fiscal policy. Supply-side slowdowns in the energy sector...


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...


Sudan: First Review Under the Staff Monitored Program; And Statement by the Executive Director for Sudan

by International Monetary Fund. Midd Dept.

KEY ISSUES Political Context: Sudan is embarking on a difficult national dialogue with the opposition and some armed groups in the Blue Nile and South Kordofan regions. The objective is to break the current...


The Federal Reserve Conspiracy

by Antony C Sutton

Another fine and extremely well researched work by Antony C. Sutton. An expose' of the people and forces behind the takeover of the US economy by the Federal Reserve system, on behalf of the oligarchs. A must...


Conventional and Insidious Macroeconomic Balance-Sheet Crises

by Bas B. Bakker & Leslie Lipschitz

This paper describes the anatomy of two types of balance-sheet macroeconomic crises. Conventional balance-sheet crises are triggered by external imbalances and balance sheet vulnerabilities. They typically occur...


A Search for Solvency: Bretton Woods and the International Monetary System, 1941-1971

by Alfred E., Jr. Eckes

Diverted by the dramatic military and political events of July 1944, few Americans realized the significance of an international conference taking place at Bretton Woods, a mountain resort in New Hampshire,...


Friedman Redux : External Adjustment and Exchange Rate Flexibility

by Atish R. Ghosh & Mahvash Saeed Qureshi

Milton Friedman argued that flexible exchange rates would facilitate external adjustment. Recent studies find surprisingly little robust evidence that they do. We argue that this is because they use composite...