Understanding Shock Absorption and Fiscal Sustainability in Small Open Economies
This presentation delves into a model of output, prices, public finance, and balance of payments in small open economies. It explores the impact of macroeconomic shocks, fiscal sustainability restoration, and financial stability maintenance. The model sheds light on policy responses to varying econo
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Thailand's Economic Performance and Future Projections: A Detailed Analysis
Thailand has shown impressive growth and poverty reduction over the years, with a significant shift towards sustainable development and inclusive prosperity. The country's economic trajectory, slowdowns amid shocks, and future growth projections highlight key areas for improvement and reform. Struct
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Overcoming Challenges in South Sudan's Oil Economy
South Sudan faces the challenge of transitioning from oil dependence to diversification for sustainable growth. Despite having abundant natural resources, the country is plagued by poverty and limited development progress. The unfulfilled promise of oil, interrupted by various shocks, has hindered e
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Enhancing Agrifood Systems for Resilience Amidst Shocks
Explore how innovations in agrifood systems can bolster human and environmental resilience against various shocks like climate change, conflicts, pandemics, and more. Emphasis is placed on addressing poverty traps, understanding natural vulnerability to shocks, and transforming agrifood systems for
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2023/24 Annual Performance Plan Presentation for Small Business Development Department
The presentation outlines the 2023/24 Annual Performance Plan of the Department of Small Business Development, covering situational analysis, global economic outlook, performance priorities, game-changers program, alignment with economic recovery plans, institutional program performance, key risks a
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Understanding Indirect Methods of Accounting for the Informal Sector
The presentation discusses the significance of the informal sector in the Malagasy economy, its role in providing goods and services, and how it cushions economic shocks. The paper's objectives include valuing the economy, estimating informal sector accounts, and formal and informal employment. Defi
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Understanding Key Concepts in Economic Geography
Economic Geography is a sub-discipline that utilizes a geographical approach to analyze the spatial distribution of economic activities at various scales. It focuses on the location of economic activities and their relationship with the environment, encompassing primary, secondary, and tertiary sect
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Benefits of Local Content Policies for Economic Growth in Zimbabwe
The presentation by the Consumer Council of Zimbabwe highlighted the importance of encouraging consumers to buy Zimbabwean products through local content policies. By promoting indigenisation and economic growth, these policies aim to reduce foreign dependency, create jobs, lower production costs, e
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Assessment of Progress on Regional Integration in Africa: Key Messages and Recommendations
Regional integration in Africa remains vital for economic transformation, with progress and challenges highlighted in a technical report. The African Continental Free Trade Area (AfCFTA) is a significant milestone for boosting trade and market integration on the continent. Efforts are needed to addr
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Economic Impact of COVID-19 Pandemic on Business in Rwanda: VAR Model Analysis
The study investigates the effects of COVID-19 on business start-ups, money supply, lending interest rates, international trade, savings, investments, and economic growth in Rwanda using a VAR model. The research highlights the changes in economic activities due to the pandemic and explores the impa
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Enhancing Trade Potential along Shymkent-Tashkent-Khujand Economic Corridor
Explore the trade potential along the Shymkent-Tashkent-Khujand Economic Corridor, focusing on recent shocks, trends in trade between STKEC economies, composition of trade, and barriers to trade development. Discover how Kazakhstan, Tajikistan, and Uzbekistan are enhancing their economic cooperation
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Fostering Economic Development Through Community Economic Development
Community Economic Development (CED) involves local actions to create economic opportunities improving social conditions, especially for the disadvantaged. It recognizes the interdependence of economic, environmental, and social challenges, emphasizing solutions rooted in local knowledge. The ultima
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Understanding Resilience in Food Security Shocks
Resilience in the context of food security shocks involves the ability of individuals, households, communities, and systems to bounce back and recover from various stressors. This resilience is crucial in regions facing continuous crises like the Horn of Africa and the Sahel, where factors beyond we
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Challenges and Opportunities: Green Economy Impact in Africa and Arab World
The paper presented at the ASSECAA retreat highlights the importance of the green economy in supporting development in Africa and the Arab world amidst the global economic crisis. It discusses challenges such as slow recovery from COVID-19, geopolitical instability, and climate change effects, empha
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Understanding Poverty and Direct Interventions in Economics
The lecture notes explore the issues of persistent poverty due to various shocks and the challenges in eliminating global poverty. It discusses the policy debates surrounding direct interventions, economic arguments, constraints, and targeting strategies. The complexity of poverty eradication throug
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Estimation of Aggregate Demand and Supply Shocks Using Commodity Transaction Data
This study presented at Hitotsubashi-RIETI Workshop analyzes demand and supply shocks using commodity transaction data. By estimating elasticity parameters and examining movements in price and quantity, the research identifies negative supply shocks post-global financial crisis and after 2013. The p
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Globalisation's Impact on Monetary Policy and Central Banking Paradigm
Globalisation has reshaped monetary policy dynamics, influencing inflation pressures and the transmission of shocks across economies. Unconventional monetary policies in small open economies have challenged conventional theories, highlighting the complexity of managing monetary conditions. The inter
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Navigating 25 Years of Euro Area Challenges: From Past Shocks to Future Uncertainties
Explore the journey of the Euro area over 25 years, from past challenges to current uncertainties. Dive into construction investments, real loans to NFC, and insights on Germany and Southern countries. Conclude with valuable observations on the economic landscape.
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Understanding the IS-LM Model for Macroeconomic Analysis
The IS-LM model, discussed in Chapter 12 of Macroeconomics, helps analyze how an economy responds to policy changes and shocks in the short run. By understanding the IS and LM curves and their intersection, we can evaluate short-run macroeconomic outcomes for real interest rates (r) and real output
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Identifying Structural Shocks in Monetary Policy: Insights from Jarocinski and Swanson
Using fat-tailed distributions to identify structural shocks in monetary policy, Jarocinski and Swanson explore the effects of different policy changes such as fed funds rate adjustments, forward guidance, and bond purchases. Their findings align closely with previous research, highlighting the hete
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Analyzing Systemic Climate Risk in the Financial Sector
This study discusses systemic climate risk in the financial sector by examining the effects of climate risks on financial institutions. It aims to design a market-based framework to assess the vulnerability of financial institutions to climate risks and analyze potential contagion effects. The frame
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Enhancing Economic Statistics in Asia-Pacific Region
The Regional Programme on Economic Statistics aims to improve economic statistics in the Asia-Pacific region by enhancing capacity and coordination among National Statistical Offices (NSOs) and other stakeholders. The programme focuses on implementing the Core Set of Economic Statistics to facilitat
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U.S. Monetary Policy Spillovers to Middle East and Central Asia: Shocks and Fundamentals Impact
The research explores the impact of U.S. monetary policy spillovers on the Middle East and Central Asia regions, focusing on shocks and country fundamentals. It examines historical data, model analysis, and the 2022 tightening effects. The study reveals that both contractionary monetary policy shock
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Enhancing Resilience: Key Concepts and Recommendations
Enhancing resilience involves preparing to resist and recover from shocks by addressing civilian, economic, commercial, and military factors. The Resilience Cycle includes phases like Prepare, Absorb, Recover, and Adapt. Baseline Requirements and Societal Resilience play crucial roles in maintaining
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Adaptive Social Protection: Enhancing Resilience to Shocks
Adaptive Social Protection (ASP) aims to empower impoverished households in managing risks posed by various shocks such as natural disasters, pandemics, and conflicts by implementing scalable and responsive social protection mechanisms. The ASP agenda is gaining traction globally and is supported by
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Revisiting Dynamical Properties of Internal Shocks in Astrophysics
This study investigates the dynamical properties of internal shocks in astrophysical phenomena such as gamma-ray bursts. It delves into the rapid variability in X-ray light curves and explores the mechanisms behind colliding plasma shells, providing insights into shock wave interactions and thermody
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Overview of Economic Policy: From Mercantilism to Present-Day Practices
Explore the concept of economic policy and its importance in achieving economic objectives. Delve into the historical debate on state intervention in the economy and major schools of economic theory like Mercantilism. Understand the emergence of economic policies through economic, political, scienti
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Understanding Trade in Value-Added (TiVA) and Global Value Chains
Trade in Value-Added (TiVA) offers crucial insights into the complexities of global value chains and economic globalization. By shifting focus from gross trade statistics to value creation along supply chains, TiVA helps in formulating better policies and addressing systemic risks associated with ma
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Understanding the Effects of U.S. Monetary Policy on International Mutual Fund Investment
This paper discusses the impact of U.S. monetary policy shocks on international mutual fund flows, distinguishing between pure monetary policy shocks and information shocks. It examines how these shocks influence mutual fund investments and explores the differences in reactions to the Federal Reserv
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Understanding Structural Identification in Vector Autoregressions
Explore the algebra of identification problems in VARs, including Cholesky factorization, timing restrictions, long-run impact restrictions, sign restrictions, and identification through heteroskedasticity. Discover why structural identification is crucial for policy design, economic modeling, and u
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Reform and Prosperity in the Monetary Union: A Path to Sustainable Growth
The lecture series highlights the symbiotic relationship between the Monetary Union and economic growth, emphasizing the need for sustainable economic policies at both national and European levels. It discusses the role of Monetary Union in facilitating sustainable development while addressing the c
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Simple and Robust Rules for Monetary Policy Overview
This document discusses the historical background, empirical experience, characteristics of simple rules, robustness, and the comparison between optimal control and simple rules in monetary policy. It explores the evolution of policy rules from Smith and Ricardo to modern approaches, emphasizing the
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Enhancing Resilience to Food Security Shocks in Africa
Enhancing resilience involves anticipating, adapting to, and recovering from hazardous occurrences in a way that protects livelihoods and supports development. Resilience is vital in regions facing continuous crises due to complex interactions of political, economic, social, and environmental factor
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Understanding Societal Resilience in Hybrid Warfare Context
Societal resilience in hybrid warfare involves the ability of individuals, groups, and societies to resist and recover from shocks by combining civilian, economic, commercial, and military factors. It encompasses preparedness, continuity of critical services, resilient resources, and effective commu
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Assessing Macroeconomic Resilience in the Euro Area
This study assesses the determinants of macroeconomic resilience in the Euro area, emphasizing the importance of economic resilience to absorb shocks, promote convergence, and achieve short-term gains like lower unemployment and higher income. The framework includes components such as absorption, re
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Analysis and Forecast of China's Economic Development Trends - Guo Kesha Presentation
The presentation by Guo Kesha at the World Leather Congress in Shanghai delves into the analysis and forecast of China's economic development trends. It discusses whether a new cycle has opened for the Chinese economy, the potential for an L-type growth platform, and initial research on economic tre
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Economic Review and Outlook 2011: Global Trends and Regional Impacts
The Provincial Economic Review and Outlook for 2011 highlighted the global economic performance and outlook, focusing on factors like GDP growth, employment trends, and socio-economic conditions in the Western Cape region. It discussed the recovery in global economic growth post-2009, with the IMF p
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Understanding Electricity: From Static Shocks to Conductors
Delve into the world of electricity, demystifying phenomena like static shocks, sticky socks in dryers, and the science behind lightning and auroras. Explore the properties of charge in atoms, electric forces, Coulomb's Law, conductors vs. non-conductors, and more. Gain insights into volts, amps, oh
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Government Debt Response to COVID-19 Challenges and Solutions
Amid the COVID-19 pandemic, significant debt challenges have emerged, affecting businesses and individuals alike. Income shocks have led to increased levels of indebtedness, particularly among vulnerable groups. The government has responded with various measures such as local authority hardship fund
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Impact of COVID-19 on Intergenerational Economy in Moldova
The analysis highlights the impact of COVID-19 on Moldova's intergenerational economy, discussing contagion channels, domestic and external shocks, and immediate government policy responses. Economic activities vary by age structure, with differing effects on urban and rural populations. The implica
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