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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
This paper presents the Tax Summary for the Solomon Islands. The paper discusses that normal business expenses are deductible against chargeable income. A $7,800 personal exemption applies to both resident and nonresident individuals. This general exemption is subject to apportionment on a...
Persistent link: https://www.econbiz.de/10011242614
Macroeconomic performance has been satisfactory, and program implementation under the Poverty Reduction and Growth Facility arrangement has also been good. The medium-term projections have been updated in anticipation of relief under the Multilateral Debt Relief Initiative (MDRI). Despite recent...
Persistent link: https://www.econbiz.de/10011242943
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244215
Persistent link: https://www.econbiz.de/10011244841
This paper analyzes the exchange rate pass-through to domestic prices and its determinants in sub-Saharan African … exchange rate regimes and in countries with a higher income. A low inflation environment, a prudent monetary policy, and a …
Persistent link: https://www.econbiz.de/10010790331
Recent developments and reforms in the Russian payments system are discussed from the perspective of their impact on monetary policy. The large and highly variable payment float in the balance sheet of the Central Bank of Russia has complicated the conduct of monetary policy. However, reforms in...
Persistent link: https://www.econbiz.de/10008671310
Chinese inflation, particularly non-food inflation, has been surprisingly modest in recent years. We find that supply … factors, including those captured through upstream foreign commodity and producer prices, have been important drivers of non …-food inflation, as has foreign demand for Chinese goods. Domestic demand and monetary conditions seem less important, possibly …
Persistent link: https://www.econbiz.de/10008671317
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...
Persistent link: https://www.econbiz.de/10011243149
denominated in foreign currency. Aided by high commodity prices and improved confidence, GDP growth is estimated at 5½ percent …
Persistent link: https://www.econbiz.de/10011243364