Fiscal Monitor, October 2022

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Fiscal Monitor, October 2022 by : International Monetary Fund

Download or read book Fiscal Monitor, October 2022 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2022-10-12 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report explores how fiscal policy can foster resilience by protecting households against large income and employment losses. Governments face increasingly difficult trade-offs in tackling the spikes in food and energy prices when policy buffers are largely exhausted after two years of pandemic. They should prioritize protecting vulnerable groups through targeted support while keeping a tight fiscal stance to help reduce inflation. Building fiscal buffers in normal times would allow governments to respond swiftly and flexibly during adversities. Several fiscal tools, such as job-retention schemes, have proven useful to preserve jobs and income for workers. Social safety nets should be made more readily scalable and better targeted, leveraging digital technologies. Exceptional support to firms should be reserved for severe situations and requires sound fiscal risk management.

Fiscal Monitor, April 2022

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513598783
Total Pages : 124 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Fiscal Monitor, April 2022 by : International Monetary Fund

Download or read book Fiscal Monitor, April 2022 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2022-04-20 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 discusses how fiscal policy operates amid a sharp rise in uncertainty caused by the war in Ukraine. Chapter 2 discusses how international coordination on tax matters can support revenue, inclusion, tax transparency, and greener economies.

Model Rules of Professional Conduct

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Author :
Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.3/5 (187 download)

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Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Fiscal Politics

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475547900
Total Pages : 548 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Fiscal Politics by : Vitor Gaspar

Download or read book Fiscal Politics written by Vitor Gaspar and published by International Monetary Fund. This book was released on 2017-04-07 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic. The book has three parts: part 1 (9 chapters) outlines the problems; part 2 (6 chapters) outlines how institutions and fiscal rules can offer solutions; and part 3 (4 chapters) discusses how multilevel governance frameworks can help.

Fiscal Monitor, October 2020

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Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781513552705
Total Pages : 124 pages
Book Rating : 4.5/5 (527 download)

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Book Synopsis Fiscal Monitor, October 2020 by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Monitor, October 2020 written by International Monetary Fund. Fiscal Affairs Dept. and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-10-14 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 of the report draws some early lessons from governments’ fiscal responses to the pandemic and provides a roadmap for the recovery. Governments’ measures to cushion the blow from the pandemic total a staggering $12 trillion globally. These lifelines and the worldwide recession have pushed global public debt to an all-time high. But governments should not withdraw lifelines too rapidly. Government support should shift gradually from protecting old jobs to getting people back to work and helping viable but still-vulnerable firms safely reopen. The fiscal measures for the recovery are an opportunity to make the economy more inclusive and greener. Chapter 2 of this report argues that governments need to scale up public investment to ensure successful reopening, boost growth, and prepare economies for the future. Low interest rates make borrowing to invest desirable. Countries that cannot access finance will, however, need to do more with less. The chapter explains how investment can be scaled up while preserving quality. Increasing public investment by 1 percent of GDP in advanced and emerging economies could create 7 million jobs directly, and more than 20 million jobs indirectly. Investments in healthcare, housing, digitalization, and the environment would lay the foundations for a more resilient and inclusive economy.

The Age of Global Economic Crises

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000886778
Total Pages : 201 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis The Age of Global Economic Crises by : Juan Manuel Matés-Barco

Download or read book The Age of Global Economic Crises written by Juan Manuel Matés-Barco and published by Taylor & Francis. This book was released on 2023-06-02 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: The frequency and repetition of economic crises over the last hundred years demands an analysis that allows us to discover the root causes of these situations and the problems they have generated in the world economy. This book investigates these cycles throughout the 20th and the early 21st century. Economic crises can be the result of political or military conflict, but they have also been the consequence of bad practices, unbridled speculation, excessive greed, or poor management by the rulers and leaders of nations. The contributors to this volume analyse the causes and consequences of economic crises from the Great Depression to the present day, incorporating post-World War II reconstruction, the oil crisis of the 1970s and the “lost” Latin American decade of the 1980s, among others. This longer-term view allows the book to provide insights into understanding economic cycles in the long run, not just at a specific moment in time, and the ways in which they have spread internationally. This historical analysis also helps to shed new light on the current Covid-impacted situation, as it provides another reading of the main crises of recent centuries and their causes and consequences, as well as the measures and policies adopted to overcome the difficulties. This book will be of significant interest to readers in economic history, business history, politics, and economics and history more broadly.

Fiscal Monitor, October 2018

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484367618
Total Pages : 106 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Fiscal Monitor, October 2018 by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Monitor, October 2018 written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2018-10-10 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public sector balance sheets provide the most comprehensive picture of public wealth. They bring together all the accumulated assets and liabilities that the government controls, including public corporations, natural resources, and pension liabilities. They thus account for the entirety of what the state owns and owes, offering a broader fiscal picture beyond debt and deficits. Most governments do not provide such transparency, thereby avoiding the additional scrutiny it brings. Better balance sheet management enables countries to increase revenues, reduce risks, and improve fiscal policymaking. There is some empirical evidence that financial markets are increasingly paying attention to the entire government balance sheet and that strong balance sheets enhance economic resilience. This issue of the Fiscal Monitor presents a new database that shows comprehensive estimates of public sector assets and liabilities for a broad sample of 31 countries, covering 61 percent of the global economy, and provides tools to analyze and manage public wealth. Estimates of public wealth reveal the full scale of public assets and liabilities. Assets are worth US$101 trillion or 219 percent of GDP in the sample. This includes 120 percent of GDP in public corporation assets. Also included are natural resources that average 110 percent of GDP among the large natural-resource-producing countries. Recognizing these assets does not negate the vulnerabilities associated with the standard measure of general government public debt, comprising 94 percent of GDP for these countries. This is only half of total public sector liabilities of 198 percent of GDP, which also includes 46 percent of GDP in already accrued pension liabilities. Once governments understand the size and nature of public assets, they can start managing them more effectively. Potential gains from better asset management are considerable. Revenue gains from nonfinancial public corporations and government financial assets alone could be as high as 3 percent of GDP a year, equivalent to annual corporate tax collections across advanced economies. In addition, considerable gains could be realized from government nonfinancial assets. Public assets are a significant resource, and how governments use and report on them matters, not just for financial reasons, but also in terms of improving service delivery and preventing the misuse of resources that often results from a lack of transparency.

Fiscal Monitor, October 2017

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484312481
Total Pages : 128 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Fiscal Monitor, October 2017 by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Monitor, October 2017 written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2017-10-11 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the global level, inequality has declined substantially over the past three decades, but within national boundaries, the picture is mixed: some countries have experienced a reduction in inequality while others, particularly advanced economies, have seen a significant increase that has, among other things, contributed to growing public backlash against globalization. Excessive levels of inequality can erode social cohesion, lead to political polarization, and ultimately lower economic growth, but whether inequality is excessive depends on country-specific factors, including the growth context in which inequality arises, along with societal preferences. This Fiscal Monitor focuses on how fiscal policy can help governments address high levels of inequality while minimizing potential trade-offs between efficiency and equity. It documents recent trends in income inequality, including inequality both between and within countries, then examines the redistributive role of fiscal policies over recent decades and underscores the importance of appropriate design to minimize any efficiency costs. It then focuses on some key components of fiscal redistribution: progressivity of income taxation, universal basic income, and public spending policies for achieving more equitable education and health outcomes. The analysis relies on the existing theoretical and empirical literature, IMF work on inequality and fiscal policy, country experiences, and new analytical work, including various static microsimulation analyses based on household survey data. Simulations using a dynamic general equilibrium model calibrated to country-specific data and behavioral parameters illustrate the potential impact of alternative budget-neutral tax and transfer measures on income inequality and economic growth.

Fiscal Monitor, October 2019

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513515322
Total Pages : 96 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Fiscal Monitor, October 2019 by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Monitor, October 2019 written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-10-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies. It provides a quantitative framework for understanding their effects and trade-offs with other instruments and applies it to the largest advanced and emerging economies. Alternative approaches, like “feebates” to impose fees on high polluters and give rebates to cleaner energy users, can play an important role when higher energy prices are difficult politically. At the international level, the report calls for a carbon price floor arrangement among large emitters, designed flexibly to accommodate equity considerations and constraints on national policies. The report estimates the consequences of carbon pricing and redistribution of its revenues for inequality across households. Strategies for enhancing the political acceptability of carbon pricing are discussed, along with supporting measures to promote clean technology investments.

Global Financial Stability Report, October 2022

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Global Financial Stability Report, October 2022 by : International Monetary

Download or read book Global Financial Stability Report, October 2022 written by International Monetary and published by International Monetary Fund. This book was released on 2022-10-11 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global financial stability risks have increased amid a series of cascading shocks. Chapter 1 analyzes the policy response of central banks to high inflation, the risks of a disorderly tightening of financial conditions, and debt distress among emerging and frontier markets. Markets have been extremely volatile, and a deterioration in market liquidity appears to have amplified price moves. In Europe, the energy crisis is contributing to a worsening outlook. In China, the property sector remains a key source of vulnerability. Chapter 2 examines how to narrow the climate financing gap in emerging market and developing economies. Climate policies, including carbon pricing, climate disclosures, and transition taxonomies, are crucial for enabling private climate finance. Innovative financial instruments can help to scale up private climate finance, but the public sector—including multilateral development banks—will have to play a key supporting role. Chapter 3 analyzes the contributions of open-end investment funds to fragilities in asset markets. Open-end investment funds play a key role in financial markets, but those offering daily redemptions while holding illiquid assets can amplify the effects of adverse shocks by raising the likelihood of investor runs and asset fire sales. This contributes to volatility in asset markets and potentially threatens financial stability.

World Economic Outlook, October 2020

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Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781513556055
Total Pages : 203 pages
Book Rating : 4.5/5 (56 download)

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

Download or read book World Economic Outlook, October 2020 written by International Monetary Fund. Research Dept. and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-10-13 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.

Social Policy in Capitalist History

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1802209506
Total Pages : 225 pages
Book Rating : 4.8/5 (22 download)

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Book Synopsis Social Policy in Capitalist History by : Ayşe Buğra

Download or read book Social Policy in Capitalist History written by Ayşe Buğra and published by Edward Elgar Publishing. This book was released on 2024-02-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This invigorating book approaches social policy as a response to socioeconomic tensions and conflicts brought about by capitalist development, exploring how such policy reflects and shapes the world of work and socioeconomic life. Ayşe Buğra presents a historical overview of the ideas and politics of social policy in a discussion framed around the interrelated questions of poverty, work and inequality.

Persian Gulf 2023

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Author :
Publisher : Springer Nature
ISBN 13 : 981996380X
Total Pages : 476 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Persian Gulf 2023 by : Md. Muddassir Quamar

Download or read book Persian Gulf 2023 written by Md. Muddassir Quamar and published by Springer Nature. This book was released on 2023-12-06 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is 10th in the Persian Gulf Series by Middle East Institute, New Delhi (MEI@ND) and 5th with Springer Nature. It focuses on regional developments in the Gulf and India’s relations with the region in the preceding years; hence, Persian Gulf 2023 focuses on events in 2022. The broad subject of the book is Indian foreign policy and international relations. The book is based on opensource data, statistics, and information including government and international organisations’ reports, reports published by important consultancy and research institutions focused on the Gulf region, news and media reports published in the Gulf region and India and should be of great interest to analysts, academics, journalists, students, and practitioners. Each chapter in the book has several tables and figures on economic indicators, bilateral trade, and energy-related developments. It is a reference work for anyone interested in the Gulf region and at the same time it offers valuable policy recommendations. Hence, it has both academic and policy relevance.

Global Financial Stability Report, October 2019

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

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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

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

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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.

IMF Financial Operations 2018

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Author :
Publisher : International Monetary Fund
ISBN 13 : 148434880X
Total Pages : 196 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis IMF Financial Operations 2018 by : International Monetary Fund. Finance Dept.

Download or read book IMF Financial Operations 2018 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2018-04-18 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: IMF Financial Operations 2018 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and provides background detail on the financial statements. It reviews the IMF's three main activities: lending, surveillance, and technical assistance.

Report of the Inter-agency Task Force on Financing for Development 2022

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Author :
Publisher : United Nations
ISBN 13 : 9210014243
Total Pages : 208 pages
Book Rating : 4.2/5 (1 download)

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Book Synopsis Report of the Inter-agency Task Force on Financing for Development 2022 by : Department of Economic and Social Affairs

Download or read book Report of the Inter-agency Task Force on Financing for Development 2022 written by Department of Economic and Social Affairs and published by United Nations. This book was released on 2022-04-12 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financing for Sustainable Development Report (FSDR) assesses progress in implementing the commitments and actions in the Addis Ababa Action Agenda.