Functions of IMF IMF performs the following functions. (i) Providing short terms credit to member countries for meeting temporary difficulties due to adverse balance of payments. (ii) Reconciling conflicting claims of member countries. (iii) Providing a reservoir of currencies of member-countries and enabling members to bor row on another’s currency. (iv) Promoting orderly adjustment of exchange rates. (v) Advising member countries on economic‚ monetary and technical matters. Resources IMF is a
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habit. As disposable income and living standard increase‚ consumption of goods and services correspondingly rise‚ as does the amount of waste we generate. T Hong Kong’s daily per capita domestic waste generation rate is high when compared to cities in Asia at stages of economic development similar to ours. Since the mid-1990s‚ a number of leading Asian cities have achieved very good results in waste reduction. Their experience tells us that Hong Kong can do very much better if we take coordinated
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What do you think is unethical? The countrywide approved everyone to get their loans‚ no matter they have jobs or not‚ no matter they have income or not‚ no matter they have assets or not. The criteria they use may be unethical. They don’t care whether the documents are valid‚ whether they can verify the income‚ whether the appraisal is any good. They just care about getting the loan closed‚ in order to do another loan. The underwriters/ contractors looked through the loan as quick as they can.
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role of government policy in reducing unemployment and inflation. In your discussion make use of the diagrammatic representation of the macroeconomy developed in lectures in Term 2 | Unemployment and inflation are factors that have negative effects on the performance of the economy as a whole. Therefore‚ policies to achieve low and stable price inflation‚ a high and stable level of employment are big macroeconomics issues of our time. This essay focuses on discussing the role of government policy
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(A) Do you think you are addicted to Facebook? What are the signs which show a person is addicted to Facebook? Give reasons to support your view. Yes I am addicted to Facebook. The signs that shows a person that is addicted to Facebook is when he/she is constantly thinking about Facebook‚ like always updating his/hers statuses‚ always talk about the topics that he/she saw from Facebook or constantly checking his/her phone for Facebook updates. Another sign of Facebook addiction is when he/she
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Western nations should not impose their standards on developing countries If we think about what is the West‚ what answers do we get? The West is the sunset‚ all that were born in the East is died in the West‚ the West is the darkness and the East is the light. And the paradox is that despite of all for historical reasons humanity used to think in terms of the West‚ takes cue from the West. What are the causes of Western predominance‚ what allows the West to dictate one’s terms to the rest of
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Trade Policy * Introduction * Definition * Types * Arguments for Free trade * Arguments against Free trade * Arguments for Protectionism * Arguments against Protectionism * Free Trade versus Protectionism * Conclusion * Bibliography | | Introduction Trade policy is a collection of rules and regulations which pertain to trade. Every nation has some form of trade policy in place‚ with public officials formulating the policy which they think would be most appropriate for
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The research of Chinese monetary policy influenced on real estate market I. Introduction Literature Review (an overview of relevant concepts and theories) A. Real estate and housing market. 1. The concept of real estate 2. Housing market B. Basic principles of monetary policy and its effects. 1. The effectiveness of monetary policy 2. Principles of the transmission mechanism of monetary policy 3. The analysis of monetary policy plays a crucial role in the housing market II. Methodology
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Fiscal and Monetary policy- The response of global economic crisis especially in EU Introduction Monetary and fiscal authorities across the globe have responded quickly and decisively to these extraordinary developments. In particular‚ against the background of rapidly receding inflationary pressures and risks‚ the Euro system has taken monetary policy and liquidity management measures that were unprecedented in nature‚ scope and timing. Since
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Unit 5: Fiscal Policy and Budget Deficits Fiscal and monetary policies are the two major tools available to policy makers to alter total demand‚ output‚ and employment. This feature will focus on fiscal policy‚ what it is and its potential and limitations as a tool with which to promote economic stability and strong growth. What is Fiscal Policy? When the supply of money is economic constant‚ government expenditures must be financed by either taxes or borrowing. Fiscal policy involves the use
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