Finance & Development, March 2008.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. External Relations Department.

Contributor:

International Monetary Fund, Contributor.

Series:

Finance & Development; Finance & Development ; No. 0045/001

Finance & Development

Language:

English

Subjects (All):

Finance.

Industrial management.

International finance.

Physical Description:

1 online resource (60 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2008.

Language Note:

English

Summary:

Commodity Boom: How Long Will It Last?" asks how economies will fare after the record-high prices of key raw materials posted in recent months, which build on dramatic increases from their lows of 2000. The lead article warns that the impact on headline inflation levels might persist throughout 2008, even without further commodity price hikes. It urges policymakers to ensure efficient functioning of market forces at the global level, and to move swiftly to protect the poorest. Another article addresses the effects of climate change on agriculture, warning that farm production will fall dramatically-especially in developing countries-if steps are not taken to curb carbon emissions. Other articles on this theme argue that policies to reduce greenhouse gas emissions need not hobble economies, and that financial markets can help address climate change. "People in Economics" profiles John Taylor; "Picture This" says the global energy system is on an increasingly unsustainable path; "Country Focus" spotlights South Africa; and "Straight Talk" examines early warnings provided by credit derivatives. Also in this issue, articles examine China's increasing economic engagement with Africa, and the outsourcing of service jobs to other countries.

Contents:

Cover; Contents; DEPARTMENTS; Letters; In Brief; People in Economics; The Quest for Rules; FEATURES; COMMODITY BOOM: HOW LONG WILL IT LAST?; Riding a Wave: Soaring commodity prices may have a lasting impact; Picture This; Global Energy: Increasingly Unsustainable; Climate Change and the Economy: Policies to reduce the emission of greenhouse gases need not hobble the economy; Global Warming and Agriculture: If steps are not taken to curb carbon emissions, agricultural productivity will fall dramatically, especially in developing countries

Paying for Climate Change: Governments must manage the incentives for households and firms to counter and adapt to climate changeThe Greening of Markets: Financial markets can play a valuable role in addressing climate change; Rising Temperatures, Rising Risks: Making development more sustainable will help address climate change; Back to Basics; Exchange Rate Regimes: Fix or Float?; ALSO IN THIS ISSUE; Africa's Burgeoning Ties With China: Maximizing the benefits of China's increasing economic engagement with Africa

Jobs on Another Shore: Outsourcing of service jobs to other countries could affect industrial countries' economies and attitudes toward globalizationBook Reviews; Global Imbalances and the Lessons of Bretton Woods; Russia's Capitalist Revolution: Why Market Reform Succeeded and Democracy Failed; Straight Talk; Country Focus: South Africa

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786612844805

9781462352241

1462352243

9781452798776

145279877X

9781282844803

1282844806

9781451966848

1451966849

9781451922349

1451922345

OCLC:

870245350