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2. Debt Supercycle, Not Secular Stagnation

2. Debt Supercycle, Not Secular Stagnation »

Source: Progress and Confusion : The State of Macroeconomic Policy

Series: Books

Publisher: The MIT Press

Publication Date: 29 April 2016

ISBN: 9780262034623

Keywords: Economic policy, Financial stability, Financial risk, Exchange rate management, Capital flows, Macroprudential Policy, Monetary Policy, Fiscal Policy, Financial Crises, Macroeconomics; capital flows;

I want to address a narrow yet fundamental question for understanding the current challenges facing the global economy: Has the world sunk into “secular stagnation,” with a long future of much lower per capi...

16 Do Money Targets Matter for Monetary Policy in Kenya?

16 Do Money Targets Matter for Monetary Policy in Kenya? »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In the preceding chapter, we presented a semi-structural New Keynesian open economy model for low-income countries, and applied it to Kenya. We found that the model co...

4 Economic Fluctuations in Sub-Saharan Africa

4 Economic Fluctuations in Sub-Saharan Africa »

Source: Monetary Policy in Sub-Saharan Africa

Series: Books

Author(s): Andrew Berg , and Rafael Portillo

Publisher: Oxford University Press

Publication Date: 27 April 2018

ISBN: 9780198785811

Keywords: Monetary policy, Sub-Saharan Africa

1 Introduction In this chapter we provide (i) an overview of some of the structural features of the economies of sub-Saharan Africa (SSA) and (ii) a systematic characterization of ec...

Effect of a Slowdown in Industrial Economies on Selected Asian Countries

Effect of a Slowdown in Industrial Economies on Selected Asian Countries »

Source: IMF Staff papers : Volume 33 No. 2

Volume: 33

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1986

ISBN: 9781451946956

Keywords: international monetary fund, monetary policy, interest, budget, central bank

WILLIAM. white, who joined the International Monetary Fund in 1948, spent his entire professional life in the Research Department. Present and past staff members, many of whom benefited from his advice, have asked...

Evaluating Fund Stabilization Programs with Multicountry Data Some Methodological Pitfalls

Evaluating Fund Stabilization Programs with Multicountry Data Some Methodological Pitfalls »

Source: IMF Staff papers : Volume 33 No. 2

Volume: 33

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1986

ISBN: 9781451946956

Keywords: international monetary fund, monetary policy, interest, budget, central bank

WILLIAM. white, who joined the International Monetary Fund in 1948, spent his entire professional life in the Research Department. Present and past staff members, many of whom benefited from his advice, have asked...

The Evolving Role of Monetary Policy in China

The Evolving Role of Monetary Policy in China »

Source: IMF Staff papers : Volume 33 No. 2

Volume: 33

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1986

ISBN: 9781451946956

Keywords: international monetary fund, monetary policy, interest, budget, central bank

WILLIAM. white, who joined the International Monetary Fund in 1948, spent his entire professional life in the Research Department. Present and past staff members, many of whom benefited from his advice, have asked...

17. Fiscal Policy for the Twenty-First Century: Testing the Limits of the Tax State?

17. Fiscal Policy for the Twenty-First Century: Testing the Limits of the Tax State? »

Source: Progress and Confusion : The State of Macroeconomic Policy

Series: Books

Publisher: The MIT Press

Publication Date: 29 April 2016

ISBN: 9780262034623

Keywords: Economic policy, Financial stability, Financial risk, Exchange rate management, Capital flows, Macroprudential Policy, Monetary Policy, Fiscal Policy, Financial Crises, Macroeconomics; capital flows;

Public finance and fiscal policy are in search of a new paradigm.Richard Musgrave’s threefold classification of public finance functions—allocation, distribution, and stabilization—is showing signs of wear a...

21. Floating Exchange Rates, Self-Oriented Policies, and Limits to Economic Integration

21. Floating Exchange Rates, Self-Oriented Policies, and Limits to Economic Integration »

Source: Progress and Confusion : The State of Macroeconomic Policy

Series: Books

Publisher: The MIT Press

Publication Date: 29 April 2016

ISBN: 9780262034623

Keywords: Economic policy, Financial stability, Financial risk, Exchange rate management, Capital flows, Macroprudential Policy, Monetary Policy, Fiscal Policy, Financial Crises, Macroeconomics; capital flows;

I will frame my discussion by asking a time-honored question: Are floating exchange rates working? My answer is a qualified yes. Over the past twenty years, many emerging market economies (EMEs) mov...

La conditionnanté au Fonds monétaire international
			: Evolution des principes et des pratiques

La conditionnanté au Fonds monétaire international : Evolution des principes et des pratiques »

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1981

Language: French

DOI: http://dx.doi.org/10.5089/9781451964264.054

ISBN: 9781451964264

Keywords: balance of payments, monetary fund, aggregate demand, inflation, adjustment process, world economy, monetary policy, monetary theory, monetary approach, price stability

This paper examines the principles and practices of conditionality as they have evolved and as they are currently applied. The paper discusses the rationale of the concept of conditionality and brings out its theor...