United States 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For The United States
Download United States 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For The United States full books in PDF, epub, and Kindle. Read online free United States 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For The United States ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 92 |
| Release | : 2021-07-22 |
| Genre | : Business & Economics |
| ISBN | : 1513591819 |
The new administration’s policies have put the U.S. economy on a strong footing. An effective vaccine rollout has put the number of new COVID-19 cases on a firmly downward path. At the same time, unprecedented fiscal support is quickly restoring the economy back to full employment and generating positive outward spillovers to the world economy. These efforts have not been costless: the path for public debt is far higher; the current account deficit has grown; and very accommodative financial conditions have led to increased corporate and nonbank leverage and rising valuations across a range of assets. The pandemic continues to weigh heavily on those at the lower end of the income distribution, exposing longstanding inequities in access to quality healthcare and education (many of which have an important gender and racial dimension).
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 62 |
| Release | : 2021-05-25 |
| Genre | : Business & Economics |
| ISBN | : 1513573004 |
The pandemic is inflicting much suffering, which has been met with swift, substantial, and well-coordinated policy responses. The anti-crisis measures have helped preserve jobs, provide liquidity to companies and income support to the vulnerable groups. They averted a larger decline in output and kept unemployment under control. After contracting by 5.5 percent in 2020, real GDP is projected to grow by 3.9 percent in 2021 and 4.5 percent in 2022, as vaccinations help achieve herd immunity. However, risks to the outlook are large and tilted to the downside, given the epidemiological situation.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 81 |
| Release | : 2021-11 |
| Genre | : Business & Economics |
| ISBN | : 1616350938 |
The COVID-19 pandemic and related containment measures have put severe strains on the economy. The economic policy response has been strong and generally appropriate, helping counter the negative effects of the pandemic. Nevertheless, as the international borders remain shut, the economic contraction is likely to deepen in FY2021. A slow recovery is expected for FY2022 driven by a gradual border reopening. The FSM is facing significant medium-term uncertainty, owing to the possible expiration of grants and other assistance provided under the Compact Agreement with the United States. The FSM is also highly vulnerable to climate change-induced natural disasters.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 79 |
| Release | : 2021-05-25 |
| Genre | : Business & Economics |
| ISBN | : 1513572997 |
The economic impact of the pandemic has been much milder than initially foreseen, still the outlook remains challenging. The economy, dominated by financial services, adapted quickly to telework and benefited from unprecedented policy support, both domestically and globally. Uncertainty is unusually high, dominated by the virus dynamics in the short term, with downside risks relating to a sharp rise in global risk premia, deglobalization trends, and changes in international taxation.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 112 |
| Release | : 2021-12-20 |
| Genre | : Business & Economics |
| ISBN | : 1616354887 |
Malawi, a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks, has been severely affected by the pandemic. There are signs of gradual recovery and daily COVID-19 positive cases remain relatively low: real GDP growth in 2021 is projected to pick up to 2.2 percent from 0.9 percent in 2020 helped by a good harvest. However, inflation is expected to increase to 9 percent in 2021 from 8.6 percent in 2020, driven by increases in prices of fuel, fertilizer and food, leaving real per capita growth in the negative region.
| Author | : Ufuk Akcigit |
| Publisher | : International Monetary Fund |
| Total Pages | : 34 |
| Release | : 2021-03-15 |
| Genre | : Business & Economics |
| ISBN | : 1513512080 |
Corporate market power has risen in recent decades, and new estimates in this note suggest that the likely wave of small and medium-sized enterprise bankruptcies from the ongoing pandemic will further strengthen market concentration. Whether and how policymakers should address this issue is hotly debated. This note provides new evidence on the policy relevance of rising market power and highlights possible implications for the design of competition policy frameworks and macroeconomic policies.
| Author | : International Monetary Fund. Asia and Pacific Dept |
| Publisher | : International Monetary Fund |
| Total Pages | : 77 |
| Release | : 2017-08-15 |
| Genre | : Business & Economics |
| ISBN | : 1484314727 |
This Selected Issues paper examines the drivers and prospects for high levels of savings in China. China has one of the highest levels of national savings in the world, which is at the heart of its external and internal imbalances. High and rising household savings have mainly resulted from demographic changes as a result of the one-child policy and the breakdown of the social safety net during the transition from a planned to a market economy. Demographic changes will put downward pressure on national savings. Policy efforts to strengthen the social safety net and reduce income inequality are also needed to reduce savings further and faster and to boost consumption.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 104 |
| Release | : 2021-06-03 |
| Genre | : Business & Economics |
| ISBN | : 1513573020 |
A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on households, businesses, and the financial system. This, together with rigorous containment measures, led to a successful flattening of the infection curve during most of 2020. Nevertheless, the pandemic has taken a large toll on the economy, potentially inducing long-term scarring and increasing inequality.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 83 |
| Release | : 2021-07-28 |
| Genre | : Business & Economics |
| ISBN | : 1513589415 |
The pandemic interrupted a prolonged growth spell that made the Dominican Republic one of the most dynamic economies in the region amid strong growth, macroeconomic stability and improved social outcomes. This built resilience to the shock—including by maintaining access to markets—and allowed a decisive policy response to address the health emergency, support growth, and protect the vulnerable.
| Author | : International Monetary |
| Publisher | : International Monetary Fund |
| Total Pages | : 83 |
| Release | : 2021-07-16 |
| Genre | : Business & Economics |
| ISBN | : 1513586033 |
Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing longer-term challenges. The economy has been severely impacted by the pandemic, but a bold, comprehensive, and coordinated policy package has helped cushion the economic fallout. Following a record contraction in the first half of 2020, activity has rebounded, and growth is projected to strengthen to 6 percent in 2021, underpinned by a recovery in domestic demand and a positive contribution from net exports. The uncertainty surrounding the outlook is larger than usual.
