Author/Editor: Iulia Ruxandra Teodoru, Klakow Akepanidtaworn.

Release Date:March, 2022

The COVID-19 crisis raises the risk of renewed financial sector pressures in the Caucasus and Central Asia (CCA) region in the period ahead. Bank distress and its economic and fiscal fallout have more...

Author/Editor: Carlos Janada, Iulia Ruxandra Teodoru.

Release Date:December, 2020

This paper argues that structural weaknesses may make private investment particularly sensitive to business confidence relative to other traditional investment drivers and global shocks. It gauges more...

Author/Editor: Iulia Ruxandra Teodoru.

Release Date:September, 2020

Limited access to finance and its high cost have contributed to relatively low levels of private investment and subpar growth in the Kyrgyz Republic. Interest rate spreads have moderated in recent more...

Author/Editor: Iulia Ruxandra Teodoru, Asel Toktonalieva.

Release Date:June, 2020

This paper estimates the neutral interest rate in the Kyrgyz Republic using a range of methodologies. Results indicate that the real neutral rate is about 4 percent based on an average of models and more...

Author/Editor: Javier Kapsoli, Iulia Ruxandra Teodoru.

Release Date:September, 2017

Developing and low-income economies face the challenge of increasing public spending to address sizeable infrastructure and social gaps while simultaneously restoring the fiscal more...

Author/Editor: Roberto Garcia-Saltos, Fan Zhang, Iulia Ruxandra Teodoru.

Release Date:December, 2016

This paper presents estimates of potential output for all Central American economies. Our findings are that potential output growth has declined in recent years in most economies of Central America. more...