1993 World Economic And Financial Surveys

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 210 pages
File Size : 53,9 Mb
Release : 1993-10-30
Category : Business & Economics
ISBN : 1455292001

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World Economic Outlook, October 1993 by International Monetary Fund. Research Dept. Pdf

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 142 pages
File Size : 41,5 Mb
Release : 1994-01-15
Category : Business & Economics
ISBN : 1557753377

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Staff Studies for the World Economic Outlook, December 1993 by International Monetary Fund Pdf

This paper focuses on the private nonfinancial sectors of the affected economies, financial liberalization provided households and businesses with greater access to credit markets. This contributed to the long period of expansion during the 1980s. Partly as a result of major changes to the financial systems, several industrial countries had a boom in asset markets associated with a period of asset accumulation, an unprecedented buildup of debt, a sharp increase in relative asset prices, and related increases in household wealth. The expansion in household financial activity in the United Kingdom during the 1980s was paralleled by a sizable boom in investment spending and an increase in corporate debt. The structure of balance sheets was also affected by mergers and acquisitions that led to a further expansion in corporate debt. New types of bank loans and accounts have prevented even greater disintermediation but have also reduced net interest margins because more deposits now earn market-related rates of return.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 82 pages
File Size : 50,8 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 9781451940084

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1993 World Economic and Financial Surveys by International Monetary Fund Pdf

This paper provides information on private market financing for developing countries, covering developments since August 1992. Progress in dealing with bank debt problems has been based in large part on persistence in the pursuit of stabilization and reform programs. Such programs have resulted in strengthened external positions that have allowed debtor countries to accumulate reserves for use in debt-reduction operations. All of the countries where negotiations are now continuing had at some point suspended payments on medium- and long-term debt. Banks have recognized that resumption of regular (albeit partial) payments can be politically difficult in the absence of a quid pro quo. The group of middle-and lower-middle income countries with debt problems still to come to terms with bank creditors on debt-reduction packages is now limited. Many of these remaining countries (including Bulgaria, Ecuador, Panama, Peru, and Poland) have already begun negotiations with creditor banks.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 96 pages
File Size : 54,7 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 1557752907

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World Economic and Financial Surveys, 1993 by International Monetary Fund Pdf

This paper examines the implications of the growth and integration of international capital markets for the management of exchange rates, with particular attention to the inferences that can be drawn from the currency turmoil that shook the European Monetary System (EMS) last fall and winter. The resources available to the private sector for taking positions in the forex market are now much larger than even those of the Group of Ten central banks. When private markets, led by the increasing financial muscle of institutional investors, reach the concerted view (rightly or wrongly) that the risk/return outlook for a particular currency has deteriorated significantly, the defending central bank could be faced with a run that could easily amount to, say, $100–200 billion or more within a week. The range of private market participants involved in last fall’s crisis in European currency markets was broad—encompassing banks, securities houses, institutional investors, hedge funds, and corporations. However that wide participation explains in part why the funds that flooded into central banks were so massive.

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 210 pages
File Size : 52,6 Mb
Release : 1993-10-30
Category : Business & Economics
ISBN : 1557753407

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World Economic Outlook, October 1993 by International Monetary Fund. Research Dept. Pdf

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 778 pages
File Size : 42,5 Mb
Release : 1993-03-15
Category : Business & Economics
ISBN : 9211613523

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System of National Accounts, 1993 by International Monetary Fund Pdf

The 1993 SNA represents a major advance in national accounting. While updating and clarifying the 1968 SNA, the 1993 SNA provides the basis for improving compilation of national accounts statistics, promoting integration of economic and related statistics, and enhancing analysis of economic developments. The 1993 SNA deals more clearly with relationships between economic flows (such as production, income, savings, accumulation, and financing) and links between these flows and stocks. At the same time the 1993 SNA reflects the many significant developments that have taken place in financial markets and completes the integration of balance sheets into the system. The 1993 SNA also suggests how satellite accounts (e.g. environmental accounts) and alternative classifications (e.g., through social accounting matrices) an be used to augment the central framework of the system.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 120 pages
File Size : 49,5 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 9781451938906

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1993 World Economic and Financial Surveys by International Monetary Fund Pdf

This paper discusses systematic issues in international finance explained in the International Capital Markets report. The paper describes that the nature and extent of recent banking problems in several industrial countries along with the policy responses to those problems. It is observed that balance sheet problems in banking are widespread among the major industrial countries. The paper also analyses recent activity in the European currency unit bond and exchange markets, and reviews developments in the private financing of developing countries and discusses several issues raised by the recent experience, including the broadening of the investor base for developing country securities, the special role played by regional financial centers in East and Southeast Asia, and the systemic implications of the evolving pattern of developing country financing. A key influence on international capital movements in recent years was the rising international diversification of investment portfolios, which is generally believed to have increased in response to the liberalization of exchange and capital controls in many industrial countries in the 1970s and 1980s.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 152 pages
File Size : 55,6 Mb
Release : 1994-01-01
Category : Business & Economics
ISBN : 9781451942118

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World Economic and Financial Surveys by International Monetary Fund Pdf

This paper analyzes the origins of the recent turbulence in government bond markets in the major industrial countries, and considers whether the role of hedge funds in that episode argues for altering present regulatory arrangements. In financial markets, it is possible for such a revision of expectations—if it is shared by all market participants—to alter asset prices almost immediately; indeed, the change in asset prices can occur without any transactions even taking place. In this case, however, trading volumes soared along with the rise in bond yields, as a broad spectrum of market participants sought to undo large positions that had been built up under the projections of a continued rise of European and US bond prices and a strengthening of the dollar against the yen and some European currencies. Although the increase in bond yields was undeniably large for such a short time period, the markets did receive new information in February and March on economic performance—especially on growth rates—and on the likely future course of macroeconomic policies.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 209 pages
File Size : 48,9 Mb
Release : 1993-05-30
Category : Business & Economics
ISBN : 9781455299041

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World Economic Outlook, May 1993 by International Monetary Fund. Research Dept. Pdf

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Author : Anonim
Publisher : Unknown
Page : 197 pages
File Size : 46,7 Mb
Release : 1993-06
Category : Electronic
ISBN : 1557752893

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World Economic Outlook, May 1993 by Anonim Pdf

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 53,7 Mb
Release : 1993
Category : Electronic
ISBN : OCLC:1027672895

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Private Market Financing for Developing Countries [1993] by Anonim Pdf

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 218 pages
File Size : 47,7 Mb
Release : 1993-05-30
Category : Business & Economics
ISBN : 1557752869

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World Economic Outlook, May 1993 by International Monetary Fund. Research Dept. Pdf

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 68 pages
File Size : 40,7 Mb
Release : 1992-01-01
Category : Business & Economics
ISBN : 9781451939149

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World Economic Outlook, January 1993 by International Monetary Fund. Research Dept. Pdf

This paper highlights that the second part of 1992 has been characterized by flagging consumer and business confidence, weaker-than-expected economic activity—especially in Europe and Japan—and considerable tensions in foreign exchange markets. Despite encouraging signs of increased growth in the United States, these developments have cast new doubts on the prospects for recovery in the industrial world after what has already been two years of weak growth or recession in many countries. The persistent currency turbulence since September 1992 and growing tensions over trade have also contributed to increased uncertainty.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 100 pages
File Size : 42,5 Mb
Release : 1994-01-01
Category : Business & Economics
ISBN : 9781451938333

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1994 World Economic & Financial Surveys; Official Financing for Dev. Countries by International Monetary Fund Pdf

This paper focuses mainly on official bilateral and multilateral financing for countries that have rescheduled their debts to official bilateral creditors. In contrast to the approaches taken by private lenders, official creditors have continued to provide new financing on a large scale to countries with debt-servicing difficulties that implement adjustment and reform programs. Financial support bas been provided through a wide variety of instruments and channels. For the low-income rescheduling countries as a group, total financial assistance has been about as large as these countries' own export earnings in every year since 1986. The recent trends in official financing have important ramifications for developing countries. Access to external financing from official sources is likely to remain high for those countries whose adjustment and reform efforts provide assurances that resources will be used efficiently. Conversely, countries with uneven records of policy implementation (particularly as regards payments arrears) are likely to find difficulty in attracting financial support.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 144 pages
File Size : 51,8 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 1557759804

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Research Activities of the IMF, January 1991-December 1999 by International Monetary Fund Pdf

Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.