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The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting … would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate …
Persistent link: https://www.econbiz.de/10011142116
Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic performance in the region. Using the latest...
Persistent link: https://www.econbiz.de/10005263757
This paper takes stock of the evolution of the international monetary system over the last thousand years. Several points stand out from the analysis. One is the reluctance of governments to embrace radical changes in international monetary relations. Another is the conflict between external and...
Persistent link: https://www.econbiz.de/10005264089
Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry Dexter White. Several of those features are attributable primarily to White, including the adoption of fixed but adjustable exchange rates, the funding of operations with...
Persistent link: https://www.econbiz.de/10005768807
prices. Results show that gold is unique among commodities, with prices reacting to specific scheduled announcements in the … United States and the Euro area (such as indicators of activity or interest rate decisions) in a manner consistent with gold … on information on price fundamentals, which are reflected in the release of macroeconomic announcements. …
Persistent link: https://www.econbiz.de/10008528618
The vast mineral deposits of Mongolia, if properly managed, could make available large budgetary resources, which would help address a wide range of its economic challenges. This report focuses on Mongolia’s selected issues in the mining sector, government employment and wages, and saving...
Persistent link: https://www.econbiz.de/10011243148
This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main...
Persistent link: https://www.econbiz.de/10011243330
The report gives an assessment on the bauxite and aluminium industry of Guinea. The study assesses the performance, structure, and prospects of the industry as well as transparency and governance issues. The report also show the IMF's estimates on Guinea's social, demographic, economic, and...
Persistent link: https://www.econbiz.de/10011243719
natural resources. The Malian mining sector essentially consists of gold mining. The diversification policy is a failure at … than by gold in the short or medium term. …
Persistent link: https://www.econbiz.de/10011243757
Persistent link: https://www.econbiz.de/10011244028