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Monetary Policy Transmission in the GCC Countries
Author/Editor: Raphael A. Espinoza, Ananthakrishnan Prasad. Release Date: May, 2012 Price: $18.00The GCC countries maintain a policy of open capital accounts and a pegged (or nearly-pegged) exchange rate, thereby reducing their freedom to run an independent monetary policy. This paper shows, more... |
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Kuwait : 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
Release Date: August, 2011 Price: $18.00Kuwait faced the global financial crisis from a position of strength, owing to expansionary fiscal stance. The economy is expected to grow steadily over the medium term as Kuwait continues to more... |
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Kuwait : Selected Issues
Release Date: August, 2011 Price: $18.00The expenditure multipliers in Kuwait are likely to be high, and mostly operate through capital expenditure. Kuwait’s large state-controlled endowment of natural resource, pegged exchange rate more... |