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Panama; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper for Panama reports that the administration is developing a strategy to enhance growth and competitiveness in the Panamanian economy. Corruption is perceived as a widespread phenomenon that has affected both private and public sectors in Panama at various levels of...
Persistent link: https://www.econbiz.de/10005825099
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Public Expenditure Policy and the Environment; A Review and Synthesis
Miranda, Kenneth M.; Parry, Ian W.H.; Gupta, Sanjeev - International Monetary Fund (IMF) - 1993
subsidies, increased operations and maintenance expenditures, and a thorough environmental assessment of capital projects will …
Persistent link: https://www.econbiz.de/10005825826
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Subsidy Reforms and Poverty Alleviation
Bhambhri, Chandra Prakash; Chander, Parkash - International Monetary Fund (IMF) - 2001
This paper presents a general framework for characterizing the optimal pattern of subsidies for poverty alleviation … under budgetary constraints and suggests possible reforms for the existing pattern of subsidies. The government may …
Persistent link: https://www.econbiz.de/10005825884
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Outcomes-Based Conditionality; Its Role and Optimal Design
Ivanova, Anna - International Monetary Fund (IMF) - 2006
The paper employs a principal-agent framework to analyze the role and design of outcomesbased conditionality in the presence of market frictions and domestic opposition. The results suggest that outcomes-based conditionality is a good option for the IMF when opposition to reforms is relatively...
Persistent link: https://www.econbiz.de/10005826217
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A Superior Hybrid Cash-Flow Taxon Corporations
Zee, Howell H. - International Monetary Fund (IMF) - 2006
This paper proposes a new hybrid cash-flow tax on corporations that, on one hand, taxes only excess corporate profits as they accrue, and, on the other hand, treats real and financial transactions neutrally. It is, therefore, a superior tax compared to the cash-flow tax on real transactions that...
Persistent link: https://www.econbiz.de/10005826259
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Real and Distributive Effects of Petroleum Price Liberalization; The Case of Indonesia
Clements, Benedict J.; Gupta, Sanjeev; Jung, Hong-Sang - International Monetary Fund (IMF) - 2003
The impact of higher petroleum prices on the aggregate price level, real growth, and income distribution is appraised within a multisector computable general equilibrium (CGE) model. A reduction in the government subsidy raises petroleum prices and production costs throughout the economy....
Persistent link: https://www.econbiz.de/10005826502
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The New Protectionism in Industrial Countries: Beyond the Uruguay Round
Irwin, Douglas A. - International Monetary Fund (IMF) - 1994
Persistent link: https://www.econbiz.de/10005826698
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Iran; The Chronicles of the Subsidy Reform
Guillaume, Dominique M.; Zytek, Roman; Farzin, Mohammad Reza - International Monetary Fund (IMF) - 2011
major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical …
Persistent link: https://www.econbiz.de/10009203528
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Energy Subsidies in Latin America and the Caribbean: Stocktaking and Policy Challenges
Bella, Gabriel Di; Norton, Lawrence; Ntamatungiro, Joseph; … - International Monetary Fund (IMF) - 2015
The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This … paper assesses energy subsidies in Latin America and the Caribbean—about 1.8 percent of GDP in 2011–13 (approximately … subsidize electricity, as are Central America and the Caribbean. Energy subsidies impose fiscal costs, hurting SOEs …
Persistent link: https://www.econbiz.de/10011242202
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Energy Subsidies and Energy Consumption; A Cross-Country Analysis
Charap, Joshua; Silva, Arthur Ribeiro da; Rodriguez, Pedro C - International Monetary Fund (IMF) - 2013
The economic and environmental implications of energy subsidies have received renewed attention from policymakers and … subsidies on energy consumption. In this paper we analyze a panel of cross-country data to explore the responsiveness of energy … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy …
Persistent link: https://www.econbiz.de/10011242222