
Algerie Country Profile
... purchasing power, jobs and housing. The oil and gas sector is the country’s main source of revenues, having generated about 70% of total budget receipts. The economy is projected to grow by 3.2% in 2013 and by 4.0 % in 2014. The country’s external position remained comfortable in 2012, with a trade ...
... purchasing power, jobs and housing. The oil and gas sector is the country’s main source of revenues, having generated about 70% of total budget receipts. The economy is projected to grow by 3.2% in 2013 and by 4.0 % in 2014. The country’s external position remained comfortable in 2012, with a trade ...
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... Recovery in the United States is expected to materialize in the second half of 2003 and to provide a stimulus to growth elsewhere. The depreciation of the dollar in early 2003, if sustained, will reinforce this recovery in the United States but will reduce the extent of the stimulus that United Stat ...
... Recovery in the United States is expected to materialize in the second half of 2003 and to provide a stimulus to growth elsewhere. The depreciation of the dollar in early 2003, if sustained, will reinforce this recovery in the United States but will reduce the extent of the stimulus that United Stat ...
Library of Parliament
... by two distinct categories of catalyst. The first is domestic or comparative factors – fundamental economic conditions in Canada, especially relative to those in the United States. The second is external factors – those over which Canada or Canadian policy have little to no influence. It should be b ...
... by two distinct categories of catalyst. The first is domestic or comparative factors – fundamental economic conditions in Canada, especially relative to those in the United States. The second is external factors – those over which Canada or Canadian policy have little to no influence. It should be b ...
The Great Leveraging - Bank for International Settlements
... the financial system been maintained or expanded? Would the previous epoch have been even more glorious had banks been allowed or encouraged to lever up and take risks even sooner than ...
... the financial system been maintained or expanded? Would the previous epoch have been even more glorious had banks been allowed or encouraged to lever up and take risks even sooner than ...
Content checklist and mapping
... advantages and disadvantages of the single market diseconomies of scale advantages and disadvantages of the single currency internal and external economies of scale components of the current account how and why firms grow in size how exchange rates may be influenced by interest rates costs and benef ...
... advantages and disadvantages of the single market diseconomies of scale advantages and disadvantages of the single currency internal and external economies of scale components of the current account how and why firms grow in size how exchange rates may be influenced by interest rates costs and benef ...
Monetary Policy Instruments for Developing
... On the other hand there is not a clear one-for-one relationship between monetary growth and inflation in the short-run. Domestic prices can be sticky; exchange rates can overshoot their equilibrium levels following a disturbance, and may even veer away from equilibrium for a while. Innovations in th ...
... On the other hand there is not a clear one-for-one relationship between monetary growth and inflation in the short-run. Domestic prices can be sticky; exchange rates can overshoot their equilibrium levels following a disturbance, and may even veer away from equilibrium for a while. Innovations in th ...
NBER WORKING PAPER SERIES A TWO-YEAR REVIEW Michael Bruno Working Paper No. 2398
... appropriate initial synchronization of the most important nominal variables. In spite of the continued success of the stabilization program over the last two years, many problems remain. Excessive wage demands and a private consumption boom, in part the result of relative stability, have so far prev ...
... appropriate initial synchronization of the most important nominal variables. In spite of the continued success of the stabilization program over the last two years, many problems remain. Excessive wage demands and a private consumption boom, in part the result of relative stability, have so far prev ...
NBER WORKING PAPER SERIES GOLD STANDARD ERA
... in the data are defensive rises in short-run interest rates to stave off currency speculation. ...
... in the data are defensive rises in short-run interest rates to stave off currency speculation. ...
In Focus: Markets as we see them China`s capital flight
... China’s official net capital outflows can be divided into three main components – direct investments (which tend to be long-term strategic investments needed to facilitate China’s long-run growth potential), portfolio investments (which consist of equity and debt security purchases by smaller invest ...
... China’s official net capital outflows can be divided into three main components – direct investments (which tend to be long-term strategic investments needed to facilitate China’s long-run growth potential), portfolio investments (which consist of equity and debt security purchases by smaller invest ...
Macroeconomic Impact of Public Sector Enterprises: Some
... demands on governments, bank credit and foreign borrowing. The precise effects of these demands will vary from country to country depending on economic circumstances. Howevr, their large size strongly suggests that, in many developingcountries, public enterprises have been a major cause of stabilisa ...
... demands on governments, bank credit and foreign borrowing. The precise effects of these demands will vary from country to country depending on economic circumstances. Howevr, their large size strongly suggests that, in many developingcountries, public enterprises have been a major cause of stabilisa ...
New Zealand’s imbalances in a cross-country context 1
... provide the same NIIP, equity positions and reserve asset balances. But gross estimates of the foreign debt will differ depending on the composition of individual assets and liabilities. See Statistics New Zealand’s ‘Balance of Payments and International Investment Position’ reports, available from ...
... provide the same NIIP, equity positions and reserve asset balances. But gross estimates of the foreign debt will differ depending on the composition of individual assets and liabilities. See Statistics New Zealand’s ‘Balance of Payments and International Investment Position’ reports, available from ...
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... Beginning the analysis from the maintained hypothesis of a neoclassical economy with full employment, full information, and full rationality is even more striking, given the events occurring as or shortly before the paper was being written. An outflow of capital, as a result of worries about the out ...
... Beginning the analysis from the maintained hypothesis of a neoclassical economy with full employment, full information, and full rationality is even more striking, given the events occurring as or shortly before the paper was being written. An outflow of capital, as a result of worries about the out ...
Suriname: 2005 Article IV Consultation—Staff Report; Public Information Notice on
... Financial sector soundness has improved, but weaknesses remain. Assets in the system total about 80 percent of GDP, but nearly 50 percentage points are concentrated in three banks—one of these is a fully-owned subsidiary of an international bank and the two others have minority government ownership. ...
... Financial sector soundness has improved, but weaknesses remain. Assets in the system total about 80 percent of GDP, but nearly 50 percentage points are concentrated in three banks—one of these is a fully-owned subsidiary of an international bank and the two others have minority government ownership. ...
The Trade-Balance Creed Debunking the Belief that Imports and Executive Summary
... We can see the inherently balanced nature of America’s trade by examining the “balance of payments” accounts for the U.S. economy during the most recent calendar year. The current account is what draws the headlines. It covers our international trade in goods, services, investment income, and unilat ...
... We can see the inherently balanced nature of America’s trade by examining the “balance of payments” accounts for the U.S. economy during the most recent calendar year. The current account is what draws the headlines. It covers our international trade in goods, services, investment income, and unilat ...
Economic Developments in the Baltic States: Success and New
... countries in 1992. The reason was a strong expansion of the money stock in the rouble zone. Each former Soviet republic thus issued money, expecting the inflation burden to be borne by all countries in the zone. It was therefore necessary to decouple the Baltic States from the rouble zone in order t ...
... countries in 1992. The reason was a strong expansion of the money stock in the rouble zone. Each former Soviet republic thus issued money, expecting the inflation burden to be borne by all countries in the zone. It was therefore necessary to decouple the Baltic States from the rouble zone in order t ...
India and the Eurozone: A Commentary on the Political Economy of
... transmission effects in international trade. This was in keeping with the mainstream trade model that regarded the trade balance as a measure of competitiveness of national economies, and therefore regarded a fall in financial and trade flows within the global economy as the major cause for the redu ...
... transmission effects in international trade. This was in keeping with the mainstream trade model that regarded the trade balance as a measure of competitiveness of national economies, and therefore regarded a fall in financial and trade flows within the global economy as the major cause for the redu ...
Exchange Rate Volatility and Trade among the Asia Pacific Countries
... power of the U.S. is too big, then to share a border with the U.S. may not be a relative advantage. Also, the two countries, Indonesia and Malaysia, who share a border, have relatively small amount of trade between them, perhaps because they have similar export and import goods. The impact of exchan ...
... power of the U.S. is too big, then to share a border with the U.S. may not be a relative advantage. Also, the two countries, Indonesia and Malaysia, who share a border, have relatively small amount of trade between them, perhaps because they have similar export and import goods. The impact of exchan ...
Credit Constraints and Growth in a Global Economy St´ephane Guibaud (LSE)
... middle-aged, through a dominant income effect. With these different weights on the young borrowers versus the middle aged savers, sharp differences in the response of an economy’s aggregate savings rate can emerge. These slope differences in saving rates combined with initial levels-differences indu ...
... middle-aged, through a dominant income effect. With these different weights on the young borrowers versus the middle aged savers, sharp differences in the response of an economy’s aggregate savings rate can emerge. These slope differences in saving rates combined with initial levels-differences indu ...
Thailand`s investment-driven boom and crisis
... above-trend increase in real GDP from 1987 to 1996, as the size of the boom to be explained. In addition, we seek to explain the fact that this large boom caused no increase in price inflation, but that it caused the development of the current account deficit as shown. ...
... above-trend increase in real GDP from 1987 to 1996, as the size of the boom to be explained. In addition, we seek to explain the fact that this large boom caused no increase in price inflation, but that it caused the development of the current account deficit as shown. ...
Macroeconomic Policy and the External Sector
... payments. For instance, net imports, reflecting excess domestic expenditure or income deficits, augment the domestically available resources from abroad, and to that extent they may be considered welfare enhancing. But they have to be financed by payments to foreign suppliers from domestic holdings ...
... payments. For instance, net imports, reflecting excess domestic expenditure or income deficits, augment the domestically available resources from abroad, and to that extent they may be considered welfare enhancing. But they have to be financed by payments to foreign suppliers from domestic holdings ...
Q 1)Why do central problems arise in an economy
... i) Net compensation of the employees: It is equal to the difference between the compensation of employees received by resident workers that are living and employed abroad and similar payments made to non resident workers. ii) Net Income from property and entrepreneurship: It is equal to the differen ...
... i) Net compensation of the employees: It is equal to the difference between the compensation of employees received by resident workers that are living and employed abroad and similar payments made to non resident workers. ii) Net Income from property and entrepreneurship: It is equal to the differen ...
6-3 The Recent US Government Budget Deficit
... • The burden of government borrowing for investment projects like building highways or schools is none, as long as the future return is greater than the social cost of the project. – If some investment projects, like a rarely used highway, yield a very low return, then there will be future costs. • ...
... • The burden of government borrowing for investment projects like building highways or schools is none, as long as the future return is greater than the social cost of the project. – If some investment projects, like a rarely used highway, yield a very low return, then there will be future costs. • ...
NBER WORKING PAPER SERIES AREAS Pierre-Richard Agenor
... of two monetary arrangements: a system of independent national currencies and a single currency area. They find that the presence of country-specific shocks may either reduce or enhance the benefits of a single currency area, depending on the importance of exchange rate adjustment relative to risksh ...
... of two monetary arrangements: a system of independent national currencies and a single currency area. They find that the presence of country-specific shocks may either reduce or enhance the benefits of a single currency area, depending on the importance of exchange rate adjustment relative to risksh ...
Indian Financial Reforms : National Priorities amidst an International
... architecture; and restructuring the banking industry. . I believe Sir Purushotamdas Thakurdas would have approved of the topic. To some of us who take an interest in monetary developments in India, Sir Purushotamdas Thakurdas, or Sir P.T. as he was more well-known as, is much more than just a name o ...
... architecture; and restructuring the banking industry. . I believe Sir Purushotamdas Thakurdas would have approved of the topic. To some of us who take an interest in monetary developments in India, Sir Purushotamdas Thakurdas, or Sir P.T. as he was more well-known as, is much more than just a name o ...
Banco Central de la República Dominicana Ministerio de Hacienda
... sector. Interest payments, however, will be recorded on a due basis. Capital expenditure will include any in-kind capital expenditures defined as the externally financed investment projects (through loans and grants) in case they are not included in the execution of the budget. The balance of the ce ...
... sector. Interest payments, however, will be recorded on a due basis. Capital expenditure will include any in-kind capital expenditures defined as the externally financed investment projects (through loans and grants) in case they are not included in the execution of the budget. The balance of the ce ...