Role of the External Sector in Financial Reform: Renminbi Internationalization and the SDR Basket

2021 ◽  
pp. 223-260
Author(s):  
Barry Eichengreen ◽  
Guangtao Xia
Keyword(s):  
Financial Reform ◽  
External Sector

The impact of foreign direct investment on trade in Pakistan: the moderating role of terrorism

2020 ◽  
Vol 47 (5) ◽  
pp. 1137-1154
Author(s):  
Syed Hasanat Shah ◽  
Hafsa Hasnat ◽  
Delpachitra Sarath
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Trade Deficit ◽  
Method Of Moment ◽  
Content Type ◽  
The Face ◽  
External Sector ◽  
Generalized Method Of Moment ◽  
The Impact

PurposePakistan suffered with the menace of terrorism for long and become a front line state in the “War on Terror”. Terrorism shattered Pakistan economy and rendered her external sector vulnerable to instability and uncertainties.Design/methodology/approachTherefore, using system generalized method of moment (GMM), this paper investigates the impact of foreign direct investment (FDI) on exports, imports and trade deficit in the face of unabated terrorism in Pakistan.FindingsThe findings of the paper suggest that as terrorism in Pakistan increased, FDI contribution to Pakistan exports decreased while FDI contribution to Pakistan imports significantly increased. Terrorism also disrupted the chain of local production and increased Pakistan reliance on imports. Thus terrorism widened Pakistan trade deficit of Pakistan and expose Pakistan to external imbalances.Originality/valueDespite rise in organized acts of terrorism and its adverse impact on various departments of economy, hardly any study bothers to check its impact on trade and investment nexus. This is the first study of its nature that looks deep down to understand how terrorism affects the relation of major economic variables.

Financial activity of the Moscow city Duma during the 1863-1869

2020 ◽  
pp. 155-169
Author(s):  
Anastasiia Aleksandrovna Zuieva
Keyword(s):  
Financial Management ◽  
Statistical Data ◽  
Financial Reform ◽  
Financial Policy ◽  
Effective Work ◽  
Financial Activity ◽  
Management Measures ◽  
Moscow City ◽  
The Subject

The subject of this article is the financial activity of Moscow City Duma during the 1860s. The goal is to reveal administrative decisions of the Duma and its leader A. A. Shcherbatov aimed at improvement of financial policy, repletion and balance the municipal budget. Research methodology is comprised of the following methods: historical and typological that helped to reconstruct the conditions that promoted effective work of the Duma; historical and comparative that allowed assessing the result o reforms  conducted by the Duma based on the situation of municipal economy prior and after their implementation; quantitative for analyzing statistical data of work of the Duma, etc. The conditions are indicated  that enabled successful and effective work of the Moscow City Duma during the 1863-1869. The author systematizes the financial management measures; analyzes the efficiency of financial projects of the Duma; determines the role of city’s mayor A. A. Shcherbatov in elaboration of drafts of financial reform and their implementation.

Statement by the Managing Director on the Independent Evaluation Office Report on IMF Exchange Rate Policy Advice

Policy Papers ◽  
2017 ◽  
Vol 2017 (57) ◽  
Author(s):  
Keyword(s):  
Exchange Rate ◽  
Policy Advice ◽  
Exchange Rate Policy ◽  
Independent Evaluation ◽  
Rate Policy ◽  
External Sector ◽  
The Imf

I would like to thank the Independent Evaluation Office (IEO) for preparing this informative and timely report, which provides an update on the IMF’s progress in its approach to exchange rate policy advice since 2007. I am pleased with its main finding that the IMF has substantially overhauled its approach to exchange rate policy advice, and concur that some issues need our continued attention. I would like to note that management and staff remain fully committed to the role of the External Sector Report (ESR) in Fund surveillance.

The Role of Budget and Financial Reform in Making Government Work Better and Cost Less

1995 ◽  
Vol 15 (1) ◽  
pp. 4-18 ◽  
Author(s):  
Brad Leonard ◽  
Joe Cook ◽  
Jane McNeil
Keyword(s):  
Financial Reform ◽  
Government Work

Towards an Access Paradigm in Innovation Law?

2021 ◽  
Author(s):  
Matthias Leistner
Keyword(s):  
Public Interest ◽  
Future Research ◽  
Free Competition ◽  
Respective Role ◽  
Research Perspectives ◽  
Access Problems ◽  
Access Regulation ◽  
External Sector ◽  
Research And Policy

Abstract The article generally discusses today’s meaning of an access paradigm in innovation law. Starting from concrete examples of access problems, it examines future research perspectives and the respective role of an access paradigm in innovation law. This concerns inter alia the possibility of common principles for public interest exceptions, in particular exceptions in the interest of free competition, throughout the different IP rights, as well as a closer look at the possibility of IP-external, sector-specific access regulation and the principles which should guide such approaches in research and policy.

Thwarted Comparative Advantage, Economic Policy and Industrialization in the Dominican Republic and Trinidad and Tobago

1989 ◽  
Vol 31 (1-2) ◽  
pp. 147-168
Author(s):  
Francisco E. Thoumi
Keyword(s):  
Economic Growth ◽  
Political Economy ◽  
Economic Policy ◽  
Trinidad And Tobago ◽  
Government Policies ◽  
The Political ◽  
Large Fluctuations ◽  
External Sector ◽  
Relative Profitability

Economic growth and government policies in small Caribbean countries have been conditioned (1) by the very large fluctuations in their external sector which continuously change the relative profitability of the various productive sectors of their economies, greatly complicating the macroeconomics management of their economies; (2) by the attempts of their governments to cope with those fluctuations; and (3) by the political economy relations that prevail in those countries, and that determine the nature of government intervention and the role of the private sector.

Sustaining Russia's growth: The role of financial reform

2009 ◽  
Vol 37 (2) ◽  
pp. 198-206 ◽  
Author(s):  
Erik Berglof ◽  
Alexander Lehmann
Keyword(s):  
Financial Reform
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