Fiscal Sustainability And Competitiveness In Europe And Asia

Author: R. Rajan
Publisher: Springer
ISBN: 1137406976
Size: 32.53 MB
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Fiscal Sustainability And Competitiveness In Europe And Asia from the Author: R. Rajan. This book examines key issues and policy concerns relating to fiscal sustainability and competitiveness in European and Asian economies. In addition to estimating the extent of fiscal capacity or lack thereof for these economies, the authors supplement the empirical analysis with country case studies.

Cambodia

Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 147555155X
Size: 72.52 MB
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Cambodia from the Author: International Monetary Fund. Asia and Pacific Dept. Cambodia is a fast-growing, highly open economy, and attained lower-middle income status this year. Over the last two decades, Cambodia grew rapidly (average real GDP growth of around 8 percent) and its integration with the global economy increased sharply, accompanied by an impressive decline in poverty. Going forward, Cambodia’s strategic location, China’s changing trade patterns, and ongoing regional integration provide further opportunities.1 Important steps have been taken by the government that will help Cambodia capitalize on these opportunities, including energy-related investments to help reduce the cost of doing business and measures to facilitate trade, payments and business registration. Nonetheless, further measures are needed to support sustained growth, including reforms to improve the business climate and policies to mitigate rising financial sector vulnerabilities.

Central Banking And Financial Stability In East Asia

Author: Frank Rövekamp
Publisher: Springer
ISBN: 3319173804
Size: 75.50 MB
Format: PDF, Kindle
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Central Banking And Financial Stability In East Asia from the Author: Frank Rövekamp. This book explores financial stability issues in the context of East Asia. In the East Asian region financial stability has been a major concern ever since the Asian crisis of 1997/98, which still looms large in the collective memory of the affected countries. The global crisis, which had its starting point in 2007, only served to exacerbate this concern. Safeguarding financial stability is therefore a major goal of any country in the region. Diverging cultural, political and economic backgrounds may however pose different stability challenges and necessary cooperation may be complicated by this diversity. Against this backdrop the contributions of this book by leading academics from the fields of economics and law as well as by practitioners from central banks shed light on various financial stability issues. The volume explores the legal environment of central banks as lenders of last resort and analyzes challenges to financial stability such as shadow banking and the choice of exchange rate regimes. Case studies from China, Japan and Indonesia are contrasted with experiences from Europe.

Europe Globalization And The Lisbon Agenda

Author: Maria Jo¬o Rodrigues
Publisher: Edward Elgar Publishing
ISBN: 184844608X
Size: 51.40 MB
Format: PDF, Mobi
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Europe Globalization And The Lisbon Agenda from the Author: Maria Jo¬o Rodrigues. The Lisbon Agenda aims to prepare Europe for globalization by updating European policies for research, innovation, competition, trade, employment, education, social protection, environment and energy at both the European and national levels. Designed to inspire the new cycle of the Lisbon Agenda until 2010 and beyond, this timely and significant volume explores the intellectual elaboration of the agenda for the coming years. With contributions from some of Europe s leading scholars, this book explores new developments in the European agenda for globalization, addressing four critical areas: European policies, their adaptation to national diversity in Europe, their implications for the external action of the European Union and, finally, their implications for EU governance. This book presents the outcome of an organized dialogue between the political and research communities. Europe, Globalization and the Lisbon Agenda will undoubtedly prove an outstanding addition to the current literature and will be an invaluable resource for European policy-makers, governments and academics from a wide range of disciplines who are concerned about the future competitiveness of Europe.

Morocco

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484371909
Size: 15.98 MB
Format: PDF
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Morocco from the Author: International Monetary Fund. Middle East and Central Asia Dept.. Morocco’s sound economic performance has been challenged by domestic and external shocks. The Precautionary and Liquidity Line (PLL) program is on track, and its design remains adequate. The fiscal consolidation and efforts to rebuild buffers and address medium-term challenges taken up by the government has been commended. Reforms of both the subsidy system and the pension system are required. There is a need to strengthen competitiveness and better equip the economy to respond to external shocks. Efforts are under way to continue strengthening regulation and supervision while fostering the development of the financial sector.

Competitiveness And Private Sector Development Sector Specific Sources Of Competitiveness In The Western Balkans Recommendation For A Regional Investment Strategy

Author: OECD
Publisher: OECD Publishing
ISBN: 926405569X
Size: 23.41 MB
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Competitiveness And Private Sector Development Sector Specific Sources Of Competitiveness In The Western Balkans Recommendation For A Regional Investment Strategy from the Author: OECD. This report examines the apparel, automotive components and business process/technology outsourcing sectors in the western Balkans, focusing on competitiveness factors and including policy recommendations.

The Green Fiscal Mechanism And Reform For Low Carbon Development

Author: Akihisa Mori
Publisher: Routledge
ISBN: 1134699816
Size: 17.20 MB
Format: PDF, ePub
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The Green Fiscal Mechanism And Reform For Low Carbon Development from the Author: Akihisa Mori. Extending the themes of Contemporary Psychoanalytic Foundations, The Therapeutic Situation in the 21st Century is a systematic reformulation of fundamental psychoanalytic concepts, such as transference, therapeutic action, and the uses of psychotropic drugs, in the light of recent developments in postmodernism, complexity theory, and neuroscience. Leffert offers formulations of areas not previously considered in any depth by psychoanalysts, such as power relations in the analytic couple, social matrix theory, and narrative theory informed by considerations of archaeology, genealogy, complexity, memory, and recall. He also considers new areas, such as the role of uncertainty and love in the therapeutic situation. This book is part of an ongoing effort to place psychoanalysis in the current century, and looks to outside as well as inside areas of thought to inform how we work and how we think about our work.

Green Fiscal Reform For A Sustainable Future

Author: Natalie P. Stoianoff
Publisher: Edward Elgar Publishing
ISBN: 178643119X
Size: 26.30 MB
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Green Fiscal Reform For A Sustainable Future from the Author: Natalie P. Stoianoff. This timely book focuses on achieving a sustainable future through the reform of green fiscal policy. Green fiscal policies help not only provide the needed financing but may also serve the Sustainable Development Goals adopted by the United Nations in 2015. In this volume environmental tax experts review the development of fiscal carbon policy, consider the impact of green taxation on trade and competition, analyse the lessons learned from national experiences with fuel and energy pricing, and evaluate a variety of green economic instruments.

Southeast Asian Economic Outlook 2010

Author: OECD
Publisher: OECD Publishing
ISBN: 9264096000
Size: 27.75 MB
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Southeast Asian Economic Outlook 2010 from the Author: OECD. This inaugural edition of the Southeast Asian Economic Outlook looks at current efforts to rebalance growth for the region and at what form growth will take in the future.

Georgia Request For A Stand By Arrangement Press Release And Statement For The Executive Director For Georgia

Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1498378900
Size: 15.77 MB
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Georgia Request For A Stand By Arrangement Press Release And Statement For The Executive Director For Georgia from the Author: International Monetary Fund. Middle East and Central Asia Dept.. KEY ISSUES Context. Georgia’s previous Fund-supported program, which expired in April 2014, met most of its objectives, in particular by reducing Georgia’s external and fiscal imbalances. The program also helped preserve the central bank’s independence after the 2012–13 political transition and strengthened its inflation-targeting framework. However, over time it proved increasingly difficult to reconcile the program’s fiscal objectives with the new government’s policies of increasing social spending, especially after the economy slowed and revenues fell short in 2013. Also, despite the progress achieved under the program, macroeconomic challenges remain. The current account deficit and external debt are high, leaving the economy susceptible to shocks. Strong and inclusive growth is needed to reduce widespread poverty and high unemployment. More recently, the external outlook has worsened, opening up a balance of payments need in 2014. Program and its objectives. To address these challenges, the authorities request a new three-year SDR 100 million (67 percent of quota) Stand-by Arrangement to address an external financing need in 2014 related in part to the realignment of fiscal policies to more social spending. The program will facilitate Georgia’s external adjustment, reduce key macroeconomic vulnerabilities, rebuild policy buffers, and support growth. Program policies. In 2014, the program balances supporting domestic demand with the need to safeguard external stability. To reduce the output gap, fiscal policy provides a measured stimulus, while monetary policy remains accommodative. However, the authorities will tighten policies and allow the exchange rate to adjust if balance of payments pressures were to intensify. From 2015, the fiscal deficit will be reduced to keep public debt low and to create space for countercyclical policies. This consolidation will rely on raising revenue by broadening the tax base and containing current expenditure, while protecting pro-poor spending and public investment. Monetary policy will aim at price stability through improved inflation targeting. The program will seek to rebuild international reserves while encouraging greater exchange rate flexibility. Strengthening of the financial sector will continue, helped by the recommendations of the recent FSAP mission. The program also aims to contain risks from quasi-fiscal activities and support improvements in tax administration, and will complement the authorities’ reforms to strengthen the business environment, improve education and training, create jobs and reduce poverty and inequality.