Imported Food Price Shocks and Socio-Political Instability: Do Fiscal Policy and Remittances Matter?

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Release : 2020-11-13
Genre : Business & Economics
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Book Rating : 219/5 ( reviews)

Imported Food Price Shocks and Socio-Political Instability: Do Fiscal Policy and Remittances Matter? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Imported Food Price Shocks and Socio-Political Instability: Do Fiscal Policy and Remittances Matter? write by Carine Meyimdjui. This book was released on 2020-11-13. Imported Food Price Shocks and Socio-Political Instability: Do Fiscal Policy and Remittances Matter? available in PDF, EPUB and Kindle. Using a panel of 101 low- and middle-income countries with data covering the period 1980-2012, this paper applies various econometric approaches that deal with endogeneity issues to assess the impact of food price shocks on socio-political instability once fiscal policy and remittances have been accounted for. It focuses on import prices to reflect the vulnerability of importer countries / net-buyer households to food price shocks. The paper finds that import food price shocks strongly increase the likelihood of socio-political instability. This effect is greater in countries with lower levels of private credit and income per capita. On the other hand, while remittances seem to dampen the adverse effect of import food price shocks on socio-political instability in almost all countries, the mitigating role of fiscal policy is significant only in countries with low-levels of private credit.

Macroeconomic Consequences of Remittances

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Release : 2008-03-11
Genre : Business & Economics
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Book Rating : 255/5 ( reviews)

Macroeconomic Consequences of Remittances - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Macroeconomic Consequences of Remittances write by Connel Fullenkamp. This book was released on 2008-03-11. Macroeconomic Consequences of Remittances available in PDF, EPUB and Kindle. Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses the two main issues of interest to policymakers with regard to remittances--how to manage their macroeconomic effects, and how to harness their development potential--by reporting the results of the first global study of the comprehensive macroeconomic effects of remittances on recipient economies. In broad terms, the findings of this paper tend to confirm the main benefit cited in the microeconomic literature: remittances improve households' welfare by lifting families out of poverty and insuring them against income shocks. The findings also yield a number of important caveats and policy considerations, however, that have largely been overlooked. The main challenge for policymakers in countries that receive significant flows of remittances is to design policies that promote remittances and increase their benefits while mitigating adverse side effects. Getting these policy prescriptions correct early on is imperative. Globalization and the aging of developed economy populations will ensure that demand for migrant workers remains robust for years to come. Hence, the volume of remittances likely will continue to grow, and with it, the challenge of unlocking the maximum societal benefit from these transfers.

The Global Social Crisis

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Release : 2011
Genre : Business & Economics
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The Global Social Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Global Social Crisis write by United Nations. This book was released on 2011. The Global Social Crisis available in PDF, EPUB and Kindle. During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent. This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission.

Global Trends 2040

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Release : 2021-03
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Book Rating : 973/5 ( reviews)

Global Trends 2040 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Trends 2040 write by National Intelligence Council. This book was released on 2021-03. Global Trends 2040 available in PDF, EPUB and Kindle. "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

World Economic Outlook, September 2011

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Release : 2011-09-20
Genre : Business & Economics
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Book Rating : 199/5 ( reviews)

World Economic Outlook, September 2011 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook World Economic Outlook, September 2011 write by International Monetary Fund. Research Dept.. This book was released on 2011-09-20. World Economic Outlook, September 2011 available in PDF, EPUB and Kindle. The September 2011 edition of the World Economic Outlook assesses the prospects for the global economy, which is now in a dangerous new phase. Global activity has weakened and become more uneven, confidence has fallen sharply recently, and downside risks are growing. Against a backdrop of unresolved structural fragilities, a barrage of shocks hit the international economy this year, including the devastating Japanese earthquake and tsunami, unrest in some oil-producing countries, and the major financial turbulence in the euro area. Two of the forces now shaping the global economy are high and rising commodity prices and the need for many economies to address large budget deficits. Chapter 3 examines the inflationary effects of commodity price movements and the appropriate monetary policy response. Chapter 4 explores the implications of efforts by advanced economies to restore fiscal sustainability and by emerging and developing economies to tighten fiscal policy to rebuild fiscal policy room and in some cases to restrain overheating pressures.