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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
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Adopting the Euro in Central Europe; Challenges of the Next Step in European Integration
International Monetary Fund (IMF); International … - 2005
Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national currency with the euro, but can choose when to request...
Persistent link: https://www.econbiz.de/10005767345
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The Real Exchange Rate and Employment in China
Dao, Mai; Chen, Ruo - International Monetary Fund (IMF) - 2011
We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008 …. In contrast to theoretical predictions, employment in both the tradable and non-tradable sectors contracts following a … with employment data at the region-sector level. The results of this paper have important implications for China's labor …
Persistent link: https://www.econbiz.de/10009151232
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Output and Unemployment Dynamics During the Great Recession; A Panel Unobserved Components Analysis
Vitek, Francis - International Monetary Fund (IMF) - 2010
This paper analyzes the sources of output and unemployment dynamics in the world economy during the Great Recession …
Persistent link: https://www.econbiz.de/10008646428
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Hong Kong SAR; Meeting the Challenges of Integration with the Mainland
Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
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A Theory of Optimum Currency Areas: Revisited
Flood, Robert P.; Aizenman, Joshua - International Monetary Fund (IMF) - 1992
Starting with Friedman and Mundell the academic literature has conducted a high level debate concerning the design of cross-country monetary arrangements. That debate has become very complex and the data requirements necessary for appropriate application of the principles developed are far...
Persistent link: https://www.econbiz.de/10005605314
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Saudi Arabia; 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2011
Over the last few decades, the economy of Saudi Arabia has strengthened, as oil prices increased with the rebound in global economic activity. Despite this, vulnerabilities to a sustained decline in the oil price have increased. Executive Directors have commended the authorities for their...
Persistent link: https://www.econbiz.de/10011245632
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Singapore; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Singapore
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation highlights that Singapore’s economy has recovered rapidly since mid-2003, having weathered a series of adverse shocks since the Asian crisis. This turnaround owes much to a favorable external environment, supportive macroeconomic policies, and continued...
Persistent link: https://www.econbiz.de/10011245850
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Algeria; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with …
Persistent link: https://www.econbiz.de/10011244528
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Mauritius; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2006
The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the expiration of the preferential trade arrangements....
Persistent link: https://www.econbiz.de/10011244211