Volume/Issue: 2017/354
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
November
2017
DOI: http://dx.doi.org/10.5089/9781484330043.002
ISBN: 9781484330043
The prolonged political uncertainty has taken a toll on economic growth, with
investment suffering because of weak sentiment. With the formation of the new government,
policies should now focus on rebuilding fiscal...
Volume/Issue: 2016/356
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
November
2016
DOI: http://dx.doi.org/10.5089/9781475554816.002
ISBN: 9781475554816
This 2016 Article IV Consultation highlights that the economy of the Former Yugoslav Republic of Macedonia has been growing at a solid pace on the back of strong domestic demand and exports. The real GDP is now 16...
Volume/Issue: 2016/357
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
November
2016
DOI: http://dx.doi.org/10.5089/9781475554861.002
ISBN: 9781475554861
This Selected Issues paper quantifies the short- and medium-term growth effects of major ongoing highway and railway projects in the Former Yugoslav Republic of Macedonia. A standard neoclassical growth model is au...
Volume/Issue: 2016/155
Series: IMF Working Papers
Author(s):
Sheila Quinn
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
July
2016
DOI: http://dx.doi.org/10.5089/9781475520088.001
ISBN: 9781475520088
This paper surveys European gender budgeting efforts, which have enjoyed sustained support for more than a decade and a half. In a number of countries, gender budgeting led to significant changes in budget legislat...
Series: Annual Report on Exchange Arrangements and Exchange Restrictions
Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2015
DOI: http://dx.doi.org/10.5089/9781513528793.012
ISBN: 9781513528793
This is the 66th issue of the AREAER, which provides comprehensive descriptions of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It describes each...
Volume/Issue: 2015/242
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
September
2015
DOI: http://dx.doi.org/10.5089/9781513544663.002
ISBN: 9781513544663
This 2015 Article IV Consultation highlights that the economic recovery of Former Yugoslav Republic of Macedonia has strengthened. Real GDP growth accelerated to 3.8 percent in 2014, from 2.7 percent in 2013. Stron...
Volume/Issue: 2015/243
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
September
2015
DOI: http://dx.doi.org/10.5089/9781513551395.002
ISBN: 9781513551395
This Selected Issues paper analyzes export competitiveness in the Former Yugoslav Republic of Macedonia (FYR Macedonia). Export performance in FYR Macedonia has been strong over the last decade, critically contribu...
Volume/Issue: 2015/118
Series: IMF Working Papers
Author(s):
Ernesto Crivelli
,
Ruud A. Mooij
, and
Michael Keen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
May
2015
DOI: http://dx.doi.org/10.5089/9781513563831.001
ISBN: 9781513563831
International corporate tax issues are prominent in public debate, notably with the G20-OECD project addressing Base Erosion and Profit Shifting (‘BEPS'). But while there is considerable empirical evidence for adva...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
March
2015
DOI: http://dx.doi.org/10.5089/9781498356510.086
ISBN: 9781498356510
This report analyses the main economic developments and achievements in the Western Balkan countries, and lays out the key macroeconomic policy challenges for the future....
Volume/Issue: 2015/18
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
January
2015
DOI: http://dx.doi.org/10.5089/9781484392669.002
ISBN: 9781484392669
KEY ISSUES The jobs and growth agenda should remain a top policy priority, with efforts focused on relaxing key constraints for domestic firms. Priorities include properly implementing and monitoring recent initiat...
Volume/Issue: 2014/231
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
July
2014
DOI: http://dx.doi.org/10.5089/9781498376549.002
ISBN: 9781498376549
Growth accelerated to 3.1 percent in 2013, driven by a positive net exports contribution. The broad policy direction is supportive of near term macroeconomic stability. The key challenge is to transition from stabi...
Volume/Issue: 2014/232
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
July
2014
DOI: http://dx.doi.org/10.5089/9781498376150.002
ISBN: 9781498376150
...
Volume/Issue: 2014/62
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2014
DOI: http://dx.doi.org/10.5089/9781475570809.002
ISBN: 9781475570809
This paper reviews the key points of Second Post-Program Monitoring Discussions with the Former Yugoslav Republic of Macedonia (FYR Macedonia). Growth in FYR Macedonia continues to strengthen, although the recovery...
Volume/Issue: 2014/16
Series: IMF Working Papers
Author(s):
Dmitriy Kovtun
,
Alexis Mayer Cirkel
,
Zuzana Murgasova
,
Dustin Smith
, and
Suchanan Tambunlertchai
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
January
2014
DOI: http://dx.doi.org/10.5089/9781484391037.001
ISBN: 9781484391037
Labor markets in the Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia) are characterized by some of the highest unemployment and low employment rates in Europe. W...
Volume/Issue: 2013/367
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
December
2013
DOI: http://dx.doi.org/10.5089/9781484313213.002
ISBN: 9781484313213
This 2013 Article IV Consultation highlights that Côte d'Ivoire is recovering from a long period of economic stagnation and political conflict that culminated in the post-election crisis of end-2010 and early 2011....
Volume/Issue: 2013/178
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
June
2013
DOI: http://dx.doi.org/10.5089/9781484323717.002
ISBN: 9781484323717
Conservative policies, together with external official assistance, provided Macedonia with buffers to confront spillovers from the global crisis and deal with domestic shocks. External and financial stability have...
Volume/Issue: 2013/179
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
June
2013
DOI: http://dx.doi.org/10.5089/9781484336670.002
ISBN: 9781484336670
The Macedonian labor market exhibits a high unemployment rate, yet does not demonstrate obvious and large enough constraints on the demand or supply side. Considerable achievements can be made by maintaining macroe...
Volume/Issue: 2013/118
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
May
2013
DOI: http://dx.doi.org/10.5089/9781484301838.002
ISBN: 9781484301838
This paper discusses findings of the Technical Assistance Evaluation Report for the former Yugoslav Republic of Macedonia. Overall, the authorities indicated that technical assistance (TA) and training had been ver...
Series: Annual Report of the Executive Board
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
October
2012
DOI: http://dx.doi.org/10.5089/9781616354152.011
ISBN: 9781616354152
The IMF's 2012 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2012, which covers the period from May 1, 2011, thr...
Volume/Issue: 2012/252
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
August
2012
DOI: http://dx.doi.org/10.5089/9781475506785.002
ISBN: 9781475506785
The Austrian authorities introduced new supervisory guidance aiming at constraining the funding model of the three largest Austrian banks' subsidiaries. The guidance introduced the concept of Loan-to-Local-Stable-F...
Volume/Issue: 2012/134
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2012
DOI: http://dx.doi.org/10.5089/9781475504156.002
ISBN: 9781475504156
This Selected Issues Paper assesses Macedonia's public debt markets and presents recommendations for their further development. Macedonia's domestic debt market is in the early stages of development and is small by...
Volume/Issue: 2012/133
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
June
2012
DOI: http://dx.doi.org/10.5089/9781475504149.002
ISBN: 9781475504149
This 2011 Article IV Consultation highlights that Macedonia is poised to achieve low but positive growth under the baseline scenario of a shallow recession in the euro area. Under a downside scenario, growth would...
Series: Summary Proceedings
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
April
2012
DOI: http://dx.doi.org/10.5089/9781475504682.015
ISBN: 9781475504682
The speeches made by officials attending the IMF-World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Develo...
Volume/Issue: 2012/22
Series: IMF Working Papers
Author(s):
Mahvash Qureshi
,
Atish Ghosh
,
Juan Zalduendo
, and
Jun Kim
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2012
DOI: http://dx.doi.org/10.5089/9781463931841.001
ISBN: 9781463931841
This paper examines why surges in capital flows to emerging market economies (EMEs) occur, and what determines the allocation of capital across countries during such surge episodes. We use two different methodologi...
Volume/Issue: 2012/40
Series: IMF Working Papers
Author(s):
Obert Nyawata
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2012
DOI: http://dx.doi.org/10.5089/9781463933838.001
ISBN: 9781463933838
This paper discusses the challenging question of whether central banks should use treasury bills or central bank bills for draining excess liquidity in the banking system. While recognizing that there are practical...
Volume/Issue: 2011/287
Series: IMF Working Papers
Author(s):
Maral Shamloo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2011
DOI: http://dx.doi.org/10.5089/9781463927219.001
ISBN: 9781463927219
In this paper we study the dynamics of inflation in Macedonia, provide three forecasting tools and draw some policy conclusions from the quantitative results. We explore three forecasting methods for inflation. We...
Series: Annual Report of the Executive Board
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
September
2011
DOI: http://dx.doi.org/10.5089/9781616351106.011
ISBN: 9781616351106
The IMF's 2011 Annual Report chronicles the response of the Fund's Executive Board and staff to the global financial crisis and other events during financial year 2011, which covers the period from May 1, 2010, thr...
Volume/Issue: 2011/280
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
September
2011
DOI: http://dx.doi.org/10.5089/9781463902988.002
ISBN: 9781463902988
The report says that Macedonia continues to pursue sound economic policies that are consistent with the program supported by the Precautionary Credit Line (PCL) arrangement. The authorities strengthened debt manage...
Volume/Issue: 2011/217
Series: IMF Working Papers
Author(s):
Sanjeev Gupta
,
Alvar Kangur
,
Abdoul Wane
, and
Chris Papageorgiou
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2011
DOI: http://dx.doi.org/10.5089/9781463903503.001
ISBN: 9781463903503
This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant...
Volume/Issue: 2011/177
Series: IMF Working Papers
Author(s):
Concha Verdugo Yepes
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2011
DOI: http://dx.doi.org/10.5089/9781462312306.001
ISBN: 9781462312306
This paper assesses countries' compliance with the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) international standard during the period 2004 to 2011. We find that overall compliance is...
Series: Government Finance Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
March
2011
DOI: http://dx.doi.org/10.5089/9781616350048.043
ISBN: 9781616350048
Detailed annual data for Fund member governments are supplied on revenue income by source (tax, lending, bonds, etc.), and expenditure by sector (defense, education, health, etc.) for all levels of government (nati...
Volume/Issue: 2011/42
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
February
2011
DOI: http://dx.doi.org/10.5089/9781455216680.002
ISBN: 9781455216680
In this study, economic recovery and growth of Macedonia are discussed. In the financial sector, nonperforming loans (NPLs) rose, and bank profitability declined as a result of the crisis. Executive Directors agree...
Volume/Issue: 2011/33
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
February
2011
DOI: http://dx.doi.org/10.5089/9781455216673.002
ISBN: 9781455216673
This paper asks 1) whether reliance on Eurobond financing over the medium term is consistent with sound debt management policy and 2) whether Macedonia can reasonably expect Eurobond borrowing costs to fall in the...
Volume/Issue: 2011/30
Series: IMF Working Papers
Author(s):
Alexander Tieman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2011
DOI: http://dx.doi.org/10.5089/9781455216772.001
ISBN: 9781455216772
This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electr...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
November
2010
DOI: http://dx.doi.org/10.5089/9781616350024.044
ISBN: 9781616350024
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Series: Occasional Papers
Author(s):
Annalisa Fedelino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
October
2010
DOI: http://dx.doi.org/10.5089/9781589069855.084
ISBN: 9781589069855
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided by the IMF to a wide...
Volume: 10
Series: Technical Notes and Manuals
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2010
DOI: http://dx.doi.org/10.5089/9781462318254.005
ISBN: 9781462318254
This technical note describes the interaction of government cash management with other financial policies. The note offers guidance on policy, institutional, and practical issues for governments looking to develop...
Series: Government Finance Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
April
2010
DOI: http://dx.doi.org/10.5089/9781589068629.043
ISBN: 9781589068629
Detailed annual data for Fund member governments are supplied on revenue income by source (tax, lending, bonds, etc.), and expenditure by sector (defense, education, health, etc.) for all levels of government (nati...
Volume/Issue: 2010/67
Series: IMF Working Papers
Author(s):
Marc Schiffbauer
, and
Sandra Ospina
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2010
DOI: http://dx.doi.org/10.5089/9781451982114.001
ISBN: 9781451982114
This paper presents empirical evidence on the impact of competition on firm productivity. Using firm-level observations from the World Bank Enterprise Survey database, we find a positive and robust causal relations...
Volume/Issue: 2010/75
Series: IMF Working Papers
Author(s):
Adam Leive
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2010
DOI: http://dx.doi.org/10.5089/9781451982183.001
ISBN: 9781451982183
Economic Transition and Health Care Reform: The Experience of Europe and Central Asia...
Volume/Issue: 2010/66
Series: IMF Working Papers
Author(s):
Markus Haacker
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2010
DOI: http://dx.doi.org/10.5089/9781451982107.001
ISBN: 9781451982107
While production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do benefit from capital deepening arising from falling prices of ICT equipment. Adapting established g...
Volume/Issue: 2009/20
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
January
2010
DOI: http://dx.doi.org/10.5089/9781451826173.002
ISBN: 9781451826173
This Selected Issues paper assesses the desired level of foreign exchange reserves in the Former Yugoslav Republic of Macedonia, given its commitment to maintain the exchange rate peg. A variety of methods includin...
Volume/Issue: 2010/19
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2010
DOI: http://dx.doi.org/10.5089/9781451826166.002
ISBN: 9781451826166
This 2009 Article IV Consultation highlights that the Former Yugoslav Republic of Macedonia's vulnerability at the outset of the global crisis was its large current account deficit in the context of the exchange ra...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
December
2009
DOI: http://dx.doi.org/10.5089/9781589068728.044
ISBN: 9781589068728
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Series: Web Based Statistical Publications
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
November
2009
DOI: http://dx.doi.org/10.5089/9781475510102.037
ISBN: 9781475510102
Several high-level international groups urged development of methodological standards for securities statistics. In response, the Bank for International Settlements (BIS), the European Central Bank (ECB), and the I...
Volume/Issue: 2009/41
Series: IMF Working Papers
Author(s):
Edda Zoli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2009
DOI: http://dx.doi.org/10.5089/9781451871890.001
ISBN: 9781451871890
This paper assesses the role of international commodity prices, cyclical fluctuations, and convergence in driving inflation in 18 European emerging economies. Country specific VARs and panel estimates indicate that...
Volume/Issue: 2009/60
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
February
2009
DOI: http://dx.doi.org/10.5089/9781451826159.002
ISBN: 9781451826159
The staff report for the 2008 Article IV Consultation of the Former Yugoslav Republic of Macedonia discusses economic developments and policies. The new government's economic program aims to raise growth further, b...
Volume/Issue: 2009/61
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
February
2009
DOI: http://dx.doi.org/10.5089/9781451952711.002
ISBN: 9781451952711
This Selected Issues paper for the former Yugoslav Republic of Macedonia is examined. Real GDP growth accelerated to 5 percent in 2007 and 6 percent in the first half of 2008, from its historical average of about 3...
Series: Summary Proceedings
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
January
2009
DOI: http://dx.doi.org/10.5089/9781589067899.015
ISBN: 9781589067899
The speeches made by officials attending the IMF-World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Develo...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
December
2008
DOI: http://dx.doi.org/10.5089/9781589067530.044
ISBN: 9781589067530
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Series: International Financial Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
November
2008
DOI: http://dx.doi.org/10.5089/9781589067523.041
ISBN: 9781589067523
The International Financial Statistics Yearbook, usually published in September, contains available annual data covering 12 years for countries appearing in the monthly issues of IFS. The IFS service is the standar...
Series: International Financial Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2008
DOI: http://dx.doi.org/10.5089/9781451964165.041
ISBN: 9781451964165
International Financial Statistics provides a complete library of continuously updated international statistics on all aspects of international and domestic finance. The monthly print edition contains over 1,000 pa...
Series: International Financial Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
June
2008
DOI: http://dx.doi.org/10.5089/9781451964097.041
ISBN: 9781451964097
International Financial Statistics provides a complete library of continuously updated international statistics on all aspects of international and domestic finance. The monthly print edition contains over 1,000 pa...
Volume/Issue: 2008/94
Series: IMF Working Papers
Author(s):
Junko Koeda
, and
Era Dabla-Norris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2008
DOI: http://dx.doi.org/10.5089/9781451869552.001
ISBN: 9781451869552
The paper relies on a firm-level data on transition economies to examine the relationship between informality and bank credit. We find evidence that informality is robustly and significantly associated with lower a...
Volume/Issue: 2008/107
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
March
2008
DOI: http://dx.doi.org/10.5089/9781451826142.002
ISBN: 9781451826142
Macedonia's economic performance under the program has remained strong, reflecting the authorities' commitment to build on the progress made and to advance the reform agenda. The average inflation rate was 2.3 perc...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
November
2007
DOI: http://dx.doi.org/10.5089/9781589066564.044
ISBN: 9781589066564
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Volume/Issue: 2007/261
Series: IMF Working Papers
Author(s):
Patrick Imam
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2007
DOI: http://dx.doi.org/10.5089/9781451868241.001
ISBN: 9781451868241
We analyze the effect of IMF programs on economic agents' expectations about the economy in transitional countries using survey data from the Central and Eastern Eurobarometer poll, an annual general public survey...
Volume/Issue: 2007/257
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
July
2007
DOI: http://dx.doi.org/10.5089/9781451826135.002
ISBN: 9781451826135
This paper discusses the Former Yugoslav Republic of Macedonia's Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria and Rephasing of the Program. The 2007 fiscal deficit tar...
Volume/Issue: 2007/126
Series: IMF Working Papers
Author(s):
Zhaogang Qiao
, and
Johannes Herderschee
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2007
DOI: http://dx.doi.org/10.5089/9781451866902.001
ISBN: 9781451866902
The paper provides quantitative estimates of the impact of the European trade agreements on trade flows. It applies both static and dynamic panel estimation techniques. The results are useful to policymakers becaus...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
December
2006
DOI: http://dx.doi.org/10.5089/9781589065789.044
ISBN: 9781589065789
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Series: Occasional Papers
Author(s):
David Hoelscher
,
Michael Taylor
, and
Ulrich Klueh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
December
2006
DOI: http://dx.doi.org/10.5089/9781589065031.084
ISBN: 9781589065031
This paper describes recently established deposit insurance systems, identifying emerging trends. In line with previous IMF work on the subject, it argues against the development of "best practices" applicable to a...
Volume/Issue: 2006/290
Series: IMF Working Papers
Author(s):
Erik Lueth
, and
Marta Ruiz-Arranz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2006
DOI: http://dx.doi.org/10.5089/9781451865509.001
ISBN: 9781451865509
This paper creates the first dataset of bilateral remittance flows for a limited set of developing countries and estimates a gravity model for workers' remittances. We find that most of the variation in bilateral r...
Volume/Issue: 2006/261
Series: IMF Working Papers
Author(s):
Eva Gutierrez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2006
DOI: http://dx.doi.org/10.5089/9781451865219.001
ISBN: 9781451865219
This paper reviews a broad set of indicators of competitiveness in the Macedonian economy and estimates the equilibrium real effective exchange rate (REER) using different methodologies. Although the REER is broadl...
Volume/Issue: 2006/344
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2006
DOI: http://dx.doi.org/10.5089/9781451826111.002
ISBN: 9781451826111
Macedonia showed an economic recovery owing to its macroeconomic policies. Executive Directors appreciated the sound fiscal policies and efforts in bringing inflation under control and increasing international res...
Volume/Issue: 2006/345
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
October
2006
DOI: http://dx.doi.org/10.5089/9781451826128.002
ISBN: 9781451826128
The paper analyzes the export performance and external competitiveness in FYR Macedonia. It describes the trends in the account balance, external vulnerabilities, and different approaches to estimate the equilibriu...
Volume/Issue: 2006/244
Series: IMF Working Papers
Author(s):
Sanjeev Gupta
,
Alejandro Simone
, and
Alex Segura-Ubiergo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2006
DOI: http://dx.doi.org/10.5089/9781451865042.001
ISBN: 9781451865042
This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001. Unlike most previous studies using cross-country regressions, the paper fin...
Series: Direction of Trade Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
September
2006
DOI: http://dx.doi.org/10.5089/9781451930375.042
ISBN: 9781451930375
This publication provides data on the country and area distribution of countries exports and imports as reported by themselves or by their partners. The quarterly issues cover data for the most recent six quarters...
Series: International Financial Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
September
2006
DOI: http://dx.doi.org/10.5089/9781589065772.041
ISBN: 9781589065772
The International Financial Statistics Yearbook, usually published in September, contains available annual data covering 12 years for countries appearing in the monthly issues of IFS. The IFS service is the standar...
Volume/Issue: 2006/282
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
July
2006
DOI: http://dx.doi.org/10.5089/9781451826104.002
ISBN: 9781451826104
This report summarizes the Observance of Standards and Codes on Fiscal Transparency for the Former Yugoslav Republic of Macedonia. It provides an assessment of fiscal transparency practices in the Former Yugoslav R...
Series: Summary Proceedings
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
July
2006
DOI: http://dx.doi.org/10.5089/9781589065116.015
ISBN: 9781589065116
The speeches made by officials attending the IMF-World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Develo...
Volume/Issue: 2006/188
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
May
2006
DOI: http://dx.doi.org/10.5089/9781451826098.002
ISBN: 9781451826098
This paper discusses key findings of the First Review Under the Stand-By Arrangement for Macedonia. Macroeconomic performance of Macedonia remains strong. Through end-December 2005, the authorities met all of the p...
Series: Seminar Volumes
Author(s):
Alessandro Rebucci
, and
Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
April
2006
DOI: http://dx.doi.org/10.5089/9781589063617.072
ISBN: 9781589063617
Research work by the IMF's staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to 'open up the bl...
Volume/Issue: 2006/26
Series: IMF Working Papers
Author(s):
David Hauner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2006
DOI: http://dx.doi.org/10.5089/9781451862867.001
ISBN: 9781451862867
We examine the effects of public sector borrowing from the domestic banking system on financial development in middle-income countries. While these countries' external debt has been falling, the share of bank credi...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2005
DOI: http://dx.doi.org/10.5089/9781589064607.044
ISBN: 9781589064607
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Volume/Issue: 2005/230
Series: IMF Working Papers
Author(s):
Roger Kronenberg
, and
Alessandro Giustiniani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2005
DOI: http://dx.doi.org/10.5089/9781451862492.001
ISBN: 9781451862492
The aim of this paper is to take a closer look at IMF conditionality in the banking sector. Our analysis shows that while such conditionality became more stringent following the Asian crisis, compliance has remaine...
Volume/Issue: 34/17
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
September
2005
DOI: http://dx.doi.org/10.5089/9781451938883.023
ISBN: 9781451938883
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...
Volume/Issue: 2005/339
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
September
2005
DOI: http://dx.doi.org/10.5089/9781451952889.002
ISBN: 9781451952889
This paper discusses the Former Yugoslav Republic of Macedonia's (FYR Macedonia) Request for a Stand-By Arrangement and Extension of Repurchase Expectations. The authorities have asked the IMF to support an ambitio...
Volume/Issue: 34/14
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2005
DOI: http://dx.doi.org/10.5089/9781451938760.023
ISBN: 9781451938760
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...
Volume/Issue: 34/13
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2005
DOI: http://dx.doi.org/10.5089/9781451938715.023
ISBN: 9781451938715
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...
Volume/Issue: 2005/113
Series: IMF Working Papers
Author(s):
Boileau Loko
, and
Anita Tuladhar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2005
DOI: http://dx.doi.org/10.5089/9781451861327.001
ISBN: 9781451861327
This paper seeks to investigate the transmission mechanisms linking productivity to the real exchange rate in the former Yugoslav Republic of Macedonia. At first glance, the stylized facts-low labor productivity gr...
Volume/Issue: 2005/46
Series: IMF Working Papers
Author(s):
John Cady
, and
Anthony Pellechio
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2005
DOI: http://dx.doi.org/10.5089/9781451860658.001
ISBN: 9781451860658
Data published in IMF country staff reports and International Financial Statistics (IFS) may differ for identical variables and, at times, users may be unaware of the reasons for these differences and lack the info...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
December
2004
DOI: http://dx.doi.org/10.5089/9781589063822.044
ISBN: 9781589063822
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Volume/Issue: 2004/222
Series: IMF Working Papers
Author(s):
Etienne Yehoue
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2004
DOI: http://dx.doi.org/10.5089/9781451875294.001
ISBN: 9781451875294
The recent experience of the European Economic and Monetary Union (EMU) has stimulated the debate over currency union and reinforced the incentive for the emergence of currency blocs in other regions of the world....
Volume/Issue: 2004/203
Series: IMF Working Papers
Author(s):
Juan Zalduendo
, and
Catia Batista
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2004
DOI: http://dx.doi.org/10.5089/9781451874488.001
ISBN: 9781451874488
Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sam...
Volume/Issue: 2004/309
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
September
2004
DOI: http://dx.doi.org/10.5089/9781451826067.002
ISBN: 9781451826067
This Report on the Observance of Standards and Codes on Data Module on the Former Yugoslav Republic of Macedonia reviews assessment by agency and dataset. The mission has a set of recommendations for Macedonia's st...
Series: International Financial Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
September
2004
DOI: http://dx.doi.org/10.5089/9781589063815.041
ISBN: 9781589063815
The International Financial Statistics Yearbook, usually published in September, contains available annual data covering 12 years for countries appearing in the monthly issues of IFS. The IFS service is the standar...
Volume/Issue: 2004/276
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
August
2004
DOI: http://dx.doi.org/10.5089/9781451826029.002
ISBN: 9781451826029
The staff report for the Second Review Under the Stand-By Arrangement on the Former Yugoslav Republic (FYR) of Macedonia highlights economic developments and policies. FYR of Macedonia's economic performance since...
Volume/Issue: 2004/159
Series: IMF Working Papers
Author(s):
Yaroslav Lissovolik
, and
Bogdan Lissovolik
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2004
DOI: http://dx.doi.org/10.5089/9781451857702.001
ISBN: 9781451857702
With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's exp...
Series: Balance of Payments Statistics
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
December
2003
DOI: http://dx.doi.org/10.5089/9781589062689.044
ISBN: 9781589062689
The BOPS Yearbook, usually published in December, contains balance of payments statistics for most of the world, compiled in accordance with the IMF's Balance of Payments Manual. Part 1 includes aggregate as well a...
Volume/Issue: 2003/374
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
December
2003
DOI: http://dx.doi.org/10.5089/9781451826081.002
ISBN: 9781451826081
The financial system remains vulnerable to weak governance in smaller banks and also to weaknesses in banks' balance sheets. Banking is characterized by high real interest rates, large spreads, and a limited appeti...
Volume/Issue: 2003/247
Series: IMF Working Papers
Author(s):
Jack Diamond
, and
Duncan Last
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2003
DOI: http://dx.doi.org/10.5089/9781451875881.001
ISBN: 9781451875881
For the republics of the former Socialist Federal Republic of Yugoslavia (SFRY) as for many other transition economies, an important step in introducing a more market-oriented system was the restructuring of their...
Volume/Issue: 2003/237
Series: IMF Working Papers
Author(s):
Naoko Kojo
,
Arye Hillman
, and
Emanuele Baldacci
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2003
DOI: http://dx.doi.org/10.5089/9781451875737.001
ISBN: 9781451875737
Private investment is the principal transmission channel through which fiscal policy affects growth in high-income countries. In low-income countries, governance and also other considerations suggest that the prima...
Volume/Issue: 2003/239
Series: IMF Working Papers
Author(s):
Antonis Adam
,
James McHugh
, and
Theodora Kosma
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2003
DOI: http://dx.doi.org/10.5089/9781451875799.001
ISBN: 9781451875799
This paper explores the effectiveness of the Central European Free Trade Area (CEFTA) and the Baltic Free Trade Area (BFTA). Estimates from a gravity model and bilateral trade data support the view that both CEFTA...
Volume/Issue: 2003/354
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
November
2003
DOI: http://dx.doi.org/10.5089/9781451826074.002
ISBN: 9781451826074
Macedonia's macroeconomic stabilization program continues to rest on the basis of fiscal and monetary policies, and has restored the fiscal balance to a sustainable level after two years of high deficits. Further s...
Volume/Issue: 2003/213
Series: IMF Working Papers
Author(s):
Ivanna Hollar
,
Giovanni Dell'Ariccia
, and
Carlo Cottarelli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2003
DOI: http://dx.doi.org/10.5089/9781451874969.001
ISBN: 9781451874969
Following a period of privatization and restructuring, commercial banks in Central and Eastern Europe and, more recently, in the Balkans have rapidly expanded their lending to the private sector. This paper describ...
Volume/Issue: 2003/219
Series: IMF Working Papers
Author(s):
Armando Méndez Morales
, and
Maria del Mar Cacha
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2003
DOI: http://dx.doi.org/10.5089/9781451875195.001
ISBN: 9781451875195
Bank borrowers' currency mismatches often result from unhedged foreign currency borrowing in economies where there is significant dollarization, exposing the financial sector to disguised credit risk. In the absenc...
Volume/Issue: 2003/205
Series: IMF Working Papers
Author(s):
Gianni De Nicolo
,
Sami Geadah
, and
Dmitriy Rozhkov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2003
DOI: http://dx.doi.org/10.5089/9781451874570.001
ISBN: 9781451874570
This paper documents the great divide in the level of financial development between the Commonwealth of Independent States (CIS) 7 countries and the more advanced economies in transition, in particular those of Cen...
Series: Annual Report on Exchange Arrangements and Exchange Restrictions
Author(s):
International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
September
2003
DOI: http://dx.doi.org/10.5089/9781589062184.012
ISBN: 9781589062184
This 2003 Annual Report on Exchange Arrangements and Exchange Restrictions provides a detailed description of the exchange arrangements and exchange/trade restrictions of individual IMF member countries and Hong Ko...
Volume/Issue: 2003/185
Series: IMF Working Papers
Author(s):
Shang-Jin Wei
, and
Arvind Subramanian
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2003
DOI: http://dx.doi.org/10.5089/9781451859430.001
ISBN: 9781451859430
This paper furnishes robust evidence that the GATT/WTO has had a powerful and positive impact on trade. The impact has, however, been uneven. GATT/WTO membership for industrial countries has been associated with a...
Volume/Issue: 2003/136
Series: IMF Working Papers
Author(s):
Juan Zalduendo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2003
DOI: http://dx.doi.org/10.5089/9781451855838.001
ISBN: 9781451855838
This paper reviews developments in corporate performance in the FYR Macedonia during the 1990s. The paper finds substantial differences in performance between surviving old firms and nimbler new ones. The paper rev...
