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Music to My Ears
  • Language: en
  • Pages: 270

Music to My Ears

This compilation of writings spans seven decades of poems and limericks inspired by all manner of subjects and people that Minnie Wren came across during her life. Her works are listed in the index at the beginning of the book.

Mauritius
  • Language: en
  • Pages: 156

Mauritius

This report on the observance of Standards and Codes—Data Module provides an assessment of Mauritius’s macroeconomic statistics against the Special Data Dissemination Standard complemented by an assessment of data quality based on the IMF’s Data Quality Assessment Framework July 2003. The assessment reveals that the quality of the macroeconomic statistics in Mauritius has improved significantly since the previous assessment conducted in 2001. Quarterly national accounts were successfully put in place. Work is well advanced to implement the new international methodology for government finance statistics.

Malta
  • Language: en
  • Pages: 142

Malta

The quality of the macroeconomic statistics for Malta has improved significantly in recent years, particularly as a result of the legal and institutional restructuring of the National Statistics Office (NSO). These changes were made in an effort to respond more effectively to the needs of users and to comply with new data-reporting requirements of the European Union (EU). These improvements have brought Malta’s statistical practices in line with internationally accepted standards and practices in a number of statistical areas.

Panama
  • Language: en
  • Pages: 111

Panama

Panama’s statistical system is well established by a legal framework that generally provides the necessary authority for the collection and compilation of statistics. Panama has a well-developed macroeconomic statistical system and the government recognizes the importance of good statistics for policy and investment decisions. This Report on the Observance of Standards and Codes (ROSC) is a follow-up to the Panama ROSC issued in 2006. Since 2006, Panama has acted upon a number of the recommendations of the previous ROSC, has passed and implemented new statistical legislation, created the National Statistical Institute and enhanced its statistical compilation and dissemination practices. Th...

Creatures of Darkness
  • Language: en
  • Pages: 341

Creatures of Darkness

“[An] exhaustively researched survey of Raymond Chandler’s thorny relationship with Hollywood during the classic period of film noir.” —Alain Silver, film producer and author Raymond Chandler’s seven novels, including The Big Sleep (1939) and The Long Goodbye (1953), with their pessimism and grim realism, had a direct influence on the emergence of film noir. Chandler worked to give his crime novels the flavor of his adopted city, Los Angeles, which was still something of a frontier town, rife with corruption and lawlessness. In addition to novels, Chandler wrote short stories and penned the screenplays for several films, including Double Indemnity (1944) and Strangers on a Train (1...

89 Bags and Counting
  • Language: en
  • Pages: 223

89 Bags and Counting

Bringing readers and travelers a fascinating but cautionary account of an airport's baggage-handling system, Steve Chart shares the many interesting and at times humorous investigations he undertook as a security consultant to the Airports Company South Africa. In 2007 Steve Chart was appointed with the task of assisting in the reduction of baggage pilferage at OR Tambo International Airport in South Africa. What Steve soon realized, however, was that in terms of security, the airport wasn't a vessel with a small leakage problem but a boat on the absolute verge of sinking. He discovered a criminal incursion within the South African travel industry, encountering countless cases of corruption, poor management, and no desire to take responsibility. This personal narrative of his investigations serves as a reminder to the public about protecting their luggage, themselves, and their fellow travelers.

The IMF's Data Dissemination Initiative After Ten Years
  • Language: en
  • Pages: 138

The IMF's Data Dissemination Initiative After Ten Years

The Data Dissemination Initiative was launched in the mid-1990s as part of a broader internationally-agreed-upon initiative to strengthen transparency and promote good governance practices by establishing standards and codes. Ten years later, the initiative is viewed as an integral part of the international financial architecture, and is considered to have improved the functioning of international financial markets and contributed to global financial stability. This volume reviews certain aspects of the development of and experience with the initiative over the past decade, and concludes by reflecting on potential challenges ahead and possible enhancements.

What has Capital Liberalization Meant for Economic and Financial Statistics
  • Language: en
  • Pages: 31

What has Capital Liberalization Meant for Economic and Financial Statistics

The liberalization of capital flows both in the domestic economy and cross-border has been among the most important policies adopted by IMF member countries over recent decades. The impact has been wide-ranging. This paper looks at the impact on the field of economic and financial statistics in the past two decades, as statisticians have responded to the changing policy needs. The paper considers the historical context of changes that have occurred, draws out the key trends, and asks where these trends might lead statisticians in the foreseeable future. The paper considers that there has been nothing short of a revolution in the field of economic and financial statistics over the past two decades led by a need for greater transparency; greater standardization; new data sets to support understanding of financial interconnections and financial sector risks; and the strengthening of the governance of the statistical function through greater independence of statistical agencies.

Measuring the Digital Economy
  • Language: en
  • Pages: 49

Measuring the Digital Economy

"Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions. Digitalization is both an enabler and a disruptor of businesses. The lack of a generally agreed definition of the “digital economy” or “digital sector” and the lack of industry and product classification for Internet platforms and associated services are hurdles to measuring the digital economy. This paper distinguishes between the “digital sector” and the increasingly digitalized modern economy, often called the “digital economy,” and focuses on the measurement of the digital sector. The digital sector covers the core activities of digitalization, ICT goods and services, online platforms, and platform-enabled activities such as the sharing economy."

The Effects of Data Transparency Policy Reforms on Emerging Market Sovereign Bond Spreads
  • Language: en
  • Pages: 33

The Effects of Data Transparency Policy Reforms on Emerging Market Sovereign Bond Spreads

We find that data transparency policy reforms, reflected in subscriptions to the IMF’s Data Standards Initiatives (SDDS and GDDS), reduce the spreads of emerging market sovereign bonds. To overcome endogeneity issues regarding a country’s decision to adopt such reforms, we first show that the reform decision is largely independent of its macroeconomic development. By using an event study, we find that subscriptions to the SDDS or GDDS leads to a 15 percent reduction in the spreads one year following such reforms. This finding is robust to various sensitivity tests, including careful consideration of the interdependence among the structural reforms.