International Monetary Fund

national economies are becoming interdependent, integrated global economic system. This world is where the amount of goods and services and investment across borders have expanded rapidly than the world output. Even after this significant increase, international institutions such as the World Trade Organisation and leaders of powerful economies across the globe are working towards…

Three Days in December: Resistance within the Ministerial “Seattle” had entered the annals of history before the tear gas faded from the skies over Capitol Hill. Yet, on the morning of December 1, as the national news programs were showing scenes of mayhem from the previous night, delegates arrived for the ministerial ensconced within a city effectively under martial law. Curfew had been imposed, the main streets were patrolled by phalanxes of National Guardsmen, and activists that marched…

Globalization is the gasoline on the fire of development and global connections. The connections that have been made both physically and structurally between many countries, corporations and individuals have created our current cross-national world. The United states is a perfect example of cultural imperialists and investors of many global networks and governments. Those alliances and transactions have built our markets and supplied our lifestyles. I believe that globalization will change how…

The Mexican economy was hit hard by the global financial crisis. Mexico had a high economic dependence on the United States around the time of the global financial crisis as a result of the North American Free Trade Agreement. Consequently, when the global financial crisis hit the United States economy there was a heavy impact on the Mexican economy as well. Mexico’s economy was very vulnerable to fluctuation in the United States economy and relied heavily on the United States as an export…

1. The International hotel market 1.1 What is Internationalisation? Internationalization is going something overseas on a continual basis. dunning & McQueen (1982) defined internationalisation as “Internationalisation is taken to mean any form of transaction by an enterprise outside its national boundaries, in which assets, rights or goods are transferred and there is some continuing de facto control over the use of these and, or complementary indigenous resources.” 1.2.…

At the beginning of the period, the price of Computers, Inc. divided by the industry index was 0.39; by the end of the period, the ratio had increased to 0.50. As the ratio increased over the period, it appears that Computers, Inc. outperformed other firms in its industry. The overall trend, therefore, indicates relative strength, although some fluctuation existed during the period, with the ratio falling to a low point of 0.33 on day 19. 18. Five day moving averages: Days 1 – 5: (19.63 + 20 +…

Following the events of the latest financial crisis, the interest of media, public and investors towards the behavior and management of companies has seen a steady increase. Nowadays, companies are not judged solely on their financial performance but also on activities affecting a wider range of stakeholders. The set of activities under scrutiny by this research revolves around Environmental, Social and Governance practices and their effect on returns. Theoretically speaking, such activities are…

International Monetary System Member of the IMF The International Monetary Fund (IMF) was conceived at a United Nations (UN) conference in Bretton Woods, New Hampshire, in 1944. The IMF’s primary responsibility is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. Created in 1945, the IMF is governed by and accountable to the 188 countries that make up its…

The Federal Open Market Committee (FOMC) has the responsibility of determining the direction of the monetary policy through open market operations. FOMC is a branch of the Federal Reserve (The Fed) Board which consists of a board of governors composing of seven members and five Reserve Bank presidents. The President of each bank serves a one year term while the President of the Federal Reserve Bank of New York serves continuously. To ensure fair representation across all locations President…

structural model (NEMO), but this model is primarily suited for medium term analysis of the effects of monetary policy on the macroeconomy. Norges Bank’s forecasts for the first few quarters are largely based on current statistics, information from Norges Bank’s regional network and forecasts obtained from a number of short-term statistical and econometric models. The published projections in the monetary policy reports are the result of an overall assessment based on both models and judgment.…