Finance And Development September 2016

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 60 pages
File Size : 48,5 Mb
Release : 2016-08-31
Category : Business & Economics
ISBN : 9781513511917

Get Book

Finance and Development, September 2016 by International Monetary Fund. External Relations Dept. Pdf

This issue of Finance & Development focuses on how technology is driving growth. The issue looks at “transmission channels.” As with drive-through tellers, ever-more-powerful technology allows us to streamline, replacing less efficient practices (the drive-through teller) with more efficient ones (smartphone deposits). Other articles in this issue cover package chronicle technology’s power to transform: Sanjiv Ranjan Das examines big data’s influence on economics and finance; Aditya Narain documents the rise of a new breed of hybrid financial technology—fintech—firms; and Sharmini Coorey touts distance learning for better policymaking. The issue also examines the impact of remittances on monetary policy, de-dollarization in Peru, and the efficacy of public-private partnerships, among other topics. It also presents profile of Nancy Birdsall, the former head of the Center for Global Development, who has dedicated her career to fighting poverty and inequality through compelling research.

Author : International Monetary Fund. Communications Department
Publisher : International Monetary Fund
Page : 60 pages
File Size : 43,8 Mb
Release : 2016-03-01
Category : Social Science
ISBN : 9781513570532

Get Book

Finance and Development March 2016 by International Monetary Fund. Communications Department Pdf

This article profiles economist David Card, whose work on minimum wages, immigration, and education challenged conventional wisdom. Card rose to prominence in 1995 when he won the coveted John Bates Clark Medal, then awarded every two years by the American Economic Association to the leading economist under the age of 40 who is working in the United States. It is considered the top award in economics barring the Nobel Prize. Through empirical research into a series of “natural experiments”—real-life situations underpinned by robust data—Card challenged conventional economic thinking in several important areas. He found that, unlike in classical models, raising the minimum wage does not necessarily increase unemployment, and even has the potential to reduce it. More than 15 years of research led to a landmark 1993 paper and subsequent book—coauthored with Princeton professor Alan B. Krueger—that analyzed the impact of the minimum wage on the New Jersey fast-food industry.

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 60 pages
File Size : 49,9 Mb
Release : 2014-08-25
Category : Business & Economics
ISBN : 9781475566987

Get Book

Finance & Development, September 2014 by International Monetary Fund. External Relations Dept. Pdf

This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

Author : International Working Group on External Debt Statistics
Publisher : International Monetary Fund
Page : 60 pages
File Size : 47,6 Mb
Release : 2016-12-05
Category : Business & Economics
ISBN : 9781498360937

Get Book

Finance and Development, December 2016 by International Working Group on External Debt Statistics Pdf

This issue of Finance & Development examines the good and bad sides of globalization. Sebastian Mallaby notes that after decades of increasing cross-border movements of capital, goods, and people, only migration continues apace. Capital flows have collapsed, and trade has stagnated. However, rather than a sign of retreat, trade and finance may be resetting to a more sustainable level consistent with continued globalization. IMF Chief Economist Maurice Obstfeld takes a closer look at trade. Ismaila Dieng profiles Leonard Wantchekon, a former activist who plans to train the next generation of African economists. Wantchekon, now a professor at Princeton University, is one of the few African economists teaching at a top US university. His research, which has received considerable attention from development economists, focuses on the political and historical roots of economic development in Africa.

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 64 pages
File Size : 47,5 Mb
Release : 2017-09-05
Category : Business & Economics
ISBN : 9781484315996

Get Book

Finance and Development, September 2017 by International Monetary Fund. External Relations Dept. Pdf

Finance and Development, September 2017

Author : International Monetary Fund. Communications Department
Publisher : Unknown
Page : 0 pages
File Size : 40,9 Mb
Release : 2024-06-02
Category : Electronic
ISBN : OCLC:1322841748

Get Book

Finance and Development, December 2018 by International Monetary Fund. Communications Department Pdf

Author : International Monetary Fund. Communications Department
Publisher : International Monetary Fund
Page : 60 pages
File Size : 50,8 Mb
Release : 2019-09-04
Category : Business & Economics
ISBN : 9781513512778

Get Book

Finance & Development, September 2019 by International Monetary Fund. Communications Department Pdf

This issue of Finance & Development focuses on dark web of secret transactions that enable tax evasion and avoidance, money laundering, illicit financial flows, and corruption. Demands on government resources are building—to boost growth in some advanced economies, build infrastructure in emerging markets, and improve health and education in the developing world. IMF research shows that countries with lower levels of perceived corruption have significantly less waste in public projects. Among low-income countries, the share of the budget dedicated to education and health is one-third lower in more corrupt countries. The rise of digital finance, crypto assets, and cybercrime adds to the challenges. Consider the so-called dark web, a hidden marketplace for everything from stolen identities to arms and narcotics. Improving governance is not easy; it requires sustained effort over the long term.

Author : Jose Antonio Ocampo,Jan Kregel,Stephany Griffith-Jones
Publisher : Zed Books
Page : 232 pages
File Size : 54,6 Mb
Release : 2007-04
Category : Business & Economics
ISBN : UCSD:31822034521492

Get Book

International Finance and Development by Jose Antonio Ocampo,Jan Kregel,Stephany Griffith-Jones Pdf

This publication reviews the major financing issues influencing economic development since the historic Monterrey Consensus of the International Conference on Financing for Development in 2002. It contains four main chapters under the headings of: international private capital flows; official development financing; external debt; and systemic issues.

Author : Robert H. Frank
Publisher : Princeton University Press
Page : 202 pages
File Size : 42,8 Mb
Release : 2017-09-26
Category : Business & Economics
ISBN : 9780691178301

Get Book

Success and Luck by Robert H. Frank Pdf

From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success—and why that hurts everyone, even the wealthy. Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones—and enormous income differences—over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways. But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year—more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps. Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.

Author : Eswar S. Prasad
Publisher : Harvard University Press
Page : 497 pages
File Size : 41,8 Mb
Release : 2021-09-28
Category : Business & Economics
ISBN : 9780674258440

Get Book

The Future of Money by Eswar S. Prasad Pdf

A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.

Author : Hilary Devine,Adrian Peralta-Alva,Hoda Selim,Luc Eyraud,Preya Sharma,Ludger Wocken
Publisher : International Monetary Fund
Page : 161 pages
File Size : 52,9 Mb
Release : 2021-05-14
Category : Business & Economics
ISBN : 9781513571560

Get Book

Private Finance for Development by Hilary Devine,Adrian Peralta-Alva,Hoda Selim,Luc Eyraud,Preya Sharma,Ludger Wocken Pdf

The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.

Author : William N. Goetzmann
Publisher : Princeton University Press
Page : 598 pages
File Size : 42,8 Mb
Release : 2017-08-15
Category : Business & Economics
ISBN : 9780691178370

Get Book

Money Changes Everything by William N. Goetzmann Pdf

"[A] magnificent history of money and finance."—New York Times Book Review "Convincingly makes the case that finance is a change-maker of change-makers."—Financial Times In the aftermath of recent financial crises, it's easy to see finance as a wrecking ball: something that destroys fortunes and jobs, and undermines governments and banks. In Money Changes Everything, leading financial historian William Goetzmann argues the exact opposite—that the development of finance has made the growth of civilizations possible. Goetzmann explains that finance is a time machine, a technology that allows us to move value forward and backward through time; and that this innovation has changed the very way we think about and plan for the future. He shows how finance was present at key moments in history: driving the invention of writing in ancient Mesopotamia, spurring the classical civilizations of Greece and Rome to become great empires, determining the rise and fall of dynasties in imperial China, and underwriting the trade expeditions that led Europeans to the New World. He also demonstrates how the apparatus we associate with a modern economy—stock markets, lines of credit, complex financial products, and international trade—were repeatedly developed, forgotten, and reinvented over the course of human history. Exploring the critical role of finance over the millennia, and around the world, Goetzmann details how wondrous financial technologies and institutions—money, bonds, banks, corporations, and more—have helped urban centers to expand and cultures to flourish. And it's not done reshaping our lives, as Goetzmann considers the challenges we face in the future, such as how to use the power of finance to care for an aging and expanding population. Money Changes Everything presents a fascinating look into the way that finance has steered the course of history.

Author : The World Bank
Publisher : World Bank Publications
Page : 208 pages
File Size : 48,8 Mb
Release : 2015-08-31
Category : Business & Economics
ISBN : 9781464804717

Get Book

Global Financial Development Report 2015/2016 by The World Bank Pdf

Global Financial Development Report 2015/2016 focuses on the ability of financial systems to sustainably extend the maturity of financial contracts for private agents. The challenges of extending the maturity structure of finance are often considered to be at the core of effective, sustainable financial development. Sustainably extending long-term finance may contribute to the objectives of higher growth and welfare, shared prosperity and stability in two ways: by reducing rollover risks for borrowers, thereby lengthening the horizon of investments; and by increasing the availability of long-term financial instruments, thereby allowing households to address their lifecycle challenges. The aim of the report is to contribute to the global policy debate on long-term finance. It builds upon findings from recent and ongoing research, lessons from operational work, as well as on inputs from financial sector professionals and researchers both within and outside the World Bank Group. Benefitting from new worldwide datasets and information on financial development, it will provide a broad and balanced review of the evidence and distill pragmatic lessons on long-term finance and related policies. This report, the third in the Global Financial Development Report series, follows the second issue on Financial Inclusion and the inaugural issue, Rethinking the Role of the State in Finance. The Global Financial Development Report 2015/2016 will be accompanied by a website worldbank.org/financialdevelopment containing extensive datasets, research papers, and other background materials as well as interactive features.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 45,7 Mb
Release : 2024-06-02
Category : Electronic
ISBN : OCLC:1322039472

Get Book

Finance and Development, June 2000 by Anonim Pdf

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 61 pages
File Size : 40,7 Mb
Release : 2016-11-17
Category : Business & Economics
ISBN : 9781475554618

Get Book

Sweden by International Monetary Fund. Monetary and Capital Markets Department Pdf

This paper discusses the findings of the Financial System Stability Assessment for Sweden. The Swedish financial system is large and highly interconnected, putting a premium on the accompanying policy framework. Relative to the size of the domestic economy, the financial system is among Europe’s largest. It features complex domestic and international linkages, reflecting Sweden’s role as a regional financial hub. However, the macrofinancial risks have grown since 2011, for example the rising share of highly indebted households. Stress tests also suggest that banks and nonbanks are largely resilient to solvency shocks, but concerns persist about the ability of bank models to capture unexpected losses.