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Author: Mr.Sébastien Walker
Publisher: International Monetary Fund
ISBN: 1475599137
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
This paper develops a Dynamic Stochastic General Equilibrium (DSGE) model with a financial accelerator which captures key features of low-income countries (LICs). The predominance of supply shocks in LICs poses distinct challenges for policymakers, given the negative correlation between inflation and the output gap in the case of supply shocks. Our results suggest that: (1) in the face of a supply-side shock, the most desirable interest rate rule involves simply targeting current inflation and smoothing the policy interest rate; and (2) ignoring financial frictions when evaluating policy rules can be particularly problematic in LICs, where financial frictions loom especially large.
Author: Mr.Sébastien Walker
Publisher: International Monetary Fund
ISBN: 1475599137
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
This paper develops a Dynamic Stochastic General Equilibrium (DSGE) model with a financial accelerator which captures key features of low-income countries (LICs). The predominance of supply shocks in LICs poses distinct challenges for policymakers, given the negative correlation between inflation and the output gap in the case of supply shocks. Our results suggest that: (1) in the face of a supply-side shock, the most desirable interest rate rule involves simply targeting current inflation and smoothing the policy interest rate; and (2) ignoring financial frictions when evaluating policy rules can be particularly problematic in LICs, where financial frictions loom especially large.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484312511
Category : Business & Economics
Languages : en
Pages : 129
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Book Description
Growth in sub-Saharan Africa has recovered relative to 2016, but the momentum is weak and per capita incomes are expected to barely increase. Further, vulnerabilities have risen in many countries, adding to the urgency of implementing the fiscal consolidations planned in most countries and with stepped up efforts to strengthen growth.
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 148433986X
Category : Business & Economics
Languages : en
Pages : 137
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Book Description
The region is seeing a modest growth uptick, but this is not uniform and the medium-term outlook remains subdued. Growth is projected to rise to 3.4 percent in 2018, from 2.8 percent in 2017, on the back of improved global growth, higher commodity prices, and continued strong public spending. About 3⁄4 of the countries in the region are predicted to experience faster growth. Beyond 2018, growth is expected to plateau below 4 percent, modestly above population growth, reflecting continued sluggishness in the oil-exporting countries and sustained growth in non-resource-intensive countries. A number of countries (Burundi, DRC, South Sudan, and parts of the Sahel) remain locked in internal conflict resulting in record levels of refugees and Internally Displaced Persons, with adverse spillovers to neighboring countries.
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1484315448
Category : Business & Economics
Languages : en
Pages : 19
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Book Description
The Summer 2017 issue of the IMF Research Bulletin highlights new research such as recent IMF Working Papers and Staff Discussion Notes. The Research Summaries are “Structural Reform Packages, Sequencing, and the Informal Economy (by Zsuzsa Munkacsi and Magnus Saxegaard) and “A Broken Social Contract, Not High Inequality Led to the Arab Spring” (by Shantayanan Devarajan and Elena Ianchovichina). The Q&A section features “Seven Questions on Fintech” (by Tommaso Mancini-Griffoli). The Bulletin also includes information on recommended titles from IMF Publications and the latest articles from the IMF Economic Review.
Author: Michael Tamvakis
Publisher: CRC Press
ISBN: 1317663365
Category : Law
Languages : en
Pages : 445
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Book Description
What affects the supply of oil? How important is the weather in determining grain prices? Why has the price of copper skyrocketed? This unique book analyses the economics of key commodity groups, including energy, agriculture and metals. It examines the supply/demand fundamentals of several major and minor commodities, physical characteristics, production and consumption patterns, trade flows and pricing mechanisms. It also explains the main tools used to hedge price risk, such as futures, options and swaps. This second edition has been fully revised and restructured, and contains four new chapters, including oil refining, electricity and price risk management for energy, metals and agricultural commodities This book is an indispensable reference text for students, academics and those working in the commodity business.
Author: Keith Anderson Hope Murray
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 448
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Book Description
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 708
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Book Description
Author: Martin Atela
Publisher: Taylor & Francis
ISBN: 1000580733
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
This book explores the ways in which political settlements can contribute to positive changes in Africa’s agricultural and manufacturing sectors. Contemporary Africa has seen many governments, donors, and commercial private enterprises supporting innovative agricultural and agroprocessing schemes with the purpose of diversifying economies. However, many of the schemes collapse or at best fail to generate the needed jobs. Focusing on case studies in Kenya, Nigeria, and Ethiopia, this book takes an interdisciplinary approach that combines economic analysis, life histories, policy approaches methods, and political economy theory to reframe the field with new questions. The contributors offer alternative explanations for the failure of employment creation schemes in Africa and show how political settlements can bring together stakeholders to settle on win–win approaches to productive employment schemes and inclusive development. Providing new insights on the political economy of agrarian and labour relations in Africa, this book will be of interest to policy actors and development practitioners wishing to support inclusive growth in Africa, as well as to scholars of African politics and economics, public policy, and development.
Author: Great Britain. Parliament. House of Commons
Publisher:
ISBN:
Category : Great Britain
Languages : en
Pages : 944
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Book Description
Author: Great Britain. Dominions Royal Commission
Publisher:
ISBN:
Category : Commonwealth countries
Languages : en
Pages : 214
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Book Description
