Narrow search
Showing 1 - 10 of 45
Cover Image
Managing Financial Crises; Recent Experience and Lessons for Latin America
Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
Cover Image
Transparency and International Investor Behavior
Wei, Shang-Jin; Gelos, Gaston - International Monetary Fund (IMF) - 2002
Does country "transparency" affect international portfolio investment? We examine this and related questions using a unique micro dataset on international portfolio holdings. We employ various indices of government and corporate transparency, focusing on the availability and quality of...
Persistent link: https://www.econbiz.de/10005826295
Cover Image
Availability of Financial Soundness Indicators
Slack, Graham L. - International Monetary Fund (IMF) - 2003
Because the wave of financial crises in recent years has spurred analysts' and policymakers' interest in monitoring the vulnerabilities of financial systems, the need for supporting data has increased. This paper presents survey results on the collection, compilation, and dissemination of data...
Persistent link: https://www.econbiz.de/10005826399
Cover Image
Too Much of a Good Thing? Credit Booms in Transition Economies; The Cases of Bulgaria, Romania, and Ukraine
Duenwald, Christoph; Gueorguiev, Nikolay; Schaechter, Andrea - International Monetary Fund (IMF) - 2005
Rapid credit growth in Bulgaria, Romania, and Ukraine has been driven by successful macroeconomic stabilization, robust growth, and capital inflows. While financial deepening is both expected and welcome, the recent expansions appear to have been excessive, as evidenced by widening current...
Persistent link: https://www.econbiz.de/10005826445
Cover Image
Monitoring Systemic Risk Based on Dynamic Thresholds
Lund-Jensen, Kasper - International Monetary Fund (IMF) - 2012
Successful implementation of macroprudential policy is contingent on the ability to identify and estimate systemic risk in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and this conditional probability is modeled in a fixed effect...
Persistent link: https://www.econbiz.de/10011242269
Cover Image
Assessing Competitiveness Using Industry Unit Labor Costs; An Application to Slovakia
International Monetary Fund (IMF); International … - 2012
Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term … competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy … advice. Furthermore, aggregate statistical measures of competitiveness in terms of exchange rate misalignment can be biased …
Persistent link: https://www.econbiz.de/10011242314
Cover Image
The Trade Impact of China on EMU; Is It Even Across Members?
Ruiz, Esther Pérez; Mikkelsen, Uffe - International Monetary Fund (IMF) - 2012
euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area …
Persistent link: https://www.econbiz.de/10011242327
Cover Image
The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics; Many Paths to the Same Endpoint
Kang, Joong Shik; Shambaugh, Jay C. - International Monetary Fund (IMF) - 2013
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances....
Persistent link: https://www.econbiz.de/10011242364
Cover Image
Belgium; 2009 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2010
The 2009 Article IV Consultation highlights that the near-term outlook for Belgium is challenging, with real GDP expected to drop by about 3 percent in 2009 and a gradual recovery projected for 2010. The unemployment rate will continue to rise in 2010, and inflation pressures are expected to...
Persistent link: https://www.econbiz.de/10011242736
Cover Image
Uruguay; Selected Issues
International Monetary Fund (IMF); International … - 2006
appreciation of the peso since early 2004, the discussion on competitiveness has intensified. To assess competitiveness, the paper …
Persistent link: https://www.econbiz.de/10011243482