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Bulgaria's EU Funds Absorption: Maximizing the Potential!

Author/Editor: Iana Paliova, Tonny Lybek.

Release Date: February, 2014

Price: $18.00

This paper focuses on EU structural and cohesion funds assistance to Bulgaria during the 2007–13 program period. Initial weaknesses resulted in a low absorption rate, which was mitigated by more...



A Financial Conditions Index for Poland

Author/Editor: Giang Ho, Yinqiu Lu.

Release Date: December, 2013

Price: $18.00

This paper constructs a financial conditions index for Poland to explore the link between financial conditions and real economic activity. The index in constructed by applying two complementary more...



Baltic and Icelandic Experiences of Capital Flows and Capital Flow Measures

Author/Editor: Audun Groenn, Maria Wallin Fredholm.

Release Date: December, 2013

Price: $18.00

The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were more...



The Role of Domestic and External Shocks in Poland: Results from an Agnostic Estimation Procedure

Author/Editor: Michal Andrle, Roberto Garcia-Saltos, Giang Ho.

Release Date: October, 2013

Price: $18.00

This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach. Specifically, we estimate a trend-cycle VAR model using data for real and nominal more...



Trade Linkages, Balance Sheets, and Spillovers: The Germany-Central European Supply Chain

Author/Editor: Selim Elekdag, Dirk Muir.

Release Date: October, 2013

Price: $18.00

Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in aprocess of deepening economic integration which has lead to the development of a dynamicsupply chain within more...



The Composition of Fiscal Consolidation Matters: Policy Simulations for Hungary

Author/Editor: Alejandro D Guerson.

Release Date: October, 2013

Price: $18.00

This paper evaluates policy alternatives to achieve permanent fiscal consolidation in Hungary, based on a general equilibrium calibration. The main finding is that the composition of the more...



Toward A Sustainable and Inclusive Consolidation in Lithuania: Past Experience and What is Needed Going Forward

Author/Editor: Nan Geng.

Release Date: July, 2013

Price: $18.00

This paper reviews Lithuania’s fiscal consolidation since 2009, assesses the contribution of revenue and expenditure to the consolidation, evaluates the quality of measures, and draws lessons for more...



Tests of German Resilience

Author/Editor: Fabian Bornhorst, Ashoka Mody.

Release Date: October, 2012

Price: $18.00

From its early post-war catch-up phase, Germany’s formidable export engine has been its consistent driver of growth. But Germany has almost equally consistently run current account surpluses. more...



Ireland : 2012 Article IV and Seventh Review Under the Extended Arrangement-Staff Report; Informational Annex, Staff Supplement; and Public Information Notice

Release Date: September, 2012

Price: $18.00

The 2012 Article IV Report on Ireland’s economy under the Extended Arrangement analyzes the banking crisis and Irish authorities’ steadfast efforts to restore stability. Public debt has been more...



Ireland : Selected Issues

Release Date: September, 2012

Price: $18.00

The Selected Issues paper describes the nexus between household wealth, saving, and consumption, and provides estimates for the medium-term path of household saving and consumption. The paper also more...



Turkey: Financial System Stability Assessment

Release Date: September, 2012

Price: $18.00

The Trade Impact of China on EMU: Is It Even Across Members?

Author/Editor: Uffe Mikkelsen, Esther Pérez Ruiz.

Release Date: September, 2012

Price: $18.00

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate more...



The Pre-Crisis Capital Flow Surge to Emerging Europe: Did Countercyclical Fiscal Policy Make a Difference?

Author/Editor: Ruben Atoyan, Albert Jaeger, Dustin Smith.

Release Date: September, 2012

Price: $18.00

A push-pull-brake model of capital flows is used to study the effects of fiscal policy changes on private capital flows to emerging Europe during 2000-07. In the model, countercyclical fiscal policy more...



Austria: Selected Issues

Release Date: August, 2012

Price: $18.00

Finland: Staff Report for the 2012 Article IV Consultation

Release Date: August, 2012

Price: $18.00

Finland: Selected Issues and Analytical Notes

Release Date: August, 2012

Price: $18.00

Austria: 2012 Article IV Consultation - Staff Report; Informational Annex; Statement by the Staff Representative; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Austria

Release Date: August, 2012

Price: $18.00

Islamic Republic of Mauritania : Selected Issues Paper

Release Date: August, 2012

Price: $18.00

Despite a relatively high GDP growth rate over the past decade (2000–10), economic growth in Mauritania has not been able to make a significant dent in poverty. Rapid and sustained poverty more...



Republic of Poland: Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

Release Date: August, 2012

Price: $18.00

Russian Federation : Staff Report for the 2012 Article IV Consultation

Release Date: August, 2012

Price: $18.00

The Russian Federation economy saw growth of about 4 percent and a current account surplus—the result of favorable harvest, high oil prices, and reduced unemployment and inflation. Implementation more...



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