Basic Report on the Economy of Surinam
Author | : |
Publisher | : |
Total Pages | : |
Release | : 1972 |
Genre | : Suriname |
ISBN | : |
Report of an economic mission to Suriname October/Novermber 1971 and a revist in September 1972.
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Author | : |
Publisher | : |
Total Pages | : |
Release | : 1972 |
Genre | : Suriname |
ISBN | : |
Report of an economic mission to Suriname October/Novermber 1971 and a revist in September 1972.
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 2014-10-31 |
Genre | : Business & Economics |
ISBN | : 1484361806 |
This Selected Issues Paper carries out an empirical analysis of the effects of policies and external shocks on economic activity in Suriname. The estimates are broadly consistent with prior empirical findings. The results reveal a strong contemporaneous correlation between credit and demand, while the empirical link between exports and demand seems slightly weaker. The results for import demand point to a strong correlation between imports and exports. The export variable is highly significant and explains a large fraction of the total variation in imports. An increase in exports of 1 percent is associated with a 0.61 percent increase in imports.
Author | : Mr.Benedikt Braumann |
Publisher | : International Monetary Fund |
Total Pages | : 25 |
Release | : 1999-11-01 |
Genre | : Business & Economics |
ISBN | : 1451857470 |
Suriname recently went through a period of destabilizationthat that bordered on hyperinflation. The country’s experience provides a good illustration to study the genesis and dynamics of high inflation and includes some unusual phenomena, such as a monetary overhang, an eight-tiered exchange rate, and inflationary gold purchases by the central bank. High inflation also had a significant impact on the real economy. This paper compares the experience of Suriname with other countries discussed in the recent stabilization literature. It finds strong evidence of intertemporal demand effects, which occurred as the public reacted to the temporary bout of high inflation.
Author | : International Monetary Fund. Western Hemisphere Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 114 |
Release | : 2016-06-07 |
Genre | : Business & Economics |
ISBN | : 1484377036 |
This paper mainly discusses the IMF-supported program aimed at restoring macroeconomic stability and confidence in Suriname’s economy. The proposed 24-month Stand-By Arrangement (265 percent of quota, or SDR 342 million) aims to support Suriname’s adjustment to the fall in commodity export prices and restore external and fiscal sustainability. It foresees an improvement of the fiscal balance by 7.4 percent of GDP, which would reverse the rise in the government debt-to-GDP ratio; restore foreign reserves to adequate levels—four months of imports; and reflect a monetary policy stance calibrated to reduce inflation to single digits. It also strengthens the foundations for private-sector growth.