Download or read book Recognizing Reality Unification of Official and Parallel Market Exchange Rates written by Mr.Simon T Gray and published by International Monetary Fund. This book was released on 2021-02-05 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel exchange rate market develops, in such circumstances; and when the spread between the official and parallel rates is both substantial and sustained, price levels in the economy typically reflect the parallel market exchange rate. “Recognizing reality” by allowing economic agents to use a market clearing rate benefits economic activity without necessarily leading to more inflation. But a unified, market-clearing exchange rate will not stabilize without a supportive fiscal and monetary context. A number of country case studies are included; my thanks to Jie Ren for pulling together all the data for the country case studies, and the production of the charts.
Download or read book Exchange Rate Policy and the Parallel Market for Foreign Currency in Burundi written by J. D. Nkurunziza and published by . This book was released on 2002 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Reform of Mechanisms for Foreign Exchange Allocation written by Eliana La Ferrara and published by World Bank Publications. This book was released on 1994 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper provides an analysis of the mechanisms for foreign exchange allocation used in trade policy reform and an assessment of their effectiveness. The case is strong for avoiding delay in moving to full currency convertibility in dismantling or modifying foreign exchange controls. Movement to a unified free market for exchange would be facilitated by changes in policies and in donor practice, so exchange can be channeled through private sellers.
Download or read book A Guide to the Global Business Environment written by William Kerr and published by Edward Elgar Publishing. This book was released on 2014-07-01 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'I have used the materials contained in this book extensively in a major trade-related capacity, building a technical training program for trade officials and business people in six countries in Southeast Asia to great effect. The book fills an important gap in the existing literature on the subject and links international economic policy to practical hands on international business management. It underlines the importance of understanding the increasingly complex nature of international markets and offers useful options for mitigating their risk.' - Wayne Robinson, Estey Centre for Law and Economics in International Trade, Canada This MBA textbook provides a guide to the international institutions, both public and private, that exist to regulate and facilitate international business. William Kerr and Nicholas Perdikis explain how international business decision making should take into account the ideas and institutions that make up the international commercial environment, such as why trade theories are important to business; the ways in which governments can restrict trade; the role of international trade rules in reducing risk; the threats that anti-dumping and countervail actions pose; the pros and cons of operating multilaterally; the role of trading houses and the advantages of using private sector institutions to settle international business disputes.
Download or read book Development Trade and the WTO written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2002 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher's description: Developing countries are increasingly confronted with the need to address trade policy related issues in international agreements, most prominently the World Trade Organization (WTO). New WTO negotiations on a broad range of subjects were launched in November 2001. Determining whether and how international trade agreements can support economic development is a major challenge. Stakeholders in developing countries must be informed on the issues and understand how their interests can be pursued through international cooperation. This handbook offers guidance on the design of trade policy reform, surveys key disciplines and the functioning of the World Trade Organization (WTO), and discusses numerous issues and options that confront developing countries in using international cooperation to improve domestic policy and obtain access to export markets. Many of the issues discussed are also relevant in the context of regional integration agreements. Separate sections of the handbook summarize what constitutes sound trade policy; the major aspects of the WTO from a development perspective; policy issues in the area of merchandise trade and the liberalization of international transactions in services; protection of intellectual property rights and economic development; new regulatory subjects that are emerging in the agenda of trade talks; and enhancing participation of developing countries in the global trading system.
Download or read book South Asia written by Dhananjay Tripathi and published by Routledge. This book was released on 2021-11-24 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-colonial and post-partition South Asia, one of the fastest-growing and yet one of the least integrated regions of the world, is marked by both optimism and pessimism. This intriguing dichotomy of strength and weakness, security and insecurity, hope and fear, connections and disconnects underpins South Asia’s regionalism conundrum and gives birth to borders and boundaries – both material and mental – with a complex territoriality. The Janus-faced nature of South Asian borderlands – the inward nationalizing impulses entangled with the outward regional frontier-orientations – is a stark reminder that history of mobility in this eco-geographical region is much older than the history of territoriality and colonial cartography and ethnography. This collection of meticulously researched, theoretically informed, case studies from South Asia provides useful insights into bordering, ordering and othering narratives as practices and performances that are intricately entangled with identity politics and security discourses. It shows how a sharper focus on subterranean subregionalism(s), border communities, popular geopolitics of enmity, and transborder challenges to sustainability, could open up spaces for new multiple (re)imaginings of borders at diverse scales and sights including sub-urban neighbourhoods, school textbooks/cinema and trans-border conservation initiatives. The chapters in this edited volume have been contributed by both renowned as well as young emerging scholars, looking into the borders and boundaries in South Asia. Each chapter offers new perspectives and insights into themes like trans-Himalayan borderlands, India-Pakistan physical and mental borders, Afghanistan-Pakistan border and numerous social boundaries that we see in everyday South Asia. The chapters in this book were originally published as a special issue of the Journal of Borderlands Studies.
Download or read book Exchange Rate Overvaluation and Trade Protection written by Howard J. Shatz and published by World Bank Publications. This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Lessons from world experience about the consequences of exchange rate overvaluation (the frequent cause of trade crises), the consequences of trying to defend an overvalued exchange rate, and the most appropriate policies for resolving an overvaluation"--Cover.
Download or read book Research Abstracts written by and published by . This book was released on 1994 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Balance of Payments Manual Sixth Edition Compilation Guide written by Mr.Eduardo Valdivia-Velarde and published by International Monetary Fund. This book was released on 2014-12-08 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Balance of Payments and International Investment Position Manual 6: Compilation Guide is a companion document to the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). The purpose of the Guide is to show how the conceptual framework described in the BPM6 may be implemented in practice and to provide practical advice on source data and methodologies for compiling statistics on the balance of payments and the international investment position. The Guide is not intended to be a stand-alone manual, and readers should be familiar with the BPM6.
Download or read book Trade Policies for Development and Transition written by David G Tarr and published by World Scientific Publishing Company. This book was released on 2016-12-29 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author has virtually incomparable experience in both providing trade policy advice to more than 25 countries on behalf of the World Bank and also publishing quality journal articles in most of those cases. In this volume, he focuses on his work on: (i) trade policies for countries making the transition from planned to market economies; (ii) his trade policy guideline papers for the World Bank on trade policies for poverty alleviation, uniform tariff policy, adjustment costs of trade liberalization, exchange rate overvaluation, globalization and technology transfer and rules of thumb on regional trade policies; (iii) multilateral, dynamic and environmental issues in trade policy using computable general equilibrium models; (iv) trade policy of the United States in the auto and steel industries; and (v) mathematical methods for modeling. The papers show an unusual combination of policy relevance, advice and impact, with rigor and international trade theory insights. The papers in this volume have appeared in many of the economics profession's more prestigious journals, including Econometrica, Review of Economic Studies, Quarterly Journal of Economics, Economic Journal, the Journal of International Economics, International Economic Review, European Economic Review, Canadian Journal of Economics, Economic Inquiry, the Journal of Comparative Economic, Review of International Economics, World Economy, the Southern Economic Journal, the World Bank Economic Review, the Japanese Economic Review and the Latin American Journal of Economics. In this book, the author elaborates on the articles by discussing some of the policy contexts for the requests for the work from developing and transition countries to the World Bank, the key trade theory or policy insights, policy recommendations and conclusions and the policy impacts.
Download or read book Ethiopia written by Philip Briggs and published by Bradt Travel Guides. This book was released on 2009 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the world taps its feet, Ethiopia breakdances with its shoulders. This is an uplifting, inspirational country which confounds expectations. It’s no featureless desert but a land of majestic landscapes surrounding a vast, fertile plateau. The rock-hewn churches in its medieval capital, Lalibela, are regarded by many as the eighth wonder of the world. Its people are welcoming, proud and besotted by their own culture and history. Bradt’s Ethiopia is the most thorough guide available to this country rich in culture, history and dramatic scenery, and has been highly praised by both travel press and readers. ‘Thorough and reassuring, it provides all the practical and background information to make readers leap from their armchairs and visit this vast, magical country’ The Daily Telegraph (UK)
Download or read book The Rough Guide to Laos written by Jeff Cranmer and published by Rough Guides. This book was released on 2002 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE ROUGH GUIDE TO LAOS is the most comprehensive handbook to one of Southeast Asia's least-known destinations. Features include: Detailed coverage of all the sights, from the Buddhist temples of Louang Phabang to the French colonial architecture of Vientiane. Up-to the-minute listings of the best places to eat and stay. Practical guidance on exploring the remote northern hill villages, navigating the Mekong River and elephant-back trekking in the jungle. Lively and informed accounts of Laos's history, culture, ethnic minorities and wildlife. Full-colour photos and more than 30 maps.
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-02-03 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that Myanmar’s economy grew broadly as expected in FY2015/16, at a healthy pace of 7.3 percent, despite massive floods during July–September 2015. Activity softened during the first half of FY2016/17, but is expected to recover in the second half on account of the resumption of construction in Yangon after a temporary halt for regulatory compliance purposes. The growth of agricultural production was softer than expected. The external environment has been weak owing to slowing demand from major trading partners and significant natural gas and other commodity price declines in 2015 and 2016. Macroeconomic imbalances persist, with continuing inflation pressure, an increased fiscal deficit, and a widening external current account deficit.
Download or read book African Journal of Economic Policy written by and published by . This book was released on 2001 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Use of the Parallel Market Rate as a Guide to Setting the Official Exchange Rate written by Nita Ghei and published by . This book was released on 1996 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Balance of Payments Compilation Guide written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-03-15 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice. The primary purpose of the Guide is to provide practical guidance for using sources and methods to compile statistics on the balance of payments and the international investment position. the Guide is designed to assist balance of payments compilers and statisticians in understanding the relative strengths and weaknesses of various approaches. The material reflects the emergence of new data sources and adaptations in the application of statistical methodologies to changing circumstances. Discussed in the Guide are all of the tasks that a BOP compiler normally performs. Appendices contain a set of model BOP questionnaires and a set of model BOP publication tables. Relationships between the balance of payments statistics and relevant aspects of national accounts are covered as well.
