The International Monetary Fund

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The International Monetary Fund Name State Representative of Votes Meg Lundsager United States of America United States of America 371,743 Daniel Heath Daisuke Kotegawa Japan Japan 133,378 Hiromi Yamoaka Klaus D. Stein Germany Germany 130,332 Stephan von Stenglin Ambroise Fayolle France France 107,635 Benoit Claveranne Alex Gibbs United Kingdom of G.B. and N.I. United Kingdom of G.B. and N.I. 107,635 Jenns Larsen Willy Kiekens Belgium Austria, Belarus, Belgium, Czech Republic, 113,969 Johann Prader Austria Hungary, Kazakhstan, Luxembourg, Age F.P. Bakker Netherlands Armenia, Bosnia and Herzegovina, 105,412 Yuriy G. Yakusha Ukraine Bulgaria, Croatia, Cyprus, Georgia, Israel, Jose A. Rojas Venezuela Costa Rica, El Salvador, Guatemala, 98,659 Ramon Guzman Spain Honduras, Mexico, Nicaragua, Spain, Arrigo Sadun Italy Albania, Greece, Italy, Malta, Portugal, San 90,968 Miranda Xafa Greece Marino, Timor-Leste Richard Murray Australia Australia, Kiribati, Korea, Marshall Islands, 85,360 Wilhemina C. Mañalac Philippines Micronesia, Mongolia, New Zealand, Palau, GE Huayong China, P.R. of China, P.R. of 81,151 HE Jianxiong Jonathan Fried Canada Antigua and Barbuda, Bahamas, Barbados, 80,636 Peter Charleton Ireland Belize, Canada, Dominica, Grenada, Jens Henriksson Sweden Denmark, Estonia, Finland, Iceland, Latvia, 76,276 Jarle Bergo Norway Lithuania, Norway, Sweden A. Shakour Shaalan Egypt Bahrain, Egypt, Iraq, Jordan, Kuwait, 70,852 Samir El-Khouri Lebanon Lebanon, Libya, Maldives, Oman, Qatar, Abdallah S. Alazzaz Saudi Arabia Saudi Arabia 70,105 Ahmed Al Nassar Perry Warjiyo Indonesia Brunei, Cambodia, Fiji, Indonesia, Laos, 69,019 Chantavam Sucharitakul Thailand Malaysia, Myanmar, Nepal, Singapore, Peter Gakunu Kenya Angola, Botswana, Burundi, Eritrea, 65,221 Samuel Itam Sierra Leone Ethiopia, Gambia, Kenya, Lesotho, Malawi, Thomas Moser Switzerland Azerbaijan, Kyrgyzstan, Poland, Serbia, 61,827 Andrzej Raczko Poland Switzerland, Tajikistan, Turkmenistan, Aleksei V. Mozhin Russian Federation Russian Federation 59,704 Andrei Lushin Mohammad Jafar Mojarrad Iran, I.R. of Afghanistan, Algeria, Ghana, Iran, Morocco, 53,662 Mohammed Dairi Morocco Pakistan, Tunisia Paulo Nogueira Batista, Jr. Brazil Brazil, Colombia, Dominican Republic, 53,634 Maria Ines Agudelo Colombia Ecuador, Guyana, Haiti, Panama, Suriname, Adarsh Kishore India Bangladesh, Bhutan, India, Sri Lanka 52,112 K.G.D.D. Dheerasinghe Sri Lanka Javier Silva-Ruete Peru Argentina, Bolivia, Chile, Paraguay, Peru, 43,395 Hector R. Torres Argentina Uruguay Laurean W. Rutayisire Rwanda Benin, Burkina Faso, Cameroon, Cape 30,749 Kossi Assimaidou Togo Verde, Central African Republic, Chad, .

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O Robert Mundell Και Το Βραβείο Nobel Στα Οικονομικά
SAE./No.178/April 2021 Studies in Applied Economics ROBERT MUNDELL, 1932-2021: AHEAD OF HIS TIME Miranda Xafa Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise Robert Mundell, 1932-2021: Ahead of his Time By Miranda Xafa About the Series The Studies in Applied Economics series is under the general direction of Professor Steve H. Hanke, Founder and Co-Director of the Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise ([email protected]). About the Author Miranda Xafa started her career at the International Monetary Fund in Washington in 1980 and moved on to senior positions in government and in the financial sector. In 1991-93 she served as chief economic advisor to Prime Minister Constantin Mitsotakis in Athens, and subsequently worked as a financial market strategist at Salomon Brothers and Citigroup in London. After serving as a member of the IMF’s Executive Board in 2004-09, she is now a senior scholar at the Centre for International Governance Innovation (CIGI). She holds a Ph.D. in Economics from the University of Pennsylvania and has taught economics at the University of Pennsylvania and Princeton University. 1 I met Bob Mundell in Washington in 1982, when I was already working at the International Monetary Fund, at a conference on the international monetary system. My first impression was the absolute confidence with which he expressed his views. When one of the participants in his panel claimed that the data did not confirm his views, he responded: "If the data do not confirm my views, then the data are wrong." I had the chance to follow his life and career, and to participate in the conferences he organized and chaired in the last two decades in his beloved Palazzo Mundell in Tuscany where he lived.
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The Role of the IMF in the Global Financial Crisis
The Role of the IMF in the Global Financial Crisis Miranda Xafa Hellenic Bank Association June 2009 1 I.I. EconomicEconomic andand financialfinancial developmentsdevelopments GlobalGlobal economyeconomy facesfaces itsits mostmost severesevere recessionrecession 2 sincesince WWIIWWII Real GDP Growth (Annual percent change) 10 Emerging and Developing economies 8 World 6 4 2 Advanced economies 0 -2 -4 1970 80 90 2000 10 3 Global outlook deteriorated sharply since October 08; modest turnaround expected with policy stimulus WEO Real GDP Growth Projections (In percent change from a year earlier) U.S. Euro Japan China India World 2009 (Apr. 09) -2.8 -4.2 -6.2 6.5 4.5 -1.3 2009 (Oct. 08) -0.7 -0.5 -0.2 8.5 6.3 2.2 Change -2.1 -1.5 -6.0 -2.0 -1.8 -3.5 2010 (Apr. 09) 0.0 -0.4 0.5 7.5 5.6 1.9 2010 (Oct. 08) 1.5 0.9 1.1 9.5 6.8 3.8 Change -1.5 -1.5 -0.6 -2.0 -1.2 -1.9 Source: IMF, World Economic Outlook, April 2009 Update. 4 Heightened uncertainty a defining feature of the crisis VIX and Standard Deviation of Forecasts (in percent) 1.2 70 VIX Index 60 1.0 (RHS) 50 0.8 U.S. Consensus Forecasts (STDEV; following 40 year; LHS) 0.6 30 0.4 20 0.2 10 Gulf Asian Crisis LTCM 9/11 War I Apr. 09 0.0 0 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 TentativeTentative signssigns ofof stabilizationstabilization emergedemerged 5 inin AprilApril--MayMay 2009...2009..
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Hellenic Link–Midwest a Scientific and Cultural Link with Greece Ελληνικοσ Επιστημονικοσ Και Πολιτιστικοσ Συνδεσμοσ P.O
HELLENIC LINK–MIDWEST A SCIENTIFIC AND CULTURAL LINK WITH GREECE ΕΛΛΗΝΙΚΟΣ ΕΠΙΣΤΗΜΟΝΙΚΟΣ ΚΑΙ ΠΟΛΙΤΙΣΤΙΚΟΣ ΣΥΝΔΕΣΜΟΣ P.O. Box 3, Park Ridge, IL 60068-0003 Phone 630-790-2939 www.helleniclinkmidwest.org Hellenic Link Midwest on FaceBook Greece: Recovering from Two Debt Crises and a Pandemic On Sunday, November 15, Hellenic Link–Midwest presents Dr. Miranda Xafa in an online lecture titled "Greece: Recovering from Two Debt Crises and a Pandemic”. Please note that this lecture will start at 2:00 pm U.S. Central Time. This lecture is supported by the Hellenic Foundation, Chicago. The support of the Foundation is greatly appreciated. Please click Savvas Koktzoglou the link below to join the webinar: President Constantine Tzanos https://us02web.zoom.us/j/84171967132 Vice President Angelo Dalageorgas The Webinar ID is 841 7196 7132. Further Information on how to join this Treasurer lecture is shown on page 2. Thomas Mantzakides Recording Secretary The crisis that hit Greece in the aftermath of the 2008-2009 Global Financial Crisis Stefanos Sakellarides Corresponding Secretary ended a debt-financed consumer boom and triggered a deep recession. After two EU/IMF-funded adjustment programs and a massive debt restructuring in 2012, the Greek economy returned to growth and re-accessed capital markets in 2014. The disastrous negotiations with creditors conducted by the SYRIZA government in 2015 Committees set back the adjustment effort and resulted in a third bailout agreement. With Greece Membership Committee and its creditors aligned in their desire to avoid a fourth bailout, Greece achieved a Program Committee Dinner Dance Committee smooth exit from the program in August 2018, even though growth-enhancing reforms Scholarship Committee were not fully implemented.
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Study on the financial sector in Greece during the economic adjustment programmes: 2010-2018 Final Report Written by Oskar Andruszkiewicz and Juliette Mathis (ICF), Charu Wilkinson (ICF Associate), Michalis Vassiliadis, Peppas Konstantinos and George Gatopoulos (IOBE) June 2020 EUROPEAN COMMISSION Directorate-General for Economic and Financial Affairs Directorate L — Treasury and financial operations Unit L.2 — Treasury and Asset Management Contact: Ludmila Nola E-mail: [email protected] European Commission Europe Direct is a service to help you find answers to your questions about the European Union. Freephone number (*): 00 800 6 7 8 9 10 11 (*) The information given is free, as are most calls (though some operators, phone boxes or hotels may charge you). LEGAL NOTICE The information and views set out in this study are those of the authors and do not necessarily reflect the official opinion of the European Commission. The European Commission does not guarantee the accuracy of the data included in this study. Neither the European Commission nor any person acting on the European Commission’s behalf may be held responsible for the use which may be made of the information contained therein. More information on the European Union is available on the Internet (http://www.europa.eu). Luxembourg: Publications Office of the European Union, 2020. PDF ISBN 978-92-76-22204-0 doi: 10.2765/403158 KC-02-20-737-EN-N © European Union, 2020 Reproduction is authorised provided the source is acknowledged. For any use or reproduction of material that is not under the EU copyright, permission must be sought directly from the copyright holders.
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Greece: Recovering from Two Debt Crises and by the Hellenic Foundation, Chicago
HELLENIC LINK–MIDWEST Newsletter A CULTURAL AND SCIENTIFIC LINK WITH GREECE No. 112 October–November 2020 EDITORS: Constantine Tzanos, S. Sakellarides http://www.helleniclinkmidwest.org P.O. Box 3, Park Ridge, IL 60068-0003 Upcoming Events Iliou as historical advisor in several documentaries including “The Journey: the Greek Dream in America” and “Smyrna The Contributions of Greeks of Egypt to 1922–the Destruction of a Cosmopolitan City.” Their most Homeland and Adopted Country recent film, “Athens Between East and West, 1821-1896” On Sunday, October 18, 2020, at 3:00 pm, Hellenic Link– which is the first of a five-part series, premiered in February Midwest presents professor Alexander Kitroeff in an online 2020 at the Benaki Museum in Athens. lecture titled "The Contributions of Greeks of Egypt to Homeland and Adopted Country”. This lecture is supported Greece: Recovering from Two Debt Crises and by the Hellenic Foundation, Chicago. The support of the a Pandemic Foundation is greatly appreciated. Because of the pandemic, On Sunday, November 15, Hellenic Link–Midwest presents this lecture will be delivered online. Information on how to Dr. Miranda Xafa in an online lecture titled "Greece: join the lecture will be provided separately by email and Recovering from Two Debt Crises and a Pandemic”. Please regular mail. note that this lecture will start at 2:00 pm U.S. Central From the early nineteenth century through to the 1960s, the Time. This lecture is supported by the Hellenic Foundation, Greeks formed the largest, most economically powerful, and Chicago. The support of the Foundation is greatly geographically and socially diverse of all European appreciated.
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Miranda Xafa Stylized Facts
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1 Reforms and Collective Action in a Clientelist Party System: Greece
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Life After Debt the Greek PSI and Its Aftermath
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Hellenic Observatory
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European Banking Union, Three Years on Miranda Xafa
CIGI PAPERS NO. 73 — JUNE 2015 EUROPEAN BANKING UNION, THREE YEARS ON MIRANDA XAFA EUROPEAN BANKING UNION, THREE YEARS ON Miranda Xafa Copyright © 2015 by the Centre for International Governance Innovation The opinions expressed in this publication are those of the author and do not necessarily reflect the views of the Centre for International Governance Innovation or its Board of Directors. This work is licensed under a Creative Commons Attribution — Non-commercial — No Derivatives License. To view this license, visit (www.creativecommons.org/ licenses/by-nc-nd/3.0/). For re-use or distribution, please include this copyright notice. 67 Erb Street West Waterloo, Ontario N2L 6C2 Canada tel +1 519 885 2444 fax +1 519 885 5450 www.cigionline.org TABLE OF CONTENTS iv About the Project iv About the Author 1 Acronyms 1 Executive Summary 2 Introduction 2 The Vicious Circle between Banks and Sovereigns 3 Financial Fragmentation 4 Rationale for Banking Union 6 The Legal Foundation of Banking Union 7 Structure of the European Banking Institutions 7 The “Comprehensive Assessment” 8 Monetary Policy Initiatives to Reverse Fragmentation 9 Bail-in Rules 10 The “Ins” and “Outs” of Banking Union 10 Concluding Remarks 14 Works Cited 16 About CIGI 16 CIGI Masthead CIGI PAPERS NO. 73 — JUNE 2015 ABOUT THE PROJECT ABOUT THE AUTHOR The Central Banking and International Financial Regulation project is part of CIGI’s Global Economy Program. It analyzes the implications of domestic policies on global monetary and financial stability and the prospects for coordination and cooperation in the international regime. The 2008 financial crisis produced major changes in monetary and financial regulatory practice.
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