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Book
Investing U.S. Social Security Trust Fund Assets in Private Securities
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ISBN: 1462323693 1452745196 1282106252 9786613799609 1451898991 Year: 1997 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This paper examines the macroeconomic and distributional consequences of a policy change, other things being equal, that would allow U.S. Social Security trust fund assets to be invested in private securities. Improving the expected return to trust fund assets, by shifting these from government bonds to private securities, tends to reduce (increase) the future claim on national output of the current (future) working population. The effects on aggregate saving and future output depend on whether current workers interpret this policy change as affecting their future Social Security benefits.


Book
The Canadian Agreement on Internal Trade : Developments and Prospects
Author:
ISBN: 146238837X 1452762384 1281601772 9786613782465 1451894104 Year: 1998 Publisher: Washington, D.C. : International Monetary Fund,

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Under a federal system of government, the division of responsibilities between the federal, provincial/state, and local levels of government may create internal barriers to trade. To deal with this problem, the federal and provincial governments in Canada established the Agreement on Internal Trade (AIT). This paper takes stock of the achievements and shortcomings of the AIT. Because the internal barriers to trade being addressed by the AIT are not unique to Canada, the agreement presents a useful model for reform that could be emulated by other countries.


Book
Macroeconomic Conditions and Pressures for Protection Under Antidumping and Countervailing Duty Laws : Empirical Evidence from the United States
Author:
ISBN: 1462343910 1455266663 1281602841 1455214086 9786613783530 Year: 1996 Publisher: Washington, D.C. : International Monetary Fund,

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Antidumping and countervailing duty procedures are governed by specific rules requiring both injury (by reason of imports) and dumping/subsidies, and thus might be expected to be less susceptible to pressures for protection arising from cyclical movements in the domestic macroeconomy. This paper investigates whether there is a connection between the state of domestic macroeconomic activity and pressures for protection under antidumping and countervailing duties. The evidence suggests that pressures for protection under these measures since the Tokyo Round of multilateral trade talks have advanced during periods of macroeconomic weakness and receded during periods of macroeconomic strength.


Book
Considerations in Reducing Inflation From Low to Lower Levels
Authors: ---
ISBN: 1462310575 1452724008 1282027603 9786613796561 1451898762 Year: 1998 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

In recent years, many countries have successfully reduced their inflation rates to relatively low levels of 2 to 3 percent. The question then arises as to whether it would be desirable to move to even lower rates of inflation. The paper examines the benefits and costs of moving from low inflation to even lower inflation by drawing together recent work on this issue. Once a country has decided to move to an even lower rate of inflation, the question then becomes whether it would be better to achieve this objective through inflation targeting or price-level targeting. The paper critically reviews the arguments for both approaches.


Book
Recent Trade Policies and An Approach to Further Reform in the Baltics, Russia, and Other Countries of the Former Soviet Union
Authors: ---
ISBN: 1462377238 1455293881 Year: 1996 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This paper reviews the extent to which the Fund’s trade policy advice to the Baltic countries, Russia and other countries of the Former Soviet Union has been implemented. It broadly traces the evolution of trade policies, emphasizing the period from mid-1993 through end-1995, attempting to identify some of the factors affecting uneven progress in trade reform. Based on insights from the public choice literature on endogenous policy theory, the paper makes recommendations for refining Fund advice with a view to facilitating future progress on the trade-policy front.


Book
What to expect from regional and multilateral trade negotiations: a public choice perspective
Authors: ---
Year: 1992 Publisher: London

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Book
International Trade Policies : The Uruguay Round and Beyond, Volume I. Questions principales
Authors: --- --- --- ---
ISBN: 1463970277 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

Les Perspectives de l'économie mondiale (PEM) présentent des analyses de l'évolution économique mondiale à court et moyen termes, préparées par les principaux économistes du FMI. Elles constituent une ressource respectée, centrale et fiable d'informations fouillées et équilibrées, permettant aux décideurs et aux dirigeants du monde entier de prendre le recul nécessaire. Publiées deux fois par an, les Perspectives de l’économie mondiale présentent sous une forme claire et pratique les perspectives en matière de croissance, d’inflation, de commerce international et d’emploi, et s'intéressent également à d'autres domaines économiques. Chaque numéro des PEM se penche sur les problèmes qui touchent les pays avancés, émergents et en développement. Les banques centrales, les économistes, les institutions financières, les chefs d’entreprises, les gouvernements, les groupes de réflexion et les chercheurs attendent avec impatience cette étude sans pareille de la situation actuelle et de ce qui se prépare.


Book
International Trade Policies : The Uruguay Round and Beyond, Volume I. Principal Issues
Authors: --- --- --- --- --- et al.
ISBN: 1462340040 1455294020 Year: 1995 Publisher: Washington, D.C. : International Monetary Fund,

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This paper analyzes the achievements of the Uruguay Round, and issues with the post-Uruguay Round agenda. The paper highlights that the conclusion of the Uruguay Round is a major achievement in international trade relations and a crucial element in promoting world trade and growth in the medium term. It arrested the deterioration in the trading environment and created a strengthened framework for future trade relations, thereby boosting business and investment confidence. It also provides positive outcomes in several areas, including market liberalization and strengthening of rules and institutional structures.


Book
International Trade Policies : Volume II The Uruguay Round and Beyond: Background Papers
Authors: --- --- --- --- --- et al.
ISBN: 146238241X 1455213306 Year: 1995 Publisher: Washington, D.C. : International Monetary Fund,

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This study reviews major issues and developments in trade and their implications for the work of the IMF. Volume I, The Uruguay Round and Beyond: Principal Issues, gives an overview of the issues and developments in the world trading system. Volume II, The Uruguay Round and Beyond: Background Papers, presents detailed background papers on selected trade and trade-related issues. This study updates previous studies published under the title Issues and Development in International Trade Policy.

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