Download or read book Shock Exchange written by Ralph W. Baker (Jr.) and published by Self Publisher. This book was released on 2012 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Shock Exchange explains the stock market and U.S. economy through the eyes of the New York Shock Exchange, a financial literacy program Ralph Baker started in 2006 to share his passion for investing and basketball with his 11 year old son and other boys his age. For those interested in learning about "the pain ahead" for the U.S. economy and/or the cut-throat world of New York City grassroots basketball, Shock Exchange is a must read." --from book description, Amazon.com.

Download or read book Is the Exchange Rate a Shock Absorber the Case of Sweden written by Mr.Alun H. Thomas and published by International Monetary Fund. This book was released on 1997-12-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a structural vector autoregression representation of the Mundell-Flemming model to analyze the determinants of movements in Sweden’s real exchange rate. It finds that, while (supply and demand) shocks account for over 60 percent of the forecast error variance, comparable to several Economic and Monetary Union (EMU) countries, demand shocks account for a higher fraction of these real shocks in Sweden than in those core countries. If real demand shocks result from controllable macroeconomic policies, the cost of relinquishing the exchange rate is no higher, and may be lower, for Sweden than for most core EMU countries.

Download or read book Exchange Rates and International Finance Markets written by Erich Streissler and published by Routledge. This book was released on 2002-03-14 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Streissler poses the important question of whether exchange rates are ultimately tied down by economic fundamentals. This is a wide-ranging study considering issues such as flexible exchange rates and interest parity.

Download or read book El Salvador written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2020-04-16 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses El Salvador’s IMF Staff report on Request for Purchase Under the Rapid Financing Instrument (RCI). This assistance is expected to help El Salvador direct funds swiftly to the country’s most affected sectors, including the healthcare system. El Salvador has adopted strict measures to prevent and contain the pandemic since early February—even before the first case was diagnosed—including travel restrictions, mandatory quarantine for exposed citizens, suspension of nonessential public and private sector operations, and a nationwide shelter-in-place order. The authorities’ emergency response also comprises measures to mitigate the economic impact of the pandemic on the population, including through targeted cash transfers to vulnerable households and tax relief in the most affected economic sectors. IMF financing will help preserve fiscal space and catalyze significant funding from other multilateral institutions. The IMF continues to closely monitor El Salvador’s situation and stands ready to provide policy advice and further support as needed.

Download or read book Iraq written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2021-02-11 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health system’s limited capacity has been strained, while the fiscal position has become untenable as oil revenues declined sharply to a level that barely covers the government’s large wage and pension bills. Although the number of new infections declined recently, Iraq registered the second-highest COVID-related fatalities in the region, and the fiscal response to the pandemic has been one of the lowest. A six-month political paralysis preceding the formation of the government in May 2020 and plans to hold early parliamentary elections in mid-2021 have been weighing on political support for reforms. Risks of social unrest, geopolitical tensions, and insecurity remain elevated.

Download or read book Uruguay written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2019-02-22 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Article IV Consultation highlights that Uruguay has preserved macroeconomic stability in the wake of the turbulence in the region due to prudent policies and the accumulation of buffers over the years. With the worsening outlook and less friendly external environment, in the near term, policies should focus on maintaining resilience. In this context, additional efforts are needed to put debt on a firm downward trajectory and reduce inflation to within the target band. The IMF staff assesses that the external position is broadly consistent with fundamentals and desirable policy settings. The authorities and IMF staff have remained in broad agreement on the macroeconomic policy objectives, including maintaining public debt on a sustainable trajectory, keeping inflation low, and allowing exchange rate to adjust in line with fundamentals. Fiscal adjustment, however, has not proceeded as quickly as had been originally expected, and inflation has proven difficult to contain within the authorities’ target range.

Download or read book Fiscal Spillovers written by Patrick Blagrave and published by International Monetary Fund. This book was released on 2017-10-18 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are fiscal spillovers today as large as they were during the global financial crisis? How do they depend on economic and policy conditions? This note informs the debate on the cross-border impact of fiscal policy on economic activity, shedding light on the magnitude and the factors affecting transmission, such as the fiscal instruments used, cyclical positions, monetary policy conditions, and exchange rate regimes. The note assesses spillovers from five major advanced economies (France, Germany, Japan, United Kingdom, United States) on 55 advanced and emerging market economies that represent 85 percent of global output, looking at government-spending and tax revenue shocks during expansion and consolidation episodes. It finds that fiscal spillovers are economically significant in the presence of slack and/or accommodative monetary policy—and considerably smaller otherwise, which suggests that spillovers are large when domestic multipliers are also large. It also finds that spillovers from government-spending shocks are larger and more persistent than those from tax shocks and that transmission may be stronger among countries with fixed exchange rates. The evidence suggests that although spillovers from fiscal policies in the current environment may not be as large as they were during the crisis, they may still be important under certain economic circumstances.

Download or read book Montenegro written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-09-10 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation with Montenegro highlights that while the implementation of large publicly financed infrastructure projects has added economic growth, the accompanying use of fiscal resources has contributed to a large increase in government debt including guarantees, which reached 79 percent of gross domestic product in 2018. Despite the recent intervention in two non-systemic domestic banks, the overall banking sector exhibits improving asset quality, strong credit growth, high liquidity, and is well capitalized. Efforts to improve banking and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) supervision are paramount. The emphasis should be a shift to risk-based tools for supervision in both off-site and on-site functions, and the establishment of a stronger supervisory structure within the central bank. The main priorities are reduction of the labor tax wedge and implementation of the new labor law that aims to increase labor market flexibility. Future decisions on the minimum wage should consider a broad set of indicators and require careful analyses of the impact of past increases.

Download or read book France written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-07-12 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that economic recovery in France is solidifying. The economy is projected to expand by 1.5 percent in 2016, primarily driven by strong consumer spending. There are also signs of a cyclical recovery in investment, and the slump in residential construction appears to be bottoming out. By contrast, net exports are declining as demand from trading partners has slowed. Private sector job creation has remained lackluster, and the unemployment rate has hovered at about 10 percent. The government has continued to advance important reforms to help create the conditions for improved economic performance. As for budget policies, there are ongoing efforts to contain spending growth at all levels of government while easing taxes.

Download or read book Shock Markets written by Robert I. Webb and published by FT Press. This book was released on 2013-03-26 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don't fear crises: use them as opportunities to make money! Shock Markets shows traders and investors exactly how to do it -- with exceptional detail, not vague handwaving. Robert Webb and Alexander Webb offer meticulous breakdowns of recent crises, revealing how they impacted both individual stocks and the market as a whole -- and helping you create detailed game plans for profiting from future shocks. By fusing real-life trading examples with rigorous moment-by-moment analysis of price changes, they give you tools to survive and thrive in even the most volatile markets. This accessible, actionable book answers crucial questions like: What moves stock prices? What moves the overall market? How can you profit from understanding catalysts that precipitate sudden sharp changes in stock prices? From the actions of corporate executives to regulatory decisions, earnings announcements to merger deals, lawsuits to settlements, macroeconomic reports to the policy actions of foreign governments, seemingly remote factors can have a huge, sudden impact on stocks in today's interconnected markets. Shock Markets illuminates these catalysts, and demonstrates their shifting behavior during fads, fashions, bubbles, crashes, and market crises. The focus is completely practical: helping savvy traders uncover profit where others find only peril.

Download or read book Republic of Slovenia written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-02-19 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2014 Article IV Consultation highlights that Slovenia is recovering from a deep crisis. Growth is estimated to have reached about 2.6 percent in 2014, supported by strong exports and EU-funded public investment. The financial sector has stabilized following recapitalization of the major banks by the state. Government bonds yields have declined markedly. Growth is projected at about 1.9 and 1.7 percent in 2015 and 2016, respectively, with potential growth well below precrisis levels. Executive Directors welcomed the fact that Slovenia’s economy is recovering and commended the authorities for their efforts to mend the banking system, facilitate corporate debt restructuring, and consolidate the public finances.

Download or read book United Kingdom written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-07-28 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY ISSUES The economy has rebounded strongly and prospects are promising. Headwinds that previously held back the economy—relating notably to credit conditions and confidence—have eased. Nonetheless, sustaining strong growth will depend on a recovery in productivity growth and further demand rebalancing. The housing market brings risks of financial vulnerabilities. Sterling is moderately overvalued. The overall policy mix is appropriate, but policy settings might need to be adjusted quickly. Effective monetary conditions are very supportive, compensating for ongoing fiscal consolidation: ? Accommodative monetary policy is appropriate for now, given weak inflation pressures, but policy might need to be adjusted quickly if inflation takes off. Interest rate increases may also need to be considered if macroprudential tools are insufficient to deal with financial stability risks from the housing market. ? The authorities have recently implemented macroprudential measures, including limiting the share of high loan-to-income mortgages lenders can issue, establishing them as the primary defense against housing-related risks. They should stand ready to tighten these limits should current settings prove ineffective in reining in those risks. ? A lasting solution to house price pressures requires measures to address insufficient supply. Significant planning reforms have been undertaken, but political consensus is needed to make further progress in this area. ? High deficits and rising debt mean that fiscal consolidation needs to continue. The pace and composition of deficit reduction over the near term is appropriate. Further reducing the deficit over the medium term will be challenging; both revenue and expenditure measures should be considered, keeping in mind both equity and efficiency. ? The financial sector is more robust, the new financial architecture is settling in, and significant changes have been made to banks’ liquidity backstops to adapt to changing needs. Implementing macroprudential policy will be a test of the new architecture. Some problems—such as Too Important To Fail and bank misconduct— persist, and new challenges, such as from shadow banking, are emerging.

Download or read book A Crude Shock written by Francesco Grigoli and published by International Monetary Fund. This book was released on 2017-07-18 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decline in oil prices in 2014-16 was one of the sharpest in history, and put to test the resilience of oil exporters. We examine the degree to which economic fundamentals entering the oil price decline explain the impact on economic growth across oil exporting economies, and derive policy implications as to what factors help to mitigate the negative effects. We find that pre-existing fundamentals account for about half of the cross-country variation in the impact of the shock. Oil exporters that weathered the shock better tended to have a stronger fiscal position, higher foreign currency liquidity buffers, a more diversified export base, a history of price stability, and a more flexible exchange rate regime. Within this group of countries, the impact of the shock is not found to be related to the size of oil exports, or the share of oil in fiscal revenue or economic activity.

Download or read book Republic of Poland written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-06-26 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2014 Article IV Consultation highlights that Poland’s economy is steadily recovering from the 2012–2013 slowdown on the back of Poland’s very strong fundamentals and policies. Real GDP growth moderated to 1.6 percent in 2013 as the slowdown in core euro area countries had knock-on effects on consumer and investor confidence. However, a steady recovery is now under way. The outlook is for a continuing recovery, but external risks remain firmly on the downside. Growth is expected to reach 3.3 percent in 2014 but strong trade and financial linkages with core euro area countries make it vulnerable to growth shocks.

Download or read book Shock Tubes and Waves written by Charles E. Treanor and published by SUNY Press. This book was released on 1982-01-01 with total page 1130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings from a symposium on shock tubes and waves held July 6-9, 1981.

Download or read book The Exchange Rate and Macroeconomic Adjustment written by Great Britain. Treasury and published by . This book was released on 2003 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is part of a set of 18 documents which have been prepared by H.M. Treasury to inform the assessment of the Government's five economic tests for Economic and Monetary Union (EMU) entry into the euro area. It focuses on short and medium run movements in the exchange rate and considers whether such movements tend to be a stabilising reaction to changes in aggregate supply and demand, or whether they tend to be destabilising. Issues discussed include: how exchange rate is determined and its role in the adjustment process; an interpretation of sterling's strength against the euro since 1996; and a comparison of overall exchange rate volatility inside and outside of EMU. The study contains both theoretical and empirical analysis.

Download or read book A Shock written by Keith Ridgway and published by New Directions Publishing. This book was released on 2021-07-05 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since Keith Ridgway published his landmark cult novel Hawthorn & Child, his ardent fans have yearned for more Finally, Ridgway gives us A Shock, his thrilling and unsparing, slippery and shockingly good new novel. Formed as a rondel of interlocking stories with a clutch of more or less loosely connected repeating characters, it’s at once deracinated yet potent with place, druggy yet frighteningly shot through with reality. His people appear, disappear, and reappear. They’re on the fringes of London, clinging to sanity or solvency or a story by their fingernails, consumed by emotions and anxieties in fuzzily understood situations. A deft, high-wire act, full of imprecise yet sharp dialog as well as witchy sleights of hand reminiscent of Muriel Spark, A Shock delivers a knockout punch of an ending. Perhaps Ridgway’s most breathtaking quality is his scintillating stealthiness: you can never quite put your finger on how he casts his spell—he delivers the shock of a master jewel thief (already far-off and scot-free) stealing your watch: when at some point you look down at your wrist, all you see is that in more than one way you don’t know what time it is…