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Persistent link: https://www.econbiz.de/10004742457
This paper discusses how international financial institutions (IFIs) can deal with new global challenges. The paper highlights that surveillance is the primary responsibility of the IMF. To make it more effective, more attention should be paid to long-term, structural developments that, if left...
Persistent link: https://www.econbiz.de/10014397231
. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, a …Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development … focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …
Persistent link: https://www.econbiz.de/10012673982
equipped to thrive in this new world. History clearly tells us that closing borders or increasing protectionism is not the way … been the prime beneficiaries of economic openness. According to the World Bank, trade has helped reduce by half the …-moved from being one of the world's poorest nations to middle-income status-which has allowed for increased investments in health …
Persistent link: https://www.econbiz.de/10014408074
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The paper explores the relationship between trade policy and current accounts. The effect on the current account of a change in protection at home and then abroad is analyzed, assuming that the exchange rate floats. The “savings-and-investment approach” is used. It shows that there is no...
Persistent link: https://www.econbiz.de/10014396105
, reserves, capital flows, and external balance sheets of the world's largest economies. The 2018 edition includes an analytical …
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The paper describes the evolution of the corporate stock and bond markets in Korea and the Government’s role in this evolution and its policy with regard to internationalization of the capital market. The paper analyzes problems encountered in gradually opening the Korean capital market to...
Persistent link: https://www.econbiz.de/10014395771