Author : International Monetary Fund. Secretary's Department
Publisher : International Monetary Fund
Page : 74 pages
File Size : 50,50 MB
Release : 2021-10-04
Category : Business & Economics
ISBN : 1513568817
A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
Author : Mats Lundahl
Publisher : Routledge
Page : 466 pages
File Size : 21,10 MB
Release : 2013-02-11
Category : Business & Economics
ISBN : 113507173X
Haiti, one of the least developed and most vulnerable nations in the Western Hemisphere, made the international headlines in January 2010 when an earthquake destroyed the capital, Port-au-Prince. More than a year later, little reconstruction has taken place, in spite of a strong international funding commitment. Mats Lundahl has written several seminal works on Haiti, and this volume brings together the best of his past work on Haiti’s economic and political history, along with a comprehensive introduction and two new chapters which bring the story right up to the present day. Together, the volume provides both historical background and explanation as to why Haiti was so badly affected by the earthquake, and to why reconstruction efforts have been ineffective this far. Lundahl argues that the two main causes can found in the interaction between the growth of the population and the destruction of the arable soil on the one hand, and in the creation of a predatory state during the nineteenth century, which still exists to this day. This book provides a comprehensive analysis, which charts these themes from the time of the arrival of Columbus in the island in 1492, to the present day. The book also deals with contemporary market and policy failures, as well as the crucial recent elections, and considers the path ahead for this impoverished nation. This book will be of huge relevance and interest not only to students and researchers in economic history, but also for all those working on development economics, development studies and American and Caribbean Studies more generally.
Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 75 pages
File Size : 10,20 MB
Release : 2007-11-15
Category : Business & Economics
ISBN : 158906674X
Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries. Policymakers will need to deal up front with the financial market turmoil, while implementing fiscal consolidation and structural reforms, including in the financial sector, to address vulnerabilities, raise medium-term growth prospects, and deliver on the promise of convergence for emerging Europe. Three analytical chapters discuss reforms to strengthen Europe's financial systems to allow advanced economies to benefit from innovation without incurring excessive risk and, in emerging economies, to manage rapid financial deepening and develop financial systems further.
Author : Mr.Andreas A. Jobst
Publisher : International Monetary Fund
Page : 84 pages
File Size : 21,10 MB
Release : 2014-07-22
Category : Business & Economics
ISBN : 148434636X
Over the last decade, stress testing has become a central aspect of the Fund’s bilateral and multilateral surveillance work. Recently, more emphasis has also been placed on the role of insurance for financial stability analysis. This paper reviews the current state of system-wide solvency stress tests for insurance based on a comparative review of national practices and the experiences from Fund’s FSAP program with the aim of providing practical guidelines for the coherent and consistent implementation of such exercises. The paper also offers recommendations on improving the current insurance stress testing approaches and presentation of results.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 118 pages
File Size : 38,81 MB
Release : 2008-04-25
Category : Business & Economics
ISBN : 1451825153
Moldova showed improved growth prospects and decline in poverty despite a series of consecutive shocks under the economic program. Executive Directors commended the balanced macroeconomic policies and urged to maintain macroeconomic stability. They also appreciated the strong monetary policy by National Bank of Moldova (NBM), disciplined fiscal policies, financial sector stability and consolidation of education and health care networks, and stressed the need to strengthen tax administration while maintaining the deficit target. The need for modernization of energy sector and effective implementation of Anti Money Laundering and Combating the Financing of Terrorism (AML/CLT) law were also found to be essential.
Author : Michael Herb
Publisher : Cornell University Press
Page : 333 pages
File Size : 23,55 MB
Release : 2014-12-18
Category : Political Science
ISBN : 0801454689
The contrast between Kuwait and the UAE today illustrates the vastly different possible futures facing the smaller states of the Gulf. Dubai's rulers dream of creating a truly global business center, a megalopolis of many millions attracting immigrants in great waves from near and far. Kuwait, meanwhile, has the most spirited and influential parliament in any of the oil-rich Gulf monarchies. In The Wages of Oil, Michael Herb provides a robust framework for thinking about the future of the Gulf monarchies. The Gulf has seen enormous changes in recent years, and more are to come. Herb explains the nature of the changes we are likely to see in the future. He starts by asking why Kuwait is far ahead of all other Gulf monarchies in terms of political liberalization, but behind all of them in its efforts to diversify its economy away from oil. He compares Kuwait with the United Arab Emirates, which lacks Kuwait’s parliament but has moved ambitiously to diversify. This data-rich book reflects the importance of both politics and economic development issues for decision-makers in the Gulf. Herb develops a political economy of the Gulf that ties together a variety of issues usually treated separately: Kuwait's National Assembly, Dubai's real estate boom, the paucity of citizen labor in the private sector, class divisions among citizens, the caste divide between citizens and noncitizens, and the politics of land.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 93 pages
File Size : 40,14 MB
Release : 2009-02-06
Category : Business & Economics
ISBN : 145182002X
Italy’s 2008 Article IV Consultation describes the country's economic developments and policies. Output has been projected to contract by about 1⁄2 percent in 2008 and 1 percent in 2009, with risks tilted to the downside, linked to a further slowing of global growth and falling consumer confidence. The economy’s ability to rebound quickly is hampered by rigidities in the product and labor markets, a lack of domestic competition, a likely slower pace of industrial restructuring, and weakness of the public finances.
Author : Susan Rose-Ackerman
Publisher : Cambridge University Press
Page : pages
File Size : 25,78 MB
Release : 2016-03-07
Category : Political Science
ISBN : 1316654109
The second edition of Corruption and Government updates Susan Rose-Ackerman's 1999 book to address emerging issues and to rethink old questions in light of new data. The book analyzes the research explosion that accompanied the fall of the Berlin Wall, the founding of Transparency International, and the World Bank's decision to give anti-corruption policy a key place on its agenda. Time has vindicated Rose-Ackerman's emphasis on institutional reform as the necessary condition for serious progress. The book deals with routine payoffs and with corruption in contracting and privatization. It gives special attention to political corruption and to instruments of accountability. The authors have expanded the treatment of culture as a source of entrenched corruption and added chapters on criminal law, organized crime, and post-conflict societies. The book outlines domestic conditions for reform and discusses international initiatives - including both explicit anti-corruption policies and efforts to constrain money laundering.
Author : Ms.Elva Bova
Publisher : International Monetary Fund
Page : 33 pages
File Size : 12,42 MB
Release : 2016-04-12
Category : Business & Economics
ISBN : 148433695X
This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 using three complementary methodologies and analyze the short-run determinants of these shifts by means of limited-dependent variable models. We find that labor force growth as well as employment protection legislation reduce the likelihood of an outward shift in the Beveridge curve,. Our findings also show that the matching process is more difficult the higher the share of employees with intermediate levels of education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market matching include active labor market policies, such as incentives for start-up and job sharing programs. Passive labor market policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult.
Author : Ian Shapiro
Publisher : University of Virginia Press
Page : 385 pages
File Size : 23,31 MB
Release : 2011-06-21
Category : History
ISBN : 0813931010
Democracy came to South Africa in April 1994, when the African National Congress won a landslide victory in the first free national election in the country’s history. That definitive and peaceful transition from apartheid is often cited as a model for others to follow. The new order has since survived several transitions of ANC leadership, and it averted a potentially destabilizing constitutional crisis in 2008. Yet enormous challenges remain. Poverty and inequality are among the highest in the world. Staggering unemployment has fueled xenophobia, resulting in deadly aggression directed at refugees and migrant workers from Zimbabwe and Mozambique. Violent crime rates, particularly murder and rape, remain grotesquely high. The HIV/AIDS pandemic was shockingly mishandled at the highest levels of government, and infection rates continue to be overwhelming. Despite the country’s uplifting success of hosting Africa’s first World Cup in 2010, inefficiency and corruption remain rife, infrastructure and basic services are often semifunctional, and political opposition and a free media are under pressure. In this volume, major scholars chronicle South Africa’s achievements and challenges since the transition. The contributions, all previously unpublished, represent the state of the art in the study of South African politics, economics, law, and social policy.
