Fiscal Deficits, Monetary Reform, and Inflation Stabilization in Romania PDF Download
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Author: Nina Budina
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 38
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Book Description
Fiscal problems are a key factor behind the inflation that has persisted in Eastern Europe since 1989. Deficits need to be cut back, but by how much for a given inflation target? A simple framework links debt, the deficit, and inflation to assess the fiscal stance of the Romanian economy.
Author: Nina Budina
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 38
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Book Description
Fiscal problems are a key factor behind the inflation that has persisted in Eastern Europe since 1989. Deficits need to be cut back, but by how much for a given inflation target? A simple framework links debt, the deficit, and inflation to assess the fiscal stance of the Romanian economy.
Author: Nina Budina
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 40
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Book Description
Fiscal problems are a key factor behind the inflation that has persisted in Eastern Europe since 1989. Deficits need to be cut back, but by how much for a given inflation target? A simple framework links debt, the deficit, and inflation to assess the fiscal stance of the Romanian economy.
Author: David E. Altig
Publisher: Cambridge University Press
ISBN: 0521848504
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
The essays in this volume investigate the challenges of transitioning to lower levels of inflation and conducting monetary policy in low-inflation economies. The essays make both theoretical and empirical contributions.
Author: Paul Ely Beckerman
Publisher: World Bank Publications
ISBN:
Category : Bank assets
Languages : en
Pages : 38
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Book Description
A spreadsheet planning model to help determine the government deficit consistent with a specified vector of country macroeconomic objectives.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344062
Category : Business & Economics
Languages : en
Pages : 74
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Book Description
Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Author: Klaus W. Deininger
Publisher: World Bank Publications
ISBN:
Category : Agricultura - Zambia
Languages : en
Pages : 28
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Book Description
Policies to foster accumulation of the assets needed for agricultural production (including draft animals and implements) and to provide complementary public goods (education, credit, and good agricultural extension services)could greatly help reduce poverty and improve productivity in Zambia.
Author: Mitchell Alexander Orenstein
Publisher: World Bank Publications
ISBN:
Category : Bank
Languages : en
Pages : 80
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Book Description
During reform's three phases (commitment-building, coalition building, and implementation) there are tradeoffs among inclusiveness (of process), radicalism (of reform), and participation in, and compliance with the new system. Including more and more various veto and proposal actors, early in the deliberative process, may increase buy-in and compliance when pension reform is implemented but at the expense of faster and greater change.
Author: Roberto Chang
Publisher: World Bank Publications
ISBN:
Category : Bankruptcy and Resolution of Financial Distress
Languages : en
Pages : 40
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Book Description
What can the international community do to prevent financial contagion?
Author:
Publisher: World Bank Publications
ISBN:
Category : Administrative responsibility
Languages : en
Pages : 50
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Book Description
In a new approach to measuring typically "subjective" variables , BEEPS (the 1999 Business Environment and Enterprise Performance Survey, the transition economies component of the World Business Environment Survey) quantitatively assesses governance from the perspective of about 3,000 firms in 20 countries. Unbundling the measurement of governance and corruption empirically suggests the importance of grand corruption in some countries, manifested in state capture by the corporate sector, through the "purchase" of decrees and legislation, and by graft in procurement.
Author: Maria Soledad Martinez Peria
Publisher: World Bank Publications
ISBN:
Category : Banks and banking
Languages : en
Pages : 86
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Book Description
Policymakers in countries undergoing banking crises should not worry about the structural stability of money demand functions; the behavior of money demand during crises can be modeled by the same function used during periods of tranquility. But policymakers should be aware that in some instances crises can give rise to variance instability in the price or inflation equations.
