Showing 1 - 10 of 813
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
Given the large size of aggregate remittance flows (billions of dollars annually), they should be expected to have significant macroeconomic effects on the economies that receive them. This paper directly addresses the two main issues of interest to policymakers with regard to remittances--how...
Persistent link: https://www.econbiz.de/10010790498
This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education...
Persistent link: https://www.econbiz.de/10008540936
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal...
Persistent link: https://www.econbiz.de/10005590939
This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and empirical studies into a stylized analytical framework that reflects realistic...
Persistent link: https://www.econbiz.de/10005604851
The government of the Kyrgyz Republic is determined to consolidate its finances over the coming years. This note describes the main elements of the tax regime in the Kyrgyz Republic, looks into tax incentives, and provides some reform options to raise revenues. The second note is on monetary...
Persistent link: https://www.econbiz.de/10011242631
This report is a full assessment of Brazil’s compliance with the Insurance Core Principles (ICPs) of the … International Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the last few years, the Brazilian insurance … industry experienced an explosive growth doubling the premium between 2005 and 2010. Investments by the insurance sector are …
Persistent link: https://www.econbiz.de/10011242544
The main objective of the assessment was to analyze and observe the implementation of the International Organization of Securities Commissions (IOSCO) Principles in Australia. The various responsibilities of the Australian Securities and Investments Commission (ASIC) were highlighted and the...
Persistent link: https://www.econbiz.de/10011242567
This paper discusses key findings of the Report on the Observance of Standards and Codes for Hong Kong Special Administrative Region (HKSAR). HKSAR has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision. The Hong Kong Monetary Authority (HKMA)...
Persistent link: https://www.econbiz.de/10011242700
This paper discusses the findings of Detailed Assessment of International Association of Insurance Supervisors (IAIS …) insurance core principles on Italy. Regulation and supervision of the insurance industry in Italy is the responsibility of the … newly established Institution for the Supervision of Insurance (IVASS). IVASS has reached international best practice in …
Persistent link: https://www.econbiz.de/10011243249