Books written by International Monetary Fund. Asia and Pacific Dept

Unconventional Monetary Policies - Recent Experiences and Prospects

... Portfolio APP1 (six events) Event Study Joyce et al (2011) Rebalancing 90 bps (Gilt–OIS spread) 100 bps(Gilt ) 80 bps (Gilt–OIS spread) 125 bps(Gilt ) Yes Portfolio Surprise Rebalancing Calibration JAPAN (2001–06) Yes 0-50 bps (3–5 ...

People’s Republic of China: 2018 Article IV Consultation-Press Release; Staff Report; Staff Statement and Statement by the Executive Director for...

初步形成风险评估报告、监管评级、监管强化标准和监管发现问题整改跟踪评估体系等四大非现场监管工具,强化现场与非现场的监管 ... 年 4 月证监会发布了《期货公司风险监管指标管理办法》,组织开展全系统风险监管报表试填报和净资本压力测试,指导中国期货 ...

Japan: Selected Issues

This chapter assesses the macroeconomic implications of automation in a Japan-specific context, taking particular account of its aging and declining population. We find that automation could help compensate for shrinkage of the labor ...

Australia: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia

As of January 22, 2020, 10.4 million hectares have burned in the 2019-20 bushfire season. The area is much larger than in the past episodes of severe bushfires and more than 10 times the size of the 2019 Amazon fires.

New Zealand: Selected Issues

Comparing wealth effects: the stock market versus the housing market. ... 19723 Reserve Bank of New Zealand, 2021a, “Measures for Assessing the sustainability of house prices in New Zealand” Reserve Bank of New Zealand, 2021b, ...

New Zealand: Selected Issues

There has been high quality work done to quantify the infrastructure gap for New Zealand by Oxford Economics on behalf of the Global Infrastructure Hub, drawing on international experiences and local data sources, but recognizing the risk ...

Thailand: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Thailand

Core inflation would remain subdued, though a “dark corner” with unanchored inflation expectations is avoided. Moreover, by preventing further declines in inflation and inflation expectations, aggressive monetary easing can also prevent ...

Vanuatu: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Vanuatu

Eighteen months after Cyclone Pam struck Vanuatu, the economy continues to recover from the cyclone’s extensive damages.

People’s Republic of China—Macao Special Administrative Region: Selected Issues

... Financial Centers Index (GFCI, Z/yen Group, 2021) and structural factors conducive to the development of financial hubs. Hong Kong SAR, Singapore, and the tenth and ninetieth percentiles of the OECD countries are used as benchmarks.

Vanuatu: Staff Report for the 2015 Article IV Consultation and Request for Disbursement Under the Rapid Credit Facility and Purchase...

This accounts for less than 2 percent of total formal sector employment in Vanuatu (IMF, 2002). Overall, it seems that the offshore sector makes only modest contribution to Vanuatu in terms of economic growth, employment and government ...

Vanuatu: 2021 Article IV Consultation -Press Release; Staff Report; and Statement by the Executive Director for Vanuatu

fish production and exports through investment in better offloading, storage, and processing facilities in Vanuatu. This was clearly illustrated in 2020, when there was exponential increase in domestic fish production and fish exports a ...

Australia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Australia

The Sovereign Risk and Debt Sustainability Framework: An Application to Australia1 This box summarizes the results of several tools of the Fund's forthcoming sovereign risk and debt sustainability framework for market access countries, ...

Singapore: Selected Issues

As emphasized in previous studies, value-added in exports plays an important role in trade elasticities. The paper finds evidence that this is indeed the case for Singapore’s export products.

Republic of Korea: Selected Issues

... Estimating the Output Gap in the United States,” IMF Working Paper No. 15/144 (Washington: International Monetary Fund). Alichi, A., O. Bizimana, S. Domit, E. Fernández-Corugedo, D. Laxton, K. Tanyeri, H. Wang, and F. Zhang, 2015, “ ...

People’s Republic of China: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the People’s...

... 不同看法,增扩财政概念与中国的实际做法和官方财政数据并不一致,在许多情况下,将导致外界对中国财政政策立场产生误解。双方产生分歧的主要原因在于对 2014 年之后由地方政府融资平台(LGFV)发行债务的处理方式不同。特别应注意的是,2014 年之后所有由 5.

Solomon Islands: Second Review Under the Standby Credit Facility and Request for a Three-Year Arrangement Under the Extended Credit Facility—Staff...

... Extended Credit Facility—Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and ... tax reforms, which are essential for broadening the tax base, enhancing the transparency of tax collection and promoting ...