Release Date: May, 2011

In 2010, average inflation has remained low in all West African Economic and Monetary Union (WAEMU) countries, but has edged up in the second half of the year. After a moderate fiscal easing by about more...

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

Release Date: May, 2011

This paper revisits the link between the nominal exchange rate regime and inflation, based on a sample of 145 emerging market and developing countries (EMDCs) over the period 1980-2010. We contend more...

Release Date: April, 2011

Release Date: February, 2011

Release Date: January, 2011

Release Date: October, 2010

The implementation of the Growth and Poverty Reduction Strategy Framework (GPRSF) first describes the characteristics of poverty in Burundi before proceeding to review progress made in terms of each more...

Author/Editor: Udo Kock, David A Grigorian.

Release Date: July, 2010

Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation more...

Release Date: January, 2010

The Poverty Reduction Strategy Paper for Togo builds on the strategy laid out in the Interim Strategy for Poverty Reduction (I-PRSP). Owing to circumstances largely beyond the control of 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: June, 2009

This paper discusses key findings of the Sixth Review under the Policy Support Instrument (PSI) for Cape Verde. Policy implementation under the PSI-supported program continues to be strong; all PSIs more...

Release Date: September, 2008

Release Date: July, 2008

This Selected Issues paper examines the causes of recent inflation in Ethiopia and discusses possible policy responses. Inflation in Ethiopia has reached a historical peak. Following a more...

Release Date: July, 2008

This 2008 Article IV Consultation highlights that problems in the housing and financial markets over the past year have combined to slow the United States' economy substantially. As the residential more...

Release Date: June, 2008

Macroeconomic performance of Armenia in 2007 has been strong, with double-digit growth and single-digit inflation for the sixth consecutive year. Fiscal policy in 2007 remains prudent, with the 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: June, 2008

Strong macroeconomic foundations have so far largely shielded the Netherlands from recent financial turbulence. Despite a tightening labor market, inflation remains subdued. Employment has grown more...

Release Date: April, 2008

The external sector has an increasing drag on the economy. The current account deficit remains fully financed by FDI, and the underlying balance is consistent with external-debt stabilizing levels. more...

Release Date: April, 2008

The main challenges for this review were to further redress long-running problems in the energy sector and to balance fiscal policy requirements for development spending with macroeconomic stability. more...

Release Date: April, 2008

This study discusses the Philippine output gap from three perspectives and evaluates the utility of the approaches for policymaking. Incentives in the Philippines appear broadly comparable with those more...

Release Date: March, 2008

This paper presents an assessment of Liberia’s eligibility and qualification for assistance under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The macroeconomic framework more...