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Anticipating the Next Crisis: What can early warning systems be expected to deliver?

Anticipating the Next Crisis: What can early warning systems be expected to deliver? »

Source: Finance & Development, September 2009

Volume/Issue: 46/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2009

ISBN: 9781451953756

Keywords: low-income countries, monetary policy, international monetary fund, sustained growth

Recovery from the deepest recession in 60 years has started. But sustaining it will require delicate rebalancing acts, both within and across countries. IMF chief economist Olivier Blanchard writes in our lead arti...

Back to Basics: What Is Monetary Policy?

Back to Basics: What Is Monetary Policy? »

Source: Finance & Development, September 2009

Volume/Issue: 46/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2009

ISBN: 9781451953756

Keywords: low-income countries, monetary policy, international monetary fund, sustained growth

Recovery from the deepest recession in 60 years has started. But sustaining it will require delicate rebalancing acts, both within and across countries. IMF chief economist Olivier Blanchard writes in our lead arti...

Bajo la Lupa: La tasa más baja en tres siglos: La tasa de interés de política monetaria del Banco de Inglaterra es la más baja de la historia

Bajo la Lupa: La tasa más baja en tres siglos: La tasa de interés de política monetaria del Banco de Inglaterra es la más baja de la historia »

Source: Finanzas & Desarrollo, septiembre de 2009

Volume/Issue: 46/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 October 2009

Language: Spanish

ISBN: 9781451926774

La recuperación para salir de la peor recesión en 60 años ha empezado, pero para sustentarla se precisa un equilibrio delicado de políticas a escala nacional e internacional. En el artículo central, el economista p...

Book Reviews

Book Reviews »

Source: Finance & Development, September 2009

Volume/Issue: 46/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 2009

ISBN: 9781451953756

Keywords: low-income countries, monetary policy, international monetary fund, sustained growth

Recovery from the deepest recession in 60 years has started. But sustaining it will require delicate rebalancing acts, both within and across countries. IMF chief economist Olivier Blanchard writes in our lead arti...

The Challenge of Public Pension Reform in Advanced and Emerging Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies »

Series: Occasional Papers

Author(s): Benedict Clements , David Coady , Frank Eich , Sanjeev Gupta , Alvar Kangur , Baoping Shang , and Mauricio Soto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 January 2016

Language: Chinese

DOI: http://dx.doi.org/10.5089/9787504979971.084

ISBN: 9787504979971

Keywords: Pension reforms, Developed countries, Emerging markets, Pensions, Government expenditures, Cross country analysis, emerging market economies, retirement, pensions, pension spending

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population...

CHAPTER 3 Academics

CHAPTER 3 Academics »

Source: The Crisis and Miss Emily's Perceptions

Series: Departmental Papers / Policy Papers

Author(s): Luc Leruth , and Pierre Nicolas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2010

ISBN: 9781462327331

Keywords: Global Financial Crisis 2008-2009, paper, monetary policy, probability, scientists, financial sector

Theoretical models used by academics specializing in social sciences and other sciences exhibit at least two features that are rarely found in the real world: they are simple and perfectly consistent. There...

CHAPTER 7 Conclusion

CHAPTER 7 Conclusion »

Source: The Crisis and Miss Emily's Perceptions

Series: Departmental Papers / Policy Papers

Author(s): Luc Leruth , and Pierre Nicolas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2010

ISBN: 9781462327331

Keywords: Global Financial Crisis 2008-2009, paper, monetary policy, probability, scientists, financial sector

If we had to use just one word to characterize the period 2000—07, that word would be “illusion.” In academia, the illusion of knowledge; in the private sector, the illusion of limitless growth; in the publi...

CHAPTER 1 Introduction

CHAPTER 1 Introduction »

Source: The Crisis and Miss Emily's Perceptions

Series: Departmental Papers / Policy Papers

Author(s): Luc Leruth , and Pierre Nicolas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2010

ISBN: 9781462327331

Keywords: Global Financial Crisis 2008-2009, paper, monetary policy, probability, scientists, financial sector

In one of his short stories, 1 William Faulkner presents an eccentric maiden lady living in a town in the south of the United States, completely withdrawn from a world that has ch...

CHAPTER 2 Perceptions

CHAPTER 2 Perceptions »

Source: The Crisis and Miss Emily's Perceptions

Series: Departmental Papers / Policy Papers

Author(s): Luc Leruth , and Pierre Nicolas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2010

ISBN: 9781462327331

Keywords: Global Financial Crisis 2008-2009, paper, monetary policy, probability, scientists, financial sector

For several decades now, researchers have shown an interest in studying biases that affect the perception of events by economic and other actors. Without pretending to survey the entire field of literature o...

CHAPTER 5 The Authorities

CHAPTER 5 The Authorities »

Source: The Crisis and Miss Emily's Perceptions

Series: Departmental Papers / Policy Papers

Author(s): Luc Leruth , and Pierre Nicolas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2010

ISBN: 9781462327331

Keywords: Global Financial Crisis 2008-2009, paper, monetary policy, probability, scientists, financial sector

As already noted, the crisis broke out to the obvious surprise of almost everyone, including governments, and the hasty debate over the solution for dealing with the crisis quickly revealed internal tensions...