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Northern Star; Canada's Path to Economic Prosperity
Klyuev, Vladimir; Mühleisen, Martin; Bayoumi, Tamim - International Monetary Fund (IMF) - 2007
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
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People's Republic of China; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This staff report on People’s Republic of China 2013 Article IV Consultation highlights macroeconomic developments … and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …
Persistent link: https://www.econbiz.de/10011244201
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Do Inflows or Outflows Dominate? Global Implications of Capital Account Liberalization in China
Bayoumi, Tamim; Ohnsorge, Franziska - International Monetary Fund (IMF) - 2013
asset holdings. The model also suggests that capital account liberalization in China may trigger net portfolio outflows as …
Persistent link: https://www.econbiz.de/10010790306
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The Spillover Effects of a Downturn in China’s Real Estate Investment
Ahuja, Ashvin; Myrvoda, Alla - International Monetary Fund (IMF) - 2012
Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sectorâ … process relies primarily on collateral, like in China. As a result, the impact on economic activity of a collapse in real …€™s trading partners. Using a two-region factor-augmented vector autoregression model that allows for interaction between China …
Persistent link: https://www.econbiz.de/10011142057
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Taxes and Tradable Permits As Instruments for Controlling Pollution; Theory and Practice
Norregaard, John; Reppelin-Hill, Valérie - International Monetary Fund (IMF) - 2000
This paper examines the relative merits of two dominant economic instruments for reducing pollution—”green” taxes and tradable permits. Theoretically, the two instruments share many similarities, and on balance, neither seems preferable to the other. In practice, however, most countries...
Persistent link: https://www.econbiz.de/10005604886
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Togo; Poverty Reduction Strategy Paper (2009-11)
International Monetary Fund (IMF); International … - 2010
This paper focuses on Togo’s Poverty Reduction Strategy. The Interim Poverty Reduction Strategy Paper adopted by the government in March 2008 has allowed Togo once again to benefit from international financial cooperation. With a view to improving political and economic governance, the...
Persistent link: https://www.econbiz.de/10011244456
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Petroleum Product Subsidies; Costly, Inequitable, and On the Rise
Piotrowski, John M.; Coady, David; Tyson, Justin; … - International Monetary Fund (IMF) - 2010
Petroleum product subsidies have again started to increase with the rebound in international prices. This note reviews recent developments in subsidy levels and argues that reforming the policy framework for setting petroleum product prices is necessary to reduce the fiscal burden of these...
Persistent link: https://www.econbiz.de/10011245860
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Who's Going Green and Why? Trends and Determinants of Green Investment
Eyraud, Luc; Zhang, Changchang; Wane, Abdoul Aziz; … - International Monetary Fund (IMF) - 2011
sector and that its rapid growth is now mostly driven by China. Our econometric results suggest that green investment is …
Persistent link: https://www.econbiz.de/10009401202
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U.S. Fiscal Policies and Priorities for Long-Run Sustainability
Mühleisen, Martin; Towe, Christopher M. - International Monetary Fund (IMF) - 2004
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...
Persistent link: https://www.econbiz.de/10005824863
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Energy, the Exchange Rate, and the Economy; Macroeconomic Benefits of Canada'S Oil Sands Production
Bayoumi, Tamim; Mühleisen, Martin - International Monetary Fund (IMF) - 2006
This paper describes potential benefits from Canada's expanding oil sands production, higher energy exports, and further improvements in the terms of trade. Contrary to the previous Canadian exchange rate literature, this paper finds that both energy and nonenergy commodity prices have an...
Persistent link: https://www.econbiz.de/10005599560