Cyprus : Staff Report for the 2000 Article IV Consultation.

Cyprus's economic performance in the past quarter century has been impressive but volatile, as the economy has come to rely on tourism as the main engine of growth. Financial market restrictions, including the interest rate ceiling, limit the ability of the Central Bank of Cyprus to manage liqu...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Staff Country Reports; Country Report ; No. 2000/110
Online Access:Full text available on IMF
Description
Summary:Cyprus's economic performance in the past quarter century has been impressive but volatile, as the economy has come to rely on tourism as the main engine of growth. Financial market restrictions, including the interest rate ceiling, limit the ability of the Central Bank of Cyprus to manage liquidity. Capital and financial market liberalization are planned to be implemented by the time of EU accession. Executive Directors commended the authorities for their efforts to improve the oversight of the offshore financial sector.
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Physical Description:1 online resource (41 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students