Macroeconomic Impacts of the 2008–09 Crisis in Europe

2013 ◽  
Keyword(s):  
Macroeconomic Impacts

IMF Stabilization Programs, Policy Conduct and Macroeconomic Outcomes: A Case Study of Pakistan

2006 ◽  
Vol 11 (1) ◽  
pp. 35-62
Author(s):  
Nawaz A. Hakro ◽  
Wadho Waqar Ahmed
Keyword(s):  
Current Account ◽  
Inflation Rate ◽  
Current Account Balance ◽  
Macroeconomic Policies ◽  
Explanatory Variables ◽  
Fiscal Balance ◽  
Macroeconomic Impacts ◽  
The Individual ◽  
The Imf

This study is designed to assess the macroeconomic performance of fund-supported programs, and the sequencing and ordering of macroeconomic policies in the context of the Pakistan economy. The generalized evaluation estimator technique has been used to assess the macroeconomic impacts of the IMF supported programs. GDP growth, inflation rate, current account balance, fiscal balance and unemployment are used as the target variables in order to gauge economic performance during the program years. The vector of policy variables (that might have been adopted in the absence of programs) and the vector of foreign exogenous variables are also taken as explanatory variables in the model, so that the individual effect of the IMF supported programs could be assessed. The result suggests that as the IMF prescriptions were applied, the current account balance has worsened, the unemployment rate has significantly increased, and the inflation rate has increased during the years of fund-supported programs. Only the budget balance has shown signs of improvement. Furthermore an inadequate sequencing of reforms has contributed to the further worsening of the economic scenario during the program period.

scholarly journals Macroeconomic Impacts of Climate Change Driven by Changes in Crop Yields

2018 ◽  
Vol 10 (10) ◽  
pp. 3673 ◽  
Author(s):  
Shinichiro Fujimori ◽  
Toshichika Iizumi ◽  
Tomoko Hasegawa ◽  
Jun’ya Takakura ◽  
Kiyoshi Takahashi ◽  
...  
Keyword(s):  
Climate Change ◽  
Land Use ◽  
Population Size ◽  
Large Population ◽  
Food Prices ◽  
Production Volume ◽  
Total Uncertainty ◽  
Indicator Value ◽  
Macroeconomic Impacts ◽  
Macroeconomic Indicator

Changes in agricultural yields due to climate change will affect land use, agricultural production volume, and food prices as well as macroeconomic indicators, such as GDP, which is important as it enables one to compare climate change impacts across multiple sectors. This study considered five key uncertainty factors and estimated macroeconomic impacts due to crop yield changes using a novel integrated assessment framework. The five factors are (1) land-use change (or yield aggregation method based on spatially explicit information), (2) the amplitude of the CO2 fertilization effect, (3) the use of different climate models, (4) socioeconomic assumptions and (5) the level of mitigation stringency. We found that their global impacts on the macroeconomic indicator value were 0.02–0.06% of GDP in 2100. However, the impacts on the agricultural sector varied greatly by socioeconomic assumption. The relative contributions of these factors to the total uncertainty in the projected macroeconomic indicator value were greater in a pessimistic world scenario characterized by a large population size, low income, and low yield development than in an optimistic scenario characterized by a small population size, high income, and high yield development (0.00%).

scholarly journals Tracing Macroeconomic Impacts of Individual Behavioral Changes through Model Integration

2018 ◽  
Vol 51 (5) ◽  
pp. 96-101 ◽  
Author(s):  
Leila Niamir ◽  
Olga Ivanova ◽  
Tatiana Filatova ◽  
Alexey Voinov
Keyword(s):  
Behavioral Changes ◽  
Model Integration ◽  
Macroeconomic Impacts

scholarly journals MACROECONOMIC ASPECTS OF PUBLIC-PRIVATE PARTNERSHIP

TEME ◽  
2021 ◽  
pp. 367
Author(s):  
Aleksandar Đorđević ◽  
Biljana Rakić
Keyword(s):  
National Economy ◽  
Risk Sharing ◽  
Economic Benefits ◽  
Public Private Partnership ◽  
Potential Contribution ◽  
Public And Private ◽  
Private Partnership ◽  
Macroeconomic Impacts ◽  
Financing Infrastructure ◽  
Benefits And Costs

Public-private partnership (PPP) has been getting momentum in market economies since the 1990s. Originally, it was created as a way of financing infrastructure projects, but its application since then has covered areas such as education, healthcare, high technology and many others. As the bulk of research in the domain of PPP is on the microeconomic impact and the analysis of the success of concrete PPP projects, the aim of this paper is to integrate these findings into a broader framework depicting macroeconomic aspects of public-private partnership. The existing literature, although not as extensive, points to several aspects that may affect economic development on the local, regional, and national levels, with greater adoption of PPP projects and their implementation. The paper introduces explanations for the elements of risk sharing between public and private partners, economic benefits, and costs in PPP, as well as the specific PPP channels of influence on the national economy and the PPP system dynamic model. One of the objectives is the analysis of the existing concept for estimating macroeconomic impacts of PPP, which could be used for evaluating its potential contribution to the growth and development of the national economy. 

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