Following the rapid accumulation of foreign exchange reserves in recent months, there has been a growing interest in Bangladesh on the alternative uses of its reserves. However, different reserves adequacy measures based on global best practices confirm that its reserves holding is not markedly higher than what is required. The country’s reserves stand higher than the adequate level only when one considers the current account aspects of reserves benchmark which is perhaps appropriate for the country
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Host-Country benefits • Resource-Transfer Effect: FDI can make a positive contribution to a host economy by supplying capital, technology, and management resources that would otherwise not be available and thus boost that country’s economic growth rate. • Employment Effects: FDI brings jobs to a host country that would otherwise not be created there. It may be direct and indirect. When a foreign multinational enterprise employs a number of host-country citizens, direct effects arise. On the
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Thailand’s Financial/Currency Crisis One of the biggest financial crisis’ the world has ever seen was the Asian Financial Crisis of 1997. This financial crisis affected most of East Asia and raised fears of a potential worldwide economic meltdown. The Asian financial crisis called for urgent actions to be taken in order to help the countries that have been affected by the crisis. Thailand was the first country affected by the Asian financial crisis, which is why we chose to do our research on Thailand
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International Monetary Fund | A paper for the course Contemporary Global System | Rexis Jun M. Maamo | Introduction The international monetary system (IMS) had undergone several evolutions ever since international trade relations between states rose to prominence. Realizing the importance of trade relations and interdependence, the international community had established a number of international monetary systems throughout the history, in order to provide formal (rules and decision-making
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from a peso type crisis. No single country can handle a potentially global crisis alone. In addition, the usually slow political processes cannot cope with rapidly changing market conditions. Second, Mexico depended on foreign capital to finance its economic development. Third, pegged exchange rates are often helpful in ending high inflation but become dangerous if they are
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established by an international treaty in 1945 to create a framework for international economic cooperation focusing on balance of payment problems and the stability of currencies. IMF headquarters is in Washington D.C, U.S.A History / establishment of IMF: IMF was founded on 27th December, 1945. During the closing years of world war second, different countries realized that there must be a common International Forum for achieving economy cooperation, promoting International Trade and providing
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Sovereign Wealth Funds comes into spotlight 1) Introduction Sovereign Wealth Funds (SWFs) were almost unseen in the past. Due to the US subprime mortgage debacle, SWFs has been brought into the spotlight. An ever growing number of SWFs worldwide was thought to precipitate tectonic shifts in global equity and foreign exchange markets. Unlike central banks, the SWFs are more likely to invest in emerging nations rather than the developed countries. Stephen Jen, the managing director and chief
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value-creating activities to those markets that offer comparative advantages. If the firm is in a competitive market, it will benefit from international expansion that includes its value-creating activities because of the cost position and product differentiation opportunities such expansion can confer. A firm may be able to survive in a local market without international expansion, as long as the local market is not targeted by competitors who have taken advantage of the economies offered by dispersing
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EKONOMI KERAKYATAN DALAM ERA GLOBALISASI Bahasa: Indonesia Penulis: Mubyarto Judul Jurnal: Jurnal Ekonomi Rakyat Nomor: Th. I - No. 7 - September 2002 Bidang: IlmuEkonomi Kata Kunci: Ekonomi, globalisasi Abstrak Pada waktu itu (1979) kami ajukan ajaran ekonomi alternatif yang kami sebut Ekonomi Pancasila. Mengapa tidak dipakai konsep Ekonomi Pancasila? Ringkasan dan Implikasi Pakar-pakar ekonomi Indonesia yang memperoleh pendidikan ilmu ekonomi “Mazhab
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are facing a possible slowdown in economy growth. With an average rate of 10% a year for the three decades up to 2010 and a growth of 7.4% last year, China's economy growth would slows to 6.8% for this year and 6.3% for 2016, as predicted by the International Monetary Fund (IMF). It is thus interesting to ask the question: what lead to Asian countries decline? To target reasons behind the scene, factors that
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