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This paper explains different features of the MULTI-region econometric MODel (MULTIMOD). MULTIMOD is designed to examine the effects on that baseline of scenarios that involve changes in policies in major countries and other exogenous changes in the economic environment. The Mark II version...
Persistent link: https://www.econbiz.de/10014399223
The global policy agenda that follows recalibrates priorities to meet the new reality we are facing. The IMF also continues to adjust to respond to the rapidly evolving needs of our membership. Our flexibility has been evident over the past two years of the COVID crisis: unprecedented emergency...
Persistent link: https://www.econbiz.de/10015060477
This paper discusses principles and functions of the IMF. The IMF is a specialized agency of the United Nations system set up by treaty in 1945 to help promote the health of the world economy. Through its work, the IMF helps to keep the world economy running as smoothly as possible. Its work is...
Persistent link: https://www.econbiz.de/10014397381
Persistent link: https://www.econbiz.de/10009515579
, liberalizing the financial system, building out China’s social safety net, and capitalizing on urbanization, among others …
Persistent link: https://www.econbiz.de/10014403039
The Asian crisis hit the Hong Kong Special Administrative Region (SAR) economy hard in 1998, despite its generally strong fundamentals. In response to the crisis, the authorities eased fiscal policy—within the framework of a medium plan to restore budget balance, and significantly strengthened...
Persistent link: https://www.econbiz.de/10014403486
that China faces. The government recognizes the need to contain investment and credit growth, and has tightened the …
Persistent link: https://www.econbiz.de/10014404658
This 2004 Article IV Consultation highlights that China has continued its rapid economic growth and integration into …
Persistent link: https://www.econbiz.de/10014407095
The staff report for the 2005 Article IV Consultation on the People’s Republic of China highlights economic … imbalances would also threaten China’s growth, as economic activity in all countries would likely suffer lingering adverse …
Persistent link: https://www.econbiz.de/10014405552
effects. The note also discusses China’s evolving role in global trade, impact of rebalancing on the supply chain, estimating … China’s spillovers, elasticities approach, factor pricing, overcapacity, and sustainability risks. It elaborates on the … impact of competition from Brazil and Mexico, China’s closed capital account and capital flows to emerging markets, the …
Persistent link: https://www.econbiz.de/10014398327