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IV A Globally Consistent Conceptual Framework

IV A Globally Consistent Conceptual Framework »

Source: Exchange Rate Assessment : Extension of the Macroeconomic Balance Approach

Series: Occasional Papers

Author(s): Peter Isard , and Hamid Faruqee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 1998

ISBN: 9781557757319

Keywords: Exchange rates, current account, exchange rate, real exchange rate, current accounts

The conceptual framework described in Section II emphasizes the fact that the current account can be viewed from at least two different perspectives. On the one hand, the current account is the result of int...

IV Global Effects of Changes in Imports in Program Countries

IV Global Effects of Changes in Imports in Program Countries »

Source: The Global Effects of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 March 1986

ISBN: 9780939934577

Keywords: export prices, exchange rate, world trade, world exports, total exports

The broad characteristics of program countries that were reviewed in Section III are helpful as a indication of their potential to influence macroeconomic developments in the rest of the world. In order, how...

V Global Effects of Changes in Exchange Rates of Program Countries

V Global Effects of Changes in Exchange Rates of Program Countries »

Source: The Global Effects of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): Morris Goldstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 March 1986

ISBN: 9780939934577

Keywords: export prices, exchange rate, world trade, world exports, total exports

Nowhere perhaps have “aggregation effects” been so long recognized and so much discussed as in the context of simultaneous exchange rate action by primary-producing countries. 47...

VI Prospects for Self-Sustaining Growth in Eastern Germany

VI Prospects for Self-Sustaining Growth in Eastern Germany »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

Considerable progress has been made in restructuring the economy of eastern Germany. The system of economic planning in existence at the time of economic and monetary union in mid-1990 has been replaced by a...

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...

VII Methodology for Calculating Equilibrium Exchange Rates and Question of Global Consistency

VII Methodology for Calculating Equilibrium Exchange Rates and Question of Global Consistency »

Source: Exchange Rate Assessment : Extension of the Macroeconomic Balance Approach

Series: Occasional Papers

Author(s): Peter Isard , and Hamid Faruqee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 1998

ISBN: 9781557757319

Keywords: Exchange rates, current account, exchange rate, real exchange rate, current accounts

As described in Section II, the first two steps in the exchange rate assessment process generate estimates of underlying current account positions and of equilibrium saving-investment or current account bala...