- International Monetary Fund
- Published Date:
- January 1994
World Economic and Financial Surveys
This series (ISSN 0258-7440) contains biannual, annual, and periodic studies covering monetary and financial issues of importance to the global economy. The core elements of the series are the World Economic Outlook report, usually published in May and October, and the annual report on International Capital Markets. Other studies assess international trade policy, private market and official financing for developing countries, exchange and payments systems, export credit policies, and issues raised in the World Economic Outlook.
World Economic Outlook: A Survey by the Staff of the International Monetary Fund
The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists’ analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to the market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.
$34.00 (academic rate: $23.00; paper).
1994 (May). ISBN 1-55775-381-4. Stock #WEO-194.
1994 (Oct.). ISBN 1-55775-385-7. Stock #WEO-294.
1993 (May). ISBN 1-55775-286-9. Stock #WEO-193.
1993 (Oct.). ISBN 1-55775-340-7. Stock #WEO-293.
International Capital Markets: Developments, Prospects, and Policy Issues
by an IMF Staff Team led by Morris Goldstein and David Folkerts-Landau
This annual report reviews developments in international capital markets, including recent bond market turbulence and the role of hedge funds, supervision of banks and nonbanks and the regulation of derivatives, structural changes in government securities markets, recent developments in private market financing for developing countries, and the role of capital markets in financing Chinese enterprises.
$20.00 (academic rate: $12.00; paper).
1994. ISBN 1-55775-426-8. Stock #WEO-694.
1993. Part I: Exchange Rate Management and International Capital Flows, by Morris Goldstein, David Folkerts-Landau, Peter Garber, Liliana Rojas-Suarez, and Michael Spencer.
ISBN 1-55775-290-7. Stock #WEO-693.
1993. Part II: Systemic Issues in International Finance, by an IMF Staff Team led by Morris Goldstein and David Folkerts-Landau.
ISBN 1-55775-335-0. Stock #WEO-1293.
Staff Studies for the World Economic Outlook
by the IMF’s Research Department
These studies, supporting analyses and scenarios of the World Economic Outlook, provide a detailed examination of theory and evidence on major issues currently affecting the global economy.
$20.00 (academic rate: $12.00; paper).
1993. ISBN 1-55775-337-7. Stock #WEO-393.
Developments in International Exchange and Payments Systems
by a Staff Team from the IMF’s Exchange and Trade Relations Department
The global trend toward liberalization in countries’ international payments and transfer systems has been most dramatic in central and Eastern Europe. But developing countries in general have brought their exchange systems more in line with market principles and moved toward more flexible exchange rate arrangements, while industrial countries have moved toward more pegged arrangements.
$20.00 (academic rate: $12.00; paper).
1992. ISBN 1-55775-233-8. Stock #WEO-892.
Private Market Financing for Developing Countries
by a Staff Team from the IMF’s Policy Development and Review Department led by Charles Collyns
This study surveys recent trends in private market financing for developing countries, including flows to developing countries through banking and securities markets; the restoration of access to voluntary market financing for some developing countries; and the status of commercial bank debt in low-income countries. $20.00 (academic rate: $12.00; paper).
1993. ISBN 1-55775-361-X. Stock #WE0993.
1992. ISBN 1-55775-318-0. Stock #WEO-992.
Issues and Developments in International Trade Policy
by an IMF Staff Team led by Margaret Kelly and Anne Kenny McGuirk
Since the mid-1980s, most developing countries have moved toward outward-looking, market-oriented policies and have liberalized their trade regimes. At the same time, industrial countries have acted to liberalize financial markets and foreign direct investment, deregulate services, and privatize public enterprises. This study discusses these and other developments in industrial, developing, and transition economies.
$20.00 (academic rate: $12.00; paper).
1992. ISBN 1-55775-311-3. Stock #WEO-1092.
Official Financing for Developing Countries
by a Staff Team from the IMF’s Policy Development and Review Department led by Michael Kuhn
This study provides information on official financing for developing countries, with the focus on low- and lower-middle-income countries. It updates and replaces Multilateral Official Debt Rescheduling: Recent Experience and reviews developments in direct financing by official and multilateral sources.
$20.00 (academic rate: $12.00; paper)
1994. ISBN 1-55775-378-4. Stock #WE0-1394.
Officially Supported Export Credits: Developments and Prospects
This study examines export credit and cover policies in the ten major industrial countries.
$15.00 (academic rate: $12.00; paper).
1990. By G.G. Johnson, Matthew Fisher, and Elliot Harris.
ISBN 1-55775-139-0. Stock #WEO-588.
Available by series subscription or single title (including back issues); academic rate available only to full-time university faculty and students.
Please send orders and inquiries to:
International Monetary Fund, Publication Services, 700 19th Street, N.W.
Washington, D.C. 20431, U.S.A.
Tel.: (202) 623-7430 Telefax: (202) 623-7201
“Administrative Arrangements Regarding the Auction of Government of Canada Securities,”Bank of Canada Review (Summer1993), pp. 71–76.
Altman, Edward I., “Research Update: Mortality Rates and Losses, Bond Rating Drift,” Merrill Lynch Merchant Banking Group (1989).
Bailey, Warren, “Risk and Return on China’s New Stock Markets: Some Preliminary Evidence,” Pacific Basin Finance Journal, Vol. 2 (1994), pp. 243–60.
Bank for International Settlements,International Convergence of Capital Measurement and Capital Standards,Part II (Basle: Bank for International Settlements, July1988).
Bank for International Settlements,International Banking and Financial Market Developments (Basle: Bank for International Settlements, February1994).
Bank for International Settlements,, and Group of Ten, Report of the Committee on Interbank Netting Schemes of the Central Banks of the Group of Ten Countries (Basle: Bank for International Settlements, 1990).
Bank of New York, The Complete Depositary Receipt Directory (New York: Bank of New York, 1993).
Basle Committee on Banking Supervision, “The Supervisory Treatment of Market Risks” (Basle: Basle Committee on Banking Supervision, April1993).
Battley, Nick,ed., The World’s Futures Options Markets (Chicago: Probus Publishing Company, 1993).
Bell, Michael W., and others,China at the Threshold of a Market Economy, IMF Occasional Paper No. 107 (Washington: International Monetary Fund, September1993).
Bi, Keqian, “Credit Markets in China,” Columbia Journal of World Business, Vol. 28 (Fall1993), pp. 76–95.
Bikhchandani, Sushil, and Chi-fuHuang, “The Economics of Treasury Securities Markets,” Journal of Economic Perspectives, Vol. 7, No. 3 (Summer1993), pp. 117–34.
Blommestein, Hans J., and Michael G.Spencer, “The Role of Financial Institutions in the Transition to a Market Economy,” IMF Working Paper No. 93/75 (Washington: International Monetary Fund, October1993).
Board of Governors of the Federal Reserve System, Flow of Funds Accounts, Third Quarter 1993 (Washington: Board of Governors of the Federal Reserve System, December1993).
Board of Governors of the Federal Reserve System(1994a), Federal Reserve Bulletin, Vol. 80, No. 1 (January1994).
Board of Governors of the Federal Reserve System(1994b), Federal Reserve Bulletin, Vol. 80, No. 3 (March1994).
Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation, and Office of the Comptroller of Currency, “Derivative Product Activities of Commercial Banks: Joint Study Conducted in Response to Questions Posed by Senator Riegle on Derivative Products,” January27, 1993, Exhibit 1.
Bröker, Günther,Government Securities and Debt Management in the 1990s (Paris: Organization for Economic Cooperation and Development, 1993).
Campbell, John Y., and Kenneth A.Froot, “International Experiences with Securities Transactions Taxes,” NBER Working Paper No. 4587 (Cambridge, Massachusetts: National Bureau of Economic Research, December1993).
Chen, Yung-Sheng, “New Developments in Mainland China’s Securities Markets,” Issues and Studies, Vol. 27 (August1991), pp. 82–103.
Chuhan, Punam, “Are Institutional Investors an Important Source of Portfolio Investment in Emerging Markets?” World Bank Policy Research Paper No. 1243 (Washington: World Bank, January1994).
Collyns, Charles, and others,Private Market Financing to Developing Countries, World Economic and Financial Surveys (Washington: International Monetary Fund, December1993).
European Community, Council Directive 93/6/EEC, “On the Capital Adequacy of Investments Firms and Credit Institutions,” Official Journal of the European Communities (Luxembourg, June11, 1993).
Evans, Nicolas, “The Global Bond Era Dawns,” Euroweek (September24, 1993), pp. 10–17.
Federal Register, Vol. 58, No. 176 (September14, 1993), p. 482–06.
Federal Reserve Bank of New York, “Administration of Relationships with Primary Dealers,” Appendix E in U.S. Department of the Treasury, U.S. Securities and Exchange Commission, and Board of Governors of the Federal Reserve System, Joint Report on the Government Securities Market (Washington: U.S. Government Printing Office, January1992).
Feldman, Robert, and RajnishMehra, “Auctions: Theory and Applications,” Staff Papers, International Monetary Fund, Vol. 43 (September1993), pp. 485–511.
“Financial Centre Germany: Underlying Conditions and Recent Development,”Monthly Report of the Deutsche Bundesbank, Vol. 44, No. 3, March1992, pp. 23–31.
Folkerts-Landau, David, and Peter M.Garber, “The European Central Bank: A Bank or a Monetary Policy Rule?” NBER Working Paper No. 4016 (Cambridge, Massachusetts: National Bureau of Economic Research, March1992).
Giavazzi, Francesco, and MarcoPagano, “Confidence Crises and Public Debt Management,” in Public Debt Management: Theory and History, ed. by RudigerDornbusch and MarioDraghi (Cambridge: Cambridge University Press, 1990).
Global Derivatives Study Group, Derivatives: Practices and Principles (Washington: Group of Thirty, 1993).
Goldstein, Morris, DavidFolkerts-Landau, and others,International Capital Markets: Developments, Prospects, and Policy Issues, World Economic and Financial Surveys (Washington: International Monetary Fund, September1992).
Goldstein, Morris, DavidFolkerts-Landau, (1993a), International Capital Markets: Part I Exchange Rate Management and International Capital Flows, World Economic and Financial Surveys (Washington: International Monetary Fund, April1993).
Goldstein, Morris, DavidFolkerts-Landau, (1993b), International Capital Markets: Part II. Systemic Issues in International Finance, World Economic and Financial Surveys (Washington: International Monetary Fund, August1993).
Goulder, Lawrence H., “Implications of Introducing U.S. Withholding Taxes on Foreigners’ Interest Income,” in Tax Policy and the Economy, ed. by Lawrence H.Summers (Cambridge, Massachusetts: MIT Press, 1990).
Greenspan, Alan,Testimony Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate (Washington, March2, 1994).
Howell, Michael J., AngelaCozzini, and LuciGreenwood,Cross-Border Capital Flows: A Study of Foreign Equity Investment—1991/92 Review (London: Baring Securities, 1993).
Howell, Michael J., AngelaCozzini, and LuciGreenwood,North America, Europe, Africa, Pacific Rim, and Latin America: Global and Emerging Markets Strategy (London: Baring Securities, April1994).
Hu, Yebi,China’s Capital Market (Hong Kong: Chinese University Press, 1993).
Huizinga, Harry, “Withholding Taxes and the Cost of Public Debt,” IMF Working Paper No. 94/18 (Washington: International Monetary Fund, February1994).
International Finance Corporation, Quarterly Review of Emerging Markets, Fourth Quarter 1993 (Washington: International Finance Corporation, 1994).
International Monetary Fund, World Economic Outlook, October 1993: A Survey by the Staff of the International Monetary Fund, World Economic and Financial Surveys (Washington: International Monetary Fund, October1993).
International Monetary Fund, World Economic Outlook, April 1994: A Survey by the Staff of the International Monetary Fund, World Economic and Financial Surveys (Washington: International Monetary Fund, April1994).
Investment Company Institute, Mutual Fund Factbook (Washington: Investment Company Institute, 33rd ed., 1993).
Kleiman International Consultants, Fifth Annual Emerging Stock Markets Survey (November1993).
Kroszner, Randall S., “An International Comparison of Primary Government Securities Markets,” in U.S. Securities Market: The Scholars’ Assessment, Vol. 1 (Chicago: MidAmerica Institute, April1993).
Loser, Claudio, and EliotKalter,eds., Mexico: The Strategy to Achieve Sustained Economic Growth, IMF Occasional Paper No. 99 (Washington: International Monetary Fund, September1992).
McDonough, William J.,Remarks Before the Sixty-Sixth Annual Mid-Winter Meeting of the New York State Bankers Association (March1994).
Miller, Merton, “Functional Regulation,” Address at the Fifth Annual Pacific-Basin Capital Markets Finance Conference (Kuala Lumpur, June1993).
Moody’s Bond Survey, March7, 1994.
Mullins, David W., Jr.,Statement Before the Subcommittee on Securities of the Committee on Banking, Housing, and Urban Affairs, U.S. Senate (Washington, January23, 1992); reproduced in Board of Governors of the Federal Reserve System, Federal Reserve Bulletin, Vol 78, No. 3 (March1992), pp. 195–98.
Mussa, Michael, and MorrisGoldstein, “The Integration of World Capital Markets,” in Changing Capital Markets: Implications for Monetary Policy (Kansas City: Federal Reserve Bank of Kansas City, 1993).
Pensions and Investments, January25, 1993.
Pensions and Investments, January24, 1994.
Pirrong, S. Craig, “The Market for Treasury Derivative Securities: Microstructure and Market Power,” in U.S. Treasury Securities Market: The Scholars’ Assessment, Vol. 1 (Chicago: MidAmerica Institute, April1993).
Quale, Andrew, “Legal Primer for Non-U.S. Issuers Raising Financing in the United States,” paper presented at the Second Annual Conference on Emerging Market High-Yield Sovereign and Corporate Bonds (New York, January22, 1993).
Republic New York Securities, Year End Hedge Fund Review 1993 (1994).
Rodriguez, Anthony P., “Government Securities Investments of Commercial Banks,” Quarterly Review, Federal Reserve Bank of New York (Summer1993), pp. 39–53.