Keynes, Cocoa, and Copper

Download Keynes, Cocoa, and Copper PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Keynes, Cocoa, and Copper by : Paul Cashin

Download or read book Keynes, Cocoa, and Copper written by Paul Cashin and published by International Monetary Fund. This book was released on 2002-12 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines whether the real exchange rates of commodity-exporting countries and the real prices of their commodity exports move together over time. Using IMF data on the world prices of 44 commodities and national commodity export shares, we construct new monthly indices of national commodity export prices for 58 countries over 1980-2002. A long-run relationship between real exchange rates and real commodity prices is found for about two-fifths of the commodity-exporting countries. Also, the behavior of the real exchange rate of commodity currencies is found to be independent of the nominal exchange rate regime. The average half-life of adjustment of real exchange rates to commodity-price-augmented purchasing power parity is found to be about eight months, which is much shorter than Rogoff’s (1996) consensus estimate of three to five years, and provides an important missing piece of the PPP puzzle.

Cote d'Ivoire: Competitiveness, Cocoa, and The Real Exchange Rate

Download Cote d'Ivoire: Competitiveness, Cocoa, and The Real Exchange Rate PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis Cote d'Ivoire: Competitiveness, Cocoa, and The Real Exchange Rate by : Carlos Espina

Download or read book Cote d'Ivoire: Competitiveness, Cocoa, and The Real Exchange Rate written by Carlos Espina and published by World Bank Publications. This book was released on with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Estimation of the Equilibrium Real Exchange Rate for Malawi

Download Estimation of the Equilibrium Real Exchange Rate for Malawi PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451852789
Total Pages : 26 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Estimation of the Equilibrium Real Exchange Rate for Malawi by : Mr.Johan Mathisen

Download or read book Estimation of the Equilibrium Real Exchange Rate for Malawi written by Mr.Johan Mathisen and published by International Monetary Fund. This book was released on 2003-05-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper computes Malawi's equilibrium real exchange rate as a function of its fundamentals as derived from economic theory. It finds evidence in favor of the equilibrium approach to exchange rate determination, with several variables (particularly government consumption and real per capita growth) found to drive movements in the time-varying equilibrium real exchange rate. The results also indicate that following a shock there is a rapid reversion of the real exchange rate to its time-varying equilibrium, with a half-life of reversion of about 11 months.

Zambia

Download Zambia PDF Online Free

Author :
Publisher : Africa: Policies for Prosperit
ISBN 13 : 0199660603
Total Pages : 480 pages
Book Rating : 4.1/5 (996 download)

DOWNLOAD NOW!


Book Synopsis Zambia by : Christopher Adam

Download or read book Zambia written by Christopher Adam and published by Africa: Policies for Prosperit. This book was released on 2014 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using and urbanization in Zambia: Unleashing a formal market process

Malawi

Download Malawi PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513593897
Total Pages : 63 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Malawi by : International Monetary Fund. African Dept.

Download or read book Malawi written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-12-18 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that bold economic reforms undertaken in mid-2012 in Malawi transformed the policy environment and greatly improved the outlook of the economy. Over 2012–14, real GDP growth and inflation averaged 4.3 percent and 24.5 percent, respectively. The economic outlook remains difficult reflecting the negative impact of weather-related shocks, the ongoing suspension of budget support, persistently high inflation and weaker global demand which could hurt Malawi’s exports. Real GDP growth is projected to fall by 2.7 percentage points to 3 percent in 2015.

Paraguay

Download Paraguay PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589068521
Total Pages : 334 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis Paraguay by : Alejandro Santos

Download or read book Paraguay written by Alejandro Santos and published by International Monetary Fund. This book was released on 2009-12-07 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paraguay: Addressing the Stagnation and Instability Trap provides an overview of the analytical insights and policy challenges that a country faces while on the path to sustained growth with stability. It covers a wide range of themes, including improving macroeconomic assessments and policy implementation, eliminating turbulence and deepening financial reforms, and, most important of all, enhancing growth performance and reducing poverty. This book provides useful guidance for policymakers by examining the improvements in policy implementation in Paraguay since the regional crisis of 2002. The chapters discuss how to correct economic imbalances and institutional shortcomings in the context of an economic reform program. The results have been impressive with the Paraguayan economy experiencing the highest growth in a quarter of a century and the strongest financial system in decades.

Managing Macroeconomic Policies for Sustainable Growth

Download Managing Macroeconomic Policies for Sustainable Growth PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781007136
Total Pages : 207 pages
Book Rating : 4.7/5 (81 download)

DOWNLOAD NOW!


Book Synopsis Managing Macroeconomic Policies for Sustainable Growth by : John Asafu-Adjaye

Download or read book Managing Macroeconomic Policies for Sustainable Growth written by John Asafu-Adjaye and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'These experienced economists use CGE modelling to analyse the consequences of significant contemporary economic and environmental policies in several Asia-Pacific countries and in Africa. This has not been done previously for several of the economies concerned. This path-breaking, economy-wide study assesses policies relating to agricultural development, trade and industrial development, energy, greenhouse gases and climate change. This readable book should appeal to a wide audience, including students, policymakers and researchers.' Clem Tisdell, University of Queensland, Australia The authors expertly reveal a model-based analysis of economic development and environmental issues with policy prescriptions for enhancing sustainable development. Within the last four decades, there has been a rapid deterioration in the quality of our environmental and natural resources, raising grave concerns about the sustainability of unbridled economic growth. In light of these concerns, the authors analyse a range of economic and environmental issues, and propose policy recommendations that would enhance sustainable economic growth. The book covers a variety of issues related to economic development, trade, energy and climate change, and focuses on countries in the Asia-Pacific region including Australia, Thailand, Papua New Guinea and Fiji. Managing Macroeconomic Policies For Sustainable Growth uniquely discusses aspects of the CGE modelling approach that will prove informative for academic researchers and postgraduate students in the areas of economic development and environmental policy. This original book will also appeal to policy analysts and policymakers in public and private institutions.

Handbook of Agricultural Economics

Download Handbook of Agricultural Economics PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 0080930972
Total Pages : 909 pages
Book Rating : 4.0/5 (89 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Agricultural Economics by : Robert E. Evenson

Download or read book Handbook of Agricultural Economics written by Robert E. Evenson and published by Elsevier. This book was released on 2009-10-20 with total page 909 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in agriculture offer many countries the best and only chance of reducing poverty. Yet economic growth and population increases are driving higher demand for food and rising real prices. What solutions have successfully promoted agriculture? This volume examines national and international food agriculture policies and how they enhance agricultural productivity growth. It provides unique historical reviews on policies and their effects, and it clearly articulates both positive and negative lessons for promoting agriculture lead growth. With chapters written by international authorities, this book recognizes that agriculture is not just about providing food for today, but about growing it in an environmentally sustainable way that can help people work their ways out of poverty.Chapters cover international macro-economic policies and trade, farm structure in developing countries, regional experiences in agriculture, and regional studies on agricultural productivity policies.

The Monetary Geography of Africa

Download The Monetary Geography of Africa PDF Online Free

Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780815797531
Total Pages : 248 pages
Book Rating : 4.7/5 (975 download)

DOWNLOAD NOW!


Book Synopsis The Monetary Geography of Africa by : Paul R. Masson

Download or read book The Monetary Geography of Africa written by Paul R. Masson and published by Rowman & Littlefield. This book was released on 2004-11-30 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower transaction costs, increased stability, and greater insulation of central banks from pressures to provide monetary financing. Disadvantages relate to asymmetries among countries, especially in their terms of trade and in the degree of fiscal discipline. More disciplined countries will not want to form a union with countries whose excessive spending puts upward pressure on the central bank's monetary expansion. In T he Monetary Geography of Africa, Paul Masson and Catherine Pattillo review the history of monetary arrangements on the continent and analyze the current situation and prospects for further integration. They apply lessons from both experience and theory that lead to a number of conclusions. To begin with, West Africa faces a major problem because Nigeria has both asymmetric terms of trade—it is a large oil exporter while its potential partners are oil importers—and most important, large fiscal imbalances. Secondly, a monetary union among all eastern or southern African countries seems infeasible at this stage, since a number of countries suffer from the effects of civil conflicts and drought and are far from achieving the macroeconomic stability of South Africa. Lastly, the plan by Kenya, Tanzania, and Uganda to create a common currency seems to be generally compatible with other initiatives that could contribute to greater regional solidarity. However, economic gains would likely favor Kenya, which, unlike the other two countries, has substantial exports to its neighbors, and this may constrain the political will needed to proceed. A more promising strategy for monetary integration would be to build on existing monetary unions—the CFA franc zone in western and central Africa and the Common Monetary Area in southern Africa. Masson and Pattillo argue that the goal of a creating a s

IMF Macroeconomic Research on Low-Income Countries

Download IMF Macroeconomic Research on Low-Income Countries PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589062733
Total Pages : 130 pages
Book Rating : 4.0/5 (627 download)

DOWNLOAD NOW!


Book Synopsis IMF Macroeconomic Research on Low-Income Countries by : International Monetary Fund

Download or read book IMF Macroeconomic Research on Low-Income Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-01-30 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.

Macroeconomics, agriculture, and food security

Download Macroeconomics, agriculture, and food security PDF Online Free

Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896298590
Total Pages : 644 pages
Book Rating : 4.8/5 (962 download)

DOWNLOAD NOW!


Book Synopsis Macroeconomics, agriculture, and food security by : Díaz-Bonilla, Eugenio

Download or read book Macroeconomics, agriculture, and food security written by Díaz-Bonilla, Eugenio and published by Intl Food Policy Res Inst. This book was released on 2015-10-27 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why write a book on macroeconomic policies and their links to agriculture and food security in developing countries? The food price spikes of the years just prior to 2010 and the economic, political, and social dislocations they generated refocused the attention of policymakers and development practitioners on the agricultural sector and food security concerns. But even without those traumatic events, the importance of agriculture for developing countries—and for an adequate functioning of the world economy— cannot be denied. First, although declining over time, primary agriculture still represents important percentages of developing countries’ overall domestic production, exports, and employment. If agroindustrial, transportation, commercial, and other related activities are also counted, then the economic and social importance of agriculture-based sectors increases significantly. Furthermore, large numbers of the world’s poor still live in rural areas and work in agriculture. Through the links via production, trade, employment, and prices, agricultural production is also crucial for national food security. Second, it has been shown that agriculture in developing countries has important growth and employment multipliers for the rest of the economy, and agriculture seems to have larger positive effects in reducing poverty than growth in other sectors. Third, agriculture is not only important for individual developing countries, but it has global significance, considering the large presence of developing countries in world agricultural production and the increasing participation in international trade of those products (these three points will be covered in greater detail in Chapter 1).

Agricultural Trade Reform and the Doha Development Agenda

Download Agricultural Trade Reform and the Doha Development Agenda PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 0821362402
Total Pages : 442 pages
Book Rating : 4.8/5 (213 download)

DOWNLOAD NOW!


Book Synopsis Agricultural Trade Reform and the Doha Development Agenda by : Kym Anderson

Download or read book Agricultural Trade Reform and the Doha Development Agenda written by Kym Anderson and published by World Bank Publications. This book was released on 2005-11-16 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing the most complete and up to date analysis of the range of agricultural issues under negotiation in the multilateral trade negotiations underway in the World Trade Organization (WTO), this title is a valuable resource to policymakers, agricultural private sector, and academics in developing and assessing the negotiating options.

Is Credit Easing Viable in Emerging and Developing Economies? An Empirical Approach

Download Is Credit Easing Viable in Emerging and Developing Economies? An Empirical Approach PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484345169
Total Pages : 42 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Is Credit Easing Viable in Emerging and Developing Economies? An Empirical Approach by : Luis I. Jacome H.

Download or read book Is Credit Easing Viable in Emerging and Developing Economies? An Empirical Approach written by Luis I. Jacome H. and published by International Monetary Fund. This book was released on 2018-03-08 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the global financial crisis, many central banks in advanced economies engaged in credit easing. These policies have been perceived as largely successful in reducing stress in financial markets, thus avoiding larger output losses. In this paper, we study empirically whether credit easing is also a viable policy tool to cope with banking crises in emerging and developing economies. We find that credit easing leads to a sharp increase in domestic currency depreciation, high inflation, and a substantial reduction in economic growth in a large panel of emerging and developing economies. For advanced economies, we find the effects to be benign. Our results suggest that emerging and developing economies should be cautious when using credit easing as it may fuel adverse macroeconomic repercussions.

The CFA Franc Zone

Download The CFA Franc Zone PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589066758
Total Pages : 411 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis The CFA Franc Zone by : Ms.Anne Marie Gulde

Download or read book The CFA Franc Zone written by Ms.Anne Marie Gulde and published by International Monetary Fund. This book was released on 2008-04-02 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: About one-third of countries covered by the IMF's African Department are members of the CFA franc zone. With most other countries moving away from fixed exchange rates, the issue of an adequate policy framework to ensure the sustainability of the CFA franc zone is clearly of interest to policymakers and academics. However, little academic research exists in the public domain. This book aims to fill this void by bringing together work undertaken in the context of intensified regional surveillance and highlighting the current challenges and the main policy requirements if the arrangements are to be carried forward. The book is based on empirical research by a broad group of IMF economists, with contributions from several outside experts.

Cote D' Ivoire: Volatility, Shocks and Growth

Download Cote D' Ivoire: Volatility, Shocks and Growth PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis Cote D' Ivoire: Volatility, Shocks and Growth by : Zeljko Bogetic

Download or read book Cote D' Ivoire: Volatility, Shocks and Growth written by Zeljko Bogetic and published by World Bank Publications. This book was released on 2007 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Key economic variables in Cote d'Ivoire vary widely from their long-run trends, moving in multi-year cyclical patterns. Cocoa prices move with cycles in growth rates, capital stock, real exchange rates, terms of trade, cocoa production, and coffee production and output. These patterns have become more pronounced since the 1970s as volatility increased. This paper characterize these cycles, estimates the cocoa price-quantity relationship, and analyzes co-movements due to shocks generate a forecast. Three key conclusions follow. First, the economy of Cote d'Ivoire has experienced two fundamental transitions, one in 1976 related to cocoa, and another in 1994 related to exchange rates. From 1960 to 1976, world cocoa prices grew steadily, and then fell in real terms. The country's growth showed a similar pattern. An econometric model indicates that the relationship between cocoa price and quantity experienced a break in 1976 and provides evidence of Cote d'Ivoire's significant influence on world cocoa prices. Second, cocoa price shocks affect growth rates and trade indicators, and are important sources of volatility in the Cote d'Ivoire. The terms of trade and real exchange rate are also sources of volatility for growth and productivity. Third, a forecast of per-worker output based on these variables predicts continued declines in GDP per worker in Cote d'Ivoire for the near future. This dismal forecast implies the need for a radical and rapid improvement on political, security, and economic management to reverse the two and a half decades of economic decline.

Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas

Download Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589067886
Total Pages : 179 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas by : Mr.Jeronimo Zettelmeyer

Download or read book Who's Driving Whom? Analyzing External and Intra-Regional Linkages in the Americas written by Mr.Jeronimo Zettelmeyer and published by International Monetary Fund. This book was released on 2008-10-09 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a global economy beset by concerns over a growth recession, financial volatility, and rising inflation, countries in the Western Hemisphere have been among the few bright spots in recent years. This has not come as a surprise to those following the significant progress achieved by many countries in recent years, both in macroeconomic management and on the structural and institutional front. Hence, there can be little doubt, as this book argues, that economic and financial linkages between Latin America, the United States, and other important regions of the world economy have undergone profound change.

Exchange Rate Analysis in Support of IMF Surveillance

Download Exchange Rate Analysis in Support of IMF Surveillance PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589067282
Total Pages : 352 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis Exchange Rate Analysis in Support of IMF Surveillance by : Mr.Charalambos G. Tsangarides

Download or read book Exchange Rate Analysis in Support of IMF Surveillance written by Mr.Charalambos G. Tsangarides and published by International Monetary Fund. This book was released on 2008-09-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exchange rate analysis lies at the center of the IMF's surveillance mandate and policy advice, as well as in the design of IMF-supported programs, and IMF staff are called upon to analyze a wide variety of exchange rate issues in various member countries, both small and large, from the least economically developed to the most advanced, and from those whose currencies circulate only locally to those whose currencies are of global importance. Each year, IMF staff produce dozens of studies on exchange rate issues, some published by the IMF, others in various professional journals or books. This book aims to give a flavor of the topics the IMF staff typically examine under the broad rubric of exchange rate analysis, encompassing several topics: determination and impact of the real exchange rate, assessing competitiveness and the equilibrium real exchange rate in specific countries or country groups, and considerations in the choice of exchange rate regime.