Constructing a Positive Shock: Growth Through the Lens of Option Pricing

Constructing a Positive Shock: Growth Through the Lens of Option Pricing PDF Author: Mehmet Cangul
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
Low-income economies face negative shocks whose frequency and disproportionate impact overcome growth trajectories, producing a negative drift. COVID-19 was the latest such episode. To escape this negative drift, and build a durable recovery, there is a need for a counter-balancing force: to construct a positive shock. Growth is realized through decisions that fall under two categories, routine and non-linear. While routine decisions modify existing economic behavior along the same path, non-linear decisions describe riskier options that involve transformation. Option pricing theory can be useful to describe the latter, and construct the positive shock required to escape the negative drift.

Constructing a Positive Shock: Growth Through the Lens of Option Pricing

Constructing a Positive Shock: Growth Through the Lens of Option Pricing PDF Author: Mehmet Cangul
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
Low-income economies face negative shocks whose frequency and disproportionate impact overcome growth trajectories, producing a negative drift. COVID-19 was the latest such episode. To escape this negative drift, and build a durable recovery, there is a need for a counter-balancing force: to construct a positive shock. Growth is realized through decisions that fall under two categories, routine and non-linear. While routine decisions modify existing economic behavior along the same path, non-linear decisions describe riskier options that involve transformation. Option pricing theory can be useful to describe the latter, and construct the positive shock required to escape the negative drift.

Namibia

Namibia PDF Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 111

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Book Description
Namibia has been severely hit by the COVID-19 pandemic but has started to gradually recover. After a sharp contraction in 2020, with worsening fiscal imbalances and socio-economic disparities, a modest recovery began in 2021 and strengthened in the first half of 2022. Mining activity rebounded while manufacturing and tertiary sector activities gradually started to recover. Inflationary pressures have increased, as higher international oil and food prices due to Russia’s war in Ukraine were passed-through. The political context remains stable, with elections scheduled in 2024.

Economic Policy and the Great Stagflation

Economic Policy and the Great Stagflation PDF Author: Alan S. Blinder
Publisher: Elsevier
ISBN: 1483264564
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

2019 Annual trends and outlook report: Gender equality in rural Africa: From commitments to outcomes

2019 Annual trends and outlook report: Gender equality in rural Africa: From commitments to outcomes PDF Author: Agnes Quisumbing
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 325

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Book Description
Gender-sensitive policy and programming have an integral role to play in fostering inclusive agricultural growth to meet the commitments of African countries to the Malabo Declaration goals. The 2019 Annual Trends and Outlook Report from ReSAKSS applies a gender lens to key issues that must be addressed to fully achieve these goals. Chapters examine the intersections between gender and (1) the context and institutions within which rural people operate; (2) the natural resources that men and women depend on for agriculture, sources of vulnerability, and resilience to shocks; (3) assets and income; and (4) livelihood strategies and well-being. The report serves as the official M&E report for the Comprehensive Africa Agriculture Development Programme (CAADP), tracking progress on over 30 CAADP indicators.

Resilience, Development and Global Change

Resilience, Development and Global Change PDF Author: Katrina Brown
Publisher: Routledge
ISBN: 113461411X
Category : Science
Languages : en
Pages : 229

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Book Description
Resilience is currently infusing policy debates and public discourses, widely promoted as a normative goal in fields as diverse as the economy, national security, personal development and well-being. Resilience thinking provides a framework for understanding dynamics of complex, inter-connected social, ecological and economic systems. The book critically analyzes the multiple meanings and applications of resilience ideas in contemporary society and to suggests where, how and why resilience might cause us to re-think global change and development, and how this new approach might be operationalized. The book shows how current policy discourses on resilience promote business-as-usual rather than radical responses to change. But it argues that resilience can help understand and respond to the challenges of the contemporary age. These challenges are characterized by high uncertainty; globalized and interconnected systems; increasing disparities and limited choices. Resilience thinking can overturn orthodox approaches to international development dominated by modernization, aid dependency and a focus on economic growth and to global environmental change – characterized by technocratic approaches, market environmentalism and commoditization of ecosystem services. Resilience, Development and Global Change presents a sophisticated, theoretically informed synthesis of resilience thinking across disciplines. It applies resilience ideas specifically to international development and relates resilience to core theories in development and shows how a radical, resilience-based approach to development might transform responses to climate change, to the dilemmas of managing forests and ecosystems, and to rural and urban poverty in the developing world. The book provides fresh perspectives for scholars of international development, environmental studies and geography and add new dimensions for those studying broader fields of ecology and society.

Vulnerable People, Vulnerable States

Vulnerable People, Vulnerable States PDF Author: Daniel W. Bromley
Publisher: Routledge
ISBN: 0415534518
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
This book explains the necessary building blocks of economic coherence. It then develops a diagnostic approach to demonstrate how to identify impediments to the efficient functioning of essential economic processes. Finally, the book contains an extensive treatment of the policy-reform process, complete with a practical guide to how donors can work with governments to create economic coherence.

Braddom's Physical Medicine and Rehabilitation E-Book

Braddom's Physical Medicine and Rehabilitation E-Book PDF Author: David X. Cifu
Publisher: Elsevier Health Sciences
ISBN: 0323625401
Category : Medical
Languages : en
Pages : 1395

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Book Description
Thoroughly updated to reflect the latest advances and technologies, Braddom's Physical Medicine and Rehabilitation, 6th Edition, remains the market leader in the field of PM&R. For more than 20 years, this bestselling reference has been the go-to resource for the entire rehabilitation team, providing in-depth coverage of essential core principles along with the latest research, technologies, and procedures that enhance patient care and facilitate optimal return to function. In this edition, lead editor Dr. David X. Cifu and his team of expert associate editors and contributing authors employ a more succinct format that emphasizes need-to-know material, incorporating new key summary features, including high-yield information and study sheets for problem-based learning. - Focuses more heavily on rehabilitation, with case studies throughout and more comprehensive coverage of stroke evaluation, rehabilitation, and therapies. - Provides expanded information on key topics such as interventional pain management options, gait and prosthetics, USG, fluoroscopy, electrodiagnosis and more. - Features a new chapter on Occupational Medicine and Vocational Rehabilitation, plus enhanced coverage of the neurogenic bladder, rehabilitation and prosthetic restoration in upper limb amputation, and acute medical conditions including cardiac disease, medical frailty, and renal failure. - Discusses quality and outcome measures for medical rehabilitation, practical aspects of impairment rating and disability determination, integrative medicine in rehabilitation, and assistive technology. - Offers highly illustrated, templated chapters that are easy to navigate without sacrificing coverage of key topics. - Includes access to dozens of even more practical videos and hundreds of integrated self-assessment questions for more effective learning and retention. - Enhanced eBook version included with purchase. Your enhanced eBook allows you to access all of the text, figures, and references from the book on a variety of devices.

Critical Perspectives in Rural Development Studies

Critical Perspectives in Rural Development Studies PDF Author: Saturnino M. Borras Jr.
Publisher: Routledge
ISBN: 1317988566
Category : Science
Languages : en
Pages : 267

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Book Description
Agrarian transformations within and across countries have been significantly and dynamically altered during the past few decades compared to previous eras, provoking a variety of reactions from rural poor communities worldwide. The recent convergence of various crises – financial, food, energy and environmental – has put the nexus between ‘rural development’ and ‘development in general’ back onto the center stage of theoretical, policy and political agendas in the world today. Confronting these issues will require (re)engaging with critical theories, taking politics seriously, and utilizing rigorous and appropriate research methodologies. These are the common messages and implications of the various contributions to this collection in the context of a scholarship that is critical in two senses: questioning prescriptions from mainstream perspectives and interrogating popular conventions in radical thinking. This book focuses on key perspectives, frameworks and methodologies in agrarian change and peasant studies. The contributors are leading scholars in the field of rural development studies: Henry Bernstein, Terence J. Byres, Saturnino M. Borras Jr, Marc Edelman, Cristóbal Kay, Benedict Kerkvliet, Philip McMichael, Shahra Razavi, Ian Scoones and Teodor Shanin. This book was previously published as a special issue of the Journal of Peasant Studies.

Fifth World Congress on Disaster Management: Volume IV

Fifth World Congress on Disaster Management: Volume IV PDF Author: S. Anand Babu
Publisher: Taylor & Francis
ISBN: 1000889696
Category : Social Science
Languages : en
Pages : 517

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Book Description
World Congress on Disaster Management (WCDM) brings researchers, policy makers and practitioners from around the world in the same platform to discuss various challenging issues of disaster risk management, enhance understanding of risks and advance actions for reducing risks and building resilience to disasters. The fifth WCDM deliberates on three critical issues that pose the most serious challenges as well as hold the best possible promise of building resilience to disasters. These are Technology, Finance, and Capacity. WCDM has emerged as the largest global conference on disaster management outside the UN system. The fifth WCDM was attended by more than 2500 scientists, professionals, policy makers, practitioners all around the world despite the prevalence of pandemic.

The Future of Coaching

The Future of Coaching PDF Author: Hetty Einzig
Publisher: Taylor & Francis
ISBN: 1317552784
Category : Psychology
Languages : en
Pages : 273

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Book Description
We live in a world that is volatile, uncertain, complex and ambiguous, in which our work and lives are constantly disrupted and changing. But coaches and leaders are still trained to operate within stable models with a uni-focus on performance. Coaches are starting to question the remit of ‘raising performance’ within existing systems, many of which are outdated, dysfunctional and even toxic. The role of the coach today must evolve to become fit for purpose in challenging times and coaching must re-articulate its values, as the essential compass for navigating turbulent waters. In The Future of Coaching, Hetty Einzig examines the role of coaching and leadership in the twenty-first century, and sets out a compelling vision for its future. Drawing on experience gained over twenty-five years of coaching leaders in the corporate and public sectors, in the UK and globally, she challenges the tenet of coaching neutrality. Rather than simply following the client agenda, she encourages coaches to see themselves as partners in courageous leadership and to work towards building an ethical, holistic and networked coaching approach to help create businesses that serve society and our globalised world. The book asks essential questions of coaches working today: how can leaders and coaches become ‘positive deviants’ and transform the rules of the game within cultures where denial and group-think are rife? How can coaches work with the anxious and depressed, embracing the dark as well as the light? Are coaches prepared for the rise of Millennials, women leaders and those over sixty (the Third Acters)? Einzig challenges the model of the Strong Leader in favour of Respons-able leadership based on authentic strength, distributed power and responsive thinking. And she shows how this vision of a transformed workplace is essential for the transformations society must undertake to reclaim a positive future. This thought provoking collection of essays, designed to be read in any order, is enlightening and inspiring reading for coaches in practice and in training, HR and L&D professionals and for leaders everywhere.