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OECD‑Wirtschaftsausblick, Ausgabe 2020/1 (Kurzfassung).
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ISBN: 9264817069 Year: 2020 Publisher: Paris : OECD Publishing,

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Abstract

In ihrem Wirtschaftsausblick analysiert die OECD zweimal jährlich die wichtigsten wirtschaftlichen Trends und die Aussichten für die kommenden zwei Jahre. Der Wirtschaftsausblick liefert einen in sich stimmigen Satz von Projektionen zu gesamtwirtschaftlicher Produktion, Beschäftigung, Preisentwicklung, Haushaltssalden und Leistungsbilanzen.

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Economic policy.


Book
Procesy konwergencji na europejskich rynkach mieszkaniowych : Ujęcie międzynarodowe i regionalne
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ISBN: 8381429366 Year: 2020 Publisher: Łódź : Łódź University Press,

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"Celem niniejszego opracowania jest ocena przebiegu procesów konwergencji na europejskich rynkach mieszkaniowych i identyfikacja skutków tejże konwergencji. Praca wpisuje się w ciąg badań sektora mieszkaniowego realizowanych w wielu krajach. Zawiera omówienie nie tylko najczęściej prowadzonych badań nad konwergencją cenową, lecz cechuje ją szersze spojrzenie, uwzględniające konwergencję realną oraz instytucjonalną rynków mieszkaniowych. Podjęta została także próba wskazania przyczyn tego zjawiska oraz jego następstw. Monografia zaadresowana jest do szerokiego grona odbiorców: do osób zajmujących się teorią wzrostu gospodarczego, osób zajmujących się zawodowo problematyką funkcjonowania rynków nieruchomości, a zwłaszcza do studentów kierunków, które włączyły problematykę nieruchomościową do programów nauczania."-- Provided by publisher.

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Economic policy.


Book
Kingdom of Lesotho : Technical Assistance Report-Implementation of Basel II
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Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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This mission, a follow up to the earlier mission from IMF AFRITAC South (AFS) conducted in March 2017 (STX Mr. Bernie Egan), was designed to further help the authorities in the implementation of Basel II and select elements of Basel III. The main objectives of the mission were to help the CBL finalize the Draft Guidelines to banks on Pillar 1; assist in the implementation of Pillar 2, with attention paid to the Supervisory Review and Evaluation Process (SREP) and the banks´ Internal Capital Adequacy Assessment Process (ICAAP); and evaluate current disclosure requirements in view of the recent revision of Pillar 3 by the Basel Committee on Banking Supervision (BCBS). The adoption of select elements of Basel III especially those related to definition of capital was discussed.

Keywords

Economic policy


Book
Ukraine : Request for Stand-by Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Ukraine
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Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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This paper presents Ukraine's Request for Stand-By Arrangement. The 2020 budget is expected to be hit hard, with a sharp decline in revenues and large emergency spending needs to address the crisis. This has created large balance of payments and fiscal financing needs. Sound fiscal and monetary policies since the 2014-2015 crisis have resulted in a sharp reduction in Ukraine's external and internal imbalances. Public debt was put on a downward path, inflation has declined, and international reserves have recovered. The new Stand-By Arrangement will provide an anchor for the authorities' efforts to address the impact of the crisis, while ensuring macroeconomic stability and safeguarding achievements to date. Together with support from the World Bank and the European Union, it will help address large financing needs. The program will focus on safeguarding medium-term fiscal sustainability, preserving central bank independence and the flexible exchange rate, and enhancing financial stability while recovering the costs from bank resolutions. Concerted reform efforts aimed at tackling corruption and strengthening governance will be critical to ensure macroeconomic stability and achieve sustainable and inclusive growth.

Keywords

Economic policy


Book
Senegal : First Review Under the Policy Coordination Instrument and Request for Modification of Quantitative Targets-Press Release; Staff Report; and Statement by the Executive Director for Senegal
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Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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The Covid-19 pandemic has ended a period of buoyant growth averaging about 6 ½ percent over the last 6 years. Containment measures, lower external demand, reduced remittances, and the sudden stop of travel and tourism are taking a significant toll on the economy. Without forceful policy measures, the current crisis could unravel development gains over the last decade. The authorities have taken strong actions to contain the pandemic and mitigate its economic fallout, supported by significant additional external financing from Senegal's development partners. The IMF disbursed US$442 million (100 percent of quota) under the RFI/RCF in April.

Keywords

Economic policy


Book
Papua New Guinea : Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Papua New Guinea
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Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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The COVID-19 pandemic erupted just as the government was beginning to implement wide-ranging fiscal, foreign exchange, structural, and governance measures under a Staff-Monitored Program (SMP). The authorities have reaffirmed their commitment to these reforms, but the impact of the crisis is generating balance of payments and fiscal gaps of 4 and 3 percent of GDP, respectively. In the near term, risks are primarily on the downside, especially if there is a widespread local outbreak of the virus. Papua New Guinea's longer-term outlook remains positive, largely reflecting the likelihood of major resource sector projects.

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Economic policy


Book
Seychelles : Technical Assistance Report-Scoping the Prospects for Financial Market Development
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Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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This Technical Assistance (TA) mission focused on scoping the prospects of developing a secondary market for government securities in Seychelles. The Central Bank of Seychelles (CBS) has a leading role in developing the financial markets and thus acted as the primary counterpart for this mission. However, due to the mission being primarily fact-finding it reached out to all various possible stakeholders; the Ministry of Finance Trade Investment and Economic Planning (MoFTIEP), commercial banks, a pension fund, insurance companies, the securities exchange, securities dealers, etc. In addition, the mission sees the need to coordinate with the World bank (WB) and the IMF country (SYC) team as the former is providing assistance within the legal and payment system areas and the latter provides Seychelles with policy advice under the current PCI program.

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Economic policy


Book
Introduction aux politiques économiques
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Year: 2020 Publisher: Paris (5 Rue Laromiguière 75005) : Dunod,

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Les politiques économiques désignent l'ensemble des interventions des pouvoirs publics destinés à corriger des « déséquilibres » économiques jugés dommageables. Elles peuvent agir à court ou à long terme dans des domaines variés comme la croissance, l'emploi, l'écologie, les marchés ou la mondialisation.Cet ouvrage propose une vue d'ensemble des politiques économiques dans un langage clair et sans formalisation mathématique afin d'aider les étudiants à en assimiler les enjeux actuels.Les chapitres couvrent un vaste champ d'analyse et s'organisent autour :• d'un cours structuré, assorti de nombreux graphiques, exemples et définitions ;• d'une rubrique L'essentiel pour retenir les points clés du chapitre ;• de nombreux modèles de dissertations, ainsi que des conseils pour les réussir ;• de questions de révision pour s'évaluer.

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Economic policy.


Book
Belize : Technical Assistance Report-Public Investment Management Assessment
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Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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The level of public investment in Belize has varied over the past years in the context of existing constraints. The sharp increase in public debt has limited available fiscal space.1 This has resulted in an increase in externally financed investments as a share of the capital budget and a growing interest in public private partnerships (PPPs) to help achieve the government of Belize's national strategy objectives.2 However, the correlation between Belize's public investment and GDP growth remains weak, and the public capital stock as a ratio to GDP shows a sharp deterioration, possibly pointing to investment inefficiencies.

Keywords

Economic policy


Book
Myanmar : Requests for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Myanmar
Author:
Year: 2020 Publisher: Washington, District of Colombia : International Monetary Fund,

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The COVID-19 pandemic is expected to hit hard Myanmar's economy via weaker exports, tourism, remittances and domestic demand. The economic and social costs of a widespread outbreak could be large, against the backdrop of a frail healthcare system and inadequate social safety nets, as well as already low international reserves and a fragile banking system. The measures to contain and alleviate the effects of the pandemic open up sizeable BOP and fiscal financing gaps in the near term.

Keywords

Economic policy

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