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150128 ||| eng |
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|a 9781451833577
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245 |
0 |
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|a Serbia and Montenegro
|b Staff Report for the 2005 Article IV Consultation
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2005
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300 |
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|a 165 pages
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651 |
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4 |
|a Serbia, Republic of
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653 |
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|a Inflation
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653 |
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|a Credit
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653 |
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|a Short-term Capital Movements
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653 |
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|a Public finance & taxation
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653 |
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|a Monetary economics
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653 |
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|a Deflation
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653 |
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|a Current Account Adjustment
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653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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653 |
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|a Fiscal Policy
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653 |
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|a Balance of payments
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653 |
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|a Currency
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653 |
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|a Exports and Imports
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653 |
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|a Fiscal policy
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653 |
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|a International Lending and Debt Problems
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653 |
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|a International economics
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653 |
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|a External debt
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653 |
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|a Debts, External
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653 |
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|a National Government Expenditures and Related Policies: General
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653 |
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|a Expenditure
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653 |
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|a Price Level
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653 |
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|a Foreign Exchange
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653 |
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|a Expenditures, Public
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653 |
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|a Prices
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653 |
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|a Macroeconomics
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653 |
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|a Taxation
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653 |
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|a Public Finance
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653 |
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|a Money and Monetary Policy
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653 |
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|a Foreign exchange
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653 |
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|a Current account deficits
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710 |
2 |
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|a International Monetary Fund
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Country Reports
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028 |
5 |
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|a 10.5089/9781451833577.002
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2005/233/002.2005.issue-233-en.xml?cid=18407-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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520 |
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|a This 2005 Article IV Consultation highlights that macroeconomic imbalances in Serbia and Montenegro widened in 2004, putting at risk some of the impressive earlier achievements. Growth, about 5 percent in nonagriculture since 2002, has been fueled by a surge in domestic demand. Lack of competitive domestic production has led to increased imports and a widening current account deficit. The main policy challenge is to maintain macroeconomic stability while accelerating structural reform. Fiscal policy needs to be tightened substantially, and its flexibility increased by reducing the large share of nondiscretionary spending
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