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“jonathan d ostry”

Showing 1 - 12 of 25 results for “jonathan d ostry”
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  • Confronting Inequality

    How Societies Can Choose Inclusive Growth

    Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and ... Read more

    $23.09 USD

  • Confronting Inequality

    How Societies Can Choose Inclusive Growth

    Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and ... Read more

    $28.79 USD

  • Primary Surpluses and sustainable Debt Levels in Emerging Market Countries

    Series Book 05 - IMF Policy Discussion Papers
    This paper aims to put some constraints on the way primary surpluses are projected when making assessments of public debt sustainability. Projections should be tied either to the country's historical track record in generating surpluses-if the institutional and other factors accounting for this track record are expected to persist-or to some model that links primary surpluses to their fundamental ... Read more

    $6.79 USD

  • Boosting Fiscal Space

    The Roles of GDP-Linked Debt and Longer Maturities

    Can debt management policy provide a way to increase fiscal space for a given path of primary fiscal balances? This note explores the role of two such policies: issuance of state-contingent debt; and issuance of longer maturity debt. New analytical models determine the debt limit and the default risk under uncertainty, and undertake numerical simulations to gauge the practical significance of the ... Read more

    $10.29 USD

  • Capital Inflows: The Role of Controls

    Series Book 2010 - IMF Staff Position Notes
    With the global economy beginning to emerge from the financial crisis, capital is flowing back to emerging market countries (EMEs). These flows, and capital mobility more generally, allow countries with limited savings to attract financing for productive investment projects, foster the diversification of investment risk, promote intertemporal trade, and contribute to the development of financial ... Read more

    $4.49 USD

  • Inequality and Unsustainable Growth: Two Sides of the Same Coin?

    Series Book 11 - IMF Staff Discussion Notes
    This note raises the IMF’s profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is designed to be more accessible, more policy oriented, and focused squarely on the issue of inequality and the ... Read more

    $4.49 USD

  • Economic Gains From Gender Inclusion

    New Mechanisms, New Evidence

    While progress has been made in increasing female labor force participation (FLFP) in the last 20 years, large gaps remain. The latest Fund research shows that improving gender diversity can result in larger economic gains than previously thought. Indeed, gender diversity brings benefits all its own. Women bring new skills to the workplace. This may reflect social norms and their impact on ... Read more

    $4.49 USD

  • Multilateral Aspects of Managing the Capital Account (EPub)

    Series Book 12 - IMF Staff Discussion Notes
    The financial crisis has again brought home the profound financial linkages across countries, often manifest in highly volatile capital flows. This volatility has prompted interest in possible rules of the road to guide policies in both source and recipient countries. This note discusses the analytical underpinnings, and possible contours, of such rules. While a series of discussion notes have ... Read more

    $4.49 USD

  • When Should Public Debt Be Reduced?

    Series Book 15 - IMF Staff Discussion Notes
    What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries with ample fiscal space (little risk of encountering a fiscal crisis), raising distortive taxes merely ... Read more

    $4.49 USD

  • Japan's Lost Decade: Policies for Economic Revival

    Japan’s weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan’s importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan’s economy out of its recent ... Read more

    $10.79 USD

  • Redistribution, Inequality, and Growth

    Series Book 14 - IMF Staff Discussion Notes
    The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Funds mandate is providing advice that will enable members economies to grow on a sustained basis. But the ... Read more

    $4.49 USD