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International Monetary Fund (IMF); International … - 2014

This Selected Issues paper analyzes the sustainability of Papua New Guineaâ€™s current and medium-term fiscal policy and its consistency with government objectives. The Papua New Guinea government faces major challenges in shaping a fiscal policy that promotes stability, meets development...

Persistent link: https://www.econbiz.de/10011244644

Papua New Guinea: 2014 Article IV Consultation-Staff Report; Press Release

International Monetary Fund (IMF); International … - 2014

This 2014 Article IV Consultation highlights that Papua New Guineaâ€™s economy is experiencing an important transition, as new liquefied natural gas (LNG) production and exports commence. With LNG production and exports now starting, resource sector growth is projected to surge in 2015, but...

Persistent link: https://www.econbiz.de/10011245737

The Macroeconomic Effects of Natural Resource Extraction; Applications to Papua New Guinea

Basu, Suman S; Gottschalk, Jan; Schule, Werner; … - International Monetary Fund (IMF) - 2013

To investigate the effects on Papua New Guinea’s economy of substantial liquified natural gas revenues arriving in 2015, we employ a model to examine the macroeconomic effects of a scalingup of natural resource windfall revenues and the implications for a variety of policy responses. The model...

Persistent link: https://www.econbiz.de/10011242363

Papua New Guinea: Staff Report for the 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

This 2013 Article IV Consultation highlights that Papua New Guinea has achieved strong economic growth over the past decade, benefiting from high commodity prices, mineral investment inflows, sound macroeconomic policies, and financial sector stability. The current account deficit is expected to...

Persistent link: https://www.econbiz.de/10011243967

Bangladesh; Selected Issues

International Monetary Fund (IMF); International … - 2010

This Selected Issues paper analyzes the surprising strength of remittances in Bangladesh and other countries in South Asia and the Philippines in 2009. The empirical analysis suggests that the continued strong growth of remittances in these countries is related to the resilience of non-oil GDP...

Persistent link: https://www.econbiz.de/10011245440

Emigration and Brain Drain; Evidence From the Caribbean

Mishra, Prachi - International Monetary Fund (IMF) - 2006

This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and … migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor … in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the …

Persistent link: https://www.econbiz.de/10005248304

Do the Gulf Oil-Producing Countries Influence Regional Growth? T+L3886he Impact of Financial and Remittance Flows

Ilahi, Nadeem; Shendy, Riham - International Monetary Fund (IMF) - 2008

This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate that growth rates of real GDP, private consumption and private investment in...

Persistent link: https://www.econbiz.de/10005263780

Business Cycles and Workers' Remittances; How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?

Sayan, Serdar - International Monetary Fund (IMF) - 2006

Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and...

Persistent link: https://www.econbiz.de/10005263962

Regional Convergence and the Role of Federal Transfers in Canada

Swagel, Phillip; Dunaway, Steven Vincent; Kaufman, … - International Monetary Fund (IMF) - 2003

significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have …

Persistent link: https://www.econbiz.de/10005264150

A Model of Multiple Equilibria in Geographic Labor Mobility

Ubeda, Luis; Spilimbergo, Antonio - International Monetary Fund (IMF) - 2002

migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different …

Persistent link: https://www.econbiz.de/10005264165