Publications

Bulgaria: Stability Maintained Despite The Euro Area Crisis

January 29, 2013

Bulgaria has weathered the Euro Area sovereign debt crisis well, with external imbalances reducing markedly and the fiscal deficit narrowing on the ba

China: Growth Turns Up

January 29, 2013

Fiscal measures boosting public infrastructure investment, an easing in monetary policy and an upturn in exports helped stabilize growth during 2012.

Mexico: The State of State Debt

January 29, 2013

While state and local government debt is still low by international standards, a rapid increase in the last few years is a development worth watching.

Zambia: The Challenges of Fiscal Expansion

January 29, 2013

The new government has adopted a more expansionary fiscal stance, but the laudable objective of increasing investment spending relative to current exp

India: Economic Prospects Improving

January 28, 2013

A revival of reforms curbing subsidies, reinstating fiscal adjustment and attracting investment is lifting the economy, bolstering financial markets a

Iraq: Oil Production Surge Lifts Growth

January 24, 2013

Iraq's economy grew at an exceptionally high rate of 11% of GDP in 2012, driven by oil output, which rose to record levels. Oil revenue also provided

2013 January Capital Flows to Emerging Market Economies

January 22, 2013

Private capital flows to emerging economies have revived strongly, supported by a generally more risk-friendly attitude of investors since mid-2012. T

2013 January Capital Flows to Emerging Market Economies

January 22, 2013

Private capital flows to emerging economies have revived strongly, supported by a generally more risk-friendly attitude of investors since mid-2012. T

Ireland: Housing Market Firms, Mortgage Problems Remain

January 18, 2013

Despite signs of a tenuous stabilization of the housing market, mortgage arrears have continued to increase, and forbearance has done little to resolv

Peru: Striving for Socially Inclusive Growth

January 18, 2013

With inflation converging to a demanding target of 2% ('±1%), real GDP is on track to grow about 6% this year driven by strong investment. While prese

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