Search Results - subject:"MONETARY INSTRUMENTS"

Inflation in Tajikistan; Forecasting Analysis and Monetary Policy Challenges

Vtyurina, Svetlana; Alturki, Fahad - International Monetary Fund (IMF) - 2010

benefit from enhancing its monetary instruments toolkit, including by developing the interest rate channel, to improve its … demonstrates that the exchange rate and international inflation have a strong impact on local prices. Available monetary … instruments, such as the refinancing rate, have proven to be ineffective. Therefore, the Tajik monetary authority could greatly …

Persistent link: https://www.econbiz.de/10008519491

Weathering the Global Storm; The Benefits of Monetary Policy Reform in the La5 Countries

International Monetary Fund (IMF); International … - 2010

This paper highlights that central banks from Brazil, Chile, Colombia, Mexico, and Peru (the LA5 countries) reaped the benefits of what they sowed in successfully weathering the global crisis. The adoption of far-reaching institutional, policy, and operational reforms during the last two decades...

Persistent link: https://www.econbiz.de/10008777018

Monetary Transmission in Low Income Countries

Montiel, Peter; Spilimbergo, Antonio; Mishra, Prachi - International Monetary Fund (IMF) - 2010

This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs relative to advanced and emerging economies. Given the weak institutional frameworks, reduced role of securities markets, imperfect...

Persistent link: https://www.econbiz.de/10008671304

Monetary Policy Matters; New Evidence Basedon a New Shock Measure

Crowe, Christopher W.; Barakchian, S. Mahdi - International Monetary Fund (IMF) - 2010

Conventional VAR and non-VAR methods of identifying the effects of monetary policy shocks on the economy have found a negative output response to monetary tightening using U.S. data over the 1960s-1990s. However, we show that these methods fail to find this contractionary effect when the sample...

Persistent link: https://www.econbiz.de/10008680269

British Virgin Islands; Financial Sector Assessment Program Update: Financial System Stability Assessment

International Monetary Fund (IMF); International … - 2010

This paper focuses on financial regulatory policies and stability. The British Virgin Islands (BVI) provides administrative, audit, and legal services to international business companies, which is another key component of the economy. Developments in the financial sector and regulatory framework...

Persistent link: https://www.econbiz.de/10011244686

United States; Publication of Financial Sector Assessment Program Documentation: Detailed Assessment of Observance of IAIS Insurance Core Principles

International Monetary Fund (IMF); International … - 2010

This paper discusses key findings of the Detailed Assessment of Observance of International Association of Insurance Supervisors (IAIS) Insurance Core Principles for the United States. Most U.S. insurers write primary insurance on U.S. risks. The U.S. market is characterized by low market...

Persistent link: https://www.econbiz.de/10011244770

St. Vincent and the Grenadines; Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

International Monetary Fund (IMF); International … - 2010

St. Vincent and the Grenadines (SVG) is exposed to money laundering (ML) and financing of terrorism (FT) risk related to drug trafficking and international criminal groups. The financing of terrorism has also been criminalized and is largely in conformity with the Suppression of the Financing of...

Persistent link: https://www.econbiz.de/10011244820

Union of the Comoros; Report on Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

International Monetary Fund (IMF); International … - 2010

This report on the Observance of Standards and Codes for the Financial Action Task Force (FATF) 40 Recommendations for Anti-Money Laundering (AML) and 9 Special Recommendations on Combating the Financing of Terrorism (CFT) was prepared by the Legal Department of the IMF. It provides a summary of...

Persistent link: https://www.econbiz.de/10011244979

Kingdom of the Netherlands-Aruba; 2010 Article IV Consultation Discussions-Staff Report; Informational Annex; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of the Netherlands-Aruba

International Monetary Fund (IMF); International … - 2010

Aruba has an open economy with a history of stability-oriented macroeconomic policies. Adverse external shocks have led to a decline in tourism and disruption of oil refinery operations. Serious fiscal challenges need to be addressed and a fiscal adjustment program is needed to safeguard the...

Persistent link: https://www.econbiz.de/10011245545

Money transmission mechanisms and identified long-run relationships between the banking sector's balance sheet and the macroeconomy in Pakistan

Ford, James L.; Mohammad, Zahid - 2010

Persistent link: https://www.econbiz.de/10009374204