Republic Of Poland 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For The Republic Of Poland

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1498340490
Size: 39.34 MB
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This 2014 Article IV Consultation highlights that Poland’s economy is steadily recovering from the 2012–2013 slowdown on the back of Poland’s very strong fundamentals and policies. Real GDP growth moderated to 1.6 percent in 2013 as the slowdown in core euro area countries had knock-on effects on consumer and investor confidence. However, a steady recovery is now under way. The outlook is for a continuing recovery, but external risks remain firmly on the downside. Growth is expected to reach 3.3 percent in 2014 but strong trade and financial linkages with core euro area countries make it vulnerable to growth shocks.

Czech Republic 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For The Czech Republic

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1498333125
Size: 43.78 MB
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Growth is gaining momentum, led by strong external demand while domestic demand is also picking up. The central bank’s foreign exchange intervention policy has helped stem deflationary pressures but inflation is still well below target. Following substantial fiscal adjustment over the past three years, an easing of the fiscal stance is underway and the new government’s medium-term fiscal plans have not yet been fully elaborated. The financial system is sound and resilient to shocks, and improvements in the regulatory and supervisory architecture are ongoing. The challenge for the authorities is to create the conditions for strong and sustainable growth while maintaining macroeconomic stability.

Republic Of Estonia 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For The Republic Of Estonia

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1484374525
Size: 63.47 MB
Format: PDF, Docs
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This 2014 Article IV Consultation highlights that in 2013, Estonia’s recovery from the crisis continued but at a slower pace. Real GDP growth was 0.8 percent, with private consumption providing the main support, although net exports made a negative contribution. Inflation declined to about 3½ percent, but stayed above the euro average. Public finances remained strong, with a fiscal deficit of 0.2 percent of GDP and a gross public debt of 10 percent of GDP. Real GDP growth is projected at 2.4 percent in 2014, rising toward expected potential growth of 3 to 3.5 percent in the medium term.

Republic Of Croatia 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For The Republic Of Croatia

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1484397185
Size: 14.16 MB
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This 2014 Article IV Consultation highlights that Croatia remains stuck in an unusually drawn out recession. In 2013, real GDP contracted for the 5th consecutive year, and stands now at less than 90 percent of the end-2008 level. Unemployment has risen to 17 percent. Domestic demand remains depressed as corporations and households focus on reducing excessive debts accumulated in the 2000s. Exports and foreign direct investment are also feeble. The outlook is for an additional contraction in 2014 of almost 1 percent. Real domestic demand would remain feeble, reflecting both weak private sector demand and fiscal consolidation.

Republic Of Slovenia 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For The Republic Of Slovenia

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 148439500X
Size: 41.56 MB
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This 2014 Article IV Consultation highlights that Slovenia is recovering from a deep crisis. Growth is estimated to have reached about 2.6 percent in 2014, supported by strong exports and EU-funded public investment. The financial sector has stabilized following recapitalization of the major banks by the state. Government bonds yields have declined markedly. Growth is projected at about 1.9 and 1.7 percent in 2015 and 2016, respectively, with potential growth well below precrisis levels. Executive Directors welcomed the fact that Slovenia’s economy is recovering and commended the authorities for their efforts to mend the banking system, facilitate corporate debt restructuring, and consolidate the public finances.

Republic Of Lithuania 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For The Republic Of Lithuania

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1484375270
Size: 31.24 MB
Format: PDF, Kindle
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This 2014 Article IV Consultation highlights that Lithuania’s economy has entered a broadly favorable trajectory of healthy and balanced growth, but income convergence with Western Europe has a long way to go. With inflation at historical lows and well-advanced repair of public finances damaged by the 2008/09 crisis, meeting the entry criteria seems on track. Financial stability has improved further in 2013, with the capital adequacy ratio exceeding 17 percent and steady progress in reducing nonperforming loans. The main challenge is now resuscitating the sluggish private sector credit growth, which could undermine investment and the recovery if it continued for much longer.

Former Yugoslav Republic Of Macedonia 2014 Article Iv Consultation And Third Post Program Monitoring Discussions Staff Report Press Release And Statement By The Executive Director For The Former Yugoslav Republic Of Macedonia

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1498359450
Size: 25.53 MB
Format: PDF, Mobi
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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 stability into an acceleration of medium term growth. Uncertainty with respect to EU accession remains, and weighs on longer term prospects.

Statistical Capacity Building

Author: Mr. Thomas K. Morrison
Publisher: International Monetary Fund
ISBN: 9781451980059
Size: 64.19 MB
Format: PDF
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IMF technical assistance provided by the Statistics Department--toward assisting IMF member countries in developing the ability to provide reliable and comparable economic and financial data on a timely basis to policymakers and markets--has increased more than fourfold over the past decade. This assistance has proven critical in countries' building their statistical capacity so as to come into line with international data standards in an increasingly globalized and electronically interconnected world. Statistical Capacity Building: Case Studies and Lessons Learned presents four case studies drawn from experience in three countries in transition to the market, two of which were also in postconflict situations, in the 1990s and early 2000s: Cambodia, Bosnia and Herzegovina, and Ukraine. Issues of setting, institutional and statistical arrangements, strategies, and implementation are examined, and lessons learned.

Exchange Rate Assessments

Author: Mr. Jaewoo Lee
Publisher: International Monetary Fund
ISBN: 1451932316
Size: 75.90 MB
Format: PDF
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The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on multilateral surveillance, macro-financial linkages, and the implications of globalization. The IMF's Consultative Group on Exchange Rate Issues (CGER)--formed in the mid-1990s to provide exchange rate assessments for a number of advanced economies from a multilateral perspective--has therefore broadened its mandate to cover both key advanced economies and major emerging market economies. This Occasional Paper summarizes the methodologies that underpin the expanded analysis.

Slow Professor

Author: Maggie Berg
Publisher: University of Toronto Press
ISBN: 1442663103
Size: 57.32 MB
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If there is one sector of society that should be cultivating deep thought in itself and others, it is academia. Yet the corporatisation of the contemporary university has sped up the clock, demanding increased speed and efficiency from faculty regardless of the consequences for education and scholarship. In The Slow Professor, Maggie Berg and Barbara K. Seeber discuss how adopting the principles of the Slow movement in academic life can counter this erosion of humanistic education. Focusing on the individual faculty member and his or her own professional practice, Berg and Seeber present both an analysis of the culture of speed in the academy and ways of alleviating stress while improving teaching, research, and collegiality. The Slow Professor will be a must-read for anyone in academia concerned about the frantic pace of contemporary university life.