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Treatment of Mobile Phone Licences in the National Accounts
Mæhle, Nils Øyvind; Dippelsman, Robert - International Monetary Fund (IMF) - 2001
The treatment of license payments in the national accounts has become increasingly important in recent years; with mobile phone licenses being auctioned for substantial values in several countries. Because the text of the System of National Accounts 1993 does not provide specific guidance on...
Persistent link: https://www.econbiz.de/10005825893
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Tax Concessions and Foreign Direct Investmentin the Eastern Caribbean Currency Union
Chai, Jingqing; Goyal, Rishi - International Monetary Fund (IMF) - 2008
Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct...
Persistent link: https://www.econbiz.de/10005826331
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Domestic Taxes and International Trade; Some Evidence
Keen, Michael; Syed, Murtaza H. - International Monetary Fund (IMF) - 2006
The effects on trade performance of corporate taxes and the value-added tax (VAT) continue to excite controversy but have received little empirical attention. This paper uses panel data for OECD countries from 1967 to 2003 to examine the effects of these taxes on export performance, paying...
Persistent link: https://www.econbiz.de/10005604939
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Economic Diversification in LICs; Stylized Facts and Macroeconomic Implications
Papageorgiou, Chris; Spatafora, Nicola - International Monetary Fund (IMF) - 2012
Limited diversification is an underlying characteristic of many low-income countries (LICs). Concentration in sectors with limited scope for increases in productivity and quality may result in less broad-based and sustainable growth. Moreover, lack of diversification may increase exposure to...
Persistent link: https://www.econbiz.de/10011245889
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Vietnam; Bayesian Estimation of Output Gap
Maliszewski, Wojciech - International Monetary Fund (IMF) - 2010
The paper constructs a new output gap measure for Vietnam by applying Bayesian methods to a two-equation AS-AD model …
Persistent link: https://www.econbiz.de/10008560446
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Inflation Dynamics and Monetary Policy Transmission in Vietnam and Emerging Asia
Bhattacharya, Rina - International Monetary Fund (IMF) - 2013
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …
Persistent link: https://www.econbiz.de/10010790430
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Infrastructure and Income Distribution in ASEAN-5; What are the Links?
Seneviratne, Dulani; Sun, Yan - International Monetary Fund (IMF) - 2013
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both...
Persistent link: https://www.econbiz.de/10011242245
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Vietnam: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Vietnam
International Monetary Fund (IMF); International … - 2014
KEY ISSUES Context. Economic performance has improved over the last year. The recovery is taking hold, although domestic activity remains weak, in part constrained by weak banks and inefficient state-owned enterprises (SOEs). Inflation has declined, the current account remains in large surplus,...
Persistent link: https://www.econbiz.de/10011243354
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Reforming the Corporate Governance of Italian Banks
Jassaud, Nadège - International Monetary Fund (IMF) - 2014
Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges arising from the role played by foundations and large...
Persistent link: https://www.econbiz.de/10010959465
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Italy: Technical Note on Financial Risk Management and Supervision of Cassa Di Compensazione e Garanzia S.P.A.
International Monetary Fund (IMF); International … - 2013
&G) in Italy. CC&G, the Italian central counterparty (CCP), is systemically important for the Italian market, and through the …
Persistent link: https://www.econbiz.de/10011244603