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February 22, 2013
Last year's boost in public expenditures helped spur domestic demand and revive the economy. The ability to use the budget as a discretionary policy t

February 21, 2013
Ahead of the February 24-25 elections, opinion polls show tightened margins among the four main political groupings and a senate majority in doubt. Un

February 15, 2013
Despite high growth rates over the past decade, poverty, inequality and unemployment remain high. In order to achieve higher and more inclusive growth

February 14, 2013
Despite Nigeria's hydrocarbon wealth and robust growth over the past decade, unemployment is high, governance poor, and poverty widespread. Human deve

February 14, 2013
The large current account deficit along with easy monetary conditions, rising energy subsidies and recent trade and investment policy missteps brought

February 13, 2013
An agreement between Ireland's government and central bank replaces high-interest amortizing promissory notes with lower interest floating rate bonds.

February 13, 2013
The February edition of our Global Economic Chartbook updates our views on the global outlook, providing charts on the global business cycle, global i

February 12, 2013
Currency appreciation pressures have intensified, reflecting the country's strong growth prospects and a reduction in global risk aversion. Seeking to

February 11, 2013
The oil market will continue to be well-supplied in 2013 as production capacity, especially outside of OPEC, will grow faster than demand, which will

February 8, 2013
The evidence is mounting that the global economy has reached an inflection point at the turn of the year. GDP growth is recovering after a dismal last

February 5, 2013
Prospects now look less favorable than a few months ago due to political uncertainty and delays in an IMF agreement. The recent move to a more flexibl

February 4, 2013
The domestic stock market is distinguished from the rest of the region and most of the world by its poor performance so far this year. The fundamental

January 30, 2013
The composite index of the IIF's Emerging Markets Bank Lending Conditions (EMLC) Survey increased to 50.5 in 2012Q4, and is now pointing to the first

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

January 29, 2013

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

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.

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

January 28, 2013
A revival of reforms curbing subsidies, reinstating fiscal adjustment and attracting investment is lifting the economy, bolstering financial markets a

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

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
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