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Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP-more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as...
Persistent link: https://www.econbiz.de/10014408600
The Fund has a role to play in helping its members address those challenges of climate change for which fiscal and macroeconomic policies are an important component of the appropriate policy response. The greenhouse gas mitigation pledges submitted by over 160 countries ahead of the pivotal...
Persistent link: https://www.econbiz.de/10014408643
This paper reviews the fiscal implications of climate change, and the potential role of the Fund in addressing them. It stresses that: -- The potential fiscal implications are immediate as well as lasting, and liable to affect-in differing forms and degree-all Fund members. -- Climate change is...
Persistent link: https://www.econbiz.de/10014409978
The issue of productivity growth in Canada has received considerable attention reflecting its marked slowdown since the … in Canada, it is useful to decompose total factor productivity (TFP) into investment-specific productivity change (ISP …) and technologically neutral productivity change (TNP). The gap in manufacturing productivity growth between Canada and the …
Persistent link: https://www.econbiz.de/10014402843
The paper presents Canada’s report on the Observance of Standards and Codes on the Financial Action Task Force (FATF …) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). Canada has strengthened its overall …
Persistent link: https://www.econbiz.de/10014404389
The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze … the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of … Canada’s predictable price level have been analyzed. Innovative small and medium-size enterprises have significantly greater …
Persistent link: https://www.econbiz.de/10014406867
slowdown in large part has reflected the slowing in the United States economy, which has reduced growth in Canada’s exports and …
Persistent link: https://www.econbiz.de/10014406995
This paper documents two aspects of Canada’s regional diversity and compares the results with those across U.S. regions … the reduction in macroeconomic volatility in Canada after the introduction of inflation targeting is largely attributable …
Persistent link: https://www.econbiz.de/10014407045
This Selected Issues paper assesses the long-term fiscal position of Canada. Simulations based on current tax and …
Persistent link: https://www.econbiz.de/10014407120
put in place during the decade. The Bank of Canada raised interest rates markedly in 2000 as estimates of slack in the … reflect economic conditions in Canada and should aim to allow the economy to seek its productive potential without …
Persistent link: https://www.econbiz.de/10014407213