Uruguay 2010 - CEPAL
... Fiscal policy is the cornerstone of the government’s macroeconomic strategy, which seeks to consolidate economic growth in a context of nominal stability and better income distribution. In line with this objective, the consolidated public sector balance showed improvement compared with 2010, posting ...
... Fiscal policy is the cornerstone of the government’s macroeconomic strategy, which seeks to consolidate economic growth in a context of nominal stability and better income distribution. In line with this objective, the consolidated public sector balance showed improvement compared with 2010, posting ...
Chapter 22 Aggregate demand, fiscal policy and trade
... • According to the balanced budget multiplier, an increase in G accompanied by an increase in NT, has an expansionary effect on output • This is because AD increase by the full amount of an increase in G but AD does not fall by the full amount in taxes as C falls by less • If G and T rises by 200, T ...
... • According to the balanced budget multiplier, an increase in G accompanied by an increase in NT, has an expansionary effect on output • This is because AD increase by the full amount of an increase in G but AD does not fall by the full amount in taxes as C falls by less • If G and T rises by 200, T ...
Nov - Penrich Capital
... the broad trade-weighted basket suggests. Indeed, the USD is at the lowest point since the current system of floating currencies was introduced in the early 1970s. The USD is more than 20% below its long-term average against all major currencies except the JPY (see table). Developments in the extern ...
... the broad trade-weighted basket suggests. Indeed, the USD is at the lowest point since the current system of floating currencies was introduced in the early 1970s. The USD is more than 20% below its long-term average against all major currencies except the JPY (see table). Developments in the extern ...
Trade surplus dropped to 2% of GDP in 2011
... China’s international payments are gradually moving toward balance In 2012, the European debt crisis and slow global economic recovery will have a negative impact on China’s export growth. The trade surplus will narrow further and current account will move closer to balance. China will maintain sta ...
... China’s international payments are gradually moving toward balance In 2012, the European debt crisis and slow global economic recovery will have a negative impact on China’s export growth. The trade surplus will narrow further and current account will move closer to balance. China will maintain sta ...
Macro practice FRQs
... yen when U.S. interest rates increase. What happens to American imports and exports? ...
... yen when U.S. interest rates increase. What happens to American imports and exports? ...
Macroeconomics
... good or service with greater efficiency than its partner in trade • Comparative advantage=ability to produce a good or service with greater efficiency and at a lower opportunity cost than other nations ...
... good or service with greater efficiency than its partner in trade • Comparative advantage=ability to produce a good or service with greater efficiency and at a lower opportunity cost than other nations ...
Week-3 - The Institute of Bankers Pakistan
... 3.9% in 2011-12 and further to 4.2% in 2012-13 after having slowed down to 2.4% in 2010-11 against 4.1% in 2009-10. The Asian Development Bank is to provide a credit line of $ 513 mn of which $ 270 mn would be utilized for building Khanki barrage at a new site on river Chenab in the Punjab while $ 2 ...
... 3.9% in 2011-12 and further to 4.2% in 2012-13 after having slowed down to 2.4% in 2010-11 against 4.1% in 2009-10. The Asian Development Bank is to provide a credit line of $ 513 mn of which $ 270 mn would be utilized for building Khanki barrage at a new site on river Chenab in the Punjab while $ 2 ...
C – G
... – A country has a CA surplus when its CA > 0. – A country has a CA deficit when its CA < 0. – CA measures the size and direction of international borrowing. – A country’s current account balance equals the change in its net foreign wealth. ...
... – A country has a CA surplus when its CA > 0. – A country has a CA deficit when its CA < 0. – CA measures the size and direction of international borrowing. – A country’s current account balance equals the change in its net foreign wealth. ...
Venezuela_en.pdf
... Central government expenditure, which in the 2014 Budget Act was set at 553 billion bolívares, rose by 94% thanks to extra loans received in exchange for oil exports, and amounted to 1.071 billion bolívares by November (equal to 26.0% of GDP, compared with 25.9% of GDP between January and December 2 ...
... Central government expenditure, which in the 2014 Budget Act was set at 553 billion bolívares, rose by 94% thanks to extra loans received in exchange for oil exports, and amounted to 1.071 billion bolívares by November (equal to 26.0% of GDP, compared with 25.9% of GDP between January and December 2 ...
Khon Kaen University International College
... In high-context cultures people look at the context of a thing or a message. Context can include the nature of the relationship (balance of power, etc) between sender and receiver, time, and location. Relationships are important. In low-context cultures people focus on the object or on the expli ...
... In high-context cultures people look at the context of a thing or a message. Context can include the nature of the relationship (balance of power, etc) between sender and receiver, time, and location. Relationships are important. In low-context cultures people focus on the object or on the expli ...
Measures of Economic Performance
... Potential benefits of unemployment Unemployment means that there is an excess supply of labour Downward pressure is put on wages Businesses gain by paying out less in wages Productivity may also rise as workers are scared of losing their jobs ...
... Potential benefits of unemployment Unemployment means that there is an excess supply of labour Downward pressure is put on wages Businesses gain by paying out less in wages Productivity may also rise as workers are scared of losing their jobs ...
... In 2014, the Dominican external sector mirrored developments in the international economy, especially the gradual economic recovery in the United States. Total exports rose by 5.3%, down slightly from 5.5% in 2013. That growth was fuelled largely by significant increases in exports of gold and silve ...
balance of trade
... to imports this mean that more goods and services have to be exported to pay for a given volume of import , the country is said to have "deterioration in its Terms Of Trade “ and a decline in the trade balance . Conversely, If a country's export prices rise relative to import prices, its terms of tr ...
... to imports this mean that more goods and services have to be exported to pay for a given volume of import , the country is said to have "deterioration in its Terms Of Trade “ and a decline in the trade balance . Conversely, If a country's export prices rise relative to import prices, its terms of tr ...
Bahamas_en.pdf
... In a significant turnaround from the 5.4% decline in 2009, the services account surplus expanded by 5.5% to stand at US$ 1.138 billion. Services inflows increased in line with a rise in net tourism receipts. Lower net transportation outflows, partly linked to higher port fees and reduced outflows fo ...
... In a significant turnaround from the 5.4% decline in 2009, the services account surplus expanded by 5.5% to stand at US$ 1.138 billion. Services inflows increased in line with a rise in net tourism receipts. Lower net transportation outflows, partly linked to higher port fees and reduced outflows fo ...
Suriname_en.pdf
... the consumer price index basket: food and non-alcoholic beverages. Fuel prices also fell in 2009 in tandem with average oil prices. The expectation for 2010 is that inflation will increase with the global economic recovery and will close the year at 3.5% ...
... the consumer price index basket: food and non-alcoholic beverages. Fuel prices also fell in 2009 in tandem with average oil prices. The expectation for 2010 is that inflation will increase with the global economic recovery and will close the year at 3.5% ...
Ecuador_en.pdf
... 2009, they began to decline in nominal terms. Between November 2008 and March 2009, the cumulative decline in bank assets was equivalent to 4.5% in dollars. This may reflect the sharp decline in oil prices and the consequent reduction in assets to finance the more than US$ 1.5 billion deficit of the ...
... 2009, they began to decline in nominal terms. Between November 2008 and March 2009, the cumulative decline in bank assets was equivalent to 4.5% in dollars. This may reflect the sharp decline in oil prices and the consequent reduction in assets to finance the more than US$ 1.5 billion deficit of the ...
1600547EE_Bahamas_en PDF - CEPAL
... offset only partly by reduced net receipts from offshore companies’ local expenses and inflows for government services. The income account deficit narrowed by 8.1% to US$ 402.4 million in 2015, following substantial growth of 33.1% in 2014. This stemmed from a sharp fall in investment-related outflo ...
... offset only partly by reduced net receipts from offshore companies’ local expenses and inflows for government services. The income account deficit narrowed by 8.1% to US$ 402.4 million in 2015, following substantial growth of 33.1% in 2014. This stemmed from a sharp fall in investment-related outflo ...
International Flow of Financial Resources
... from the point of view of the donor • It should be characterized by concessional terms (i.e. i and repayment period for borrowed capital less stringent then commercial terms) ...
... from the point of view of the donor • It should be characterized by concessional terms (i.e. i and repayment period for borrowed capital less stringent then commercial terms) ...
Slide 1
... system. • Trouble with U.S. ratification: - Concern for the possible loss of sovereignty over its trade laws to WTO - The lack of veto power - The role the U.S. would assume when a conflict arises over an individual state’s laws that might be challenged by a WTO member. ...
... system. • Trouble with U.S. ratification: - Concern for the possible loss of sovereignty over its trade laws to WTO - The lack of veto power - The role the U.S. would assume when a conflict arises over an individual state’s laws that might be challenged by a WTO member. ...
Mexico
... • Because of an upcoming presidential election on August 21, 1994, political developments caused an increase in Mexico’s risk premium () due to increases in default risk and exchange rate risk: These events put downward pressure on the value of the peso, Mexico’s central bank had promised to mainta ...
... • Because of an upcoming presidential election on August 21, 1994, political developments caused an increase in Mexico’s risk premium () due to increases in default risk and exchange rate risk: These events put downward pressure on the value of the peso, Mexico’s central bank had promised to mainta ...
The Mexican peso financing of US$108 million equivalent for the
... The Mexican peso financing of US$108 million equivalent for the Decentralized Infrastructure Reform and Development Project was the first IBRD loan conversion into local currency. The transaction eliminated currency risk for the subnational government, the domestic development bank, and the federal ...
... The Mexican peso financing of US$108 million equivalent for the Decentralized Infrastructure Reform and Development Project was the first IBRD loan conversion into local currency. The transaction eliminated currency risk for the subnational government, the domestic development bank, and the federal ...
Lesson 7
... • The IMF was constructed to lend to countries with persistent balance of payments deficits (or current account deficits), and to approve of devaluations. Loans were made from a fund paid for by members in gold and currencies. Each country had a quota, which determined its contribution to the fu ...
... • The IMF was constructed to lend to countries with persistent balance of payments deficits (or current account deficits), and to approve of devaluations. Loans were made from a fund paid for by members in gold and currencies. Each country had a quota, which determined its contribution to the fu ...
Practice Final
... excess supply. C)People would find money strictly preferable to bonds and bonds therefore would be in excess demand. D)People would find money strictly preferable to bonds and the bonds market would be in equilibrium. ...
... excess supply. C)People would find money strictly preferable to bonds and bonds therefore would be in excess demand. D)People would find money strictly preferable to bonds and the bonds market would be in equilibrium. ...
Policy game in the global economy
... Notes: YF full employment output, BOP = Balance of Payment, K= capital, ESG =Excess supply of goods, EDG =Excess demand for goods, ESM =excess supply of money, EDM=excess demand for money ...
... Notes: YF full employment output, BOP = Balance of Payment, K= capital, ESG =Excess supply of goods, EDG =Excess demand for goods, ESM =excess supply of money, EDM=excess demand for money ...