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Iceland; Advancing Tax Reform and the Taxation of Natural Resources
International Monetary Fund (IMF); International … - 2011
This study focused on environmental tax measures, and on allocation, pricing, and taxation of Iceland’s major … hydropower and geothermal resources. Measures to secure the tax base for the corporate income tax (CIT) are proposed. Taxation of …-intensive industries should be avoided. The proposals in this paper aim at efficiency and equity in the tax system rather than revenue …
Persistent link: https://www.econbiz.de/10011245073
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Czech Republic; Selected Issues
International Monetary Fund (IMF); International … - 2008
framework of Global Fiscal Model (GFM) with technical details. It analyzes tax and expenditure measures and implications of … additional measures for fiscal consolidation on debt sustainability. It reviews the formulation of the Czech National Bank (CNB …
Persistent link: https://www.econbiz.de/10011242637
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Germany; Technical Note on Crisis Management Arrangements
International Monetary Fund (IMF); International … - 2011
This paper discusses Germany’s challenges and measures to strengthen crisis management arrangements. Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and the Bundesbank have closely coordinated with the interagency risk committee on banking matters, which also encompasses BaFin...
Persistent link: https://www.econbiz.de/10011244880
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Financial Crises, Poverty, and Income Distribution
International Monetary Fund (IMF); International … - 2002
Developing and transition economies are prone to financial crises, including balance of payments and banking crises. These crises affect poverty and the distribution of income through a variety of channels: slowdowns in economic activity, relative price changes, and fiscal retrenchment, among...
Persistent link: https://www.econbiz.de/10005264050
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Short-Term Wholesale Funding and Systemic Risk; A Global Covar Approach
International Monetary Fund (IMF); International … - 2012
In this paper we identify some of the main factors behind systemic risk in a set of international large-scale complex banks using the novel CoVaR approach. We find that short-term wholesale funding is a key determinant in triggering systemic risk episodes. In contrast, we find no evidence that a...
Persistent link: https://www.econbiz.de/10009654153
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Thailand; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper for Thailand highlights the effect of higher global interest rates on Thailand and the relationship between financial crises and long-term potential growth. Since the Asian crisis, Thailand has adopted an inflation targeting regime, and has intervened in the foreign...
Persistent link: https://www.econbiz.de/10005825163
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Japan; Selected Issues
International Monetary Fund (IMF); International … - 2003
fiscal policies on public debt, and estimates the expenditure and revenue adjustments needed to restrain the growth of debt …
Persistent link: https://www.econbiz.de/10005599054
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The Role of the Prudential Supervision and Financial Restructuring of Banks During Transition to Indirect Instruments of Monetary Control
International Monetary Fund (IMF); International … - 1996
This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement and expedite the adoption of indirect instruments of monetary policy. Appropriate sequencing reflects both operational considerations and macroeconomic effects of structural...
Persistent link: https://www.econbiz.de/10005599244
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Cambodia; 2007 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2007
This 2007 Article IV Consultation underlies that strong macroeconomic policies have enabled Cambodia to achieve impressive growth and make inroads into poverty. Supported by prudent fiscal and monetary policies that have strengthened the economy’s resilience to shocks, growth has averaged...
Persistent link: https://www.econbiz.de/10011244160
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Côte d'Ivoire: Enhanced Heavily Indebted Poor Countries Initiative; Completion Point Document and Multilateral Debt Relief Initiative; Press Release
International Monetary Fund (IMF); International … - 2012
In April 2009, the Boards of Executive Directors of the International Development Association (IDA) and the International Monetary Fund (IMF) agreed that Côte d’Ivoire had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC)...
Persistent link: https://www.econbiz.de/10011244164