Similar Search Results

Net Foreign Assets and International Adjustment in the United States, Japan and the Federal Republic of Germany

International Monetary Fund - 1989

This paper examines external adjustment in the U.S., Japan and Germany from the perspective of net foreign asset …

Persistent link: https://www.econbiz.de/10014396281

Exchange Rate Fluctuations, Pass-Through, and Market Share

International Monetary Fund - 1989

When the exchange rate fluctuates and the market exhibits hysteresis, planning horizons of domestic and foreign competitors will matter in determining pass-through as well as relative market shares of these firms. Using the Cournot duopoly model, it is shown that if the foreign exporter is a...

Persistent link: https://www.econbiz.de/10014396230

Valuation of Menu items in Debt Restructuring

International Monetary Fund - 1989

This paper outlines a procedure for calculating the cash value of “menu items” in debt restructuring proposals, including par and non-par exchanges, with enhancements consisting of either interest or principal guarantees. It is argued that under certain plausible assumptions interest and...

Persistent link: https://www.econbiz.de/10014396239

Kingdom of Lesotho : Selected Issues and Statistical Appendix

International Monetary Fund - 2008

The challenge of achieving broad-based growth in Lesotho is discussed. Economic growth is inconsistent. Lesotho is highly dependent on trade with South Africa. The sources of growth in Lesotho using a social accounting matrix model and a growth-accounting framework are outlined. The main...

Persistent link: https://www.econbiz.de/10014405058

Kingdom of Lesotho : Selected Issues and Statistical Appendix

International Monetary Fund - 2005

This Selected Issues paper on the Kingdom of Lesotho reviews the broad objectives and key institutional features of the Common Monetary Area (CMA) relating to currency arrangements. The CMA Agreement provides for the three small member countries to have access to South African capital and money...

Persistent link: https://www.econbiz.de/10014405576

Arab Republic of Egypt : Selected Issues

International Monetary Fund - 2007

This Selected Issues paper examines whether Egypt’s current account and exchange rate are in broad equilibrium. The paper analyzes areas of fiscal spending that have the biggest saving potential in a cross-country perspective. An assessment of Egypt’s real exchange rate is presented. The...

Persistent link: https://www.econbiz.de/10014405868

Arab Republic of Egypt : Selected Issues

International Monetary Fund - 2005

This Selected Issues paper on the Arab Republic of Egypt examines the dynamic relationship between the nominal exchange rate and prices during Egypt’s exit from a managed exchange rate regime. The exit from the peg went through several phases, including a series of step devaluations between...

Persistent link: https://www.econbiz.de/10014406070

2015 External Sector Report

International Monetary Fund - 2015

After narrowing modestly in 2013, the global scale of current account imbalances, and of excess imbalances, held steady in 2014. Over the last several years, while the country composition of imbalances has rotated somewhat, overall there has been little progress on reducing excess imbalances....

Persistent link: https://www.econbiz.de/10014408543

2016 External Sector Report

International Monetary Fund - 2016

widening of current account imbalances was largely driven by systemic economies. Surpluses in Japan, the euro area and China … expanded in 2015. External positions in the U.S. and Japan moved from being broadly in line with fundamentals to being … which remain 'substantially stronger' than fundamentals (Germany, Korea). Currency movements since end-2015 helped to …

Persistent link: https://www.econbiz.de/10014408606

Method of Collecting Exchange Rates for the Calculation of the Value of the SDR for the purposes of Rule 0-2(a)

International Monetary Fund - 2016

This paper proposes modifications to the method of collecting exchange rates for the calculation of the value of the SDR for the purposes of Rule O-2(a). The value of the SDR in terms of the U.S. dollar is determined daily as the sum of the equivalents in U. S. dollar values of the amounts of...

Persistent link: https://www.econbiz.de/10014408667