Search Results - subject:"Net Foreign Assets"

The Potential Contribution of Fiscal Policy to Rebalancing and Growth in New Zealand

Schule, Werner - International Monetary Fund (IMF) - 2010

Simulations with the Fundâ€™s GIMF model show that raising government savings in New Zealand permanently by 1 percent of GDP is likely to improve the current account balance by about Â½ percent of GDP. The way government savings are achieved matters for GDP but little for the current...

Persistent link: https://www.econbiz.de/10008560444

Financial Remoteness and the Net External Position

Schmitz, Martin - Institute for International Integration Studies (IIIS), … - 2010

This paper shows that, controlling for standard determinants of net external positions, financially-remote countries exhibit more positive net external positions. This finding is found to be stronger for less advanced countries, hinting at external funding problems for more remote countries....

Persistent link: https://www.econbiz.de/10008587207

European Financial Linkages; A New Look At Imbalances

International Monetary Fund (IMF); International … - 2010

We document external investment positions among European Union countries at the start of the financial crisis through the creation of a new database comprising bilateral external financial asset and liabilities, excluding reserve assets and derivatives. While there are some gaps in the data, the...

Persistent link: https://www.econbiz.de/10008839331

Sustainable Real Exchange Rates in the New Eu Member States; What Did the Great Recession Change?

Smídková, Katerina; Babecky, Jan; Bulir, Ales - International Monetary Fund (IMF) - 2010

The Great Recession affected export and import patterns in our sample countries, and these changes, coupled with a more volatile external environment, have profound impact on our estimates of real exchange rate misalignments and projections of sustainable real exchange rates. We find that real...

Persistent link: https://www.econbiz.de/10008671298

Commodity Windfalls, Polarization, and Net Foreign Assets; Panel Data Evidenceon the Voracity Effect

Bruckner, Markus; Arezki, Rabah - International Monetary Fund (IMF) - 2010

This paper examines the effect that windfalls from international commodity price booms have on net foreign assets in a … booms lead to a significant increase in net foreign assets, but only in countries that are homogeneous. In polarized … countries, net foreign assets significantly decreased. To explain this asymmetry, the paper shows that in polarized countries …

Persistent link: https://www.econbiz.de/10008671299

Excess returns on net foreign assets: the exorbitant privilege from a global perspective

Habib, Maurizio Michael - 2010

This paper studies net foreign assets and the differential returns between gross foreign assets and liabilities for a … imparting a drift to net foreign assets over the long-run, whereas the latter dominate short-term dynamics. Excess returns on … net foreign assets of the United States are indeed exorbitant from a global perspective, only occasionally matched by …

Persistent link: https://www.econbiz.de/10011605204

Republic of Tajikistan; Third Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Nonobservance of a Performance Criterion and Request for Modification of a Performance Criterion-Staff Report; Staff Supplements; Press Release on the Executive Board Discussion.

International Monetary Fund (IMF); International … - 2010

Economic activity is on the upswing in Tajikistan, bolstered by higher hydroelectric power production. The government is working to address the structural energy deficit and achieve energy independence, raise social expenditures, maintain a flexible exchange rate regime, and continue structural...

Persistent link: https://www.econbiz.de/10011242866

Kuwait; Statistical Appendix

International Monetary Fund (IMF); International … - 2010

reserves and net foreign assets of the financial sector along with other major areas. …

Persistent link: https://www.econbiz.de/10011243119

Qatar; Statistical Appendix

International Monetary Fund (IMF); International … - 2010

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Persistent link: https://www.econbiz.de/10011243548

New Zealand; Selected Issues Paper

International Monetary Fund (IMF); International … - 2010

This Selected Issues paper focuses on the issues of fiscal policy, rebalancing, and growth in New Zealand. The paper discusses that a key policy challenge for New Zealand is to rebalance the economy and reduce external vulnerabilities. It provides model-based estimates of the potential...

Persistent link: https://www.econbiz.de/10011244587