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Tariff-Tax Reforms in Large Economies
Tervala, Juha; Ganelli, Giovanni - International Monetary Fund (IMF) - 2012
and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries …
Persistent link: https://www.econbiz.de/10010790310
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VAT, Tariffs, and withholding; Border Taxes and Informality in Developing Countries
Keen, Michael - International Monetary Fund (IMF) - 2007
optimally deployed, it is shown, then the usual prescription that a small economy should not deploy tariffs remains valid even …
Persistent link: https://www.econbiz.de/10005599307
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Singapore; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Singapore
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation highlights that Singapore’s economy has recovered rapidly since mid-2003, having weathered a series of adverse shocks since the Asian crisis. This turnaround owes much to a favorable external environment, supportive macroeconomic policies, and continued...
Persistent link: https://www.econbiz.de/10011245850
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Macroeconomic Implications of Financial Dollarization; The Case of Uruguay
Gelos, Gaston; Mejía, Alejandro López; Piñón-Farah, … - International Monetary Fund (IMF) - 2008
Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets,...
Persistent link: https://www.econbiz.de/10011245904
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Trade Policy with Heterogeneous Traders; Do Quotas Get a Bum Rap?
Krishna, Kala; Tan, Ling Hui - International Monetary Fund (IMF) - 2007
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who … conventional ranking of tariffs and quotas is turned on its head: quotas are not as bad for welfare as previously believed, while … tariffs may restrict trade by more than originally intended. Furthermore, the allocation of property rights (quota licenses …
Persistent link: https://www.econbiz.de/10005248181
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Unionization and Strategic Trade Policy
Swagel, Phillip; Tan, Ling Hui - International Monetary Fund (IMF) - 2000
This paper examines the effect of unionization on welfare and trade policy in a model of duopolists competing in a third market. It shows that the traditional result that the presence of a union necessitates a stronger strategic trade policy to reach the optimal level of welfare depends on the...
Persistent link: https://www.econbiz.de/10005248209
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Econometric Analysis of Industrial Country Commodity Exports
Kumar, Manmohan S. - International Monetary Fund (IMF) - 1992
This paper examines the composition of primary commodity exports by industrial countries and contrasts this composition with that of the exports by developing countries. Both the share of industrial countries’ commodity exports in world commodity exports, as well as in their own total...
Persistent link: https://www.econbiz.de/10005263890
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Will a Regional Bloc Enlarge?
Albertin, Giorgia - International Monetary Fund (IMF) - 2007
This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional...
Persistent link: https://www.econbiz.de/10005263932
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Dynamic Gains From Trade; Evidence From South Africa
Subramanian, Arvind; Jonsson, Gunnar - International Monetary Fund (IMF) - 2000
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It uses (i) a time series approach where trade is defined in terms of aggregate outcomes, i.e., as the share of imports plus exports in GDP, and (ii) a cross sectional approach,...
Persistent link: https://www.econbiz.de/10005264046
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Does Sequencing of Privatization Matter in Reforming Planned Economies?
Husain, Aasim M.; Sahay, Ratna - International Monetary Fund (IMF) - 1992
Although a centerpiece of the reform process in Central and Eastern Europe, large-scale privatization cannot be undertaken all at once and policymakers inevitably face the choice of privatizing some sectors before others. This paper analyzes the allocative efficiency implications of alternate...
Persistent link: https://www.econbiz.de/10005264168