Ms Muffet The Spider Gram And The Web Of Macro Financial Linkages

Author: Ricardo Cervantes
Publisher: International Monetary Fund
ISBN: 1498313116
Size: 44.35 MB
Format: PDF, Mobi
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The global financial crisis has underscored the importance of understanding macro-financial developments and spillovers in an increasingly interconnected and intricate system. At the IMF, staff is focusing on the linkages between the real economy and the financial sector, as well as the inter-relationships between global and individual-country risks. The Country Financial Stability Map provides an empirical framework for explicitly linking these various aspects of the IMF’s surveillance of its member countries. It identifies potential sources of macro-financial risks particular to a country and also enables an assessment of these risks in a global context through comparisons with the corresponding Global Financial Stability Map from the Global Financial Stability Report. The authors have developed an Excel-based tool (“Ms. Muffet”) to facilitate this analysis, which may be replicated by external users with access to the necessary databases, using the accompanying template.

Suriname Selected Issues Paper

Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1498383556
Size: 52.92 MB
Format: PDF, Kindle
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This Selected Issues Paper carries out an empirical analysis of the effects of policies and external shocks on economic activity in Suriname. The estimates are broadly consistent with prior empirical findings. The results reveal a strong contemporaneous correlation between credit and demand, while the empirical link between exports and demand seems slightly weaker. The results for import demand point to a strong correlation between imports and exports. The export variable is highly significant and explains a large fraction of the total variation in imports. An increase in exports of 1 percent is associated with a 0.61 percent increase in imports.

Denmark Financial Sector Assessment Program Macroprudential Policies Technical Note

Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498381367
Size: 23.71 MB
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This technical note discusses significance of macroprudential policies for Denmark. Macroprudential policy seeks to contain the buildup of macrofinancial imbalances associated with credit booms and asset price bubbles, a function which is particularly important in Denmark, where the space for monetary policy action is limited. This note provides an analysis of existing frameworks used in Denmark for identifying systemic risk of both structural and cyclical nature. The note also suggests additional tools that the authorities could use to further enhance their capacity to evaluate systemic risks.

Imf Research Bulletin June 2004 Epub

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1452717052
Size: 71.62 MB
Format: PDF, ePub, Docs
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The IMF Research Bulletin, a quarterly publication, selectively summarizes research and analytical work done by various departments at the IMF, and also provides a listing of research documents and other research-related activities, including conferences and seminars. The Bulletin is intended to serve as a summary guide to research done at the IMF on various topics, and to provide a better perspective on the analytical underpinnings of the IMF’s operational work.

Getting Energy Prices Right From Principle To Practice

Author: Ian W.H. Parry
Publisher: International Monetary Fund
ISBN: 1498343104
Size: 46.10 MB
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Energy taxes can produce substantial environmental and revenue benefits and are an important component of countries’ fiscal systems. Although the principle that these taxes should reflect global warming, air pollution, road congestion, and other adverse environmental impacts of energy use is well established, there has been little previous work providing guidance on how countries can put this principle into practice. This book develops a practical methodology, and associated tools, to show how the major environmental damages from energy can be quantified for different countries and used to design the efficient set of energy taxes. The results, which are illustrated for more than 150 countries, suggest there is pervasive mispricing of energy across developed and developing countries alike with much at stake in policy reform. At a global level, implementing efficient energy prices would reduce carbon emissions by an estimated 23 percent and fossil-fuel air pollution deaths by 63 percent, while raising revenues (badly needed for fiscal consolidation and reducing other burdensome taxes) averaging 2.6 percent of GDP.

How Not To Travel The World

Author: Lauren Juliff
Publisher: Summersdale Publishers LTD - ROW
ISBN: 1783726083
Size: 76.78 MB
Format: PDF, ePub, Docs
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I had no life experience, zero common sense and had never eaten rice. I suffered from debilitating anxiety, was battling an eating disorder and had just had my heart broken. I hoped by leaving to travel the world I would be able to heal myself.' Instead, Lauren’s travels were full of bad luck and near-death experiences. Over the space of a year, she was scammed and assaulted; lost teeth and swallowed a cockroach. She fell into leech-infested rice paddies, was caught up in a tsunami, had the brakes of her motorbike fail and experienced a very unhappy ending during a massage in Thailand. It was just as she was about to give up on travel when she stumbled across a handsome New Zealander with a love of challenges...