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19 The Quantity Theory of Money in an Open Economy

19 The Quantity Theory of Money in an Open Economy »

Source: International Financial Policy : Essays in honor of Jacques J. Polak

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

ISBN: 9781557751966

Keywords: exchange rate, monetary fund, current account, exchange rates, inflation

The problem of adapting the quantity theory of money to the balance of payments adjustment mechanism presented a dilemma for the economists of the eighteenth and nineteenth centuries that was never completel...

Mexican Debt Exchange: Lessons and Issues

Mexican Debt Exchange: Lessons and Issues »

Source: Analytical Issues in Debt

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1989

ISBN: 9781557750419

Keywords: debt, interest, creditors, debt relief, payments

DEBTOR COUNTRIES that experience unexpected changes in current or anticipated cash flows 1 may find it beneficial to modify the str...

11. Prudential Supervision and Monetary Policy

11. Prudential Supervision and Monetary Policy »

Source: International Financial Policy : Essays in honor of Jacques J. Polak

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

ISBN: 9781557751966

Keywords: exchange rate, monetary fund, current account, exchange rates, inflation

Central banking and the supervision and regulation of financial institutions and markets are key governmental functions in any modern economy. In general, the government reserves for itself the right to issu...

10 Understanding the Growth Momentum in India’s Services

10 Understanding the Growth Momentum in India’s Services »

Source: India Goes Global : Its Expanding Role in the Global Economy

Series: Books

Author(s): Catriona Purfield , and Jerald Schiff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 August 2006

ISBN: 9781589065680

Keywords: fdi, exchange rate, banking, direct investment, taxation

Astriking feature of India’s growth performance over the past 15 years has been the strength of the services sector. 1 The sector has benefited tre...

CHAPTER 5 Employment Effects of Growth Rebalancing in China

CHAPTER 5 Employment Effects of Growth Rebalancing in China »

Source: Rebalancing Growth in Asia : Economic Dimensions for China

Series: Books

Author(s): Vivek Arora , and Roberto Cardarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2011

ISBN: 9781616350567

Keywords: employment, private consumption, corporate governance, share of employment, export growth

INTRODUCTION There is a growing sense, as noted in Chapter 4, that China’s export-oriented growth will be difficult to sustain over the medium to longer term and that shifting toward...

16. The Design of Macroeconomic Policy in the World Economy

16. The Design of Macroeconomic Policy in the World Economy »

Source: International Financial Policy : Essays in honor of Jacques J. Polak

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

ISBN: 9781557751966

Keywords: exchange rate, monetary fund, current account, exchange rates, inflation

I. Introduction and Background Dissatisfaction with the macroeconomic performance of the world economy, particularly from the early 1970s, has been the catalyst for a great variety o...

15 Background Paper: Japan’s Medium- and Long-Term Fiscal Challenges

15 Background Paper: Japan’s Medium- and Long-Term Fiscal Challenges »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

Reflecting weak activity and countercyclical measures, Japan’s fiscal position severely deteriorated during 1992-96, entirely reversing the consolidation effort in the 1980s. As Japan’s fiscal situation face...

2 Australia’s Long-Term Economic Performance

2 Australia’s Long-Term Economic Performance »

Source: Australia : Benefiting from Economic Reforms

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 1998

ISBN: 9781557757326

Keywords: inflation, unemployment, monetary policy, employment, current account deficit

For much of the postwar era, Australia’s economic performance has been relatively disappointing. From the 1960s through the 1980s, per capita growth rates were significantly lower than those of other industr...

7 Product Market Reform

7 Product Market Reform »

Source: Australia : Benefiting from Economic Reforms

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 1998

ISBN: 9781557757326

Keywords: inflation, unemployment, monetary policy, employment, current account deficit

One of the most important reasons for Australia’s relatively poor productivity performance in the 1970s and 1980s discussed in Chapter 2 was the historical lack of openness of the economy, owing to high impo...

7 HIV/AIDS in South Africa

7 HIV/AIDS in South Africa »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

The emergence of the HIV/AIDS epidemic, and its substantial human and economic repercussions, is one of the most significant developments of South Africa’s post-apartheid period. Two thousand South Africans...