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Achieving Stabilization in Armenia1

Achieving Stabilization in Armenia1 »

Source: Achieving Stabilization in Armenia

Volume/Issue: 1998/38

Series: IMF Working Papers

Author(s): Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

ISBN: 9781451845662

Keywords: transition economy, fiscal impulse, monetary impulse, currency substitution, inflation, monetary policy, inflation tax, foreign currency, foreign exchange

This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilita...

Armenia

Armenia »

Source: Armenia : Recent Economic Developments

Volume/Issue: 1995/111

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 1995

ISBN: 9781451801408

Keywords: foreign exchange, wage, wages, banking, banking system

This paper reviews economic developments in the Republic of Armenia during the 1990s. Real GDP declined by a cumulative 60 percent in 1992-93; price changes reached hyperinflation levels in late 1993; and real wage...

Armenia

Armenia »

Source: Armenia : Recent Economic Developments and Selected Issues

Volume/Issue: 1999/128

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 November 1999

ISBN: 9781451801439

Keywords: banking, banking system, foreign exchange, tax revenues, tax system

This paper reports economic developments in the Republic of Armenia during 1998-99. Prior to August 1998, real GDP growth was strong, inflation had declined to moderate levels, the current account deficit was decli...

Armenia

Armenia »

Source: Armenia : An Assessment of the Real Exchange Rate and Competitiveness

Volume/Issue: 2011/20

Series: IMF Working Papers

Author(s): Anke Weber , and Chunfang Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781455211951

Keywords: Equilibrium exchange rate, competitiveness, panel estimations, exchange rate, real exchange rate, cointegration, survey, Open Economy Macroeconomics,

This paper uses a range of different methodologies to estimate the equilibrium real exchange rate in Armenia with both single-country and panel estimation techniques. We estimate a country specific autoregressive d...

The Caucasus and Central Asia: Transitioning to Emerging Markets

The Caucasus and Central Asia: Transitioning to Emerging Markets »

Source: The Caucasus and Central Asia : Transitioning to Emerging Markets

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2014

ISBN: 9781484305140

Keywords: Energy sector, Emerging markets, Financial sector, Economic growth, Bank supervision, Political economy, Fiscal reforms, Fiscal policy, Monetary policy, Middle East and Central Asia

The countries in the Caucasus and Central Asia (CCA) have recorded significant macroeconomic achievements since independence. These countries have grown more rapidly--on average by 7 percent over 1996-2011--than th...

7 Central Bank Accounting and Internal Audit

7 Central Bank Accounting and Internal Audit »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

The broad focus of reforms in central bank accounting and internal audit has been on the implementation of accounting systems that are both relevant and practical for supporting the...

Central Bank Reform in the Transition Economies

Central Bank Reform in the Transition Economies »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

DOI: http://dx.doi.org/10.5089/9781557756084.071

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States have undertaken comprehensive reform of their monetary and exchange arrangements in support of their stabilization effor...

Front Matter

Front Matter »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States have undertaken comprehensive reform of their monetary and exchange arrangements in support of their stabilization effor...

3. Channels of Spillovers to Neighboring Countries

3. Channels of Spillovers to Neighboring Countries »

Source: The Spillover Effects of Russia's Economic Slowdown on Neighboring Countries

Series: Departmental Papers / Policy Papers

Author(s): Ara Stepanyan , Agustin Roitman , Gohar Minasyan , Dragana Ostojic , and Natan Epstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2015

ISBN: 9781513571348

Keywords: External shocks, Russian Federation, Economic growth, Negative spillovers, Regional shocks, Central Asia and the Caucasus, Central and Eastern Europe, Baltics, Regional trade, Remittances

Trade and remittances are the main channels of outward spillovers from Russia on neighboring countries (see Figure 1). Trade channel is particularly prominent in CIS and Baltic countries, given...

Chapter 6. CCA Fiscal Policy and Fiscal Frameworks

Chapter 6. CCA Fiscal Policy and Fiscal Frameworks »

Source: The Caucasus and Central Asia : Transitioning to Emerging Markets

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2014

ISBN: 9781484305140

Keywords: Energy sector, Emerging markets, Financial sector, Economic growth, Bank supervision, Political economy, Fiscal reforms, Fiscal policy, Monetary policy, Middle East and Central Asia

The fiscal situation and fiscal institutions of CCA countries improved substantially over the last 20 years, although fiscal and public debt positions deteriorated following the global crisis and in most CCA...