Monetary aggregates are the money circulating in an economy to satisfy its current monetary needs. There are two indicators for monetary aggregates collected by the OECD: "narrow money" (M1); a means of exchange and "broad money" (M3); a way to store value. Monetary aggregates are measured as a...

What are the reasons for and the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...

Foreword -- Macro-economic policy -- Trade -- Investment -- Financial regulation -- Science, technology & innovation -- Overview -- Economic Governance -- Taxation -- Anti-corruption -- Illicit financial flows -- Overview -The Environment and Natural resource Security -- Climate change -- Food...

This publication presents the current situation with regard to the magnitude and economic impact of migrants remittances to their countries of origin. In 2004, remittances exceeded official development aid in several emigration countries: they totalled USD 126 billion according to IMF estimates....

Vom 9. bis 10. Dezember 1996 fand in Wien ein Seminar statt, das sich mit dem Umstellungsprozess der Banken der Transformationsländer befaßte. Zu diesem Zeitpunkt befanden sich Rumänien und Bulgarien in schwerwiegenden Reformproblemen, zu deren Lösung dieses Diskussionsforum beitragen...