Showing 1 - 10 of 92
This paper examines the environmental effects of mineral taxes in a framework that recognizes the importance of rates and cumulative externalities and proposes an appropriate corrective tax. It concludes that mineral resources taxation should combine neutral taxes with a dynamic Pigovian type...
Persistent link: https://www.econbiz.de/10005263912
Mali’s gold sector is an enclave with weak forward and backward linkages with the rest of the economy. Given the predominance of the fiscal transmission channel, it is important that the design of the mineral tax regime gives the state a fair share of the benefits. Using optimal control...
Persistent link: https://www.econbiz.de/10008542988
This paper analyzes Solomon Islands’ ongoing reforms concerning of the mineral taxation regime and the fiscal impact of mineral resources. The analysis shows that mineral revenue could be substantial, provided that mineral prices remain strong in the medium term. Enforcing the tax...
Persistent link: https://www.econbiz.de/10011243086
The vast mineral deposits of Mongolia, if properly managed, could make available large budgetary resources, which would help address a wide range of its economic challenges. This report focuses on Mongolia’s selected issues in the mining sector, government employment and wages, and saving...
Persistent link: https://www.econbiz.de/10011243148
Tanzania’s banking system remains sound but is vulnerable to credit risk resulting from the economic slowdown. This staff report examines Tanzania’s 2009 Article IV Consultation, fifth review under the Policy Support Instrument, and request for a Twelve-Month Arrangement under the...
Persistent link: https://www.econbiz.de/10011244537
designing policies to better manage capital flows and allow higher interest rate; and more attractive domestic investment …
Persistent link: https://www.econbiz.de/10011244722
The key findings of Mauritius’s Financial System Stability Assessment update are discussed. The Mauritian financial system has been resilient to recent economic shocks, and banks have adequate capital buffers against a range of shocks to their credit portfolios and liquidity positions....
Persistent link: https://www.econbiz.de/10011244792
This Selected Issues paper on Bulgaria investigates possible driving forces behind the investment boom based on cross …-country evidence. The diagnosis of the drivers behind the investment boom is important as it is key to assessing Bulgaria’s economic … investment boom reflects to a large extent a one-off reassessment of Bulgaria’s riskiness as an investment location. The paper …
Persistent link: https://www.econbiz.de/10011245059
In this study, the stability of Germany’s financial sector after the global crisis is discussed. The stability issues are explained in terms of financial system vulnerability and the banking system. Financial soundness indicators (FSIs) prove the stability of the banking system. A stress...
Persistent link: https://www.econbiz.de/10011245328
The typical portrait of monetary policy has the banks and the money supply being manipulated through changes in bank reserves. However, with only a small portion of bank deposits now subject to reserve requirements, an alternative explanation of how monetary policy influences banks is needed....
Persistent link: https://www.econbiz.de/10005263662