Seychelles Request For An Arrangement Under The Extended Fund Facility Staff Report Press Release And Statement By The Executive Director For Seychelles

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498366694
Size: 47.60 MB
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Seychelles Request For An Arrangement Under The Extended Fund Facility Staff Report Press Release And Statement By The Executive Director For Seychelles from the Author: International Monetary Fund. African Dept.. This paper discusses Seychelles’ Request for an Arrangement Under the Extended Fund Facility (EFF). In the five years following the 2008 balance of payments and debt crisis, the authorities have successfully enacted a comprehensive program of reforms. Despite the success of the program, important risks and challenges remain. To face these challenges, the authorities have requested a successor EFF arrangement with the IMF. This program will help support their macroeconomic policies and protect reserve coverage over the extended period, while they carry out wide-ranging structural reforms necessary to support improvement in macroeconomic conditions, lock-in stabilization, and reduce the country’s vulnerabilities.

Seychelles

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 147557939X
Size: 78.69 MB
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Seychelles from the Author: International Monetary Fund. African Dept.. Completion of the fourth review was delayed after the government announced in early 2016 expenditure and revenue initiatives with estimated annual fiscal costs of 3 percent of GDP. After the opposition won a majority in parliament in September, the President announced his resignation and the Vice President took over. With low commodity prices and strong tourist arrivals, the economic developments since the third review have been favorable and economic outlook for 2016?17 remains positive.

The General Data Dissemination System Guide For Participants And Users

Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484363884
Size: 16.43 MB
Format: PDF
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The General Data Dissemination System Guide For Participants And Users from the Author: International Monetary Fund. Statistics Dept.. The purpose of this Guide is to explain the nature and objectives of the General Data Dissemination System (GDDS), to describe its operation, and to provide practical guidance to International Monetary Fund (IMF) member countries on participation in the system. The GDDS provides members with a basic framework for a broader national statistical development strategy. It covers a set of statistics recognized to be essential for all countries for policymaking and analysis in an environment that increasingly requires relevant, comprehensive, accurate, and timely statistics available to the general public. The GDDS addresses the full range of issues critical for compiling and disseminating data and making explicit plans for improvement to align national procedures with best practices. This version of the Guide supersedes the version of June 2007. It takes on board the decisions made by the IMF’s Executive Board at the time of the Seventh Review of the Fund's Data Standards Initiatives in December 2008 to align the GDDS and Special Data Dissemination Standard (SDDS) data categories. At that time, the Executive Board also decided to further enhance the GDDS to focus more on data dissemination, both to provide immediate benefit to a country’s policymakers and to facilitate a country’s graduation to the SDDS. In February 2012, at the time of the Eighth Review of the Fund's Data Standards Initiatives, the Executive Board decided to leverage the plans for improvement by focusing further and prioritizing the delivery of technical assistance in statistics. The Guide is expected to continue to be updated as the GDDS evolves.

The Memoirs Of Mustapha Hussain

Author: Mustapha Hussain
Publisher: Utusan Publications
ISBN: 9789676116987
Size: 32.47 MB
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The Memoirs Of Mustapha Hussain from the Author: Mustapha Hussain. "Mustapha Hussain was an extraordinary man, even for one who lived in extraordinary times. This English language translation of his memoirs traces his coming of age in a village in Perak in the early 20th century. He reminds us of a lost world and his perceptions growing up in a Minangkabau Malay community increasingly exposed to Chinese and Indian immigrants. After successfully making it to an English school in the tin capital of Taiping, he moves on to the Agricultural College at Serdang where he is later selected to become a lecturer." "His English medium education does not prevent him from working with other young Malays to form and lead the Young Malays Union (KMM), evidently inspired by Kemal Ataturk's Young Turks. Somewhat reluctantly, he follows the Japanese to Singapore where he is responsible for saving the lives of hundreds of Malay soldiers in the British colonial armed forces. Instead of collaborating further with the Japanese Occupation, he chooses to return to a difficult existence eking out a living on a Perak farm." "After the war, he rejoins the anti-colonial nationalist movement, but manages to avoid the severe repression against the radical Malay youth of early 1948. Later, in 1951, he loses the nomination for the presidency of UMNO by only one vote to Tunku Abdul Rahman, who went on to lead the country to independence and serve as its first Prime Minister. This extraordinary memoir must be read by anyone interested in Malay life in colonial Malaya, the origins and development of radical Malay nationalism as well as Malay politics in the mid-20th century more generally."--BOOK JACKET.

Imf Involvement In International Trade Policy Issues

Author: Susan Schadler
Publisher: International Monetary Fund
ISBN: 9781589068674
Size: 67.59 MB
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Imf Involvement In International Trade Policy Issues from the Author: Susan Schadler. Trade policy occupies an unusual and at times problematic place in the work of the IMF. Though trade policies of IMF members have strong influences on macroeconomic stability, they are often seen as peripheral to the IMF's core competency. This evaluation, which examines the IMF's involvement in trade policy issues during 1996-2007, addresses five questions: What is the nature of the IMF's mandate to cover trade policy? Did the IMF work effectively with other international organizations on trade policy issues? Did the Executive Board provide clear guidance to staff on the IMF's role and approach to trade policy? How well did the IMF address trade policy issues through lending arrangements and surveillance? Was IMF advice effective? The evaluation finds that the IMF's role in trade policy has evolved in some desirable and some less desirable ways and recommends how to use the limited resources the IMF can devote to trade policy to fill these gaps.--Publisher's description.

Resolving The European Debt Crisis

Author: William R. Cline
Publisher: Peterson Institute
ISBN: 0881326496
Size: 46.41 MB
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Resolving The European Debt Crisis from the Author: William R. Cline. What began as a relatively localized crisis in Greece in early 2010 soon escalated to envelop Ireland and Portugal. By the second half of 2011, the contagion had spread to the far larger economies of Italy and Spain. In mid-September the Peterson Institute and Bruegel hosted a conference designed to contribute to the formulation of policies that could help resolve the euro area debt crisis. This volume presents the conference papers; several are updated through end-2011. European experts examine the political context in Greece (Loukas Tsoukalis), Ireland (Alan Ahearne), Portugal (Pedro Lourtie), Spain (Guillermo de la Dehesa), Italy (Riccardo Perissich), Germany (Daniela Schwarzer), and France (Zaki Laidi). Lessons from past debt restructurings are then examined by Jeromin Zettelmeyer (economic) and Lee Buchheit (legal). The two editors separately consider the main current policy issues: debt sustainability by country, private sector involvement and contagion, alternative restructuring approaches, how to assemble a large emergency financing capacity, whether the European Central Bank (ECB) should be a lender of last resort, whether joint-liability "eurobonds" would be feasible and desirable, and the implications of a possible break-up of the euro area. The luncheon address by George Soros and a description (by Steven R. Weisman with Silvia B. Merler) of the policy simulation game played on the second day of the conference complete the volume. Involving market participants and experts representing the roles of euro area governments, the ECB, IMF, G-7, and credit rating agencies, the game led to a proposal for leveraging the capacity of the European Financial Stability Facility through arrangements with the ECB.

Harmful Tax Competition An Emerging Global Issue

Author: OECD
Publisher: OECD Publishing
ISBN: 9264162941
Size: 62.89 MB
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Harmful Tax Competition An Emerging Global Issue from the Author: OECD. Tax competition in the form of harmful tax practices can distort trade and investment patterns, erode national tax bases and shift part of the tax burden onto less mobile tax bases. The Report emphasises that governments must intensify their cooperative actions to curb harmful tax practices.

Natural Hazards Unnatural Disasters

Author: United Nations
Publisher: World Bank Publications
ISBN: 0821380508
Size: 60.10 MB
Format: PDF, Kindle
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Natural Hazards Unnatural Disasters from the Author: United Nations. "A combination of case studies, data on many scales, and application of economic principles...[this report] provides an understanding of the relative roles of the market, government intervention, and social institutions in determining and improving both the prevention and the response to hazardous occurrences."-Kenneth J. Arrow, Nobel Prize in Economics, 1972