Download or read book Positioning Central Bank Digital Currency in the Payments Landscape written by Manisha Patel and published by International Monetary Fund. This book was released on 2024-10-02 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency (CBDC), fast payment systems (FPS), and electronic money (e-money) solutions. Common questions arising include: Do central banks need a CBDC when already equipped with other well-established digital payments systems? For central banks with less-developed solutions: Should central banks establish one system over the other? This discussion is then compounded by the reality of constrained resources. This note focuses on the comparison of retail CBDC—that is, the presence of digital central bank money available to the general public—with FPS and e-money systems from a payments perspective, and how CBDC may support a jurisdiction’s vision on payments in the digital age. The note does not seek to advocate for CBDC over an FPS or e-money. The balance of arguments for any one system may change over time, and the choice may not be mutually exclusive in many jurisdictions. In the future, it is possible to envisage the coexistence of an FPS, e-money, and CBDC in many payment landscapes across the world. Through good design, all three systems could meet central bank objectives such as payments efficiency and supporting financial inclusion; some benefits are unique to CBDC, such as maintaining access to central bank money in an increasingly digitalized age. While central banks will make choices unique to their circumstances, it remains important for central banks to establish a strategy that allows them (at minimum) to monitor trends and core benefits of multiple solutions as developments occur, to allow them to plan, adapt, and drive developments in their payments landscape.

Download or read book Nordic Central and Southeastern Europe 2019 2020 written by and published by Rowman & Littlefield. This book was released on 2019-10-22 with total page 649 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students.Now in its 19th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.

Download or read book Nordic Central and Southeastern Europe 2020 2022 written by and published by Rowman & Littlefield. This book was released on 2021-09-15 with total page 627 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Today Series: Nordic, Central, and Southeastern Europe is an annually updated presentation of each sovereign country in Nordic, Central and Southeastern Europe, past and present. It is organized by individual chapters for each country and presents a complete and authoritative overview of each region’s geography, people, history, political system, constitution, parliament, parties, political leaders, and elections. The combination of factual accuracy and up-to-date detail along with its informed projections make this an outstanding resource for researchers, practitioners in international development, media professionals, government officials, potential investors and students. Now in its 20th edition, the content is thorough yet perfect for a one-semester introductory course or general library reference. Available in both print and e-book formats and priced low to fit student and library budgets.

Download or read book OECD Agriculture and Food Policy Reviews Policies for the Future of Farming and Food in Norway written by OECD and published by OECD Publishing. This book was released on 2021-03-02 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norway is performing unevenly across its four agricultural policy objectives. While Norway enjoys a high level of food security and is meeting its aim of maintaining agricultural production across the country, both environmental performance and the efficient creation of value added along the food chain are compromised by support policies linked to production levels.

Download or read book State of Health in the EU Norway Country Health Profile 2021 written by OECD and published by OECD Publishing. This book was released on 2021-12-13 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This profile provides a concise and policy-relevant overview of health and the health system in Norway as part of the broader series of the State of Health in the EU country profiles. It provides a short synthesis of: the health status in the country; the determinants of health, focussing on behavioural risk factors; the organisation of the health system; and the effectiveness, accessibility and resilience of the health system. This edition has a special focus on the impact of COVID‐19.

Download or read book OECD Economic Surveys Norway 2022 written by OECD and published by OECD Publishing. This book was released on 2022-02-22 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD’s periodic surveys of the Norwegian economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.

Download or read book Counting the Oil Money and the Elderly Norway s Public Sector Balance Sheet written by Ezequiel Cabezon and published by International Monetary Fund. This book was released on 2018-08-27 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a permanent income analysis, Gagnon (2018) has prominently suggested that Norway has saved too much, thereby free-riding on the rest of the world for demand. Our public sector balance sheet analysis comes to the opposite conclusion, chiefly because it also accounts for future aging costs. Unsurprisingly, we find that Norway’s current assets exceed its liabilities by some 340 percent of mainland GDP. But its nonoil fiscal deficits have grown very large (to almost 8 percent of mainland GDP) and aging pressures are only commencing. Therefore, Norway’s intertemporal financial net worth (IFNW) is negative, at about -240 percent of mainland GDP. As IFNW represents an intertemporal budget constraint, this implies that Norway’s savings are likely insufficient to address aging costs without additional fiscal action.

Download or read book The Use of Economic Instruments written by Hrafnhildur Bragadóttir and published by Nordic Council of Ministers. This book was released on 2014-08-18 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Working Group on Environment and Economy of the Nordic Council of Ministers publishes regular reports on the use of economic instruments in Nordic environmental policy. This report is part of that series and has two parts. Part 1 presents an overview of the use of economic instruments in Nordic environmental policy, with a focus on policy changes over the period 2010-2013. Part 2 develops a framework for assessing the political possibilities of reforming environmentally harmful subsidies, and applies this framework to three cases relevant in the Nordic context. The report was prepared by Copenhagen Economics, GreenStream Network and Environice. The authors of the report are Hrafnhildur Bragadóttir, Carl von Utfall Danielsson, Roland Magnusson, Sampo Seppänen, Amanda Stefansdotter and David Sundén.

Download or read book Agricultural Policy Monitoring and Evaluation 2020 written by OECD and published by OECD Publishing. This book was released on 2020-06-30 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual report monitors and evaluates agricultural policies spanning all six continents, including the 36 OECD countries, the five non-OECD EU Member States, and 13 emerging economies.

Download or read book Basis of Accounts for Norway s Natural Resources written by Jul Låg and published by . This book was released on 1982 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book OECD Economic Surveys Norway 2024 written by OECD and published by OECD Publishing. This book was released on 2024-06-20 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norway’s economy is slowing as inflation and higher interest rates weigh on consumption and investment. The labour market is tight and wage growth robust, while labour shortages and job mismatches are high and rising. Inflation is falling but still way above the target of 2%. The fiscal stance is expansionary. It should become contractionary to support monetary policy. While Norway is one of the OECD’s most productive countries, productivity growth over the past decade has been weak. Making skills more relevant, notably by strengthening vocational education and training, could help raise productivity and ease tight labour markets. Higher and broader taxation of greenhouse gas emissions and investing in lower‐cost emission cuts would help achieve emission reductions more efficiently. Public spending as a share of GDP is the highest in the OECD, which brings important benefits in the form of high-quality public services. However, oil revenues are set to decline, and ageing costs to rise, foreshadowing strains on public finances in the future. Norway could benefit from applying a medium-term expenditure framework, introducing a spending rule, and establishing a full-fledged fiscal council. Reforming the very generous sickness and disability scheme could help reduce spending pressures and increase employment. Regional policy should become more cost-conscious. Infrastructure investment is very high, and imposing a minimum benefit-cost ratio on individual projects and strengthening ex-post evaluations could help improve its effectiveness. SPECIAL FEATURE: RAISING THE EFFECTIVENESS OF PUBLIC SPENDING

Download or read book Norway written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2023-07-26 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: After strong performance in 2022, some deceleration in growth is expected, given geopolitical headwinds and tightening of financial conditions, including globally. Risks are balanced, and there is ample policy space in the short term to accommodate downside surprises. However, leveraging its strong fundamentals, Norway is encouraged to focus on the longer-term structural agenda, given soon-to-be-pressing issues with demographics.

Download or read book Handbook of Energy Governance in Europe written by Michèle Knodt and published by Springer Nature. This book was released on 2022-09-21 with total page 1333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides the most comprehensive account of energy governance in Europe, examining both energy governance at the European level and the development of energy policy in 30 European countries. Authored by leading scholars, the first part of the book offers a broad overview of the topics of energy research, including theories of energy transitions, strategies and norms of energy policy, governance instruments in the field, and challenges of energy governance. In the second part, it examines the internal and external dimensions of energy governance in the European Union. The third part presents in-depth country studies, which investigate national trajectories of energy policy, including an analysis of the policy instruments and coordination mechanisms for energy transitions. It closes with a comparative analysis of national energy governance. This book is a definitive resource for scholars in energy and climate research as well as decision makers in national governments and EU institutions.

Download or read book Exploring Norway s Fertility Work and Family Policy Trends written by OECD and published by OECD Publishing. This book was released on 2023-06-20 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like other Nordic countries Norway has been investing heavily in family policy to enable combining work and family life. Nevertheless, between 2009 and 2022 the Total Fertility Rate (TFR) in Norway dropped from 2 children to 1.4 children per woman.

Download or read book The Sustainability of Health Care Systems in Europe written by Badi H. Baltagi and published by Emerald Group Publishing. This book was released on 2021-03-22 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains an Open Access Chapter - This book provides a comprehensive understanding of the sustainability of health systems in Europe. Furthermore, it includes an introduction on how EU action in supporting health- care policies in the EU Member States, both looking at implemented actions and describing current priorities for the future.

Download or read book Variable Renewable Energy and the Electricity Grid written by Jay Apt and published by Routledge. This book was released on 2014-06-13 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integration of renewable energy resources into the electricity grid presents an important challenge. This book provides a review and analysis of the technical and policy options available for managing variable energy resources such as wind and solar power. As well as being of value to government and industry policy-makers and planners, the volume also provides a single source for scientists and engineers of the technical knowledge gained during the 4-year RenewElec (renewable electricity) project at Carnegie Mellon University, the University of Vermont, Vermont Law School, and the Van Ness Feldman environmental law firm. The first part of the book discusses the options for large scale integration of variable electric power generation, including issues of predictability, variability, and efficiency. The second part presents the scientific findings of the project. In the final part, the authors undertake a critical review of major quantitative regional and national wind integration studies in the United States. Based on comparisons among these studies, they suggest areas where improvements in methods are warranted in future studies, areas where additional research is needed to facilitate future improvements in wind integration studies and how the research can be put into practice.

Download or read book Agricultural Policy Monitoring and Evaluation 2021 Addressing the Challenges Facing Food Systems written by OECD and published by OECD Publishing. This book was released on 2021-06-22 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual report monitors and evaluates agricultural policies in 54 countries, including the 38 OECD countries, the five non-OECD EU Member States, and 11 emerging economies. This year’s report focuses on policy responses to the COVID-19 pandemic and analyses the implications of agricultural support policies for the performance of food systems.