05742oam 22014894 450 991015488660332120230808205454.01-4755-4586-X1-4755-4587-8(CKB)4340000000018101(MiAaPQ)EBC4745298(IMF)WPIEA2016208(EXLCZ)99434000000001810120020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierDominican Republic : Sectoral Financial Positions and Macroeconomic Vulnerabilities /Svetlana Cerovic, Jose SaboinWashington, D.C. :International Monetary Fund,2016.1 online resource (38 pages) color illustrationsIMF Working Papers1-4755-4549-5 Includes bibliographical references.This paper examines the financial position of the key sectors of the Dominican Republic. It contributes to macroeconomic surveillance by identifying financial interlinkages and vulnerabilities through the balance sheet approach. The balance sheet of the economy has been weakening, particularly in foreign currency, due to persistent fiscal deficits. Risks arising from weaker foreign currency position, however, seem to be mitigated by long-term maturities on government debt and increasing accumulation of foreign currency assets. Given the strong links of the rest of the economy with the public sector, network analysis suggests that while the financial position of the other sectors of the economy is stronger, they could be adversely affected in an external stress scenario. Exposures to public sector are particularly pronounced in the domestic financial system (directly) and households (indirectly, through pension funds).IMF Working Papers; Working Paper ;No. 2016/208Economic indicatorsDominican RepublicForeign exchange ratesDominican RepublicAccountingimfBanks and BankingimfFinancial Risk ManagementimfMacroeconomicsimfMoney and Monetary PolicyimfPublic FinanceimfInternational Finance: GeneralimfInternational Lending and Debt ProblemsimfDebtimfDebt ManagementimfSovereign DebtimfPublic AdministrationimfPublic Sector Accounting and AuditsimfMonetary SystemsimfStandardsimfRegimesimfGovernment and the Monetary SystemimfPayment SystemsimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfPublic EnterprisesimfPublic-Private EnterprisesimfFinancial CrisesimfSocial Security and Public PensionsimfFinancial reporting, financial statementsimfMonetary economicsimfBankingimfCivil service & public sectorimfEconomic & financial crises & disastersimfPensionsimfFinancial statementsimfCurrenciesimfPublic sectorimfFinancial crisesimfPublic financial management (PFM)imfMoneyimfEconomic sectorsimfPension spendingimfExpenditureimfFinance, PublicimfBanks and bankingimfDominican RepublicEconomic conditions1961-Dominican RepublicimfEconomic indicatorsForeign exchange ratesAccountingBanks and BankingFinancial Risk ManagementMacroeconomicsMoney and Monetary PolicyPublic FinanceInternational Finance: GeneralInternational Lending and Debt ProblemsDebtDebt ManagementSovereign DebtPublic AdministrationPublic Sector Accounting and AuditsMonetary SystemsStandardsRegimesGovernment and the Monetary SystemPayment SystemsBanksDepository InstitutionsMicro Finance InstitutionsMortgagesPublic EnterprisesPublic-Private EnterprisesFinancial CrisesSocial Security and Public PensionsFinancial reporting, financial statementsMonetary economicsBankingCivil service & public sectorEconomic & financial crises & disastersPensionsFinancial statementsCurrenciesPublic sectorFinancial crisesPublic financial management (PFM)MoneyEconomic sectorsPension spendingExpenditureFinance, PublicBanks and banking338.97293Cerovic Svetlana1211197Saboin Jose1451869DcWaIMFBOOK9910154886603321Dominican Republic3652818UNINA