Post-Crisis Fiscal Policy Priorities for the ASEAN-5 - 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 Post-Crisis Fiscal Policy Priorities for the ASEAN-5 write by International Monetary Fund. This book was released on 2010-11-01. Post-Crisis Fiscal Policy Priorities for the ASEAN-5 available in PDF, EPUB and Kindle. This paper focuses on post-crisis fiscal priorities in the ASEAN-5 economies - Indonesia, Malaysia, Philippines, Singapore and Thailand. Sound economic fundamentals and timely and forceful policy responses to the crisis, including fiscal stimulus, contributed to rapid economic recovery in the ASEAN-5. As growth rebounds, these economies are beginning to identify, communicate and implement their strategies for unwinding the fiscal stimulus while addressing long-term growth challenges. In this context, the paper highlights the need for fiscal policies to address infrastructure gaps, stimulate private consumption and expand social safety nets. Creating fiscal space to address these challenges will require raising revenues and reorienting public spending rather than increasing borrowing. Supporting structural reforms, aiming to stimulate private infrastructure investment, could help address long-term growth challenges, while easing the burden on fiscal policy.
Asean-5 Cluster Report
Asean-5 Cluster Report - 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 Asean-5 Cluster Report write by International Monetary Fund. Asia and Pacific Dept. This book was released on 2016-06-30. Asean-5 Cluster Report available in PDF, EPUB and Kindle. This paper examines the evolution of monetary policy frameworks of the Association of Southeast Asian Nations (ASEAN)-5 economies, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policies in advanced economies. Monetary policy frameworks of the ASEAN-5 economies have on the whole performed well since the crisis, delivering both price and financial stability during a period of significant domestic and regional transformation and global macroeconomic and financial turmoil. Not surprisingly, therefore, successful outcomes in most cases entailed significant changes to operating frameworks and refinement of policy objectives.
The ASEAN Way
The ASEAN Way - 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 ASEAN Way write by Ms.Ana Corbacho. This book was released on 2018-10-02. The ASEAN Way available in PDF, EPUB and Kindle. The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies. The second part of the book looks at policy responses to global financial spillovers. The third and last part of the book elaborates on the challenges ahead for monetary policy, financial stability frameworks, and the deepening of financial markets.
Fiscal Policy and Long-Term Growth
Fiscal Policy and Long-Term Growth - 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 Fiscal Policy and Long-Term Growth write by International Monetary Fund. This book was released on 2015-04-20. Fiscal Policy and Long-Term Growth available in PDF, EPUB and Kindle. This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Infrastructure and Income Distribution in ASEAN-5
Infrastructure and Income Distribution in ASEAN-5 - 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 Infrastructure and Income Distribution in ASEAN-5 write by MissDulani Seneviratne. This book was released on 2013-02-11. Infrastructure and Income Distribution in ASEAN-5 available in PDF, EPUB and Kindle. Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between investment and income distribution is weak.
