Welcome to our book review site go-pdf.online!
You may have to Search all our reviewed books and magazines, click the sign up button below to create a free account.
Macroeconomic Research in Low-income Countries
Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP growth during the 2008 global financial crisis, LICs on average saw 4.5 percent of real GDP growth during 2000 to 2014, making progress in economic convergence toward higher-income countries. However, the commodity price collapse in 2014–15 hit many commodity-exporting LICs and highlighted their vulnerabilities due to the limited extent of economic diversification. Furthermore, LICs are currently facing a crisis like no other—COVID-19, which requires careful policymaking to save lives and livelihoods in LICs, informed by policy debate and thoughtful research tailored to the COVID-19 situation. There are also other challenges beyond COVID-19, such as climate change, high levels of public debt burdens, and persistent structural issues.
Sayın Bay Rock Yıldızı
"İnsanın geçmişe ihtiyacı var. Kim olduğumuzu hatırlamak için. Daha doğrusu eskiden olduğumuz kişiyi hatırlamak için. Bir an içimde bir ağlama duygusu oluşuyor. Hıçkırarak. O yüzden şaka yapmaya başlıyorum. Berbat şakalar. Melankolimi yalnızlığıma saklayayım. Eve gidince yaşayayım." Timur, 46 yaşında neredeyse mizantrop bir rock yıldızı. Alkolle, hayatla, depresyonla, manasızlık hisleriyle, orta yaş ve yaratıcılık krizleriyle savaşırken, bir yandan da dört yaşındaki kızına baba, annesine oğul olmaya çalışıyor. En çok zorlandığı konuysa kendine katlanmak. Yalnız, sürekli başka bir kişi olmaya zorlandığını düşünen, kim olduğunu artık bilemeyen, yaşadığı çağa ayak uyduramayan bir rock yıldızı. O sırada, kendini ikna etmekte zorlandığı bir gönül ilişkisini de yürütmeye çalışıyor. Tabii, yapabildiği kadar. Daha doğrusu yapamadığı kadar. Teoman şarkı yazarlığı kadar romancılıkta da iddiasını ortaya koyuyor. Hem çok aşina hem çok yabancısı olduğumuz bir kahraman, hem çok acıklı hem çok eğlenceli hem de komik bir hayat...
Climate Change and Chronic Food Insecurity in Sub-Saharan Africa
Climate change is intensifying food insecurity across sub-Saharan Africa (SSA) with lasting adverse macroeconomic effects, especially on economic growth and poverty. Successive shocks from the war in Ukraine and COVID-19 pandemic have increased food prices and depressed incomes, raising the number of people suffering from high malnutrition and unable to meet basic food consumption needs by at least 30 percent to 123 million in 2022 or 12 percent of SSA’s population. Addressing the lack of resilience to climate change—that critically underlies food insecurity in SSA—will require careful policy prioritization against a backdrop of financing and capacity constraints. This paper presents s...
A Conceptual Model for the Integrated Policy Framework
In the Mundell-Fleming framework, standard monetary policy and exchange rate flexibility fully insulate economies from shocks. However, that framework abstracts from many real world imperfections, and countries often resort to unconventional policies to cope with shocks, such as COVID-19. This paper develops a model of optimal monetary policy, capital controls, foreign exchange intervention, and macroprudential policy. It incorporates many shocks and allows countries to differ across the currency of trade invoicing, degree of currency mismatches, tightness of external and domestic borrowing constraints, and depth of foreign exchange markets. The analysis maps these shocks and country characteristics to optimal policies, and yields several principles. If an additional instrument becomes available, it should not necessarily be deployed because it may not be the right tool to address the imperfection at hand. The use of a new instrument can lead to more or less use of others as instruments interact in non-trivial ways.
