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Terms of Trade Disturbances, Real Exchange Rates, and Welfare : The Role of Capital Controls and Labor Market Distortions
International Monetary Fund - 1989
Many arguments that have been advanced in favor of maintaining capital controls within the EC have not paid sufficient attention to the welfare consequences of this type of market intervention. Our paper provides a simple, optimizing framework in which the welfare consequences of capital...
Persistent link: https://www.econbiz.de/10014396039
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Welfare Effects of Uzbekistan's Foreign Exchange Regime
International Monetary Fund - 2000
In addition to transferring about 16 percent of GDP from exporters to importers, Uzbekistan’s quasi-fiscal multiple exchange rate regime generates identifiable welfare losses of 2-8 percent of GDP on import markets and up to 15 percent on export markets. These excess burdens have increased...
Persistent link: https://www.econbiz.de/10014399812
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The Welfare Effects of Public Expenditure Programs Reconsidered
International Monetary Fund - 1989
The paper proposes a new welfare-based measure to evaluate the distributive effects of public programs. The proposed measure differs from traditional approaches in two important ways: first, it is based on life-cycle considerations, since most public expenditure programs have an intertemporal...
Persistent link: https://www.econbiz.de/10014396379
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Czech Republic : Report on Observance of Standards and Codes-Fiscal Transparency Module-Update
International Monetary Fund - 2003
The Czech government has made further progress in improving fiscal transparency that was already high by international standards. The measures implemented to broaden the coverage of general government data have been commended. Improved reporting on fiscal risks, including those arising from...
Persistent link: https://www.econbiz.de/10014407746
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Private Market Financing for Developing Countries
International Monetary Fund - 1995
This study surveys recent trends in private market financing for developing countries. In addition to examining developments in flows to developing countries through banking and securites markets, it analyzes the institutional and regulatory framework for developing country finance,...
Persistent link: https://www.econbiz.de/10014399282
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Czech Republic : Report on the Observance of Standards and Codes—Banking Supervision—Update
International Monetary Fund - 2004
The Czech government placed high priority on implementing and observing the international standards relevant for financial stability. The supervisory staff exhibited a high understanding of best international supervisory standards, policies, and practices. Nevertheless, the report noted...
Persistent link: https://www.econbiz.de/10014407510
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International Monetary Fund & Private Business Transactions
International Monetary Fund - 1965
This paper analyzes legal impact of the Articles of Agreement of the IMF on the business transactions of private persons and corporations. At the heart of the Articles is the simple idea that the member states of the IMF should observe certain rules of good conduct in monetary policy, and that...
Persistent link: https://www.econbiz.de/10014394417
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Private Market Financing for Developing Countries
International Monetary Fund - 1991
This paper presents a survey by IMF staff of recent trends in private market financing for developing countries. In addition to summarizing recent developments in capital flows to developing countries through banking and securities markets, it analyzes three issues of particular interest in the...
Persistent link: https://www.econbiz.de/10014397752
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Peru Detailed Assessment of Observance : Basel Core Principles for Effective Banking Supervision
International Monetary Fund - 2018
The costs of meeting the SDG WASH targets will be several times higher than investment levels during the MDG era (2000-15). The immense scale of the financing gap calls for innovative solutions. In addition to mobilizing more funding another approach is to deliver the needed infrastructure more...
Persistent link: https://www.econbiz.de/10012645763
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Peru: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth … has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its … case of Peru. It takes stock of analytical considerations to resource management, and analyzes Peru’s natural resource …
Persistent link: https://www.econbiz.de/10011244249