with the assistance of the International Monetary Fund Research Department, a sustained $10 per barrel increase in oil prices from $25 to $35 would result in the OECD as a whole losing 0.4% of GDP in the first and second years of higher prices. Inflation would rise by half a percentage point and unemployment would also increase. The OECD imported more than half its oil needs in 2003
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as a result of political instability, a young inexperienced government, and ill-disciplined economic nationalism. However, the New Order administration in the 1960s, brought about a new degree of discipline to economic policy that quickly brought inflation down, managed foreign debt, but more importantly, attracted foreign investment through financial liberalization. As massive inflows of foreign investment poured into the country, problems soon arose with regulation and oversight. These structural
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Renovation (Doimoi) II.1.2 Financial Sector Reforms and Monetary Instruments II.2 Exchange Rate Arrangement during the Period of 1989-1999 Chapter III Exchange Rate as a Policy Tool during the Economic Reform, 1989-1999 III.1 Exchange Rate and Inflation III.2 Exchange Rate and Economic Growth III.3 Exchange Rate and Money Supply Chapter IV The Changes in Output, Prices and Money, and Information Content of Monetary Aggregates and Exchange Rates IV.1 Information Content and Model Specifications
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Assignment Currency Devaluation Introduction Devaluation refers to a decrease in a currency's value. A currency devalues when its value declines in relation to one or more other currencies. It affects the demand for exports and imports. Currency devaluation is evaluated in terms of the foreign exchange rate. Exchange rate is the value between two currencies shows how much one currency is worth in terms of other currency. The depth and intensity of exchange rate volatility and its impact
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INTRODUCTION TO MACROECONOMICS E202 $ ¥ Dr. David A. Dilts Department of Economics Doermer School of Business and Management Sciences Indiana-Purdue University-Fort Wayne June 1, 1993 Revisions: May 1994, December 1995, July 1996, November, 2000, May 2003, May 2006 PREFACE This Course Guide was developed in part because of the high cost of college textbooks, and in part, to help organize students’ studying by providing lecture notes together with the reading assignments. This Guide is
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O C C A S I O N A L PA P E R 178 IMF-Supported Programs in Indonesia, Korea, and Thailand A Preliminary Assessment Timothy Lane, Atish Ghosh, Javier Hamann, Steven Phillips, Marianne Schulze-Ghattas, and Tsidi Tsikata INTERNATIONAL MONETARY FUND Washington DC 1999 © 1999 International Monetary Fund Production: IMF Graphics Section Typesetting: Alicia Etchebarne-Bourdin Cataloging-in-Publication Data IMF-supported programs in Indonesia, Korea, and Thailand : a preliminary assessment
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economy. Unlike in earlier years of Prime Minister Dato’ Seri Najib Tun Razak’s six-and-a-half year tenure, Malaysia’s economy is now seen to be in trouble, with contracting growth, rising inflation, continued high levels of capital flight, declining consumer and investor confidence, and a depreciating currency. Malaysia faces an unfavourable global environment. The slowdown of the Chinese economy, Malaysia’s largest trade partner, has contributed to a sharp decline in Malaysia’s GDP growth. While the
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Global Macro Research Top of Mind November 13, 2014 Issue 29 Is Europe the Next Japan? From the editor: A slowdown in Euro area growth momentum from an already anemic pace, combined with ongoing concerns about deflation risks, has made comparisons with Japan’s so-called “lost decades” Top of Mind. We ask three experts whether the Euro area is set to repeat Japan’s prolonged period of stagnation and deflation: former BOJ Governor Masaaki Shirakawa (unclear, but Euro area recovery requires
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Japan Navigator No.565 RATES Global Markets Research This is a direct translation of the original Japanese report issued on 11 April and reflects data as of that date. 14 April 2014 Research analysts 1: Near-term market environment and investment strategy JGB curve is unlikely to flatten materially further on US factors alone Next week the focus will be on the 5yr and 20yr JGB auctions. As there will be few other domestic factors, the market will remain susceptible to external factors
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Twitter RSS News Malaysia World Money Life Showbiz Opinion Sports Eat/Drink Travel Read Tech/Gadgets Drive Gallery Videos New Toyota Hybrids facebook.com/ToyotaHybridSolution We Want Malaysian Authors www.TraffordPublishing.com.sg/MY Find A Dealer Today to Experience Fuel Efficiency & Improved Mileage. Start Publishing Your Book. Get A Free Book Publishing Guide Now! Last updated Tuesday, October 08, 2013 05:48pm Search Kuala Lumpur 31 °C, Mostly Cloudy Malaysia Now, RON97 petrol
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