Asia and Pacific Preparing for Choppy Seas
... headwinds, including from population aging and sluggish productivity. Macroeconomic policies should continue to support growth while boosting resilience, external rebalancing, and inclusiveness. The region needs structural reforms to address its demographic challenges and to boost productivity. The ...
... headwinds, including from population aging and sluggish productivity. Macroeconomic policies should continue to support growth while boosting resilience, external rebalancing, and inclusiveness. The region needs structural reforms to address its demographic challenges and to boost productivity. The ...
Asia Pacific Regional Economic Outlook, May 9, 2017
... headwinds, including from population aging and sluggish productivity. Macroeconomic policies should continue to support growth while boosting resilience, external rebalancing, and inclusiveness. The region needs structural reforms to address its demographic challenges and to boost productivity. The ...
... headwinds, including from population aging and sluggish productivity. Macroeconomic policies should continue to support growth while boosting resilience, external rebalancing, and inclusiveness. The region needs structural reforms to address its demographic challenges and to boost productivity. The ...
A Antonio Martino
... its importance, price stability has reacquired the position it held in pre-Keynesian times, when it was believed that a stable purchasing power of money was a necessary precondition for a free and prosperous economy. In a Keynesian world, price stability is not necessarily desirable. Most Key- nesia ...
... its importance, price stability has reacquired the position it held in pre-Keynesian times, when it was believed that a stable purchasing power of money was a necessary precondition for a free and prosperous economy. In a Keynesian world, price stability is not necessarily desirable. Most Key- nesia ...
Entrepreneurship, Innovation, and Economic
... of new markets, new forms of organization, and new sources of supply. Audretsch and Sanders discuss the impacts of general purpose technologies. Here, clusters of innovations result in the emergence of technologies such as electricity or information and communication technology (ICT) which have a pe ...
... of new markets, new forms of organization, and new sources of supply. Audretsch and Sanders discuss the impacts of general purpose technologies. Here, clusters of innovations result in the emergence of technologies such as electricity or information and communication technology (ICT) which have a pe ...
Chapter 2. Can Fiscal Policy Stabilize Output?
... bad times (when they are most needed) as in good times (when rebuilding fiscal buffers is essential). In many countries, this could substantially increase fiscal stabilization without affecting the size and design of existing government programs. It could also help ensure that public debt remains at ...
... bad times (when they are most needed) as in good times (when rebuilding fiscal buffers is essential). In many countries, this could substantially increase fiscal stabilization without affecting the size and design of existing government programs. It could also help ensure that public debt remains at ...
Exploring Interlinks between Globalization and Governance: A
... endowments and to the productivity of the countries. Moreover, good governance, quality institutions and developed civil society norms also improve the quality of the productive endowments. Here reverse causality also exists between good institutions and level of development of an economy. Recently ...
... endowments and to the productivity of the countries. Moreover, good governance, quality institutions and developed civil society norms also improve the quality of the productive endowments. Here reverse causality also exists between good institutions and level of development of an economy. Recently ...
Saving Transitions - Harvard Kennedy School
... short-run relationship between investment and growth tends to be weak at best, in the long-run the investment rate turns out to be he most robust correlate of growth.1 As a matter of accounting necessity, investment has to be financed by saving, from either domestic or foreign sources. In practice, ...
... short-run relationship between investment and growth tends to be weak at best, in the long-run the investment rate turns out to be he most robust correlate of growth.1 As a matter of accounting necessity, investment has to be financed by saving, from either domestic or foreign sources. In practice, ...
2016 World Economic Situation
... Finance for sustainable development Addis Ababa Action Agenda establishes a financing framework for the 2030 Agenda for Sustainable Development A primary role of the international financial system is to channel savings to productive uses and investment in order to deliver sustainable economic growth ...
... Finance for sustainable development Addis Ababa Action Agenda establishes a financing framework for the 2030 Agenda for Sustainable Development A primary role of the international financial system is to channel savings to productive uses and investment in order to deliver sustainable economic growth ...
World Economic Situation and Prospects 2016
... Finance for sustainable development Addis Ababa Action Agenda establishes a financing framework for the 2030 Agenda for Sustainable Development A primary role of the international financial system is to channel savings to productive uses and investment in order to deliver sustainable economic growth ...
... Finance for sustainable development Addis Ababa Action Agenda establishes a financing framework for the 2030 Agenda for Sustainable Development A primary role of the international financial system is to channel savings to productive uses and investment in order to deliver sustainable economic growth ...
IMF Staff Papers - Columbia Business School
... because it is extremely difficult to isolate the volume of privatized assets independently from their valuation. Our results show that IMF conditionality was associated both with higher privatization revenues and with more privatization transactions, but the revenues’ effects were stronger and very ...
... because it is extremely difficult to isolate the volume of privatized assets independently from their valuation. Our results show that IMF conditionality was associated both with higher privatization revenues and with more privatization transactions, but the revenues’ effects were stronger and very ...
NBER WORKING PAPER SERIES BUSINESS CYCLES IN EMERGING ECONOMIES: Pablo A. Neumeyer
... Argentina of only 6% during the hyperinflation of the 1990s and of 7% during the Tequila Crisis of 1994-95. ...
... Argentina of only 6% during the hyperinflation of the 1990s and of 7% during the Tequila Crisis of 1994-95. ...
Text - IMF
... per hour worked. It increases with TFP, but can also increase with capital deepening—an increase in the amount of capital per worker or per hour worked. Hence, one would expect TFP and labor productivity growth to be positively, but not necessarily strongly correlated. ...
... per hour worked. It increases with TFP, but can also increase with capital deepening—an increase in the amount of capital per worker or per hour worked. Hence, one would expect TFP and labor productivity growth to be positively, but not necessarily strongly correlated. ...
Foreign Direct Investment for Development
... to deferring their decision.3 This problem is compounded where a deficit of democracy, or of other kinds of political legitimacy, makes the system of government prone to sudden changes. Finally, a lack of effective regional trade integration efforts has been singled out as a factor.4 Due to this, na ...
... to deferring their decision.3 This problem is compounded where a deficit of democracy, or of other kinds of political legitimacy, makes the system of government prone to sudden changes. Finally, a lack of effective regional trade integration efforts has been singled out as a factor.4 Due to this, na ...
WIDER Annual Lecture 9
... countries—and within developing countries the currently ‘rich’ relative to the poor and middle income strata. In the conclusion I briefly suggest what can be done about the resulting challenge to global security, stability, shared prosperity, and most fundamentally to global social justice: how to ...
... countries—and within developing countries the currently ‘rich’ relative to the poor and middle income strata. In the conclusion I briefly suggest what can be done about the resulting challenge to global security, stability, shared prosperity, and most fundamentally to global social justice: how to ...
what does the international monetary fund(imf) do?
... • Key policy issues related to the international monetary system are considered twice a year by a committee of Governors called the International Monetary and Financial Committee, or the IMFC. • A joint committee of the Boards of Governors of the IMF and the World Bank—the Development Committee— adv ...
... • Key policy issues related to the international monetary system are considered twice a year by a committee of Governors called the International Monetary and Financial Committee, or the IMFC. • A joint committee of the Boards of Governors of the IMF and the World Bank—the Development Committee— adv ...
Inequality and Injustice in our Global Economy
... countries—and within developing countries the currently ‘rich’ relative to the poor and middle income strata. In the conclusion I briefly suggest what can be done about the resulting challenge to global security, stability, shared prosperity, and most fundamentally to global social justice: how to ...
... countries—and within developing countries the currently ‘rich’ relative to the poor and middle income strata. In the conclusion I briefly suggest what can be done about the resulting challenge to global security, stability, shared prosperity, and most fundamentally to global social justice: how to ...
The weakness of business investment in the
... its pre-crisis levels. In the emerging economies, on the other hand, investment as a percentage of GDP increased strongly between 2000 and 2011, since when it has held steady at historically high levels.3 A large part of the fall in investment during the Great Recession and of the discrepancies obse ...
... its pre-crisis levels. In the emerging economies, on the other hand, investment as a percentage of GDP increased strongly between 2000 and 2011, since when it has held steady at historically high levels.3 A large part of the fall in investment during the Great Recession and of the discrepancies obse ...
A New Approach to Infer Changes in the Synchronization of
... (MS) models (Hamilton (1989)) have become useful tools for analyzing the synchronization of national economies (Smith and Summers (2005) and Camacho and Perez-Quiros (2006)), or regional economies (Owyang et al. (2005) and Hamilton and Owyang (2012)). In these studies, real economic activity is mode ...
... (MS) models (Hamilton (1989)) have become useful tools for analyzing the synchronization of national economies (Smith and Summers (2005) and Camacho and Perez-Quiros (2006)), or regional economies (Owyang et al. (2005) and Hamilton and Owyang (2012)). In these studies, real economic activity is mode ...
Bosnia and Herzegovina – Understanding Reform
... implementation by rekindling instability and uncertainty. The other aggravating factor was the succession of coalition governments with weak executive power. Macroeconomic stability has been the cornerstone of the economic programme pursued as part of a broader reconstruction effort in BiH supporte ...
... implementation by rekindling instability and uncertainty. The other aggravating factor was the succession of coalition governments with weak executive power. Macroeconomic stability has been the cornerstone of the economic programme pursued as part of a broader reconstruction effort in BiH supporte ...
Transition Report 2012 - INTEGRATION ACROSS BORDERS
... towards markets and democracy. The nature of the crisis has changed fundamentally since 2008. What started as a banking crisis in a small group of countries has transformed into a sovereign crisis in the eurozone which has in turn weakened European banks and led to a withdrawal of funding from emerg ...
... towards markets and democracy. The nature of the crisis has changed fundamentally since 2008. What started as a banking crisis in a small group of countries has transformed into a sovereign crisis in the eurozone which has in turn weakened European banks and led to a withdrawal of funding from emerg ...
Prospect of FDI-Led Industrialization in Ethiopia
... All these suggest that attracting FDI is vital for countries that are at the lower stage of development in the global structural transformation chain but striving to industrialize their economy. However, attracting efficiency- or market-seeking FDI firms is not an easy task as it requires an exce ...
... All these suggest that attracting FDI is vital for countries that are at the lower stage of development in the global structural transformation chain but striving to industrialize their economy. However, attracting efficiency- or market-seeking FDI firms is not an easy task as it requires an exce ...
Modelling the transition from a socialist to capitalist economic system
... system. This is not the exact date, which is derived numerically and used for each of the countries separately, but is a watershed between the two epochs. A more accurate start point of the transition period is determined for each of the studied countries below. The observed average rate of growth f ...
... system. This is not the exact date, which is derived numerically and used for each of the countries separately, but is a watershed between the two epochs. A more accurate start point of the transition period is determined for each of the studied countries below. The observed average rate of growth f ...
NBER WORKING PAPER SERIES OKUN’S LAW Menzie D. Chinn
... employment between trend and cyclical factors, wherein one could potentially interpret the trend factors as structural in nature. This caveat is necessary because statistically defined trend factors could be structural in origin, but might also conceivably incorporate fact ...
... employment between trend and cyclical factors, wherein one could potentially interpret the trend factors as structural in nature. This caveat is necessary because statistically defined trend factors could be structural in origin, but might also conceivably incorporate fact ...
The Political Economy of Privatization in the Maghreb
... in food supplies, skyrocketing prices and fewer jobs led to riots in the main Algerian towns. More than 500 people were killed and 1,000 injured (Addi 2006). Between 1985 and 1993 unemployment rose to alarmingly high rates while the purchasing power fell by 20 percent between 1989 and 1995. By 1998, ...
... in food supplies, skyrocketing prices and fewer jobs led to riots in the main Algerian towns. More than 500 people were killed and 1,000 injured (Addi 2006). Between 1985 and 1993 unemployment rose to alarmingly high rates while the purchasing power fell by 20 percent between 1989 and 1995. By 1998, ...
gri02-ivaschenko 221455 en
... rising in CEE countries, although at very modest rates, despite the growing economies (see Columns 6 and 8). This is a very interesting observation since it indicates that the mechanisms behind the inequality trends in EE and the FSU are not necessarily the same. It is also clear that economic growt ...
... rising in CEE countries, although at very modest rates, despite the growing economies (see Columns 6 and 8). This is a very interesting observation since it indicates that the mechanisms behind the inequality trends in EE and the FSU are not necessarily the same. It is also clear that economic growt ...