Posted on May 20, 2012 by iMFdirect
The IMF’s well written Finance & Development
magazine has recently published two helpful online compilations of articles that may be useful to students and those interested in economic issues. They are rich collections of material that are totally free!!
1. Back to Basics
— explaining some fundamental concepts in Economics and Finance
- listen to regular audio podcasts with leading experts on development issues around the world–or download from iTunes.
- and get free a neat new ipad app for IMF news and data–it lets you chart and view global economic indicators and forecasts
Filed under: Africa, Asia, Civil Society, Debt Relief, Economic Crisis, Economic outlook, Economic research, Emerging Markets, Employment, Europe, Finance, Financial Crisis, G-20, Global Governance, growth, IMF, Inequality, International Monetary Fund, Investment, Latin America, LICs, Low-income countries, Middle East, Multilateral Cooperation, Politics, Public debt | Tagged: Back to Basics, compilation, Finance & Development. F&D, G+, Google+, IMF Survey online, interviews, iTunes, news, Nobel Prize, People in Economics, podcasts, profiles, research | 1 Comment »
Posted on May 17, 2012 by iMFdirect
By Anoop Singh
(Version in 中文)
Here’s the good news: thanks to relatively strong fundamentals and good policies, Asian economies have coped well with the global market turbulence of recent years. Now the bad: a major financial shock—say, of type ignited by the bankruptcy of U.S. investment bank Lehman Brothers in 2008—is likely to have a substantial impact on Asia. The reason: Asia’s increasing financial interconnectedness.
Over the past two decades—in line with the region’s growing role in the global economy—Asia’s equity markets have become increasingly sensitive to global financial developments. More specifically, we have discovered that equity returns in Asia generally now move in tandem with those in systemic economies. (By systemic economies, we are talking here about those countries—such as the United States and the United Kingdom which are home to major, global, financial centers such as Wall Street and the City of London.)
How do we measure that degree of financial interconnectedness? Or put another way, how do we measure the relationship—if any—between those Asian equity returns and the performance of systemic economies?
Filed under: Advanced Economies, Asia, Economic research, Europe, Financial Crisis, Globalization, International Monetary Fund, Investment, Politics | Tagged: Anoop Singh, bankruptcy, betas, China, East Asia, Hong Kong, iMFdirect blog, interconnectedness, Lehman Brothers, macroeconomic policy, research, Singapore, stocks, systemic | 2 Comments »
Posted on June 3, 2011 by iMFdirect
By Olivier Blanchard
(Version in Español)
Last week I travelled to Rio de Janeiro in Brazil to participate in a conference on managing capital flows. Organized jointly by the Brazilian authorities and the IMF, the conference brought together experts from both the demand and supply sides of the issue, including many with a wealth of hands-on experience.
The discussion was rich and informative. Clearly we still have a lot to learn about the optimal approach to managing capital flows, about the right policy tools, and the right combination of tools.
To start with two general, but important observations. (more…)
Filed under: Emerging Markets, growth, IMF, Latin America | Tagged: capital account, capital controls, capital flows, Chile, China, emerging markets, foreign exchange, global crisis, Macroeconomic policies, research | 6 Comments »