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This paper examines the effect of the real exchange rate misalignment (RERMIS) on the collective economic growth of Egypt, Jordan, Morocco, and Tunisia. The paper constructs three measures of exchange rate misalignment based on purchasing power parity; a black market exchange rate; and a structured model. The empirical investigation confirmed the adverse effect of RERMIS on growth, using all measures of RERMIS, as predicted by endogenous growth models. The results also highlighted the role of other factors; specifically, capital growth and population have the theoretical signs predicted by the Solow growth model and are statistically significant.
Finance: General --- Foreign Exchange --- Open Economy Macroeconomics --- Macroeconomic Analyses of Economic Development --- Development Planning and Policy: Trade Policy --- Factor Movement --- Foreign Exchange Policy --- International Financial Markets --- Currency --- Foreign exchange --- Finance --- Exchange rates --- Exchange rate policy --- Currency markets --- Real exchange rates --- Financial markets --- Foreign exchange market --- Egypt, Arab Republic of
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Transnational Social Policies specifically addresses the worldwide trend for national policies on human and social development to be increasingly influenced by agendas that are international, or "transnational," in nature. In doing so, the book examines the underlining international developmental, ethical, economic, and political issues shaping national policies in health, education, and employment in the developing world.This book's focus on the "transnational" character of the social policy debate makes it a truly unique and original contribution to the literature. It will appeal to the acad
International economic relations --- Social policy --- Income --- Developing countries --- Income distribution --- Economic conditions --- Africa --- Asia --- Latin America --- International economic integration --- Social planning --- #SBIB:004.GIFTSOC --- #SBIB:316.8H40 --- #SBIB:327.4H60 --- #SBIB:35H437 --- National planning --- State planning --- Social development planning --- Social aspects --- Sociaal beleid: social policy, sociale zekerheid, verzorgingsstaat --- Derde wereld: ontwikkeling, sociale verandering: algemeen --- Beleidssectoren: sociale zekerheid --- Social policy. --- Social planning. --- Economic policy --- Family policy --- Social history --- Planning --- Social aspects. --- International cooperation.
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In view of the requirements of Stage 2 of European Monetary Union (EMU) for accession to the European Union, this paper examines the desirability for, and the ability of, the lead candidates in Central and Eastern Europe to participate in the new exchange rate mechanism (ERM2) and eventually in EMU. For most of these countries the benefits are likely to outweigh the cost of participation. After successfully meeting the basic conditions (wage flexibility, prudent fiscal and monetary stance, financial system soundness) for ERM2, each candidate should be able to shadow the euro, with sufficient flexibility around the central rate, prior to formal participation. The paper concludes with a discussion of two policy dilemmas.
Banks and Banking --- Foreign Exchange --- Macroeconomics --- Money and Monetary Policy --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- International Monetary Arrangements and Institutions --- Socialist Systems and Transitional Economies: General --- Interest Rates: Determination, Term Structure, and Effects --- Development Planning and Policy: Trade Policy --- Factor Movement --- Foreign Exchange Policy --- Fiscal Policy --- Currency --- Foreign exchange --- Finance --- Monetary economics --- Exchange rates --- Exchange rate arrangements --- Short term interest rates --- Exchange rate policy --- Fiscal stance --- Financial services --- Currencies --- Money --- Interest rates --- Fiscal policy --- Czech Republic
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This paper outlines a “modern” approach to managing risks in cross-border capital movements that is consistent with an environment of increased and liberalized capital flows. Key elements of this approach include: a consistent monetary and exchange rate policy mix to avoid incentives for volatile capital flows; prudential management of the specific risks in capital flows; supporting financial sector reforms; and appropriate sequencing of liberalization. The approach can reduce the potential size of the shocks associated with capital movements and increase the resilience of the financial system to such shocks when they occur; overtime, it is expected to reduce the need for recourse to capital controls.
Capital movements. --- Capital flight --- Capital flows --- Capital inflow --- Capital outflow --- Flight of capital --- Flow of capital --- Movements of capital --- Balance of payments --- Foreign exchange --- International finance --- Exports and Imports --- Foreign Exchange --- Monetary Policy --- Current Account Adjustment --- Short-term Capital Movements --- Financial Institutions and Services: Government Policy and Regulation --- International Investment --- Long-term Capital Movements --- Development Planning and Policy: Trade Policy --- Factor Movement --- Foreign Exchange Policy --- International economics --- Currency --- Capital controls --- Exchange rates --- Exchange rate policy --- Exchange rate flexibility --- Capital movements --- Malaysia
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IMF Managing Director Michel Camdessus visited Moscow from March 27 to March 29 and met with Russian Prime Minister Yevgeny Primakov and other senior officials. On March 29, Camdessus and Primakov issued a joint communique, the text of which follows.
Banks and Banking --- Exports and Imports --- Finance: General --- Foreign Exchange --- Data Transmission Systems --- Macroeconomics --- International Lending and Debt Problems --- International Investment --- Long-term Capital Movements --- Methodology for Collecting, Estimating, and Organizing Macroeconomic Data --- Data Access --- Development Planning and Policy: Trade Policy --- Factor Movement --- Foreign Exchange Policy --- Banking --- International economics --- Currency --- Foreign exchange --- Finance --- Data capture & analysis --- Offshore financial centers --- Capital flows --- Capital inflows --- Exchange rates --- Exchange rate arrangements --- Financial services --- Balance of payments --- Exchange rate policy --- International finance --- Capital movements --- Data transmission systems --- Financial services industry --- Nigeria
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The 1990s have seen dramatic restructuring of state social provision in the US, the UK, Canada and Australia. This has occurred largely because of the rise of market liberalism, which challenges the role of the state. This important book examines the impact of changes in social policy regimes on gender roles and relations. Structured thematically and systematically comparative, it analyses three key policy areas: labor markets, income maintenance and reproductive rights. Largely driven by issues of equality, it considers the role of the state as a site for gender and sexual politics at a time when primacy is given to the market, developing an argument about social citizenship in the process. Eminent scholars in the field, Julia O'Connor, Ann Orloff and Sheila Shaver make a landmark contribution to debates about social policy and gender relations in this era of economic restructuring and deregulation.
Social policy. --- Women --- Liberalism --- Social planning. --- Public welfare. --- Government policy. --- Social policy --- -Liberalism --- Social planning --- Public welfare --- #SBIB:316.346H20 --- #SBIB:35H436 --- #SBIB:35H437 --- #SBIB:002.IO --- Benevolent institutions --- Poor relief --- Public assistance --- Public charities --- Public relief --- Public welfare reform --- Relief (Aid) --- Social welfare --- Welfare (Public assistance) --- Welfare reform --- Human services --- Social service --- Social development planning --- Planning --- Liberal egalitarianism --- Liberty --- Political science --- Social sciences --- Human females --- Wimmin --- Woman --- Womon --- Womyn --- Females --- Human beings --- Femininity --- National planning --- State planning --- Economic policy --- Family policy --- Social history --- Government policy --- Positie van de vrouw in de samenleving: algemeen --- Beleidssectoren: welzijn, volksgezondheid en cultuur --- Beleidssectoren: sociale zekerheid --- Liberalism. --- Sociology of the family. Sociology of sexuality --- Canada --- United States --- Great Britain --- Australia --- Social Sciences --- Sociology --- Women - Government policy. --- United States of America
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Challenging the traditional treatment of human rights cast in purely legal frameworks, the authors argue that, in order to promote the notion of human rights, its geographies and spatialities must be investigated and be made explicit. A wealth of case studies examine the significance of these components in various countries with multi-cultured societies, and identify ways to integrate human rights issues in planning, development and policy making. The book uses case studies from UK, Israel, Canada, Singapore, USA, Peru, European Union, Australia and the Czech Republic.
social issues --- women [female humans] --- human geography --- economic development --- Economic conditions. Economic development --- Human rights --- Social geography --- Sociology of minorities --- Women in development. --- Women --- Women's rights. --- Human rights. --- Social planning. --- Economic development --- Rights of women --- Women's rights --- Feminism --- Development and women --- GAD (Gender and development) --- Gender and development --- WAD (Women and development) --- WID (Women in development) --- Women and development --- Social development planning --- Planning --- Basic rights --- Civil rights (International law) --- Rights, Human --- Rights of man --- Human security --- Transitional justice --- Truth commissions --- Social conditions. --- Economic conditions. --- Social aspects. --- Civil rights --- Law and legislation --- Legal status, laws, etc. --- Demography --- Sociology of the family. Sociology of sexuality --- Environmental planning --- Social policy --- European Union --- Latin America --- United States --- Singapore --- Great Britain --- Canada --- Czech Republic --- Australia --- United States of America --- mensenrechten --- Race --- Gender --- Migration --- Development policy --- Government policy --- Spatial planning --- Book --- Discrimination
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The IMF's surveillance over its member'seconomic policies is one of the institution's central activities. In keeping with the increasing transparency of the IMF; the Executive Board askes a group of independent external experts to evaluate IMF surveillance, to assess the effectiveness of such surveillance, and to make recommendations for improvements. The group's report looks at the methods, substance, and impact of surveillance, both on individual countries and on the global economy. This publication also includes the reactions of the Executive Board, management, and the staff to the external evaluation.
Economic policy --- 332.152 --- 333.432.8 --- AA / International- internationaal --- 338.22 --- 339.732 --- 338.22 Economische organisatieleer. Economisch beleid. Economische politiek --- Economische organisatieleer. Economisch beleid. Economische politiek --- 339.732 Ida. Ibrd. Bird. Ifc. Imf. Speciale trekkingsrechten. Bank voor internationale betalingen. Internationaal monetair systeem --- 339.732 Internationale banken. Wereldbank. Ontwikkelingsbank. Investeringsbank. Comecom, samenwerkingsbank. Europees monetair fonds. Europees ontwikkelingsfonds. Europese investeringsbank. Europese monetaire --- Ida. Ibrd. Bird. Ifc. Imf. Speciale trekkingsrechten. Bank voor internationale betalingen. Internationaal monetair systeem --- Internationale banken. Wereldbank. Ontwikkelingsbank. Investeringsbank. Comecom, samenwerkingsbank. Europees monetair fonds. Europees ontwikkelingsfonds. Europese investeringsbank. Europese monetaire --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Evaluation --- Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten --- IMF. --- Internationaal monetair fonds --- International monetary fund --- Evaluation. --- International Monetary Fund. --- Banks and Banking --- Financial Risk Management --- Foreign Exchange --- Macroeconomics --- Industries: Financial Services --- Exports and Imports --- Finance: General --- Development Planning and Policy: Trade Policy --- Factor Movement --- Foreign Exchange Policy --- Financial Institutions and Services: General --- Labor Economics: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financial Crises --- Financing Policy --- Financial Risk and Risk Management --- Capital and Ownership Structure --- Value of Firms --- Goodwill --- Current Account Adjustment --- Short-term Capital Movements --- Currency --- Foreign exchange --- Economic & financial crises & disasters --- Labour --- income economics --- Banking --- International economics --- Finance --- Exchange rate policy --- Financial sector --- Labor --- Financial crises --- Economic sectors --- Exchange rates --- Early warning systems --- Capital account --- Balance of payments --- Financial services industry --- Labor economics --- Banks and banking --- Crisis management --- United States
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