DC2010-0015 September 30, 2010 HOW RESILIENT HAVE
... positions (lower current account deficits and higher reserves), stronger fiscal positions (lower deficits and debt) and lower inflation. On another crucial dimension of resilience, protecting vulnerable groups has proved a much bigger challenge because of weaknesses in administration and the dearth ...
... positions (lower current account deficits and higher reserves), stronger fiscal positions (lower deficits and debt) and lower inflation. On another crucial dimension of resilience, protecting vulnerable groups has proved a much bigger challenge because of weaknesses in administration and the dearth ...
#24 AP Deficits(FINA#F2593D
... to create a lot more money. I don’t think they would be. And then our investment rates © 2012 Educational Film Center & Annenberg Foundation ...
... to create a lot more money. I don’t think they would be. And then our investment rates © 2012 Educational Film Center & Annenberg Foundation ...
PDF
... from the 2000s. This was more so after the start of the Zhou Xiaochun PBC governorship in 2001. Chinese CPI inflation fell noticeably, from an average 2.5 percent in 2013 to 2.2 percent in the first half of 2014 and further down to 1.8 percent in the second half of 2014, below the official 2014 targ ...
... from the 2000s. This was more so after the start of the Zhou Xiaochun PBC governorship in 2001. Chinese CPI inflation fell noticeably, from an average 2.5 percent in 2013 to 2.2 percent in the first half of 2014 and further down to 1.8 percent in the second half of 2014, below the official 2014 targ ...
The Stock Market As A Leading Indicator
... will be affected by expectations about the future economy. For example, if investors expect the economy to enter into recession, then expected profits will be diminished and stock prices will decrease in value. On the other hand, if investors anticipate economic growth, then expected profits will im ...
... will be affected by expectations about the future economy. For example, if investors expect the economy to enter into recession, then expected profits will be diminished and stock prices will decrease in value. On the other hand, if investors anticipate economic growth, then expected profits will im ...
EY Global Job Creation Survey 2016
... driving employment change since the first steampowered textile looms displaced craft workers in 18th-century Britain. Consider the effects of the first Industrial Revolution: at one point, more than 95% of jobs involved growing food; today fewer than 2% of people in the developed world work in agric ...
... driving employment change since the first steampowered textile looms displaced craft workers in 18th-century Britain. Consider the effects of the first Industrial Revolution: at one point, more than 95% of jobs involved growing food; today fewer than 2% of people in the developed world work in agric ...
Development and Globalization: Facts and Figures 2012
... implications. We have focused on pivotal themes that best illustrate the interface of trade and related economic development issues, in particular macroeconomic and financial indicators, as well as those relevant to policymaking in the area of fiscal and incomes policy. Those researchers and policym ...
... implications. We have focused on pivotal themes that best illustrate the interface of trade and related economic development issues, in particular macroeconomic and financial indicators, as well as those relevant to policymaking in the area of fiscal and incomes policy. Those researchers and policym ...
WORLD ECONOMIC OUTLOOK, September 2003--Chapter 1
... stressed at the time of the last World Economic Outlook, the recent weakness of the world economy has not just been due to the war. The equity boom in the late 1990s was the largest in modern history: the unwinding of its effects is uncharted territory, and it is perhaps not surprising that most obs ...
... stressed at the time of the last World Economic Outlook, the recent weakness of the world economy has not just been due to the war. The equity boom in the late 1990s was the largest in modern history: the unwinding of its effects is uncharted territory, and it is perhaps not surprising that most obs ...
OCASSIONAL POLICY PAPER MEASURES FOR FINANCIAL
... The 1990s have been marked by a process of integration of emerging market economies with global capital and currency markets. Domestic financial markets have become much more liberalized and international linkages have also grown remarkably. A central feature of this process has been the increasingl ...
... The 1990s have been marked by a process of integration of emerging market economies with global capital and currency markets. Domestic financial markets have become much more liberalized and international linkages have also grown remarkably. A central feature of this process has been the increasingl ...
`Turning Points` with Leading Indicators: `Real Time`
... The leading cyclical indicators approach, which became very popular after [Burns and Mitchel, 1946], has also not been able to solve the problem. These indicators usually give a good picture if one looks for a long historical retrospective but they are often not very effective in ‘real-time’, when o ...
... The leading cyclical indicators approach, which became very popular after [Burns and Mitchel, 1946], has also not been able to solve the problem. These indicators usually give a good picture if one looks for a long historical retrospective but they are often not very effective in ‘real-time’, when o ...
Small open economies in the vast ocean of global high finance
... 1. The table shows the development of each variable compared to its long‐term trend for the five years in the run‐up to and in the aftermath of a financial crisis (starting in 2008). The long‐term trend is estimated for 1870‐2013 using the Hodrick‐Prescott filter with a smoothing parameter equal to ...
... 1. The table shows the development of each variable compared to its long‐term trend for the five years in the run‐up to and in the aftermath of a financial crisis (starting in 2008). The long‐term trend is estimated for 1870‐2013 using the Hodrick‐Prescott filter with a smoothing parameter equal to ...
Assessing reserve management during economic crises
... harm capital inflows into emerging market economies, particularly amid the additional transition of lower oil prices and a slowing Chinese economy. There is a raft of policies to increase economic resilience in the face of such uncertainty, with the most important ones being on the real side, includ ...
... harm capital inflows into emerging market economies, particularly amid the additional transition of lower oil prices and a slowing Chinese economy. There is a raft of policies to increase economic resilience in the face of such uncertainty, with the most important ones being on the real side, includ ...
The IMF’s Indonesian Myths
... Four IMF Myths The are four myths concerning the IMF’s role in Indonesia to justify continued deference to the institution. The first myth is that the presence of an IMF agreement increases investor confidence in Indonesia. Yet after numerous Letters of Intent and four years under IMF supervision, ...
... Four IMF Myths The are four myths concerning the IMF’s role in Indonesia to justify continued deference to the institution. The first myth is that the presence of an IMF agreement increases investor confidence in Indonesia. Yet after numerous Letters of Intent and four years under IMF supervision, ...
What Drives the Global Interest Rate
... the central banks of the major developed economies have turned to alternative policies to expand monetary aggregates and hence stimulate the economy. 2 In this paper we seek to answer the question, what drives the global interest rate over the last fifteen years? The global interest rate reflects t ...
... the central banks of the major developed economies have turned to alternative policies to expand monetary aggregates and hence stimulate the economy. 2 In this paper we seek to answer the question, what drives the global interest rate over the last fifteen years? The global interest rate reflects t ...
Predicting Turning Points in Economic Activity
... DEATH OF THE BUSINESS CYCLE—NAMELY, THE SEQUENCE OF UPS AND DOWNS, UNEVEN IN ...
... DEATH OF THE BUSINESS CYCLE—NAMELY, THE SEQUENCE OF UPS AND DOWNS, UNEVEN IN ...
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... optimal domestic policy does not react to policy shocks and cyclical conditions in the world economy. This may be the case, for instance, when goods are produced with domestic inputs only and are priced in the producers’ currency, or when exporters are fully insured against currency volatility. Othe ...
... optimal domestic policy does not react to policy shocks and cyclical conditions in the world economy. This may be the case, for instance, when goods are produced with domestic inputs only and are priced in the producers’ currency, or when exporters are fully insured against currency volatility. Othe ...
The Strange Case of Domestic Policy Cooperation in the
... The outcome was a highly compartmentalized policy assignment in which macroeconomic balance (stable inflation and full employment) was essentially the preserve of central banks, the fiscal authorities largely worried about debt management and fiscal sustainability, structural policies to boost growt ...
... The outcome was a highly compartmentalized policy assignment in which macroeconomic balance (stable inflation and full employment) was essentially the preserve of central banks, the fiscal authorities largely worried about debt management and fiscal sustainability, structural policies to boost growt ...
ec4 - Caritas University
... commercial banks. The selective credit control aims at controlling specific kinds of credit. They are discussed under the following; a. BANK RATE POLICY: The bank rate is the minimum lending rate of the Central Bank at which it rediscounts first class bill of exchange and government securities held ...
... commercial banks. The selective credit control aims at controlling specific kinds of credit. They are discussed under the following; a. BANK RATE POLICY: The bank rate is the minimum lending rate of the Central Bank at which it rediscounts first class bill of exchange and government securities held ...
The Crisis in Retrospect: Causes, Effects and - Fritz Breuss
... institutions, coupled with a tangle of interconnections among institutions perceived to be “too big to fail,” caused the credit markets to seize up. Trading ground to a halt. The stock market plummeted. The economy plunged into a deep recession.” Figure 1 summarizes this story of the evolution of th ...
... institutions, coupled with a tangle of interconnections among institutions perceived to be “too big to fail,” caused the credit markets to seize up. Trading ground to a halt. The stock market plummeted. The economy plunged into a deep recession.” Figure 1 summarizes this story of the evolution of th ...
CEP Discussion Paper No 1161 August 2012 Gianluca Benigno and Luca Fornaro
... freely by any firm in the economy. We still lack a good empirical understanding on the extent to which knowledge can be appropriated by individual firms. However, it seems reasonable to assume that, at least partly, the knowledge accumulated inside a firm can spill over to other firms. For example, ...
... freely by any firm in the economy. We still lack a good empirical understanding on the extent to which knowledge can be appropriated by individual firms. However, it seems reasonable to assume that, at least partly, the knowledge accumulated inside a firm can spill over to other firms. For example, ...
Creative Destruction - Barrow Cadbury Trust
... and business leaders from the 1930s onwards that UK industry was less productive than the United States’, no significant efforts were made to shift towards a mass production approach. Certain UK sectors that did ‘Americanise’ in the 1940s remained competitive, but too many others avoided innovation ...
... and business leaders from the 1930s onwards that UK industry was less productive than the United States’, no significant efforts were made to shift towards a mass production approach. Certain UK sectors that did ‘Americanise’ in the 1940s remained competitive, but too many others avoided innovation ...
Biographical Information Curriculum Vitae of Willem H. Buiter General
... Treasury and Civil Service, Enquiry into International Monetary Arrangements. ...
... Treasury and Civil Service, Enquiry into International Monetary Arrangements. ...
Ease of doing business and distance to frontier
... performance of economies only relative to the performance of others. It does not provide information on how the absolute quality of the regulatory environment is improving over time. Nor does it provide information on how large the gaps are between economies at a single point in time. The distance t ...
... performance of economies only relative to the performance of others. It does not provide information on how the absolute quality of the regulatory environment is improving over time. Nor does it provide information on how large the gaps are between economies at a single point in time. The distance t ...
PROFESSIONAL BIOGRAPHY Allan H. Meltzer The Allan H. Meltzer
... Member, CSIS Task Force on the Role of Multilateral Development Banks Chairman, International Financial Institution Advisory Commission Distinguished Fellow, American Economic Association Advisor, Joint Economic Committee for International Economic Policy Advisor, to Majority Leader, U.S. House of R ...
... Member, CSIS Task Force on the Role of Multilateral Development Banks Chairman, International Financial Institution Advisory Commission Distinguished Fellow, American Economic Association Advisor, Joint Economic Committee for International Economic Policy Advisor, to Majority Leader, U.S. House of R ...
ENLARGING THE VARIETIES OF CAPITALISM The
... seen from the traditional VOC perspective, bastard or hybrid varieties of capitalism that combine features of both models should lead to suboptimal outcomes if compared to a coherent variety.12 We argue that these different and contradictory inferences are partly explained by a somewhat premature, m ...
... seen from the traditional VOC perspective, bastard or hybrid varieties of capitalism that combine features of both models should lead to suboptimal outcomes if compared to a coherent variety.12 We argue that these different and contradictory inferences are partly explained by a somewhat premature, m ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.