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In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about whether to serve foreign customers by exporting, or by producing abroad. We consider the case of...
Persistent link: https://www.econbiz.de/10014403090
Persistent link: https://www.econbiz.de/10000663179
On March 22, 2017, the Executive Board adopted the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the 'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the'Trusts') which are available for...
Persistent link: https://www.econbiz.de/10014408530
Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the "Guidelines"), which were adopted on March 22, 2017, were further amended on January 12, 2022, by the Executive Board of the IMF. The Guidelines establish the investment objectives and policies to guide the investment of assets of...
Persistent link: https://www.econbiz.de/10014410919
This paper discusses Article IV, Section 8 of the Articles of Agreement which states the requirement of maintenance of the gold value of the IMF's assets. Each member of the IMF is bound to maintain the gold value of the IMF's holdings of the member's currency notwithstanding changes in the par...
Persistent link: https://www.econbiz.de/10014394421
India’s 2005 Article IV Consultation reports that the government’s medium-term fiscal strategy is broadly appropriate …, and faster implementation is crucial for its economy. India’s growth spurt provides a golden opportunity to fast …
Persistent link: https://www.econbiz.de/10014404947
This Selected Issues paper for India reports that rapid growth is presenting new challenges to macroeconomic policy …
Persistent link: https://www.econbiz.de/10014405023
accelerate growth and reduce poverty. The paper assesses empirically whether India has entered a new phase of higher trend growth …
Persistent link: https://www.econbiz.de/10014405042
This paper presents background information to the assessment of competitiveness and exchange rate policy in India, as … enhancing the effectiveness of monetary policy and strengthening the financial system in India. Currency derivatives can provide … of the income distribution and how India can achieve significantly better social outcomes …
Persistent link: https://www.econbiz.de/10014405507
India’s strong growth and macroeconomic stability is owed to its sound macroeconomic policies and past structural … Reserve Bank of India maintains a strong focus on preserving financial stability. Further fiscal consolidation is essential to …
Persistent link: https://www.econbiz.de/10014405508