Release Date: February, 2011

Release Date: February, 2011

Author/Editor: Ouarda Merrouche, Erlend Nier.

Release Date: November, 2010

This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising more...

Release Date: March, 2010

Morocco’s strong starting position, reflecting macroeconomic and structural reforms introduced over the last decade, has given the country greater room to maneuver in its policy response. The more...

Author/Editor: Hirut Wolde, Rina Bhattacharya.

Release Date: February, 2010

In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expected given their economic, cultural and more...

Author/Editor: Mahvash S Qureshi, Charalambos G Tsangarides.

Release Date: February, 2010

This paper examines the impact of exchange rate regimes on bilateral trade while differentiating the effects of words and deeds. Our findings-based on an extended database for de jure and de more...

Author/Editor: Mahvash S Qureshi.

Release Date: December, 2009

This paper examines the spatial dispersion effects of regional conflicts, defined as internal or external armed conflicts in contiguous states, on international trade. Our empirical findings-based on more...

Author/Editor: Mahvash S Qureshi.

Release Date: July, 2008

This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major oil-exporting developing countries, and investigates reasons for systematic more...

Release Date: June, 2008

Overall competitiveness of the Dutch economy seems adequate, but domestically produced exports have lost market share recently. Over the past three decades, globalization has greatly influenced more...

Release Date: May, 2008

The paper discusses the estimates and projections of Brunei Darussalam's nominal GDP and quarterly nominal GDP as per economic activity; growth in real GDP by expenditure and economic activity; more...

Release Date: May, 2008

This paper provides an assessment of Greece’s competitiveness, export performance, and national saving and investment. It examines the Greek tax ratio and structure, and places them in the EU more...

Release Date: May, 2008

The Greek economy showed strength supported by solid gains in employment, substantial real wage increases, low interest rates, and rapid credit expansion. Executive Directors appreciated the more...

Release Date: April, 2008

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, 2008

The authorities announced a strategy to restore fiscal and debt sustainability, in conjunction with a transition out of sugar production. Discussions centered on restoring fiscal and debt more...

Release Date: March, 2008

Although economic performance has remained good, difficulties in building consensus for institutional reform have caused an ill-affordable hiatus in economic policymaking. Robust economic activity more...

Release Date: March, 2008

In 2007, imports of consumer, intermediate, and capital goods grew at annual rates slightly exceeding 10 percent. Export growth lagged behind that of imports, as buoyant nontraditional exports, more...

Release Date: March, 2008

This paper analyzes the workings and effectiveness of the monetary transmission mechanism in Papua New Guinea. The paper is organized as follows: it describes the current institutional structure in more...

Release Date: March, 2008

Over the last decade, the Eastern Caribbean Currency Union (ECCU) macroeconomic performance has deteriorated relative to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and more...

Release Date: February, 2008

The German economy has made major strides, helped by wide-ranging reforms. Greater transparency and stronger incentives for prudent action will support crisis prevention and management. The immediate more...

Release Date: February, 2008

The export performance of the French economy relative to its own past and relative to a major trading partner, Germany, has deteriorated. The risk analysis indicates that French firms have seen a more...