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VAT reform and reduce price distortions, the government is considering repealing the commodity tax and reviewing the trade … neither inelastic demand nor negative externalities do not meet the criteria for special excise taxation. • If the sugar tax … is sufficient to discourage their consumption. Alternatively, repeal the sugar tax and move sweetened products to the top …
Persistent link: https://www.econbiz.de/10011245529
This 2006 Article IV Consultation highlights that despite the closure of the sugar industry, economic growth in St …
Persistent link: https://www.econbiz.de/10011243143
Guyana has weathered the impact of the global crisis well by regional and global standards. The current account deficit declined by 5 percent of GDP (to 8.5 percent of GDP), largely led by a reduction in imports, particularly of fuel. Macroeconomic policies have remained prudent. Monetary policy...
Persistent link: https://www.econbiz.de/10011243585
and fiscal policies to weather the spillover of external shocks on the domestic economy through the real and trade channel …
Persistent link: https://www.econbiz.de/10011243927
sugar and textiles is the looming issue of remaining competitive in a quickly changing global environment. The statistics on …
Persistent link: https://www.econbiz.de/10011244132
validity of the sticky information model (Mankiw and Reis, 2002) for describing the dynamics of professional growth forecasts …. Instead, the empirical evidence is more in line with implications of "noisy" information models (Woodford, 2002; Sims, 2003 …). Second, we find that information rigidities are more pronounced in emerging economies than advanced economies. Third, there …
Persistent link: https://www.econbiz.de/10011242185
International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been … center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in …
Persistent link: https://www.econbiz.de/10010959471
This 2006 Article IV Consultation highlights that with generally prudent macroeconomic policies, Namibia has enjoyed robust growth, moderate inflation, and strong external surpluses. Growth is expected to increase to 4½ percent in 2006, after 4¼ percent in 2005, owing in part to a recovery...
Persistent link: https://www.econbiz.de/10011244194
This paper discusses key findings of the 2005 Status Report on Poverty Reduction Strategy Paper (PRSP) on Niger. The report is based on an assessment of economic and financial performance and sectoral policy and strategy implementation in 2005. The findings reveal that implementation of the...
Persistent link: https://www.econbiz.de/10011244221
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528