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Showing 291-300 of 742 results

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  • Document

    Intra-Industry Trade of Arab Countries: An Indicator of Potential Competitiveness

    International Monetary Fund Working Papers, 1997
    Arab countries today face prospects of trade liberalization as exemplified by the European Union Association Agreements. Whereas few short-term benefits are anticipated, increased competitiveness is expected to spur improvements to efficiency, stimulate foreign investment, generate growth possibilities, and present access to larger markets.
  • Document

    Improving India's Saving Performance

    International Monetary Fund Working Papers, 1997
    The double task of poverty alleviation and maintaining pace with fast-growing neighbor countries in Asia has prompted the Indian government to announce the target of achieving 7 percent annual growth or more over the next 10 years. Against this background, this paper discusses recent trends in Indian saving behavior and reviews policy options to increase domestic saving.
  • Document

    Financial Liberalization and Money Demand in ASEAN Countries: Implications for Monetary Policy

    International Monetary Fund Working Papers, 1997
    Monetary developments in Indonesia, Malaysia, Singapore, and Thailand since the early 1980s have to be assessed in the context of substantial changes in their financial markets. The rapid growth and deepening of financial markets reflect not only sustained increases in per capita incomes, but also financial market reforms that have increased competition and foreign capital inflows.
  • Document

    Monetary Policy and Leading Indicators of Inflation in Sweden

    International Monetary Fund Working Papers, 1997
    This paper derives a set of leading indicators of inflation for Sweden. It also discusses developments that led to the adoption of the inflation-targeting framework and the changes in the operational procedures for conducting monetary policy that were necessitated by the shift to inflation targeting. Nonstructural vector autoregressions are used for estimating the leading indicators of inflation.
  • Document

    A Primer on the IMF's Information Notice System

    International Monetary Fund Working Papers, 1997
    The International Monetary Fund's Information Notice System (INS) came into existence in 1983 to facilitate surveillance over the exchange rate policy of Fund members, as dictated in the IMF.s Articles of Agreement. Under the INS, real and nominal effective exchange rate series are computed for almost all Fund members.
  • Document

    Long - Horizon Exchange Rate Predictability?

    International Monetary Fund Working Papers, 1997
    The importance to applied economists of having statistical tools that can reliably test for the presence of long-run predictability in time-series data can hardly be overstated. One such technique has gained prominence because of its apparent success in uncovering long-run relationships in international financial data.
  • Document

    Characteristics of the Euro, the Demand for Reserves, and Policy Coordination Under EMU

    International Monetary Fund Working Papers, 1997
    The euro.s economic base, as measured by the combined GDP of the currency area, will rival that of the dollar. Despite a monetary policy oriented toward price stability and backed by restrictive fiscal policies, the euro will face considerable initial uncertainties.
  • Document

    Explaining Consumption - A Simple Test of Alternative Hypotheses

    International Monetary Fund Working Papers, 1997
    As might be expected from an activity that comprises well over half of aggregate economic spending, the behavior of private consumption remains one of the most important areas of economic research.
  • Document

    The GATS Agreement on Financial Services - A Modest Start to Multilateral Liberalization

    International Monetary Fund Working Papers, 1997
    This paper analyzes the links between multilateral and unilateral financial sector liberalization. The rules in the General Agreement on Trade in Services (GATS) and related negotiations in financial services in 1995 were a first attempt at multilateral liberalization of the financial sector.
  • Document

    Fiji and the sugar protocol

    European Centre for Development Policy Management, 1997
    The [EU/ACP/Lome] sugar Protocol has contributed enormously to Fiji's social and economic development. By providing price stability and market access, it has helped sustain productivity improvements in the sugar industry and provided the main source of income for almost a quarter of the country's economically active population.

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