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Growth in East Asia : What We Can and What We Cannot infer

International Monetary Fund - 1996

Province of China) as ""miraculous."" This papercritically reviews the reasons alleged for this extraordinary growth.It weighs …

Persistent link: https://www.econbiz.de/10014402766

A Model of Adjustment and Growth : An Empirical Analysis

International Monetary Fund - 1989

This paper develops a model merging the monetary approach to the balance of payments and a neoclassical growth model into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined. The empirical part of the paper presents estimates of the key...

Persistent link: https://www.econbiz.de/10014396167

Theoretical Aspects of Growth in Developing Countries : External Debt Dynamics and the Role of Human Capital

International Monetary Fund - 1988

This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...

Persistent link: https://www.econbiz.de/10014396208

Does the Exchange Regime Matter for inflation and Growth?

International Monetary Fund - 1996

Although the theoretical relationships are ambiguous, evidence suggestsa strong link between the choice of the exchange rate regime and economicperformance. The paper argues that adopting a pegged exchange rate canlead to lower inflation, but also to slower growth in productivity. Itfinds that...

Persistent link: https://www.econbiz.de/10014399171

Human Capital Flight : Impact of Migrationon Income and Growth

International Monetary Fund - 1994

This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...

Persistent link: https://www.econbiz.de/10014395877

Stabilization and Growth in an Open Islamic Economy

International Monetary Fund - 1988

Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and profit sharing. Using a general equilibrium model, this paper investigates some open-economy implications of the adoption of Islamic banking for growth and stabilization of the...

Persistent link: https://www.econbiz.de/10014396001

Making Debt Work For Development and Macroeconomic Stability

International Monetary Fund - 2022

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

Poverty Reduction and Growth Trust : 2017 Borrowing Agreements with the Bank of Spain, the Government of Japan and the People's Bank of China

International Monetary Fund - 2017

the People's Bank of China (China). The new borrowing agreement with Spain, the amendments to the NPA with Japan, and the … new NPA with China provide new resources of SDR 450 million, SDR 1.8 billion and SDR 800 million, respectively, to the … February 22, 2017, for Spain; April 20, 2017, for Japan; and April 21, 2017, for China. Pursuant to Section III, paragraph 2 of …

Persistent link: https://www.econbiz.de/10014408739

Why is China Growing So Fast?

International Monetary Fund - 1997

Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will belarger than that of the United States. This pamphlet analyzes the reasonsfor the...

Persistent link: https://www.econbiz.de/10014403126

Employment Effects of Growth Rebalancing in China

International Monetary Fund - 2009

This paper gauges the potential effects on employment of rebalancing China''s exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China''s case … paper shows that while rebalancing China''s growth toward a domestic-demand-led economy would likely raise aggregate …

Persistent link: https://www.econbiz.de/10014402469

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