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This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and … of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the … analysis of international economic interdependence focusing on income, consumption, and international borrowing. A simulation …
Persistent link: https://www.econbiz.de/10014396181
This paper discusses the history of the first 20 years of the IMF. It attempts to recount objectively what were its origins and what have been its plans and activities. The paper contains a chronological account of the evolution of the IMF from the original plans formulated in 1941 to the end of...
Persistent link: https://www.econbiz.de/10014397663
Global growth remains strong. The recovery has created jobs and increased incomes. But growth momentum is moderating. Previously identified risks have partly materialized or have become more pronounced. A rapid reversal in financial market conditions, ten years after the global financial crisis,...
Persistent link: https://www.econbiz.de/10014408462
The global economic outlook is improving, but the recovery is partial, uneven, and uncertain. Policies must restore confidence, support jobs, and boost growth. Now is the time to also build a more resilient future. We must work together to support the most vulnerable countries and people
Persistent link: https://www.econbiz.de/10014408893
Against a backdrop of declining oil prices, sharp variations in exchange rates, and market volatility, global growth remains uneven. The prospect of a new mediocre lingers as medium-term forecasts have been marked down since the last GPA. Promoting balanced, sustained growth requires an...
Persistent link: https://www.econbiz.de/10014408526
vital in areas such as the global financial safety net, trade, climate change, international taxation, sustainable …
Persistent link: https://www.econbiz.de/10014408586
The global financial safety net (GFSN) has become larger and more decentralized, creating a need for greater coordination. The expanded GFSN has created multiple sources of official financing for countries in need of support to address balance of payments shocks. Enhanced coordination among...
Persistent link: https://www.econbiz.de/10014408711
After suffering a major setback, global prospects are gradually strengthening again. Improved activity in the United States and better policies in the euro area in response to the deepening economic crisis there have reduced the immediate threat of a sharp global slowdown. Weak recovery is...
Persistent link: https://www.econbiz.de/10014409983
dynamics, and a rebalancing of global demand; and the completion of reforms to the international financial system. Much more …
Persistent link: https://www.econbiz.de/10014410429
The global economy has entered a dangerous phase. Policy makers must act boldly to finish the job they began in 2009, lest the gains from the recovery since then be lost. Collective action can put the global economy on a path to strong, sustainable, and balanced growth
Persistent link: https://www.econbiz.de/10014410499