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Some evidence on exchange rate determination in major industrial countries
International Monetary Fund Working Papers, 1997DocumentThe scope for inflation targeting in developing countries
International Monetary Fund Working Papers, 1997Difficulties in conducting monetary policy using an exchange rate peg or some monetary aggregate as the main intermediate target led a number of industrial countries in the 1990s to adopt a framework for monetary policy that has become known as inflation targeting (IT).DocumentPolicy reform, adjustment costs, and investment : with activity of local investors as a signal
International Monetary Fund Working Papers, 1997DocumentForeign Direct Investment Flows to Low-income Countries: A Review of the Evidence
Overseas Development Institute, 1997Foreign direct investment is viewed as a major stimulus to economic growth in developing countries. Its ability to deal with two major obstacles, namely, shortages of financial resources and technology and skills, has made it the centre of attention for policy-makers in low-income countries in particular.DocumentEconomic growth and the real exchange rate: an overview of the Balassa-Samuelson hypothesis in Asia
National Bureau of Economic Research, USA, 1997The paper tests the Balassa-Samuelson hypothesis (rapid economic growth is accompanied by real exchange rate appreciation because of differential productivity growth between tradable and nontradable sectors) using data of the APEC economies. Japan, Korea, Taiwan and, to a lesser extent, Hong Kong and Singapore, were proved to follow the Balassa-Samuelson path.DocumentWhither the World Bank and the IMF?
National Bureau of Economic Research, USA, 1997On their fiftieth anniversary, the International Monetary Fund and the World Bank were" extensively reviewed, both to mark the occasion and to consider, often critically roles and performance. This paper reviews the functions of the two institutions in light of their" evolution over the past fifty years and of changes in the international economic system.DocumentWhite Paper on Japan's Foreign Direct Investment 1998: summary
Japan External Trade Organisation, 1998With a focus on Japan, considers trends in global foreign direct investment, and offers a country/region overview. Includes supporting statistical data.DocumentTrade and Environment: A Business Perspective
World Business Council for Sustainable Development, 1997The World Business Council for Sustainable Development rejects the notion of a trade versus environment debate.This report sets out directions and opportunities that can lead to mutual support between environmental protection and improvement, to an open trading system and to sustainable development.DocumentBusiness and biodiversity: a guide for the private sector
World Business Council for Sustainable Development, 1997This guide has been devised specifically to represent business interests, to tell business people how to become more engaged in implementing the Convention, and to encourage the private sector to contribute its valuable experience to the process under way. To achieve this, the guide proposes a medium-term work program for business.Pages
