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The Unequal Benefits of Fuel Subsidies; A Review of Evidence for Developing Countries
Coady, David; Granado, Javier Arze del - International Monetary Fund (IMF) - 2010
This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On … average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decrease in the per liter subsidy … subsidies than the bottom. Issues that need to be addressed when undertaking subsidy reform are also discussed, including the …
Persistent link: https://www.econbiz.de/10008671315
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Tax Concessions and Foreign Direct Investmentin the Eastern Caribbean Currency Union
Chai, Jingqing; Goyal, Rishi - International Monetary Fund (IMF) - 2008
Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct...
Persistent link: https://www.econbiz.de/10005826331
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China'S Integration Into the World Economy; Implications for Developing Countries
Yang, Yongzheng - International Monetary Fund (IMF) - 2003
Although the rest of the world had waited a long time for China to open up, feelings were mixed when it actually did and began to integrate rapidly with the world economy. With the country’s recent accession to the World Trade Organization (WTO), many of its trading partners are increasingly...
Persistent link: https://www.econbiz.de/10005605423
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The Endogenous Skill Bias of Technical Change and Inequality in Developing Countries
Behar, Alberto - International Monetary Fund (IMF) - 2013
This paper draws on existing empirical literature and an original theoretical model to argue that globalization and skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing countries are experiencing technical change that is...
Persistent link: https://www.econbiz.de/10010790338
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The Welfare Implications of Services Liberalization in a Developing Country; Evidence from Tunisia
Jouini, Nizar; Rebei, Nooman - International Monetary Fund (IMF) - 2013
We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...
Persistent link: https://www.econbiz.de/10011242426
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Northern Star; Canada's Path to Economic Prosperity
Klyuev, Vladimir; Mühleisen, Martin; Bayoumi, Tamim - International Monetary Fund (IMF) - 2007
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
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Macroeconomic Implications of Financial Dollarization; The Case of Uruguay
Gelos, Gaston; Mejía, Alejandro López; Piñón-Farah, … - International Monetary Fund (IMF) - 2008
Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets,...
Persistent link: https://www.econbiz.de/10011245904
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Consolidation and Market Structure in Emerging Market Banking Systems
Gelos, Gaston; Roldos, Jorge - International Monetary Fund (IMF) - 2002
This paper examines the evolution of market structure in emerging market banking systems during the 1990s. While significant bank consolidation has been taking place in these countries, reflected in a sharp decline in the number of banks, this process has not systematically been associated with...
Persistent link: https://www.econbiz.de/10005264153
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Assessing Bank Competition within the East African Community
Sanya, Sarah; Gaertner, Matthew - International Monetary Fund (IMF) - 2012
This paper is an empirical analysis of competitiveness in the banking system of four out of the five East African Community (EAC) countries2. The results show that the degree of competition is low due to a combination of structural and socio-economic factors. By way of preview, the analysis...
Persistent link: https://www.econbiz.de/10009650623
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Competition in Indian Banking
International Monetary Fund (IMF); International … - 2005
It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial sector reforms in 1992. Using annual data on scheduled commercial banks for the period 1996-2004, the paper evaluates the validity of this claim in the Indian context. The...
Persistent link: https://www.econbiz.de/10005825694