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Tsounta, Evridiki - International Monetary Fund (IMF) - 2008

This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly affected by economic developments in the source...

Persistent link: https://www.econbiz.de/10005769110

The Federal Democratic Republic of Ethiopia; Selected Issues

International Monetary Fund (IMF); International … - 2013

This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...

Persistent link: https://www.econbiz.de/10011244172

Oil Rents, Corruption, and State Stability; Evidence From Panel Data Regressions

International Monetary Fund (IMF); International … - 2009

We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation … increase in oil rents significantly increases corruption, significantly deteriorates political rights while at the same time … redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in …

Persistent link: https://www.econbiz.de/10008497600

Hold Your Nose and Vote; Why Do Some Democracies tolerate Corruption?

Pani, Marco - International Monetary Fund (IMF) - 2009

This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result …, the paper analyzes how corruption distortsthe allocation of resources between public and private expenditure, altering the … citizens can indirectly benefit from corruption. The paper shows that, under this condition, if the citizens anticipate a shift …

Persistent link: https://www.econbiz.de/10004999974

Italy; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

This 2013 Article IV Consultation highlights Italyâ€™s assesses measures undertaken to revive economic growth. Italy is vulnerable to a renewal of euro area tension and risks from domestic policy slippages, stalling of structural reforms, and banking distress that could undermine...

Persistent link: https://www.econbiz.de/10011243723

Republic of Moldova; Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2013

This paper discusses the Poverty Reduction Strategy Paper and National Development Strategy (NDS) for the Republic of Moldova. The NDS â€œMoldova 2020â€ presents a vision of cohesive long-term sustainable economic development based on a diagnostic study of constraints to economic...

Persistent link: https://www.econbiz.de/10011243899

Islamic Republic of Afghanistan: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Islamic Republic of Afghanistan

International Monetary Fund (IMF); International … - 2014

KEY ISSUES Context. Over the past decade, Afghanistan has made enormous progress in reconstruction, development and lifting per capita income. Security and political uncertainties, and weak institutions have constrained growth and weighed on social outcomes. With significant reform efforts and...

Persistent link: https://www.econbiz.de/10011243928

How Does Privatization Work? Ownership Concentration and Enterprise Performance in Ukraine

Pivovarsky, Alexander - International Monetary Fund (IMF) - 2001

This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...

Persistent link: https://www.econbiz.de/10005826048

People's Republic of China; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

This staff report on Peopleâ€™s Republic of China 2013 Article IV Consultation highlights macroeconomic developments … and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …

Persistent link: https://www.econbiz.de/10011244201

Peru: Selected Issues Paper

International Monetary Fund (IMF); International … - 2014

This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its population still lives in poverty. This paper applies...

Persistent link: https://www.econbiz.de/10011244249