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Optimal Tax/Expenditure Competition Strategy of Governments in the Presence of Time Inconsistency : The Case for Investment Tax Abacemencs

International Monetary Fund - 1990

Businesses which seek the location that offers the highest profitability are likely to consider tax incentives and the level of government services available. However, once a business commits itself to a locality, high moving costs render it vulnerable to future tax increases or denial of...

Persistent link: https://www.econbiz.de/10014396504

Outsourcing Tariff Evasion : A New Explanation for Entrepot Trade

International Monetary Fund - 2005

possibility that entrepôts may facilitate tariff evasion. Using data on direct exports to mainland China and indirect exports to …

Persistent link: https://www.econbiz.de/10014400698

Competition in Indian Banking

International Monetary Fund - 2005

It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial … competitive conditions and earns revenues as if under monopolistic competition …

Persistent link: https://www.econbiz.de/10014400691

Assessing Competitiveness Using Industry Unit Labor Costs : An Application to Slovakia

International Monetary Fund - 2012

Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...

Persistent link: https://www.econbiz.de/10014396613

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 … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …

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

Competitiveness in the Baltics in the Run-Up to EU Accession

International Monetary Fund - 2003

This paper analyzes competitiveness in the Baltics in the run-up to European Union accession. Several factors appear to have driven movements in equilibrium real exchange rates in the Baltics since the start of the transition process. In the earlier years of transition, price liberalization,...

Persistent link: https://www.econbiz.de/10014407140

Republic of Kazakhstan : Financial Sector Assessment Program Update—Technical Note—Bank Profitability and Competition

International Monetary Fund - 2004

competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational costs and …

Persistent link: https://www.econbiz.de/10014407263

Strategic Investment in a Debt Bargaining Framework

International Monetary Fund - 1989

This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which, if the debtor country is unable to meet debt obligations, a bargaining regime determines the amount of debt repayment. In the context of a two-country real trade model, debt...

Persistent link: https://www.econbiz.de/10014396211

Austria; Selected Issues

International Monetary Fund (IMF); International … - 2008

Austria’s federal system comprises the federal government and nine provinces (Länder). The federal system is rather centralized by international standards, with the federal government (including social security funds) accounting for about 70 percent of general government spending, the...

Persistent link: https://www.econbiz.de/10011244961

Kenya, Uganda, and United Republic of Tanzania; Selected Issues

International Monetary Fund (IMF); International … - 2008

This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue...

Persistent link: https://www.econbiz.de/10011245798

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