2022 Update Of The External Balance Assessment Methodology
DOWNLOAD
Download 2022 Update Of The External Balance Assessment Methodology PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get 2022 Update Of The External Balance Assessment Methodology book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
2022 Update Of The External Balance Assessment Methodology
DOWNLOAD
Author : Mr. Cian Allen
language : en
Publisher: International Monetary Fund
Release Date : 2023-03-03
2022 Update Of The External Balance Assessment Methodology written by Mr. Cian Allen and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-03 with Business & Economics categories.
The assessment of external positions and exchange rates of member countries is a key mandate of the IMF. The External Balance Assessment (EBA) methodology has provided the framework for conducting external sector assessments by Fund staff since its introduction in 2012. This paper provides the latest version of the EBA methodology, updated in 2022 with additional refinements to the current account and real exchange rate regression models, as well as updated estimates for other components of the EBA methodology. The paper also includes an assessment of how estimated current account gaps based on EBA are associated with future external adjustment.
Eba Lite 3 0 Model And Methodology
DOWNLOAD
Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2024-11-18
Eba Lite 3 0 Model And Methodology written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-18 with categories.
The EBA-lite methodology is a key input in external sector assessments for over three-quarters of IMF member countries, representing a broad set of emerging and low-income economies. The EBA-lite methodology is refined periodically, and this paper provides a comprehensive discussion of the current EBA-lite econometric models and framework which is referred to as EBA-lite 3.0. The most recent refinements to the EBA-lite models included data updates, improved construction of model variables, and exclusion of non-robust variables. This paper also updates operational guidance on the complementary EBA-lite tools, such as the external sustainability approach and the modules for commodity exporters.
2024 Staff Guidance Note On The Imf S Engagement With Small Developing States
DOWNLOAD
Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2024-07-25
2024 Staff Guidance Note On The Imf S Engagement With Small Developing States written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-25 with categories.
This guidance note provides operational guidance on the Fund’s engagement with small developing states (SDS). It highlights the unique economic characteristics and constraints facing SDS, notably in a more shock-prone world. Building on advice that applies to the full membership, the note explains how the characteristics of SDS shape Fund surveillance, financial support and program design, capacity development (CD), and collaboration with other institutions and donors. The note updates the previous version that was published in December 2017.
External Sector Report 2022
DOWNLOAD
Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2022-08-04
External Sector Report 2022 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-04 with Business & Economics categories.
Global current account balances—the overall size of current account deficits and surpluses—continued to widen in 2021 to 3.5 percent of world GDP, and are expected to widen again this year. The IMF’s multilateral approach suggests that global excess balances narrowed to 0.9 percent of world GDP in 2021 compared with 1.2 percent of world GDP in 2020. The pandemic has continued to affect economies’ current account balances unevenly through the travel and transportation sectors as well as a shift from services to goods consumption. Commodity prices recovered from the COVID-19 shock and started rising in 2021 with opposite effects on the external position of exporters and importers, a trend that the war in Ukraine is exacerbating in 2022. The medium-term outlook for global current account balances is a gradual narrowing as the impact of the pandemic fades away, commodity prices normalize, and fiscal consolidation in current account deficit economies progresses. However, this outlook is highly uncertain and subject to several risks. Policies to promote external rebalancing differ with positions and needs of individual economies.
Measuring International Economics
DOWNLOAD
Author : Ursula Schipper
language : en
Publisher: Springer Nature
Release Date : 2025-04-28
Measuring International Economics written by Ursula Schipper and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-04-28 with Business & Economics categories.
Marking a century of the German balance of payments, this open access book covers the main historical, conceptual, analytical and institutional aspects of external statistics. It explores how the balance of payments has evolved as a multipurpose set of statistics for macroeconomic analysis and shows why it matters today for sound economic and monetary policy decisions in a globalised world. This book brings together academics, statisticians and practitioners from national, European and global institutions to look back on 100 years of the balance of payments in Germany in the context of European and global developments. Their contributions offer different perspectives on how results have been interpreted over a century, describe current challenges and look to the future. They formulate new insights into how to measure globalisation, international economic relations and interdependencies. Across four sections, this book covers the history and informational value of balance of payments statistics, their importance in international policymaking as well as selected aspects concerning the quality of statistics and measurement of globalisation. This book is essential reading not just for economists, policymakers, statisticians, researchers and advanced students of economics and official statistics, but also for anyone looking to understand the intricate economic ties between nations and the role that the balance of payments statistics play in supplying the information underpinning economic policy in today’s interconnected global economy.
Central And Eastern European Economies And The War In Ukraine
DOWNLOAD
Author : László Mátyás
language : en
Publisher: Springer Nature
Release Date : 2024-07-01
Central And Eastern European Economies And The War In Ukraine written by László Mátyás and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-01 with Business & Economics categories.
This book takes stock of and analyses the direct and indirect effects of the war in Ukraine, the policy response to the shock across countries, as well as the potential medium-term economic and social implications and policy challenges. The last decade most Central and Eastern European (CEE) economies have been on a convergence path towards the EU average according to the main economic indicators. In 2022, however, the terrible war in Ukraine had major spillovers to the rest of the world, with the CEE economies being among the most exposed. The millions of refugees, the disruptions to energy supply, trade and supply chains, the surge in inflation, the tightening of global financial conditions, and elevated uncertainty created a radically new economic and social environment in these countries. The volume covers the economic effects of these challenges, the policy options available, and also those related to the eventual reconstruction of Ukraine, including the potential role of the CEE countries. Based on data and evidence-supported policy analysis, each chapter studies the impact of the shock on a particular area of the economy and makes general and country-specific policy recommendations. This makes this book a must-read for students, scholars, and researchers of economics and neighboring disciplines, as well as policy-makers interested in a better understading of the direct and indirect effects of the war in Ukraine on the CEE countries. The book is a sequel to the volume Emerging European Economies after the Pandemic, (Springer Nature, January 2022). Chapter "Economic Growth & Resilience" is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Dominant Drivers Of Current Account Dynamics
DOWNLOAD
Author : Lukas Boer
language : en
Publisher: International Monetary Fund
Release Date : 2024-04-26
Dominant Drivers Of Current Account Dynamics written by Lukas Boer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-26 with Business & Economics categories.
We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which macroeconomic shocks are behind the empirical dominant drivers of the current account at business-cycle frequency. Rather than financial shocks or aggregate shocks to supply or demand, shocks to the relative demand between home and foreign goods are found to play a pivotal role in current account dynamics.
Saudi Arabia
DOWNLOAD
Author : International Monetary Fund. Middle East and Central Asia Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2022-08-17
Saudi Arabia written by International Monetary Fund. Middle East and Central Asia Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-17 with Business & Economics categories.
Saudi Arabia is recovering strongly from the pandemic-induced recession. Higher oil prices provide an opportunity for accelerating further the strong reform drive brought about under Vision 2030.
2017 External Sector Report Individual Economy Assessments
DOWNLOAD
Author : International Working Group on External Debt Statistics
language : en
Publisher: International Monetary Fund
Release Date : 2017-07-28
2017 External Sector Report Individual Economy Assessments written by International Working Group on External Debt Statistics and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-28 with Business & Economics categories.
The external sector assessments use a wide range of methods, including the External Balance Assessment (EBA) developed by the IMF’s Research Department to estimate desired current account balances and real exchange rates (see IMF Working Paper WP/13/272 for a complete description of the EBA methodology and Annex I of the 2015 External Sector Report for a discussion of more recent refinements). In all cases, the overall assessment is based on the judgment of IMF staff drawing on the inputs provided by these model estimates and other analysis. Since estimates are subject to uncertainty, overall assessments are presented in ranges. The external sector assessments are based on data and IMF staff projections as of June 15th, 2017. The external assessments discuss a broad range of external indicators: the current account, the real effective exchange rate, capital and financial accounts flows and measures, FX intervention and reserves and the foreign asset or liability position.[1] The individual economy assessments are discussed with the respective authorities as a part of bilateral surveillance.
Zambia
DOWNLOAD
Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2017-10-25
Zambia written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-25 with Business & Economics categories.
This 2017 Article IV Consultation highlights the improved near-term outlook for the Zambian economy in recent months, driven by good rains and the rising world copper price. The economy was in near-crisis conditions from the fourth quarter of 2015 through most of 2016, reflecting the impact of exogenous shocks and lax fiscal policy in the lead-up to general elections. The medium-term outlook for the economy is contingent on policies. Achieving sustained high and inclusive growth requires a stable macroeconomic environment as well as policies and reforms to increase productivity, enhance competitiveness, strengthen human capital and support financial inclusion for small and medium-scale enterprises.