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Publications

India: Inflation is Moderating

Subdued domestic demand, falling commodity prices and improving agricultural supply are contributing to a decline in the high inflation rate. The cent

Emerging Markets Bank Lending Conditions Survey - 2013Q1

The latest survey, conducted by the IIF between March 12 and April 16, 2013, pointed to continued overall improvement in bank lending conditions in 20

Chile: Close Eye on the Currency

The policy response to quantitative easing in mature economies has, thus far, relied heavily on the floating exchange regime and heightened fiscal res

Emerging Europe: Growing Monetary Policy Challenges

Inflation has slowed and external deficits narrowed, but growth prospects have deteriorated in Emerging Europe. With fiscal space constrained, central

April 2013 Global Economic Monitor

The good news first: the global expansion remains on track. Confidence in the global manufacturing sector remains at a level consistent with modest gr

Egypt: IMF Agreement Could Arrest Economic Deterioration

Egypt urgently needs to rectify serious macroeconomic imbalances as a prelude to tackling deep embedded structural distortions in the economy. Growth

Japan: Abenomics- High Hopes

Hopes are high that the new Japanese economic policy will finally end deflation. In the short-term, forceful monetary and fiscal stimulus will support

Tunisia: Widening Twin Deficits are a Source of Concern

External and fiscal deficits widen, driven by higher imports and large increases in current government spending, respectively. We expect both deficits

Tunisia: At Political Crossroads with a Convalescent Economy

A new coalition government was formed in March. Tunisia's political transition by end-2013 hinges on agreement on a constitution followed by general e

Uruguay: Brewing Fiscal Imbalances

A rising ratio of current primary spending to GDP, driven by rigid spending items such as salaries and entitlements, has narrowed fiscal policy flexib

 

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