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Accounting for Reserves1 »
Source: Accounting for Reserves
Volume/Issue: 2012/302
Series: IMF Working Papers
Author(s): Tamim Bayoumi , and Christian Saborowski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 December 2012
ISBN: 9781475535761
Keywords: Reserve accumulation, current account, capital account, current accounts, capital account liberalization, General,
Views on the effectiveness of sterilized reserve intervention vary. Sterilized intervention is generally seen as ineffective in advanced countries while persistent intervention by some emerging markets is often cit...
Activation of a Modern Industry »
Source: Activation of a Modern Industry
Volume/Issue: 2002/15
Series: IMF Working Papers
Author(s): Danyang Xie , and Ping Wang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2002
ISBN: 9781451843279
Keywords: industrial transformation, subsistence, skilled labor, unemployment, skilled workers, employment, unemployment rate
This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry-wide...
Adding China to the Global Projection Model1 »
Source: Adding China to the Global Projection Model
Volume/Issue: 2013/256
Series: IMF Working Papers
Author(s): Patrick Blagrave , Peter Elliott , Roberto Garcia-Saltos , Douglas Hostland , Douglas Laxton , and Fan Zhang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 December 2013
ISBN: 9781484317631
Keywords: Global Macroeconomic Model, inflation target, real interest rate, General, Global Outlook, General,
We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in shaping global economic outcomes, given its sheer size and trade integration with other key econom...
Africa’s Rising Exposure to China: How Large Are Spillovers Through Trade? »
Source: Africa's Rising Exposure to China : How Large Are Spillovers Through Trade?
Volume/Issue: 2013/250
Series: IMF Working Papers
Author(s): Paulo Drummond , and Estelle Liu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 17 December 2013
ISBN: 9781484311318
Keywords: spillover, panel data, econometrics, export growth, exporters, oil exporters, total exports, General,
The rapid growth in China's domestic investment in recent decades has generated a large appetite for global goods, including from sub-Saharan Africa (SSA). This paper estimates the impact of changes in China's inve...
After the Boom–Commodity Prices and Economic Growth in Latin America and the Caribbean »
Source: After the Boom-Commodity Prices and Economic Growth in Latin America and the Caribbean
Volume/Issue: 2014/154
Series: IMF Working Papers
Author(s): Bertrand Gruss
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 August 2014
ISBN: 9781498363518
Keywords: Global VAR (GVAR), commodity prices, output growth, Latin America, commodity exporters, exporters, commodity exports, Time-Series Models, Open Economy Macroeconomics, Economic Growth of Open Economies
After skyrocketing over the past decade, commodity prices have remained stable or eased somewhat since mid-2011-and most projections suggest they are not likely to resume the upward trend observed in the last decad...
Aging in the Asian 'Tigers' »
Source: Aging in the Asian 'Tigers' : Challenges for Fiscal Policy
Volume/Issue: 1997/143
Series: IMF Working Papers
Author(s): Peter Heller
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1997
ISBN: 9781451856309
Keywords: aging, Asia, demographics, health, medical care, pension, medical insurance, labor force, pension schemes
The paper assesses the government expenditure effects from changing demographics in the Asian “Tiger” economies through 2050. With some exceptions, their limited social insurance commitments initially...
Agricultural Trade and Protection in Asia1/ »
Source: Agricultural Trade and Protection in Asia
Volume/Issue: 1988/63
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 July 1988
ISBN: 9781451963403
Keywords: agricultural trade, average tariff, quantitative restrictions, agricultural commodities, tariff levels
The study reveals agricultural import restrictions are widely applied in Asia, but that Japan and Korea impose lower average tariffs and nontariff barriers with less frequency than most Asian countries. It also fin...
An Analysis of So-Called Export-led Growth »
Source: An Analysis of So-Called Export-led Growth
Volume/Issue: 2008/220
Series: IMF Working Papers
Author(s): Jie Yang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2008
ISBN: 9781451870787
Keywords: Export-led growth, real exchange rate, productivity improvement, export growth, exchange rate, exportable sector, export sector,
The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this...
And Schumpeter Said, "This is How Thou Shalt Grow" »
Source: And Schumpeter Said, "This is How Thou Shalt Grow" : Further Quest for Economic Growth in Poor Countries
Volume/Issue: 2004/40
Series: IMF Working Papers
Author(s): Philippe Beaugrand
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2004
ISBN: 9781451846003
Keywords: Growth, Innovation, Entrepreneurship, Schumpeter, J.A., economic growth, entrepreneurs, per capita income, J.A,
The paper reviews the “stylized facts” on economic growth gathered by Easterly and Levine in their 2001 joint paper and illustrates some of the points made on the basis of data from the IMF’s W...
Are Business Cycles Different in Asia and Latin America? »
Source: Are Business Cycles Different in Asia and Latin America?
Volume/Issue: 1997/9
Series: IMF Working Papers
Author(s): Alexander Hoffmaister , and Jorge Roldos
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1997
ISBN: 9781451927313
Keywords: exchange rate, real exchange rate, terms of trade, exchange rate fluctuations, nominal exchange rate
This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of out...