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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

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

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

Working Paper 87/034 : Measuring Price Competitiveness for industrial Country Trade in Manufactures

International Monetary Fund - 1987

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014396319

Mexico; Financial Sector Assessment Program Update: Technical Note: Industrial Organization and Competition: Pension System in Mexico

International Monetary Fund (IMF); International … - 2007

private companies. Under these schemes, competition plays a key role, keeping prices low, a good quality of service, and an …

Persistent link: https://www.econbiz.de/10011245279

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

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

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

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

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