Narrow Your Choices

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Europe > Montenegro

You are looking at 1 - 4 of 4 items for :

  • Type: Journal Issue x
  • Financial and monetary sector x
  • Price Level; Inflation; Deflation x
Clear All Modify Search
Cover Regional Economic Issues, April 2015, Europe
Regional Economic Issues, April 2015, Europe
The Western Balkans: 15 Years of Economic Transition
International Monetary Fund. European Dept.

Abstract

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.

Keywords:
REO; western Balkan countries; Balkans; country; economy; economic growth; IMF staff estimate; foreign exchange; fiscal policy; IMF assistance; Balkan economy; private sector; Credit; Labor markets; Capital inflows; Credit booms; Inflation; Global; Europe; Baltics
Cover IMF Staff Country Reports
Federal Republic of Yugoslavia: 2002 Article IV Consultation, Third Review Under the Stand-By Arrangement, and Request for an Extended Arrangement—Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Federal Republic of Yugoslavia
International Monetary Fund
This paper assesses the Federal Republic of Yugoslavia’s (FRY) 2002 Article IV Consultation, Third Review Under the Stand-By Arrangement (SBA), and a Request for an Extended Arrangement. Despite the impressive achievements since late 2000, when FRY succeeded to membership in the IMF, the challenges facing the authorities remain daunting. The FRY authorities’ medium-term program of stabilization sets a good basis for achieving sustainable growth and a viable external position, and deserves the continued support of the IMF through completion of the third review under the current SBA and approval of the proposed extended arrangement.
Keywords:
ISCR; CR; Yugoslavia; overstaffed enterprise sector; staff; state; bank reform; authorities of the Federal Republic of Yugoslavia; Montenegrin authorities; FRY authorities; exchange system of the Federal Republic of Yugoslavia; Commercial banks; Debt service; Exchange rates; Global
Cover IMF Staff Papers
IMF Staff papers, Volume 46 No. 3
International Monetary Fund. Research Dept.
This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent Asian crises were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be associated more with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.
Keywords:
SP; central bank; Uzbekistan; inflation target; income elasticity; exchange rate volatility; export demand equation; Uzbek growth puzzle; financing requirement; Uzbek experience; Exchange rates; Inflation targeting; Inflation; Commercial banks; Exports; Baltics; Western Europe; East Asia; Africa
Cover IMF Staff Papers
IMF Staff papers: Volume 2 No. 3
International Monetary Fund. Research Dept.
This paper focuses on the relation of inflation to economic development. Due to the inadequacy of savings and the difficulty of directing them into productive investment, there is a strong temptation to raise the level of investment by expanding bank credit—that is, by inflation. In most low-income countries, even the most forceful measures for increasing savings and for applying them to the most urgent needs would still leave the economy with inadequate resources for the investment necessary to assure tolerable progress in raising productive efficiency and expanding production. The only way of securing adequate resources for development in such countries is by supplementing domestic savings with capital from abroad. It is characteristic of the underdeveloped countries that the resources they put into investment are generally a smaller proportion of their very much smaller national product than is true for the more highly developed countries. The proportionally low level of investment in underdeveloped countries may be due to various factors. Frequently, though not universally, the cause of inadequate investment is the unavailability of savings.
Keywords:
SP; fund; depreciation; rate; devaluation; price; fund Agreement; exchange depreciation; exchange devaluation; competitive depreciation; trade indices; Currencies; Income; Wages; Personal income; Inflation; Europe; Asia and Pacific; Eastern Europe