Namibia PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Namibia PDF full book. Access full book title Namibia by International Monetary Fund. Monetary and Capital Markets Department. Download full books in PDF and EPUB format.
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484347080
Category : Business & Economics
Languages : en
Pages : 71
Get Book Here
Book Description
The paper assesses the stability of Namibia’s financial system. Macrofinancial vulnerabilities have built up over a period of rapid economic growth in Namibia, and the financial cycle has now turned down. The sovereign debt/GDP ratio has nearly doubled since 2014 which has reinforced the already strong bank-sovereign link. The rapid rise in housing prices and household debt, banks’ large exposure to mortgages, and banks reliance on wholesale funding are sources of concern. A major decline in real estate prices would adversely affect bank capital and profitability. Financial sector oversight has been strengthened significantly since the 2006 Financial System Assessment Program, but further upgrades are needed.
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484347080
Category : Business & Economics
Languages : en
Pages : 71
Get Book Here
Book Description
The paper assesses the stability of Namibia’s financial system. Macrofinancial vulnerabilities have built up over a period of rapid economic growth in Namibia, and the financial cycle has now turned down. The sovereign debt/GDP ratio has nearly doubled since 2014 which has reinforced the already strong bank-sovereign link. The rapid rise in housing prices and household debt, banks’ large exposure to mortgages, and banks reliance on wholesale funding are sources of concern. A major decline in real estate prices would adversely affect bank capital and profitability. Financial sector oversight has been strengthened significantly since the 2006 Financial System Assessment Program, but further upgrades are needed.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451828446
Category : Business & Economics
Languages : en
Pages : 61
Get Book Here
Book Description
This paper discusses key findings of the Financial System Stability Assessment for Namibia, including the Report on the Observance of Standards and Codes on Banking Supervision. The financial system of Namibia appears healthy, well-run, and resilient to plausible macroeconomic shocks. Namibia has one of the most sophisticated and highly developed financial systems in Africa. It comprises a diverse range of institutions, which are mostly private. The banking sector is mature, profitable, and well capitalized. The nonbank financial institutions sector is also well developed.
Author: Sylvanus I. Ikhide
Publisher:
ISBN:
Category : Banking systems
Languages : en
Pages : 142
Get Book Here
Book Description
"The book strives to present information on the structure of the nation's financial system and the operations of the different institutions that make up that structure."--Pref.
Author: Kennedy Kolulyolomwene Johannes
Publisher:
ISBN:
Category : Banks and banking|zNamibia
Languages : en
Pages : 0
Get Book Here
Book Description
This study aims to empirically investigate whether a long-run relationship exists between the development of the non-bank financial institutions (NBFIs) sector and economic growth in Namibia and to further determine the direction of causality thereof. The study uses time series quarterly data over the period 2001:Q1 to 2019:Q4 and utilizes the Autoregressive Distributed Lag (ARDL) model to examine the long-run relationship between the variables after having carried out the unit root test employing Kwiatkowski-Phillips-Schmidt-Shin (KPSS). The empirical results of the study show a positive significant relationship between NBFIs development and per capita growth standing for Namibia economic growth both in the long run and short run. This implies that the development of NBFIs can serve as an important locomotive for fostering economic growth in the Namibian context. Surprisingly, unlike majority of the finance-growth studies that support either the supply-leading or demand-following hypothesis, the Granger causality test of this study indicate that there exists no causal linkage between the two variables of interest, which is the development of NBFIs and economic growth. The study however found a bidirectional causal relationship between GDP and labour. The Cumulative Sum (CUSUM) and Cumulative Sum of Squares (CUSUMQ) test results confirmed the structural stability of the ARDL model. Policy makers are thus advised to consider promulgating laws aimed at developing the NBFI sector and those that encourages pension funds and other institutional investors to invest more in the domestic economy.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475559089
Category : Business & Economics
Languages : en
Pages : 29
Get Book Here
Book Description
This Selected Issues paper assesses the impact of alternative fiscal consolidation strategies on Namibia’s growth. It uses a model developed at the IMF to gain insights on what would be a growth-friendly composition of the fiscal adjustment. The analysis suggests that a combined strategy of revenue and expenditure measures has lower negative effects on growth than a pure expenditure-based adjustment. Structural reforms improving the efficiency of public investment can further reduce the negative effect of consolidation on growth, and potentially strengthen growth. Overall, minimizing the negative impact of fiscal consolidation on growth requires combining revenue and expenditure measures, together with fiscal structural reforms.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1475580398
Category : Business & Economics
Languages : en
Pages : 48
Get Book Here
Book Description
This Selected Issues paper explores the question of what kind of structural policies could boost productivity growth in small middle-income countries (SMICs), including Namibia. The findings suggest that although macroeconomic stability and trade openness are necessary for productivity growth, they are not sufficient. SMICs need to improve the quality of their public spending, most notably on education to minimize the skill mismatch in the labor market, reduce the regulatory burden on firms, improve access to finance by small and medium-sized enterprises, and create the enabling environment to facilitate structural transformation in these economies.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1513597299
Category : Business & Economics
Languages : en
Pages : 33
Get Book Here
Book Description
This Selected Issues paper examines macro-financial risks associated with housing boom in Namibia. Namibia has enjoyed stable and steady progress in financial sector developments, but vulnerabilities might have built up. The recent evolution of Namibia’s housing prices raises a question as to whether the prices reflect economic fundamentals. Overall, estimates based on cross-country evidence of countries that experienced a boom-bust episode in the housing sector suggest that Namibia’s real economic growth could be 3 to 27 percentage points lower than under the baseline scenario over a three-year period. Under the most adverse scenario, in particular, GDP is expected to contract 9.9 percent in real terms over the three-year projection period.
Author: Ulrich Baumgartner
Publisher:
ISBN:
Category :
Languages : en
Pages : 59
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 140
Get Book Here
Book Description
Author: Fondo Monetario Internacional
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
