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Tax Administration Reform in the Francophone Countries of Sub-Saharan Africa
Fossat, Patrick; Bua, Michel - International Monetary Fund (IMF) - 2013
conditions for successful modernization of the tax administration shows that significant changes are needed to ensure better …
Persistent link: https://www.econbiz.de/10010790270
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Customs Administration Reform and Modernization in Francophone Sub-Saharan Africa, 1995–2010
Montagnat-Rentier, Gilles; Parent, Gilles - International Monetary Fund (IMF) - 2012
This paper outlines reforms that have been achieved in the modernization of the customs administrations of francophone … collection and improve trade facilitation in a number of countries. However, the pace and scope of modernization remains … accelerate the modernization of customs in francophone sub-Saharan Africa. …
Persistent link: https://www.econbiz.de/10011142056
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Indonesia; Anatomy of a Banking Crisis
Kovanen, Arto; Frécaut, Olivier; Baldwin, Barbara E.; … - International Monetary Fund (IMF) - 2001
This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the...
Persistent link: https://www.econbiz.de/10005826629
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The Breakdown of Credit Relations Under Conditions of a Banking Crisis; A Switching Regime Approach
Muñoz, Sònia - International Monetary Fund (IMF) - 2000
This paper empirically analyzes the effects of a banking crisis on bank credit to the private sector for a panel of developing, developed, and transition economies for the period 1970-1998. The model illustrates how the behavior of the bank credit function changes during a banking crisis,...
Persistent link: https://www.econbiz.de/10005826645
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Monitoring Systemic Risk Based on Dynamic Thresholds
Lund-Jensen, Kasper - International Monetary Fund (IMF) - 2012
Successful implementation of macroprudential policy is contingent on the ability to identify and estimate systemic risk in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and this conditional probability is modeled in a fixed effect...
Persistent link: https://www.econbiz.de/10011242269
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Assessing the Impact and Phasing of Multi-year Fiscal Adjustment; A General Framework
Bi, Ran; Qu, Haonan; Roaf, James - International Monetary Fund (IMF) - 2013
This paper provides a general framework to assess the output and debt dynamics of an economy undertaking multi-year fiscal adjustment. The framework allows country-specific assumptions about the magnitude and persistence of fiscal multipliers, hysteresis effects, and endogenous financing costs....
Persistent link: https://www.econbiz.de/10011242376
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Interconnectedness, Systemic Crises and Recessions
Espinosa-Vega, Marco A; Russell, Steven - International Monetary Fund (IMF) - 2015
This relatively simple model attempts to capture and integrate four widely held views about financial crises. [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of information about the quality of bank portfolios...
Persistent link: https://www.econbiz.de/10011242384
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Central Banking in Latin America: From the Gold Standard to the Golden Years
Jácome, Luis Ignacio - International Monetary Fund (IMF) - 2015
This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central...
Persistent link: https://www.econbiz.de/10011242432
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Romania; First Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification and Establishment of Performance Cr...
International Monetary Fund (IMF); International … - 2009
The contraction in Romania’s domestic demand has set off a sharp correction in external imbalances and helped ease pressures on inflation. Real GDP contracted by 7.6 percent in the first half of 2009, compared with 2 percent projected under the program, on account of a sharp drop in...
Persistent link: https://www.econbiz.de/10011242643
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Ukraine; Second Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2009
This paper discusses key findings of the Second Review for Ukraine under the Stand-By Arrangement and request for modification of performance criteria. Policy implementation has been broadly in line with the program. The end-May quantitative performance criteria on base money, net international...
Persistent link: https://www.econbiz.de/10011242665