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Robert Mundell's pioneering theory of optimum currency areas is revisited, with experts from the IMF, the BIS, the European Investment Bank, academia, European think tanks, and the Bank of Israel looking at its current practical applications, especially in the context of the forthcoming European Economic and Monetary Union (EMU). Robert Mundell himself offers an update to help in assessing the implications and consequences of EMU.

• Sales Rank: #3839641 in eBooks
• Published on: 1997-06-17
• Released on: 1997-06-17
• Format: Kindle eBook

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• Sales Rank: #2442277 in eBooks
• Published on: 1990-03-15
• Released on: 1990-03-15
• Format: Kindle eBook

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This report presents the findings of an evaluation of the effectiveness of IMF interactions with its member countries during the period 2001-08, with special emphasis on 2007-08. It analyzes IMF interactions with its entire membership, broken down into three main country groups: advanced economies, emerging economies, and Poverty Reduction Growth Facility (PRGF)-eligible countries. The report comes at a critical juncture for the international monetary system, when the IMF has adopted a more flexible approach to lending and been given new responsibilities, as well as a major infusion of resources to help members deal with the global financial crisis. It highlights lessons learned from the evaluation that are most relevant to the tasks that lie ahead for the IMF.

• Sales Rank: #3791345 in eBooks
• Published on: 2010-08-30
• Released on: 2010-08-30
• Format: Kindle eBook

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• Sales Rank: #3833681 in eBooks
• Published on: 2011-12-22
• Released on: 2011-12-22
• Format: Kindle eBook

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With growth weakening in many parts of the world and downside risks on the rise, fiscal consolidation remains challenging. However, considerable progress has been made in strengthening fiscal accounts following their sharp deterioration in 2008-09. This issue of the Fiscal Monitor takes stock of this progress, focusing on its size, composition, and implications for employment and social equity. The issue finds that most countries--and especially advanced economies--have made significant headway in rolling back fiscal deficits, but that efforts at controlling debt stocks are taking longer to yield results. The mix of revenue and expenditure policies employed by countries with sizable fiscal consolidation needs has differed, with advanced economies in general relying more on spending retrenchment than emerging markets and low-income countries. Both spending and revenue measures have important implications for employment and social equity, the issue finds, and these implications need to be taken into account if the large consolidation efforts underway are to be sustainable.

• Sales Rank: #3860045 in eBooks
• Published on: 2012-10-08
• Released on: 2012-10-08
• Format: Kindle eBook

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Aging populations. Weather shocks. Scarce water. Globalization. Security threats. Policymakers today confront a number of developments that threaten to burden public budgets for decades to come, or bankrupt some entirely. This book argues that governments need to make policy changes now to take account of the potential fiscal consequences of these developments. After describing how, if at all, analysts, national governments, and international organizations currently address these long-term issues, the book stresses the vital need for a multipronged approach, involving strengthened analyses, greater attention to long-term issues and risk factors in budgeting, and institutional reforms that address the myopic biases of politicians and the public.

• Sales Rank: #2471554 in eBooks
• Published on: 2003-11-05
• Released on: 2003-11-05
• Format: Kindle eBook

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When she learns that her uncle Ike left her a ranch in his will, Blaire Mackenzie travels to Arizona, only to find, to her horror, that the ranch is populated by ostriches, not cows. And, despite her determination to make a good impression on the staff, Blaire can't seem to do anything right. From falling on her face to having her hair pulled by the ostriches, she gives everyone reason to laugh. Ranch manager Burke Dunham finds himself laughing with Blaire one minute and fuming at her the next. He struggles with anger whenever Blaire mentions selling the ranch and moving back to the city. Burke knows how much effort Ike put into building his dream--and wonders why any man would trust that work to a woman. In spite of her rough start, Blaire begins to enjoy the peace and quiet of the desert, and Burke finds himself learning to trust her. Can Blaire find contentment on an ostrich ranch? Can she put a bad relationship behind her and accept her growing love for Burke? Will Burke overcome his past and give his pain to God?

• Sales Rank: #1303026 in eBooks
• Published on: 2013-02-01
• Released on: 2013-02-01
• Format: Kindle eBook

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