Showing 1 - 10 of 797
Persistent link: https://www.econbiz.de/10000630405
Persistent link: https://www.econbiz.de/10000888299
Persistent link: https://www.econbiz.de/10013548662
Persistent link: https://www.econbiz.de/10000967231
This paper describes the result and the methodology of updating nominal and real effective exchange rate weights on the basis of trade data over 1999-2001. The underlying framework is an updated version of the IMF''s current effective exchange rate calculation, which uses weights largely based...
Persistent link: https://www.econbiz.de/10014400539
This paper examines the construction of the index and its use over the past seven years, identifies its limitations …
Persistent link: https://www.econbiz.de/10014410091
This note reviews some concepts of global liquidity and discusses measurement approaches that have been used by various interlocutors, including at the BIS, by Fund staff, and in academia. Some measures that could be regularly monitored by policy makers are presented
Persistent link: https://www.econbiz.de/10014410545
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
and world commodity supplies and the real exchange rate and real commodity prices. It is shown that fiscal expansion and … increasing world commodity supplies simultaneously lead to an appreciation of the real exchange rate and a decline in relative … that theory and structure help in predicting commodity prices, although not the exchange rate, and that predictive ability …
Persistent link: https://www.econbiz.de/10014396210
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