01630cas a2200241 a 4500 AALejournalIMF001103 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809787 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cyprus : Background Paper. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (132 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides background information to the report for the 1995 Article IV Consultation with Cyprus. It reviews developments in the real, fiscal, monetary, and external sectors during the 1990s. The effects of wage indexation when the economy faces an adverse terms-of-trade shock in the context of the IMF staff's medium-term projections are illustrated. The paper analyzes the fiscal effects of financial liberalization by estimating government revenues from financial repression and seignior age, and summarizes other countries' experiences with financial liberalization and their implications for Cyprus. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1996/016 Full text available on IMF http://elibrary.imf.org/view/journals/002/1996/016/002.1996.issue-016-en.xml IMF e-Library