Nepal 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For Nepal

Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1498316360
Size: 35.22 MB
Format: PDF, Docs
View: 3659
Download Read Online

Nepal 2014 Article Iv Consultation Staff Report Press Release And Statement By The Executive Director For Nepal from the Author: International Monetary Fund. Asia and Pacific Dept. KEY ISSUES Context: Successful elections for a new Constituent Assembly and formation of a new government have stabilized the political situation. Macroeconomic situation and outlook: Nepal’s macroeconomic situation remains broadly favorable. Growth is projected to recover in 2013/14 owing to good monsoons, robust growth in services, and increased public spending. Inflation is moderating, in line with developments in India. High remittance inflows are supporting a strong external position, as well as high reserve money growth. Risks to the outlook are slightly tilted to the downside, involving slower-than-expected growth in countries hosting Nepali workers and domestic financial sector risks. Medium term prospects: While remittances are expected to continue to support the external position, the outlook for growth depends on improving the environment for private investment. This requires a decisive boost in public capital spending, and structural reforms in key areas. Financial sector: Despite progress, significant vulnerabilities remain. The recent assessment under the FSAP, Nepal’s first, raised concerns about asset quality and interconnectedness, as well as financial sector infrastructure—including the legal framework—and supervision and crisis preparedness. At the same time, a largely unsupervised cooperatives sector is growing rapidly. Key policy recommendations: Monetary policy should aim at controlling the volatility and level of excess reserves in the financial system, implying a modest tightening of monetary conditions. The exchange rate peg to the Indian rupee provides a useful nominal anchor for the economy, and the real exchange rate is broadly in line with fundamentals. Capital spending needs to be boosted to provide key infrastructure, and reforms implemented to support private investment, which will help generate sustained economic growth and employment opportunities. In the financial sector, further reforms to bolster regulation and supervision, and improve financial infrastructure are needed to reduce risk and increase access to finance.

Nepal

Author:
Publisher:
ISBN:
Size: 80.26 MB
Format: PDF, ePub, Mobi
View: 1604
Download Read Online

Nepal from the Author: . "Successful elections for a new Constituent Assembly and formation of a new government have stabilized the political situation. Macroeconomic situation and outlook: Nepal's macroeconomic situation remains broadly favorable. Growth is projected to recover in 2013/14 owing to good monsoons, robust growth in services, and increased public spending. Inflation is moderating, in line with developments in India. High remittance inflows are supporting a strong external position, as well as high reserve money growth. Risks to the outlook are slightly tilted to the downside, involving slower-than-expected growth in countries hosting Nepali workers and domestic financial sector risks. Medium term prospects: While remittances are expected to continue to support the external position, the outlook for growth depends on improving the environment for private investment. This requires a decisive boost in public capital spending, and structural reforms in key areas. Financial sector: Despite progress, significant vulnerabilities remain. The recent assessment under the FSAP, Nepal's first, raised concerns about asset quality and interconnectedness, as well as financial sector infrastructure - including the legal framework - and supervision and crisis preparedness. At the same time, a largely unsupervised cooperatives sector is growing rapidly. Key policy recommendations: Monetary policy should aim at controlling the volatility and level of excess reserves in the financial system, implying a modest tightening of monetary conditions. The exchange rate peg to the Indian rupee provides a useful nominal anchor for the economy, and the real exchange rate is broadly in line with fundamentals. Capital spending needs to be boosted to provide key infrastructure, and reforms implemented to support private investment, which will help generate sustained economic growth and employment opportunities. In the financial sector, further reforms to bolster regulation and supervision, and improve financial infrastructure are needed to reduce risk and increase access to finance"--Abstract.

Nepal

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455207802
Size: 30.57 MB
Format: PDF, ePub, Mobi
View: 1078
Download Read Online

Nepal from the Author: International Monetary Fund. After years of macroeconomic stability, the global crisis is having a substantial, albeit somewhat delayed, impact on Nepal’s economy and exposing its structural weaknesses. Although the Nepalese rupee appears modestly overvalued, maintaining the peg should remain a key near-term policy objective. Risks in the financial sector are coming to a head and need to be addressed urgently. The Nepal Rastra Bank (NRB)’s recent directives are welcome, but enforcement is crucial to their effectiveness. Bank licensing policy needs to be tightened, banking sector consolidation incentivized, and state-controlled bank reform tackled.

Denken Hilft Zwar N Tzt Aber Nichts

Author: Dan Ariely
Publisher: Droemer eBook
ISBN: 3426402092
Size: 80.68 MB
Format: PDF, ePub
View: 995
Download Read Online

Denken Hilft Zwar N Tzt Aber Nichts from the Author: Dan Ariely. Die Logik der Unvernunft Wie gehen wir mit Geld um? Was bedeutet es uns? Warum sind so viele Menschen bereit, sich hoffnungslos zu verschulden? Und was treibt Banker, den Kollaps unseres Finanzsystems zu riskieren? In der erweiterten Neuausgabe seines internationalen Bestsellers zeigt Dan Ariely, wie unsere Entscheidungen gelenkt werden und weshalb wir in vielen Lebenssituationen zu unserem eigenen Nachteil handeln. »Ein ebenso amüsantes wie lehrreiches Buch.« Der Spiegel Denken hilft zwar, nützt aber nichts von Dan Ariely: im eBook erhältlich!

A Study Of Dolls

Author: Alexander Ellis
Publisher:
ISBN: 9783942323000
Size: 20.41 MB
Format: PDF, ePub
View: 1636
Download Read Online

A Study Of Dolls from the Author: Alexander Ellis.

In Eisige H Hen

Author: Jon Krakauer
Publisher: Piper ebooks
ISBN: 3492957765
Size: 14.28 MB
Format: PDF, ePub, Docs
View: 1980
Download Read Online

In Eisige H Hen from the Author: Jon Krakauer. Der Klassiker zum Wiederentdecken: Mit seinem Weltbestseller revolutionierte der Bergsteiger und Schriftsteller Jon Krakauer die Abenteuerliteratur – und läßt Spannung und Faszination, Fassungslosigkeit und blankes Entsetzen eins werden. 1996 nahm der amerikanische Journalist Jon Krakauer an einer Mount-Everest-Expedition teil. Das Unternehmen endete in einer Katastrophe, fünf von Krakauers Kameraden kamen auf tragische Weise in einem peitschenden Schneesturm ums Leben, er selbst konnte sich mit letzter Kraft in Sicherheit bringen. Minutiös und eindrucksvoll schildert er in diesem Bericht den Verlauf der Expedition. Er äußert sich außerdem kritisch über die Auswüchse des modernen Alpinismus mit seinen oft tödlichen Folgen, vermittelt aber zugleich einen Eindruck von der magischen Anziehungskraft und der Faszination des Bergsteigens.

Konomie F R Den Menschen

Author: Amartya Kumar Sen
Publisher:
ISBN: 9783423362641
Size: 78.51 MB
Format: PDF, Kindle
View: 4748
Download Read Online

Konomie F R Den Menschen from the Author: Amartya Kumar Sen. Das große Buch des Nobelpreisträgers: Eine Programmschrift, die ökonomische Vernunft, politischen Realismus und soziale Verantwortung zusammenführt. Mit diesem Buch hat Sen eine Schneise in die Globalisierungsdebatte geschlagen. Als einer der bedeutenden Wirtschaftstheoretiker der Gegenwart fordert er die Moral in der Marktwirtschaft ein und packt das Weltproblem Nr. 1 an: die sich immer weiter öffnende Schere zwischen dem global agierenden Turbokapitalismus und der zunehmenden Arbeitslosigkeit und Verarmung. Dieses engagierte Buch hat er für die breite Öffentlichkeit geschrieben, eindringlich stellt er dar, daß Freiheit, Gleichheit und Solidarität keine abstrakten Ideale sind, sondern fundamentale Voraussetzungen für eine prosperierende, gerechte Weltwirtschaft.

Abaelards Historia Calamitatum

Author: Dag Nikolaus Hasse
Publisher: Walter de Gruyter
ISBN: 9783110170122
Size: 64.87 MB
Format: PDF, ePub, Mobi
View: 3235
Download Read Online

Abaelards Historia Calamitatum from the Author: Dag Nikolaus Hasse. Peter Abelard's autobiography, the Historia calamitatum, is one of the best-known medieval texts, especially because of the story of his love for Heloise which it recounts. In recent decades, there was so much controversy about the authenticity of the documents concerning Abelard and Heloise that the critical interpretation of the texts was relegated to the sidelines. The present volume provides a way out of this impasse. In it, the famous text is subjected to a series of exemplary analyses from the perspectives of seven different 20th century literary theories (aesthetics of reception, Foucault, Gender Studies, Rhetorical Stylistic Analysis, Psychology of Literature, Cultural Studies, Deconstruction). The analyses are preceded by the Latin text of the Historia calamitatum with a modern German translation. This is thus the first time that the Historia calamitatum has been presented in a bilingual edition.