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1 - 6 van 6 voor external imbalances
Microsoft Word - cpbdoc46.doc
... 25 3.2 trade prices in us dollars 27 4 external imbalances 29 5 trade consistency check for the aiece area annex ... reduced geopolitical tensions and smaller negative effects of unwinding the financial imbalances of the end of the nineties. due to stronger european ... the yen, 1999-2004 dollar per euro yen per euro external imbalances external imbalances seem to widen further in 2003 and 2004. the huge ...
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Microsoft Word - cpbdoc126.doc
... oil price to 60 per barrel in 2007, from 66 per barrel in 2006. external imbalances increased further in 2006, and the trade deficit of the united states is expected ... risk. 5 imf, world economic outlook, april external imbalances external imbalances persists and are therefore increasing the risk of a confidence shock in the us economy external imbalances further increased in 2005 and 2006, partly ...
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W:\nl\pub\...\bijz47.wp [PFP#730146961]
... density increases, the more economies of scale are likely to be outweighed by negative external effects related to such phenomena as traffic congestion, pollution, and loss of open space, ... negative fiscal impact (see also van ewijk et al., 2000). with respect to labour market imbalances due to demographic trends, the same arguments apply. however, bottlenecks (in particular, with respect ...
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Microsoft Word - CPB Memorandum 143.doc
... as discussed later) or inappropriate regulatory intervention (a government failure). a further potential external effect in system services involves the balancing of the system ensuring that ... imbalances. this response may include potential forced controlled interruption of customers. 22 improving transactions between other market parties. short-term flexibility therefore has a positive external ...
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Microsoft Word - Memorandum AFC.doc
... were considered a turning point in imf strategy, which had traditionally emphasised macroeconomic imbalances rather than structural deficiencies. the reforms focused on taking immediate action to stem ... transparency in government, improving market efficiency and competition, and enhancing the liberalisation of external trade and capital flows. with the deepening of the crisis, reforms in social ...
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Microsoft Word - cpbdoc210.doc
... of systemic risk. we do not discuss macroeconomic policy measures that address 18 macroeconomic imbalances and lax monetary policy, two of the culprits for the abundance of capital that ... contagion and procyclicality is schematically summarized in figure extent that these amplification mechanisms introduce external effects from risk taking, individual banks will take too much risk and invest too ...
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