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We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a positive and significant effect of bank consolidation on...
Persistent link: https://www.econbiz.de/10014401147
This paper identifies tax factors in 21 developing countries that have an impact on foreign direct investment flows. It categorizes those factors into issues associated with tax coordination; tax rates and rate structures; and composition of the tax base. Recent actions by countries reveal no...
Persistent link: https://www.econbiz.de/10005263965
This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than developed countries. The empirical results support...
Persistent link: https://www.econbiz.de/10005769030
A 36 month, SDR 4,393 million (425 percent of quota) Extended Arrangement under the EFF was approved by the Executive Board on September 4, 2013 and the third review was completed on June 27, 2014, with a total of SDR 1,440 million disbursed. Fifth and sixth tranches totaling of SDR 720 million...
Persistent link: https://www.econbiz.de/10011244519
ceiling on Net Domestic Assets of the State Bank of Pakistan, which was missed by a small margin. On the basis of Pakistanâ …
Persistent link: https://www.econbiz.de/10011244527
This paper assesses Pakistan’s Second Review Under the Extended Arrangement and Request for Waivers of Non-Observance of Performance Criteria. Discussions focused on progress in addressing the main macroeconomic challenges facing the country and remedial actions to meet missed performance...
Persistent link: https://www.econbiz.de/10011245013
This paper highlights Pakistan’s 2013 Article IV Consultation and Request for an Extended Arrangement Under the Extended Fund Facility. Discussions in the IMF report focus on macroeconomic policies to address vulnerabilities and reforms to promote robust inclusive growth. The...
Persistent link: https://www.econbiz.de/10011243290
This paper discusses Pakistan’s First review Under the Extended Arrangement Under the Extended Fund Facility and Request for Waiver of Nonobservance of a Performance Criterion (PCs) and Modification of Performance Criteria. All quantitative PCs for end-September 2013 were observed except...
Persistent link: https://www.econbiz.de/10011243782
This Selected Issues paper and Statistical Appendix on Pakistan looks at the worrisome trend of declining growth from a … growth-accounting point of view. The paper provides considerable evidence that Pakistan’s striking “social gap” in education … a continuation of prudent fiscal policies in Pakistan that would reduce public debt to more sustainable levels …
Persistent link: https://www.econbiz.de/10014405848
. The paper employs three approaches to forecast inflation in Pakistan. A leading indicator model outperforms a univariate …
Persistent link: https://www.econbiz.de/10014406115