Annual Report on Exchange Arrangements and Exchange Restrictions 2015

Author: International Monetary Fund. Monetary and Capital Markets Department

Publisher: International Monetary Fund

ISBN: 1513550004

Category: Social Science

Page: 110

View: 4885

This is the 66th issue of the AREAER. It provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It also provides information on the operation of foreign exchange markets and controls on international trade. It describes controls on capital transactions and measures implemented in the financial sector, including prudential measures. In addition, it reports on exchange measures imposed by member countries for security reasons. A single table provides a snapshot of the exchange and trade systems of all IMF member countries. The Overview describes in detail how the general trend toward foreign exchange liberalization continued during 2014, alongside a strengthening of the financial sector regulatory framework. A Special Topic essay examines the dynamics and evolution of capital flows. The AREAER is available in several formats. The Overview in print and online, and the detailed information for each of the 191 member countries and territories is included on a CD that accompanies the printed Overview and in an online database, AREAER Online. In addition to the information on the exchange and trade system of IMF member countries in 2014, AREAER Online contains historical data published in previous issues of the AREAER. It is searchable by year, country, and category of measure and allows cross country comparisons for time series.

Annual Report on Exchange Arrangements and Exchange Restrictions, 2009

Author: Leonardo Martinez-Diaz,Ruben Lamdany

Publisher: International Monetary Fund

ISBN: 1589068645

Category: Business & Economics

Page: 84

View: 6128

Only the IMF reports regularly on the foreign exchange arrangements, exchange and trade restrictions, and prudential measures of its 186 member countries. Published since 1950, this authoritative, annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for the 186 IMF member countries, along with Hong Kong SAR, Aruba, and the Netherlands Antilles. The Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER) draws together information on exchange measures in place, the structure and setting of exchange rates, arrangements for payments and receipts, procedures for resident and nonresident accounts, mechanisms for import and export payments and receipts, controls on capital transactions, and provisions specific to the financial sector. The data are presented in a clear, easy-to-read tabular format. A summary table allows for simple cross-country comparisons of key features of their exchange and trade regimes. The report's introduction summarizes recent global trends and developments. The 2009 edition will be published as a printed pamphlet containing a CD-ROM with fully searchable text. The presentation of the tables will be consistent with earlier print editions. The printed pamphlet contains a summary of the main changes for each country and is a convenient reference tool.

Annual Report on Exchange Arrangements and Exchange Restrictions 2017

Author: Linda Kean

Publisher: International Monetary Fund

ISBN: 1484350723

Category: Business & Economics

Page: 84

View: 3374

The Annual Report on Exchange Arrangements and Exchange Restrictions has been published by the IMF since 1950. It draws on information available to the IMF from a number of sources, including that provided in the course of official staff visits to member countries, and has been prepared in close consultation with national authorities.

Annual Report on Exchange Arrangements and Exchange Restrictions, 2005

Author: International Monetary Fund (IMF)

Publisher: International Monetary Fund

ISBN: 9781589064379

Category: Business & Economics

Page: 1085

View: 2695

The exchange and trade systems of IMF member countries are presented in this comprehensive volume in a tabular format, which includes coverage of the regulatory framework for capital movements. The information generally relates to 2004 but also covers significant developments in early 2005.

Annual Report on Exchange Arrangements and Exchange Restrictions, 2008

Author: International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

ISBN: 9781589067462

Category:

Page: 1611

View: 9408

Published since 1950, this authoritative, annual reference is based upon a unique IMF database that tracks exchange and trade arrangements for all 185 IMF member countries, along with Hong Kong SAR, Aruba, and the Netherlands Antilles. The Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER) draws together information available to the IMF from a number of sources, including during official IMF staff visits to member countries. There is a separate chapter for each of the 187 countries included, and these are presented in a clear, easy-to-read tabular format. A summary table allows for simple cross-country comparisons of key features of their exchange and trade regimes. The report's introduction summarizes recent global trends and developments. It discusses such topical issues as exchange rate arrangements, current or capital transactions, or prudential regulations. The individual country chapters outline exchange measures in place, the structure and setting of exchange rates, arrangements for payments and receipts, procedures for resident and nonresident accounts, mechanisms for import and export payments and receipts, controls on capital transactions, and provisions specific to the financial sector. A separate section in each chapter lists changes made during 2007 and the first half of 2008. The report now provides more detailed information on the operations of foreign exchange markets and exchange rate mechanisms and better describes the regulatory framework for current and capital account transactions. A free demo of a searchable HTML version of the report will be available online.

Annual Report on Exchange Arrangements and Exchange Restrictions, 2007

Author: N.A

Publisher: INTERNATIONAL MONETARY FUND

ISBN: 9781589066786

Category:

Page: 1426

View: 3632

Only the IMF is officialy responsible for reporting the foreign exchange arrangements, exchange and trade restrictions, and prudential measures of its 185 member countries. This report draws upon information available to the IMF from a number of sources, including data provided in the course of official staff visits to member countries. Published since 1950, this authoritative, annually updated reference is based upon a unique IMF-maintained database that tracks monetary exchange arrangements for each of its 185 members, including historical information, along with entries for Hong Kong SAR (People's Republic of China) and Aruba and Netherlands Antilles (both Kingdom of the Netherlands). An introduction to the volume provides a summary of recent global trends and developments in the areas covered by the publication. It also provides insight into the types of capital controls most frequently used by countries dealing with increased capital inflows. Individual chapters for each member country report exchange measures in place, the structure and setting of exchange rates, arrangements for payments and receipts, procedures for resident and nonresident accounts, mechanisms for import and export payments and receipts, controls on capital transactions, and provisions specific to the financial sector. A separate section in each chapter lists changes made during 2006 and the first half of 2007. Information is presented in a clear, easy-to-read tabular format.

Capital Control Measures: A New Dataset

Author: Andrés Fernández,Mr. Michael W. Klein,Mr. Alessandro Rebucci,Mr. Martin Schindler,Martin Uribe

Publisher: International Monetary Fund

ISBN: 1484333241

Category: Business & Economics

Page: 32

View: 5206

This paper presents a new dataset of capital control restrictions on both inflows and outflows of 10 categories of assets for 100 countries over the period 1995 to 2013. Building on the data in Schindler (2009) and other datasets based on the analysis of the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions (AREAER), this dataset includes additional asset categories, more countries, and a longer time period. The paper discusses in detail the construction of the dataset and characterizes the data with respect to the prevalence and correlation of controls across asset categories and between controls on inflows and controls on outflows, the aggregation of the separate categories into broader indicators, and the comparison of this dataset with other indicators of capital controls.

The Economic Crisis in Social and Institutional Context

Theories, Policies and Exit Strategies

Author: Sebastiano Fadda,Pasquale Tridico

Publisher: Routledge

ISBN: 131761741X

Category: Business & Economics

Page: 226

View: 7323

This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades. The first part of the book provides a theoretical analysis of the crisis. The roots of the ‘great recession’ are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy,and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism. Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework.

Ruling Capital

Emerging Markets and the Reregulation of Cross-Border Finance

Author: Kevin P. Gallagher

Publisher: Cornell University Press

ISBN: 0801454603

Category: Political Science

Page: 232

View: 4705

In Ruling Capital, Kevin P. Gallagher demonstrates how several emerging market and developing countries (EMDs) managed to reregulate cross-border financial flows in the wake of the global financial crisis, despite the political and economic difficulty of doing so at the national level. Gallagher also shows that some EMDs, particularly the BRICS coalition, were able to maintain or expand their sovereignty to regulate cross-border finance under global economic governance institutions. Gallagher combines econometric analysis with in-depth interviews with officials and interest groups in select emerging markets and policymakers at the International Monetary Fund, the World Trade Organization, and the G-20 to explain key characteristics of the global economy. Gallagher develops a theory of countervailing monetary power that shows how emerging markets can counter domestic and international opposition to the regulation of cross-border finance. Although many countries were able to exert countervailing monetary power in the wake of the crisis, such power was not sufficient to stem the magnitude of unstable financial flows that continue to plague the world economy. Drawing on this theory, Gallagher outlines the significant opportunities and obstacles to regulating cross-border finance in the twenty-first century.

International economics

Author: Dennis R. Appleyard,Alfred J. Field,Steven L. Cobb,Steven Cobb

Publisher: McGraw-Hill/Irwin

ISBN: 9780073375670

Category: Business & Economics

Page: 804

View: 870

Appleyard, Field, and Cobb’s International Economics, 6th Edition is an International Economics textbook that offers a consistent level of analysis and treatment of the two main subdivisions of international economics—international trade theory and policy and international monetary theory and policy. Comprehensive and clear, the text helps students move beyond recognition toward an understanding of current and future international events. As with each prior edition, the authors provide current and timely information on the wide variety of international economic phenomena in the 6th Edition. New boxed items were added to cover emerging issues in the global economy. Chapter material was updated to include recent developments in U.S. trade policy, major changes in the European Union, progress in the transition from command to market economies, and special issues related to developing nations. These improvements are designed to help readers both understand and appreciate the growing importance of the global economy in their lives.

Asia and Pacific Bibliography

A Select List of the United Nations ESCAP Library's Accessions on Asia and the Pacific

Author: N.A

Publisher: N.A

ISBN: N.A

Category: Asia

Page: N.A

View: 5640

Wiley CIAexcel Exam Review 2015, Part 2

Internal Audit Practice

Author: S. Rao Vallabhaneni

Publisher: John Wiley & Sons

ISBN: 1119094305

Category: Business & Economics

Page: 528

View: 9810

The CIA exam tests a candidate's knowledge of current internal auditing practices and understanding of internal audit issues, risks, and remedies. Volume 2: Internal Audit Skills corresponds to Part II of the CIA exam, Conducting the Internal Audit Engagement. Wiley CIA Exam Review, Volume 2 covers: Conducting engagements Carrying out specific engagements Monitoring engagement outcomes Fraud knowledge elements Engagement tools.

Morocco: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Morocco

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

ISBN: 1498340296

Category: Business & Economics

Page: 60

View: 3172

This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic stability in a difficult environment, but challenges remain to reduce fiscal and external vulnerabilities, strengthen growth, create jobs, and tackle poverty. Growth slowed in 2014 as a result of a contraction in agricultural activity following an exceptional 2013 crop and weak demand from Europe. However, growth is expected to rebound in 2015 to about 4.4 percent and remain robust in the medium term as external demand and domestic confidence strengthen. Executive Directors have commended the authorities for their strong policy actions, which have reduced economic vulnerabilities.

Kenya

2011 Article IV Consultation, Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Modification of Performance Criteria and Augmentation of Access: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya.

Author: International Monetary Fund

Publisher: International Monetary Fund

ISBN: 1463967233

Category: Business & Economics

Page: 89

View: 3419

This paper discusses key findings of the Second Review for Kenya under the Extended Credit Facility (ECF). Program implementation during the first half of 2011 was in line with the objectives. All quantitative performance criteria and indicative targets for June 2011 have been met. The authorities have requested augmentation of access under the ECF arrangement to deal with the impact of the drought and higher-than-anticipated international prices. They have adopted additional measures to address macroeconomic imbalances.

Republic of Belarus: Fifth Post-Program Monitoring Discussions

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

ISBN: 1484382943

Category: Business & Economics

Page: 63

View: 7307

This paper focuses on Fifth Post-Program Monitoring Discussions with Republic of Belarus. Growth in Belarus has remained slow despite high increases in wages and directed lending. To promote growth, the authorities loosened macroeconomic policies in the first half of the year but then held—and partially reversed—these efforts to contain exchange rate pressures that resurfaced in the summer. Decisive structural reform remains essential to raise potential growth and promote stability beyond the short term. In this context, the authorities’ ongoing engagement with the World Trade Organization, with a view to future accession, is welcome.

Wiley IFRS 2015: Interpretation and Application of International Financial Reporting Standards

Author: PKF International Ltd

Publisher: John Wiley & Sons

ISBN: 1118889533

Category: Business & Economics

Page: 1032

View: 3101

The globally-sourced guide to the latest IFRS, with practical application advice Wiley IFRS 2015 is a complete guide to the latest International Financial Reporting Standards set forth by the International Accounting Standards Board. Written by an international team of experts in global accounting standards, this guide provides detailed information on the latest changes to the IFRS, with comprehensive coverage of IFRIC interpretations and the tools needed to maintain IFRS-compliance. Readers will find clear, concise explanations delineated by topic for easy navigation, designed for both quick reference in-depth study, with practical advice for implementing IFRS in real-life scenarios. The goal of the IASB is to achieve global convergence of accounting standards, reducing preparation costs and facilitating the assessment of business outcomes. The IFRS are a key part of the strategy, simplifying reporting for multinational corporations and the analysts and investors tasked with evaluating results. Wiley IFRS 2015 details the most recent changes to the standards, with expert guidance toward implementation. Readers will: Grasp the underlying framework of the International Financial Reporting Standards Understand how to interpret the standards and apply them in the real world Follow the Disclosure Checklist to verify completeness and IFRS compliance Learn from the experts when implementing IFRS for the first time More and more countries are either adopting IFRS or adapting local standards to align with those set by the IASB. The standards change annually, and failure to stay up to date can affect business strategy and outcomes, especially when working internationally. Wiley IFRS 2015 provides the latest information and expert guidance, helping practitioners match IFRS to real-world practice.

Tunisia: Fourth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director for Tunisia

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

ISBN: 1498399835

Category: Business & Economics

Page: 87

View: 7541

EXECUTIVE SUMMARY Context. On June 7, 2013, the Executive Board approved a 24-month Stand-By Arrangement in an amount equivalent to 400 percent of quota (SDR 1.146 billion or about $1.75 billion). To date, SDR 573 million equivalent to $877 million has been disbursed. The pillars of the program are to: (i) achieve short-term macroeconomic stability; (ii) lay the foundation for stronger and more inclusive growth; and (iii) protect the most vulnerable. Background. Progress in the political transition is leading to increased donor support this year, including from regional partners. On the economic front, growth remains timid, headline inflation has increased, and rising external imbalances have continued to put pressure on foreign reserves. Program implementation has been satisfactory. All quantitative performance criteria have been met. On the structural reform agenda, the authorities have made up for some key delays in areas that include reforming public banks, setting up a household support program, and the tax administration modernization agenda. Program strategy. Prudent fiscal policy, tighter monetary policy, and greater exchange rate flexibility need to be sustained and intensified to contain high external and fiscal deficits, anchor inflationary expectations, and bolster the still lackluster investors’ confidence. Important steps have been taken to strengthen the financial system, notably with the design of public bank restructuring plans, but implementation will be key. Progress on structural reforms—in particular, to improve the business climate—is critical for improving the conditions for private sector-led and inclusive growth. Risks to program implementation are important. Main risks relate to regional and domestic security tensions, setbacks in the political transition, and weaker economic activity in major trading partners. The implementation of program policies will continue to be tested by a difficult social environment and opposition from vested interests. The completion of the fourth review will make SDR 143.25 million (about $220 million) available.