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Poverty Reduction And Growth Trust 2023 Borrowing Agreements With The Government Of Australia The Peoples Bank Of China The Bank Of Finland The Banque De France De Nederlandsche Bank Nv The Norwegian Ministry Of Finance Representing The Kingdom Of Norway Sveriges Riksbank And The Government Of The United Kingdom
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Book Synopsis Poverty Reduction and Growth Trust—2023 Borrowing Agreements with the Government of Australia, the People’s Bank of China, the Bank of Finland, the Banque De France, De Nederlandsche Bank NV, the Norwegian Ministry of Finance Representing the Kingdom of Norway, Sveriges Riksbank, and the Government of the United Kingdom by : International Monetary Fund. Finance Dept.
Download or read book Poverty Reduction and Growth Trust—2023 Borrowing Agreements with the Government of Australia, the People’s Bank of China, the Bank of Finland, the Banque De France, De Nederlandsche Bank NV, the Norwegian Ministry of Finance Representing the Kingdom of Norway, Sveriges Riksbank, and the Government of the United Kingdom written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2023-10-06 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the second set of PRGT borrowing agreements that have been finalized through April 2023 as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). Seven of the eight agreements presented use SDRs in the context of SDR channeling. Together these agreements provide a total of SDR 5.1 billion in new PRGT loan resources for low-income countries (LICs).
Book Synopsis The Impact of r-g on the Euro-Area Government Spending Multiplier by : Mario di Serio
Download or read book The Impact of r-g on the Euro-Area Government Spending Multiplier written by Mario di Serio and published by International Monetary Fund. This book was released on 2021-02-12 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: We compute government spending multipliers for the Euro Area (EA) contingent on the interestgrowth differential, the so-called r-g. Whether the fiscal shock occurs when r-g is positive or negative matters for the size of the multiplier. Median estimates vary conditional on the specification, but the difference between multipliers in the negative and positive r-g regimes differs systematically from zero with very high probability. Over the medium run (5 years), median cumulated multipliers range between 1.22 and 1.77 when r-g is negative, and between 0.51 and 1.26 when r-g is positive. We show that the results are not driven by the state of the business cycle, the monetary policy stance, or the level of government debt, and that the multiplier is inversely correlated with r-g. The calculations are based on the estimates of a factor-augmented interacted panel vector-autoregressive model. The econometric approach deals with several technical problems highlighted in the empirical macroeconomic literature, including the issues of fiscal foresight and limited information.
Book Synopsis At A Cost: The Real Effects of Thin Capitalization Rules by : Ruud A. de Mooij
Download or read book At A Cost: The Real Effects of Thin Capitalization Rules written by Ruud A. de Mooij and published by International Monetary Fund. This book was released on 2021-02-05 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thin capitalization rules (TCRs) aim to mitigate profit shifting by multinational corporations (MNCs) but, by raising the cost of capital for affected affiliates, can also negatively affect real investment. Exploiting unique panel data on multinational companies in 34 countries during 2006-2014, we estimate that the size of this adverse investment effect can be large, and dependent on the statutory corporate tax rate and the tightness of the safe-haven ratio. Negative investment effects are more pronounced for highly-levered firms for which TCRs are more likely to be binding.
Book Synopsis Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia by : Jyrki Ali-Yrkkö
Download or read book Knowledge Spillovers From Superstar Tech-Firms: The Case of Nokia written by Jyrki Ali-Yrkkö and published by International Monetary Fund. This book was released on 2021-10-29 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do workers hired from superstar tech-firms contribute to better firm performance? To address this question, we analyze the effects of tacit knowledge spillovers from Nokia in the context of a quasi-natural experiment in Finland, the closure of Nokia’s mobile device division in 2014 and the massive labor movement it implied. We apply a two-stage difference-in-differences approach with heterogeneous treatment to estimate the causal effects of hiring former Nokia employees. Our results provide new evidence supporting the positive causal role of former Nokia workers on firm performance. The evidence of the positive spillovers on firms is particularly strong in terms of employment and value added.
Book Synopsis Fiscal Policies for Achieving Finland’s Emission Neutrality Target by : Ian Parry
Download or read book Fiscal Policies for Achieving Finland’s Emission Neutrality Target written by Ian Parry and published by International Monetary Fund. This book was released on 2021-06-25 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finland has pledged to cut net greenhouse gas emissions to zero by 2035 and has sectoral targets for deploying electric vehicles, phasing out coal generation, and oil-based space heating. Fiscal policies at the national and sectoral level could play a critical role in achieving these objectives. Carbon dioxide emissions are already priced significantly in Finland but prices vary substantially across fuels and sectors. The paper discusses a reform to both scale up, and progressively harmonize, pricing while using revenues to address equity issues. It also discusses the potential use of revenue-neutral feebate schemes to strengthen mitigation incentives for the transportation, industry, building, forestry, and agricultural sectors.
Author :International Monetary Fund. Middle East and Central Asia Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :80 pages Book Rating :4.4/5 (2 download)
Book Synopsis Somalia by : International Monetary Fund. Middle East and Central Asia Dept.
Download or read book Somalia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2023-12-18 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Somalia has been rebuilding state institutions and the economy since the end of the devastating civil war, with strong support from the international community. The civil war led to complete state collapse, with tremendous loss of human and physical capital. Since the 2012 Provisional Constitution that created the Federal Government of Somalia (FGS) and the Federal Member States (FMS), Somalia has successfully undertaken three national elections, and Parliamentary and Presidential elections were completed in May 2022. With financial and capacity development support from international partners, Somalia has pursued wide-ranging reforms to help strengthen key economic and financial policy institutions as well as improve governance.
Author :International Monetary Fund. Middle East and Central Asia Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :17 pages Book Rating :4.4/5 (2 download)
Book Synopsis Somalia by : International Monetary Fund. Middle East and Central Asia Dept.
Download or read book Somalia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2023-12-21 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Joint Staff Advisory Note (JSAN) reviews the mid-term review report(MTR) of Somalia’s Ninth National Development Plan (NDP9).1 NDP9 is a nationallyowned and comprehensive strategy for poverty reduction and inclusive growth. It covers2020–2024 and is organized around the four pillars: Inclusive Politics, Security and theRule of Law, Economic Development, and Social Development. NDP9 was submitted tothe IMF and World Bank on October 15, 2019, to fulfill the Enhanced Heavily IndebtedPoor Countries (HIPC) Initiative’s poverty reduction strategy requirement. The firstAnnual Progress Report (APR) was received by the World Bank and the IMF in June 2022,and a JSAN was prepared and submitted to the Boards in July 2023. The MTR tracksprogress of the first 30 months of NDP9 implementation and serves as APR for 2021 and2022. The MTR also identifies the gaps, challenges, and lessons learned, and makespractical recommendations for improvement in the implementation of NDP9’s finalphase from 2023 to 2024.
Author :The World Bank;Government of Rwanda Publisher :World Bank Publications ISBN 13 :1464812853 Total Pages :452 pages Book Rating :4.4/5 (648 download)
Book Synopsis Future Drivers of Growth in Rwanda by : The World Bank;Government of Rwanda
Download or read book Future Drivers of Growth in Rwanda written by The World Bank;Government of Rwanda and published by World Bank Publications. This book was released on 2020-07-06 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strong and widely acknowledged record of economic success-including a three-and-a-half-fold increase in per capita income since 1994--places Rwanda among the world’s fastest--growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form--of a nation on the rise, powered by human resilience, a sense of common purpose, and a purposeful government. Past successes and a sense of frailty have fueled aspirations for a secure, prosperous, and modern future. Sustaining high rates of economic growth is at the heart of these ambitions. Recent formulations of the nation’s Vision 2050 set a target of achieving upper-middle-income status by 2035 and high-income status by 2050. Future Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition, a joint undertaking by experts from Rwanda and the World Bank Group, evaluates the country’s possibilities and options in this endeavor. The report identifies four essential drivers of growth--innovation, integration, agglomeration, and competition--and reforms in six priority areas: human capital development, export dynamism and regional integration, well-managed urbanization, competitive domestic enterprises, agricultural modernization, and capable and accountable public institutions.
Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra
Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1513575031 Total Pages :45 pages Book Rating :4.5/5 (135 download)
Book Synopsis Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Temporary Extensions and Modifications Of Access Limits In The Fund’s Lending Facilities written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2021-03-25 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund introduced two main sets of temporary adjustments to its lending frameworks in the early months of the pandemic: (i) increases in the limits on access to its emergency financing instruments (April 2020) and (ii) increases in the annual limits on access to financing from both its general and concessional financing facilities (July 2020).
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 : Total Pages :39 pages Book Rating :4.4/5 (2 download)
Book Synopsis Policy Coordination Instrument — Updated Operational Guidance Note by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Policy Coordination Instrument — Updated Operational Guidance Note written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2024-04-25 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides updated general guidance on the use of the Policy Coordination Instrument (PCI). The PCI is a non-financing instrument designed for countries that, at the time of the PCI request, are seeking to unlock financing from sources other than the Fund and/or to demonstrate a commitment to a reform agenda. Since its establishment in 2017 as part of the Fund’s work on the Global Financial Safety Net, the PCI has been used by several members. These experiences helped establish and refine best practices, which are reflected in this updated operational guidance note together with changes to the PCI policy approved by the Executive Board on October 4, 2023. The note covers operational issues in a broad range of areas such as purpose, objectives, eligibility, modalities, applicability of UFR-related and other relevant policies, design of a PCI-supported program, conditionality framework, review schedule , and a comparison with other lending instruments. The note is an aid to the implementation of the PCI policy and its underlying principles. If there is any instance in which a provision of the guidance note or its implementation conflicts with the policy approved by the Board, the PCI policy shall prevail.
Book Synopsis Transforming Africa by : Dana T. Redford
Download or read book Transforming Africa written by Dana T. Redford and published by Emerald Group Publishing. This book was released on 2022-01-26 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transforming Africa: How Savings Groups Foster Financial Inclusion, Resilience and Economic Development presents in-depth empirical research into current day savings group activities across Africa, exploring savings groups through the lens of financial inclusion and reflecting on formal finance, economic and social outcomes.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1513511726 Total Pages :122 pages Book Rating :4.5/5 (135 download)
Book Synopsis International Monetary Fund Annual Report 2019 Financial Statements by : International Monetary Fund
Download or read book International Monetary Fund Annual Report 2019 Financial Statements written by International Monetary Fund and published by International Monetary Fund. This book was released on 2019-10-04 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498344526 Total Pages :40 pages Book Rating :4.4/5 (983 download)
Book Synopsis Flexible Credit Line--Operational Guidance Note by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Flexible Credit Line--Operational Guidance Note written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2015-02-06 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Flexible Credit Line (FCL) was introduced as part of a package of reforms to the Fund’s lending facilities in March 2009 and its design was further refined in August 2010 and in the 2014 Review of the policy. The following provides operational guidance and further background information on the FCL. SPR (the Emerging Markets Division), FIN, and LEG stand ready to clarify any further questions departments may have on the FCL or other aspects of the reforms to lending and conditionality.
Book Synopsis France: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France by : International Monetary
Download or read book France: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France written by International Monetary and published by . This book was released on 2022-01-26 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strong economic recovery is underway in France, bolstered by progress on vaccination, strong fiscal support and solid private sector led investment. Employment has recovered to above pre-crisis levels and unemployment is virtually stable. Inflation is increasing, mainly driven by a rise in energy prices but also due to supply-chain disruptions. The public deficit and debt ratio surged in 2020, reflecting the large amount of emergency support deployed and the drop in activity.
Book Synopsis Stock Dividends by : United States. Federal Trade Commission
Download or read book Stock Dividends written by United States. Federal Trade Commission and published by . This book was released on 1927 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Monetary and Capital Markets Department Publisher :International Monetary Fund ISBN 13 :1498328474 Total Pages :84 pages Book Rating :4.4/5 (983 download)
Book Synopsis Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) - Materials Concerning Staff Progress Towards the Development of a Comprehensive AML/CFT Methodology and Assessment Process by : International Monetary Fund. Monetary and Capital Markets Department
Download or read book Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) - Materials Concerning Staff Progress Towards the Development of a Comprehensive AML/CFT Methodology and Assessment Process written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2002-11-06 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
