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Navigating the New Normal in Industrial Countries

Navigating the New Normal in Industrial Countries »

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2010

DOI: http://dx.doi.org/10.5089/9781455211685.028

ISBN: 9781455211685

Keywords: Financial statements, Public expenditure review, Banking, Unemployment, Public sector, MISC PERIOD, Misc., country, Mohamed A. El-Erian, industrial country

This paper discusses about the fact that longer the recognition problems persist, the greater the risk of continued 'active inertia' and disappointing outcomes. The possibility of policy mistakes and business accid...

Navigating the New Normal in Industrial Countries

Navigating the New Normal in Industrial Countries »

Source: Navigating the New Normal in Industrial Countries

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2010

ISBN: 9781455211685

Keywords: Financial statements, Public expenditure review, Banking, Unemployment, Public sector, MISC PERIOD, Misc., country, Mohamed A. El-Erian, industrial country

Opening Remarks ANDREW CROCKETT: Well, good morning, everybody, and welcome to this year’s Per Jacobsson Lecture. My name is Andrew Crockett, and I am Chairman of the Per Jacobsson F...

Front Matter

Front Matter »

Source: Navigating the New Normal in Industrial Countries

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2010

ISBN: 9781455211685

Keywords: Financial statements, Public expenditure review, Banking, Unemployment, Public sector, MISC PERIOD, Misc., country, Mohamed A. El-Erian, industrial country

This paper discusses about the fact that longer the recognition problems persist, the greater the risk of continued 'active inertia' and disappointing outcomes. The possibility of policy mistakes and business accid...

Growth After the Storm? A Longer-Run Perspective

Growth After the Storm? A Longer-Run Perspective »

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

DOI: http://dx.doi.org/10.5089/9781451950045.028

ISBN: 9781451950045

Keywords: Current account deficits, Current account surpluses, Potential output, Consumption, Fiscal stimulus, PJ, IMF Annual Meetings, policy analysis, feature of World Bank, deputy prime minister

The October 2009 Per Jacobsson Lecture, delivered in Istanbul in conjunction with the 2009 Annual Meetings of the IMF and World Bank, examined the issue of longer-run growth prospects for the global economy followi...

Growth after the Storm? A Longer-Run Perspective

Growth after the Storm? A Longer-Run Perspective »

Source: Growth After the Storm? A Longer-Run Perspective

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

ISBN: 9781451950045

Keywords: Current account deficits, Current account surpluses, Potential output, Consumption, Fiscal stimulus, PJ, IMF Annual Meetings, policy analysis, feature of World Bank, deputy prime minister

A year ago this time, in early October of 2008, the world was on the edge of a financial and economic abyss. Those very close to the events in the financial sector were terrified. The world at large had not...

Back Matter

Back Matter »

Source: Growth After the Storm? A Longer-Run Perspective

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

ISBN: 9781451950045

Keywords: Current account deficits, Current account surpluses, Potential output, Consumption, Fiscal stimulus, PJ, IMF Annual Meetings, policy analysis, feature of World Bank, deputy prime minister

The October 2009 Per Jacobsson Lecture, delivered in Istanbul in conjunction with the 2009 Annual Meetings of the IMF and World Bank, examined the issue of longer-run growth prospects for the global economy followi...

Front Matter

Front Matter »

Source: Growth After the Storm? A Longer-Run Perspective

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

ISBN: 9781451950045

Keywords: Current account deficits, Current account surpluses, Potential output, Consumption, Fiscal stimulus, PJ, IMF Annual Meetings, policy analysis, feature of World Bank, deputy prime minister

The October 2009 Per Jacobsson Lecture, delivered in Istanbul in conjunction with the 2009 Annual Meetings of the IMF and World Bank, examined the issue of longer-run growth prospects for the global economy followi...

Opening Remarks

Opening Remarks »

Source: Growth After the Storm? A Longer-Run Perspective

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

ISBN: 9781451950045

Keywords: Current account deficits, Current account surpluses, Potential output, Consumption, Fiscal stimulus, PJ, IMF Annual Meetings, policy analysis, feature of World Bank, deputy prime minister

Good afternoon and thank you very much for coming. I would like to thank the Banks Association of Turkey for their generous sponsorship of this occasion. The Per Jacobsson Foundation has been a feature of Wo...

Balance of Payments Imbalances

Balance of Payments Imbalances »

Source: Balance of Payments Imbalances, by Alan Greenspan

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2007

ISBN: 9781451950113

Keywords: Current account deficits, Current account balance, Current account imbalances, Current account surpluses, Personal income, PJ, President Ford's Council of Economic Advisors, Per Jacobsson lecture, board of directors of the Foundation, managing director of the IMF

ALAN GREENSPAN Considering the nature of the title of my paper, I am incredibly impressed that there are so many people who wish to hear what I have to say on this subje...

Balance of Payments Imbalances, by Alan Greenspan

Balance of Payments Imbalances, by Alan Greenspan »

Series: per Jacobson lecture

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2007

DOI: http://dx.doi.org/10.5089/9781451950113.028

ISBN: 9781451950113

Keywords: Current account deficits, Current account balance, Current account imbalances, Current account surpluses, Personal income, PJ, President Ford's Council of Economic Advisors, Per Jacobsson lecture, board of directors of the Foundation, managing director of the IMF

This paper focuses on the developing countries, which accounted for nearly half the value of those surpluses, were apparently unable to find sufficiently profitable investments at home that overcame market and poli...