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International Monetary Fund

Most popular at the top

  • South Africaby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    In South Africa, long-term insurers experienced some strains during the financial crisis, but there were no crisis-related failures. The capital markets suffered sharp declines but no systemic failures. The three standards assessments have found the regulatory system fundamentally sound. The National Treasury has authority to set and oversee national... more...

  • South Africaby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    Banking supervision in South Africa has been effective in reducing the impact of the global financial crisis. The banks have remained profitable, and capital adequacy ratios have been maintained well above the regulatory minimum. The supervisory and regulatory framework has been strengthened substantially. A specific regulation dealing with country... more...

  • South Africaby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    South Africa has made substantial progress in addressing the recommendations of the Financial Sector Assessment Program and is continuing to build upon these accomplishments. The Financial Services Board and Department of Trade and Industry both are organizations with the legal authority to regulate and supervise these steps. The South African system... more...

  • Republic of Latvia 2010 Article IV Consultationby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    Policy efforts in Latvia have supported stabilization. Immediate risks are much lower, but medium-term challenges remain. The government should focus on durable spending cuts, but revenue measures may also be required. Efforts to strengthen regulation and supervision to improve financial stability, including reducing reliance on wholesale external... more...

  • Republic of Latviaby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    The labor market remains weak, disinflation has slowed, but falling wages are improving competitiveness. The weak economic environment is putting pressure on the banking sector. Financial conditions have deteriorated recently because of international financial market tensions. The Bank of Latvia has strengthened its liquidity management framework.... more...

  • Jamaicaby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    Economic activity is weak, but showing incipient signs of a recovery. Domestic financial markets remain stable and the growth outlook has improved. Better prospects for agriculture, mining and quarrying, and construction are expected to increase growth. Macroeconomic performance under the program continues to be positive. Jamaica has taken advantage... more...

  • Estimating Potential Output with a Multivariate Filterby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates, we find that the financial crisis has resulted in a reduction... more...

  • Export versus FDI in servicesby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of tradable services, where the marginal cost of transport... more...

  • Solomon Islandsby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    Generally, macroeconomic performance has been as envisaged at the time of the program request. The near-term outlook has improved, despite uncertain global conditions. The new government of Solomon Islands remains committed to program targets and objectives agreed. The government's efforts in adhering to program fiscal targets are commendable, as the... more...

  • Democratic Republic of the Congoby International Monetary Fund

    International Monetary Fund 2010; US$ 9.00

    The Democratic Republic of the Congo (DRC) has successfully implemented key reforms under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative, despite experiencing exceptional challenges since the decision point, including a challenging security situation. Revised present value of HIPC assistance has given satisfactory assurances of their... more...