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2 edition of How does the global economic environment influence the demand for IMF resources? found in the catalog.

How does the global economic environment influence the demand for IMF resources?

Selim Elekdag

How does the global economic environment influence the demand for IMF resources?

by Selim Elekdag

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  • 24 Currently reading

Published by International Monetary Fund in [Washington, D.C.] .
Written in English

    Subjects:
  • International Monetary Fund.,
  • Economic assistance -- Econometric models,
  • Balance of payments -- Developing countries

  • Edition Notes

    Statementprepared by Selim Elekdağ.
    GenreEconometric models
    SeriesIMF working paper -- WP/06/239
    ContributionsInternational Monetary Fund. Research Dept.
    The Physical Object
    Pagination33 p. :
    Number of Pages33
    ID Numbers
    Open LibraryOL19374072M

    improved quality of life due to economic growth, these gains have not been even, and economic growth usually has negative environmental consequences. According to The World Bank (), the rate at which natural resources, i.e. land, water and air, are being degraded in many countries is. Globalization and its Impacts on the World Economic Development Muhammad Akram Ch.(1), (2) International Monetary Fund, World Trade Organization and World In the present global competitive environment it is a necessary to use the information technology innovatively andFile Size: KB.

      The International Monetary Fund (IMF) is an organization that promotes global financial stability, economic growth, and international trade. The IMF helps member countries facing economic Author: Chris Seabury.   The external business environment consists of economic, political and legal, demographic, social, competitive, global, and technological sectors. Managers must understand how the environment is changing and the impact of those changes on the business. When economic activity is strong, unemployment rates are low, and income levels : Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C.

    Knight, Malcolm & Santaella, Julio A., "Economic determinants of IMF financial arrangements," Journal of Development Economics, Elsevier, vol. 54(2), pages , Elekdag, "How Does the Global Economic Environment Influence the Demand for IMF Resources?," IMF Working Papers 06/, International Monetary Fund. Alex Mourmouras & Anna Ivanova & . Generally it does not involve the bank turning into a mere technical consultancy or imposing on infrastructure projects environmental standards bearing the imprint of pressure from rich nations.


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How does the global economic environment influence the demand for IMF resources? by Selim Elekdag Download PDF EPUB FB2

Changes in global economic conditions significantly affect the probability of a country's demand for Fund resources. A scenario in which the three global factors are adversely shocked from their respective averages by one standard deviation nearly doubles the conditional probability of a SBA.

The main objective of this paper is to quantify the relationship between the global economic environment and the number of Stand-By Arrangements (SBAs). The results suggest that oil prices, world interest rates, and the global business cycle are the most influential indicators that affect the number of SBAs being by: 3.

More critically, the model suggests that even a steady deterioration of the global economic climate would imply increasingly harsher conditions for developing and emerging market countries, which may in turn increase the demand for IMF resources significantly.

Changes in global economic conditions significantly affect the probability of a country's demand for IMF resources. A scenario in which the three global factors are adversely shocked from their respective averages by one standard deviation nearly doubles the conditional probability of an by: 8.

How does the global economic environment influence the demand for IMF resources Saved in: Restrictions on access to electronic version: access available to SOAS staff and students only, using SOAS id and password.

More critically, the model suggests that even a steady deterioration of the global economic climate would imply increasingly harsher conditions for developing and emerging market countries which may in turn significantly increase the demand for IMF resources.

The main objective of this paper is to quantify the relationship between the global economic environment and Stand-By Arrangements (SBAs) with the IMF. The results suggest that oil prices, world interest rates, and the global business cycle are the most influential indicators that affect the number of SBAs being requested.

How Does the Global Economic Environment Influence the Demand for IMF Resources. By Selim Elekdag. Abstract. The main objective of this paper is to quantify the relationship between the global economic environment and the number of Stand-By Arrangements (SBAs).

which may in turn significantly increase the demand for IMF ic Author: Selim Elekdag. () included global economic factors—which was in both cases only a measure of world interest rates.

In this context, this paper builds on the literature by emphasizing the importance of global economic conditions and is also the only study that finds a critical role of oil prices in the demand for IMF financial assistance. Elekdag, Selim,“How Does the Global Economic Environment Influence the Demand for IMF Resources?” IMF Working Paper 06/ ———, and Douglas Laxton,“Understanding the Link Between Oil Prices and the World Economy,” World Economic Outlook, April (Washington: International Monetary Fund), pp.

17– Indirect environmental factors can affect any business by creating changes in societal expectations and government laws and regulations in efforts to protect the environment. For example, inCalifornia citizens voted for a law to ban the use of single-use plastic.

Get this from a library. How does the global economic environment influence the demand for IMF resources?. [Selim Elekdag] -- The main objective of this paper is to quantify the relationship between the global economic environment and the number of Stand-By Arrangements (SBAs).

The results suggest that oil prices, world. IMFBlog is a forum for the views of the International Monetary Fund (IMF) staff and officials on pressing economic and policy issues of the day.

The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board. Vol Issue 4, December ISSN: (Print) X (Online) In this issue (6 articles) OriginalPaper.

Super Cycles in Real Metals Prices. How Does the Global Economic Environment Influence the Demand for IMF Resources. Selim Elekdag, "How Does the Global Economic Environment Influence the Demand for IMF Resources?," IMF Working Papers 06/, International Monetary Fund.

Prasanna Gai & Ashley Taylor, "International Financial Rescues and Debtor-Country Moral Hazard," International Finance, Wiley Blackwell, vol. 7(3), pagesDecember. More than money makes up an economy's economic environment. Natural resources -raw materials now and in the future are important.

If synthetic gold or tobacco were developed or, in the case of the latter, became unfashionable, Zimbabwe's economy would be ruined. Topography may produce two, three or more submarkets in a country.

Economic Conditions Economics / General Economics- Macroeconomics Environmental Economics Exports and Imports Finance Government and Business Industrial Management Industries - Energy Industries - Food Industry Industries - Hospitality Travel and Tourism Industries - Manufacturing Industries - Pharmaceutical and Biotechnology Industries- General.

This is a delicate moment for the global economy. If the downside risks do not materialize and the policy support put in place is effective, global growth should rebound.

If, however, any of the major risks materialize, then the expected recoveries in stressed economies, export-dependent economies, and highly-indebted economies may be derailed. That is why the International Monetary Fund in January projected a pickup in global growth this year and next—to and percent—compared to percent in The improved outlook partly reflects a projected pickup in advanced economy activity—helped by expectations of more expansionary US fiscal policy.

Second, the IMF oversees the economic policies that influence its members’ balance of payments in the presently legalized flexible exchange rate environment.

The goal of this monitoring is to detect early warning signs of any exchange rate or balance of payment problems. of the global economic order of which the leader is a part. A leader naturally supports the global economic infrastructure, thus, through promotion of a rules-based system, contribution to global growth and demand, supply of a global currency and pursuit of market stabilizing behaviour.Superpowers influence the global economy (promoting free trade and capitalism) through a variety of IGOs (World Bank, IMF, WTO, World Economic Forum (WEF)).

TNCs (public and state-led) are dominant economic forces in the global economy and economic and cultural globalisation in terms of technology (patents) and trade patterns. Escalating tensions between the US and its trading partners have made a global trade war more likely.

In addition to the direct effect due to the increase in tariffs, a trade war may also affect GDP via indirect channels, such as a drop in productivity due to uncertainty and changes in the production environment.

Using a multi-country model, this column shows that a global and.