Geopolitical Risk Sustainability And Cross Border Spillovers In Emerging Markets Volume I

Download Geopolitical Risk Sustainability And Cross Border Spillovers In Emerging Markets Volume I full books in PDF, epub, and Kindle. Read online Geopolitical Risk Sustainability And Cross Border Spillovers In Emerging Markets Volume I ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Geopolitical Risk, Sustainability and "Cross-Border Spillovers" in Emerging Markets, Volume II

Author : Michael I. C. Nwogugu
Publisher :
ISBN 13 : 9783030714208
Total Pages : 0 pages
Book Rating : 4.7/5 (142 download)

DOWNLOAD NOW!

Book Synopsis Geopolitical Risk, Sustainability and "Cross-Border Spillovers" in Emerging Markets, Volume II by : Michael I. C. Nwogugu

Download or read book Geopolitical Risk, Sustainability and "Cross-Border Spillovers" in Emerging Markets, Volume II written by Michael I. C. Nwogugu and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many emerging market countries are increasingly affected by their "informal economies", geopolitical risks, U.S. dollar dynamics, legal/regulatory institutions, preferential trade agreements (PTAs), social networks, international labor dynamics, cross-border spillovers (from developed countries to emerging markets; including Regulatory Spillovers), constitutional political economy crises (such as those that occurred in Europe, Asia, Africa and the U.S. during 2007-2020, including the COVID-19 pandemic) and inefficient microfinance. Due to these phenomena, enforcement commitment, compliance costs, sustainable growth, quality-of-life, political stability, financial stability, household economics, inequality and international trade outcomes can vary drastically across emerging markets countries. The COVID-19 pandemic has exposed many problems inherent in political systems, economic policy, Sustainability Policy, Social Welfare systems and governments' emergency powers during pandemics/epidemics and economic/financial crisis. These foregoing issues are the geopolitical risk context of this second volume. This book also introduces complex systems theories of the "Beliefs" of government and corporate actors. Thus, this book can help researchers to develop better Artificial Intelligence, Complex Systems and decision-theory models of geopolitical risk, public policy, asset-pricing, corporate strategy, labor markets and international capital flows, all of which can be critical decision factors for investment managers, corporate executives and government officials. Michael I. C. Nwogugu is an author, serial entrepreneur and consultant who has held senior management, Board of Director and Advisory Board Member positions in companies in the U.S., Barbados, France, India and Nigeria. Mr. Nwogugu has written eight books: Risk In the Global Real Estate Market (2012); Illegal File-sharing Networks, Digital Goods Pricing And Decision Analysis (2016); Anomalies In Net Present Value, Returns And Polynomials; And Regret Theory In Decision-Making (2017); Indices, Index Funds And ETFs - Exploring HCI, Nonlinear Risk And Homomorphisms (2019); Complex Systems, Multi-Sided Incentives And Risk Perception In Organizations (2019); Earnings Management, Fintech-Driven Incentives and Sustainable Growth: On Complex Systems, Legal and Mechanism Design Factors (2020) and Complex Systems and Sustainability in the Global Auditing, Consulting, and Credit Rating Agency Industries (2021). Mr. Nwogugu's research articles have been cited in more than 20 top science journals. Mr. Nwogugu earned degrees from the University of Nigeria (Nigeria); City College of New York (USA); and Columbia University's Graduate Business School (USA). .

Geopolitical Risk, Sustainability and “Cross-Border Spillovers” in Emerging Markets, Volume II

Author : Michael I. C. Nwogugu
Publisher : Springer Nature
ISBN 13 : 3030714195
Total Pages : 594 pages
Book Rating : 4.0/5 (37 download)

DOWNLOAD NOW!

Book Synopsis Geopolitical Risk, Sustainability and “Cross-Border Spillovers” in Emerging Markets, Volume II by : Michael I. C. Nwogugu

Download or read book Geopolitical Risk, Sustainability and “Cross-Border Spillovers” in Emerging Markets, Volume II written by Michael I. C. Nwogugu and published by Springer Nature. This book was released on 2022-01-01 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many emerging market countries are bank-based economies and are increasingly affected by geopolitical risks, U.S. dollar dynamics, regulations, preferential trade agreements (PTAs), MNCs (that often function like international organizations), social networks, labor dynamics, cross-border spillovers and the inefficient expansion of formal/informal microfinance. Country risks, informal economies (that account for 20-50 percent of the national economy of many emerging market countries), investor protection, enforcement commitment, compliance costs, sustainability (environmental, social, economic and political sustainability), economic growth, political stability, financial stability, geopolitical risk, social networks, household economics, inequality and international trade outcomes can vary dramatically across many DECs and LDECs due to these phenomena. The COVID-19 pandemic has illustrated the many problems inherent in political systems, economic policy and governments’ emergency powers during pandemics/epidemics and economic/financial crisis. This second volume focuses on geopolitical risks that are intertwined with constitutional political economy and labor issues, alongside addressing some of the financial and constitutional crises that occurred in Europe, Asia and the U.S. during 2007-2020. This book provides analysis of complex systems and the preferences and reasoning of state/government and corporate actors in order to develop better artificial intelligence and decision-system models of geopolitical risk, public policy and international capital flows, all of which are increasingly important decision factors for investment managers, boards-of-directors and government officials.

Geopolitical Risk, Sustainability and “Cross-Border Spillovers” in Emerging Markets, Volume I

Author : Michael I. C. Nwogugu
Publisher : Springer Nature
ISBN 13 : 3030714152
Total Pages : 401 pages
Book Rating : 4.0/5 (37 download)

DOWNLOAD NOW!

Book Synopsis Geopolitical Risk, Sustainability and “Cross-Border Spillovers” in Emerging Markets, Volume I by : Michael I. C. Nwogugu

Download or read book Geopolitical Risk, Sustainability and “Cross-Border Spillovers” in Emerging Markets, Volume I written by Michael I. C. Nwogugu and published by Springer Nature. This book was released on 2021-08-30 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic recessions, social networks, environmental damage in several large countries (eg. China, Brazil, U.S.), the Global Financial Crisis of 2007-2015 and cross-border spillovers continue to significantly affect economic systems, financial markets, social structures and environmental compliance worldwide. These have rekindled economists’ and policy-makers’ interest in the relationships among constitutions, risk regulation, foreign aid, political systems, government size, credit expansion and sustainable growth. Risk regulation remains highly ineffective as manifested by the failures of new financial regulations and government stimulus programs that were implemented during 2007-2020 in many developed countries and emerging markets countries. This book, the first of two volumes, addresses these issues in the context of the role of constitutional economics and economic psychology as tools for national and global sustainable growth and risk management. Furthermore, this volume analyzes the often symbiotic relationship between alternative sets of legal-institutional-constitutional rules that constrain the choices and activities of economic and political agents on one hand, and sustainable growth, financial regulation and the risk management of financial institutions on the other; and reviews the effects of constitutions and legal institutions on market dynamics (real estate; fixed-income, stocks; etc.) including volatility, market depth and liquidity. This book will help researchers develop better artificial intelligence and decision-systems models of geopolitical risk, public policy and international capital flows, all of which are increasingly relevant to investment managers, boards-of-directors and government officials.

Geopolitical Risk, Sustainability and "Cross-Border Spillovers" in Emerging Markets, Volume I

Author : Michael I. C. Nwogugu
Publisher :
ISBN 13 : 9783030714161
Total Pages : 0 pages
Book Rating : 4.7/5 (141 download)

DOWNLOAD NOW!

Book Synopsis Geopolitical Risk, Sustainability and "Cross-Border Spillovers" in Emerging Markets, Volume I by : Michael I. C. Nwogugu

Download or read book Geopolitical Risk, Sustainability and "Cross-Border Spillovers" in Emerging Markets, Volume I written by Michael I. C. Nwogugu and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic recessions, environmental damage in several large countries (eg. China, Brazil, U.S., etc.), the Global Financial Crisis of 2007-2015, the COVID-19 Pandemic, cross-border spillovers and the failures of risk-regulation/government-stimulus programs (enacted during 2007-2020) have significantly affected economic systems, financial markets, social networks and environmental compliance worldwide, especially in emerging markets. The foregoing raises significant economic psychology and policy-making questions about the causes and measurement of cross-border spillovers (from developed countries to emerging markets), and evolving relationships among cross-border spillovers, legal/regulatory institutions, foreign aid, political systems, government size, social-welfare, fintech-platforms, asset-market dynamics (volatility, market-depth, liquidity, pension/retirement, remittances, business/consumer confidence; etc.) and sustainable growth. This book is the first of two volumes, re-defines geopolitical risk and addresses these issues in the context of the role of constitutional economics and economic psychology (especially households and companies) as tools for global sustainable growth and risk management. This book can help researchers develop better Artificial Intelligence, Complex Systems and decision-theory models of geopolitical risk, public policy, asset-pricing, global corporate strategy and international capital flows, all of which are increasingly relevant to investment managers, corporate executives, boards-of-directors and government officials. Michael I. C. Nwogugu is an author, serial entrepreneur and consultant who has held senior management, Board of Director and Advisory Board Member positions in companies in the U.S., Europe, Asia and Africa. Mr. Nwogugu wrote the following books: Risk In the Global Real Estate Market (2012); Illegal File-sharing Networks, Digital Goods Pricing And Decision Analysis (2016); Anomalies In Net Present Value, Returns And Polynomials; And Regret Theory In Decision-Making (2017); Indices, Index Funds And ETFs - Exploring HCI, Nonlinear Risk And Homomorphisms (2019); Complex Systems, Multi-Sided Incentives And Risk Perception In Organizations (2019); and Earnings Management, Fintech-Driven Incentives and Sustainable Growth: On Complex Systems, Legal and Mechanism Design Factors (2020). Mr. Nwogugu's research articles have been cited in more than twenty top science journals. Mr. Nwogugu earned degrees from the University of Nigeria (Nigeria); City College Of New York (USA); and Columbia University (New York City, USA).

Contemporary Macroeconomics

Author : Vasilii Erokhin
Publisher : Springer Nature
ISBN 13 : 9811995427
Total Pages : 945 pages
Book Rating : 4.8/5 (119 download)

DOWNLOAD NOW!

Book Synopsis Contemporary Macroeconomics by : Vasilii Erokhin

Download or read book Contemporary Macroeconomics written by Vasilii Erokhin and published by Springer Nature. This book was released on 2023-07-01 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers a lot of ground in contemporary macroeconomics, from fundamental theories such as market structures and equilibrium to emerging concepts that reflect the most critical challenges of modern times, including economic slowdowns, the resilience of public health systems, digitalization, environmental footprints, and many more. The COVID-19 outbreak has aggravated the recurrent problems of poverty and income inequality between countries, food insecurity and hunger, unemployment, and social disorders that have resulted in the exacerbation of political, economic, and trade tensions between countries. In view of the damaging consequences of the pandemic for the entire global economy, the book examines how existing macroeconomic tools and policies could be adapted to the new normal to ensure sustainable post-pandemic development and growth. The main text is interspersed with real-life illustrations and cases that demonstrate practical implications of the concepts under study. This makes the reading relevant and active. Every chapter starts with learning objectives and ends with a series of questions and quizzes that enable easier reinforcement of the course content. This book is written mainly for students, but it would be much useful to the broader public audience, including postgraduates, researchers, and business people who will be able to learn all recent updates about macroeconomics and the post-pandemic perspectives of the global economy.

Complex Systems and Sustainability in the Global Auditing, Consulting, and Credit Rating Agency Industries

Author : Nwogugu, Michael I. C.
Publisher : IGI Global
ISBN 13 : 1799874206
Total Pages : 320 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Complex Systems and Sustainability in the Global Auditing, Consulting, and Credit Rating Agency Industries by : Nwogugu, Michael I. C.

Download or read book Complex Systems and Sustainability in the Global Auditing, Consulting, and Credit Rating Agency Industries written by Nwogugu, Michael I. C. and published by IGI Global. This book was released on 2021-05-07 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current and future issues in the global accounting/consulting, business opportunity, and credit rating agency (CRA) industries can have significant multiplier-effects on international trade, sustainable growth, and compliance (as physical phenomena). These three industries are among the most international and human-capital-intensive of all service industries. In these industries, analysis of business models and industry dynamics can provide insights about how human-computer interaction (HCI) and contract theory affect the evolution of financial market ecosystems and cross-border information flows, and how business models, work-allocation mechanisms, and liability allocation can evolve to manage change. An often-overlooked issue is that non-performing loans (NPLs), sustainability, and CRA efficiency can be significantly affected by business processes, corporate strategy, and HCI in industry ecosystems, multinational corporations (MNCs), and economic systems. Complex Systems and Sustainability in the Global Auditing, Consulting, and Credit Rating Agency Industries compares these three industries and introduces theories of public policy and “inter-business” processes. The book links industry structure, complex systems (including networks), behavioral game theory, structural changes, and antitrust problems to sustainability and the efficiency of pollution-remediation systems. The book introduces new “informal algorithms” and business/resource-allocation models that solve social-choice problems, and also contravene “impossibility theorems” that are at the core of modern computer science and mechanism design. This book is essential for professors and masters/PhD-level students and employees (in industry, financial services, research institutes, consulting firms, and government agencies) who are interested in industrial mathematics and theoretical computer science.

International Macroeconomics in the Wake of the Global Financial Crisis

Author : Laurent Ferrara
Publisher : Springer
ISBN 13 : 3319790757
Total Pages : 298 pages
Book Rating : 4.3/5 (197 download)

DOWNLOAD NOW!

Book Synopsis International Macroeconomics in the Wake of the Global Financial Crisis by : Laurent Ferrara

Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara and published by Springer. This book was released on 2018-06-13 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Global Financial Stability Report, October 2019

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 1498324029
Total Pages : 109 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Global Financial Stability Report, October 2019 by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Global Financial Stability Report, October 2019 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2019-10-16 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: The October 2019 Global Financial Stability Report (GFSR) identifies the current key vulnerabilities in the global financial system as the rise in corporate debt burdens, increasing holdings of riskier and more illiquid assets by institutional investors, and growing reliance on external borrowing by emerging and frontier market economies. The report proposes that policymakers mitigate these risks through stricter supervisory and macroprudential oversight of firms, strengthened oversight and disclosure for institutional investors, and the implementation of prudent sovereign debt management practices and frameworks for emerging and frontier market economies.

Global Financial Stability Report, April 2021

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1513569678
Total Pages : 92 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Global Financial Stability Report, April 2021 by : International Monetary Fund

Download or read book Global Financial Stability Report, April 2021 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-04-06 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extraordinary policy measures have eased financial conditions and supported the economy, helping to contain financial stability risks. Chapter 1 warns that there is a pressing need to act to avoid a legacy of vulnerabilities while avoiding a broad tightening of financial conditions. Actions taken during the pandemic may have unintended consequences such as stretched valuations and rising financial vulnerabilities. The recovery is also expected to be asynchronous and divergent between advanced and emerging market economies. Given large external financing needs, several emerging markets face challenges, especially if a persistent rise in US rates brings about a repricing of risk and tighter financial conditions. The corporate sector in many countries is emerging from the pandemic overindebted, with notable differences depending on firm size and sector. Concerns about the credit quality of hard-hit borrowers and profitability are likely to weigh on the risk appetite of banks. Chapter 2 studies leverage in the nonfinancial private sector before and during the COVID-19 crisis, pointing out that policymakers face a trade-off between boosting growth in the short term by facilitating an easing of financial conditions and containing future downside risks. This trade-off may be amplified by the existing high and rapidly building leverage, increasing downside risks to future growth. The appropriate timing for deployment of macroprudential tools should be country-specific, depending on the pace of recovery, vulnerabilities, and policy tools available. Chapter 3 turns to the impact of the COVID-19 crisis on the commercial real estate sector. While there is little evidence of large price misalignments at the onset of the pandemic, signs of overvaluation have now emerged in some economies. Misalignments in commercial real estate prices, especially if they interact with other vulnerabilities, increase downside risks to future growth due to the possibility of sharp price corrections.

Global Economic Prospects, January 2016

Author : WorldBank
Publisher : World Bank Publications
ISBN 13 : 1464806764
Total Pages : 284 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!

Book Synopsis Global Economic Prospects, January 2016 by : WorldBank

Download or read book Global Economic Prospects, January 2016 written by WorldBank and published by World Bank Publications. This book was released on 2016-01-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The January 2016 edition of Global Economic Prospects discusses current global and regional economic developments and prospects, analyzing key challenges and opportunities confronting developing countries. This volume addresses, among other topics, spillovers from large emerging markets and macroeconomic vulnerabilities during resource development. Global Economic Prospects is a World Bank Group Flagship Report. Semiannually (January and June), it examines global economic developments and prospects, with a special focus on developing countries. The report includes analysis of topical policy challenges faced by developing countries through in-depth research in the January edition and shorter analytical pieces in the June edition.

Assessing Country Risk

Author : Mr.Ashvin Ahuja
Publisher : International Monetary Fund
ISBN 13 : 1484302567
Total Pages : 28 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Assessing Country Risk by : Mr.Ashvin Ahuja

Download or read book Assessing Country Risk written by Mr.Ashvin Ahuja and published by International Monetary Fund. This book was released on 2017-06-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing country risk is a core component of surveillance at the IMF. It is conducted through a comprehensive architecture, covering both bilateral and multilateral dimensions. This note describes some of the approaches used internally by Fund staff to examine a wide array of systemic risks across advanced, emerging, and low-income economies. It provides a high-level view of the theory and methodologies employed, with an on-line companion guide providing more technical details of implementation. The guide will be updated as Fund staff’s methodologies for assessing country risk continue to evolve with experience and feedback. While the results of these approaches are not published by the IMF for market sensitivity reasons, they inform risk assessments featured in bilateral surveillance as well as in the IMF’s flagship publications on global surveillance.

World Investment Report 2019

Author : United Nations Conference on Trade and Development
Publisher : United Nations
ISBN 13 : 921358282X
Total Pages : 377 pages
Book Rating : 4.2/5 (135 download)

DOWNLOAD NOW!

Book Synopsis World Investment Report 2019 by : United Nations Conference on Trade and Development

Download or read book World Investment Report 2019 written by United Nations Conference on Trade and Development and published by United Nations. This book was released on 2019-08-09 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2019 edition of the World Investment Report focuses on special economic zones (SEZs) which are widely used across most developing and many developed economies. Although the performance of many zones remains below expectations, the rate of establishment of new zones is accelerating as governments increasingly compete for internationally mobile industrial activity. Policymakers face not only the traditional challenges to making SEZs succeed, including the need for strategic focus, sound governance models, and effective investment promotion tools, but also new challenges brought about by the sustainable development imperative, the new industrial revolution, and changing patterns of international production. The Report explores the place of SEZs in today’s global investment landscape and provides guidance for policymakers on how to make SEZs work for sustainable development. It presents international investment trends and prospects at global, regional and national levels, as well as the evolution of international production and global value chains. It analyses the latest developments in new policy measures for investment promotion, facilitation and regulation around the world, as well as updates on investment treaties, their reform and investment dispute settlement cases.

Emerging Capital Markets and Globalization

Author : Augusto de la Torre
Publisher : World Bank Publications
ISBN 13 : 9780821365441
Total Pages : 228 pages
Book Rating : 4.3/5 (654 download)

DOWNLOAD NOW!

Book Synopsis Emerging Capital Markets and Globalization by : Augusto de la Torre

Download or read book Emerging Capital Markets and Globalization written by Augusto de la Torre and published by World Bank Publications. This book was released on 2006-10-20 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.

A Decade after the Global Recession

Author : M. Ayhan Kose
Publisher : World Bank Publications
ISBN 13 : 1464815283
Total Pages : 475 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!

Book Synopsis A Decade after the Global Recession by : M. Ayhan Kose

Download or read book A Decade after the Global Recession written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-19 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.

Global Economic Prospects, June 2021

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

DOWNLOAD NOW!

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.

Achieving Sustainable Development and Promoting Development Cooperation

Author : Department of Economic & Social Affairs
Publisher : United Nations Publications
ISBN 13 : 9789211045871
Total Pages : 295 pages
Book Rating : 4.0/5 (458 download)

DOWNLOAD NOW!

Book Synopsis Achieving Sustainable Development and Promoting Development Cooperation by : Department of Economic & Social Affairs

Download or read book Achieving Sustainable Development and Promoting Development Cooperation written by Department of Economic & Social Affairs and published by United Nations Publications. This book was released on 2008 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.

Emerging Market Economies and Financial Globalization

Author : Leonardo E. Stanley
Publisher : Anthem Press
ISBN 13 : 1783086750
Total Pages : 260 pages
Book Rating : 4.7/5 (83 download)

DOWNLOAD NOW!

Book Synopsis Emerging Market Economies and Financial Globalization by : Leonardo E. Stanley

Download or read book Emerging Market Economies and Financial Globalization written by Leonardo E. Stanley and published by Anthem Press. This book was released on 2018-03-15 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.