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8 Challenges Posed by the Globalization of Finance and Risk

8 Challenges Posed by the Globalization of Finance and Risk »

Source: Safeguarding Financial Stability : Theory and Practice

Series: Books

Author(s): Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2005

ISBN: 9781589064409

Keywords: credit, financial system, otc, financial institutions

While it is reasonable to presume that the structural financial changes that occurred in international markets since the mid- to late 1970s have been beneficial overall, it would be complacent to ignore, and...

CHAPTER 2. Growth and Poverty Reduction

CHAPTER 2. Growth and Poverty Reduction »

Source: Growth and Poverty Reduction in Armenia : Achievements and Challenges

Series: IMF Special Issues

Author(s): Christian Beddies , Enrique Gelbard , James McHugh , Laure Redifer , and Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2005

ISBN: 9781589064515

Keywords: Economic growth, Poverty reduction, banking, banking system, tfp, tax revenues, tax administration

This chapter reviews Armenia’s growth performance and poverty indicators since the early 1990s. It seeks to respond to the following four questions: What were the sources of growth? Can the recent rapid grow...

Growth and Poverty Reduction in Armenia
			: Achievements and Challenges

Growth and Poverty Reduction in Armenia : Achievements and Challenges »

Series: IMF Special Issues

Author(s): Christian Beddies , Enrique Gelbard , James McHugh , Laure Redifer , and Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2005

DOI: http://dx.doi.org/10.5089/9781589064515.058

ISBN: 9781589064515

Keywords: Economic growth, Poverty reduction, banking, banking system, tfp, tax revenues, tax administration

Since 2000, Armenia's economic performance has been remarkable. Real economic growth has averaged 11 percent a year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has...

Mauritius
			: Challenges of Sustained Growth

Mauritius : Challenges of Sustained Growth »

Series: IMF Special Issues

Author(s): James Yao , Gamal El-Masry , Padamja Khandelwal , and Emilio Sacerdoti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 March 2005

DOI: http://dx.doi.org/10.5089/9781589064164.058

ISBN: 9781589064164

Keywords: Development, Economic growth, inflation, monetary policy, financial system, export sector, banking

Mauritius has achieved remarkable success since its independence in 1968. It has one of the highest per capita GDPs in Africa, the economy has diversified from complete dependence on the sugar crop, into textiles,...

12 Ongoing National and Global Challenges

12 Ongoing National and Global Challenges »

Source: Safeguarding Financial Stability : Theory and Practice

Series: Books

Author(s): Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2005

ISBN: 9781589064409

Keywords: credit, financial system, otc, financial institutions

The changes in the financial market landscape since the early 1970s, and the rapid acceleration of those changes in the 1990s and beyond, have resulted in unprecedented growth and unprecedented challenges, i...

VI Trends in Wage Inequality, 1981–2001

VI Trends in Wage Inequality, 1981–2001 »

Source: Hong Kong SAR : Meeting the Challenges of Integration with the Mainland

Series: Occasional Papers

Author(s): William Lee , Jorge Chan-Lau , Dora Iakova , Papa N'Diaye , Tao Wang , Ida Liu , Hong Liang , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 2004

ISBN: 9781589062948

Keywords: Economic conditions, Hong Kong SAR, prices, wage, expenditure, wages, government expenditure

Income inequality in Hong Kong SAR has increased rapidly over the last twenty years (Figure 6.1). The Gini coefficient, a commonly used summary measure of household income inequalit...