Network Externalities and Dollarization Hysteresis

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451851936
Total Pages : 37 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Network Externalities and Dollarization Hysteresis by : Nienke Oomes

Download or read book Network Externalities and Dollarization Hysteresis written by Nienke Oomes and published by International Monetary Fund. This book was released on 2003-05-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dollarization in Russia increased rapidly during the early 1990s, but failed to come down in the second half of the 1990s in spite of exchange rate stabilization. To explain this "dollarization hysteresis," this paper develops a model in which network externalities in the demand for currency can generate multiple stable steady states for the dollarization ratio. The model is estimated using a new source of data on dollar currency holdings in Russia. On the basis of these estimates, which confirm the existence of network externalities, the paper discusses several policies that could result in a permanent decrease in dollarization.

Journal of International Money and Finance

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Author :
Publisher :
ISBN 13 :
Total Pages : 1182 pages
Book Rating : 4.5/5 (66 download)

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Book Synopsis Journal of International Money and Finance by :

Download or read book Journal of International Money and Finance written by and published by . This book was released on 2003 with total page 1182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earlier place of publication varies.

Essays on Network Externalities and Aggregate Persistence

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Author :
Publisher :
ISBN 13 :
Total Pages : 214 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Essays on Network Externalities and Aggregate Persistence by : Nienke A. Oomes

Download or read book Essays on Network Externalities and Aggregate Persistence written by Nienke A. Oomes and published by . This book was released on 2001 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Fed in Print

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Author :
Publisher :
ISBN 13 :
Total Pages : 286 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis The Fed in Print by :

Download or read book The Fed in Print written by and published by . This book was released on 1997 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on International Money

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Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Essays on International Money by : Prakash Kannan

Download or read book Essays on International Money written by Prakash Kannan and published by . This book was released on 2006 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Contents of Recent Economics Journals

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Publisher :
ISBN 13 :
Total Pages : 366 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Contents of Recent Economics Journals by :

Download or read book Contents of Recent Economics Journals written by and published by . This book was released on 1998-06-19 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Economic Prospects, June 2021

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464816662
Total Pages : 339 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, June 2021 by : World Bank

Download or read book Global Economic Prospects, June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Dollarization in Latin America

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Publisher : International Monetary Fund
ISBN 13 : 1451941358
Total Pages : 32 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Dollarization in Latin America by : Mr.Pablo Emilio Guidotti

Download or read book Dollarization in Latin America written by Mr.Pablo Emilio Guidotti and published by International Monetary Fund. This book was released on 1991-11-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Dealing with Multiple Currencies in Transitional Economies

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Publisher :
ISBN 13 : 9789715618700
Total Pages : 0 pages
Book Rating : 4.6/5 (187 download)

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Book Synopsis Dealing with Multiple Currencies in Transitional Economies by : Giovanni Capannelli

Download or read book Dealing with Multiple Currencies in Transitional Economies written by Giovanni Capannelli and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the transitional economies of Cambodia, the Lao People's Democratic Republic, and Viet Nam (the CLV countries), foreign currencies such as the US dollar commonly circulate in addtion to the local currency. National authorities must consider the costs and benefits of such a system, especially in relation to monetary and exchange policies' effect on their development priorities. "This pioneering study is an important contribution to understanding the underpinnings of the Mekong economies' dynamism...Highly recommended." -- Hal Hill, H.W. Arndt Professor of Southeast Asian Economies, Austratlian National University While dealing with multiple currencies is ultimately an issue of national economic policy, the CLV countries could benefit from greater regional cooperation on monetary and financial issues. They would be able to exploit economies of scale, introduce best practices, and facilitate the adoption of common regulatory standards. Greater regional dialogue on monetary policy could also help the CLV countries find a solution to the so-called multiple-currency phenomenon and reap more benefits from their increasing regional economic interdependence. This study, conducted by a team of economists from the Asian Development Bank, academics, and personnel from CLV finance ministries and central banks, explores the issues of multiple currencies and regional monetary cooperation among the economies of the Association of Southeast Asian Nations (ASEAN) in the context of increasing regional economic interdependence. It reviews the main issues related to the monetary and exchange rate policy decisions taken by CLV national authorities, and discusses the options and opportunities available for enhancing monetary and financial stability in the ASEAN region.

Global Economic Prospects, June 2019

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Publisher : World Bank Publications
ISBN 13 : 146481399X
Total Pages : 326 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, June 2019 by : World Bank Group

Download or read book Global Economic Prospects, June 2019 written by World Bank Group and published by World Bank Publications. This book was released on 2019-07-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth appears to be stabilizing after a period of marked weakness, but it remains fragile. A modest recovery in emerging market and developing economies continues to be constrained by subdued investment, which is dampening prospects and impeding progress toward achieving critical development goals. Downside risks to the outlook remain elevated, and policymakers continue to face major challenges to boost resilience and foster long-term growth. this issue includes essays on the benefits and risks of government borrowing, recent investment weakness in emerging market and developing economies, the pass-through of currency depreciations to inflation, and the evolution of growth in low-income countries.

Currency Substitution in Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Currency Substitution in Developing Countries by : Guillermo A. Calvo

Download or read book Currency Substitution in Developing Countries written by Guillermo A. Calvo and published by . This book was released on 1992 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Fund’s Lending Framework and Sovereign Debt - Annexes

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Publisher : International Monetary Fund
ISBN 13 : 1498343333
Total Pages : 112 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis The Fund’s Lending Framework and Sovereign Debt - Annexes by : International Monetary Fund

Download or read book The Fund’s Lending Framework and Sovereign Debt - Annexes written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-05-23 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Aid for Trade at a Glance 2019 Economic Diversification and Empowerment

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264429514
Total Pages : 532 pages
Book Rating : 4.2/5 (644 download)

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Book Synopsis Aid for Trade at a Glance 2019 Economic Diversification and Empowerment by : OECD

Download or read book Aid for Trade at a Glance 2019 Economic Diversification and Empowerment written by OECD and published by OECD Publishing. This book was released on 2019-07-11 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.

Macroeconomics

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Publisher :
ISBN 13 : 9781292360911
Total Pages : 0 pages
Book Rating : 4.3/5 (69 download)

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Book Synopsis Macroeconomics by : Olivier Blanchard

Download or read book Macroeconomics written by Olivier Blanchard and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.

Political Crises, Social Conflict and Economic Development

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781845425715
Total Pages : 368 pages
Book Rating : 4.4/5 (257 download)

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Book Synopsis Political Crises, Social Conflict and Economic Development by : Andrés Solimano

Download or read book Political Crises, Social Conflict and Economic Development written by Andrés Solimano and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political Crises, Social Conflict and Economic Development is a rare attempt to undertake comparative political economy analysis of the Andean region and thus represents a welcome contribution. . . It is clearly written and will engage scholars interested in Latin America from a wide range of disciplines. Jonathan di John, Journal of Agrarian Change This collection of essays on the political economy of the Andean region goes to the heart of the struggle these smaller economies face in completing crucial reforms and achieving higher growth. Andrés Solimano has brought together the best and the brightest talent from each country, the result being the most compelling analysis ever of how enclave development and a historical dependence on primary exports renders these countries distinctly Andean. As the essays argue, the political solutions and economic remedies must address this phenomenon, rather than mimicking those strategies of the larger emerging market countries in the region. Carol Wise, University of Southern California, US The contributors to this authoritative volume analyze the impact of political crises and social conflict on economic performance in the Andean region of Latin America. The blend of theory and case studies is also relevant for understanding other complex societies in the developing world and transition economies. The book provides illuminating insights on how to understand, and survive, the complicated interactions between volatile politics, unstable democracies, violence, social inequality and uneven economic performance. Recent political economy theories are combined with valuable quantitative and qualitative information on presidential crises, breakdowns of democracy, constitutional reforms, quality of institutions, and social inequality and exclusion to understand actual country realities. Part I provides the conceptual framework and a regional perspective of the book. Part II contains five political economy country studies Bolivia, Colombia, Ecuador, Peru and Venezuela written by leading scholars in the field and former senior policymakers, including a former President. Together, the chapters highlight the detrimental effects of political instability and social conflict on economic growth and stability, as well as the feedback effects from poor economic performance on political instability and institutional fragility. The country studies warn that narrow economic reforms that do not pay adequate attention to politics, institutions and social structures are bound to fail in bringing lasting prosperity and stability to complex societies. Examining new and rich information on episodes of political turmoil, military interventions, forced presidential resignations, constitutional reforms and social uprisings, this book will be required reading for all those interested in the interface of politics and economic development.

One Economics, Many Recipes

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Publisher : Princeton University Press
ISBN 13 : 1400829356
Total Pages : 278 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis One Economics, Many Recipes by : Dani Rodrik

Download or read book One Economics, Many Recipes written by Dani Rodrik and published by Princeton University Press. This book was released on 2008-12-29 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In One Economics, Many Recipes, leading economist Dani Rodrik argues that neither globalizers nor antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty, success usually requires following policies that are tailored to local economic and political realities rather than obeying the dictates of the international globalization establishment. A definitive statement of Rodrik's original and influential perspective on economic growth and globalization, One Economics, Many Recipes shows how successful countries craft their own unique strategies--and what other countries can learn from them. To most proglobalizers, globalization is a source of economic salvation for developing nations, and to fully benefit from it nations must follow a universal set of rules designed by organizations such as the World Bank, the International Monetary Fund, and the World Trade Organization and enforced by international investors and capital markets. But to most antiglobalizers, such global rules spell nothing but trouble, and the more poor nations shield themselves from them, the better off they are. Rodrik rejects the simplifications of both sides, showing that poor countries get rich not by copying what Washington technocrats preach or what others have done, but by overcoming their own highly specific constraints. And, far from conflicting with economic science, this is exactly what good economics teaches.

Central Banking in Developing Countries

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Author :
Publisher : Springer
ISBN 13 : 0230371507
Total Pages : 304 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Central Banking in Developing Countries by : A. Chandavarkar

Download or read book Central Banking in Developing Countries written by A. Chandavarkar and published by Springer. This book was released on 1996-10-31 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive state-of-the-art survey which analyzes institutions, policies and issues of central banking in developing countries including interest-free Islamic and transition economies. It discusses objectives and functions; monetary, exchange, supervisory and developmental roles; financial liberalization; informal finance; causes and implications of central bank losses. It critically evaluates currency boards, central bank independence, ceilings on government credit and suggests radical organizational reforms, divestiture of quasi-fiscal activities and partial privatization of central banks.