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  • 1
    UID:
    almafu_9961205456902883
    Format: 1 online resource (3 pages)
    Series Statement: High-Level Summary Technical Assistance Reports
    Content: This paper presents High-Level Summary Technical Assistance (TA) report on Mongolia Central Bank Communications. The TA report reviews the existing communication framework of Bank of Mongolia (BOM). The analysis focuses on the assessment of the monetary and financial policy communications as well as the evaluation of the internal organization of the BOM’s communication function. The organizational arrangements are reviewed in terms of structure, resources, and procedures. The report also highlights the importance of establishing several pre-conditions for effective central bank communications, which include the presence of sound legal and normative frameworks particularly in relation to the mandate and independence of the central bank. The report identifies several areas where BOM could enhance the effectiveness of its communications. Creating a dedicated well-staffed department in charge of communications and integrating this department into major BOM’s policy actions and flagship reports would significantly strengthen the BOM’s internal organization of communications.
    Additional Edition: ISBN 979-84-00-24394-3
    Additional Edition: ISBN 979-84-00-24401-8
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    UID:
    almafu_9960178640402883
    Format: 1 online resource (21 pages)
    ISBN: 1-5135-5675-4
    Series Statement: IMF Working Papers
    Content: This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the currency allocation in a portfolio of deposits to maximize welfare, in line with Ize and Levy Yeyati (2003). The fall in remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand for foreign currency deposits. We calculate the natural dollarization level by integrating structural macroeconomic characteristics. We show that despite the reduction in deposit dollarization, there is still a gap with respect to the natural level of dollarization, especially in a scenario of (persistent) lower remittance inflows.
    Additional Edition: ISBN 1-5135-5653-3
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 3
    UID:
    edocfu_9960178640402883
    Format: 1 online resource (21 pages)
    ISBN: 1-5135-5675-4
    Series Statement: IMF Working Papers
    Content: This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the currency allocation in a portfolio of deposits to maximize welfare, in line with Ize and Levy Yeyati (2003). The fall in remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand for foreign currency deposits. We calculate the natural dollarization level by integrating structural macroeconomic characteristics. We show that despite the reduction in deposit dollarization, there is still a gap with respect to the natural level of dollarization, especially in a scenario of (persistent) lower remittance inflows.
    Additional Edition: ISBN 1-5135-5653-3
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 4
    UID:
    edocfu_9961205456902883
    Format: 1 online resource (3 pages)
    Series Statement: High-Level Summary Technical Assistance Reports
    Content: This paper presents High-Level Summary Technical Assistance (TA) report on Mongolia Central Bank Communications. The TA report reviews the existing communication framework of Bank of Mongolia (BOM). The analysis focuses on the assessment of the monetary and financial policy communications as well as the evaluation of the internal organization of the BOM’s communication function. The organizational arrangements are reviewed in terms of structure, resources, and procedures. The report also highlights the importance of establishing several pre-conditions for effective central bank communications, which include the presence of sound legal and normative frameworks particularly in relation to the mandate and independence of the central bank. The report identifies several areas where BOM could enhance the effectiveness of its communications. Creating a dedicated well-staffed department in charge of communications and integrating this department into major BOM’s policy actions and flagship reports would significantly strengthen the BOM’s internal organization of communications.
    Additional Edition: ISBN 979-84-00-24394-3
    Additional Edition: ISBN 979-84-00-24401-8
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 5
    UID:
    gbv_1736696815
    Format: 1 Online-Ressource (circa 22 Seiten) , Illustrationen
    ISBN: 9781513556536
    Series Statement: IMF working paper WP/20, 185
    Content: This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the currency allocation in a portfolio of deposits to maximize welfare, in line with Ize and Levy Yeyati (2003). The fall in remittances due to the economic slowdown since the spread of COVID-19 affects the macroeconomic fundamentals that determine demand for foreign currency deposits. We calculate the natural dollarization level by integrating structural macroeconomic characteristics. We show that despite the reduction in deposit dollarization, there is still a gap with respect to the natural level of dollarization, especially in a scenario of (persistent) lower remittance inflows
    Additional Edition: Erscheint auch als Druck-Ausgabe Gondo, Rocio Impact of Remittances on Natural Rate of Dollarization-Trends in Caucasus and Central Asia Washington, D.C. : International Monetary Fund, 2020 ISBN 9781513556536
    Language: English
    Keywords: Graue Literatur
    Author information: Kumar, Manmohan S.
    Library Location Call Number Volume/Issue/Year Availability
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