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jonathan mr ostry

Showing 1 - 12 of 19 results for “jonathan mr ostry
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  • Redistribution, Inequality, and Growth

    Series Book 14 - IMF Staff Discussion Notes
    The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Funds mandate is providing advice that will enable members economies to grow on a sustained basis. But the ... Read more

    $6.99 CAD

  • Primary Surpluses and sustainable Debt Levels in Emerging Market Countries

    Series Book 05 - IMF Policy Discussion Papers
    This paper aims to put some constraints on the way primary surpluses are projected when making assessments of public debt sustainability. Projections should be tied either to the country's historical track record in generating surpluses-if the institutional and other factors accounting for this track record are expected to persist-or to some model that links primary surpluses to their fundamental ... Read more

    $8.99 CAD

  • Capital Inflows: The Role of Controls

    Series Book 2010 - IMF Staff Position Notes
    With the global economy beginning to emerge from the financial crisis, capital is flowing back to emerging market countries (EMEs). These flows, and capital mobility more generally, allow countries with limited savings to attract financing for productive investment projects, foster the diversification of investment risk, promote intertemporal trade, and contribute to the development of financial ... Read more

    $6.99 CAD

  • Multilateral Aspects of Managing the Capital Account (EPub)

    Series Book 12 - IMF Staff Discussion Notes
    The financial crisis has again brought home the profound financial linkages across countries, often manifest in highly volatile capital flows. This volatility has prompted interest in possible rules of the road to guide policies in both source and recipient countries. This note discusses the analytical underpinnings, and possible contours, of such rules. While a series of discussion notes have ... Read more

    $6.99 CAD

  • Inequality and Unsustainable Growth: Two Sides of the Same Coin?

    Series Book 11 - IMF Staff Discussion Notes
    This note raises the IMF’s profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is designed to be more accessible, more policy oriented, and focused squarely on the issue of inequality and the ... Read more

    $6.99 CAD

  • When Should Public Debt Be Reduced?

    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

    $6.99 CAD

  • Japan's Lost Decade: Policies for Economic Revival

    Japan’s weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan’s importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan’s economy out of its recent ... Read more

    $15.99 CAD

  • Managing Capital Inflows: What Tools to Use?

    Series Book 11 - IMF Staff Discussion Notes
    A staff policy note on the above topic is under preparation, and the target delivery date is December 2010. The note will look at a number of issues, including: possible tensions between the prudential case for capital controls and the macroeconomic case; the role of capital controls and other prudential regulations in limiting the risks associated with the boom-bust cycle in capital flows (and ... Read more

    $6.99 CAD

  • Reaping the Benefits of Financial Globalization

    Series Book 264 - Occasional Papers
    Financial globalization has increased dramatically over the past three decades, particularly for advanced economies, while emerging market and developing countries experienced more moderate increases. Divergences across countries stem from different capital control regimes, and factors such as institutional quality and domestic financial development. Although, in principle, financial globalization ... Read more

    $18.99 CAD

  • Exchange Rate Assessments: CGER Methodologies

    Series Book 261 - Occasional Papers
    The rapid increase in international trade and financial integration over the past decade and the growing importance of emerging markets in world trade and GDP have inspired the IMF to place stronger emphasis on multilateral surveillance, macro-financial linkages, and the implications of globalization. The IMF's Consultative Group on Exchange Rate Issues (CGER)--formed in the mid-1990s to provide ... Read more

    $16.99 CAD