Narrow Your Choices

Refine By Topic

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

Europe > Norway

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

  • Type: Journal Issue x
  • Investment; Capital; Intangible Capital; Capacity x
Clear All Modify Search
Cover Regional Economic Outlook, October 2020, Europe
Regional Economic Outlook, October 2020, Europe
Whatever It Takes: Europe’s Response to COVID-19
International Monetary Fund. European Dept.

Abstract

The COVID-19 pandemic has caused dramatic loss of human life and major damage to the European economy, but thanks to an exceptionally strong policy response, potentially devastating outcomes have been avoided.

Keywords:
lockdowns; pandemic; corporate liquidity; recovery; reopening; economic outlook; forecasting; REO; policy support; infection curve; job retention program; Europe transform; financial market disruption; pandemic economy; solvency risks in Europe; time trend; reopening indices; infection incidence; reinfection risk; infection rate; credit access; containment policy; COVID-19; Liquidity; Solvency; Infrastructure; Europe; Global
Cover IMF Research Bulletin
IMF Research Bulletin, September 2015
International Monetary Fund. Research Dept.
The September 2015 issue of the IMF Research Bulletin covers a range of research topics. The Research Summaries featured in this issue are “Lower for Longer: Neutral Rates in the United States” (Andrea Pescatori and Jarkko Turunen) and “Economic Principles for Resource Revenue Management” (Anthony J. Venables and Samuel Wills). The Q&A article looks at “Seven Questions on Financing for Development” (Amadou Sy) and the global development agenda. The issue also includes special announcements on the 2015 Annual Research Conference and the 2015 IMF Annual Report, as well as new IMF publications. Readers will also find a link to a top-viewed article from the “IMF Economic Review”—the IMF’s official research journal.
Keywords:
IRB; IMF research bulletin; anchor; research conference; journal of the IMF; research community; Policy instrument; Asia's financial systems; Infrastructure; Global financial crisis of 2008-2009; Central bank policy rate; Output gap; Consumption; Global; Sub-Saharan Africa; Africa; Asia and Pacific; West Africa
Cover Staff Discussion Notes
Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries
Ms. Maria A Albino
,
Ms. Svetlana Cerovic
,
Mr. Francesco Grigoli
,
Mr. Juan C Flores
,
Mr. Javier Kapsoli
,
Mr. Haonan Qu
,
Mr. Yahia Said
,
Mr. Bahrom Shukurov
,
Mr. Martin Sommer
, and
Mr. SeokHyun Yoon
Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.
Keywords:
SDN; investment; MCDOEs; investment efficiency; efficiency; public investment
Cover Staff Discussion Notes
Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries
Ms. Maria A Albino
,
Ms. Svetlana Cerovic
,
Mr. Francesco Grigoli
,
Mr. Juan C Flores
,
Mr. Javier Kapsoli
,
Mr. Haonan Qu
,
Mr. Yahia Said
,
Mr. Bahrom Shukurov
,
Mr. Martin Sommer
, and
Mr. SeokHyun Yoon
Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.
Keywords:
SDN; investment; MCDOEs; investment efficiency; efficiency; public investment; Public investment efficiency; natural resources; oil exporters; resource wealth management; management Index; investment project; unit investment cost; investment decision; diminishing returns on investment; Public investment spending; Public investment and public-private partnerships (PPP); Infrastructure; Capital spending; Global
Cover IMF Working Papers
Spillovers to and from the Nordic Economies: A Macroeconometric Model Based Analysis
Mr. Francis Vitek
This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find that the Nordic economies are heavily exposed to external macroeconomic and financial shocks, but have significant scope to mitigate their domestic macroeconomic impacts through coordinated policy responses, given their high degree of regional integration.
Keywords:
WP; economy; Nordic economy; output spillover; Spillover analysis; Trade linkages; Financial linkages; External risks; Policy coordination; output loss; spillover coefficient; risk premium shock; export exposure; source economy; Return on investment; Spillovers; Stock markets; Securities markets; Exports; Global
Cover IMF Staff Country Reports
Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix
International Monetary Fund
This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government’s strategy could significantly boost economic growth and reduce poverty. The paper reviews the major issues related to tax policy reform in Timor-Leste. It also discusses the current direction of Timor-Leste Petroleum Fund asset management and issues that might arise with eventual asset diversification.
Keywords:
ISCR; CR; asset; investment; GDP; fund; income tax; revenue; asset allocation; TLPF assets; investment objective; reform effort; TLPF investment portfolio; Public investment spending; Public investment and public-private partnerships (PPP); Income and capital gains taxes; Income tax systems; East Asia; Asia and Pacific; Europe; Global
Cover IMF Working Papers
Fixed Capital Adjustment: Is Latin America Different? Evidence from the Colombian and Mexican Manufacturing Sectors
Mr. R. G Gelos
and
Mr. Alberto Isgut
This paper examines capital adjustment patterns using two large and largely novel data sets from the manufacturing sectors of Colombia and Mexico. The findings show that investment patterns in these countries resemble those reported for the United States to a surprising extent. Capital adjustments beyond maintenance investment occur only rarely, but large spikes account for a significant fraction of total investment. Although duration models do not provide strong evidence for the presence of substantial fixed costs, nonparametric adjustment function estimates reveal the presence of irreversibilities in investment. These irreversibilities are important for understanding aggregate investment behavior.
Keywords:
WP; investment rate; investment spike; capital stock; equipment investment; hazard function; Investment; lumpiness; irreversibilities; nonconvexities; manufacturing; panel data; investment episode; Stocks; Logit models; Producer price indexes; Productivity
Cover IMF Working Papers
Saving-Investment Correlations: Immobile Capital. Government Policy or Endogenous Behavior?
International Monetary Fund
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over time. It is concluded that the main reason for the observed high correlations over the recent period is probably government policy.
Keywords:
WP; government; investment; government policy; capital; capital mobility; investment data; saving-investment regression; government saving; inventory investment; investment variable; private sector data; investment decision; investment rate; Private savings; Private investment; Public investment spending; Gold; Time series analysis
Cover Finance & Development
Finance & Development, March 1970
International Monetary Fund. External Relations Dept.
This paper discusses achievement and failure of science in increasing world animal production. The paper highlights that the application of modern animal production technology is virtually confined to Western Europe, to the North American continent, to Australia, New Zealand, and Japan. The new technologies are not yet used in other parts of the world. Hardly more than a handful of their farmers have any knowledge or understanding of production methods commonplace in highly developed countries.
Keywords:
FD; F&D; country; investment; industry; special drawing rights; IFC investment; permits country; SDR scheme; developed country; IFC policy; Value-added tax; Foreign direct investment; Interest rate policy; Business enterprises; Exports; Africa; East Africa; Asia and Pacific; Europe; Australia and New Zealand
Cover IMF Staff Papers
IMF Staff Papers: Volume 1, No. 1
International Monetary Fund. Research Dept.
This paper highlights various problems and policies related to latent inflation. Disappointment will undoubtedly be widespread if, after 10 years of inflation control, latent inflation is permitted to become active and there is a considerable rise in prices. It is not unlikely that some governments will feel they simply cannot accept such a policy. However, the prospect of wiping out or working off latent inflation in any moderate period is very slight. There is every reason to deal with the latent inflation as far as possible by absorbing it through taxation and by measures to reduce liquidity. At the same time, with increased output it should be possible to work off part of the latent inflation. Even if it becomes generally recognized that all or most of such inflation cannot be wiped out or worked off, its immediate activation may be unwise. At some stage soon, governments must face the difficulties presented by latent inflation and recognize that a comprehensive program for dealing with it must be put into effect. Unless such programs are adopted, there can be no great confidence that international payments problems can be solved simply by imposing more rigorous and more extensive controls.
Keywords:
SP; currency proceeds; latent inflation; center; proceeds; export; currency; ECA shipment; import restriction; ITO charter; Imports; National income; International trade organizations; Exports; Agricultural commodities; Western Hemisphere; Western Europe; Middle East; Europe; North America; Inflation; import SurplusTerms; PoliciesThe measurement; export price