Poverty Reduction and Growth Trust - 2016 Borrowing Agreements with Danmarks Nationalbank, the Norwegian Ministry of Finance Representing the Kingdom of Norway, and the Sveriges Riksbank

Poverty Reduction and Growth Trust - 2016 Borrowing Agreements with Danmarks Nationalbank, the Norwegian Ministry of Finance Representing the Kingdom of Norway, and the Sveriges Riksbank PDF Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 149834500X
Category : Business & Economics
Languages : en
Pages : 14

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Book Description
The Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust),entered into an amendment of the 2010 borrowing agreement with Danmarks Nationalbank, and new borrowing agreements with the Norwegian Ministry of Finance representing the Kingdom of Norway and the Sveriges Riksbank (hereafter Denmark, Norway, and Sweden, respectively), by which the counterparties will provide new resources to the Loan Accounts of the PRGT in the total amount of SDR 1.1 billion (see attachments). The augmentation under the amendment and the two new agreements are the first three loan contributions to be concluded in the context of the current Board-endorsed effort to raise SDR 11 billion in new PRGT loan resources. These amendment and new agreements became effective on November 17, 2016.

Poverty Reduction and Growth Trust - 2016 Borrowing Agreements with Danmarks Nationalbank, the Norwegian Ministry of Finance Representing the Kingdom of Norway, and the Sveriges Riksbank

Poverty Reduction and Growth Trust - 2016 Borrowing Agreements with Danmarks Nationalbank, the Norwegian Ministry of Finance Representing the Kingdom of Norway, and the Sveriges Riksbank PDF Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 149834500X
Category : Business & Economics
Languages : en
Pages : 14

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Book Description
The Fund, as Trustee of the Poverty Reduction and Growth Trust (PRGT or Trust),entered into an amendment of the 2010 borrowing agreement with Danmarks Nationalbank, and new borrowing agreements with the Norwegian Ministry of Finance representing the Kingdom of Norway and the Sveriges Riksbank (hereafter Denmark, Norway, and Sweden, respectively), by which the counterparties will provide new resources to the Loan Accounts of the PRGT in the total amount of SDR 1.1 billion (see attachments). The augmentation under the amendment and the two new agreements are the first three loan contributions to be concluded in the context of the current Board-endorsed effort to raise SDR 11 billion in new PRGT loan resources. These amendment and new agreements became effective on November 17, 2016.

Poverty Reduction and Growth Trust

Poverty Reduction and Growth Trust PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Fundamental Drivers of House Prices in Advanced Economies

Fundamental Drivers of House Prices in Advanced Economies PDF Author: Ms.Nan Geng
Publisher: International Monetary Fund
ISBN: 1484367626
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
House prices in many advanced economies have risen substantially in recent decades. But experience indicates that housing prices can diverge from their long-run equilibrium or sustainable levels, potentially followed by adjustments that impact macroeconomic and financial stability. Therefore there is a need to monitor house prices and assess whether they are sustainable. This paper focuses on fundamentals expected to drive long run trends in house prices, including institutional and structural factors. The scale of potential valuation gaps is gauged on the basis of a cross-country panel analysis of house prices in 20 OECD countries.

Nordic Economic Policy Review 2021: Nordic Housing Markets and Policies

Nordic Economic Policy Review 2021: Nordic Housing Markets and Policies PDF Author: Anundsen, André Kallåk
Publisher: Nordic Council of Ministers
ISBN: 9289369876
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
Available online: https://pub.norden.org/nord2021-022/ This issue of Nordic Economic Policy Review is devoted to Nordic housing markets and housing policies. Nordic housing markets face more or less the same problems and challenges, but the way policies and regulations deal with them differs in many respects. A comparison of policies, regulations and results across countries yields valuable lessons for policymakers. The work has been led and edited by Professor emeritus Harry Flam and Professor emeritus Peter Englund.

Handbook on Residential Property Prices (RPPIs)

Handbook on Residential Property Prices (RPPIs) PDF Author: Statistical Office of the European Communities
Publisher: International Monetary Fund
ISBN: 1475588313
Category : Business & Economics
Languages : en
Pages : 186

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Book Description
For most citizens, buying a residential property (dwelling) is the most important transaction during their lifetime. Residential properties represent the most significant component of households’ expenses and, at the same time, their most valuable assets. The Residential Property Prices Indices (RPPIs) are index numbers measuring the rate at which the prices of residential properties are changing over time. RPPIs are key statistics not only for citizens and households across the world, but also for economic and monetary policy makers. Among their professional uses, they serve, for example, to monitor macroeconomic imbalances and risk exposure of the financial sector. This Handbook provides, for the first time, comprehensive guidelines for the compilation of RPPIs and explains in depth the methods and best practices used to calculate an RPPI. It also examines the underlying economic and statistical concepts and defines the principles guiding the methodological and practical choices for the compilation of the indices. The Handbook primarily addresses official statisticians in charge of producing residential property price indices; at the same time, it addresses the overall requirement on RPPIs by providing a harmonised methodological and practical framework to all parties interested in the compilation of such indices. The RPPIs Handbook has been written by leading academics in index number theory and by recognised experts in RPPIs compilation. Its development has been coordinated by Eurostat, the statistical office of the European Union, with the collaboration of the International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE) and the World Bank.

2011 Standard Catalog of World Coins 1901-2000

2011 Standard Catalog of World Coins 1901-2000 PDF Author: George S. Cuhaj
Publisher: Penguin
ISBN: 1440215146
Category : Antiques & Collectibles
Languages : en
Pages : 16957

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Book Description
The most universally accepted book on world coins with the most up to date pricing - it's the one you need The 2011 Standard Catalog of® World Coins 1901-2000 offers information compiled from data provided by over 100 experts from around the world and garnered from a variety of internet sources including popular online auctions sites. With few exceptions, the values stated in this 38th edition have risen over those in previous catalogs. From researchers to collectors to dealers, everyone counts on this single reference. The Standard Catalog of® World Coins has been the hobby's central information source for nearly 40 years.Within these covers, you will find that each coin listing provides: • Up-to-date values listed by date and grade • Universal KM reference number • Clear descriptions of obverse and reverse designs Coins struck in gold, platinum, palladium and silver offer the following ideal information for charting a course in this turbulent precious metals market: • Total coin weight • Fineness • Actual precious metal weight The Standard Catalog of® World Coins is the coin catalog you've come to depend on and the one you can trust for the best in world numismatics.

In Defence of Small States

In Defence of Small States PDF Author: Hannes H. Gissurarson
Publisher: New Direction
ISBN:
Category : Political Science
Languages : en
Pages : 43

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Book Description
The proliferation of small states is partly because economic integration has made political disintegration possible. Through the global free market, small nations can reap the benefits of international division of labour. Small states also tend to have more transparent political structures and a higher level of trust.

Macroprudential Policies and House Prices in Europe

Macroprudential Policies and House Prices in Europe PDF Author: Mr.Marco Arena
Publisher: International Monetary Fund
ISBN: 1513512250
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
Macroprudential policy in Europe aligns with the objective of limiting systemic risk, namely the risk of widespread disruption to the provision of financial services that is caused by an impairment of all or parts of the financial system and that can cause serious negative consequences for the real economy.

Future Drivers of Growth in Rwanda

Future Drivers of Growth in Rwanda PDF Author: The World Bank;Government of Rwanda
Publisher: World Bank Publications
ISBN: 1464812853
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
A strong and widely acknowledged record of economic success-including a three-and-a-half-fold increase in per capita income since 1994--places Rwanda among the world’s fastest--growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form--of a nation on the rise, powered by human resilience, a sense of common purpose, and a purposeful government. Past successes and a sense of frailty have fueled aspirations for a secure, prosperous, and modern future. Sustaining high rates of economic growth is at the heart of these ambitions. Recent formulations of the nation’s Vision 2050 set a target of achieving upper-middle-income status by 2035 and high-income status by 2050. Future Drivers of Growth in Rwanda: Innovation, Integration, Agglomeration, and Competition, a joint undertaking by experts from Rwanda and the World Bank Group, evaluates the country’s possibilities and options in this endeavor. The report identifies four essential drivers of growth--innovation, integration, agglomeration, and competition--and reforms in six priority areas: human capital development, export dynamism and regional integration, well-managed urbanization, competitive domestic enterprises, agricultural modernization, and capable and accountable public institutions.

Inflation in Emerging and Developing Economies

Inflation in Emerging and Developing Economies PDF Author: Jongrim Ha
Publisher: World Bank Publications
ISBN: 1464813760
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.