External Sector Report, 2020 : Global Imbalances and the COVID-19 Crisis.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

External Sector Report; External Sector Report ; No. 2020/001

External Sector Report

Language:

English

Subjects (All):

COVID-19 Pandemic, 2020-2023.

Monetary policy--Econometric models.

Monetary policy.

Physical Description:

1 online resource (114 pages).

Other Title:

External Sector Report, 2020

Place of Publication:

Washington, D.C. : International Monetary Fund, 2020.

Summary:

Produced since 2012, the IMF’s annual External Sector Report analyzes global external developments and provides multilaterally consistent assessments of external positions, including current accounts, real exchange rates, external balance sheets, capital flows, and international reserves, of the world’s largest economies, representing over 90 percent of global GDP. Chapter 1 discusses the evolution of global external positions in 2019, external developments during the COVID-19 crisis, and policy priorities for responding to the crisis and for reducing excess imbalances over the medium term. Chapter 2 analyzes the relationship between the structure of external assets and liabilities—the components of the international investment position—and the risk of external stress events. It also assesses how heightened global risk aversion, as during the COVID-19 crisis, amplifies these risks. Chapter 3, “Individual Economy Assessments,” provides details on the different aspects of the overall external assessment and associated policy recommendations for 30 economies. This year’s report and associated external assessments are based on the latest vintage of the External Balance Assessment (EBA) methodology and on data and IMF staff projections as of July 15, 2020.

Contents:

Front Matter

Chapter 1 External Positions and Policies

Chapter 2 External Stress and the International Investment Position

Chapter 3 2019 Individual Economy Assessments.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781513550343

1513550349