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World Economic Outlook, April 2018: Cyclical Upswing, Structural Change
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The global economic upswing that began around mid-2016 has become broader and stronger. This new World Economic Outlook report projects that advanced economies as a group will continue to expand above...
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Section:General
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by
International Monetary Fund [IMF] | Published On 01 Apr 2018
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Spillover Effects of Exchange Rates: A Study of the Renminbi
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This paper estimates the impact of China’s exchange rate changes on exports of competitor
countries in third markets, which is called as the “spillover effect. Recent theory is used to
develop an id...
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Section:Working Papers
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by
Aaditya Mattoo | Published On 01 Mar 2012
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Causes of Asset Shortages in Emerging Markets
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In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...
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Section:General
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by
Chen Jiaqian | Published On 01 May 2011
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Staff Guidance Note on Debt Limits in Fund-Supported Programs
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In August 2009, the Executive Board approved new guidelines on external debt limits in Fund-supported programs. Debt limits seek to prevent the build-up of unsustainable debts, while allowing for adeq...
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Section:General
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by
International Monetary Fund | Published On 18 Dec 2009
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Controlled Capital Account Liberalisation: A Proposal
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This paper outlines a proposal for a controlled approach to capital account
liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...
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Section:General
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by
Eswar S. Prasad | Published On 01 Oct 2005
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What Undermines Aid’s Impact on Growth?
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Why it is so hard
to find a robust effect of aid on the long-term growth of poor countries, even those with good
policies. A possible offset to the beneficial effects of aid is examined using a meth...
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Section:Working Papers
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by
Raghuram G. Rajan | Published On 01 Jun 2005
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