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The Summer 2017 issue of the IMF Research Bulletin highlights new research such as recent IMF Working Papers and Staff Discussion Notes. The Research Summaries are “Structural Reform Packages, Sequencing, and the Informal Economy (by Zsuzsa Munkacsi and Magnus Saxegaard) and “A Broken Social Contract, Not High Inequality Led to the Arab Spring” (by Shantayanan Devarajan and Elena Ianchovichina). The Q&A section features “Seven Questions on Fintech” (by Tommaso Mancini-Griffoli). The Bulletin also includes information on recommended titles from IMF Publications and the latest articles from the IMF Economic Review.
This book is about philosophically decoding horoscope through the mythological stories of Nakshatras with a unique amalgamation of medical astrology and D60. It is a humble attempt to introduce the eternal wisdom of various Vedic ideas, including Atman, Paramatma, Karma and Dharma, from our sages. The author endeavors to explain cosmic energies in the universe but also show how the teachings of the Vedas can be used to lead a blissful life amid the present-day chaos, stress and confusion. The activation of Seven Human Chakras results in achieving everlasting, blissful life from the 'Cosmic energy' that enters the human body, located along our spine, and explains how this 'cosmic energy' in t...
This Selected Issues paper analyzes the factors behind the unprecedented widening of India’s current account deficit in terms of the sectoral savings-investment balance. Persistently high inflation is found to have depressed real returns, prompting a surge in gold imports and a marked deterioration in household financial savings. The paper investigates inward and outward spillovers to and from India. The results show that output shocks emanating in globally systemic countries have important global effects, but their impact on India is limited. It is found that shocks originating in India have relatively small global implications, but are very important for several South Asian economies.
Structural conditionality of IMF-supported programs is designed to support structural reforms by countries borrowing from the IMF. Taking stock of program conditions and their implementation, this paper finds that conditionality focuses on fiscal, monetary and financial issues—areas where IMF expertise is strong—and shies away from structural areas such as labor or product market reforms. Hence, tackling deep-rooted structural issues during IMF-supported programs often remained elusive. To ensure countries gain most from IMF conditionality, the paper outlines an evaluation matrix for prioritizing and designing structural reforms, and applies it to case studies.
A decade after the spark of the Arab Spring, the Middle East and North Africa (MENA) region continues to suffer from limited creation of more andbetter jobs. Youth face idleness and unemployment. For those who find jobs, informality awaits. Few women attempt to enter the world of work at all. Meanwhile, the available jobs are not those of the future. These labor market outcomes are being worsened by the coronavirus (COVID-19) pandemic.'Jobs Undone: Reshaping the Role of Governments toward Markets and Workers in the Middle East and North Africa' explores ways to break theseimpasses, drawing on original research, survey data, wide-ranging literature, and young entrepreneurial voices from the r...
The Nectarine wisdom of Yoga Vasistha perfected by Swami Akhandananda Saraswati Ji Maharaj of Vrindavan.
Compiles top research from the world's leading experts on many topics related to electronic commerce. Covers topics including mobile commerce, virtual enterprises, business-to-business applications, Web services, and enterprise methodologies.