Browse

You are looking at 1 - 10 of 14 items for :

  • Islamic Banking and Finance x
  • International agencies x
Clear All
Mohsin S. Khan and and Mr. Abbas Mirakhor

This paper examines the trade and pricing policies in world agriculture. In the United States, the government pays farmers not to grow cereals and in the European Community, farmers are paid to grow more. Many have raised nominal producer prices but followed macroeconomic and exchange rate policies that left real producer prices unchanged or lower than before. Many have set up complex systems of producer taxation, and then established equally complex and frequently ineffectual systems of subsidies for inputs to offset that taxation.

Ms. Laura Wallace

This paper reviews the resurgence of Latin America. The paper highlights that much of the region has witnessed a swift and robust recovery from the successive financial crises of 2001–02. Within two years, the region’s economic growth reached 5.6 percent in 2004, a 24-year high. Growth rates of about 4 percent in 2005 and 3¾ percent projected for 2006 are well above historical averages. Mexico and South American countries have gained, in particular, from the surge in fuel, food, and metals prices, and have generally been able to exploit these opportunities by expanding production.

International Monetary Fund. Monetary and Capital Markets Department
The purpose of the missions of Phase I was to develop a functional central bank, including establishing a modern banking supervisory regime. Especially, MCM provided TA missions under the Phase I that have focused on operationalizing banking license capacity, development of on and offsite supervisory capability, and other relevant areas.
International Monetary Fund. Research Dept.

Staff Papers draws on IMF Working Papers, which are research studies by members of the Fund’s staff. A list of Working Papers issued in 1989:1 follows; additions will be noted in future issues.

International Monetary Fund. External Relations Dept.

The market for Islamic financial instruments is thriving. Awash with liquidity, thanks to the ongoing oil boom, Islamic financial institutions are increasingly eyeing investments that are compliant with Islamic law (Shariah) to accommodate their excess capital.

Mr. Mohammed El Qorchi

This paper reviews the resurgence of Latin America. The paper highlights that much of the region has witnessed a swift and robust recovery from the successive financial crises of 2001–02. Within two years, the region’s economic growth reached 5.6 percent in 2004, a 24-year high. Growth rates of about 4 percent in 2005 and 3¾ percent projected for 2006 are well above historical averages. Mexico and South American countries have gained, in particular, from the surge in fuel, food, and metals prices, and have generally been able to exploit these opportunities by expanding production.

Martin Cihák and Mr. Heiko Hesse

Institutions offering Islamic financial services constitute a significant and growing share of the financial system in several countries.

ZAMIR IQBAL

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

MOHSIN S. KHAN

The general resurgence of fundamental Islamic values in many parts of the world has manifested itself on the economic front as well, with a number of countries having moved toward the transformation of their economic systems to accord more closely with the precepts and conditions of Islam. The most far-reaching attempts in that direction have taken place in the Islamic Republic of Iran and in Pakistan, although this phenomenon can be observed to varying degree in most Islamic countries. More significant, the process of Islamization of these economic systems appears to be gaining momentum over time.