Regional Economic Issues, April 2015, Europe : : The Western Balkans: 15 Years of Economic Transition

• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2015
• Descrizione fisica: 1 online resource (120 p.)
• Disciplina: 338.9474
• Soggetto topico: Economic development - Balkan Peninsula; Banks and Banking; Exports and Imports; Foreign Exchange; Labor; Money and Monetary Policy; Macroeconomics; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Demand and Supply of Labor: General; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; International Investment; Long-term Capital Movements; Price Level; Inflation; Deflation; Monetary economics; Labour; income economics; Banking; Currency; Foreign exchange; International economics; Labor markets; Credit; Capital inflows; Money; Balance of payments; Credit booms; Prices; Labor market; Banks and banking; Capital movements
• Soggetto geografico: Bosnia and Herzegovina
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Cover; CONTENTS; FOREWORD; STRUCTURE AND FOCUS OF THE REPORT; COUNTRY COVERAGE AND ACRONYMS; EXECUTIVE SUMMARY; OVERVIEW: ECONOMIC TRANSFORMATION IN THE WESTERN BALKANS; CHAPTER 1: JOBS, GROWTH, AND CONVERGENCE: OBSTACLES AND THE ROADMAP TO REFORM; A. Growth and Convergence-A Cup Half Full or Half Empty?; B. Progress in Economic Transformation; BOXES; Box 1.1. Inequality and Poverty in the Western Balkans; C. Ranking Structural Reforms Priorities for Faster Growth; Box 1.2. Reform Gaps in Institutions, Infrastructure, Goods Market Efficiency, and Labor Markets ; Box 1.3. Structural Reform in Kosovo: Past Achievements and Future Priorities D. The Quest for Jobs; E. Lessons for Stronger Convergence; CHAPTER 2: MACROECONOMIC DEVELOPMENTS AND POLICIES: BOOM, BUST, AND THE AFTERMATH; A. Background and Context-Macroeconomic Stabilization in the 1990's; B. Before the Global Financial Crisis: Optimism and Inflows; C. Recession and Recovery after the Global Financial Crisis; D. Lessons from the Crisis and Policy Challenges; Box 2.1. The Western Balkans and the IMF; Box 2.2. Public Pension Spending in the Western Balkans ; CHAPTER 3: FINANCIAL SECTOR: DEEPENING, RESILIENCE, AND ONGOING CHALLENGES A. Financial Deepening from a Low Base; B. Credit Swings and Financial Stability; C. Financial Sector Inclusion and Efficiency; D. The Unfinished Institutional Reform Agenda and International Cooperation; E. Cross-Border Finance and the Future of Western Balkan Banking; Box 3.1. Nonbank Financial Deepening in the Western Balkans; Box 3.2. Croatia's Defense against the Boom; Box 3.3. Nonperforming Loans in the Western Balkans: Why Has Progress Been So Limited?; ANNEXES; Annex 1.1. Growth Accounting ; Annex 1.2. Convergence Analysis Annex 1.3. Trade Linkages; Annex 1.4. Structural Reform Gaps and Economic Growth; Annex 1.5. Labor Market Outcomes-Regression Analysis; Annex 2.1. Estimating the Determinants of Expenditure Policy; Annex 2.2. Estimating the Determinants of the Recession and the Recovery; Annex 2.3. Fiscal Policies in the Western Balkans; Annex 3.1. Benchmarking Financial Development and Explaining Gaps; REFERENCES
• Sommario/riassunto: This report analyses the main economic developments and achievements in the Western Balkan countries, and lays out the key macroeconomic policy challenges for the future.
• Titolo autorizzato: Regional Economic Issues, April 2015, Europe
• ISBN: 1-4843-7229-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788294703321
• Lo trovi qui: Univ. Federico II
• Serie: Regional Economic Outlook