July 20, 2016/Reuters Nigeria’s naira was stuck at a record closing low of 292.90 to the dollar on Wednesday after just one transaction was carried out, with the supply of dollars drying up and no intervention by the central bank, traders said. The naira was unchanged from Tuesday’s close after […]
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Emigration and Its Economic Impact on Eastern Europe
July 20, 2016/IMF EXECUTIVE SUMMARY Emigration from Central, Eastern, and Southeastern Europe (CESEE) has been unusually large, persistent, and dominated by educated and young people. After the fall of the Iron Curtain in the early 1990s, the next quarter century featured large and persistent east-west migration flows. The Southeastern European […]
In Transition — Outlook for Latin America and the Caribbean
Culled—-iMFdirect July 20, 2016 By Alejandro Werner Following a rough start at the beginning of the year, both external and domestic conditions in Latin America and the Caribbean have improved. But the outlook for the region is still uncertain. Commodity prices have recovered since their February 2016 trough, but they […]
