The Caucasus and Central Asia : transitioning to emerging markets /

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Bibliographic Details
Imprint:[Washington, D.C.] : [International Monetary Fund], [2014]
©2014
Description:1 online resource (84 pages)
Language:English
Series:Departmental Papers / Policy Papers: Middle East and Central Asia Departmental Paper 14/02
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12503623
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Middle East and Central Asia Department, issuing body.
ISBN:9781484305140
1484305140
9781475588033
1475588038
1475588275
9781475588279
1475515340
9781475515343
Notes:At head of title: Middle East and Central Asia Department.
Includes bibliographical references.
Online resource; title from digital title page (IMF.org Web site, viewed Apr. 14, 2014).
Summary:The countries in the Caucasus and Central Asia (CCA) have recorded significant macroeconomic achievements since independence. These countries have grown more rapidly-{u2014}on average by 7 percent over 1996{u2013}2011{u2014}-than those in many other regions of the world and poverty has declined. Inflation has come down sharply from high rates in the 1990s and interest rates have fallen. Financial sectors have deepened somewhat, as evidenced by higher deposits and lending. Fiscal policies were broadly successful in building buffers prior to the global crisis and those buffers were used effectively by many CCA countries to support growth and protect the most vulnerable as the crisis washed across the region. CCA oil and gas exporters have achieved significant improvements in living standards with the use of their energy wealth.
Other form:Original 1484305140 9781484305140
Standard no.:10.5089/9781484305140.087

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