Limited impact of monetary policy on domestic credit in Eastern Europe
World Economic Situation and Prospects Weekly Highlight No. 20
WESP Weekly Highlight No. 20
Algeria?s oil exports and implications for its fiscal position
World Economic Situation and Prospects Weekly Highlight No. 19
WESP Weekly Highlight No. 19
May 2013
Summary:?
Commodity?prices?decline?as?global?trade?remains?weak
The?ECB?cuts?interest?rates,?returning?to?conventional?monetary?policy
Economic?momentum?weakens?in?East?Asia;?another?interest?rate?cut?in India
The global economy continued to expand at a subdued pace in the first?quarter of 2013. The euro area is still in a recession and the recovery has?been feeble in most other developed countries. In addition, many emerging economies, including Brazil, China, India and the Russian Federation,?are growing below pre-crisis levels and exhibiting major difficulties. The?weak global demand is affecting the performance of trade and the evolution of world market prices for primary…
Monthly Briefing on the World Economic Situation and Prospects, No. 54
A slowdown in US labour productivity growth: cyclical or secular?
World Economic Situation and Prospects Weekly Highlight No. 17
WESP Weekly Highlight No. 17
April 2013
Summary:
Renewed?concerns?about?banking?fragility?in?the?euro?area
Capital?inflows?into?emerging?markets?gain?momentum
The?Bank?of?Japan?discloses?its?new?monetary?stance?which?is?beyond?market?expectations
United?States?housing market?strengthens?further
Agreement was finally reached on a rescue programme for Cyprus. Cypriot?banks were hard hit by the write-down of their holdings of Greek sovereign debt resulting from the Greek bailout agreement. Cypriot bank assets?are over seven times the size of the country?s GDP, making a government?bailout impossible without external support. The bailout required about ?17 billion, to be generated through a combination of bank…
Monthly Briefing on the World Economic Situation and Prospects, No. 53
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