Download or read book Nicaragua Staff Report for the Article IV Consultation and the Staff monitored Program SMP for written by and published by . This book was released on 2003 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nicaragua 2012 Article IV Consultation written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-09-05 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is an overview of Nicaragua’s performance in the year 2011. The year 2012 is expected to face a recession and a moderation in the global oil prices. The tax revenue collections will be sturdy. The poverty scale will not face any oscillation. The rigid development in the business line, sustaining the electricity sector financially, and low dependence of oil imports are the anticipated preventive measures to overcome these challenges. The Board has taken these ideas as the positive outcome of a strong rule.
Download or read book Nicaragua written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-02-10 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses Nicaragua’s 2002 Article IV Consultation and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). A key program objective is medium-term fiscal sustainability. This will require a significant reduction of primary spending, while protecting poverty-reducing outlays, and an increase in tax revenues. The IMF staff recommends that the authorities’ request for a new three-year PRGF arrangement and interim HIPC assistance be approved.
Download or read book IMF Staff Papers Volume 52 No 2 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2005-08-29 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines contractionary currency crashes in developing countries. It explores the causes of India’s productivity surge around 1980, more than a decade before serious economic reforms were initiated. The paper finds evidence that the trigger may have been an attitudinal shift by the government in the early 1980s that, unlike the reforms of the 1990s, was pro-business rather than pro-market in character, favoring the interests of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity response, because India was far away from its income possibility frontier.
Download or read book Nicaragua written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2017-06-27 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights Nicaragua’s robust macroeconomic performance in 2016. Real GDP grew by 4.7 percent in 2016, supported by strong domestic demand, while inflation remained subdued at 3.1 percent as of the end of 2016, owing largely to the contribution of food prices. The current account deficit for 2016 is estimated to have narrowed to 8.6 percent of GDP, compared with 9 percent in 2015. This consolidation is largely explained by maquila exports, which have been better captured owing to improvements in statistical compilation. The current account deficit remained financed by foreign direct investment and other long-term inflows.
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Download or read book Costa Rica written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-04-24 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2001 Article IV Consultation highlights that the economic performance of Costa Rica weakened in 2000. Real GDP growth slowed to 1.7 percent, from more than 8 percent a year in 1998–99, reflecting in part deterioration in terms of trade, the end of the construction phase of a large foreign direct investment project by Intel, and the effect of high real interest rates on domestic demand. Inflation remained at 10 percent during the year. In the structural area, the assembly approved legislation to open up the telecommunications and electricity sectors to private investment.
Download or read book The Economies of Latin America written by Cesar Rodriguez and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-09-20 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Latin America accounts for approximately 7 percent of the world economy, easily accessible information on the economies of the region is not always easy to find. The existing literature on Latin American economics usually assumes some previous familiarity with the region and is focused on government policy choices. The Economies of Latin America is a book for the general reader needing a quick introduction to the economics of the region. The book is composed of three parts: the first explains Latin America’s economic history and a description of the central economic challenges of the region. The second offers country-specific details. The final part deals with the economic future of the region where the authors put forth a Latin American version of success. This book is a useful, in-depth introduction for students of Latin American economics as well as the general reader.
Download or read book Panama 2021 Article IV Consultation Press Release Staff Report and Statement by the Executive Director for Panama written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-30 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: After over two decades of unprecedented economic expansion, Panama’s economy contracted sharply in 2020 amidst challenges from the COVID-19 pandemic. As conditions rapidly deteriorated, Panama requested financial support under the Rapid Financing Instrument (RFI) for 100 percent of quota equivalent to US$0.5 billion (SDR 0.4 billion) to address immediate balance of payments needs, which the IMF Executive Board approved on April 15, 2020. Subsequently, uncertainties magnified, and Panama requested a two-year arrangement under the Precautionary and Liquidity Line (PLL) for 500 percent of quota, equivalent to US$2.7 billion (SDR 1.9 billion), as insurance against extreme external shocks, which was approved by the IMF Executive Board on January 19, 2021.
Download or read book The Capital Needs of Central Banks written by Sue Milton and published by Routledge. This book was released on 2010-10-12 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central banks have evolved over many years, and sometimes centuries, as policy-making, not profit-making, institutions, and yet they are structured legally and financially like ‘for-profit’ companies of the twenty-first century. The question is what is an appropriate level of equity, or capital, for a central bank to have so that it can function for policy effectiveness over profit-maximisation, without hindrance to the achievement and maintenance of policy goals? This collection takes the reader through historical, theoretical and factual discussions on why central banks exist and the role – actual and intended – they have in assisting their home nation in achieving monetary and financial stability. The contributions analyse the different ways central banks are funded and how funding arrangements may impact on their independence. The objective is to explore these themes first from the academic and practitioner’s views – those of the economist, accountant and lawyer’s – and then to introduce practical experiences from a range of different central banks, in terms of their economic and socio-political environments. It will be the first time that the theorist and practitioner, the accountant, the economist and the lawyer come together in one volume. The reader will be able to access the full breadth of views on this important subject. The main observations are that there is no single, quantifiable formula that central banks can use to calculate capital levels. Factors to consider are the historical context of central banks and whether capital was ever appropriate to needs at their foundation; the cultural, social and political contexts; and, in terms of the presentation of financial statements, profit and loss sharing arrangements and what accounting conventions are being used. If these are considered alongside the, often idiosyncratic, mandates individual central banks have, a qualitative understanding of what is an appropriate level of capital is achieved. This collection will be of interest to postgraduates and researchers focusing on the role of central banks in monetary economics; as well as a professional audience of central bankers, the BIS, the IMF, World Bank, EBRD and government departments.
Download or read book At War s End written by Roland Paris and published by Cambridge University Press. This book was released on 2004-05-24 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: All fourteen major peacebuilding missions launched between 1989 and 1999 shared a common strategy for consolidating peace after internal conflicts: immediate democratization and marketization. Transforming war-shattered states into market democracies is basically sound, but pushing this process too quickly can have damaging and destabilizing effects. The process of liberalization is inherently tumultuous, and can undermine the prospects for stable peace. A more sensible approach to post-conflict peacebuilding would seek, first, to establish a system of domestic institutions that are capable of managing the destabilizing effects of democratization and marketization within peaceful bounds and only then phase in political and economic reforms slowly, as conditions warrant. Peacebuilders should establish the foundations of effective governmental institutions prior to launching wholesale liberalization programs. Avoiding the problems that marred many peacebuilding operations in the 1990s will require longer-lasting and, ultimately, more intrusive forms of intervention in the domestic affairs of these states. This book was first published in 2004.
Download or read book Undoing Democracy written by David Close and published by Lexington Books. This book was released on 2004 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an effort to understand how and why democratically elected governments evade the limitations that democratic accountability and popular participation place on them, Undoing Democracy examines how democratic rule was undermined in Nicaragua in the 1990's. David Close and Kalowatie Deonandan focus their analysis on the pact struck between the country's two main parties, the Liberals and the Sandinistas, which allowed the passage of the constitutional amendments that weakened Nicaragua's basic political institutions. The authors also consider, in detail, the country's political economy as well as the roles played by civil society, the Catholic Church, and NGOs. Undoing Democracy will sharpen our understanding of democratic transition and consolidation, and will serve as an important contribution to the literature on Nicaragua, Latin American politics, and democratization.
Download or read book Minerals Yearbook written by and published by . This book was released on 2000 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book El Salvador Staff Report for the Article IV Consultation written by and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Biennial Review of the Implementation of the Fund s Surveillance and of the 1977 Surveillance Decision Surveillance in a Program Environment written by International Monetary Fund. Policy Development and Review Dept. and published by International Monetary Fund. This book was released on 2002-03-15 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Publications Catalog written by International Monetary Fund and published by . This book was released on 2004 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nicaragua Fourth Review Under the Three Year Arrangement Under the Poverty Reduction and Growth Facility Request for Waivers of Performance Criteria and Financing Assurances Review Staff Report Staff Statement Press Release on the Executive Board Discussion and Statement by the Executive Director for Nicaragua written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-03-18 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: The draft 2004 budget passed by the assembly is consistent with the Financial Sector Assessment Program (FSAP). Achieving the programmed strengthening of the tax effort remains a challenge. On the expenditure side, the aim is to improve the anti-poverty and pro-growth orientation of public spending. The operating surplus of state enterprises is improved in 2004. The stance of monetary policy is appropriate, as evidenced by the continued achievement of the program objectives for Net International Reserves (NIR) and inflation (in the context of the crawling peg regime).
