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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MEFMI Presentation on Collaboration and Capacity Development with ATI and IMF
The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) presented on their collaboration with the African Training Institute (ATI) and the International Monetary Fund (IMF) at the 10th ATI Steering Committee meeting. The collaboration includes joint regional cours
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Decolonising Approach to Policy Impact: Lessons for Research Culture
Engaging with policy in Global South countries and addressing power imbalances and historical complexities is crucial in policy impact and research culture. The Institute for Policy and Engagement at the University of Nottingham focuses on decolonising policies and research practices to promote equi
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Challenges and Progress in Chilean Infrastructure Development
The challenges of Public-Private Partnerships (PPPs) in Chile within the framework of best practices and international standards are discussed, highlighting the need for long-term infrastructure planning and enhanced governance. The 2017 OECD Infrastructure Governance Review identified deficiencies
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Importance of Financial Reporting as a Catalyst for Growth
Financial reporting frameworks such as International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP), and the role of financial statements play a crucial role in enhancing trust in financial information, reducing information asymmetry, promoting investment, faci
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Practical Guide to Writing Policy Briefs for Research Engagement with Policy Makers
Effective communication with policy makers is essential for influencing policy decisions. This practical guide offers advice on creating high-quality policy briefs based on research evidence, providing tools and indicators to measure impact.
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Analysis of Contemporary Macroeconomic Issues in Papua New Guinea
Professor Stephen Howes, Director of Development Policy at Australian National University, presents his personal views on macroeconomic issues in Papua New Guinea. The focus is on the exchange rate regime and its management, excess liquidity, and fiscal policy. Various economic indicators point to c
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MANAGERIAL ECONOMICS
Managerial economics is the application of economic concepts to managerial decision-making. It bridges the gap between economic theory and business practice, helping firms optimize resource allocation and maximize profits. By analyzing microeconomic and macroeconomic factors, managers can make infor
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MacroLab Lite for Introductory Macroeconomics
MacroLab Lite is a simplified macroeconomic modeling tool designed to introduce students to system dynamics. Developed by Professor David Wheat, this tool focuses on basic equations and key structural elements of supply and demand sides. It emphasizes simplicity while covering important economic fac
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Gender Equity and Social Inclusion Policy Overview
This overview highlights the Gender Equity and Social Inclusion (GESI) Policy promoted by the Department of Personnel Management in Papua New Guinea. The policy aims to ensure fair participation of disadvantaged individuals in employment and opportunities, along with social inclusion to realize the
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Expert Strategies for Currency Exchange in 2024
In 2024, expert currency traders are employing advanced strategies like algorithmic trading, sentiment analysis, cross-currency arbitrage, carry trades, and macroeconomic forecasting. By leveraging technology and market insights, these strategies aim to capitalize on opportunities and mitigate risks
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Development of West African Monetary Institute Payment System
The West African Monetary Institute (WAMI) has been instrumental in establishing a payment and settlement system within the West African Monetary Zone (WAMZ). The institute's efforts have focused on promoting cross-border transactions and economic integration among member countries, with the ultimat
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Insight into Greek Real Estate Market Trends and Challenges
This survey conducted by Red Magazine and RICS provides valuable insights into the current outlook of specific real estate market segments in Greece. It discusses the impact of macroeconomic conditions, challenges faced by companies in the real estate sector, important parameters for strategic incor
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The Functions of the IMF: Regulatory, Financial, Consultative
The International Monetary Fund (IMF) has several functions, including regulatory oversight, financial support for member countries facing balance of payments deficits, and providing consultative guidance. These functions are crucial in ensuring stability in the international monetary system. The IM
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Factors Affecting the Price of Ethereum
Explore the key factors influencing Ethereum's price in this comprehensive PDF. Understand how market demand, technological advancements, regulatory changes, and macroeconomic trends impact Ethereum's value. This guide provides valuable insights for
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Overview of Policy Service Node (PSN) Architecture
The Policy Service Node (PSN) architecture consists of various key components such as Policy Administration Node (PAN), Monitoring Node (MnT), Inline Posture Node (IPN), and Multi-Function Node. These components work together to enable efficient policy management and network monitoring within a netw
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Understanding Policy-Making Process for Health Improvement
Policy-making involves defining policy, recognizing its complex nature, identifying windows of opportunity, and framing health issues. The policy-making cycle includes stages like agenda setting, formulation, and implementation. Alignment of problems, policies, and politics is crucial for effective
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Effective Writing and Policy Briefs: Enhancing Impact in Policy-making
A policy brief is a compelling document designed to influence decision-makers by outlining policy alternatives and courses of action. Discover the value of policy briefs, effective characteristics, and strategies for agenda setting and policy formulation in this comprehensive module.
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Understanding Keynesian Consumption and Savings Functions in Macroeconomics
Keynesian consumption function details the relationship between total consumption and gross national income. It emphasizes the stability of aggregate consumption and the marginal propensity to consume. Similarly, Keynesian savings function illustrates the link between savings and national income, hi
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Understanding Theories of the Policy Cycle in Policy Analysis
The policy cycle theory describes the evolution of policy issues from inception to evaluation, impacting scientific research and policy formulation. It outlines stages from the 1950s, influenced by Lasswell's seven-stage model, serving as a framework for organizing policy processes. Despite the line
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National Youth Policy 2030 Presentation to the Portfolio Committee
The National Youth Policy 2030 presentation provides an update on the approved policy, focusing on the youthful population in South Africa and the importance of youth development. The policy aims to address past injustices and current challenges, empowering young people to drive positive change. Pas
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Understanding Public Policy-Making Process in Government
Explore the intricacies of public policy-making in government administration, focusing on the importance of providing equal access to basic services for all citizens. Delve into the nature of public policy, factors influencing policy-making, and the procedural aspects involved, including planning, o
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Understanding Fiscal Policy: A Comprehensive Overview
Fiscal policy involves changes in government spending and taxes to influence macroeconomic objectives like employment, price stability, and economic growth. It includes expansionary and contractionary policies to manage aggregate demand and stabilize the economy. This overview covers types of fiscal
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2018 PNG Economic Survey: Analysis and Recommendations
The 2018 PNG Economic Survey conducted by a team of experts highlights the challenges faced by the non-resource economy in Papua New Guinea. The report emphasizes the need for policy actions to stimulate growth, address foreign exchange shortages, and boost employment. Data indicates a recession in
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Understanding Economic and Monetary Policies in Korea and Worldwide
This course provides an insightful exploration of major policy issues related to money, banking, and financial development globally and in Korea. It covers the goals and conduct of economic and monetary policies, the impact of money on economies, financial stability, and responses to depression and
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Complaints Handling Procedures at Macroeconomic and Financial Management Institute
Effective complaints handling is essential for feedback and improvement in financial services. Learn about the benefits, principles, and responsibilities involved in managing complaints at the Macroeconomic and Financial Management Institute of Eastern and Southern Africa.
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Strategic Programme Plan for 2024 Focused on Economic Development and Sustainability
The proposed programme plan for 2024 outlines strategic tracks including strengthening macroeconomic policy, enhancing resilience through climate action, and boosting the implementation of key initiatives. It aims to support private sector development, regional integration, data and statistics, and
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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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Principles of Fiscal Deficits and Debt Management According to Kalecki
Economist Kalecki advocated for a permanent regime of fiscal deficits to manage public debt, emphasizing the importance of debt management for liquidity in the financial system. His principles involve splitting the government budget into functional and financial parts, each influencing aggregate dem
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Examination of Interim Fiscal Policy Paper for Financial Year 2019-2020
An independent auditor's report on the interim fiscal policy paper laid before the Houses of Parliament, confirming compliance with the requirements of the FAA Act. The report assesses the components, conventions, and assumptions underlying the paper for fiscal responsibility, macroeconomic framewor
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Green Industrial Innovation Policy Making in Europe by Reinilde Veugelers
Shifting economies towards green industrial innovation in Europe is a significant transformation that requires reconciling various objectives like decarbonization, economic growth, job creation, and global competitiveness. The role of innovation in green industrial policy is crucial for delivering n
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Challenges in Policy Implementation and Lessons Learned
The content discusses the challenges faced in policy implementation, focusing on the gap between policy design and execution. It highlights key steps in policy-making, reasons for implementation failures, and factors influencing successful policy outcomes. Examples from Zambia's National Science and
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The Future of the European Semester: Economic Policy Coordination in the EU
The European Semester is a framework for coordinating economic policies in the EU, focusing on fiscal sustainability, macroeconomic imbalances, structural reforms, and investments. The cycle involves key steps at both the EU and national levels, with pros and cons identified in its implementation. T
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Unpacking the RIA Process for Effective Policy Implementation
Delve deeper into the RIA process to understand its technical capacity and policy implications. This group exercise focuses on setting clear objectives, analyzing key policy issues, and creating a mock RIA process template tailored to the Indian context. Participants explore real-world problem-solvi
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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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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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Understanding Policy Pro-cyclicality in Macroeconomic Theory
Delve into the concept of policy pro-cyclicality in macroeconomic theory through the insights shared by Jeffrey Frankel at a seminar at Harvard Economics Department. Explore examples of pro-cyclicality in developing countries, euro periphery countries, and US political scenarios, along with discussi
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Gender Inequality and Macroeconomic Policy
Exploring the differential impacts of macroeconomic structures and policies on gender equality, this analysis delves into issues such as gender-biased access to resources, labor-intensive export orientation, and the effects of inflation targeting. It highlights how women, especially in marginalized
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Compass Commission: Public Policy in Chile Based on Rigorous Scientific Evidence
The Compass Commission, initiated by the Ministry of Planning of Chile in collaboration with J-PAL, aimed to identify social policy challenges in Chile and propose innovative public policies for evaluation through randomized control trials. The initiative involved academic members, international and
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Implementation of Cell Phone Policy to Improve English Grades at Richwoods High School
Implementation of a cell phone policy at Richwoods High School was driven by the need to enhance English grades and academic performance. The policy aims to reduce distractions and disruptions caused by non-academic cell phone use in classrooms. Results from previous semesters showed significant imp
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