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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...


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...


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...


Evolving Patterns in Global Trade and Finance

by A01

In Evolving Patterns in Global Trade and Finance, Professor Sven W Arndt offers succinct and rigorous explanations of important developments in trade, finance and international monetary relations. Topics include...


Portugal: Tenth Review Under the Extended Arrangement and Request for Waivers of Applicability of End-December Performance Crite

by International Monetary Fund. Euro Dept.

EXECUTIVE SUMMARY The short-term outlook has improved and program implementation remains on track, notwithstanding another adverse Constitutional Court ruling. Stronger domestic demand is supporting a pick-up...


Rising Brics and Changes in Sub-Saharan Africa's Business Cycle Patterns

by Oumar Diallo & Sampawende J. -A. Tapsoba

This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA’s business cycle has not only moved in...


Information Rigidities: Comparing Average and Individual Forecasts for a Large International Panel

by Jonas Dovern & Ulrich Fritsche

We study forecasts for real GDP growth using a large panel of individual forecasts from 36 advanced and emerging economies during 1989–2010. We show that the degree of information rigidity in average forecasts...


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,...


When Cultures Collide, Third Edition: Leading Across Cultures

by Richard D. Lewis

Cross-cultural expert Richard Lewis broadens the scope of his seminal work on global business and intercultural communication. Within each country-specific chapter, Lewis provides invaluable insight into the...


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...


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...


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...


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...


Kingdom of Lesotho: 2014 Article IV Consultation-Staff Report; Press Release; And Statement by the Executive Director for the Kingdom of L

by International Monetary Fund. Afri Dept.

This 2014 Article IV Consultation highlights that since 2010, the Lesotho’s economy has performed well with the growth of real GDP averaging over 5 percent a year and inflation held to single-digit levels....


Sudan: Staff Monitored Program-Staff Report; Press Release; And Statement by the Executive Director for Sudan

by International Monetary Fund. Midd Dept.

EXECUTIVE SUMMARY Context: Sudan is a fragile state mired in a heavy debt burden, international sanctions, and volatile domestic and regional political environments. These problems, together with limited revenue...


Grenada: 2014 Article IV Consultation and Request for an Extended Credit Facility Arrangement-Staff Report; And Press Release

by International Monetary Fund. West Dept.

This 2014 Article IV Consultation highlights that Grenada’s economy continues to face significant headwinds after a decade of natural disasters and economic shocks coalesced into a deep economic crisis by...


Kyrgyz Republic: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility; Staff Report; And Press Release

by International Monetary Fund. Midd Dept.

This paper discusses Kyrgyz Republic’s Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility. Following exceptionally strong performance in 2013, growth is moderating to a more sustainable...


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...


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...