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Financial integration generates macroeconomic spillovers that may require international monetary policy coordination. We show that individual central banks may set nominal interest rates too low or too high relative to the cooperative outcome. We identify three sufficient statistics that determine whether the Nash equilibrium exhibits under-tightening or over-tightening: the output gap, sectoral differences in labor intensity, and the trade balance response to changes in nominal rates. Independently of the shocks hitting the economy, we find that under-tightening is possible during economic expansions or contractions. For large shocks, the gains from coordination can be substantial. [ABSTRACT FROM AUTHOR]

A country report for Caribbean Latin American countries, including Guyana and Dominican Republic, is presented from publisher Business Monitor International, with topics including increase in net exports; recovery in tourist arrivals; and economic expansion projects.

The article discusses how the Bureau of Labor Statistics collects monthly data on job openings, new hires, and job separations through the JOLTS survey, emphasizing specific criteria for defining job openings. Trends show that job openings rise during economic expansions, reaching over 12 million in March 2022, reflecting potential mismatches between job seekers and employers or a general shortage of available workers despite increased opportunities.

This paper reviews literature on the empirical relationship between vulnerabilities in the financial system and the macroeconomy, and how monetary policy affects that connection. Financial vulnerabilities build up over time, with both risk appetite and risk taking rising during economic expansions. To some extent, financial crises are predictable and have severe real economic consequences when they occur. Empirically it is difficult to link monetary policy to financial vulnerabilities, in part because financial cycles have long durations, making it difficult to separate effects of changes in monetary policy from other business cycle effects. [ABSTRACT FROM AUTHOR]

He noted that the country needs to transform the lives of people living in rural areas, improve health outcomes and enhance nutritional standards to become a developed nation by 2047 [ABSTRACT FROM AUTHOR]

Physical Rubber prices ruled flat on Friday, due to lack of directional cues in the market. Demand outlook remains subdued with the wilting economic growth concerns in China, the world's largest buyer. However, mounting supply concerns, with the Heavy rainfall, triggered by super typhoon Yagi, in the key Southeast Asian production areas checked the losses.Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 229/ kg and Rs 226/ kg, respectively. [Extracted from the article]

Copper futures experienced a decline on Wednesday due to a decrease in job openings in the United States in July. The number of available positions was lower than expected, with a decline from June's figures. Additionally, concerns about weaker global economic growth have also impacted copper demand. Investors are awaiting the US payrolls report for potential insights into the Federal Reserve's interest rate decisions. Copper futures for September delivery settled at $4.0195 a pound on the New York Mercantile Exchange, while copper on the London Metal Exchange saw a slight increase. [Extracted from the article]

He stressed that the success of the scheme depends on the collaborative efforts of all stakeholders, including the government, businesses, and workers [ABSTRACT FROM AUTHOR]

With a modest current account deficit, India relies on global capital flows, but India has one of the brightest global economic growth prospects [ABSTRACT FROM AUTHOR]

The RBI had projected a growth rate of 7.1 per cent for the April-June quarter of this fiscal [ABSTRACT FROM AUTHOR]

With this expansion, it aims to bring its expertise in micro-lending to Andhra Pradesh, fostering economic growth and development in the state [ABSTRACT FROM AUTHOR]

Copper futures is trading higher on Monday as the weak US dollar makes American commodities more attractive to foreign buyers. Copper prices improved further by a decline in exchange inventories. However, some gains were limited by concerns about demand outlook and recession fears as US economic growth slows.Copper futures for September delivery gained by $0.0325 or 0.79% at $4.1355 a pound on the Comex metals division of New York Mercantile Exchange. [Extracted from the article]

Nageswaran also said inflationary pressure is under control, and core inflation is running well below 4 per cent [ABSTRACT FROM AUTHOR]

The government has released its growth strategy for the Amrit Kaal, which focuses on six key areas to promote economic progress and sustainability. These areas include increasing private sector investment, prioritizing the growth of Micro, Small, and Medium Enterprises (MSMEs), unlocking the potential of agriculture as a growth driver, securing financing for India's green transition, addressing the education-employment gap, and enhancing the capacity of state institutions. The strategy recognizes the significant role of these areas in driving economic growth and aims to remove policy impediments to facilitate their development. [Extracted from the article]

This investment underscores SCML's commitment to upgrade innovative solutions that bridge the financial gap and promote economic growth in underserved regions [ABSTRACT FROM AUTHOR]

Economic growth and poverty decline create a dynamic climate that requires nimble social protection programmes [ABSTRACT FROM AUTHOR]

Copyright of OECD Environment Working Papers is the property of Organisation for Economic Cooperation & Development and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

It said India's economic growth continues to surprise on the upside with the economy growing 8.2 per cent in fiscal year 2023-24 [ABSTRACT FROM AUTHOR]

CII President Sanjiv Puri said a lot of policy interventions in the past have put the economy on a much stronger wicket [ABSTRACT FROM AUTHOR]

Healthy economic growth and buoyant residential demand across housing segments in the top six cities will lead to 10-12% growth in residential realty demand this fiscal [ABSTRACT FROM AUTHOR]

It also expects policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth [ABSTRACT FROM AUTHOR]

With the global economy showing signs of recovery and easing inflationary pressures, India is well-positioned to achieve robust growth [ABSTRACT FROM AUTHOR]

According to IMD, below-normal monsoon rainfall predicted in northeast India, normal in northwest, and above normal in central and south peninsular India [ABSTRACT FROM AUTHOR]

The projection in January for India's GDP growth for 2025 remains unchanged at 6.6 per cent in the latest assessment of the economic situation [ABSTRACT FROM AUTHOR]

It said strong credit demand fuelled by robust economic growth will support the NBFCs profitability [ABSTRACT FROM AUTHOR]

During 2023-24, the economy is likely to record a growth rate of near 8 per cent on account of good performance of manufacturing and infrastructure sectors [ABSTRACT FROM AUTHOR]

On the price front, input cost inflation receded at both manufacturing companies and their services counterparts [ABSTRACT FROM AUTHOR]

Average economic growth in the developing Asia-Pacific region picked up from 3.5 per cent in 2022 to 4.8 per cent in 2023 [ABSTRACT FROM AUTHOR]

Besides, he said external demand improved in February with exports registering double digit expansion [ABSTRACT FROM AUTHOR]

The article analyzes both long-term and recent trends for U.S. job openings, hires, quits, and layoffs as measured by the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS) at the national and sector level. It mentions layoffs reached the highest recorded value in the history of the JOLTS series and quits decreased substantially. It also mentions rising with economic expansion and falling during recessions and declining layoffs.

Copyright of OECD Environment Working Papers is the property of Organisation for Economic Cooperation & Development and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

He said Prime Minister Narendra Modi worked hard over the past 10 years to make India a friendly place for businesses, so investment is coming in [ABSTRACT FROM AUTHOR]

The National Statistical Office has projected 8.4 per cent growth in the October-December quarter of the FY24 [ABSTRACT FROM AUTHOR]

The manufacturing sector's output grew by 11.6 per cent compared to a contraction of 4.8 per cent in the year-ago period [ABSTRACT FROM AUTHOR]

The headline HSBC Flash India Composite PMI Output Index rose from a final reading of 61.2 in January to 61.5 in February [ABSTRACT FROM AUTHOR]

World economic growth is expected to ease from 3.1 per cent in 2023 to 2.9 per cent this year, better than the 2.7 per cent projected in the November outlook [ABSTRACT FROM AUTHOR]

The Russia-Ukraine war, the Isreal-Hamas conflict and the Red Sea crisis have disrupted the global supply chains [ABSTRACT FROM AUTHOR]

The IMF said that with disinflation and steady growth, the risks to global growth are broadly balanced and there is a possibility of a 'soft landing' [ABSTRACT FROM AUTHOR]

Pant said economic growth is being driven by government expenditure and such high level of capex year after year poses risks to fiscal deficit and debt, which in turn will keep interest rates elevated [ABSTRACT FROM AUTHOR]

The outlooks for the banking sectors in India and Indonesia, as well as APAC emerging markets as a whole, move to improving in 2024, partly reflecting the robust economic backdrop [ABSTRACT FROM AUTHOR]

A country report for Latin America is presented from publisher Fitch Solutions Group Ltd., with topics including economic expansion in El Salvador, capital expenditure in Panama, and presidential race in Guatemala.

A country report for India is presented from publisher IHS Markit Ltd., with topics including economic development, business forecast and political structure.

A country report for China and North East Asia is presented from publisher Fitch Solutions, with topics including economic expansion, China trade dispute with the U.S., and Taiwan's diplomatic allies.

The article focuses on the current economic expansion is the longest in recorded U.S. history. It mentions the economy cannot grow faster than its trend or potential growth rate, which is determined by how quickly labor, the capital stock, and productivity grow; and also mentions that economic growth is a core measure of economic progress and well-being.

India will be among the world's fastest-growing countries, with resilient GDP growth of 6.5 per cent during the fiscal 2024-25 [ABSTRACT FROM AUTHOR]

The CEA pointed out that in terms of instilling confidence in the private corporate sector, the government in 2019 reduced the corporate tax rate [ABSTRACT FROM AUTHOR]

If the corporate sector delays its investment, then the virtuous cycle of employment generation and economic growth will not materialise [ABSTRACT FROM AUTHOR]

He stated the country needs the time to move away from coal towards other fossil fuels, and later on towards other renewable energy [ABSTRACT FROM AUTHOR]

He said India is underestimating its GDP growth while forecasting a 6.5 per cent expansion for the full fiscal [ABSTRACT FROM AUTHOR]