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Many countries around the globe, particularly the systemic advanced economies, face the challenge of closing output gaps and raising potential output growth. Addressing these challenges requires a package of macroeconomic, financial and structural policies that will boost both aggregate demand...
Persistent link: https://www.econbiz.de/10014408561
Five years after the global financial crisis, the severe tensions and risks rooted last year in some of the 'Systemic five' (S5)-China, euro area, Japan, United Kingdom, United States--have abated but all five are still operating below potential, id est, they are not contributing to global...
Persistent link: https://www.econbiz.de/10014410440
Spillover reports examine the external effects of domestic policies in five systemic economies (S5), comprising China …
Persistent link: https://www.econbiz.de/10014410532
, suggests normalization will proceed at different times in different countries, with possible spillover implications. Second …, growth in emerging markets is slowing on a broad basis since its precrisis peak and can carry noticeable spillover effects at … the global level. Model code and programs used for the spillover simulations can be made available. Data used for the …
Persistent link: https://www.econbiz.de/10014410571
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
Persistent link: https://www.econbiz.de/10014408258
This note conducts a business cycle accounting analysis for systemic economies, with an emphasis on spillover effects …
Persistent link: https://www.econbiz.de/10014410531
This paper explores the nature, significance and policy implications of spillovers in international corporate taxation-the effects of one country's rules and practices on others. It complements current initiatives focused on tax avoidance by multinationals, notably the G20-OECD project on Base...
Persistent link: https://www.econbiz.de/10014410572
The East African Community (EAC) countries—Kenya, Tanzania, Uganda, and Rwanda—have been affected by the global financial crisis and global recession. The fall in global demand and inflows and tighter liquidity conditions abroad affected the countries in this region as elsewhere in...
Persistent link: https://www.econbiz.de/10014411426
This Spillover Report analyses the potential channels of financial system spillovers in Japan that policymakers should … regulatory framework in managing spillover channels. The report is a guideline as to how Japan developed to win its position in …
Persistent link: https://www.econbiz.de/10014395723