The International Monetary Fund (IMF), as said in their official website, claims to promote macroeconomic stability and to reduce poverty by giving aid to country members, especially developing nations, facing economic difficulties. It does this by providing advice on jobs and growth, debt sustainability, and financial systems, and work on fiscal policy and employment amongst many. In its annual report for 2013, the IMF presents the wide-array of programs they offer and also addressed the problem of how in a globalized world, lagging policy momentum can affect all. ... The IMF said that its "...

• Word Count: 1443
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

The government establishes policies in order to smoothen the fluctuations including monetary policies or fiscal policies. Monetary policies are to influence the interest rates, and supply of money. Fiscal policies influence resource allocation, redistribution of income, and stabilising the economy. ...

• Word Count: 750
• Approx Pages: 3
• Grade Level: Undergraduate

The new policies primarily concern bank liquidity, capital, and corporate structure. ... In order to respond to the debt crisis, European Union embraced the need to strengthen the policy coordination between its member states in 2011. ... This package made the prevailing Stability growth and Pact (SGP) stronger, especially in the fiscal policy area. ... The council has also promised to progress rapidly towards a union of banking in order to combat the fragmentation of financial markets; this fragmentation inhibits adequate monetary policy transmission and bank lending. ... New structures of go...

• Word Count: 785
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The paper focuses on dollarization of the monetary sector, and in particular on holdings asset by residents of foreign currency deposits. The paper acknowledges, however, dollarization of monetary assets popularly is part of a big process of financial market integration. ... The downside of dollarization is that the country gives up its right to influence its own monetary policy by adjusting the money supply.... This suggestion is exerted by then-president Carlos Menem of Argentina in 1999, is to rescue difficulties with monetary and exchange rate policy as an efficient solution to its long hi...

• Word Count: 3668
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

Hong Kong Government's fiscal policy had been conservative and had accumulated huge surpluses prior to 1997. ... Also, Exchange Fund papers, which were intended as a substitute for treasury bonds, form Hong Kong's monetary base and are monetary aggregates in nature, and were mostly held by financial institutions for their liquidity management. Such yields indicated prevailing monetary conditions more than commercial borrowing rates. ... Even with the emergence of huge fiscal deficit these years, the government is inclined to tap the fiscal reserve and to set goals in achieving budget...

• Word Count: 1396
• Approx Pages: 6
• Grade Level: Undergraduate