Release Date: January, 2011

Author/Editor: Yi David Wang.

Release Date: August, 2010

This paper seeks to quantify existing financial barriers among East African Community (EAC) member countries based on analysis of each member country’s foreign exchange market. The primary more...

Author/Editor: Bassem Kamar, Damyana Bakardzhieva, Samy Ben Naceur, Sami Ben Naceur.

Release Date: July, 2010

Attracting capital and foreign exchange flows is crucial for developing countries. Yet, these flows could lead to real exchange rate appreciation and may thus have detrimental effects on more...

Author/Editor: Burcu Aydin.

Release Date: July, 2010

This paper provides an exchange rate assessment for sub-Saharan African economies by using methodologies similar to those developed by the International Monetary Fund’s Consultative Group more...

Author/Editor: Gian-Maria Milesi-Ferretti, Philip R Lane.

Release Date: July, 2010

We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis more...

Release Date: June, 2010

The first review of Maldives’ economic performance under the Stand-By Arrangement (SBA) and the Arrangement under the Exogenous Shocks Facility is discussed. The fiscal deficit in 2009 was more...

Release Date: June, 2010

This Article IV Consultation reports that the economic growth of Mauritania is robust, which reflected prudent economic management, sustained donor support, and the beginning of oil production. more...

Release Date: April, 2010

This 2010 Article IV Consultation highlights that the authorities’ adjustment program has contributed to limiting the fallout of the global crisis on Serbia. Although the output slump has been more...

Author/Editor: Stefania Fabrizio.

Release Date: March, 2010

This forthcoming title in the Departmental Paper Series describes the special challenges facing low-income countries as economic growth contracts by an estimated 1.1 percent globally. Coping with the more...

Author/Editor: Svetlana Vtyurina, Fahad Alturki.

Release Date: January, 2010

This paper attempts to explain short- and long-term dynamics of-and forecast-inflation in Tajikistan using the Vector Error Correction Model (VECM) and Autoregressive Moving Average Model (ARMA). By more...

Release Date: November, 2009

Published since 1950, this authoritative, annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for all 185 IMF member countries, along with Hong Kong SAR, more...

Author/Editor: Anna Nordstrom, Scott Roger, Mark R Stone, Seiichi Shimizu, Turgut Kisinbay, Jorge Restrepo.

Release Date: November, 2009

This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and more...

Release Date: April, 2009

This report provides a summary of the antimoney laundering (AML) and combating the financing of terrorism (AML/CFT) measures in place in Cape Verde. It sets out Cape Verde's levels of compliance with more...

Release Date: January, 2009

With global financial turmoil increasingly spilling over into Serbia, the authorities have requested a 15-month Stand-By Arrangement (SBA), which they intend to treat as precautionary. The more...

Release Date: October, 2008

Published since 1950, this authoritative, annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for all 185 IMF member countries, along with Hong Kong SAR, more...

Release Date: June, 2008

The Poverty Reduction and Growth Facility (PRGF) arrangement approved in February 2005 has aimed to preserve solid growth while maintaining low inflation, further reduce poverty, and tackling the more...

Release Date: May, 2008

Croatia's economic growth accelerated, but external imbalances continued to increase. Executive Directors commended the strong performance accompanied by commendable prudent policies and continued more...

Release Date: May, 2008

Over the past two years, economic activity in Palau has been slowed. Executive Directors welcomed the authorities’ disciplined policies, strong financial sector legislation, and prudent more...

Release Date: April, 2008

The purpose of the monitoring and evaluation process is to determine to what extent proposed actions/sub-actions have been accomplished, and to take policy corrective action to accomplish the more...

Release Date: March, 2008

Algeria’s external position has strengthened. Algeria’s encouraging economic performances in recent years, reflecting market-oriented reforms and prudent macroeconomic policies in a more...