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Author : International Monetary Fund
Publisher :
ISBN 13 : 9781513569680
Total Pages : pages
Book Rating : 4.5/5 (696 download)
Download or read book Myanmar written by International Monetary Fund and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1513568728
Total Pages : 79 pages
Book Rating : 4.5/5 (135 download)
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2015-09-21 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Myanmar’s economic growth remains strong, but macroeconomic imbalances have increased significantly over the past year. Real GDP growth for FY2014/15 (April–March) is estimated to have reached 8.5 percent. The fiscal deficit increased to 3 percent of GDP in FY2014/15, while credit to the private sector continued to grow strongly at 35 percent (year over year) in March, albeit lower than in FY2013/14. The current account deficit widened to more than 6 percent of GDP, largely reflecting a rapidly rising trade deficit. The Myanmar economy is set for strong growth in 2015 amid signs of overheating. The economy is expected to grow by 8.5 percent, reflecting strong growth momentum and expansionary macroeconomic policies.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1475574096
Total Pages : 75 pages
Book Rating : 4.4/5 (755 download)
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-02-02 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that Myanmar’s economy grew broadly as expected in FY2015/16, at a healthy pace of 7.3 percent, despite massive floods during July–September 2015. Activity softened during the first half of FY2016/17, but is expected to recover in the second half on account of the resumption of construction in Yangon after a temporary halt for regulatory compliance purposes. The growth of agricultural production was softer than expected. The external environment has been weak owing to slowing demand from major trading partners and significant natural gas and other commodity price declines in 2015 and 2016. Macroeconomic imbalances persist, with continuing inflation pressure, an increased fiscal deficit, and a widening external current account deficit.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1513538411
Total Pages : 97 pages
Book Rating : 4.5/5 (135 download)
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2020-03-26 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation focuses on Myanmar’s near- and medium-term challenges and policy priorities and was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets. It, therefore, does not reflect the implications of these developments and related policy priorities. These developments have greatly amplified uncertainty and could heighten downside risks around the outlook. The IMF staff is closely monitoring the situation, including related policy responses from the authorities, and will continue to work on assessing its impact in the Myanmar economy. Although long-term prospects remain favorable, near-term growth is likely to remain below potential as the correction in real estate market and continued uncertainty weighs on investor sentiment in the runup to the 2020 elections. Starting FY2020/21, bank deleveraging will further slow credit and constrain gross domestic product growth as borrower’s true ability to repay is revealed with term loans coming due and banks restructure in earnest.
Author : Tulus T.H. Tambunan
Publisher : AkiNik Publications
ISBN 13 : 9353354234
Total Pages : 283 pages
Book Rating : 4.3/5 (533 download)
Download or read book Development of MSMEs in Developing Countries Stories from Asia, Africa and Latin America written by Tulus T.H. Tambunan and published by AkiNik Publications. This book was released on 2019-05-17 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development of MSMEs in Developing Countries Stories from Asia, Africa and Latin Americas an excellent reference book of Economics and Business Study. It is a best book for researchers and person, who belongs to Economics and Business Study.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484349296
Total Pages : 76 pages
Book Rating : 4.4/5 (843 download)
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2018-03-28 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights that Myanmar’s economy stabilized in 2016/17. The new government saw a challenging first year with lower-than-expected growth of 5.9 percent in 2016/17 mainly owing to weak agriculture production and exports, and temporary suspension of some construction projects in Yangon. Inflation moderated to 6.8 percent, and the current account deficit fell to about 3.9 percent of GDP in 2016/17 from 5.1 percent 2015/16. The medium-term macroeconomic outlook remains favorable. Growth is expected to rebound to 6.7 percent in 2017/18 mainly supported by a recovering agriculture sector and exports. Higher fiscal spending anticipated in the second half of 2017/18 owing to buoyant tax revenues will also support growth.
Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475595921
Total Pages : 65 pages
Book Rating : 4.4/5 (755 download)
Download or read book United Kingdom written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-02-24 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considerable progress has been achieved in the post-crisis repair of the UK economy. Private-sector indebtedness has been reduced, the financial sector regulatory framework has been overhauled, the fiscal deficit has been cut in half, and the employment rate has reached a record high. With the output gap now nearly closed, growth is expected to average near its potential rate of around 21⁄4 percent over the medium term, with inflation rising slowly from its current low levels to the 2 percent target by end-2017. However, this benign baseline is subject to risks, including those related to potential shocks to global growth and asset prices, still-high levels of household debt, the elevated current account deficit, and the degree to which productivity growth will recover. Uncertainty associated with the outcome of the forthcoming referendum on EU membership could also weigh on the outlook. Continued efforts are needed to complete the post-crisis repair, promote growth, and further bolster resilience.
Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513593250
Total Pages : 84 pages
Book Rating : 4.5/5 (135 download)
Download or read book Timor-Leste: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Timor-Leste written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-14 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Timor-Leste has made considerable progress in many areas since its independence in 2002, it faces significant medium-term challenges. The nation has pressing development needs, young institutions, and is highly dependent on oil. Oil revenues from active fields, which have been the main source of funding for government spending, are drying up. The non-oil private sector economy remains underdeveloped and lack of good jobs and high youth unemployment are serious concerns.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1498313590
Total Pages : 80 pages
Book Rating : 4.4/5 (983 download)
Download or read book Democratic Republic of Timor-Leste written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-05-07 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation highlights that Timor-Leste remains a fragile post-conflict nation with weak human and institutional capacity and large infrastructure gaps. The main challenge facing Timor-Leste is to effectively manage its petroleum wealth to reduce public-sector dependence, diversify the non-oil economy, generate jobs for a young and rapidly-growing population, and raise living standards. Political uncertainty constrained public spending in 2017–18, resulting in a sharp contraction of non-oil GDP in 2017 and flat growth in 2018. The report discusses that risks to the outlook are closely tied to the success of fiscal and structural reforms to maintain macroeconomic stability, ensure long-run fiscal sustainability, and facilitate economic diversification. The consultation recommends that a fiscal strategy should be pursued to improve expenditure control and efficiency, mobilize domestic revenue, and commit to protecting the wealth of the Petroleum Fund. Ongoing efforts to strengthen public financial management and promote good governance are crucial to ensure public investment efficiency and enhance the quality of public services.
Author : Sriprapha Petcharamesree
Publisher : Springer Nature
ISBN 13 : 3031257480
Total Pages : 242 pages
Book Rating : 4.0/5 (312 download)
Download or read book Migration in Southeast Asia written by Sriprapha Petcharamesree and published by Springer Nature. This book was released on 2023-03-21 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access IMISCOE Regional Reader explores the issues faced by migrant groups in Southeast Asia and the challenges of getting of their human rights recognized. It analyses the different responses, or lack thereof, of the Association of Southeast Asian Nations (ASEAN) to these highly complex situations which are shaped by contemporary debates around borders and concepts of states, migrants’ rights as well as access to citizenship and how these concepts and paradigms are intertwined with issues such as agency and resilience of migrants. Crucial attention is given to the region’s lesser known populations and issues such as the Vietnamese in Thailand, people of Indonesian descent (PIDs) in Southern Philippines, independent child migrants across the region, and the vulnerabilities of migrant workers facing the COVID-19 pandemic. With its unique regional focus, this book provides a valuable resource to those studying human rights and migration issues, policy makers and researchers and students.
Author : Nian Peng
Publisher : Springer Nature
ISBN 13 : 9819710561
Total Pages : 233 pages
Book Rating : 4.8/5 (197 download)
Download or read book The Reality and Myth of BRI’s Debt Trap written by Nian Peng and published by Springer Nature. This book was released on with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1616357223
Total Pages : 63 pages
Book Rating : 4.6/5 (163 download)
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2014-10-08 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES Context: The authorities continue to make progress on their far-reaching political and economic reform program. Key economic reform priorities are being realized. However, macroeconomic and financial risks are building, and capacity constraints are slowing institutional reform. Constitutional amendments are being considered ahead of the 2015 elections, and peace negotiations are continuing despite religious and ethnic tensions. Macroeconomic situation and outlook: Growth is accelerating, with average growth projected around 81⁄4 percent in the next few years, and inflation should remain broadly stable. After depreciating in 2013, the exchange rate has stabilized. The external current account has widened despite improved export performance but rising capital account inflows should enable Central Bank of Myanmar (CBM)’s international reserves to grow rapidly from their current low levels. Monetary aggregates are growing at double-digit rates. The underlying fiscal deficit in 2013/14 is estimated at 3 percent of GDP and is forecast to widen to around 51⁄2 percent of GDP in 2014/15, but should decline below 5 percent of GDP in the medium term. However, off budget operations could increase the deficit. Risks also arise from capacity constraints and thin fiscal and external buffers. Medium- and long-term prospects: Economic prospects remain strong. Myanmar’s long-run growth potential is estimated at around 7 percent, in line with peer countries’ experience, but sound institutional and policy frameworks need to be built to realize this. Key policy recommendations: Macroeconomic policy challenges are likely to intensify in the short term. Monetary policy tools need to be more aggressively deployed, and mechanisms established to transfer public sector foreign exchange earnings automatically to the CBM. The regulatory framework for the banking sector needs to be urgently upgraded and supervision strengthened, particularly as foreign banks will soon enter. Tax policy and administration should aim at simplifying the system and preparing for the introduction of a value-added tax (VAT). Technical assistance (TA): Capacity building will be crucial to achieve policy objectives. The IMF continues to provide intensive TA in key areas, including in a wide range of CBM operations, tax policy and administration, public financial management and statistics.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1513599828
Total Pages : 69 pages
Book Rating : 4.5/5 (135 download)
Download or read book Cambodia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2015-11-17 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that economic activity in Cambodia remained strong with a growth rate at 7 percent in 2014, notwithstanding appreciation of the real effective exchange rate following U.S. dollar strengthening and growing competition from other low-cost garment producers. Inflation fell in 2014 and through 2015, owing to strong external disinflationary pressures from lower food and oil prices. The short-term outlook remains broadly favorable. Growth is projected to remain robust at 7 percent in 2015, while inflation is projected to rise gradually to about 2 percent by end-2015. The fiscal deficit is projected to rise modestly to 2 percent in 2015 as a result of strong measures to improve revenue administration.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1475579454
Total Pages : 72 pages
Book Rating : 4.4/5 (755 download)
Download or read book Lao People's Democratic Republic written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-02-15 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that the real GDP growth of Lao People’s Democratic Republic is expected to moderate from 7.5 percent in 2015 to 7 percent in 2016. Domestic activity has slowed following a less favorable external environment, and credit growth has also moderated from a high level. As growth continues to moderate in the near-term, inflation is projected to remain in low single digits. The current account deficit is projected to widen to about 19 percent of GDP in 2017 owing to the execution of large infrastructure projects with foreign direct investment.
Author : Ooi Keat Gin
Publisher : Taylor & Francis
ISBN 13 : 1000568644
Total Pages : 437 pages
Book Rating : 4.0/5 (5 download)
Download or read book Routledge Handbook of Contemporary Brunei written by Ooi Keat Gin and published by Taylor & Francis. This book was released on 2022-07-29 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Contemporary Brunei presents an overview of significant themes, issues, and challenges pertinent to Brunei Darussalam in the twenty-first century. Multidisciplinary in coverage, the contributions cover topics relating to philology, history, religion, language and literature, geography, international relations, economics, politics and sociocultural traditions. The Handbook is structured in eight parts: Foundations History Faith and Ethnicity Literature Language and Education Economics Material Culture Empowerment Chapters focus on the recent past and contemporary developments in this unique country which has remained a Malay Muslim sultanate, sustaining its religious and traditional heritage encapsulated in the national philosophy, Melayu Islam Beraja (MIB, Malay Islamic Monarchy). The MIB philosophy represents the sultanate’s three pillars of social, cultural, political and economic sustainability, and the contributors discuss this concept in relation to the notion of ‘Malay’ or ‘Malaydom’, the official religion of the nation-state, Islam and monarchy as the essential system of government. This Handbook is an invaluable reference work for students of Asian and Southeast Asian Studies and researchers interested in what is demographically the smallest country within the Association of Southeast Asian Nations (ASEAN).
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484375661
Total Pages : 71 pages
Book Rating : 4.4/5 (843 download)
Download or read book Thailand written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-06-07 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses recent developments, outlook and risk, and policies required for a long-lasting recovery of Thailand’s economy. Thailand remains resilient in the face of external and internal challenges. However, political uncertainty and structural bottlenecks cloud long-term prospects. The economy recovered in 2015 after a slowdown induced by political uncertainty. Public investment supported economic activity, particularly through community-based infrastructure projects. Monetary policy was eased in the face of below-target inflation. The credit cycle moderated, but household debt reached a historic high. Implementing high-quality fiscal stimulus, easing monetary policy, and safeguarding financial sector stability can strengthen long-term sustainability, equity, and efficiency of Thailand’s economy.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1484343069
Total Pages : 107 pages
Book Rating : 4.4/5 (843 download)
Download or read book Malaysia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-05-04 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the extent to which the Malaysian economy has been hit by a number of external and domestic shocks since late 2014, including sharply lower energy prices, spillovers from China, capital outflows, and domestic political controversies. The 2016 budget, including January recalibration, reaffirms the government’s commitment to fiscal consolidation. The current accommodative monetary policy stance is appropriate in an environment of moderating growth and low inflation. Facing sizeable capital outflows and a sharp fall in oil and commodity prices, exchange rate depreciated substantially. The central bank deployed reserves; the effect on domestic interest rates was modest. Credit growth has moderated, a welcome development after several years of double-digit growth.
