Volume/Issue: 2015/252
Series: IMF Working Papers
Author(s):
Swarnali Ahmed
,
Maximiliano Appendino
, and
Michele Ruta
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
November
2015
DOI: http://dx.doi.org/10.5089/9781513531793.001
ISBN: 9781513531793
This paper analyzes how the formation of Global Value Chains (GVCs) has affected the exchange rate elasticity of exports. Using a panel framework covering 46 countries over the period 1996-2012, we first find some...
Volume/Issue: 2015/159
Series: IMF Working Papers
Author(s):
Olivier Blanchard
,
Gustavo Adler
, and
Irineu de Carvalho Filho
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
16
July
2015
DOI: http://dx.doi.org/10.5089/9781513585840.001
ISBN: 9781513585840
Many emerging market economies have relied on foreign exchange intervention (FXI) in response to gross capital inflows. In this paper, we study whether FXI has been an effective tool to dampen the effects of these...
Volume/Issue: 2015/23
Series: IMF Working Papers
Author(s):
Ambrogio Cesa-Bianchi
,
Luis Felipe Cespedes
, and
Alessandro Rebucci
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
January
2015
DOI: http://dx.doi.org/10.5089/9781484346037.001
ISBN: 9781484346037
In this paper we first compare house price cycles in advanced and emerging economies using a new quarterly house price data set covering the period 1990-2012. We find that house prices in emerging economies grow fa...
Volume/Issue: 2014/151
Series: IMF Working Papers
Author(s):
Philip Lane
, and
Gian Milesi-Ferretti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
August
2014
DOI: http://dx.doi.org/10.5089/9781498339216.001
ISBN: 9781498339216
This paper has two objectives. First, it reviews the recent dynamics of global imbalances (both 'flow' and 'stock' imbalances), with a special focus on the shifting position of Latin America in the global distribut...
Volume/Issue: 2012/188
Series: IMF Working Papers
Author(s):
Gustavo Adler
, and
Camilo Tovar Mora
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2012
DOI: http://dx.doi.org/10.5089/9781475505368.001
ISBN: 9781475505368
Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial integration with the rest of the world, arguably turning these economies more vulnerable to gl...
Volume/Issue: 2011/197
Series: IMF Working Papers
Author(s):
Gian Milesi-Ferretti
, and
Philip Lane
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
DOI: http://dx.doi.org/10.5089/9781462304240.001
ISBN: 9781462304240
After widening substantially in the period preceding the global financial crisis, current account imbalances across the world have contracted to a significant extent. This paper analyzes the factors underlying this...
Volume/Issue: 2009/280
Series: IMF Working Papers
Author(s):
R. Gelos
,
Robert Rennhack
,
James Walsh
, and
Pelin Berkmen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
DOI: http://dx.doi.org/10.5089/9781451874259.001
ISBN: 9781451874259
We provide one of the first attempts at explaining the differences in the crisis impact across developing countries and emerging markets. Using cross-country regressions to explain the factors driving growth foreca...
Volume/Issue: 2007/259
Series: IMF Working Papers
Author(s):
Jennifer Elliott
, and
Ana Carvajal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2007
DOI: http://dx.doi.org/10.5089/9781451868227.001
ISBN: 9781451868227
This paper examines the strengths and weaknesses of securities regulatory systems worldwide with a view to a better understanding of common problems and areas of global concern. We found that a consistent theme eme...
Series: Annual Report of the Executive Board
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
1994
DOI: http://dx.doi.org/10.5089/9781451944938.011
ISBN: 9781451944938
The Annual Report to the Board of Governors reviews the IMF's activities and policies during any given year. There are five chapters: (1) Overview, (2) Developments in the Global Economy and Financial Markets, (3)...