Narrow Your Choices

Refine By Countries

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Business and Economics > Investments: Stocks

You are looking at 1 - 10 of 22 items for :

  • Type: Journal Issue x
  • Taiwan, Province of China x
Clear All Modify Search
Cover The Coordinated Direct Investment Survey Guide 2015
The Coordinated Direct Investment Survey Guide 2015
Miss Rita Mesias

Abstract

This Coordinated Direct Investment Survey Guide (Guide) has been prepared to assist economies in participating in the Coordinated Direct Investment Survey (CDIS). The CDIS is being conducted under the auspices of the Statistics Department of the IMF across a wide range of economies. The survey is conducted simultaneously by all participating economies; uses consistent definitions; and encourages best practices in collecting, compiling, and disseminating data on direct investment positions. The CDIS is thus an important tool in capturing world totals and the geographic distribution of direct investment positions, thereby contributing to important new understandings of the extent of globalization, and improving the overall quality of direct investment data worldwide. As of the writing of this updated Guide, more than 100 economies participate in the CDIS.

Keywords:
M&G; background color; country currency; reported data; Dem. rep.; enterprise B; McDonald island; Foreign direct investment; Securities; Stocks; Nonbank financial institutions; International investment position; Global; South America; Central America; East Asia; North Africa; Sub-Saharan Africa; Pacific Islands; position data; CDIS data; equity investment assets; investment fund share; Business enterprises
Cover IMF Working Papers
Taxing Financial Transactions: Issues and Evidence
Ms. Thornton Matheson
In reaction to the recent financial crisis, increased attention has recently been given to financial transaction taxes (FTTs) as a means of (1) raising revenue for a variety of possible purposes and/or (2) helping to curb financial market excesses. This paper reviews existing theory and evidence on the efficacy of an FTT in fulfilling those tasks, on its potential impact, and on key issues to be faced in designing taxes of this kind.
Keywords:
WP; stamp duty; capital levy; cost of capital; bond market; delivery price
Cover IMF Staff Country Reports
Liberia: Enhanced Initiative for Heavily Indebted Poor Countries-Completion Point Document and Multilateral Debt Relief Initiative
International Monetary Fund
The Liberia Poverty Reduction Strategy (LPRS) was completed in March 2008. Since reaching the decision point in March 2008, Liberia has maintained macroeconomic stability. The global financial crisis adversely impacted Liberia shortly after the LPRS was released. Investments were postponed, and export revenues were sharply reduced in the rubber sector as external demand weakened. The authorities’ strict adherence to a cash-based balanced budget, in place since February 2006, has contributed substantially to regaining fiscal discipline, putting debt on a downward path while also increasing pro-poor expenditures.
Keywords:
ISCR; CR; debt forgiveness; Liberian authorities; present value; HIPC assistance; exchange rate; PFM reform agenda; Debt relief; Debt service; Debt management; Government debt management; Stocks; Global; Sub-Saharan Africa
Cover Global Financial Stability Report, April 2009
Global Financial Stability Report, April 2009
Responding to the Financial Crisis and Measuring Systemic Risks
International Monetary Fund. Monetary and Capital Markets Department

Abstract

The Global Financial Stability Report identifies potential fault lines in the global financial system that could lead to crisis, while providing comprehensive coverage of mature and emerging financial markets. The GFSR focuses on current conditions in global financial markets, highlighting issues that could pose risks to financial market stability and market access by emerging market borrowers.

Keywords:
GFSR; emerging market; asset; financial support package; credit crunch; surveillance role; emerging market bond Index; return on equity; return on assets; Emerging and frontier financial markets; Credit default swap; Credit; Commercial banks; Systemic risk; Global; Europe; Africa; Asia and Pacific; Middle East
Cover Global Financial Stability Report, October 2008
Global Financial Stability Report, October 2008
Financial Stress and Deleveraging Macrofi nancial Implications and Policy
International Monetary Fund. Monetary and Capital Markets Department

Abstract

The Global Financial Stability Report identifies potential fault lines in the global financial system that could lead to crisis, while providing comprehensive coverage of mature and emerging financial markets. The GFSR focuses on current conditions in global financial markets, highlighting issues that could pose risks to financial market stability and market access by emerging market borrowers. The October 2008 GFSR reflects information available up to September 15, 2008.

Keywords:
GFSR; emerging market; bank; security; commercial paper; equity price; mortgage finance market; market confidence; market discipline; market adjustment; liquidity support; Stock markets; Emerging and frontier financial markets; Financial statements; Loans; Interbank rates; Global; Europe; Africa; Middle East; Asia and Pacific; mortgage-backed security; investor diversification; business cycle; EM economy; Morgan Stanley Capital International EM Equity index; Credit; Caribbean
Cover Global Financial Stability Report, September 2006
Global Financial Stability Report, September 2006
Market Developments and Issues
International Monetary Fund. Monetary and Capital Markets Department

Abstract

The Global Financial Stability Report (GSFR), published twice a year by the IMF, provides timely analysis of developments in mature and emerging market countries and seeks to identify potential fault lines in the global financial system that could lead to crisis. The GFSR aims to deepen its readers’ understanding of global capital flows, which play a critical role as an engine of world economic growth. Along with the IMF’s semiannual World Economic Outlook, the GFSR is a key vehicle for the IMF’s multilateral surveillance. The Global Financial Stability Report was created to provide a more frequent assessment of global financial markets and to address emerging market financing in a global context. The report focuses on current conditions in global financial markets, highlighting issues of financial imbalances, and of a structural nature, that could pose risks to financial market stability and sustained market access by emerging market borrowers. The GFSR focuses on relevant contemporary issues, not attempting to be a comprehensive survey of all potential risks. It also draws out the financial ramifications of economic imbalances highlighted by the IMF’s World Economic Outlook. It regularly contains, as a special feature, articles on structural or systemic issues relevant to international financial stability.

Keywords:
GFSR; market; emerging market; household credit; asset; market movement; market volatility; market turbulence; fiscal policy credibility; Consumer credit; Credit; Emerging and frontier financial markets; Loans; Stocks; Global; Europe; Africa; Asia and Pacific; Middle East; EM country; market correction; market participant; baseline market view; currency market concern; yen carry trade; credit growth; Mortgages; Foreign banks; Caribbean
Cover IMF Working Papers
How Might a Disorderly Resolution of Global Imbalances Affect Global Wealth?
Mr. Francis E. Warnock
Partly reflecting structural advantages such a liquidity and strong investor protection, foreigners have built up extremely large positions in U.S. (as well as other dollar-denominated) financial assets. This paper describes the impact on global wealth of an unanticipated shock to U.S. financial markets. For every 10 percent decline in the dollar, U.S. equity markets, and U.S. bond markets, total wealth losses to foreigners could amount to about 5 percentage points of foreign GDP. Four stylized facts emerge: (i) foreign countries, particularly emerging markets, are more exposed to U.S. bonds than U.S. equities; (ii) U.S. exposure has increased for most countries; (iii) on average, U.S. asset holdings of developed countries and emerging markets (scaled by GDP) are very similar; and (iv) based on their reserve positions, wealth losses of emerging market governments could, on average, amount to about 2¾ percentage points of their GDP.
Keywords:
WP; dollar; bond; emerging market; dollar-denominated bond; price; U.S. asset holdings; global asset portfolios; disorderly currency adjustments; global current account imbalances; CPIS data; bond holding; wealth loss; dollar bond; dollar depreciation; Emerging and frontier financial markets; Bonds; Securities; Stocks; Securities markets; Middle East; Europe; Caribbean; Global; Asia and Pacific
Cover IMF Staff Papers
IMF Staff Papers, Volume 53, No. 2
International Monetary Fund. Research Dept.
Noteworthy among the six papers appearing in this latest issue of the IMF's peer-reviewed journal is another installment in the Special Data Section. Anthony Pellechio and John Cady from the IMF's Statistics Department take a close look at differences in IMF data; how and when they could occur; and what the implications of such differences might be for end-users of the IMF's data.
Keywords:
SP; knowledge production function; external finance premium; BCP compliance; interest margin; debt intolerance; Total factor productivity; Stocks; Exchange rates; Basel Core Principles; Global; Africa; Asia and Pacific; Eastern Europe; East Asia; Middle East
Cover IMF Working Papers
A Global Perspectiveon External Positions
Mr. Gian M Milesi-Ferretti
and
Mr. Philip R. Lane
This paper highlights the increased dispersion in net external positions in recent years, particularly among industrial countries. It provides a simple accounting framework that disentangles the factors driving the accumulation of external assets and liabilities (such as trade imbalances, investment income flows, and capital gains) for major external creditors and debtors. It also examines the factors driving the foreign asset portfolio of international investors, with a special focus on the weight of U.S. liabilities in the rest of the world's stock of external assets. Finally, it relates the empirical evidence to the current debate about the roles of portfolio balance effects and exchange rate adjustment in shaping the external adjustment process.
Keywords:
WP; exchange rate; return; trade deficit; U.S. dollar; Financial integration; capital flows; external assets and liabilities; capital flow; portfolio equity; current account; return differential; returns influence; rates of return on asset; asset category; asset trade; portfolio equity instrument; return premium; FDI assets; equity position; Foreign assets; Stocks; Asset prices; Global; Asia and Pacific; Middle East
Cover IMF Working Papers
The Role of Mature Market Mutual Funds in Emerging Markets: Myth or Mayhem?
Mr. Amadou N Sy
and
Ms. Li L Ong
The expansion of the global mutual funds industry has been characterized by growth in mature as well as emerging markets. This has clearly contributed to the development of local securities markets in emerging market economies, which in turn, has been key in attracting investment inflows from overseas funds. A major concern, however, is that large foreign investors could significantly disrupt the stability of local capital markets in the event of a market shock, with systemic implications for the real economy. Our estimates suggest that while local investors remain the more important group in terms of market share, the influence of foreign funds cannot be discounted. Asset allocation decisions by mature market funds- both dedicated and crossover-in aggregate, could affect emerging markets. In particular, European mutual funds appear to play a much bigger role in emerging markets than their U.S. counterparts.
Keywords:
WP; emerging market; market; equity fund