Against the background of a decade declining per-capita income and high inflation, Article IV consultation focused on policies to begin tackle Argentina’s underlying impediments sustained growth low stable inflation. Avoiding boom-bust dynamics suggests need for greater emphasis promote net exports mobilize domestic saving finance much-needed investment. Reversing degree financial dollarization...

This paper proposes a novel explanation for why foreign currency denominated loans to households have become so popular in some emerging economies. Our argument is based on what we call the debt limit channel, which arises when multi-period contracts are offered against collateral that established newly acquired assets. Whenever difference between domestic and interest rates positive, this effe...

This study explores the impact of non-performing loans (NPLs) on Zimbabwean banking industry’s stability and economic performance during dollarization era. The panel vector autoregressive (PVAR) model was applied using annual data from 2009 to 2017. findings indicated that short-run NPL shocks negatively risk-adjusted return, while capitalization is positive but dies off in long run. paper furt...

Purpose. The purpose of the article is to study modern risks and sources threats in sphere ensuring Ukraine's foreign economic security. Method. In order solve scientific problems, research used: comparative analysis empirical data; abstract-logical generalization, grouping methods, statistical methods. Results. work identifies existing potential activity. On basis conducted analysis, it proven...

The subject of the study is transformation Russian monetary policy against background aggravation geopolitical tensions. relevance topic article conditioned by need to analyze and evaluate results pursued authorities in face unprecedented sanctions pressure unfriendly countries on economy 2014-2022. purpose work establish degree influence factors Bank Russia exchange rate ruble. It revealed tha...