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Monetary Policy Transmission in the GCC Countries

Author/Editor: Raphael A. Espinoza, Ananthakrishnan Prasad.

Release Date: May, 2012

Price: $18.00

The 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...



The Eastern Caribbean Currency Union: Would a Fiscal Insurance Mechanism Mitigate National Income Shocks?

Author/Editor: Antonio Lemus, Paul Cashin.

Release Date: January, 2012

Price: $18.00

This paper studies the nature of the shocks affecting the Eastern Caribbean Currency Union (ECCU), and examines whether a hypothetical Eastern Caribbean fiscal insurance mechanism could insure member more...



Kingdom of the Netherlands - Curaçao and Sint Maarten: 2011 Article IV Consultation - Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion

Release Date: December, 2011

Price: $18.00

Guyana : Selected Issues

Release Date: September, 2010

Price: $18.00

The aim is to analyze the main channels of transmission for shocks from the global economy to Guyana and assess their specific spillover magnitudes. The paper documents the transmission channels of more...



Dominica : Use of Fund Resources: Request for Emergency Assistance: Staff Report; and Press Release on the Executive Board Discussion

Release Date: April, 2008

Price: $18.00

Dominica was struck by Hurricane Dean during August 16–17, 2007. A recent earthquake also underscores the vulnerability of the economy to natural disasters. Output growth slowed during the more...



Eastern Caribbean Currency Union : 2007 Discussion on Common Policies of Member Countries: Staff Report; and Public Information Notice on the Executive Board Discussion

Release Date: March, 2008

Price: $18.00

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...



United States : Selected Issues

Release Date: August, 2007

Price: $18.00

The size and sources of international spillovers of activity remain subject to significant uncertainty. This Selected Issues paper uses a new approach to differentiating these effects using more...



Eastern Caribbean Currency Union : Staff Report for the 2006 Regional Discussions

Release Date: March, 2007

Price: $18.00

This paper discusses key findings of the 2006 Regional Discussions on the Eastern Caribbean Currency Union. Fiscal revenues have improved, but there has been only a modest improvement in the fiscal more...



Eastern Caribbean Currency Union : Selected Issues

Release Date: March, 2007

Price: $18.00

This Selected Issues paper analyzes the income dispersion and comovement in the Eastern Caribbean Currency Union region. It finds that incomes are diverging, with the Leeward Islands converging to a more...



Central America : Global Integration and Regional Cooperation

Author/Editor: Markus Rodlauer, Alfred Schipke.

Release Date: July, 2005

Price: $25.00

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal more...



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