From the IMF:
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Category Archives: international
Russia to Recession?
From Reuters:
Russia is at risk of recession as investors pull money out of the country, with growth likely to evaporate if capital outflows reach $100 billion, the head of its largest bank, state-owned Sberbank, said on Monday.
Crimes and Punishments
How vulnerable to sanctions — official and market-driven — is Russia?
Guest Contribution: “Regional Trade Agreements with Labor Clauses”
The effects on labor standards and trade
Today we are fortunate to have a guest contribution written by Isao Kamata, Assistant Professor of Public Affairs and Economics at the University of Wisconsin, Madison. This post is based upon this working paper; the paper also circulates as a Research Institute of Economy, Trade and Industry (RIETI) discussion paper.
The Ruble under Stress
Updated 3/4 5PM
Here are some immediate consequences of Russia’s intervention in the Ukraine. From Reuters:
Guest Contribution: “Are Chinese Capital controls still binding and if so, to what end?”
Today we are fortunate to have a guest contribution written by Yin-Wong Cheung, Professor of International Economics at City University Hong Kong, formerly professor at UCSC, and Risto Herrala, economist at the Bank of Finland.
Fed Policy and Emerging Market Economy Vulnerabilities
The recent weakness in emerging market currencies, and implementation of the taper, are sure to be topics of discussion at the G-20 meetings in Australia. While the imminent retrenchment in quantitative/credit easing is responsible for some of the currency movements of late, I’m not sure this is the only way to look at recent events; nor do I think we need see a replay of previous episodes of currency crises in response to US monetary tightening.
Guest Contribution: “The Impact of Exchange Rate Movements on Exports”
An Analysis of Indian Non-Financial Sector Firms
Today we are fortunate to have a guest contribution by Yin-Wong Cheung (HK City University) and Rajeswari Sengupta (Indira Gandhi Institute of Development Research). This post is based on their paper.
So Much for International Monetary Cooperation
From Ted Truman (former director of Int’l Finance at the Fed, former Ass’t Sec. Treasury), at Peterson Institute’s Real Time Economic Issues Watch, yesterday:
The impending congressional adoption this week of a $1.1 trillion appropriations bill has been hailed far and wide as a victory for sorely needed bipartisanship cooperation in Washington. Left out of the legislation, however, was an important but little understood and underappreciated proposal to implement reform at the International Monetary Fund (IMF). …
Guest Contribution: “Understanding the Potential Effects of QE on Gross Financial Flows to Developing Countries”
Today we are fortunate to have a guest contribution written by Jamus Jerome Lim (World Bank), Sanket Mohapatra (World Bank), and Marc Stocker (World Bank). The findings, interpretations, and conclusions expressed in this article are entirely those of the authors. They do not necessarily represent the views of the World Bank, its Executive Directors, or the countries they represent.