World Economic Outlook, October 1997

World Economic Outlook, October 1997

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The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staf economists' analyses of global economic developments during the near and medium tem. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.It was precisely this asset substitution to repair capital ratios that has been offered as an explanation for the credit squeeze in the ... capital to cover market risk in their trading books by the end of 1997, as required by the Amendment to the Basle Capital Accord ... aquot;This indicator is suggested by Ben S. Bernanke and Mark Gertler, aquot;Inside the Black Box: The Credit Channel of Monetary Policy Transmission.

Title:World Economic Outlook, October 1997
Author:International Monetary Fund. Research Dept.
Publisher:International Monetary Fund - 1996-10-01


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