Listing 1 - 10 of 10 |
Sort by
|
Choose an application
Following the 15-year civil war that started in 1975, Lebanon's government began the difficult task of economic stabilization and confidence building, on the one hand, and postwar reconstruction and development, on the other. The government led the reconstruction effort by formulating programs that aimed to rapidly rehabilitate the country's severly damaged infrastructure in preparation for private-sector-led growth over the medium term. At the same time, Lebanon introduced an exchange-rate-based nominal anchor policy to stabilize expectations and cut inflation. This paper analyzes the government's progress with the policies adopted.
Economic policy and planning (general) --- Lebanon --- European Union --- dette publique --- finances publiques --- liban --- politique economique --- politique fiscale --- situation economique --- taux d'interet --- Reconstruction --- -Economic stabilization --- -Finance, Public --- -Fiscal policy --- -Interest rates --- -Debts, Public --- -330.05 --- 330.95692 --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Money market rates --- Rate of interest --- Rates, Interest --- Interest --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Cameralistics --- Public finance --- Currency question --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- openbare schuld --- openbare financien --- libanon --- economisch beleid --- fiscaal beleid --- economische toestand --- rentevoeten --- Government policy --- Economic policy. --- Economic conditions --- -Statistics. --- Debts, Public --- Economic stabilization --- Fiscal policy --- Interest rates --- 330.05 --- E.U. --- Public finances --- Liban --- République libanaise --- Libanon --- Lubnān --- Libanan --- Livan --- Mont-Liban (Turkey : Mutaṣarrifīyah) --- Jabal Lubnān (Turkey : Mutaṣarrifīyah) --- Levanon --- Líbano --- Livanos --- Grand Lebanon --- Grand Liban --- Lebanese Republic --- Jumhūrīyah al Lubnānīyah --- Jumhouriya al-Lubnaniya --- Republic of Lebanon --- لبنان --- جمهورية اللبنانية --- Ліван --- Ліванская Рэспубліка --- Livanskai︠a︡ Rėspublika --- Ливан --- Република Ливан --- Republika Livan --- Λίβανος --- Δημοκρατία του Λιβάνου --- Dēmokratia tou Livanou --- Jumhūrīyyah al-Lubnānīyyah --- 레바논 --- לבנון --- רפובליקה הלבנונית --- Republiḳah ha-Levanonit --- Либан --- Либанска Република --- Libanska Republika --- レバノン --- Rebanon --- レバノン共和国 --- Rebanon Kyōwakoku --- Ливанская Республика --- Республіка Ліван --- Respublika Livan --- Ліванська Республика --- Livansʹka Respublyka --- Levonen --- 黎巴嫩 --- Libanen --- Banks and Banking --- Exports and Imports --- Investments: General --- Macroeconomics --- Public Finance --- Debt Management --- Sovereign Debt --- General Financial Markets: General (includes Measurement and Data) --- Taxation, Subsidies, and Revenue: General --- Trade: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- National Government Expenditures and Related Policies: General --- Public finance & taxation --- International economics --- Investment & securities --- Banking --- Finance --- Treasury bills and bonds --- Revenue administration --- Expenditure --- Government debt management --- Financial institutions --- Public financial management (PFM) --- Government securities --- Revenue --- Expenditures, Public --- Banks and banking
Choose an application
This paper reviews the international business cycle among Group of Seven (G-7) countries since 1973 from two angles. An examination of business cycle synchronization among these countries using simple descriptive statistics shows that synchronized slowdowns have been the norm rather than the exception and that the slowdown in 2000-2001 largely followed patterns seen in the past. The paper also identifies the international business cycle with an asymptotic dynamic factor model. Two global factors explain roughly 80 percent of the variance in G-7 output gaps at business cycle frequencies. The factor model decomposes the "common part" of national output fluctuations into two factors, one capturing the average G-7 cycle and one that corrects for phase and amplitude differences. We also found some evidence supporting the hypothesis that global shocks were the main force behind the slowdown in 2000-2001.
Econometrics --- Macroeconomics --- Production and Operations Management --- Business Fluctuations --- Cycles --- Open Economy Macroeconomics --- Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation --- Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) --- Macroeconomics: Production --- Classification Methods --- Cluster Analysis --- Principal Components --- Factor Models --- Economic growth --- Econometrics & economic statistics --- Business cycles --- Output gap --- Factor models --- Production --- Econometric analysis --- Economic theory --- Econometric models --- United States
Choose an application
This paper analyzes the recent behavior of real exchange rates, the trade balance and the net foreign asset position of the United States in an intertemporal optimizing model of the world economy that incorporates heterogeneity across countries and imperfect international capital and good markets. While the model successfully tracks the dynamics of trade balances and net foreign assets it generates too much consumption smoothing and excessively volatile relative prices. Resolving these inadequacies simultaneously is difficult as the elasticity of substitution between tradables and nontradables affects in opposite ways the degree of consumption smoothing and the volatility of relative prices.
Banks and Banking --- Consumption --- Currency --- Economics --- Exports and Imports --- External position --- Finance --- Financial services --- Foreign assets --- Foreign currency exposure --- Foreign exchange market --- Foreign Exchange --- Foreign exchange --- Government and the Monetary System --- Interest rates --- Interest Rates: Determination, Term Structure, and Effects --- International economics --- International Investment --- Investments, Foreign --- Long-term Capital Movements --- Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation --- Macroeconomics --- Macroeconomics: Consumption --- Monetary economics --- Monetary Systems --- Money and Monetary Policy --- Money --- National accounts --- Open Economy Macroeconomics --- Payment Systems --- Real exchange rates --- Real interest rates --- Regimes --- Saving --- Standards --- Wealth --- United States
Choose an application
Choose an application
Following the breakup of the Soviet Union in 1992, several low-income countries in the Commonwealth of Independent States (CIS) accumulated substantial external debt in a short time span, about half of which is owed to multilateral financial institutions. Three factors contributed to the current debt burden. First, the initial years of transition brought large systemic economic disruptions, loss of transfers from the center and collapse of trade relations among Council for Mutual Economic Assistance (CMEA) countries, and negative terms of trade shocks. Second, fiscal and other reforms, and consequently, growth revival, took longer than expected. Third, overoptimism by multilaterals contributed to the high debt levels. If external financial assistance, which was needed because of high social costs of the transition, had come in the form of grants in the first two or three years of the transition, the debt burden would have been lower and sustainable.
Debts, External --- Debts, External. --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- Debt --- International finance --- Investments, Foreign --- Exports and Imports --- Current Account Adjustment --- Short-term Capital Movements --- International Lending and Debt Problems --- International economics --- External debt --- Current account deficits --- Current account balance --- Current account --- Current account imbalances --- Balance of payments --- United States
Choose an application
"Economic growth, inflation, and interest rates have declined in Asia. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "secular stagnation." Leading experts discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia"--
Economic development --- Business cycles --- Stagnation (Economics) --- Asia --- Economic conditions --- E-books --- Economic stagnation --- Stationary state (Economics) --- Steady-state economics --- Economics --- Economic cycles --- Economic fluctuations --- Cycles --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Asian and Pacific Council countries --- Eastern Hemisphere --- Eurasia --- Economic conditions. Economic development
Choose an application
This paper examines the importance of credit market shocks in driving global business cycles over the period 1988:1-2009:4. We first estimate common components in various macroeconomic and financial variables of the G-7 countries. We then evaluate the role played by credit market shocks using a series of VAR models. Our findings suggest that these shocks have been influential in driving global activity during the latest global recession. Credit shocks originating in the United States also have a significant impact on the evolution of world growth during global recessions.
Credit. --- Financial crises. --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Borrowing --- Finance --- Money --- Loans --- Econometrics --- Inflation --- Macroeconomics --- Money and Monetary Policy --- Production and Operations Management --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Macroeconomics: Production --- Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) --- Price Level --- Deflation --- Time-Series Models --- Dynamic Quantile Regressions --- Dynamic Treatment Effect Models --- Diffusion Processes --- Monetary economics --- Economic growth --- Econometrics & economic statistics --- Credit --- Productivity --- Business cycles --- Vector autoregression --- Industrial productivity --- Prices --- United States
Choose an application
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
Investments: Energy --- Macroeconomics --- Public Finance --- Fiscal Policy --- Macroeconomic Aspects of International Trade and Finance: General --- Taxation, Subsidies, and Revenue: General --- National Budget, Deficit, and Debt: General --- Energy: General --- Energy: Demand and Supply --- Prices --- Investment & securities --- Energy industries & utilities --- Oil prices --- Oil --- Fuel prices --- Energy prices --- Energy subsidies --- Commodities --- Expenditure --- Petroleum industry and trade --- Expenditures, Public --- United States
Choose an application
Building public support for climate mitigation is a key prerequisite to making meaningful strides toward implementing climate mitigation policies and achieving decarbonization. Using nationally representative individual-level surveys for 28 countries, this note sheds light on the individual characteristics and beliefs associated with climate risk perceptions and preferences for climate policies.
Environmental economics. --- Environmental policy. --- Climate change --- Climate policy --- Climate --- Climatic changes --- Currency crises --- Economic & financial crises & disasters --- Economic sectors --- Economics of specific sectors --- Economics --- Economics: General --- Emissions trading --- Environment --- Environmental Conservation and Protection --- Environmental Economics --- Environmental economics --- Environmental Economics: Government Policy --- Environmental policy & protocols --- Environmental Policy --- Environmental policy --- Financial crises --- Foreign Exchange --- Global Warming --- Greenhouse gas emissions --- Greenhouse gases --- Informal Economy --- Informal sector --- Macroeconomics --- Natural Disasters and Their Management --- Underground Econom --- United States
Choose an application
Asia and the Pacific’s green transition will have far-reaching implications for the global economy. Over the past decades, the region has become the engine of global economic growth. With relatively heavy reliance on coal and high energy intensity, the region has recently become the largest contributor to growth in global GHG emissions, accounting for nearly 40 percent of the total emissions in 2020. Achieving net zero by 2050 requires an energy transition at an unprecedented scale and speed, even as the region must ensure energy security and affordability. The region must also address its vulnerability to climate change as it comprises many countries highly exposed to climate hazards increasing in severity and frequency with global warming. If managed well, the green transformation in Asia and the Pacific will create opportunities for economies not only in the region, but also around the world for inclusive and sustainable growth. The global economy is still far from achieving net zero by 2050, and the Asia and the Pacific region must play its part to deliver on mitigation and adaptation goals. Understanding Asia’s perspectives on the constraints and issues with climate ambitions, climate policy actions, and constraints is central for devising climate strategies to meet climate goals. To this end, this chapter draws on novel surveys of country authorities and public in the region to distill climate ambitions and challenges faced and identify sources of major gaps in achieving mitigation and adaptation goals. Measures to help close the gaps are drawn from policy discussions with country authorities in bilateral surveillance and related studies.
Climate change --- Climate finance --- Climate policy --- Climate --- Climatic changes --- Economics --- Emissions trading --- Energy and the Macroeconomy --- Energy: Demand and Supply --- Energy: Government Policy --- Environment --- Environmental Conservation and Protection --- Environmental Economics --- Environmental economics --- Environmental Economics: General --- Environmental Economics: Government Policy --- Environmental policy & protocols --- Environmental Policy --- Environmental policy --- Global Warming --- Green finance / sustainable finance --- Greenhouse gas emissions --- Greenhouse gases --- International agencies --- International Agreements and Observance --- International Economics --- International institutions --- International organization --- International Organizations --- Natural Disasters and Their Management --- Natural Disasters --- Natural disasters --- Nonrenewable Resources and Conservation: General --- Political Economy --- Political economy --- Pollution Control Adoption and Costs • Distributional Effects • Employment Effects --- Prices --- Public Policy --- Renewable Resources and Conservation: Government Policy --- Renewable Resources and Conservation: Issues in International Trade --- Sustainable Development --- Technological Innovation
Listing 1 - 10 of 10 |
Sort by
|