Author: Luis de Sebastián
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 162
Book Description
Inflation, Money and the Balance of Payments in El Salvador
Author: Luis de Sebastián
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 162
Book Description
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 162
Book Description
1978–1989
Author: Heinz-Dietrich Fischer
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110862921
Category : Language Arts & Disciplines
Languages : en
Pages : 380
Book Description
No detailed description available for "1978-1989".
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110862921
Category : Language Arts & Disciplines
Languages : en
Pages : 380
Book Description
No detailed description available for "1978-1989".
El Salvador Business Law Handbook Volume 1 Strategic Information and Basic Laws
Author: IBP USA
Publisher: Lulu.com
ISBN: 1438769776
Category : Business & Economics
Languages : en
Pages : 266
Book Description
El Salvador Business Law Handbook - Strategic Information and Basic Laws
Publisher: Lulu.com
ISBN: 1438769776
Category : Business & Economics
Languages : en
Pages : 266
Book Description
El Salvador Business Law Handbook - Strategic Information and Basic Laws
Annual Report of the Executive Directors for the Fiscal Year
Author: International Monetary Fund
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 784
Book Description
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 784
Book Description
Balance of Payments Imbalances, by Alan Greenspan
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 145195011X
Category : Business & Economics
Languages : en
Pages : 39
Book Description
This paper focuses on the developing countries, which accounted for nearly half the value of those surpluses, were apparently unable to find sufficiently profitable investments at home that overcame market and political risk. The United States a decade ago likely could not have run up today’s near $800 billion annual deficit for the simple reason that we could not have attracted the foreign savings to finance it. In 1995, for example, total cross-border saving was less than $300 billion. The long-term updrift in this broader swath of unconsolidated deficits and mostly offsetting surpluses of economic entities has been persistent but gradual for decades, probably generations. However, the component of that broad set that captures only the net foreign financing of the imbalances of the individual US economic entities, our current account deficit, increased from negligible in the early 1990s to 6.2 percent of our GDP by 2006.
Publisher: International Monetary Fund
ISBN: 145195011X
Category : Business & Economics
Languages : en
Pages : 39
Book Description
This paper focuses on the developing countries, which accounted for nearly half the value of those surpluses, were apparently unable to find sufficiently profitable investments at home that overcame market and political risk. The United States a decade ago likely could not have run up today’s near $800 billion annual deficit for the simple reason that we could not have attracted the foreign savings to finance it. In 1995, for example, total cross-border saving was less than $300 billion. The long-term updrift in this broader swath of unconsolidated deficits and mostly offsetting surpluses of economic entities has been persistent but gradual for decades, probably generations. However, the component of that broad set that captures only the net foreign financing of the imbalances of the individual US economic entities, our current account deficit, increased from negligible in the early 1990s to 6.2 percent of our GDP by 2006.
IMF Staff papers
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 145197146X
Category : Business & Economics
Languages : en
Pages : 208
Book Description
This paper explains contribution of the September 1949 devaluations to the solution of Europe’s dollar problem. After the devaluations, the dollar value of exports to the United States from the devaluing countries in Europe recovered from the low levels of the second and third quarters of 1949, but this recovery, which restored exports in the first half of 1950 approximately to the 1948 level should be attributed in large part to the recovery in the US economy rather than to the devaluations. Between the first half of 1949 and the first half of 1950, Europe's dollar imports declined by one-third. Most of this decline occurred, however, between the second and third quarter of 1949, that is, before the devaluations. With imports generally controlled, the effect of the devaluations appeared much more in the reduction of pressure on the control authorities, the substitution of the price mechanism for at least part of the controls as barriers to imports, and the consequent more rational allocation of the relatively scarce dollars among different uses and different users.
Publisher: International Monetary Fund
ISBN: 145197146X
Category : Business & Economics
Languages : en
Pages : 208
Book Description
This paper explains contribution of the September 1949 devaluations to the solution of Europe’s dollar problem. After the devaluations, the dollar value of exports to the United States from the devaluing countries in Europe recovered from the low levels of the second and third quarters of 1949, but this recovery, which restored exports in the first half of 1950 approximately to the 1948 level should be attributed in large part to the recovery in the US economy rather than to the devaluations. Between the first half of 1949 and the first half of 1950, Europe's dollar imports declined by one-third. Most of this decline occurred, however, between the second and third quarter of 1949, that is, before the devaluations. With imports generally controlled, the effect of the devaluations appeared much more in the reduction of pressure on the control authorities, the substitution of the price mechanism for at least part of the controls as barriers to imports, and the consequent more rational allocation of the relatively scarce dollars among different uses and different users.
Latin America Report
Author:
Publisher:
ISBN:
Category : Latin America
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Latin America
Languages : en
Pages : 96
Book Description
El Salvador
Author:
Publisher:
ISBN:
Category : El Salvador
Languages : en
Pages : 16
Book Description
Publisher:
ISBN:
Category : El Salvador
Languages : en
Pages : 16
Book Description
IMF Staff Papers
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451956029
Category : Business & Economics
Languages : en
Pages : 229
Book Description
This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.
Publisher: International Monetary Fund
ISBN: 1451956029
Category : Business & Economics
Languages : en
Pages : 229
Book Description
This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.
IMF Staff papers
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451930860
Category : Business & Economics
Languages : en
Pages : 180
Book Description
The purpose of this paper is to describe the role and the operating significance of IMF quotas. Each member of the IMF has a quota, the functions of which are threefold. These functions are interrelated, but the attempt to find a series of figures that would effectively perform all these functions for each member necessitated a large amount of compromise in the determination of quotas. A quota determines the subscription or contribution of each member to the capital of the IMF; and the total of the quotas of all members determines the size of the IMF’s financial resources. Each member is required to pay to the IMF of its quota in gold, and the balance in its own currency. Apart from any retained profits or accumulated losses, quotas directly determine the total assets of the IMF. Assets can be increased only by admitting new members or by increasing the quotas of existing members, though the Fund may under prescribed conditions increase the funds at its disposal by borrowing.
Publisher: International Monetary Fund
ISBN: 1451930860
Category : Business & Economics
Languages : en
Pages : 180
Book Description
The purpose of this paper is to describe the role and the operating significance of IMF quotas. Each member of the IMF has a quota, the functions of which are threefold. These functions are interrelated, but the attempt to find a series of figures that would effectively perform all these functions for each member necessitated a large amount of compromise in the determination of quotas. A quota determines the subscription or contribution of each member to the capital of the IMF; and the total of the quotas of all members determines the size of the IMF’s financial resources. Each member is required to pay to the IMF of its quota in gold, and the balance in its own currency. Apart from any retained profits or accumulated losses, quotas directly determine the total assets of the IMF. Assets can be increased only by admitting new members or by increasing the quotas of existing members, though the Fund may under prescribed conditions increase the funds at its disposal by borrowing.