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... Figure 1. Regional trends in GDP at current prices Figure 2. Level of GDP per capita for EAC from 2005-2010 Figure 3. Trends in budget deficit to GDP ratio excluding grants for EAC countries for 2006-2010 Figure 4. Trends in budget deficit to GDP ratio including grants for EAC countries for 2005- ...
... Figure 1. Regional trends in GDP at current prices Figure 2. Level of GDP per capita for EAC from 2005-2010 Figure 3. Trends in budget deficit to GDP ratio excluding grants for EAC countries for 2006-2010 Figure 4. Trends in budget deficit to GDP ratio including grants for EAC countries for 2005- ...
1. Recognizing accounts receivable. 2. Valuing accounts receivable
... When financing charges are added to a balance owing, Accounts Receivable is debited and Interest Revenue is credited. ...
... When financing charges are added to a balance owing, Accounts Receivable is debited and Interest Revenue is credited. ...
S0311856_en.pdf
... year. In 2003, the countries of the region have been able to access funds at an average cost of 9.6%, which is 300 basis points less than 12 months earlier. Nevertheless, foreign investment has been on the decline. Latin America and the Caribbean have received nearly US$ 22 billion in compensatory f ...
... year. In 2003, the countries of the region have been able to access funds at an average cost of 9.6%, which is 300 basis points less than 12 months earlier. Nevertheless, foreign investment has been on the decline. Latin America and the Caribbean have received nearly US$ 22 billion in compensatory f ...
1996-36
... The monetary authorities of Singapore aim to keep the inflation low and stable, which meant less than 3 per cent. In setting this target, the current and projected inflation pressures are taken into consideration. In the case of the latter, the medium-term outlook for both foreign inflation and dome ...
... The monetary authorities of Singapore aim to keep the inflation low and stable, which meant less than 3 per cent. In setting this target, the current and projected inflation pressures are taken into consideration. In the case of the latter, the medium-term outlook for both foreign inflation and dome ...
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... economic competence before elections. Shi and Svensson (2006) show that politicians may behave opportunistically even if most voters know the government’s policy, but some voters are uninformed. Empirical studies suggest that the incumbent government benefits from favorable economic conditions (see, ...
... economic competence before elections. Shi and Svensson (2006) show that politicians may behave opportunistically even if most voters know the government’s policy, but some voters are uninformed. Empirical studies suggest that the incumbent government benefits from favorable economic conditions (see, ...
The Economic and Social Effects of Financial Liberalization: Jayati Ghosh
... This is typically seen as a more drastic degree of liberalization, since it eases the possibility of capital flight by domestic residents in periods of crisis. However, a number of countries that receive “excessive” capital inflows that do not add to domestic investment in the net and are reflected ...
... This is typically seen as a more drastic degree of liberalization, since it eases the possibility of capital flight by domestic residents in periods of crisis. However, a number of countries that receive “excessive” capital inflows that do not add to domestic investment in the net and are reflected ...
NEER WORKING PAPER SERIES THE AMERICAN FISCAL DEFICIT: FACTS AND EFFECTS Herschel Grossman
... power for fiscal irresponsibility. In 1976, candidate Carter attacked President Ford for allowing large fiscal deficits and asserted that a Carter Administration would balance the Federal In 1980, candidate Reagan attacked President Carter for budget. allowing large fiscal deficits and asserted that ...
... power for fiscal irresponsibility. In 1976, candidate Carter attacked President Ford for allowing large fiscal deficits and asserted that a Carter Administration would balance the Federal In 1980, candidate Reagan attacked President Carter for budget. allowing large fiscal deficits and asserted that ...
Exchange Rate Developments and Fundamentals in Four
... that fixed exchange rate regimes have been subject to increased vulnerability under the increased capital mobility since the beginning of the 1990s. As a result, a relaxation of exchange rate policies may be part of capital account liberalization or a reaction to an increased integration of these tw ...
... that fixed exchange rate regimes have been subject to increased vulnerability under the increased capital mobility since the beginning of the 1990s. As a result, a relaxation of exchange rate policies may be part of capital account liberalization or a reaction to an increased integration of these tw ...
Real Exchange Rate Distortion in Southeast Europe
... As compared to the Central and East European New EU Member States (NMS) Southeast European Countries (SEECs) run high and partly unsustainable current account deficits. These deficits (in % of GDP) are on average more than double the size of the NMS countries (see Table 1). Three countries (Bosnia a ...
... As compared to the Central and East European New EU Member States (NMS) Southeast European Countries (SEECs) run high and partly unsustainable current account deficits. These deficits (in % of GDP) are on average more than double the size of the NMS countries (see Table 1). Three countries (Bosnia a ...
International Economics, 10e (Krugman/Obstfeld/Melitz) Chapter 22
... 16) Describe some of the features hindering developing countries from growing faster. Answer: One of the features that can be hold developing countries from growing faster is corruption. The way governments control the economy by developing restrictions that would not allow international trade amon ...
... 16) Describe some of the features hindering developing countries from growing faster. Answer: One of the features that can be hold developing countries from growing faster is corruption. The way governments control the economy by developing restrictions that would not allow international trade amon ...
Firewalls: Controlling Short-Term Capital Flows Senior Sophisters
... the local economy. Short-term capital flows are therefore a major worry for many developing economies as ‘hot money’ used purely for speculative purposes can have severely destabilising effects. Consequences of Capital Inflows Inflows of capital to developing countries have many desirable effects. F ...
... the local economy. Short-term capital flows are therefore a major worry for many developing economies as ‘hot money’ used purely for speculative purposes can have severely destabilising effects. Consequences of Capital Inflows Inflows of capital to developing countries have many desirable effects. F ...
Slide 1
... • Financial markets are the institutions through which savers can directly provide funds to borrowers. • Financial intermediaries are financial institutions through which savers can indirectly provide funds to borrowers. ...
... • Financial markets are the institutions through which savers can directly provide funds to borrowers. • Financial intermediaries are financial institutions through which savers can indirectly provide funds to borrowers. ...
The Expected Federal Budget Surplus: How Much
... funds account—mostly individual and corporate income tax revenues used to fund, for example, defense outlays or international aid programs—and a $212.7 billion surplus in the trust funds account.8 As detailed in Table 2, the net government surplus was thus $124 billion, of which nearly $89 billion w ...
... funds account—mostly individual and corporate income tax revenues used to fund, for example, defense outlays or international aid programs—and a $212.7 billion surplus in the trust funds account.8 As detailed in Table 2, the net government surplus was thus $124 billion, of which nearly $89 billion w ...
USING THE BALANCE SHEET APPROACH IN FINANCIAL
... a. In recent years there has been increasing international recognition of the importance of the balance sheet approach and of national balance sheets in analyzing financial stability. Many articles and publications reflect this growing recognition, though the major work on this subject was produced ...
... a. In recent years there has been increasing international recognition of the importance of the balance sheet approach and of national balance sheets in analyzing financial stability. Many articles and publications reflect this growing recognition, though the major work on this subject was produced ...
Europe’s Hunger Games: Income Distribution, Cost Competitiveness and Crisis Servaas Storm and C.W.M. Naastepad
... left to revive Eurozone growth is to expand exports. Hence, true to long-standing IMF dogma, the fund’s managing director, Christine Lagarde, stresses the need for neoliberal structural reforms of Europe’s ‘sclerotic’ labour markets to ‘boost export competitiveness’ and growth. The IMF has been usin ...
... left to revive Eurozone growth is to expand exports. Hence, true to long-standing IMF dogma, the fund’s managing director, Christine Lagarde, stresses the need for neoliberal structural reforms of Europe’s ‘sclerotic’ labour markets to ‘boost export competitiveness’ and growth. The IMF has been usin ...
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... some weighted average between product originating from domestic or foreign sources. After the introduction of country of origin labeling, consumers can make a choice about foreign or domestic products based on differences in the perceived probability of damages. In aggregate such change could not re ...
... some weighted average between product originating from domestic or foreign sources. After the introduction of country of origin labeling, consumers can make a choice about foreign or domestic products based on differences in the perceived probability of damages. In aggregate such change could not re ...
Macroeconomics Chamberlin and Yueh
... • How and why do things like this happen? The answer is simply because of an arbitrage relationship. • Suppose U.S. prices rise, so that the ratio PUS / PUK increases. Now that goods in the UK are relatively cheaper, consumers in the UK will switch consumption away from U.S. goods towards ones produ ...
... • How and why do things like this happen? The answer is simply because of an arbitrage relationship. • Suppose U.S. prices rise, so that the ratio PUS / PUK increases. Now that goods in the UK are relatively cheaper, consumers in the UK will switch consumption away from U.S. goods towards ones produ ...
! Optimal International Reserves Behavior for Turkey K. Azim Özdemir
... establish a link between the level of international reserves and the existence of an optimal level for this variable. The first condition is that there should be some benefits for holding international reserves. The most common argument for the rationalization of those benefits is that there may be ...
... establish a link between the level of international reserves and the existence of an optimal level for this variable. The first condition is that there should be some benefits for holding international reserves. The most common argument for the rationalization of those benefits is that there may be ...
M G F :
... The ratios of deficits to GDP and the ratio of revenue deficit to the fiscal deficit indicate vulnerability of Union finances. Finances become vulnerable to the extent that fiscal deficit is not used for creating assets, as there is no addition to the repayment capacity and no asset back up for the ...
... The ratios of deficits to GDP and the ratio of revenue deficit to the fiscal deficit indicate vulnerability of Union finances. Finances become vulnerable to the extent that fiscal deficit is not used for creating assets, as there is no addition to the repayment capacity and no asset back up for the ...
Required Reserves
... – The percentage of total transactions deposits that the Fed requires depository institutions to hold in the form of vault cash or deposits with the Fed ...
... – The percentage of total transactions deposits that the Fed requires depository institutions to hold in the form of vault cash or deposits with the Fed ...
Macroeconomic Policies: New Issues of Interdependence
... turning to hedge funds, searching for uncorrelated asset classes with a focus on absolute (rather than benchmark‐oriented) returns. These new actors may require policy attention as they have probably introduced amplifiers to global credit cycles, with potentially harmful effe ...
... turning to hedge funds, searching for uncorrelated asset classes with a focus on absolute (rather than benchmark‐oriented) returns. These new actors may require policy attention as they have probably introduced amplifiers to global credit cycles, with potentially harmful effe ...
The Ricardian Approach to Budget Deficits
... expenditures; in particular, the approach is consistentwith real effects from changes in the level or timing of government purchases and public services. In many cases it turns out that budget deficits matter, and are in that sense non-Ricardian. It is important, however, to consider not only whethe ...
... expenditures; in particular, the approach is consistentwith real effects from changes in the level or timing of government purchases and public services. In many cases it turns out that budget deficits matter, and are in that sense non-Ricardian. It is important, however, to consider not only whethe ...
I - Niehaus Center for Globalization and Governance
... Building on this logic further, the second section argues that support for undervalued exchange rates will be strong only when undervaluation can be made compatible with these compensatory policies. Undervaluation is most likely when commodity export prices are high and there is idle capacity in the ...
... Building on this logic further, the second section argues that support for undervalued exchange rates will be strong only when undervaluation can be made compatible with these compensatory policies. Undervaluation is most likely when commodity export prices are high and there is idle capacity in the ...
Sec 4, Mod 16 National Income Accounting
... Policy makers assume neither that markets always behave rationally nor that they can outsmart them. *Krugman ...
... Policy makers assume neither that markets always behave rationally nor that they can outsmart them. *Krugman ...