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Reconstructing the World Economy

Reconstructing the World Economy »

Series: Seminar Volumes

Author(s): Il SaKong , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2010

DOI: http://dx.doi.org/10.5089/9781589069770.072

ISBN: 9781589069770

Keywords: inflation, current account, financial system, central bank, monetary policy

This volume presents papers from a conference organized by the Korea Development Institute and the IMF. The purpose of this high-level conference was for policymakers and academics from the Asian region and from G-...

Research Activities of the IMF, January 1991-December 1998
			: January 1991-December 1998

Research Activities of the IMF, January 1991-December 1998 : January 1991-December 1998 »

Series: Other Statistical Electronic Products

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 1999

DOI: http://dx.doi.org/10.5089/9781557758606.038

ISBN: 9781557758606

Keywords: paper, monetary fund, inflation, monetary policy, central bank

A selective index of major research papers prepared by IMF staff in 1991-98....

IMF Financial Operations 2014

IMF Financial Operations 2014 »

Series: Books

Author(s): International Monetary Fund. Finance Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 October 2014

DOI: http://dx.doi.org/10.5089/9781484318928.071

ISBN: 9781484318928

Keywords: debt relief, balance of payments, central bank, general resources account, monetary fund, IFO

IMF Financial Operations 2014 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also pr...

Forum: Lessons from two emerging giants: China and India

Forum: Lessons from two emerging giants: China and India »

Source: IMF Survey, Volume 34, Issue 22

Volume/Issue: 34/22

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

ISBN: 9781451939019

Keywords: regional cooperation, international monetary fund, central bank, external trade

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...

Rethinking Macroeconomic Policy1

Rethinking Macroeconomic Policy1 »

Source: Rethinking Macroeconomic Policy

Volume/Issue: 2010/03

Series: IMF Staff Position Notes

Author(s): Olivier Blanchard , Giovanni Dell'Ariccia , and Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2010

ISBN: 9781455224982

Keywords: Bank credit, Bank regulations, Bank supervision, Central bank role, Economic policy, Economic stabilization, Financial crisis, Financial intermediation, Fiscal policy, Inflation targeting

The great moderation lulled macroeconomists and policymakers alike in the belief that we knew how to conduct macroeconomic policy. The crisis clearly forces us to question that assessment. In this paper, we review...

17 Reform of Monetary Instruments in Southeast Asia

17 Reform of Monetary Instruments in Southeast Asia »

Source: Frameworks for Monetary Stability : Policy Issues and Country Experiences

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1994

ISBN: 9781557754196

Keywords: central bank, monetary policy, interest, inflation, payments

Many of the developing countries of Asia have deregulated and developed their financial systems since the early 1980s. This trend has had important implications for the conduct of monetary policy. The previo...

CHAPTER 1. A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies

CHAPTER 1. A Strategy for Renormalizing Fiscal and Monetary Policies in Advanced Economies »

Source: Reconstructing the World Economy

Series: Seminar Volumes

Author(s): Il SaKong , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2010

ISBN: 9781589069770

Keywords: inflation, current account, financial system, central bank, monetary policy

1.1. Introduction In response to the worst economic crisis since the 1930s, government budgets and central banks have provided substantial support for aggregate demand and for the fi...

Chapter 2. Rethinking Macroeconomic Policy

Chapter 2. Rethinking Macroeconomic Policy »

Source: Reconstructing the World Economy

Series: Seminar Volumes

Author(s): Il SaKong , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2010

ISBN: 9781589069770

Keywords: inflation, current account, financial system, central bank, monetary policy

2.1. Introduction It was tempting for macroeconomists and policymakers alike to take much of the credit for the steady decrease in cyclical fluctuations from the early 1980s on and t...

CHAPTER 3. “Rethinking Macroeconomic Policy”: Comments

CHAPTER 3. “Rethinking Macroeconomic Policy”: Comments »

Source: Reconstructing the World Economy

Series: Seminar Volumes

Author(s): Il SaKong , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2010

ISBN: 9781589069770

Keywords: inflation, current account, financial system, central bank, monetary policy

The paper by Olivier Blanchard, Giovanni Dell’Ariccia, and Paolo Mauro is an important contribution to the current debate on the causes of the failure of macroeconomics in general and many sophisticated fore...

CHAPTER 4. Toward a Stability-Oriented Policy Framework

CHAPTER 4. Toward a Stability-Oriented Policy Framework »

Source: Reconstructing the World Economy

Series: Seminar Volumes

Author(s): Il SaKong , and Olivier Blanchard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 July 2010

ISBN: 9781589069770

Keywords: inflation, current account, financial system, central bank, monetary policy

In discussing the current macroeconomic framework, I will focus on the institutional aspects that have proved successful, in particular from the European perspective. These are central bank independence, the...