Hungarian Monetary Policy Operations Before During And After The Pandemic

Download Hungarian Monetary Policy Operations Before During And After The Pandemic full books in PDF, epub, and Kindle. Read online Hungarian Monetary Policy Operations Before During And After The Pandemic ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Hungarian Monetary Policy Operations Before, During, and After the Pandemic

Author : Mr. Tonny Lybek
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Hungarian Monetary Policy Operations Before, During, and After the Pandemic by : Mr. Tonny Lybek

Download or read book Hungarian Monetary Policy Operations Before, During, and After the Pandemic written by Mr. Tonny Lybek and published by International Monetary Fund. This book was released on 2023-02-26 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within its inflation-targeting framework, the Magyar Nemzeti Bank (MNB) has frequently adjusted its monetary operations. This has raised questions about their internal consistency, appropriateness, and effectiveness. A broader assessment, implying a comparison to a counterfactual, is outside the scope of this paper. Our prior is agnostic. We find that the changes were generally well-motivated within the MNB statutory powers; prioritized, transparently explained, and monitored; and promptly adjusted, when they no longer served their purpose. Occasionally, some tools have worked at cross purposes. Government policies have at times hampered monetary policy. Simplicity comes with a premium, as complexity can blur signals.

Hungary

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Hungary by : International Monetary

Download or read book Hungary written by International Monetary and published by International Monetary Fund. This book was released on 2023-02-03 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hungary: Selected Issues

Beyond Neoliberalism and Neo-illiberalism

Author : Markus Gabriel
Publisher : transcript Verlag
ISBN 13 : 3839474876
Total Pages : 233 pages
Book Rating : 4.8/5 (394 download)

DOWNLOAD NOW!

Book Synopsis Beyond Neoliberalism and Neo-illiberalism by : Markus Gabriel

Download or read book Beyond Neoliberalism and Neo-illiberalism written by Markus Gabriel and published by transcript Verlag. This book was released on 2024-05-31 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many countries, the political backlash against neoliberalism has mainly been a retreat from democracy, with a decline in independence of the judiciary and the monetary authorities, increased control of the media, and manipulation of elections for purposes of authoritarian control. The economic dynamics and the impact of neoliberalism, i.e. deregulation and liberalized markets, is just one cause of this authoritarian shift. The contributors to this volume examine the impact of neoliberal economic policies in relation to cultural and political factors and how these have promoted the recent authoritarian turn, as well as probing the economic policies and performance of the illiberal regimes.

Asset Purchase Programs in European Emerging Markets

Author : Mr. Marco Arena
Publisher : International Monetary Fund
ISBN 13 : 1513593757
Total Pages : 81 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Asset Purchase Programs in European Emerging Markets by : Mr. Marco Arena

Download or read book Asset Purchase Programs in European Emerging Markets written by Mr. Marco Arena and published by International Monetary Fund. This book was released on 2021-09-24 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several emerging market central banks in Europe deployed asset purchase programs (APPs) amid the 2020 pandemic. The common main goals were to address market dysfunction and impaired monetary transmission, distinct from the quantitative easing conducted by major advanced economy central banks. Likely reflecting the global nature of the crisis, these APPs defied the traditional emerging market concern of destabilizing the exchange rate or inflation expectations and instead alleviated markets successfully. We uncover some evidence that APPs in European emerging markets stabilized government bond markets and boosted equity prices, with no indication of exchange rate pressure. Examining global and domestic factors that could limit the usability of APPs, in the event of renewed market dysfunction we see a potential scope for scaling up APPs in most European emerging markets that used APPs during the pandemic, provided that they remain consistent with the primary objective of monetary policy and keep a safe distance from the risk of fiscal dominance. As central banks in the region move towards monetary policy tightening, the tapering, ending, and unwinding of APPs must also be carefully considered. Clear and transparent communication is critical at each step of the process, from the inception to the closure of APPs, particularly when a large shock hits and triggers a major policy shift.

Global Debt Report 2024 Bond Markets in a High-Debt Environment

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264323694
Total Pages : 150 pages
Book Rating : 4.2/5 (643 download)

DOWNLOAD NOW!

Book Synopsis Global Debt Report 2024 Bond Markets in a High-Debt Environment by : OECD

Download or read book Global Debt Report 2024 Bond Markets in a High-Debt Environment written by OECD and published by OECD Publishing. This book was released on 2024-03-07 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Debt Report examines sovereign and corporate debt markets, providing insights into current market conditions and associated policy considerations, including possible financial stability risks. This first edition consolidates the Sovereign Borrowing Outlook, previously a separate OECD publication, and introduces new chapters on corporate bond markets and sustainable bonds.

Monetary Policy in the New Normal

Author : Mr. Tamim Bayoumi
Publisher : International Monetary Fund
ISBN 13 : 1475516495
Total Pages : 49 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis Monetary Policy in the New Normal by : Mr. Tamim Bayoumi

Download or read book Monetary Policy in the New Normal written by Mr. Tamim Bayoumi and published by International Monetary Fund. This book was released on 2014-04-04 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed SDN would take stock of the current debate on the shape that monetary policy should take after the crisis. It revisits the pros and cons of expanding the objectives of monetary policy, the merits of turning unconventional policies into conventional ones, how to make monetary policy frameworks more resilient to the risk of being constrained by the zero-lower bound going forward, and the institutional challenges to preserve central bank independence with regards to monetary policy, while allowing adequate government oversight over central banks’ new responsibilities. It will draw policy conclusions where consensus has been reached, and highlight the areas where more work is needed to get more granular policy advice.

Emerging European Economies after the Pandemic

Author : László Mátyás
Publisher : Springer Nature
ISBN 13 : 3030939634
Total Pages : 610 pages
Book Rating : 4.0/5 (39 download)

DOWNLOAD NOW!

Book Synopsis Emerging European Economies after the Pandemic by : László Mátyás

Download or read book Emerging European Economies after the Pandemic written by László Mátyás and published by Springer Nature. This book was released on 2022-03-11 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume examines the development path of eight Central and Eastern European countries with an overlapping historical background that joined the European Union between 2004 and 2013, and identifies the main similarities and differences between the countries concerned. Based on wide comparative data analysis of Bulgaria, Croatia, The Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia, each chapter in the volume provides detailed information about the state of the economy in a specific area preceding the pandemic shock. The book offers a detailed snapshot of the state of the different areas of the economy, starting from the time when the countries concerned came out of the 2008 financial crisis, up to the date when COVID-19 hit. Further, each chapter analyzes the effects of this unprecedented shock on a particular field, which is followed by highlighting the main problems the countries are facing at present and in the near future, together with identifying the available policy options. Finally, before concluding and making general and country-specific policy recommendations, some thoughts will be given to longer-term prospects. More specifically, the question of how the subject area could contribute to avoiding the "middle-income-trap" that this region may be facing will be addressed. The comprehensive approach makes this volume a must-read for scholars and students of economics, as well as policy decision-makers in Europe, interested in a better understanding of the region's economic development.

Fiscal Monitor, April 2021

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1513571559
Total Pages : 122 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Monitor, April 2021 by : International Monetary Fund

Download or read book Fiscal Monitor, April 2021 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-04-07 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The April 2021 edition of the Fiscal Monitor focuses on tailoring fiscal responses to the COVID-19 pandemic and adopting policies to reduce inequality and gaps

Hungary: 2021 Article IV Consultation-Press Release; and Staff Report

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 151358443X
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Hungary: 2021 Article IV Consultation-Press Release; and Staff Report by : International Monetary

Download or read book Hungary: 2021 Article IV Consultation-Press Release; and Staff Report written by International Monetary and published by International Monetary Fund. This book was released on 2021-06-29 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hungary’s economy entered the COVID-19 pandemic on a strong footing and the authorities responded swiftly and strongly to the crisis it triggered. While the lockdowns weighed heavily on activity, the fast vaccination pace is allowing an early relaxation of containment measures, and the economy has started to rebound.

International Monetary Fund Annual Report 2021

Author : International Monetary Fund. Secretary's Department
Publisher : International Monetary Fund
ISBN 13 : 1513568817
Total Pages : 74 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis International Monetary Fund Annual Report 2021 by : International Monetary Fund. Secretary's Department

Download or read book International Monetary Fund Annual Report 2021 written by International Monetary Fund. Secretary's Department and published by International Monetary Fund. This book was released on 2021-10-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

World Economic Outlook, April 2020

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781513539744
Total Pages : 177 pages
Book Rating : 4.5/5 (397 download)

DOWNLOAD NOW!

Book Synopsis World Economic Outlook, April 2020 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, April 2020 written by International Monetary Fund. Research Dept. and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-04-14 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. In a baseline scenario--which assumes that the pandemic fades in the second half of 2020 and containment efforts can be gradually unwound--the global economy is projected to grow by 5.8 percent in 2021 as economic activity normalizes, helped by policy support. The risks for even more severe outcomes, however, are substantial. Effective policies are essential to forestall the possibility of worse outcomes, and the necessary measures to reduce contagion and protect lives are an important investment in long-term human and economic health. Because the economic fallout is acute in specific sectors, policymakers will need to implement substantial targeted fiscal, monetary, and financial market measures to support affected households and businesses domestically. And internationally, strong multilateral cooperation is essential to overcome the effects of the pandemic, including to help financially constrained countries facing twin health and funding shocks, and for channeling aid to countries with weak health care systems.

Distributional Effects of Monetary Policy

Author : Valentina Bonifacio
Publisher : International Monetary Fund
ISBN 13 : 1513588850
Total Pages : 47 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Distributional Effects of Monetary Policy by : Valentina Bonifacio

Download or read book Distributional Effects of Monetary Policy written by Valentina Bonifacio and published by International Monetary Fund. This book was released on 2021-07-30 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: As central banks across the globe have responded to the COVID-19 shock by rounds of extensive monetary loosening, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary policy is complex. This paper highlights the channels through which monetary policy easing affect income and wealth distribution, and presents some quantitative findings about their importance. Key takeaways are: (i) central banks should remain focused on macro stability while continuing to improve public communications about distributional effects of monetary policy, and (ii) supportive fiscal policies and structural reforms can improve macroeconomic and distributional outcomes.

Banking, Risk and Crises in Europe

Author : Renata Karkowska
Publisher : Taylor & Francis
ISBN 13 : 1000865258
Total Pages : 142 pages
Book Rating : 4.0/5 (8 download)

DOWNLOAD NOW!

Book Synopsis Banking, Risk and Crises in Europe by : Renata Karkowska

Download or read book Banking, Risk and Crises in Europe written by Renata Karkowska and published by Taylor & Francis. This book was released on 2023-04-13 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: European economies have been plagued by successive crises, from the Global Financial Crisis (GFC) to the COVID-19 pandemic, through to the economic and geopolitical instability in Ukraine. These events, the uncertainty they generate combined with dynamic technological progress and significant sociocultural changes, have profoundly modified the character of modern finance. Understanding what happened, what mechanisms worked, and the reaction of the banking sector, bank customers, and policymakers require an in-depth and structured analysis. This book critically assesses the impact of these events, notably the COVID-19 pandemic, on the performance of the banking sector in Europe and serves as a compendium of knowledge on recent changes in European banking from two perspectives: firstly, European banking transformation, analyzing the process of what has already taken place, in particular, the GFC and COVID-19 crises; secondly, the challenges facing the operations and strategic management of European banks. It identifies specific areas of impact on the activity of commercial banks and the determining factors that will shape the economic and financial condition of banks and their customers – borrowers – in the future. Risk management, particularly credit risk, is a key focus of this volume. Each chapter, implicitly or explicitly, address a variety of questions that can help the reader to understand the complex nature of the transformation of the banking sector. The book provides a structured reference for those concerned with the impact of volatility on the business models of modern banks. As such, it will find a broad audience among students, academics, banking, financial, business, and industry professionals, policymakers, and market regulators.

Central Banking in a Post-Pandemic World

Author : Mustafa Yağcı
Publisher : Taylor & Francis
ISBN 13 : 1000935833
Total Pages : 307 pages
Book Rating : 4.0/5 (9 download)

DOWNLOAD NOW!

Book Synopsis Central Banking in a Post-Pandemic World by : Mustafa Yağcı

Download or read book Central Banking in a Post-Pandemic World written by Mustafa Yağcı and published by Taylor & Francis. This book was released on 2023-08-25 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the urgent need to examine central bank policies in response to the global supply and demand shock brought on by the Covid-19 pandemic, asking whether central banks are doing enough to address inequalities and concerns around climate change and emerging technologies. Adopting an interdisciplinary, critical perspective, the contributors to this volume provide novel theoretical, methodological, and empirical insights on central banks around the world, including in advanced, emerging and developing economies. The chapters in this book explore the evolution of central bank mandates, the policy tools central banks are utilizing, why and how monetary policy takes different shapes (including unconventional monetary policy), the key dynamics influencing central bank policies, how central banks are adapting to the new realities and addressing emerging challenges, and how monetary policy is perceived in the wider economic policy framework. With novel theoretical approaches and diverse empirical evidence from a variety of countries, this book will appeal to readers interested in central banking, monetary policy, the economics of the pandemic and political economy.

Policy Options for Supporting and Restructuring Firms Hit by the COVID-19 Crisis

Author : Ms. Juliana Dutra Araujo
Publisher : International Monetary Fund
ISBN 13 : 1513593463
Total Pages : 79 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Policy Options for Supporting and Restructuring Firms Hit by the COVID-19 Crisis by : Ms. Juliana Dutra Araujo

Download or read book Policy Options for Supporting and Restructuring Firms Hit by the COVID-19 Crisis written by Ms. Juliana Dutra Araujo and published by International Monetary Fund. This book was released on 2022-02-23 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents principles that could guide the design of more targeted policy support and facilitate the restructuring of firms adversely impacted by the COVID-19 pandemic. To this end, the paper takes stock of vulnerabilities and risks in the enterprise sector and assesses countries’ preparedness to handle a large-scale restructuring of businesses. Crisis preparedness of insolvency systems is measured according to a newly designed indicator that includes five dimensions of the insolvency and restructuring regime (out-of-court restructuring, hybrid restructuring, reorganization, liquidation, and the institutional framework). Vulnerabilities tend to be more pronounced in jurisdictions with shortcomings in crisis preparedness, and those countries need to step up efforts to improve their insolvency systems.

Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies

Author : Mr.Christian H Ebeke
Publisher : International Monetary Fund
ISBN 13 : 1513570919
Total Pages : 48 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies by : Mr.Christian H Ebeke

Download or read book Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies written by Mr.Christian H Ebeke and published by International Monetary Fund. This book was released on 2021-03-02 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard—the economic contraction in 2020 is estimated to have been among the largest in the world—with potentially severe repercussions on its nonfinancial corporations. A wave of corporate bankruptcies would generate mass unemployment, and a loss of productive capacity and firm-specific human capital. With many SMEs in Europe relying primarily on the banking sector for external finance, stress in the corporate sector could easily translate into pressures in the banking system (Aiyar et al., forthcoming).

Handbook of Research on Socio-Economic Sustainability in the Post-Pandemic Era

Author : Ole?ski, Jozef
Publisher : IGI Global
ISBN 13 : 1799897621
Total Pages : 426 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Handbook of Research on Socio-Economic Sustainability in the Post-Pandemic Era by : Ole?ski, Jozef

Download or read book Handbook of Research on Socio-Economic Sustainability in the Post-Pandemic Era written by Ole?ski, Jozef and published by IGI Global. This book was released on 2023-08-18 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic intensifies underlying structural obstacles and systemic inefficiencies. However, it also provokes the accelerated adoption of innovations made possible by the already growing technological development, before being accompanied by necessary institutional and systemic adjustments. This leads to multidimensional crises, while also opening new socio-economic challenges and prospects globally. The Handbook of Research on Socio-Economic Sustainability in the Post-Pandemic Era engages global aspects of the crisis by means of standard and innovative economic policies at the national and international level. It confronts the challenges facing businesses and reveals models of effective transformations and strategies in the present circumstances. The book further investigates individual and collective societal challenges in light of sustaining our constantly upgrading humanitarian values in the 21st century. Covering topics such as fiscal adjustment measures, sustainable marketing, and state-society relations, this major reference work is a dynamic resource for government officials, sociologists, economists, business leaders, human resource managers, libraries, students and faculty of higher education, researchers, and academicians.