{"id":100030,"date":"2013-10-05T18:05:00","date_gmt":"2013-10-05T18:05:00","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=100030"},"modified":"2013-10-05T18:05:00","modified_gmt":"2013-10-05T18:05:00","slug":"avertisment-de-la-fmi-pentru-economiile-emergente","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=100030","title":{"rendered":"Avertisment de la FMI pentru economiile emergente"},"content":{"rendered":"<p>\nEa recomand\u0103 ca metode de ap\u0103rare politici specifice, ca deprecierea monedelor na\u0163ionale, constituirea de rezerve de lichiditate \u015fi, pe alt plan, accelerarea reformelor structurale. Metode de control temporar al pie\u0163ei valutare \u015fi monetare au fost folosite \u015fi \u00een 2010 de o serie de economii emergente din America Latin\u0103 \u015fi Asia, pe atunci spre a se ap\u0103ra de efectele negative ale valului de capitaluri speculative care le inundase ca urmare a acelora\u015fi programe de relaxare cantitativ\u0103 derulate de Rezerva Federal\u0103. Acum, problema care se pune pentru economiile emergente este de a evita efectul opus &#8211; un exod brutal al capitalurilor, dup\u0103 ce tiparni\u0163a Fed se va fi oprit.<\/p>\n<p>\nPentru moment, Fed a anun\u0163at c\u0103 va continua actualul programul de achizi\u0163ie de obliga\u0163iuni \u00een acela\u015fi ritm ca \u015fi p\u00e2n\u0103 acum, de 85 mld. dolari pe lun\u0103, determin\u00e2nd o euforie rar \u00eent\u00e2lnit\u0103 a pie\u0163elor financiare, care se a\u015fteptaser\u0103 la o reducere treptat\u0103 a achizi\u0163iilor cu cca 10-20 mld. de dolari, ca r\u0103spuns la reducerea \u015fomajului. Pre\u015fedintele Fed, Ben Bernanke, estimase \u00een iunie c\u0103 va reduce treptat ritmul tiparni\u0163ei de bani, p\u00e2n\u0103 la stoparea achizi\u0163iilor de obliga\u0163iuni la jum\u0103tatea anului viitor, c\u00e2nd \u015fomajul se va fi redus la 7% (\u00een august a fost 7,3%, fa\u0163\u0103 de 8,1% cu un an \u00een urm\u0103). La finele lui septembrie, Bernanke a declarat \u00eens\u0103 c\u0103 reducerea achizi\u0163iilor &#8220;ar fi posibil s\u0103 \u00eenceap\u0103&#8221; abia spre finele anului \u015fi c\u0103 nu exist\u0103 niciun plafon al ratei \u015fomajului de care o astfel de decizie s\u0103 depind\u0103.<\/p>\n<p>\n\u00cen acela\u015fi timp, situa\u0163ia economiilor emergente este deocamdat\u0103 bun\u0103. Anali\u015ftii Credit Agricole remarc\u0103 faptul c\u0103 \u00een T2, economiile emergente au avut o performan\u0163\u0103 bun\u0103 (fa\u0163\u0103 de T1 a fost chiar cea mai mare cre\u015ftere de la \u00eenceputul lui 2011 p\u00e2n\u0103 acum), iar redresarea economic\u0103 din zona euro \u015fi din SUA \u00ee\u015fi arat\u0103 deja efectele pozitive \u00een activitatea industrial\u0103 \u015fi \u00een comenzile de export pentru economiile emergente, fenomen care s-ar putea accentua \u00een urm\u0103toarele trimestre.<\/p>\n<p>\n<img decoding=\"async\" alt=\"\" src=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/11460921\/2\/emerging.jpg?height=405&#038;width=406\" style=\"width: 406px; height: 405px;\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pentru prima oar\u0103 \u00een ultimii ani, cre\u015fterea economic\u0103 global\u0103 a \u00eencetat s\u0103 mai fie condus\u0103 \u00een 2013 de economiile emergente, iar prioritatea zero pentru ele este acum s\u0103 evite turbulen\u0163ele de pia\u0163\u0103 legate de \u00eencheierea treptat\u0103 a programului de relaxare monetar\u0103 cantitativ\u0103 al Rezervei Federale a SUA, a declarat Christine Lagarde, \u015fefa FMI.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[277,182,35217,560,7433,22723,16610,369,24060,8884,106,11050],"class_list":["post-100030","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-avertisment","tag-criza","tag-economii-emergente","tag-exporturi","tag-fmi","tag-lagarde","tag-monede","tag-obligatiuni","tag-qe3","tag-rezerva-federala","tag-sua","tag-valute"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/100030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100030"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/100030\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}