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This paper seeks Board approval of a phased migration strategy for implementing the GFSM 2001 as the standard for Fund fiscal data. The financial crisis has underscored the need for better and more comparable fiscal data, including on government assets and liabilities. In 2005, the Board...
Persistent link: https://www.econbiz.de/10014410212
/CFT) measures for Germany. The report reveals that Germany has introduced a number of measures in recent years to strengthen its AML …/CFT regime. Germany has generated a relatively large number of prosecutions for money laundering and orders to confiscate assets …. These achievements occurred even though Germany has shortcomings identified in this assessment against the Financial Action …
Persistent link: https://www.econbiz.de/10014399245
Persistent link: https://www.econbiz.de/10000543705
The global crisis has underscored the need for effective global financial safety nets to protect countries with sound policy frameworks from adverse outcomes. Complementing the traditional crisis resolution role of the IMF, which has been instrumental during the recent crisis and is expected to...
Persistent link: https://www.econbiz.de/10014410152
-looking monetary policy decisions. The bias is higher for countries whose monetary policy was more independent of Germany …
Persistent link: https://www.econbiz.de/10014400699
Market reaction to a change in official interest rates will depend on the extent to which the change is anticipated, and on how it is interpreted as a signal of future policy. In this paper, a technique is developed to separate the anticipated and unanticipated components of such changes and is...
Persistent link: https://www.econbiz.de/10014400820
This 2002 Article IV Consultation highlights that Germany’s economy is poised for a fragile recovery, after having …
Persistent link: https://www.econbiz.de/10014406353
economic environment and policies. Declining labor shares, wage moderation, and employment performance in Germany and the …
Persistent link: https://www.econbiz.de/10014402633
This paper assesses the role of the deutsche mark as a key international currency. It first investigates the theoretical basis underlying the international use of a currency. Theoretical considerations indicate that several factors relating to the issuing country—including inflation...
Persistent link: https://www.econbiz.de/10014396438
, Germany, Japan, the United Kingdom, and the United States for implementing monetary policy in the short run. The analysis …
Persistent link: https://www.econbiz.de/10014396489