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Italy : Assessing Competition and Efficiency in the Banking System

International Monetary Fund - 2007

The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … highcost, high-income system, particularly with respect to retail/services, and efficiency gains have yet to fully materialize …

Persistent link: https://www.econbiz.de/10014400137

Public Sector Efficiency and Fiscal Austerity

International Monetary Fund - 1998

or may not improve economic efficiency …

Persistent link: https://www.econbiz.de/10014400822

Improving Public Investment Efficiency in the G-20

International Monetary Fund - 2015

-run economic growth (G-20, 2014).2 However, the economic and social impact of public investment crucially depends on its efficiency … empirical studies of the determinants of public investment efficiency. This paper explores the link between public investment … management (PIM) institutions and the efficiency of public investment for the G-20 countries. Based on the analysis from a recent …

Persistent link: https://www.econbiz.de/10014408539

Making Public Investment More Efficient

International Monetary Fund - 2015

investment critically depends on its efficiency. Comparing the value of public capital (input) and measures of infrastructure … percent. The economic dividends from closing this efficiency gap are substantial: the most efficient public investors get …

Persistent link: https://www.econbiz.de/10014408564

A Noteon Debt Reduction and Echonomic Efficiency

International Monetary Fund - 1990

This note examines the efficiency gains that might result from market-based debt reduction and alternative uses of … government investment or consumption. Given considerable uncertainty about the efficiency returns of alternative uses of …

Persistent link: https://www.econbiz.de/10014396332

Bulgaria; 2007 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bulgaria

International Monetary Fund (IMF); International … - 2007

This 2007 Article IV Consultation highlights that Bulgariaâ€™s large external imbalance has continued to widen. Driven by massive capital inflows, particularly foreign direct investment inflows, the current account deficit could reach a record level of 20 percent of GDP in 2007. Although...

Persistent link: https://www.econbiz.de/10011244823

Bulgaria; 2006 Article IV Consultation, Third Review Under the Stand-By Arrangement, and Request for Rephasing, Waiver of Applicability and Nonobservance of Performance Criteria an...

International Monetary Fund (IMF); International … - 2006

The current account deficit in Bulgaria, which doubled in 2005 to 11.8 percent of GDP, deteriorated further to 14.6 percent of GDP during the first four months of 2006. The current account deficit continues to be substantially financed by foreign direct investment (FDI) flows. Fiscal policy has...

Persistent link: https://www.econbiz.de/10011245347

Serbia and Montenegro; Sixth Review Under the Extended Arrangement, Financing Assurances Review, Request for Waivers of Nonobservance of Performance Criteria, and Proposed Post-Pro...

International Monetary Fund (IMF); International … - 2006

This paper discusses Serbia and Montenegroâ€™s Sixth Review Under the Extended Arrangement, Financing Assurances Review, Request for Waivers of Nonobservance of Performance Criteria, and Proposed Post-Program Monitoring. Program implementation since the fifth review has been mixed, delaying...

Persistent link: https://www.econbiz.de/10005591294

on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2006

Barbados' economy continued to grow, but macroeconomic imbalances worsened. Executive Directors observed that the imbalances are owed to a procyclical fiscal stance, and advised to tighten monetary policy and safeguard the fixed exchange rate regime as an anchor of macroeconomic stability. They...

Persistent link: https://www.econbiz.de/10010790445

Republic of Equatorial Guinea; Selected Issues

International Monetary Fund (IMF); International … - 2009

This Selected Issues paper discusses fiscal sustainability and capital expenditures for Equatorial Guinea. The paper formulates a permanent income hypothesis model and estimates it using data on oil revenues from Equatorial Guinea. The first methodology is based on a standard permanent income...

Persistent link: https://www.econbiz.de/10011242522