Monetary Policy in Vietnam: Alternatives to Inflation Targeting Le Anh Tu Packard (tu.packard@gmail.com) Fifth Draft July 2007 Paper prepared for the Political Economy Research Institute (PERI) at the University of Massachusetts‚ Amherst with support from the United Nations Department of Economic and Social Affairs (UNDESA). Earlier versions of this paper were presented to the May 2005 CEDES/Amherst Research Conference in Buenos Aires and the July 2005 Da Nang Symposium on Continuing Renovation
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INTERNATIONAL FINNACE: International Finance is an area of financial economics that deals with monetary interactions between two or more countries‚ concerning itself with topics such as currency exchange rates‚ international monetary systems‚ foreign direct investment‚ and issues of international financial management including political risk and foreign exchange risk inherent in managing multinational corporations. OR International finance is the branch of economics that studies the dynamics of
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Monetary Policy v/s Fiscal Policy The Great Recession which set in 2007-08 claimed several victims on its way. The consideration of major central banks’ attitude of ‘Too-big-to-fail’ looked docile. The whimsical products were nothing but masks to cover risks. Rating agencies lost their reputation. Central banks of developed countries which were entrusted with monetary policies‚ were the most pitiable victims. They seemed to be working like a computer program where all that one has to do is to change
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Monetary Policy vs. Fiscal Policy People always struggled with an idea of prosperity and success‚ whether it was a personal goal or whether it was something major - like wealth of a country. Nowadays‚ we are studying a science‚ which is really significant and valuable - Economics. Economics is a tool for achieving those goals‚ knowledge that people can use and imply in real life‚ and at the present time probably undividable part of governments’ performances around the world. For us‚ students‚ there
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Ideas for Non-Monetary Employee Recognition Promotion * If you want to give your employee a very meaningful non-monetary employee recognition gift‚ give him a promotion. The promotion does not have to be significant or associated with a raise--it could simply be a promotion by name only. If possible‚ give the employee more responsibility or supervisory privileges over a person or group as a reward for his past efforts. The possibility for future promotions of this nature that will move him up
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It may also include time and talents‚ but the bulk of this research will focus on monetary giving. A quick review of the people who gave in the book of Genesis reveals the following. God received and was glorified through the sacrifices of many. The example of Abel and Cain show they gave from what they were personally responsible. Abel’s gift showed faith in action through gratitude by giving his first and fattest. The example of Abraham showed his homage to Melchizedek. It also showed without
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development of a nation. For instance‚ a stable financial system accommodates the flow of funds between investors and savers. However an instable financial system occurs when there’s a disruption in this process causing a distortion in the real economy. In this globalised era‚ there are various financial institutions due to the advancement in technology and discoveries. According to the RBA‚ there are three main types of financial system in Australia. They are; authorized deposit taking institutes
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Abstract Monetary policy is the program of action undertaken by monetary authorities to control and regulate the supply of money and the flow of credit to the public with a view to achieving pre-determined macroeconomic objectives. The objectives of monetary policy are the same as those of macroeconomic policy‚ which include: Maintain a high growth rate High rate of employment Stabilization of prices‚ output and employment Ensure equity in income distribution Balance of payments equilibrium
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International liquidity. External debt. 1. International Liquidity: concept‚ structure optimization. International Liquidity has different meanings in international economic relations‚ in a limited sense‚ reflect the ability of international liquidity to finance the balance of payments deficit on account of foreign currency cash and other assets held by the monetary authority (central bank) of a country. More broadly‚ international liquidity is the ability of the country (or group of countries)
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other countries after World War II‚ hundreds of dollars returned in the form of purchases of U.S. goods and services. The primary plan after World War II used to rebuild and reinvigorate war ravaged countries was the: A) Eisenhower Plan B) Marshall Plan C) Bradley Plan D) Roosevelt Plan E) Truman Plan 3. With respect to international trade‚ MNC stands for: A) Municipal‚ National‚ and County districts B) Multilateral
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