Showing 1 - 10 of 64
. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and …Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development … focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …
Persistent link: https://www.econbiz.de/10014404799
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10014400085
This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and...
Persistent link: https://www.econbiz.de/10014396358
This paper focuses on principles and various aspects of debt reduction and economic activity. The paper analyzes the effect of debt and debt-service reduction on the contractual and market values of a country's debt and also describes the IMF staff's preliminary attempts to describe and quantify...
Persistent link: https://www.econbiz.de/10014399301
The coronavirus crisis has stiffened debt and development-related headwinds that had become strong even before 2020. Sustaining development while maintaining debt sustainability has been made harder by the protracted effects of the pandemic on public finances, earnings and employment, and human...
Persistent link: https://www.econbiz.de/10015060471
This paper shows that the presence of quotas on imported inputs that are based on installed capacity can lead to capacity underutilization in manufacturing industries of developing countries. A replacement of such quotas, by tariffs leads to full capacity utilization under assumptions of both...
Persistent link: https://www.econbiz.de/10014396017
This note reflects macroeconomic and fiscal forecasts presented with the April 2009 World Economic Outlook, as well as …
Persistent link: https://www.econbiz.de/10014401002
in commodity and asset prices, are leading to sharp increases in deficits and debt stocks around the world. Expansionary … on the April 2009 World Economic Outlook to quantify the fiscal implications of the crisis for a cross-section of …
Persistent link: https://www.econbiz.de/10014404400
The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The “savings-and-investment approach” is used. It shows that there is no...
Persistent link: https://www.econbiz.de/10014396105
This paper discusses the macroeconomic implications of trade reform in the presence of capital account restrictions. The latter is modelled by recognizing prior constraints on free currency convertibility that are imposed via the use of a multiple exchange rate system. The results of the...
Persistent link: https://www.econbiz.de/10014396238