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English | View long abstract
20-Aug-2008
The economy is operating with great pressure but there are downside risks as well. Fiscal and monetary policy should thus remain vigilant and their stance adjusted if the outlook changes.
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English | View long abstract
17-Jul-2008
The disinflation strategy of the Central Bank should be backed by more comprehensive policies to improve inflation expectations. This includes the full enforcement of a robust fiscal framework, competition reforms, and encouraging social partners to adopt the inflation target .
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English | View long abstract
15-Jul-2008
This Chapter presents an assessment of the current national development strategy, the Accelerated and Shared Growth Initiative for South Africa (AsgiSA).
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English | View long abstract
11-Jun-2008
Monetary policy should be tightened to lower the risk of higher inflation. Fiscal policy could also help achieve a better policy mix.
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English | View long abstract
26-Nov-2007
Compliance with the structural budget surplus rule, which has been in place since 2001, has allowed the government to maintain a counter cyclical fiscal stance in an environment of rising copper prices, ...
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English | View long abstract
04-Sep-2007
This Chapter presents an analysis of recent economic policy and performance, and identifies the main challenges facing Ukraine as it tries to sustain current strong growth over the long term.
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English | View long abstract
20-Jun-2007
Given rapid population ageing and the potential cost of economic integration with North Korea, Korea should maintain a strong fiscal position by slowing the growth of spending and reforming the tax s ...
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English | View long abstract
20-Jun-2007
Economic growth is projected to pick up in 2007. Korea should pursue a flexible exchange rate, while the central bank should focus on its inflation target and avoid using monetary policy to stabilise house ...
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English | View long abstract
30-Jan-2007
The monetary policy setting may at present give too much weight to the attainment of the core inflation target and too little weight to signs of overheating in the real economy and excessive exuberance in the housing market.
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pdf,104Kb,French | View long abstract
04-Jan-2007
Ce document examine quel peut être le rôle des aggrégats monétaires et de crédit dans la conduite de la politique monétaire.
Extrait du chapitre 2 de l'Etude économique de la zone euro 2007.
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