2017 External Sector Report Individual Economy Assessments

Download 2017 External Sector Report Individual Economy Assessments PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 149834660X
Total Pages : 69 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis 2017 External Sector Report Individual Economy Assessments by : International Working Group on External Debt Statistics

Download or read book 2017 External Sector Report Individual Economy Assessments written by International Working Group on External Debt Statistics and published by International Monetary Fund. This book was released on 2017-07-28 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external sector assessments use a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates (see IMF Working Paper WP/13/272 for a complete description of the EBA methodology and Annex I of the 2015 External Sector Report for a discussion of more recent refinements). In all cases, the overall assessment is based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis. Since estimates are subject to uncertainty, overall assessments are presented in ranges. The external sector assessments are based on data and IMF staff projections as of June 15th, 2017. The external assessments discuss a broad range of external indicators: the current account, the real effective exchange rate, capital and financial accounts flows and measures, FX intervention and reserves and the foreign asset or liability position.[1] The individual economy assessments are discussed with the respective authorities as a part of bilateral surveillance.

2017 External Sector Report

Download 2017 External Sector Report PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498346596
Total Pages : 56 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis 2017 External Sector Report by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book 2017 External Sector Report written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2017-07-28 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global current account imbalances were broadly unchanged in 2016, with minor shifts adding to the reconfiguration under way since 2013. The fall in commodity prices, uneven cyclical recoveries in systemic economies, and differences in policy responses contributed to the rotation of imbalances. Current account surpluses of oil-exporting economies, as a group, shifted from large surpluses to small deficits, while deficits in emerging and developing economies narrowed markedly. At the same time, surpluses and deficits in key advanced economies widened. These trends were generally supported by real exchange rate movements. Overall excess current account imbalances (i.e., deficits or surpluses that deviate from desirable levels) represented about one-third of total global imbalances in 2016, remaining broadly unchanged since 2013, although increasingly concentrated in advanced economies. In particular, excess imbalances narrowed in emerging and developing economies, led by a smaller excess surplus in China and smaller excess deficits in others (Brazil, Indonesia, South Africa, Turkey). This narrowing, however, was accompanied by a widening of excess imbalances in some advanced economies. The persistence of large excess surpluses in several advanced economies (e.g. Germany, Korea, the Netherlands, Singapore, Sweden) remains a distinguishing feature of the constellation of imbalances, an issue that is explored in greater detail in this year’s report. Persistent global excess imbalances suggest that automatic adjustment mechanisms are weak. While the rotation of excess imbalances toward advanced economies—with deficits increasingly concentrated in the United States and United Kingdom—likely entails lower deficit-financing risks in the near term, the increased concentration of deficits in a few economies carries greater risks of disruptive trade policy actions. Diverging stock positions coupled with continued overreliance on demand from debtor countries could also pose risks to global growth and raise the likelihood of disruptive adjustments down the road. With nearly-closed output gaps in most systemic economies, addressing external imbalances in a growth-friendly fashion requires a recalibration of the policy mix in deficit and surplus economies alike. Excess deficit countries should move forward with fiscal consolidation, while gradually normalizing monetary policy in tandem with inflation developments. Excess surplus economies with fiscal space should reduce their reliance on easy monetary policy and allow for greater fiscal stimulus. Where monetary policy is constrained from playing a role, as in individual euro area members, fiscal and structural policies to facilitate relative price adjustments should take priority. Meanwhile, structural policies in excess surplus countries should focus on lifting distortions that constrain domestic demand or limit trade competition; while in excess deficit economies, policies should be directed to improving external competitiveness and overall saving. Protectionist and mercantilist policies should be avoided as they are detrimental to global growth.

2016 External Sector Report - Individual Economy Assessments

Download 2016 External Sector Report - Individual Economy Assessments PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498345522
Total Pages : 64 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis 2016 External Sector Report - Individual Economy Assessments by : International Monetary Fund. Asia and Pacific Dept

Download or read book 2016 External Sector Report - Individual Economy Assessments written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-01-07 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external sector assessments use a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates (see Annex I of the 2015 External Sector Report, also IMF Working Paper WP/13/272 for a complete description of the EBA methodology). In all cases, the overall assessment is based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis and the estimates are subject to uncertainty. The assessments discuss a broad range of external indicators: the current account, the real effective exchange rate, capital and financial accounts flows and measures, FX intervention and reserves and the foreign asset or liability position. The individual economy assessments are discussed with the respective authorities as a part of bilateral surveillance.

2015 External Sector Report - Individual Economy Assessments

Download 2015 External Sector Report - Individual Economy Assessments PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344356
Total Pages : 64 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis 2015 External Sector Report - Individual Economy Assessments by : International Monetary Fund

Download or read book 2015 External Sector Report - Individual Economy Assessments written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-06-29 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external sector assessments use a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates (see Annex I of the 2015 External Sector Report, also IMF Working Paper WP/13/272 for a complete description of the EBA methodology). In all cases, the overall assessment is based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis and the estimates are subject to uncertainty. The assessments discuss a broad range of external indicators: the current account, the real effective exchange rate, capital and financial accounts flows and measures, FX intervention and reserves and the foreign asset or liability position. The individual economy assessments are discussed with the respective authorities as a part of bilateral surveillance.

2013 Pilot External Sector Report - Individual Economy Assessments

Download 2013 Pilot External Sector Report - Individual Economy Assessments PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498341640
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis 2013 Pilot External Sector Report - Individual Economy Assessments by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book 2013 Pilot External Sector Report - Individual Economy Assessments written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2013-06-20 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external sector assessments use a wide range of methods, including the External Balance Assessment developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates (Boxes 6, 7 and Annex III of the Pilot Report describe the methodology and challenges). In all cases, the overall assessment is based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis and the estimates are subject to uncertainty. The assessments were initially based on the Spring 2013 WEO and an exchange rate reference period of the average of 2012. Potential policy responses are those which would work to reduce imbalances.

External Sector Report, July 2018

Download External Sector Report, July 2018 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484367367
Total Pages : 147 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis External Sector Report, July 2018 by : International Monetary Fund

Download or read book External Sector Report, July 2018 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2018-07-23 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: The External Sector Report presents a methodologically consistent assessment of the exchange rates, current accounts, reserves, capital flows, and external balance sheets of the world’s largest economies. The 2018 edition includes an analytical assessment of how trade costs and related policy barriers drive excess global imbalances.

2014 Pilot External Sector Report - Individual Economy Assessments

Download 2014 Pilot External Sector Report - Individual Economy Assessments PDF Online Free

Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781498343176
Total Pages : 63 pages
Book Rating : 4.3/5 (431 download)

DOWNLOAD NOW!


Book Synopsis 2014 Pilot External Sector Report - Individual Economy Assessments by : International Monetary Fund

Download or read book 2014 Pilot External Sector Report - Individual Economy Assessments written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2014-06-26 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: The external sector assessments use a range of methods and metrics, including the External Balance Assessment approach developed by the IMF’s Research Department to estimate desirable levels of current account balances and real exchange rates (Box 3 of the 2014 Pilot External Sector Report discusses the use of this methodology). The overall assessments of external positions are based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis, including assessment of international reserves holdings, while taking account of relevant uncertainties. The assessments, which are multilaterally consistent, highlight the role of policies in shaping external positions.

Pilot External Sector Report

Download Pilot External Sector Report PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498340288
Total Pages : 45 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Pilot External Sector Report by : International Monetary Fund

Download or read book Pilot External Sector Report written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-02-07 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Pilot External Sector Report (ESR) provides a multilaterally consistent analysis of the external positions of major world economies. Following the recommendations of the 2011 Triennial Surveillance Review and the Managing Director’s Statement on Strengthening Surveillance, the focus of the analysis has been broadened beyond exchange rates to detailed examinations of current accounts, reserves, capital flows, and external balance sheets. It draws upon the Research Department’s past and new methods for assessing current accounts and real exchange rates (see Appendix I), and on previous IMF analytical work on exchange rates, capital flows and measures, and reserves adequacy.

The External Balance Assessment (EBA) Methodology

Download The External Balance Assessment (EBA) Methodology PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484346785
Total Pages : 68 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis The External Balance Assessment (EBA) Methodology by : Mr.Steven Phillips

Download or read book The External Balance Assessment (EBA) Methodology written by Mr.Steven Phillips and published by International Monetary Fund. This book was released on 2014-01-13 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally consistent manner. Compared to other approaches, EBA emphasizes distinguishing between the positive empirical analysis and the normative assessment of current accounts and exchange rates, and highlights the roles of policies and policy distortions. This paper provides a comprehensive description and discussion of the 2013 version (“2.0”) of the EBA methodology, including areas for its further development.

External Sector Report 2021

Download External Sector Report 2021 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513576674
Total Pages : 110 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis External Sector Report 2021 by : INTERNATIONAL MONETARY FUND.

Download or read book External Sector Report 2021 written by INTERNATIONAL MONETARY FUND. and published by International Monetary Fund. This book was released on 2021-08-02 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Produced since 2012, the IMF’s annual External Sector Report analyzes global external developments and provides multilaterally consistent assessments of external positions, including current accounts, real exchange rates, external balance sheets, capital flows, and international reserves, of the world’s largest economies, representing over 90 percent of global GDP. Chapter 1 discusses the evolution of global external positions in 2020, external developments throughout the COVID-19 crisis, and policy priorities for reducing excess imbalances over the medium term. Chapter 2 analyzes how the unprecedented fiscal support provided in response to the COVID-19 crisis has affected external positions at the individual and global level. It also focuses on how withdrawal of such support will impact external positions in the medium term. Chapter 3, “Individual Economy Assessments,” provides details on the different aspects of the overall external assessment and associated policy recommendations for 30 economies. This year’s report and associated external assessments are based on the latest vintage of the External Balance Assessment (EBA) methodology and on data and IMF staff projections as of June 30, 2021.

External Sector Report, 2020

Download External Sector Report, 2020 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513549014
Total Pages : 114 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis External Sector Report, 2020 by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book External Sector Report, 2020 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2020-08-04 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Produced since 2012, the IMF’s annual External Sector Report analyzes global external developments and provides multilaterally consistent assessments of external positions, including current accounts, real exchange rates, external balance sheets, capital flows, and international reserves, of the world’s largest economies, representing over 90 percent of global GDP. Chapter 1 discusses the evolution of global external positions in 2019, external developments during the COVID-19 crisis, and policy priorities for responding to the crisis and for reducing excess imbalances over the medium term. Chapter 2 analyzes the relationship between the structure of external assets and liabilities—the components of the international investment position—and the risk of external stress events. It also assesses how heightened global risk aversion, as during the COVID-19 crisis, amplifies these risks. Chapter 3, “Individual Economy Assessments,” provides details on the different aspects of the overall external assessment and associated policy recommendations for 30 economies. This year’s report and associated external assessments are based on the latest vintage of the External Balance Assessment (EBA) methodology and on data and IMF staff projections as of July 15, 2020.

External Sector Report, July 2019

Download External Sector Report, July 2019 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498318975
Total Pages : 116 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis External Sector Report, July 2019 by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book External Sector Report, July 2019 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2019-07-17 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF’s 2019 External Sector Report shows that global current account balances stand at about 3 percent of global GDP. Of this, about 35–45 percent are now deemed excessive. Meanwhile, net credit and debtor positions are at historical peaks and about four times larger than in the early 1990s. Short-term financing risks from the current configuration of external imbalances are generally contained, as debtor positions are concentrated in reserve-currency-issuing advanced economies. An intensification of trade tensions or a disorderly Brexit outcome—with further repercussions for global growth and risk aversion—could, however, affect other economies that are highly dependent on foreign demand and external financing. With output near potential in most systemic economies, a well-calibrated macroeconomic and structural policy mix is necessary to support rebalancing. Recent trade policy actions are weighing on global trade flows, investment, and growth, including through confidence effects and the disruption of global supply chains, with no discernible impact on external imbalances thus far.

International Monetary Fund Annual Report 2017

Download International Monetary Fund Annual Report 2017 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484306147
Total Pages : 114 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis International Monetary Fund Annual Report 2017 by : International Monetary Fund

Download or read book International Monetary Fund Annual Report 2017 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2017-10-05 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges - slower trade, declining productivity, gender inequality, inclusive growth, and debt management - is a central focus of this 2017 Annual Report.

International Monetary Fund Annual Report 2019 Financial Statements

Download International Monetary Fund Annual Report 2019 Financial Statements PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513511726
Total Pages : 122 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis International Monetary Fund Annual Report 2019 Financial Statements by : International Monetary Fund

Download or read book International Monetary Fund Annual Report 2019 Financial Statements written by International Monetary Fund and published by International Monetary Fund. This book was released on 2019-10-04 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018

China’s Evolving Exchange Rate Regime

Download China’s Evolving Exchange Rate Regime PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498302025
Total Pages : 31 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis China’s Evolving Exchange Rate Regime by : Mr.Sonali Das

Download or read book China’s Evolving Exchange Rate Regime written by Mr.Sonali Das and published by International Monetary Fund. This book was released on 2019-03-07 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over time but is still carefully managed, and depth and liquidity in the onshore FX market is relatively low compared to other countries with de jure floating currencies. Allowing a greater role for market forces within the existing regime, and greater two-way flexibility of the exchange rate, are important steps to build on the progress already made. This should be complemented by further steps to develop the FX market, improve FX risk management, and modernize the monetary policy framework.

The Global Findex Database 2017

Download The Global Findex Database 2017 PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 1464812683
Total Pages : 148 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!


Book Synopsis The Global Findex Database 2017 by : Asli Demirguc-Kunt

Download or read book The Global Findex Database 2017 written by Asli Demirguc-Kunt and published by World Bank Publications. This book was released on 2018-04-19 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Model Rules of Professional Conduct

Download Model Rules of Professional Conduct PDF Online Free

Author :
Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.3/5 (187 download)

DOWNLOAD NOW!


Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.