The Current Global Financial Crisis
... Strengthened Intra-OIC Trade and investment flows will prove more valuable during the global slowdown following the current crises Sovereign wealth funds from OIC countries should direct more capital to OIC countries where returns are relatively higher and their capital can be put at use for the ...
... Strengthened Intra-OIC Trade and investment flows will prove more valuable during the global slowdown following the current crises Sovereign wealth funds from OIC countries should direct more capital to OIC countries where returns are relatively higher and their capital can be put at use for the ...
With aftershocks of the recent global financial earthquake still being
... At the top of list is the level of central bank reserves. Similar to the findings of the earlier literature review, we find that the level of reserves in 2007 was a statistically significant predictor of crisis incidence in 2008-09. Four out of five of the reserve measures used have statistically si ...
... At the top of list is the level of central bank reserves. Similar to the findings of the earlier literature review, we find that the level of reserves in 2007 was a statistically significant predictor of crisis incidence in 2008-09. Four out of five of the reserve measures used have statistically si ...
Tutor2U
... • The Euro project should be judged according to whether it achieves its long term aims – (1) Sustained non-inflationary growth – (2) Lower long-term interest rates and higher rates of investment – (3) Lower unemployment – (4) Expansion of the EU single market ...
... • The Euro project should be judged according to whether it achieves its long term aims – (1) Sustained non-inflationary growth – (2) Lower long-term interest rates and higher rates of investment – (3) Lower unemployment – (4) Expansion of the EU single market ...
Document
... • Inflation is not just “one of the indicators” of the efficiency of economic policy, but one of the most significant indicators; • From the viewpoint of the NBS, high economic growth does not justify the high inflation level! • Out of 13.7% price growth in the first ten months, 6.2% was driven by: ...
... • Inflation is not just “one of the indicators” of the efficiency of economic policy, but one of the most significant indicators; • From the viewpoint of the NBS, high economic growth does not justify the high inflation level! • Out of 13.7% price growth in the first ten months, 6.2% was driven by: ...
(Financial) Markets in Transition Economies
... The extent of financial markets development affects the dollarization level through the following channels: The change in domestic assets portfolio risk characteristics. Let d consist of a set of assets n (mainly, bank deposits). As n increases— emergence of enterprises’ stocks and bonds as well a ...
... The extent of financial markets development affects the dollarization level through the following channels: The change in domestic assets portfolio risk characteristics. Let d consist of a set of assets n (mainly, bank deposits). As n increases— emergence of enterprises’ stocks and bonds as well a ...
This PDF is a selection from a published volume from... Research Volume Title: International Dimensions of Monetary Policy
... improve their institutional framework—legal system, disclosure of information, and prudential supervision of the financial system. Not only are these reforms crucial to economic growth, but they also reduce lower credit market imperfections and make the economy more financially robust; that is, less ...
... improve their institutional framework—legal system, disclosure of information, and prudential supervision of the financial system. Not only are these reforms crucial to economic growth, but they also reduce lower credit market imperfections and make the economy more financially robust; that is, less ...
Output, the Interest Rate, and the Exchange Rate
... from YA to YB. Under fixed exchange rates, output increases from YA to YC. The central bank must accommodate the resulting increase in the demand for money. ...
... from YA to YB. Under fixed exchange rates, output increases from YA to YC. The central bank must accommodate the resulting increase in the demand for money. ...
Maldives - Rabobank, Economic Research
... contained herein is not to be relied upon as authoritative or taken in substitution for the exercise of judgement by any recipient. All opinions expressed herein are subject to change without notice. Neither Rabobank Nederland, nor other legal entities in the group to which it belongs accept any lia ...
... contained herein is not to be relied upon as authoritative or taken in substitution for the exercise of judgement by any recipient. All opinions expressed herein are subject to change without notice. Neither Rabobank Nederland, nor other legal entities in the group to which it belongs accept any lia ...
File
... Had the foreigners used their export income, which is denominated in $A to purchase other goods and services from Australia, then there would have been a trade balance. A trade deficit thus means that the foreigners are increasing their nominal savings (which in this case manifests as Australian dol ...
... Had the foreigners used their export income, which is denominated in $A to purchase other goods and services from Australia, then there would have been a trade balance. A trade deficit thus means that the foreigners are increasing their nominal savings (which in this case manifests as Australian dol ...
Chapter 17
... The U.S. government runs a big budget deficit Higher interest rates cause some capital to flow into the U.S. The demand for dollar increases, the supply of Euros increases, and the dollar becomes stronger More imports, less exports, and AD moves back leftward ...
... The U.S. government runs a big budget deficit Higher interest rates cause some capital to flow into the U.S. The demand for dollar increases, the supply of Euros increases, and the dollar becomes stronger More imports, less exports, and AD moves back leftward ...
Notes
... exploitation of local workers at hint of political trouble, foreign capital flees Indirect foreign investment portfolio investment is even more dangerous than foreign direct investment, because portfolio investors—who own only a small percentage of shares in a company and have little or no inf ...
... exploitation of local workers at hint of political trouble, foreign capital flees Indirect foreign investment portfolio investment is even more dangerous than foreign direct investment, because portfolio investors—who own only a small percentage of shares in a company and have little or no inf ...
Estimation of the Equilibrium Real Exchange Rate in Russia: Trade
... nominal rouble overshot its long-run level in the post-crisis period and the government regulated natural monopolies’ prices. From mid-2001, the degree of real rouble misalignment starts to decrease, but beginning 2004 the gap between the actual and equilibrium RER widens again, and by Q3 2006 it eq ...
... nominal rouble overshot its long-run level in the post-crisis period and the government regulated natural monopolies’ prices. From mid-2001, the degree of real rouble misalignment starts to decrease, but beginning 2004 the gap between the actual and equilibrium RER widens again, and by Q3 2006 it eq ...
Michigan Taxes
... lawmakers to strike a long-term budget deal will also take effect. The U.S. Congress will also soon face the need to raise the nation's debt limit to avoid a default. The reason the fiscal cliff is such a threat to 2013′s economy isn’t that it’s too little deficit reduction — it’s that it’s too much ...
... lawmakers to strike a long-term budget deal will also take effect. The U.S. Congress will also soon face the need to raise the nation's debt limit to avoid a default. The reason the fiscal cliff is such a threat to 2013′s economy isn’t that it’s too little deficit reduction — it’s that it’s too much ...
syllabus
... These ideas enable you to understand why certain trade restrictions exist, despite the force of general economic arguments which suggest that they reduce aggregate welfare. Possible motivations for trade restrictions are identified as those which increase national welfare. While sometimes politicall ...
... These ideas enable you to understand why certain trade restrictions exist, despite the force of general economic arguments which suggest that they reduce aggregate welfare. Possible motivations for trade restrictions are identified as those which increase national welfare. While sometimes politicall ...
Tackling the World Recession John Grieve Smith
... world. Uncertainty about economic prospects has increased as psychological factors have become especially important in determining consumer and business behaviour. In particular, there is a strong likelihood that firms will defer investment decisions, and so depress the demand for plant and equipmen ...
... world. Uncertainty about economic prospects has increased as psychological factors have become especially important in determining consumer and business behaviour. In particular, there is a strong likelihood that firms will defer investment decisions, and so depress the demand for plant and equipmen ...
Development through debt: Rationalizing the costs of
... growth of export revenues. On the other hand, increased imports are a more likely result. So, if export revenues do not rise fast enough to cover expected increases in imports, in additionto debtcharges plus profit and dividend payments, then future balance-of-payments difficulties will arise, irres ...
... growth of export revenues. On the other hand, increased imports are a more likely result. So, if export revenues do not rise fast enough to cover expected increases in imports, in additionto debtcharges plus profit and dividend payments, then future balance-of-payments difficulties will arise, irres ...
The stock-flow consistent approach: background, features and
... and useful in the case of portfolio choice with several assets, where any change in the demand for an asset, for a given amount of expected or end-of-period wealth, must be reflected in an overall change in the value of the remaining assets which is of equal size but opposite sign (cf. Tobin) ...
... and useful in the case of portfolio choice with several assets, where any change in the demand for an asset, for a given amount of expected or end-of-period wealth, must be reflected in an overall change in the value of the remaining assets which is of equal size but opposite sign (cf. Tobin) ...
Dollars - Sites@UCI
... 8. Alternatively, how might the new exchange rate affect investment flows? What would this do to the BoP and the exchange rate? ANSWER: The US will increase investment in Mexico (maybe buy a Mexican company or lend to Mexican government). This will add to Mexico’s capital account, which will return ...
... 8. Alternatively, how might the new exchange rate affect investment flows? What would this do to the BoP and the exchange rate? ANSWER: The US will increase investment in Mexico (maybe buy a Mexican company or lend to Mexican government). This will add to Mexico’s capital account, which will return ...
FRBSF L CONOMIC
... Many scholars and policymakers have noted that China’s growth path has been unbalanced, favoring development of its export sector as opposed to promoting domestic demand. Nicholas Lardy of the Peterson Institute for International Economics examined how Chinese authorities are trying to address this ...
... Many scholars and policymakers have noted that China’s growth path has been unbalanced, favoring development of its export sector as opposed to promoting domestic demand. Nicholas Lardy of the Peterson Institute for International Economics examined how Chinese authorities are trying to address this ...
The Australian economy in the 1990s
... The first is the point that labour productivity growth was both faster, and more broadly-based, in Australia than in the US during the 1990s. They note that much of the acceleration in productivity growth between the 1980s and the 1990s was in the non-traded sector of the economy, especially in whol ...
... The first is the point that labour productivity growth was both faster, and more broadly-based, in Australia than in the US during the 1990s. They note that much of the acceleration in productivity growth between the 1980s and the 1990s was in the non-traded sector of the economy, especially in whol ...
Presentation - Asian International Economists Network
... • In East Asia, as China surpassed Japan in trade and size by the mid 2000s, its high growth and more stable dollar rate better smoothed regional business cycles. • In the global downturn of 2008-09, an ever larger Chinese economy with its counter-cyclical fiscal policy based on bank credit was an i ...
... • In East Asia, as China surpassed Japan in trade and size by the mid 2000s, its high growth and more stable dollar rate better smoothed regional business cycles. • In the global downturn of 2008-09, an ever larger Chinese economy with its counter-cyclical fiscal policy based on bank credit was an i ...
Practice Test, February 14, 2003 - Questions
... ________ 10. The government budget position is the surplus or the deficit (if it is a surplus, it is written as a positive number; if it is a deficit, it is written as a negative number). Here, at equilibrium, the government budget position is: ________ 11. The government is considering increasing g ...
... ________ 10. The government budget position is the surplus or the deficit (if it is a surplus, it is written as a positive number; if it is a deficit, it is written as a negative number). Here, at equilibrium, the government budget position is: ________ 11. The government is considering increasing g ...
Unit 1 Rates Determining Nepalese Foreign Trade
... Nepal seems to have remained fairly a closed economy till the end of ‘Rana’ regime in 1950. What can be said for sure is that the formal records are available only since 1950. Nepal’s trade openness ratio, as measured by the sum of merchandise exports and imports to Gross Domestic Product (GDP), inc ...
... Nepal seems to have remained fairly a closed economy till the end of ‘Rana’ regime in 1950. What can be said for sure is that the formal records are available only since 1950. Nepal’s trade openness ratio, as measured by the sum of merchandise exports and imports to Gross Domestic Product (GDP), inc ...
Chapter 9 PowerPoint
... a country’s trade and payments. • List and explain the importance of the three components of the current account. • List and explain the importance of three main types of international capital flows. • Use a simple algebraic model to relate the current account to savings, investment, and the general ...
... a country’s trade and payments. • List and explain the importance of the three components of the current account. • List and explain the importance of three main types of international capital flows. • Use a simple algebraic model to relate the current account to savings, investment, and the general ...
Trade Policy
... If a tariff increases export prices more than import prices, terms of trade may improve May be valid only for large countries ...
... If a tariff increases export prices more than import prices, terms of trade may improve May be valid only for large countries ...