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2008 (6)

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Book
Ukraine : Selected Issues.
Authors: ---
ISBN: 1462394671 1452736251 1283570599 9786613883049 1451987110 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This Selected Issues paper analyzes the Ukrainian business cycle. It focuses on the price of steel—Ukraine’s major export—and its relation to the economic performance. It establishes a forecasting model for steel prices, which points to downside risks to steel prices. It discusses the effects of steel price fluctuations on economic activity and how policies might then mitigate them. The paper also develops core inflation indicators for Ukraine to better distinguish underlying from temporary influences on inflation.


Book
Guinea : Selected Issues and Statistical Appendix.
Authors: ---
ISBN: 1462303005 1452788960 1280979453 1452774064 9786613751065 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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The report gives an assessment on the bauxite and aluminium industry of Guinea. The study assesses the performance, structure, and prospects of the industry as well as transparency and governance issues. The report also show the IMF's estimates on Guinea's social, demographic, economic, and financial indicators, GDP at current and at constant 1996 prices; financial operations of the central government, 2000–06, central government revenue and expenditure during 2000–06, summary accounts of the Central Bank as well as deposit money banks, structure of interest rates, financial soundness indicators of the banking sector, etc.


Book
Chile : 2008 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chile.
Authors: ---
ISBN: 1462384781 1452743444 1280887028 9786613728333 1451983999 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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This 2008 Article IV Consultation highlights that the Chilean economy has proved resilient in the face of strong economic and financial headwinds during the past year. Rising world prices for energy and food have been exacerbated by drought and a tight domestic energy situation. The government continues to move forward with a bold structural agenda. In the financial sector, the authorities plan to introduce initiatives aimed at enhancing market access for small and medium-sized enterprises, increase market depth, and boost the internationalization of the peso.


Book
Mali : Selected Issues.
Authors: ---
ISBN: 1455281301 1452746400 1280897406 9786613738714 1451998074 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a poorly performing state-owned cotton ginner. Some reforms, most notably with regard to the setting of the farmgate procurement price, have already been undertaken, but more is needed to put the sector on a sound financial footing. It is vital that the production process be modernized and the ginner profoundly reformed if cotton is to play a major role in poverty reduction in rural Mali.


Book
IMF Staff Papers, Volume 55, No. 4.
Authors: ---
ISBN: 1462390544 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

In this issue, John T. Cuddington and Daniel Jerrett from the Colorado School of Mines examine whether metals prices are in a "super cycle" upswing driven by intensive economic growth in China, in particular. Using evidence from U.S. Social Security records, James E. Duggan, Robert Gillingham, and John S. Greenlees look at the empirical relationship between mortality and lifetime income. Pär Österholm and Jeromin Zettelmeyer analyze the effect of external conditions on growth in Latin America, while Junko Koeda presents a debt overhang model for low-income countries. The issue also includes a comprehensive index for Volume 55 (2008) by author, subject, and title.


Book
Mongolia : Selected Issues and Statistical Appendix.
Authors: ---
ISBN: 1455278270 1452724202 1280885963 9786613727275 1451986149 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

The vast mineral deposits of Mongolia, if properly managed, could make available large budgetary resources, which would help address a wide range of its economic challenges. This report focuses on Mongolia’s selected issues in the mining sector, government employment and wages, and saving and credit cooperatives. The attractiveness of Mongolia’s mining sector has been eroded in recent years with the introduction of the windfall profit tax (WPT). The high wage bill mainly reflects the large size of government employment and the recent rapid real wage increases.

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