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Macroeconomic Policy in Fragile States

Edited by Ralph Chami, Raphael Espinoza, Peter J. Montiel ...

Setting macroeconomic policy is especially difficult in fragile states. Political legitimacy concerns are heightened, raising issues such as who the policymakers are, what incentives they face, and how the process of policymaking is likely to work under limited legitimacy and high uncertainty both about the macroeconomic environment as well as policy effectiveness. In addition, fragility expands ... Read more

$136.79 USD

Setting macroeconomic policy is especially difficult in fragile states. Political legitimacy concerns are heightened, raising issues such as who the policymakers are, what incentives they face, and how the process of policymaking is likely to work under limited legitimacy and high uncertainty both about the macroeconomic environment as well as policy effectiveness. In addition, fragility expands
... Read more
Wage Moderation in Crises

by Jörg Decressin, Ioannis Halikias, Michael Kumhof, Daniel Leigh, Prakash Loungani, Paulo Medas, Susanna Mursula, Antonio Spilimbergo ...

The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation together, their output still expands, albeit to a lesser degree. If the wage moderation is ... Read more

$4.99 USD

The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation together, their output still expands, albeit to a lesser degree. If the wage moderation is
... Read more
When Should Public Debt Be Reduced?

by Jonathan Mr. Ostry, Atish Mr. Ghosh, Raphael Espinoza ...

Series Book 15 - IMF Staff Discussion Notes
What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries with ample fiscal space (little risk of encountering a fiscal crisis), raising distortive taxes merely ... Read more

$4.49 USD

What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries with ample fiscal space (little risk of encountering a fiscal crisis), raising distortive taxes merely
... Read more

Stalled

Jump-Starting the Canadian Economy

by Michael Hlinka ...

For the fifty years following the Second World War, Canada enjoyed a period of spectacular economic growth — the economy quadruple in size and the living standard of most Canadians steadily improved.However, in the years since, Canada has suffered from economic stagnation. Businesses keep closing, and Canadians find it harder to get and keep a good job. Increasingly, Canadians have relied on ... Read more

$7.99 USD or Free with Kobo Plus

For the fifty years following the Second World War, Canada enjoyed a period of spectacular economic growth — the economy quadruple in size and the living standard of most Canadians steadily improved.However, in the years since, Canada has suffered from economic stagnation. Businesses keep closing, and Canadians find it harder to get and keep a good job. Increasingly, Canadians have relied on
... Read more
Global Discontents

Conversations on the Rising Threats to Democracy

by Noam Chomsky, David Barsamian ...

Series series The American Empire Project
In this compelling set of interviews, the intellectual discusses contemporary threats to democracy, from economic inequality to the Trump presidency.In wide-ranging discussions with David Barsamian, his longtime interlocutor, Noam Chomsky asks us to consider "the world we are leaving to our grandchildren": one imperiled by climate change and the growing potential for nuclear war. If the current ... Read more

$14.39 USD

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In this compelling set of interviews, the intellectual discusses contemporary threats to democracy, from economic inequality to the Trump presidency.In wide-ranging discussions with David Barsamian, his longtime interlocutor, Noam Chomsky asks us to consider "the world we are leaving to our grandchildren": one imperiled by climate change and the growing potential for nuclear war. If the current
... Read more

Also available as: Audiobook
End of Money

Counterfeiters, Preachers, Techies, Dreamers—and the Coming Cashless Society

by David Wolman ...

For ages, money has meant little metal disks and rectangular slips of paper. Yet the usefulness of physical money -- to say nothing of its value -- is coming under fire as never before. Intrigued by the distinct possibility that cash will soon disappear, author and Wired contributing editor David Wolman sets out to investigate the future of money...and how it will affect your wallet.Wolman begins ... Read more

$2.99 USD

Also available as: Audiobook

For ages, money has meant little metal disks and rectangular slips of paper. Yet the usefulness of physical money -- to say nothing of its value -- is coming under fire as never before. Intrigued by the distinct possibility that cash will soon disappear, author and Wired contributing editor David Wolman sets out to investigate the future of money...and how it will affect your wallet.Wolman begins
... Read more

Also available as: Audiobook
Interest Rate Cycles: An Introduction

by Brian Romanchuk ...

Monetary policy has increasingly become the focus of economists and investors. This report describes the factors driving interest rates across the economic cycle. Written by an experienced fixed income analyst, it explains in straightforward terms the theory that lies behind central bank thinking. Although monetary theory appears complex and highly mathematical, the text explains how decisions ... Read more

$4.99 USD or Free with Kobo Plus

Monetary policy has increasingly become the focus of economists and investors. This report describes the factors driving interest rates across the economic cycle. Written by an experienced fixed income analyst, it explains in straightforward terms the theory that lies behind central bank thinking. Although monetary theory appears complex and highly mathematical, the text explains how decisions
... Read more
Global Economic Meltdown

Long-Wave Economic Cycles - Myth or Reality

by Khafra K Om-Ra-Seti ...

This "Special Report" clarifies some of the issues of an impending world economic collapse and the emergence of the vast implementation phase of the Information Age Revolution. Long-Wave Economic Cycles helps us to understand the great transformation that our world will undergo during the 21st Century. The looming economic crisis confronting the world in 2013 and beyond is massive and has the ... Read more

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This "Special Report" clarifies some of the issues of an impending world economic collapse and the emergence of the vast implementation phase of the Information Age Revolution. Long-Wave Economic Cycles helps us to understand the great transformation that our world will undergo during the 21st Century. The looming economic crisis confronting the world in 2013 and beyond is massive and has the
... Read more
Abolish Money (From Economics)!

by Brian Romanchuk ...

We live in a monetary economy, so it is not surprising that money plays an important role within economic theory. The argument of this book is that this role has become too important, and has warped our ability to think about the economy. The important psychological role of money within society has been transferred to monetary aggregates, and they are given far more significance than they deserve. ... Read more

$4.99 USD or Free with Kobo Plus

We live in a monetary economy, so it is not surprising that money plays an important role within economic theory. The argument of this book is that this role has become too important, and has warped our ability to think about the economy. The important psychological role of money within society has been transferred to monetary aggregates, and they are given far more significance than they deserve.
... Read more
The People’s Money

How China Is Building a Global Currency

by Paola Subacchi ...

Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good reason. China has long privileged economic policies that have fueled development at the expense of the renminbi's growth, and it has become clear that the underpowered currency is threatening China's ... Read more

$25.99 USD

Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good reason. China has long privileged economic policies that have fueled development at the expense of the renminbi's growth, and it has become clear that the underpowered currency is threatening China's
... Read more
IEO Annual Report 2011

by International Monetary Fund. Independent Evaluation Office ...

Series Book Independent Evaluation Office Reports - Independent Evaluation Office Reports
Free
Youth Unemployment in Advanced Economies in Europe: Searching for Solutions

by Angana Banerji, Sergejs Mr. Saksonovs, Hannah Ms. Lin, Rodolphe Mr. Blavy ...

Series Book 14 - IMF Staff Discussion Notes
The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the business cycle and structural ... Read more

$4.49 USD

The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries before and after the global financial crisis. It will identify the main drivers of youth and adult unemployment, focusing in particular on the role of the business cycle and structural
... Read more

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Macroeconomic Policy in Fragile States

Wage Moderation in Crises

When Should Public Debt Be Reduced?

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Stalled

Global Discontents

End of Money

Interest Rate Cycles: An Introduction

Global Economic Meltdown

Abolish Money (From Economics)!

The People’s Money

IEO Annual Report 2011

Youth Unemployment in Advanced Economies in Europe: Searching for Solutions

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