Browse

You are looking at 1 - 10 of 80 items :

  • Seminar Volumes x
Clear All
Conduct of Monetary Policy with Financial Stability Issues and a Challenging Environment: The Case of Serbia

Conduct of Monetary Policy with Financial Stability Issues and a Challenging Environment: The Case of Serbia »

Source: Negative Euro Area Interest Rates and Spillovers on Western Balkan Central Bank Policies and Instruments

Series: Seminar Volumes

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 2017

ISBN: 9789928445391

1. Introduction I will cover the conduct of monetary policy in Serbia, with regard to our main financial stability concerns. First, I will explain the inflation targeting...

FX Reserve Management in a Negative Interest Rates Environment: The Macedonian Experience

FX Reserve Management in a Negative Interest Rates Environment: The Macedonian Experience »

Source: Negative Euro Area Interest Rates and Spillovers on Western Balkan Central Bank Policies and Instruments

Series: Seminar Volumes

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 2017

ISBN: 9789928445391

First of all, I would like to thank the organizers, the Bank of Albania, the International Monetary Fund, and the Swiss Government for giving me the opportunity to represent the National Bank of the Republic...

Non-standard Monetary Policy in a Low Interest Rate Environment

Non-standard Monetary Policy in a Low Interest Rate Environment »

Source: Negative Euro Area Interest Rates and Spillovers on Western Balkan Central Bank Policies and Instruments

Series: Seminar Volumes

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 2017

ISBN: 9789928445391

Thank you very much for the opportunity to talk about the Hungarian experience. It comes with the usual disclaimer about the views expressed here. Let’s phrase it in the way that I am analyzing and advising...

CHAPTER 12 Bedfellows, Hostages, or Perfect Strangers? Global Capital Markets and the Catalytic Effect of IMF Crisis Lending

CHAPTER 12 Bedfellows, Hostages, or Perfect Strangers? Global Capital Markets and the Catalytic Effect of IMF Crisis Lending »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction Ever since Walter Bagehot’s times, it has been recognized that emergency liquidity support, to be effective, must in principle be unlimited. Of course, the precept shoul...

CHAPTER 8 Different Strokes? Common and Uncommon Responses to Financial Crises

CHAPTER 8 Different Strokes? Common and Uncommon Responses to Financial Crises »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction The recent proliferation of literature on international financial crises has demonstrated the variegation of causes leading countries to economic disaster. Once thought...

CHAPTER 3 Do IMF-Supported Programs Boost Private Capital Inflows? The Role of Program Size and Policy Adjustment

CHAPTER 3 Do IMF-Supported Programs Boost Private Capital Inflows? The Role of Program Size and Policy Adjustment »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction What determines the success of IMF-supported programs? A simple approach is to ask whether the financing that a country can raise from private sources meets or exceeds t...

CHAPTER 6 Efficiency and Legitimacy: Trade-Offs in IMF Governance

CHAPTER 6 Efficiency and Legitimacy: Trade-Offs in IMF Governance »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction The ability of an international organization to achieve its goals ultimately rests on its legitimacy (Woods, 2000; and Van Houtven, 2002, p. 66). Legitimacy means that i...

CHAPTER 15 Evaluating IMF-Supported Programs in the 1990s: The Importance of Taking Explicit Account of Stoppages

CHAPTER 15 Evaluating IMF-Supported Programs in the 1990s: The Importance of Taking Explicit Account of Stoppages »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction During the past two decades, a number of studies have explored whether IMF programs are effective in improving participating countries’ current account, inflation, and g...

CHAPTER 5 Fiscal Policy, Expenditure Composition, and Growth in Low-Income Countries

CHAPTER 5 Fiscal Policy, Expenditure Composition, and Growth in Low-Income Countries »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction A large body of empirical research supports the notion that healthy budgetary balances are, over the long run, good for growth (Easterly, Rodriguez, and Schmidt-Hebbel,...

CHAPTER 7 IMF Conditionality and Country Ownership of Adjustment Programs

CHAPTER 7 IMF Conditionality and Country Ownership of Adjustment Programs »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction International Monetary Fund (IMF) lending in support of adjustment programs is conditional on the borrowing countries adopting certain agreed policies. The conditions at...