Mexico: 2005 Article IV Consultation Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mexico PDF Download
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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451825641
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
This 2005 Article IV Consultation highlights that the economic recovery in Mexico that began in mid-2003 has continued in 2005, though at a slower pace. A broad-based expansion of economic activity in 2004, driven by a rebound of private consumption and private investment, took growth up to 4.4 percent. The fiscal accounts improved in 2004 on the strength of rising oil revenues and restraint of current expenditures, and the authorities achieved their target for the traditional deficit of 0.3 percent of GDP.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451825641
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
This 2005 Article IV Consultation highlights that the economic recovery in Mexico that began in mid-2003 has continued in 2005, though at a slower pace. A broad-based expansion of economic activity in 2004, driven by a rebound of private consumption and private investment, took growth up to 4.4 percent. The fiscal accounts improved in 2004 on the strength of rising oil revenues and restraint of current expenditures, and the authorities achieved their target for the traditional deficit of 0.3 percent of GDP.
Author:
Publisher:
ISBN:
Category : Mexico
Languages : en
Pages : 68
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Book Description
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451818386
Category : Business & Economics
Languages : en
Pages : 73
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Book Description
Despite security risks and some major natural disasters, Indonesia has continued to make steady economic progress in recent years. Recent sound macroeconomic management has calmed inflation pressures, though financial markets remain volatile. In the short term, activity should regain momentum but there are downside risks. There is scope for fiscal policy to support activity in 2006, while still firmly pursuing reduction of the public debt burden over the medium term. The authorities have done much to reduce macroeconomic vulnerabilities in recent years.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451831102
Category : Business & Economics
Languages : en
Pages : 102
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Book Description
The 2006 Article IV Consultation with Peru and request for a Stand-By Arrangement highlights that the Peruvian economy has been reaping benefits of sound policies in a favorable external environment. The new government remains committed to sustaining fiscal consolidation to entrench macroeconomic stability while boosting infrastructure and social spending to decisively reduce poverty. Executive Directors commended the progress made in identifying foreign exchange-related credit risks in the banking system, and encouraged the authorities to implement their reform agenda aimed at reducing risks from dollarization.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451826702
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
The economic expansion in Montenegro is proceeding at full strength. The economy is overheating. Rapid credit growth is overstretching banks, and has contributed to ballooning asset prices. Eroding competitiveness is a concern. Management of the boom falls on fiscal policy. Tax cuts have been procyclical and potentially destabilizing. Fiscal risks need to be contained. The main focus of credit policy should be to strengthen banking sector supervision. Completing the transition to a market economy should be kept at the top of the policy agenda.
Author: Klaus Schwab
Publisher: World Economic Forum
ISBN: 9295044118
Category : Competition, International
Languages : en
Pages : 513
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264013571
Category :
Languages : en
Pages : 137
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Book Description
This OECD 2005 Economic Survey of Chile's economy examines key challenges including encouraging innovation, continuing to foster pro-competition regulation, and making better use of labour inputs.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455207233
Category : Business & Economics
Languages : en
Pages : 58
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Book Description
The global financial crisis led to an abrupt halt in credit growth, exposed underlying vulnerabilities in the banking sector, and impaired GDP growth in Kazakhstan. Executive Directors commended the authorities for their prudent macroeconomic policies and swift response to the financial crisis. They stressed the urgency of implementing the bank resolution strategy accompanied by full assessment of recapitalization needs and improvements in the regulatory and supervisory frameworks. Directors highlighted the need for a well-capitalized and well-regulated financial system in facilitating economic diversification, and urged sustained efforts to improve governance and the business environment.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451951566
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
This 2007 Article IV Consultation highlights that the Chilean economy is enjoying a broad-based upswing, fueled by a strong global environment and buoyant domestic demand. Underpinned by supportive fiscal and monetary policies, GDP growth is expected to reach 53⁄4 percent in 2007, above the estimated potential growth rate of about 5 percent. Buoyant credit growth and strengthening labor market conditions continue to boost consumer spending and solid corporate profits. The authorities have advanced a broad structural reform agenda. The government has also launched initiatives to boost education, strengthen job-specific human capital, and promote innovation.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451841094
Category : Business & Economics
Languages : en
Pages : 68
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Book Description
The major risk factors faced by the Isle of Man (IOM), which have been given prominence by the global financial crisis, relate to large exposures toward parent banks. The recent global financial markets turmoil has had a significant impact on the Manx financial system. The paper also presents a detailed assessment of IOM’s Observance of the Basel Core Principles for Effective Banking Supervision Report. The Financial Supervision Commission has adequate power to ensure compliance with its regulations and other orders, and it uses power when the occasion demands.
