Volume/Issue: 2015/256
Series: IMF Working Papers
Author(s):
Swarnali Ahmed
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
December
2015
ISBN: 9781498367196
After more than six years of ultra-low interest rates, a Fed liftoff (rate hike) is just a matter of time. This paper goes back to history to understand the spillover effect - or what is termed in the paper as the...
Volume/Issue: 2015/256
Series: IMF Working Papers
Author(s):
Swarnali Ahmed
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
December
2015
DOI: http://dx.doi.org/10.5089/9781498367196.001
ISBN: 9781498367196
After more than six years of ultra-low interest rates, a Fed liftoff (rate hike) is just a matter of time. This paper goes back to history to understand the spillover effect - or what is termed in the paper as the...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
The sources of external imbalances in the run-up to the financial crisis vary widely across the seven systemic economies studied here, largely reflecting factors that have led domestic saving behavior to dif...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
China’s rapid growth has been accompanied by large external surpluses, reflecting an exceptionally high level of national saving. Behind this high saving lie a number of distortions that have re...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
France’s external balances over the past decade have gradually deteriorated from surplus to moderate deficit, reflecting worsening competitiveness on the back of declining trend growth. Rising p...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
Germany has had large external surpluses over the past decade, while the public debt level has remained high. Large current account surpluses can be attributed to a confluence of factors, includ...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
India’s fiscal imbalances have remained large despite a sustained period of high economic growth. Large budget deficits and high public debt can be traced to a political economy that exerts stro...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
Japan has sustained fiscal deficits over many years that have led to a dramatic increase in public debt. Large fiscal deficits have resulted from persistently low growth—reflecting a trend decli...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
In the wake of the financial crisis, policymakers around the world renewed their focus on key imbalances in major economies with an eye toward reducing vulnerabilities that led to market upheaval and global...
Series: Books
Author(s):
Hamid Faruqee
, and
Krishna Srinivasan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2013
ISBN: 9781475573664
The United Kingdom’s key imbalances over the past decade originate in low saving. Growth has been reliant on private and public consumption financed by high domestic and external borrowing. Publ...