Release Date: May, 2003

This Selected Issues paper examines the potential costs of faster disinflation in Russia, drawing on the experience of European transition countries. The paper analyzes this experience, discusses more...

Release Date: May, 2003

This paper presents key findings of the Financial System Stability Assessment for the Russian Federation. There are significant vulnerabilities and weaknesses in the financial sector, although given more...

Release Date: May, 2003

This paper presents the Joint Staff Assessment of the State Program on Poverty Reduction and Economic Development 2003–2005 (SPPRED)—the first full Poverty Reduction Strategy Paper (PRSP) more...

Release Date: May, 2003

This Report on the Observance of Standards and Codes (ROSC) provides a review of Georgia’s data dissemination practices against the IMF’s General Data Dissemination System (GDDS), more...

Release Date: May, 2003

This Selected Issues paper and Statistical Appendix for Azerbaijan aims to provide a guide to the management of Azerbaijan’s expected natural resource-generated windfall. The paper provides more...

Release Date: May, 2003

This paper reviews Azerbaijan’s State Program on Poverty Reduction and Economic Development 2003–2005 (SPPRED). The Poverty Reduction Program in Azerbaijan has attracted an extensive and more...

Release Date: May, 2003

This 2003 Article IV Consultation for Hungary highlights that developments in growth and inflation were broadly positive in 2002. Buoyed by domestic demand, real GDP growth increased to 3.5 percent more...

Release Date: May, 2003

This Selected Issues paper examines the external sector issues in Hungary. It looks at some traditional indicators of external competitiveness, and provides basic background on key macroeconomic more...

Release Date: May, 2003

This paper assesses Romania’s Third Review Under the Stand-By Arrangement and a Request for Waiver of Performance Criterion. Romania’s macroeconomic performance continued to be favorable, but more...

Author/Editor: Subhash Madhav Thakur, Valerie Cerra, Balázs Horváth, Michael Keen.

Release Date: May, 2003

Sweden has long been viewed as epitomizing a particular approach to economic and social policy. To its advocates, the Swedish welfare state builds on a strong social consensus favoring extensive more...

Release Date: April, 2003

This 2003 Article IV Consultation states that Belarus made noticeable progress in some areas of economic reform over the past several years, but overall macroeconomic performance in 2002 was mixed. more...

Release Date: April, 2003

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 more...

Release Date: April, 2003

This Selected Issues paper reviews developments during 2001–02 in the Belarusian pension system, and discusses potential short- and medium-term reforms needed to put pension system finances on a more...

Release Date: April, 2003

This paper analyzes competitiveness in the Baltics in the run-up to European Union accession. Several factors appear to have driven movements in equilibrium real exchange rates in the Baltics since more...

Release Date: April, 2003

This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, more...

Release Date: April, 2003

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 more...

Release Date: April, 2003

This 2003 Article IV Consultation highlights that the Republic of Latvia has enjoyed continued strong economic performance since the last Article IV Consultation in January 2002. Real GDP growth was more...

Release Date: April, 2003

This report assesses the Observance of Standards and Codes on Fiscal Transparency for the Republic of Kazakhstan. The fiscal reporting and dissemination of information in Kazakhstan has already more...

Release Date: April, 2003

This paper evaluates the Republic of Armenia’s Third Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver of Performance Criterion. The PRGF-supported program more...

Author/Editor: Stéphane Cossé.

Release Date: April, 2003

This paper assesses the main issues faced by the energy sector in a transition economy such as Romania and their macroeconomic dimension. It examines how the size of quasi-fiscal subsidies, owing more...