Showing 1 - 10 of 94
international asset positions now dwarfing output, global portfolio allocations and reallocations have profound effects on the world …
Persistent link: https://www.econbiz.de/10014410409
system, underscoring the value of a GFSN design that is effective in forestalling the risk that a localized liquidity shock …
Persistent link: https://www.econbiz.de/10014410443
The global financial crisis underscored the costs of systemic instability at both the national and global levels and highlighted the importance of dedicated macroprudential and capital flow management policies. The IMF has been assisting its members with policy advice as well as developing and...
Persistent link: https://www.econbiz.de/10014408571
increased crisis risk -making countries vulnerable to abrupt changes in market sentiment, jeopardizing both stability and growth …
Persistent link: https://www.econbiz.de/10015060471
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment rates in Arab countries have increased over the past...
Persistent link: https://www.econbiz.de/10014408616
In recent months, a number of Directors have expressed support in the Executive Board for a further extension of the temporary exceptional interest waiver on concessional lending. An extension would send a signal of the Fund's continued support for Low-Income Countries at a time when the global...
Persistent link: https://www.econbiz.de/10014410374
Background. The case for sovereign state-contingent debt instruments (SCDIs) as a countercyclical and risk-sharing tool … risk diversification for investors, and enhance the resilience of the international financial system. Should SCDI issuance … conventional debt; pro-cyclical investor demand; migration of excessive risk to the private sector; and adverse political economy …
Persistent link: https://www.econbiz.de/10014408735
Persistent link: https://www.econbiz.de/10014409721
Reform package. Comprehensive reform of Fund governance-encompassing quotas, ministerial engagement and oversight, the size and composition of the Executive Board, voting rules, management selection, and staff diversity-is essential to enhancing the Fund's long-term legitimacy and effectiveness....
Persistent link: https://www.econbiz.de/10014410320
The paper explores the pros and cons of maintaining the current 'freely usable currency' criterion, and clarifies indicators for assessing it. The freely usable concept and its two key elements-currencies should be "widely used" and "widely traded"-are set out in the Articles and serve important...
Persistent link: https://www.econbiz.de/10014410363