Dollarization In Lebanon
DOWNLOAD
FREE 30 Days
Download Dollarization In Lebanon PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Dollarization In Lebanon 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
Dollarization In Lebanon
DOWNLOAD
FREE 30 Days
Author : Mr.Johannes Mueller
language : en
Publisher: International Monetary Fund
Release Date : 1994-10-01
Dollarization In Lebanon written by Mr.Johannes Mueller 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 1994-10-01 with Business & Economics categories.
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Economic Dislocation And Recovery In Lebanon
DOWNLOAD
FREE 30 Days
Author : Mr.Paul Cashin
language : en
Publisher: International Monetary Fund
Release Date : 1995-12-01
Economic Dislocation And Recovery In Lebanon written by Mr.Paul Cashin 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 1995-12-01 with Business & Economics categories.
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
Determinants Of Financial Dollarization In A Small Open Economy
DOWNLOAD
FREE 30 Days
Author : Leila El Sayed
language : en
Publisher:
Release Date : 2009
Determinants Of Financial Dollarization In A Small Open Economy written by Leila El Sayed and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Interest Rate Determination In Lebanon
DOWNLOAD
FREE 30 Days
Author : Mangal Goswami
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2006-04-01
Interest Rate Determination In Lebanon written by Mangal Goswami 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 2006-04-01 with categories.
This paper seeks to understand how interest rates are formed in Lebanon, by focusing on the pass-through from benchmark rates, prevailing liquidity conditions, and the main characteristics of the Lebanese economy, notably its open capital account, fixed exchange rate, high government borrowing requirement, large public debt, and high degree of deposit dollarization. We find that international interest rates are an important element in the determination of interest rates in Lebanon. In particular, the pass-through of global benchmark rates to interest rates on sovereign bonds is about 70 percent. The less-than-complete pass-through could be attributed to a home-bias effect reflecting a relatively stable and dedicated investor base. The study also shows that interest rates in Lebanon are affected by liquidity conditions as well as perceived sovereign risk.
Lebanon
DOWNLOAD
FREE 30 Days
Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2012-02-09
Lebanon written by International Monetary Fund 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 2012-02-09 with Business & Economics categories.
Lebanon is facing a difficult global, regional, and domestic environment simultaneously for the first time in more than a decade. Domestic policies should aim at instilling confidence and tackling key policy challenges, such as preserving macroeconomic stability and paving the way for a more resilient, dynamic, and inclusive economy. The Banque du Liban (BdL) relied on its large foreign reserves build-up during the upswing to intervene forcefully when the Lebanese pound came under pressure from deposit outflows and currency conversions in the wake of the government crisis.
Lebanon Weathering The Perfect Storms
DOWNLOAD
FREE 30 Days
Author : Axel Schimmelpfennig
language : en
Publisher: International Monetary Fund
Release Date : 2008
Lebanon Weathering The Perfect Storms written by Axel Schimmelpfennig 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 2008 with Business & Economics categories.
This paper reviews Lebanon's ability to manage financial pressures following severe shocks despite its large public debt overhang and significant external vulnerabilities. Based on interviews with market participants in Beirut and London, the paper concludes that Lebanon's ability to weather what appear to be "perfect storms" derives from three characteristics: a perceived implicit guarantee from donors; Lebanon's track record of having never defaulted on external debt or deposits; and the unique market structure for Lebanese debt which is dominated by local banks and "dedicated" investors and depositors.
Lebanon
DOWNLOAD
FREE 30 Days
Author : International Monetary Fund. Middle East and Central Asia Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2019-10-17
Lebanon 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 2019-10-17 with Business & Economics categories.
This 2019 Article IV Consultation with Lebanon highlights that Lebanon’s economic position continues to be very difficult, with very low growth, high public debt and large twin deficits. While financial stability has been maintained, deposit inflows, critical to finance the budget and external deficits, slowed down during the past year, reducing the authorities’ room for manoeuvre. The new government has taken some important policy steps to start the needed policy adjustment, which could help raise confidence among investors and donors. The highest priority is the implementation of a sustainable fiscal adjustment that will bend down the path of the public debt-to-gross domestic product ratio through a combination of revenue and expenditure measures. This needs to be complemented by structural reforms and concessionally financed investment to raise Lebanon’s growth potential and help external adjustment, as well as policies to build further buffers in Lebanon’s financial sector. Structural reforms should prioritize reforming the electricity sector, removing impediments to and lowering the cost of doing business, as well as improving governance and reducing corruption.
Dedollarization
DOWNLOAD
FREE 30 Days
Author : Mr.Romain Veyrune
language : en
Publisher: International Monetary Fund
Release Date : 2010-08-01
Dedollarization written by Mr.Romain Veyrune 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 2010-08-01 with Business & Economics categories.
This paper provides a summary of the key policies that encourage dedollarization. It focuses on cases in which the authorities’ intention is to gain greater control of monetary policy and draws on the experiences of countries that have successfully dedollarized. Unlike previous work on the subject, this paper examines both macroeconomic stabilization policies and microeconomic measures, such as prudential regulation of the financial system. This study is also the first attempt to make extensive use of the foreign exchange regulation data reported in the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions. The main conclusion is that durable dedollarization depends on a credible disinflation plan and specific microeconomic measures.
The Lessons Of Lebanon
DOWNLOAD
FREE 30 Days
Author : Samir Makdisi
language : en
Publisher: Bloomsbury Publishing
Release Date : 2004-02-26
The Lessons Of Lebanon written by Samir Makdisi and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-26 with Business & Economics categories.
Since 1945, over 200 intrastate conflicts have taken place in countries that achieved independence from colonial rule after the second world war. The case of Lebanon offers a striking illustration of these interlocking influences on projects of national economic development. The persistently sectarian nature of the country's political institutions, the relatively poor quality of governance, and the major civil war that engulfed the country from 1975 to 1990, together define not only the context in which the achievements and failures of Lebanese development must be assessed, but also the continuing challenges that it must face in the era of globalization. This book offers an in-depth analysis of Lebanese economic development during the second half of the twentieth century with special emphasis on the civil war and its aftermath. Makdisi offers a definitive assessment of the principal phases of national development since Lebanese independence in the 1940s, and a study of those conditions requisite for sustainable development for Lebanon, as for many other developing countries.
Dollarization In Sub Saharan Africa
DOWNLOAD
FREE 30 Days
Author : Mr.Mauro Mecagni
language : en
Publisher: International Monetary Fund
Release Date : 2015-05-15
Dollarization In Sub Saharan Africa written by Mr.Mauro Mecagni 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 2015-05-15 with Business & Economics categories.
Dollarization—the use of foreign currencies as a medium of exchange, store of value, or unit of account—is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been observed in Latin America, parts of Asia, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits—although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade.