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Annex I The Uruguay Round: Results and Implications

Annex I The Uruguay Round: Results and Implications »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The Final Act of the Uruguay Round agreement was signed in April 1994 and will become effective in 1995 after ratification by national legislatures. The Uruguay Round will substantially reduce tariff and non...

Annex II Information Content of the Yield Curve

Annex II Information Content of the Yield Curve »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The slope of the yield curve, summarized by the difference between current long-term and short-term interest rates, is one of many indicators used to assess economic conditions. 1...

Annex III Adjustment and Recovery in Latin America and the Caribbean

Annex III Adjustment and Recovery in Latin America and the Caribbean »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The onset of the debt crisis in 1982, after a period of expansionary fiscal and monetary policies that resulted in significant domestic and external imbalances, made it clear that a major adjustment effort w...

CHAPTER I ECONOMIC PROSPECTS AND POLICIES

CHAPTER I ECONOMIC PROSPECTS AND POLICIES »

Source: World Economic Outlook, April 2003 : Growth and Institutions

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2002

ISBN: 9781589062122

Keywords: unemployment, debt, interest, external financing, payments

When the last World Economic Outlook was published in September 2002, the global recovery was expected to continue at a moderate pace, but the risks to the outlook were seen primarily on the downside. In the...

CHAPTER II WHEN BUBBLES BURST

CHAPTER II WHEN BUBBLES BURST »

Source: World Economic Outlook, April 2003 : Growth and Institutions

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2002

ISBN: 9781589062122

Keywords: unemployment, debt, interest, external financing, payments

This chapter contains two essays on the macroeconomic and financial after effects of the bursting of an asset price bubble. This issue is topical given the large and persistent decline in equity prices since...

CHAPTER III GROWTH AND INSTITUTIONS

CHAPTER III GROWTH AND INSTITUTIONS »

Source: World Economic Outlook, April 2003 : Growth and Institutions

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2002

ISBN: 9781589062122

Keywords: unemployment, debt, interest, external financing, payments

The importance of institutions for economic development and growth has long been understood—emphasized, for example, in the writings of Adam Smith and, more recently, David Landes (1998), and recognized in t...

CHAPTER IV UNEMPLOYMENT AND LABOR MARKET INSTITUTIONS: WHY REFORMS PAY OFF

CHAPTER IV UNEMPLOYMENT AND LABOR MARKET INSTITUTIONS: WHY REFORMS PAY OFF »

Source: World Economic Outlook, April 2003 : Growth and Institutions

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2002

ISBN: 9781589062122

Keywords: unemployment, debt, interest, external financing, payments

The persistence of high unemployment in a number of industrial countries—notably in continental Europe—is arguably one of the most striking economic policy failures of the last two decades. A wide range of a...

I. Overview

I. Overview »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

A year ago, the IMF Interim Committee adopted a “Declaration on Cooperation for Sustained Global Expansion.” 1 This statement was prompted by the severe economic slowdown since 19...

II World Economic Situation and Short-Term Prospects

II World Economic Situation and Short-Term Prospects »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

World output is projected to expand by 3 percent in 1994 and by 3¾ percent in 1995 as the global economy continues its gradual recovery (Table 1). The expansions that are now clearly under way in North Ameri...

III Fostering Job Creation, Growth, and Price Stability in Industrial Countries

III Fostering Job Creation, Growth, and Price Stability in Industrial Countries »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The ratcheting up of unemployment in most industrial countries during the past two decades is reminiscent of the ratcheting up of inflation during the 1960s and the 1970s. By the end of the 1970s, inflation...