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International Monetary Fund. Western Hemisphere Dept.

The article highlights the economic condition, fiscal policies, external stability, and financial growth strategy of The Bahamas. The economy of The Bahamas showed gradual growth of about 2.5 percent by 2012, but there were challenges for the country. The nation has to rebuild macroeconomic buffers against external imbalances, regulate nonperforming loans, reduce unemployment, and increase the business sector. This assessment is an analysis of The Bahamas’ recent development and forthcoming plans to encounter global threats.

International Monetary Fund. Western Hemisphere Dept.

This 2013 Article IV Consultation highlights economic developments and policies in The Bahamas. The paper focuses on policies to secure fiscal, external, and the financial sector stability, and strengthen medium-term growth. It outlines that the authorities need to implement comprehensive policies to restrict the central government deficit and reduce debt to comfortable levels. It suggests that economic activity in The Bahamas is expected to pick up more strongly from 2014 onward as the U.S. recovery accelerates and The Bahamas starts operations. Also, investment is projected to remain strong in the near future.

International Monetary Fund

This paper examines a few selected aspects of adjustment and restructuring in the Czech enterprise sector. It examines financial performance of the Czech enterprise sector, drawing on data reported by nonfinancial enterprises to the Czech Statistical Office (CSO) in 1993. The findings reveal that significant progress has been made in the nonfinancial aspects of adjustment, but a large part of the enterprise sector has been slow to adopt measures to achieve sustainable financial viability.

International Monetary Fund

Abstract

The member states of the European Community (EC) and the European Free Trade Association (EFTA) have a special relationship based on geographic proximity, a shared history, common values and—as many see it—a shared destiny.1,2 They are also each other’s most important trading partners (Charts 1 and 2). The EC countries account for over 50 percent of the EFTA countries’ exports and more than 60 percent of their imports. Indeed, the EFTA countries trade as extensively with the EC countries as the EC countries trade among themselves. On the other hand, the EFTA countries by themselves do not constitute a cohesive area. Intra-EFTA trade is—with the exceptions of trade between Switzerland and Austria and between Finland, Norway, and Sweden—insignificant relative to the trade of individual EFTA countries with the EC.

International Monetary Fund

Abstract

The issue of economic and political integration has been on the Western European agenda since the end of World War II (Siegler, 1961). The first step toward forming the European Communities (EC) was taken in 1951, when Belgium, France, Germany, Italy, Luxembourg, and the Netherlands formed the European Coal and Steel Community (ECSC) with a supranational administrative body, the High Authority.6 In 1955, following the failure of plans to form a European Defense Community and a European Political Union, the same six countries agreed in principle to form a common market, which envisaged the free movement of goods, services, labor, and capital—the “four freedoms.” The founding document of the European Economic Community (EEC)—the EEC Treaty, signed in March 1957—embodied a vision for broadly based economic integration going well beyond simple cooperation on trade issues.

International Monetary Fund

Abstract

A number of institutional and legal issues arise as a result of efforts toward intensified EC-EFTA cooperation. There is a need for increased mutual recognition in civil law, particularly with regard to commercial judgments, and the institutional changes that may be required as part of the creation of the EES. Other relevant issues include corporate law and industrial and intellectual property.

International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund
In this study, the following statistical data are presented in detail: composition of gross domestic product, industrial production, civil employment by factor, agricultural production, electricity production and consumption, developments in wholesale and consumer prices, operations of the central state budget, operations of local authorities, transfers to households, monetary survey, structure of domestic currency deposits, distribution of classified loans by maturity, selected interest rates, minimum reserve requirements, balance of payments, commodity composition of exports and imports, foreign direct investment by industry and country, and so on.
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.