Cross-Country and Cross-Sector Analysis of Transparency of Monetary and Financial Policies

Download Cross-Country and Cross-Sector Analysis of Transparency of Monetary and Financial Policies PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 145185174X
Total Pages : 46 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Cross-Country and Cross-Sector Analysis of Transparency of Monetary and Financial Policies by : International Monetary Fund

Download or read book Cross-Country and Cross-Sector Analysis of Transparency of Monetary and Financial Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-05-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we construct indices of transparency of monetary and financial policies, based on self-evaluations carried out by 135 IMF member countries in 1999, and use them to identify transparency patterns across different policies and country groups. We find that across all countries, transparency is highest in the formulation and conduct of monetary policy and lowest in insurance supervision and deposit-insurance oversight. Across country groups having similar political/economic characteristics, the average degree of transparency is highest in advanced countries and lowest in developing ones for both monetary policy and those financial policies for which there are differences between country group means.

Transparency in Government Operations

Download Transparency in Government Operations PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 155775697X
Total Pages : 50 pages
Book Rating : 4.5/5 (577 download)

DOWNLOAD NOW!


Book Synopsis Transparency in Government Operations by : Mr.J. D. Craig

Download or read book Transparency in Government Operations written by Mr.J. D. Craig and published by International Monetary Fund. This book was released on 1998-02-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

The Federal Reserve System Purposes and Functions

Download The Federal Reserve System Purposes and Functions PDF Online Free

Author :
Publisher :
ISBN 13 : 9780894991967
Total Pages : 0 pages
Book Rating : 4.9/5 (919 download)

DOWNLOAD NOW!


Book Synopsis The Federal Reserve System Purposes and Functions by : Board of Governors of the Federal Reserve System

Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Essays in Macroeconomic Policy

Download Essays in Macroeconomic Policy PDF Online Free

Author :
Publisher : Gramedia Pustaka Utama
ISBN 13 : 9789792233391
Total Pages : 624 pages
Book Rating : 4.2/5 (333 download)

DOWNLOAD NOW!


Book Synopsis Essays in Macroeconomic Policy by : Miranda S. Goeltom

Download or read book Essays in Macroeconomic Policy written by Miranda S. Goeltom and published by Gramedia Pustaka Utama. This book was released on 2007 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries

Download Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344062
Total Pages : 74 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries by : International Monetary Fund

Download or read book Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.

Central Bank Policy

Download Central Bank Policy PDF Online Free

Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1789737532
Total Pages : 445 pages
Book Rating : 4.7/5 (897 download)

DOWNLOAD NOW!


Book Synopsis Central Bank Policy by : Perry Warjiyo

Download or read book Central Bank Policy written by Perry Warjiyo and published by Emerald Group Publishing. This book was released on 2019-07-25 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central Bank Policy: Theory and Practice analyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and practices of central bank policy.

Macroprudential Policy - An Organizing Framework - Background Paper

Download Macroprudential Policy - An Organizing Framework - Background Paper PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498339174
Total Pages : 33 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Macroprudential Policy - An Organizing Framework - Background Paper by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Macroprudential Policy - An Organizing Framework - Background Paper written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2011-03-14 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: MCM conducted a survey in December 2010 to take stock of international experiences with financial stability and the evolving macroprudential policy framework. The survey was designed to seek information in three broad areas: the institutional setup for macroprudential policy, the analytical approach to systemic risk monitoring, and the macroprudential policy toolkit. The survey was sent to 63 countries and the European Central Bank (ECB), including all countries in the G-20 and those subject to mandatory Financial Sector Assessment Programs (FSAPs). The target list is designed to cover a broad range of jurisdictions in all regions, but more weight is given to economies that are systemically important (see Annex for details). The response rate is 80 percent. This note provides a summary of the survey’s main findings.

The Central Bank Transparency Code

Download The Central Bank Transparency Code PDF Online Free

Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781513551814
Total Pages : 132 pages
Book Rating : 4.5/5 (518 download)

DOWNLOAD NOW!


Book Synopsis The Central Bank Transparency Code by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book The Central Bank Transparency Code written by International Monetary Fund. Monetary and Capital Markets Department and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-07-30 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper reports to the Executive Board on its decision of April 29, 2019, to prepare an IMF Central Bank Transparency Code (CBT), which is linked to the 2017 Review of the Standards and Codes Initiative (RSCI), for a revision and update of the 1999 Monetary and Financial Policies Transparency Code (MFPT). Directors asked that the CBT should remove the overlap on financial policies covered by other international standards, expand the transparency standards to broader set of activities undertaken by many central banks since the 2008 financial crisis, and reorient the transparency standards to facilitate risk-based assessments to support policy effectiveness and address macroeconomic risks.

Improving Fiscal Transparency to Raise Government Efficiency and Reduce Corruption Vulnerabilities in Central, Eastern, and Southeastern Europe

Download Improving Fiscal Transparency to Raise Government Efficiency and Reduce Corruption Vulnerabilities in Central, Eastern, and Southeastern Europe PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513532839
Total Pages : 66 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Improving Fiscal Transparency to Raise Government Efficiency and Reduce Corruption Vulnerabilities in Central, Eastern, and Southeastern Europe by : Mr.Bernardin Akitoby

Download or read book Improving Fiscal Transparency to Raise Government Efficiency and Reduce Corruption Vulnerabilities in Central, Eastern, and Southeastern Europe written by Mr.Bernardin Akitoby and published by International Monetary Fund. This book was released on 2020-05-11 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This departmental paper investigates how countries in Central, Eastern, and Southeastern Europe (CESEE) can improve fiscal transparency, thereby raising government efficiency and reducing corruption vulnerabilities.

Carleton Economic Papers

Download Carleton Economic Papers PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!


Book Synopsis Carleton Economic Papers by :

Download or read book Carleton Economic Papers written by and published by . This book was released on 2004 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Index for Transparency for Inflation-Targeting Central Banks: Application to the Czech National Bank

Download An Index for Transparency for Inflation-Targeting Central Banks: Application to the Czech National Bank PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484379535
Total Pages : 72 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis An Index for Transparency for Inflation-Targeting Central Banks: Application to the Czech National Bank by : Rania A. Al-Mashat

Download or read book An Index for Transparency for Inflation-Targeting Central Banks: Application to the Czech National Bank written by Rania A. Al-Mashat and published by International Monetary Fund. This book was released on 2018-10-01 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a new central bank transparency index for inflation-targeting central banks (CBT-IT index). It applies the CBT-IT index to the Czech National Bank (CNB), one of the most transparent inflation-targeting central banks. The CNB has invested heavily in developing a Forecasting and Policy Analysis System (FPAS) to implement a full-fledged inflation-forecast-targeting (IFT) regime. The components of CBT-IT index include measures of transparency about monetary policy objectives, the FPAS designed to support IFT, and the monetary policymaking process. For the CNB, all three components have shown substantial improvements over time but a few gaps remain. The CNB is currently working on eliminating some of these gaps.

Monetary Policy Transmission in Emerging Markets and Developing Economies

Download Monetary Policy Transmission in Emerging Markets and Developing Economies PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513529730
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Monetary Policy Transmission in Emerging Markets and Developing Economies by : Mr.Luis Brandao-Marques

Download or read book Monetary Policy Transmission in Emerging Markets and Developing Economies written by Mr.Luis Brandao-Marques and published by International Monetary Fund. This book was released on 2020-02-21 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT). However, questions regarding the strength of monetary policy transmission from interest rates to inflation and output have often stalled progress. We conduct a novel empirical analysis using Jordà’s (2005) approach for 40 EMDEs to shed a light on monetary transmission in these countries. We find that interest rate hikes reduce output growth and inflation, once we explicitly account for the behavior of the exchange rate. Having a modern monetary policy framework—adopting IT and independent and transparent central banks—matters more for monetary transmission than financial development.

Challenges of Growth and Globalization in the Middle East and North Africa

Download Challenges of Growth and Globalization in the Middle East and North Africa PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589062290
Total Pages : 44 pages
Book Rating : 4.0/5 (622 download)

DOWNLOAD NOW!


Book Synopsis Challenges of Growth and Globalization in the Middle East and North Africa by : Mr.Hamid R Davoodi

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

Challenges in Central Banking

Download Challenges in Central Banking PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1139488449
Total Pages : 416 pages
Book Rating : 4.1/5 (394 download)

DOWNLOAD NOW!


Book Synopsis Challenges in Central Banking by : Pierre L. Siklos

Download or read book Challenges in Central Banking written by Pierre L. Siklos and published by Cambridge University Press. This book was released on 2010-04-12 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changes in the field of central banking over the past two decades have been nothing short of dramatic. They include the importance of central bank autonomy, the desirability of low and stable inflation, and the vital role played by how central banks communicate their views and intentions to the markets and the public more generally. There remains considerable diversity nevertheless in the institutional framework affecting central banks, the manner in which the stance of monetary policy is determined and assessed, and the forces that dictate the conduct of monetary policy more generally. The global financial crisis, which began in the United States in 2007, only serves to highlight further the importance of central bank policies. The aim of this volume is to take stock of where we are in the realm of the practice of central banking and considers some of the implications arising from the ongoing crisis.

Finance & Development, June 2024

Download Finance & Development, June 2024 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!


Book Synopsis Finance & Development, June 2024 by : International Monetary Fund. Communications Department

Download or read book Finance & Development, June 2024 written by International Monetary Fund. Communications Department and published by International Monetary Fund. This book was released on 2024-05-31 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance & Development, June 2024.

International Monetary Fund Annual Report 2008

Download International Monetary Fund Annual Report 2008 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589067665
Total Pages : 84 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis International Monetary Fund Annual Report 2008 by : International Monetary Fund

Download or read book International Monetary Fund Annual Report 2008 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-10-09 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Annual Report 2008 to the Board of Governors reviews the IMF’s activities and policies during the financial year (May 1, 2007, through April 30, 2008). There are five chapters: (1) Overview: Refocusing the IMF; (2) Developments in the Global Economy and Financial Markets; (3) Fostering Macroeconomic and Financial Stability and Growth Through Surveillance; (4) Program Support and Capacity Building; and (5) Governance, Organization, and Finances. The full financial statements for the year, other appendixes, and materials supplementing the text are provided on a CD-ROM.

A Hundred Small Steps

Download A Hundred Small Steps PDF Online Free

Author :
Publisher : SAGE Publications
ISBN 13 : 817829950X
Total Pages : 207 pages
Book Rating : 4.1/5 (782 download)

DOWNLOAD NOW!


Book Synopsis A Hundred Small Steps by : India. Committee on Financial Sector Reforms

Download or read book A Hundred Small Steps written by India. Committee on Financial Sector Reforms and published by SAGE Publications. This book was released on 2009-01-06 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: While previous reports have focused solely on the ‘big’ issues like capital account convertibility, bank privatization, and priority sector norms, A Hundred Small Steps: Report of the Committee on Financial Sector Reforms goes deep into other areas where reforms are less controversial, but perhaps as important. The report argues that we need a change in mindset for the financial sector, one that recognizes that efficiency, innovation, and value for money are as important for the poor as they are for our new Indian multinationals, and these will come from improved governance, new entry and competition. Indeed the Committee believes that the road to making Mumbai an international financial centre runs through every village in India. The report is divided into separate self-contained chapters; the underlying theme behind all the proposals is the need to enhance inclusion, growth, and stability by allowing players more freedom, even while strengthening the financial and regulatory infrastructure. The role of the government is to create an enabling environment by building sound financial infrastructure. The Committee has focused primarily on broad principles and directions, without entering too much into details of implementation. It emphasizes three important reasons for financial sector reform: to include more Indians in the growth process; to foster growth itself; and to improve financial stability, flexibility, and resilience and thus protect the economy against the kind of turbulence that is affecting the world today. The Committee recognizes this is a difficult time to propose financial sector reforms in India. The near meltdown of the US financial sector seems to be proof that markets and competition do not work. This is clearly the wrong lesson to take from the debacle. The right lesson is that markets and institutions do succumb occasionally to excesses, which is why regulators have to be vigilant. The report argues for skilled regulators who encourage growth and innovation even while working harder to contain risks.