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This Selected Issues paper focuses on recent developments with Kiribati’s Revenue Equalization Reserve Fund (RERF). The paper also examines fiscal aspects of climate change, and considers options for improving fishing license fees, which remain an important source of revenue. It also analyzes...
Persistent link: https://www.econbiz.de/10014404533
Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP-more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as...
Persistent link: https://www.econbiz.de/10014408600
This paper reviews the fiscal implications of climate change, and the potential role of the Fund in addressing them. It stresses that: -- The potential fiscal implications are immediate as well as lasting, and liable to affect-in differing forms and degree-all Fund members. -- Climate change is...
Persistent link: https://www.econbiz.de/10014409978
The general government in Spain is composed of the State (central) government, the social security system, 17 regional …
Persistent link: https://www.econbiz.de/10014402123
Spain has achieved impressive growth in recent years—reflecting favorable competitiveness, and the impact on interest …
Persistent link: https://www.econbiz.de/10014402845
Spain’s economy is facing severe challenges. Financial market tensions increased sharply in the wake of the Greek …
Persistent link: https://www.econbiz.de/10014402943
Persistent link: https://www.econbiz.de/10014404605
sustainability in Spain. The first study discusses how best to ensure fiscal discipline at lower levels of government by examining … the institutional setting and mechanisms that make this task particularly challenging in Spain’s highly devolved political … with the fiscal costs of aging in Spain …
Persistent link: https://www.econbiz.de/10014404710
Spain’s 2007 Article IV Consultation underlies that immediate growth prospects are bright and the central scenario is …
Persistent link: https://www.econbiz.de/10014404744
This 2004 Article IV Consultation highlights that with growth proceeding at a steady pace of 2.6 percent during 2004, the Spanish economy has weathered the slowdown in the European Union relatively well. The external current account is estimated to have widened to some 41⁄4 percent of GDP in...
Persistent link: https://www.econbiz.de/10014405108