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.

Sign up

Economics of Sovereign Wealth Funds
  • Language: en
  • Pages: 330

Economics of Sovereign Wealth Funds

The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years.

Imports Under a Foreign Exchange Constraint
  • Language: en
  • Pages: 24

Imports Under a Foreign Exchange Constraint

This paper examines the role of foreign exchange receipts in determining Iran’s imports during 1961/62-1992/93. It provides evidence of the existence of long-term relationship between imports and foreign exchange receipts, as well as the traditional price and output variables.

The Parallel Market for Foreign Exchange in an Oil Exporting Economy
  • Language: en
  • Pages: 38

The Parallel Market for Foreign Exchange in an Oil Exporting Economy

This paper provides a model for the determination of the parallel market exchange rate premium in a country where oil export earnings accrue directly to the government, and foreign exchange is centrally allocated for the importation of specific goods. Next, it studies the parallel market for foreign exchange In the Islamic Republic of Iran during the period 1978-90. The paper then examines the various time series properties of parallel market exchange rate in Iran, and the evidence of the role of oil and non-oil exports in the determination of the parallel market premium.

Economic Dislocation and Recovery in Lebanon
  • Language: en
  • Pages: 77

Economic Dislocation and Recovery in Lebanon

This paper provides background information on the Lebanese economy, based on an analysis of the economic consequences of war, and discusses several issues that will be central to Lebanon's prospects for recovery

Islamic Republic of Afghanistan
  • Language: en
  • Pages: 144

Islamic Republic of Afghanistan

Afghanistan has made important achievements in recent years. The 2011 Article IV Consultation highlights that authorities have taken steps to lay the foundation for economic stability and growth, despite a very difficult security situation and the challenges associated with building political and economic institutions. Directors agreed that the Extended Credit Facility (ECF)-supported program, accompanied by a technical assistance agenda, provides an appropriate framework for addressing the considerable challenges lying ahead and a basis for continued engagement with the donor community.

Economic Dislocation and Recovery in Lebanon
  • Language: en
  • Pages: 76

Economic Dislocation and Recovery in Lebanon

This paper provides background information on the Lebanese economy, based on an analysis of the economic consequences of war, and discusses several issues that will be central to Lebanon's prospects for recovery

The Tragedy of Kabul Bank
  • Language: en
  • Pages: 501

The Tragedy of Kabul Bank

The Tragedy of Kabul Bank is the story of a massive fraud, deception and betrayal by a group of crony capitalists aided and abetted by the then highest political authorities of Afghanistan. It is an expose of rampant greed and excessive risk taking that shocked the world and caused enormous damage to Afghanistan's economy and image. The Tragedy of Kabul Bank is a narrative of a notorious case of corruption in post-Taliban Afghanistan, recipient of the largest foreign aid since European reconstruction. The Tragedy of Kabul Bank is a minute by minute account of multiple crises occurring at the same time and in quick succession and the panic that precipitated the largest bank run the country ha...

Tunisia
  • Language: en
  • Pages: 73

Tunisia

This 2012 Article IV Consultation highlights that Tunisia experienced a severe recession in 2011 amid domestic and regional turmoil. Real GDP contracted by 1.8 percent, reflecting a sharp decline in tourism and foreign direct inflows. As a result of the economic downturn and the return of Tunisian workers from Libya, unemployment soared to 19 percent in 2011, with youth unemployment at 42 percent. Tunisia’s medium-term economic growth potential remains favorable, but unleashing it requires a comprehensive package of structural reforms to foster private investment.

Morocco
  • Language: en
  • Pages: 33

Morocco

This paper discusses Morocco’s First Review Under the Arrangement Under the Precautionary and Liquidity Line (PLL). Significant progress was made in implementing the reform agenda. The program remains broadly on track, and Morocco continues to meet the qualification criteria for a PLL. The fiscal end-September indicative target was missed by 0.7 percent of GDP. Subject to the Executive Board’s positive assessment in the context of the 2014 Article IV consultation, the IMF staff recommends the completion of the first review under the PLL arrangement.

The Economy of the Middle East and North Africa in 1997
  • Language: en
  • Pages: 54

The Economy of the Middle East and North Africa in 1997

The economy of the Middle East and North Africa improved considerably in 1996, and remained favorable in 1997. This paper, by Mohamed A. El-Erian and Susan Fennell, presents an assessment of the recent experience of the MENA economies and examines prospects for 1998 and beyond.