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  • Climate; Natural Disasters and Their Management; Global Warming x
  • Monetary Policy, Central Banking, and the Supply of Money and Credit: General x
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Ms. Shari Boyce, Mr. Sergei Dodzin, Ezequiel Cabezon, Mr. Fazurin Jamaludin, Mr. Yiqun Wu, and Ms. Rosanne Heller

Abstract

This issue of the Asia & Pacific Small States Monitor focuses on the challenges facing Asia and Pacific small states associated with natural disasters and climate change. Most tourism-oriented economies experienced a robust increase in arrivals, partly reflecting country-specific factors. Among commodity exporters (Bhutan, Solomon Islands, and Timor-Leste) and other Asia and Pacific small states, growth remains uneven: robust activity in Bhutan was driven mainly by hydropower-related construction activities; Solomon Islands experienced a continuing decline of logging stocks and a short-term disruption of gold production; and Timor-Leste’s ongoing depletion of oil reserves has led to a tighter budget constraint and lower government spending in the non-oil sector.

International Monetary Fund. External Relations Dept.

This paper highlights that in the first quarter of 1979, the IMF took further steps to enhance its ability to promote orderly world economic growth with reasonable price stability as a means of achieving a stable system of exchange rates. It adopted several measures designed to make the special drawing right the principal reserve asset in the world monetary system. The Interim Committee reaffirmed these aims, expressing broad support for measures that the IMF’s Executive Board has adopted, or is actively considering, in furthering these goals.

International Monetary Fund. External Relations Dept.

This paper highlights that the distribution of income and wealth in developing countries has become a matter of great concern to all those interested in development. The paper highlights that in Latin America, the poorest half of the population receives about the same share of income as the top 1 percent and the lowest 70–75 percent of the population the same share as the top 5 percent. It is clear that the distribution of income and wealth will have substantial implications for the pattern of consumption and production in developing countries.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

Prepared by staff from the Monetary and Capital Markets Department (in consultation with other departments): The authors of this chapter are Anna Ilyina (Division Chief), Evan Papageorgiou (Deputy Division Chief), Sergei Antoshin, Yingyuan Chen, Fabio Cortes, Rohit Goel, Phakawa Jeasakul, Sanjay Hazarika, Kelly Eckhold, Frank Hespeler, Henry Hoyle, Piyusha Khot, Sheheryar Malik, Thomas Piontek, Akihiko Yokoyama, and Xingmi Zheng, under the guidance of Fabio Natalucci (Deputy Director). Magally Bernal and Andre Vasquez were responsible for word processing and the production of this report.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

Prepared by staff from the Monetary and Capital Markets Department (in consultation with other departments): The authors of this chapter are Dimitris Drakopoulos, Rohit Goel, Evan Papageorgiou (team leader), Dmitri Petrov, Patrick Schneider, Can Sever, and Jef Williams, under the guidance of Fabio Natalucci and Anna Ilyina. Magally Bernal and Andre Vasquez were responsible for word processing and the production of this report.

International Monetary Fund. Monetary and Capital Markets Department

Abstract

The authors of this chapter are Andrea Deghi, Ken Zhi Gan, Tom Piontek, Dulani Seneviratne, Tomohiro Tsuruga, and Jérôme Vandenbussche (team leader), with contributions from Germán Villegas Bauer, under the guidance of Fabio Natalucci and Mahvash Qureshi. Jeremy Stein served as an expert advisor.