Inflation, Uncertainty, and Growth in Colombia

Inflation, Uncertainty, and Growth in Colombia PDF Author: Mr.Henry Ma
Publisher: International Monetary Fund
ISBN: 1451981589
Category : Business & Economics
Languages : en
Pages : 31

Get Book Here

Book Description
It has been argued that higher levels of inflation lead to greater uncertainty about future inflation and to greater dispersion of relative prices. In either case, inflation could reduce the efficiency of market prices in coordinating economic activities. This paper shows that the rise of inflation in Colombia, from low levels in the 1950s to average rates of 18–22 percent since the 1970s, has been accompanied by increased uncertainty and relative price dispersion; and that inflation has had a negative and persistent effect on real GDP growth.

Inflation, Uncertainty, and Growth in Colombia

Inflation, Uncertainty, and Growth in Colombia PDF Author: Mr.Henry Ma
Publisher: International Monetary Fund
ISBN: 1451981589
Category : Business & Economics
Languages : en
Pages : 31

Get Book Here

Book Description
It has been argued that higher levels of inflation lead to greater uncertainty about future inflation and to greater dispersion of relative prices. In either case, inflation could reduce the efficiency of market prices in coordinating economic activities. This paper shows that the rise of inflation in Colombia, from low levels in the 1950s to average rates of 18–22 percent since the 1970s, has been accompanied by increased uncertainty and relative price dispersion; and that inflation has had a negative and persistent effect on real GDP growth.

Colombia

Colombia PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451808739
Category : Business & Economics
Languages : en
Pages : 133

Get Book Here

Book Description
This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.

Inflation Uncertainty, Monetary Shocks and Economic Growth

Inflation Uncertainty, Monetary Shocks and Economic Growth PDF Author: Branko J. Marić Arata
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 96

Get Book Here

Book Description


Inflation, Monetary Balances and the Aggregate Production Function

Inflation, Monetary Balances and the Aggregate Production Function PDF Author: Robert M. Buckley
Publisher: World Bank Publications
ISBN:
Category : Colombia
Languages : en
Pages : 54

Get Book Here

Book Description


Macroeconomics and Development

Macroeconomics and Development PDF Author: Mario Damill
Publisher: Columbia University Press
ISBN: 023154121X
Category : Business & Economics
Languages : en
Pages : 405

Get Book Here

Book Description
Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies. The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.

IMF Staff Papers, Volume 46, No. 1

IMF Staff Papers, Volume 46, No. 1 PDF Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451974558
Category : Business & Economics
Languages : en
Pages : 116

Get Book Here

Book Description
This economic journal contains theoretical and empirical analyses of varous macroeconomic issues. The studies are prepapred by IMF research staff or consultants. Subjects covered inclulde balance of payments and exchange rates, monetary systems and policies, public finances, international trade, economic growth, and some sectoral analyses. The last issue of the year contains an index to the volume. Approximately 200 pages in each issue.

IMF Macroeconomic Research on Low-Income Countries

IMF Macroeconomic Research on Low-Income Countries PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781589062733
Category : Business & Economics
Languages : en
Pages : 130

Get Book Here

Book Description
Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.

Economic and Financial Challenges for Balkan and Eastern European Countries

Economic and Financial Challenges for Balkan and Eastern European Countries PDF Author: Marietta Janowicz-Lomott
Publisher: Springer Nature
ISBN: 3030399273
Category : Business & Economics
Languages : en
Pages : 348

Get Book Here

Book Description
This proceedings book presents selected papers from the 10th international conference on the "Economies of the Balkan and Eastern European Countries in the Changing World" (EBEEC), held in Warsaw, Poland, in May 2018. In addition to discussing the latest research, it includes papers adopting a wide variety of theoretical approaches and empirical methodologies and covering a number of key areas, such as international economics, economic growth, finance and banking, insurance, healthcare, agriculture, labor and energy markets, innovation, management and marketing. In addition, the authors discuss policy instruments and best practices for the region. This book appeals to scholars and students in fields of economics and finance as well as practitioners interested in the development of the region.

IMF Staff Papers

IMF Staff Papers PDF Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451956029
Category : Business & Economics
Languages : en
Pages : 229

Get Book Here

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.

Ibss: Economics: 1999

Ibss: Economics: 1999 PDF Author: Compiled by the British Library of Political and Economic Science
Publisher: Psychology Press
ISBN: 9780415240093
Category :
Languages : en
Pages : 660

Get Book Here

Book Description
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences