Volume/Issue: 2020/70
Series: IMF Working Papers
Author(s):
Joannes Mongardini
, and
Aneta Radzikowski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
May
2020
ISBN: 9781513545851
Global smartphone sales may have peaked. After reaching nearly 1.5 billion units in 2016, global smartphone sales have since declined, contributing negatively to world trade in 2019 and suggesting that the global m...
Volume/Issue: 2020/70
Series: IMF Working Papers
Author(s):
Joannes Mongardini
, and
Aneta Radzikowski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
May
2020
DOI: http://dx.doi.org/10.5089/9781513545851.001
ISBN: 9781513545851
Global smartphone sales may have peaked. After reaching nearly 1.5 billion units in 2016, global smartphone sales have since declined, contributing negatively to world trade in 2019 and suggesting that the global m...
Volume/Issue: 2020/4
Series: Staff Discussion Notes
Author(s):
Lisandro Abrego
,
Mario de Zamaroczy
,
Tunc Gursoy
,
Garth Nicholls
,
Hector Perez-Saiz
, and
Jose-Nicolas Rosas
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
May
2020
ISBN: 9781513542379
Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is exp...
Volume/Issue: 2020/4
Series: Staff Discussion Notes
Author(s):
Lisandro Abrego
,
Mario de Zamaroczy
,
Tunc Gursoy
,
Garth Nicholls
,
Hector Perez-Saiz
, and
Jose-Nicolas Rosas
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
May
2020
DOI: http://dx.doi.org/10.5089/9781513542379.006
ISBN: 9781513542379
Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is exp...
Volume/Issue: 2020/30
Series: IMF Working Papers
Author(s):
Reda Cherif
,
Sandesh Dhungana
,
Xiangming Fang
,
Jesus Gonzalez-Garcia
,
Yuanchen Yang
,
Mustafa Yenice
, and
Jung Eun Yoon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
February
2020
ISBN: 9781513526379
Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000...
Volume/Issue: 2020/30
Series: IMF Working Papers
Author(s):
Reda Cherif
,
Sandesh Dhungana
,
Xiangming Fang
,
Jesus Gonzalez-Garcia
,
Yuanchen Yang
,
Mustafa Yenice
, and
Jung Eun Yoon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
February
2020
DOI: http://dx.doi.org/10.5089/9781513526379.001
ISBN: 9781513526379
Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
The IMF deserves considerable credit for responding in an active and timely manner to the growing stresses on the multilateral trade system in recent years. Most of the recommendati...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
DOI: http://dx.doi.org/10.5089/9781513522203.017
ISBN: 9781513522203
This report updates the 2009 IEO evaluation of IMF Involvement in International Trade Policy Issues. Since then, the composition and structure of international trade have evolved, but trade has not regained its for...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
This report updates the 2009 IEO evaluation of IMF Involvement in International Trade Policy Issues. Since then, the composition and structure of international trade have evolved, but trade has not regained its for...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
This report updates the 2009 IEO evaluation of IMF Involvement in International Trade Policy Issues. Since then, the composition and structure of international trade have evolved, but trade has not regained its for...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
The 2009 evaluation was published in the midst of the global financial crisis (GFC), and an associated sudden, severe, and synchronized collapse in international trade. After decade...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
The Independent Evaluation Office (IEO) completed an evaluation of IMF Involvement in International Trade Policy Issues in 2009. The evaluation was published at a time when global t...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
The consequences of all the changes summarized in Chapter 3 for the Fund’s engagement in trade policy have been both diverse and far-reaching. They have prompted new and increasing...
Series: Independent Evaluation Office Reports
Author(s):
International Monetary Fund. Independent Evaluation Office
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2020
ISBN: 9781513522203
The 2009 evaluation found that, starting in the early 2000s, the Fund had scaled back its involvement in trade policy issues for several reasons. Externally, these included a long p...
Volume/Issue: 2020/18
Series: IMF Working Papers
Author(s):
Izabela Karpowicz
, and
Nujin Suphaphiphat
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
January
2020
DOI: http://dx.doi.org/10.5089/9781513527918.001
ISBN: 9781513527918
Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis that is accompanied in recent years by a withdrawal from trade integration processes. We study...
Volume/Issue: 2020/18
Series: IMF Working Papers
Author(s):
Izabela Karpowicz
, and
Nujin Suphaphiphat
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
January
2020
ISBN: 9781513527918
Advanced economies have been witnessing a pronounced slowdown of productivity growth since the global financial crisis that is accompanied in recent years by a withdrawal from trade integration processes. We study...
Volume/Issue: 2019/249
Series: IMF Working Papers
Author(s):
Emre Alper
, and
Michal Miktus
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
November
2019
ISBN: 9781513519197
Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for the Future of Work in sub-Saharan Africa (SSA). We estimate the cost of introducing a full-scale...
Volume/Issue: 2019/249
Series: IMF Working Papers
Author(s):
Emre Alper
, and
Michal Miktus
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
November
2019
DOI: http://dx.doi.org/10.5089/9781513519197.001
ISBN: 9781513519197
Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for the Future of Work in sub-Saharan Africa (SSA). We estimate the cost of introducing a full-scale...
Volume/Issue: 2019/244
Series: IMF Working Papers
Author(s):
Pragyan Deb
,
Albe Gjonbalaj
, and
Swarnali Hannan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
November
2019
ISBN: 9781513516097
China's current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fundamentals and desirable policies. While cyclical factors and expans...
Volume/Issue: 2019/244
Series: IMF Working Papers
Author(s):
Pragyan Deb
,
Albe Gjonbalaj
, and
Swarnali Hannan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
November
2019
DOI: http://dx.doi.org/10.5089/9781513516097.001
ISBN: 9781513516097
China's current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fundamentals and desirable policies. While cyclical factors and expans...
Volume/Issue: 2019/160
Series: IMF Working Papers
Author(s):
Francisco Arizala
,
Matthieu Bellon
, and
Margaux MacDonald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
July
2019
DOI: http://dx.doi.org/10.5089/9781498320498.001
ISBN: 9781498320498
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those mos...
Volume/Issue: 2019/160
Series: IMF Working Papers
Author(s):
Francisco Arizala
,
Matthieu Bellon
, and
Margaux MacDonald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
July
2019
ISBN: 9781498320498
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those mos...
Volume/Issue: 2019/158
Series: IMF Working Papers
Author(s):
Jorge Alvarez
,
Ivo Krznar
, and
Trevor Tombe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
July
2019
DOI: http://dx.doi.org/10.5089/9781498326650.001
ISBN: 9781498326650
This paper assesses the costs of internal trade barriers and proposes policies to improve internal trade. Estimates suggest that complete liberalization of internal trade in goods can increase GDP per capita by abo...
Volume/Issue: 2019/158
Series: IMF Working Papers
Author(s):
Jorge Alvarez
,
Ivo Krznar
, and
Trevor Tombe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
July
2019
ISBN: 9781498326650
This paper assesses the costs of internal trade barriers and proposes policies to improve internal trade. Estimates suggest that complete liberalization of internal trade in goods can increase GDP per capita by abo...
Volume/Issue: 2019/143
Series: IMF Working Papers
Author(s):
Carlos Caceres
,
Diego Cerdeiro
, and
Rui Mano
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
July
2019
DOI: http://dx.doi.org/10.5089/9781498318440.001
ISBN: 9781498318440
This paper studies the potential long-term effects of three illustrative scenarios using a multi-sector computable general equilibrium (CGE) trade model calibrated to 165 countries. The first scenario estimates eff...
Volume/Issue: 2019/143
Series: IMF Working Papers
Author(s):
Carlos Caceres
,
Diego Cerdeiro
, and
Rui Mano
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
July
2019
ISBN: 9781498318440
This paper studies the potential long-term effects of three illustrative scenarios using a multi-sector computable general equilibrium (CGE) trade model calibrated to 165 countries. The first scenario estimates eff...
Volume/Issue: 2019/134
Series: IMF Working Papers
Author(s):
Weicheng Lian
,
Natalija Novta
,
Evgenia Pugacheva
,
Yannick Timmer
, and
Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
June
2019
DOI: http://dx.doi.org/10.5089/9781498317429.001
ISBN: 9781498317429
Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show...
Volume/Issue: 2019/134
Series: IMF Working Papers
Author(s):
Weicheng Lian
,
Natalija Novta
,
Evgenia Pugacheva
,
Yannick Timmer
, and
Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
June
2019
ISBN: 9781498317429
Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show...
Volume/Issue: 2019/124
Series: IMF Working Papers
Author(s):
Lisandro Abrego
,
Maria Alejandra Amado
,
Tunc Gursoy
,
Garth Nicholls
, and
Hector Perez-Saiz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
June
2019
ISBN: 9781498314398
In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and s...
Volume/Issue: 2019/124
Series: IMF Working Papers
Author(s):
Lisandro Abrego
,
Maria Alejandra Amado
,
Tunc Gursoy
,
Garth Nicholls
, and
Hector Perez-Saiz
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
June
2019
DOI: http://dx.doi.org/10.5089/9781498314398.001
ISBN: 9781498314398
In March 2018, representatives of member countries of the African Union signed the African Continental Free Trade Area (AfCFTA) agreement. This agreement provides a framework for trade liberalization in goods and s...
Volume/Issue: 2019/67
Series: IMF Working Papers
Author(s):
Dilyana Dimova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2019
DOI: http://dx.doi.org/10.5089/9781498302920.001
ISBN: 9781498302920
The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time...
Volume/Issue: 2019/67
Series: IMF Working Papers
Author(s):
Dilyana Dimova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2019
ISBN: 9781498302920
The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time...
Volume/Issue: 2018/058
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2018
ISBN: 9781498310307
"Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can support higher, sustained, and more inclusive growth...
Volume/Issue: 2018/058
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
December
2018
DOI: http://dx.doi.org/10.5089/9781498310307.007
ISBN: 9781498310307
"Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can support higher, sustained, and more inclusive growth...
Volume/Issue: 2017/060
Series: Policy Papers
Author(s):
International Monetary Fund. Legal Dept.;International Monetary Fund. Secretary's Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
November
2017
DOI: http://dx.doi.org/10.5089/9781498346276.007
ISBN: 9781498346276
history of exchanging documents with other international organizations and currency unions. The practice of exchanging documents with individual organizations dates back to the 1940s, mostly conducted through bilat...
Volume/Issue: 2017/060
Series: Policy Papers
Author(s):
International Monetary Fund. Legal Dept.;International Monetary Fund. Secretary's Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
November
2017
ISBN: 9781498346276
history of exchanging documents with other international organizations and currency unions. The practice of exchanging documents with individual organizations dates back to the 1940s, mostly conducted through bilat...
Volume/Issue: 2017/054
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
October
2017
DOI: http://dx.doi.org/10.5089/9781498347013.007
ISBN: 9781498347013
The role of trade in the global economy is at a critical juncture. Increased trade integration helped to drive economic growth in advanced and developing economies in the latter part of the 20th century. Since the...
Volume/Issue: 2017/054
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
October
2017
ISBN: 9781498347013
The role of trade in the global economy is at a critical juncture. Increased trade integration helped to drive economic growth in advanced and developing economies in the latter part of the 20th century. Since the...
Volume/Issue: 2015/011
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
March
2015
ISBN: 9781498344876
This review follows the Board-endorsed recommendation by the IEO in 2009 to have an assessment of the Fund's work on trade every five years. In addition to reviewing past work, this paper discusses key issues going...
Volume/Issue: 2015/011
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
March
2015
DOI: http://dx.doi.org/10.5089/9781498344876.007
ISBN: 9781498344876
This review follows the Board-endorsed recommendation by the IEO in 2009 to have an assessment of the Fund's work on trade every five years. In addition to reviewing past work, this paper discusses key issues going...
Volume/Issue: 2015/011
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
March
2015
ISBN: 9781498344876
This review follows the Board-endorsed recommendation by the IEO in 2009 to have an assessment of the Fund's work on trade every five years. In addition to reviewing past work, this paper discusses key issues going...
Volume/Issue: 2014/196
Series: IMF Working Papers
Author(s):
Erlend Nier
,
Tahsin Saadi Sedik
, and
Tomas Mondino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
ISBN: 9781498351867
This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effect of the global financial cycle, measured by the VIX,...
Volume/Issue: 2014/196
Series: IMF Working Papers
Author(s):
Erlend Nier
,
Tahsin Saadi Sedik
, and
Tomas Mondino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
October
2014
DOI: http://dx.doi.org/10.5089/9781498351867.001
ISBN: 9781498351867
This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effect of the global financial cycle, measured by the VIX,...
Series: Miscellaneous Publication (Other)
Author(s):
James Boughton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
July
2014
ISBN: 9781498306836
The Paris Peace Conference
Economics was far from being a high priority at the Paris peace conference of 1919. The borders of Europe had to be redrawn one by one, and that task alone...
Series: Miscellaneous Publication (Other)
Author(s):
James Boughton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
July
2014
DOI: http://dx.doi.org/10.5089/9781498306836.073
ISBN: 9781498306836
This pamphlet is an adapted and updated version of the prologue to Tearing Down Walls: The International Monetary Fund 1990-1999, by the same author. That book examines a tumultuous decade in which the IMF faced di...
Series: Miscellaneous Publication (Other)
Author(s):
James Boughton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
July
2014
ISBN: 9781498306836
This pamphlet is an adapted and updated version of the prologue to Tearing Down Walls: The International Monetary Fund 1990-1999, by the same author. That book examines a tumultuous decade in which the IMF faced di...
Series: Miscellaneous Publication (Other)
Author(s):
James Boughton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
July
2014
ISBN: 9781498306836
This pamphlet is an adapted and updated version of the prologue to Tearing Down Walls: The International Monetary Fund 1990-1999, by the same author. That book examines a tumultuous decade in which the IMF faced di...
Volume/Issue: 2014/69
Series: IMF Working Papers
Author(s):
Eugenio Cerutti
,
Stijn Claessens
, and
Lev Ratnovski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
April
2014
ISBN: 9781475517729
This paper provides a definition of global liquidity consistent with its meaning as the 'ease of financing' in international financial markets. Using a longer time series and broader sample of countries than in pre...
Volume/Issue: 2014/69
Series: IMF Working Papers
Author(s):
Eugenio Cerutti
,
Stijn Claessens
, and
Lev Ratnovski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
April
2014
DOI: http://dx.doi.org/10.5089/9781475517729.001
ISBN: 9781475517729
This paper provides a definition of global liquidity consistent with its meaning as the 'ease of financing' in international financial markets. Using a longer time series and broader sample of countries than in pre...
Volume/Issue: 2014/62
Series: IMF Working Papers
Author(s):
Ding Ding
,
Werner Schule
, and
Yan Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
April
2014
ISBN: 9781475516388
This paper studies the dynamics of net foreign liabilities across a number of countries. Our historical analysis suggests that an orderly reduction in a country's net foreign liabilities has mostly occurred when th...
Volume/Issue: 2014/60
Series: IMF Working Papers
Author(s):
Gustavo Adler
,
Marie-Louise Djigbenou
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
April
2014
ISBN: 9781484353349
We study the dynamic response of gross capital flows in emerging market economies to different global financial shocks, using a panel vector-autoregressive (PVAR) setting. Our focus lies primarily on the potentiall...
Volume/Issue: 2014/62
Series: IMF Working Papers
Author(s):
Ding Ding
,
Werner Schule
, and
Yan Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
April
2014
DOI: http://dx.doi.org/10.5089/9781475516388.001
ISBN: 9781475516388
This paper studies the dynamics of net foreign liabilities across a number of countries. Our historical analysis suggests that an orderly reduction in a country's net foreign liabilities has mostly occurred when th...
Volume/Issue: 2014/60
Series: IMF Working Papers
Author(s):
Gustavo Adler
,
Marie-Louise Djigbenou
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
April
2014
DOI: http://dx.doi.org/10.5089/9781484353349.001
ISBN: 9781484353349
We study the dynamic response of gross capital flows in emerging market economies to different global financial shocks, using a panel vector-autoregressive (PVAR) setting. Our focus lies primarily on the potentiall...
Volume/Issue: 2014/52
Series: IMF Working Papers
Author(s):
Romain Duval
,
Kevin Cheng
,
Kum Hwa Oh
,
Richa Saraf
, and
Dulani Seneviratne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
April
2014
DOI: http://dx.doi.org/10.5089/9781475522464.001
ISBN: 9781475522464
This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995-2012. In a panel framewo...
Volume/Issue: 2014/52
Series: IMF Working Papers
Author(s):
Romain Duval
,
Kevin Cheng
,
Kum Hwa Oh
,
Richa Saraf
, and
Dulani Seneviratne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
April
2014
ISBN: 9781475522464
This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995-2012. In a panel framewo...
Volume/Issue: 2013/242
Series: IMF Working Papers
Author(s):
Audun Groenn
, and
Maria Wallin Fredholm
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
December
2013
ISBN: 9781475598179
The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings in mac...
Volume/Issue: 2013/242
Series: IMF Working Papers
Author(s):
Audun Groenn
, and
Maria Wallin Fredholm
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
December
2013
DOI: http://dx.doi.org/10.5089/9781475598179.001
ISBN: 9781475598179
The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings in mac...
Volume/Issue: 2013/224
Series: IMF Working Papers
Author(s):
Rakesh Mohan
,
Michael Patra
, and
Muneesh Kapur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
November
2013
DOI: http://dx.doi.org/10.5089/9781475514148.001
ISBN: 9781475514148
The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital flows have pro...
Volume/Issue: 2013/224
Series: IMF Working Papers
Author(s):
Rakesh Mohan
,
Michael Patra
, and
Muneesh Kapur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
November
2013
ISBN: 9781475514148
The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital flows have pro...
Volume/Issue: 2013/183
Series: IMF Working Papers
Author(s):
John Bluedorn
,
Rupa Duttagupta
,
Jaime Guajardo
, and
Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
August
2013
ISBN: 9781484389041
Has the unprecedented financial globalization of recent years changed the behavior of capital flows across countries? Using a newly constructed database of gross and net capital flows since 1980 for a sample of nea...
Volume/Issue: 2013/183
Series: IMF Working Papers
Author(s):
John Bluedorn
,
Rupa Duttagupta
,
Jaime Guajardo
, and
Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
August
2013
DOI: http://dx.doi.org/10.5089/9781484389041.001
ISBN: 9781484389041
Has the unprecedented financial globalization of recent years changed the behavior of capital flows across countries? Using a newly constructed database of gross and net capital flows since 1980 for a sample of nea...
Volume/Issue: 2013/176
Series: IMF Working Papers
Author(s):
Era Dabla-Norris
,
Alun Thomas
,
Rodrigo Garcia-Verdu
, and
Yingyuan Chen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
July
2013
ISBN: 9781484359662
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture,...
Volume/Issue: 2013/176
Series: IMF Working Papers
Author(s):
Era Dabla-Norris
,
Alun Thomas
,
Rodrigo Garcia-Verdu
, and
Yingyuan Chen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
July
2013
DOI: http://dx.doi.org/10.5089/9781484359662.001
ISBN: 9781484359662
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture,...
Volume/Issue: 2013/103
Series: IMF Working Papers
Author(s):
Gustavo Adler
, and
Nicolas Magud
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
May
2013
ISBN: 9781484356241
We study the history of terms-of-trade booms (during 1970-2012), with a focus on Latin America, through the prisms of a simple metric that quantifies the associated income windfall. We also document saving patterns...
Volume/Issue: 2013/103
Series: IMF Working Papers
Author(s):
Gustavo Adler
, and
Nicolas Magud
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
May
2013
DOI: http://dx.doi.org/10.5089/9781484356241.001
ISBN: 9781484356241
We study the history of terms-of-trade booms (during 1970-2012), with a focus on Latin America, through the prisms of a simple metric that quantifies the associated income windfall. We also document saving patterns...
Volume/Issue: 2013/033
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
April
2013
ISBN: 9781498341943
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the 'SFA Instrument').1 The financing of activities under the terms...
Volume/Issue: 2013/033
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
April
2013
DOI: http://dx.doi.org/10.5089/9781498341943.007
ISBN: 9781498341943
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the 'SFA Instrument').1 The financing of activities under the terms...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
DOI: http://dx.doi.org/10.5089/9781484395660.026
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 14/1
Series: IMF Research Bulletin
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
March
2013
ISBN: 9781484395660
The Research Summaries in the March 2013 Research Bulletin discuss "Trade Finance and Its Role in the Great Trade Collapse" (JaeBin Ahn) and "Sovereign Debt: How to Track Who Is Buying and Selling It" (Serkan Arsla...
Volume/Issue: 2013/38
Series: IMF Working Papers
Author(s):
Hideaki Hirata
,
Ayhan Kose
,
Christopher Otrok
, and
Marco Terrones
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
February
2013
ISBN: 9781475523621
We examine the properties of house price fluctuations across 18 advanced economies over the past 40 years. We ask two specific questions: First, how synchronized are housing cycles across these countries? Second, w...
Volume/Issue: 2013/38
Series: IMF Working Papers
Author(s):
Hideaki Hirata
,
Ayhan Kose
,
Christopher Otrok
, and
Marco Terrones
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
February
2013
DOI: http://dx.doi.org/10.5089/9781475523621.001
ISBN: 9781475523621
We examine the properties of house price fluctuations across 18 advanced economies over the past 40 years. We ask two specific questions: First, how synchronized are housing cycles across these countries? Second, w...
Volume/Issue: 2013/8
Series: IMF Working Papers
Author(s):
Reinout De Bock
, and
Irineu de Carvalho Filho
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
January
2013
ISBN: 9781557755308
Episodes of increased global risk aversion, also known as risk-off episodes, have become more frequent and severe since 2007. During these episodes, currency markets exhibit recurrent patterns, as the Japanese yen,...
Volume/Issue: 2013/8
Series: IMF Working Papers
Author(s):
Reinout De Bock
, and
Irineu de Carvalho Filho
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
January
2013
DOI: http://dx.doi.org/10.5089/9781557755308.001
ISBN: 9781557755308
Episodes of increased global risk aversion, also known as risk-off episodes, have become more frequent and severe since 2007. During these episodes, currency markets exhibit recurrent patterns, as the Japanese yen,...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
DOI: http://dx.doi.org/10.5089/9781475504767.022
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 2012/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
DOI: http://dx.doi.org/10.5089/9781475543551.002
ISBN: 9781475543551
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from global turbulence. Recent gains in market share in the U.S. manufacturing market are owed to imp...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
Volume/Issue: 2012/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475543551
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from global turbulence. Recent gains in market share in the U.S. manufacturing market are owed to imp...
Volume/Issue: 2012/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475543551
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from global turbulence. Recent gains in market share in the U.S. manufacturing market are owed to imp...
Volume/Issue: 2012/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475543551
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from global turbulence. Recent gains in market share in the U.S. manufacturing market are owed to imp...
Volume/Issue: 2012/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475543551
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from global turbulence. Recent gains in market share in the U.S. manufacturing market are owed to imp...
Volume/Issue: 2012/317
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475543551
Mexico is an open economy with strong real and financial links to the rest of the world with risks of spillovers from global turbulence. Recent gains in market share in the U.S. manufacturing market are owed to imp...
Volume/Issue: 49/3
Series: Finance & Development
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
November
2012
ISBN: 9781475504767
Technology is generating a global convergence. A "big bang" of information-and education as well-is improving human lives. And with global interconnectivity growing by leaps and bounds, we are all witness to a rapi...
