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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - International Monetary Fund (IMF) - 2015
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …€”an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries …. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on …
Persistent link: https://www.econbiz.de/10011242236
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
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Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns
Diallo, Oumar; Tapsoba, Sampawende J.-A. - International Monetary Fund (IMF) - 2014
This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA’s business cycle has not only moved in the same direction as that of the RoW, but has also gradually drifted away...
Persistent link: https://www.econbiz.de/10011142171
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Vacation Over; Implications for the Caribbean of Opening U.S.-Cuba tourism
Romeu, Rafael - International Monetary Fund (IMF) - 2008
An opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study models the impact of such a potential opening by estimating a counterfactual that captures the current bilateral restriction on tourism between the two countries. After controlling...
Persistent link: https://www.econbiz.de/10005605239
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Kyrgyz Republic; Poverty Reduction Strategy Paper: Country Development Strategy (2007: 2010)
International Monetary Fund (IMF); International … - 2007
This paper analyzes progress on the Poverty Reduction Strategy Paper—Country Development Strategy (PRSP–CDS) in the Kyrgyz Republic for 2007–10. The CDS is the most important concept paper that outlines midterm vision of the Kyrgyz Republic. The paper also discusses that...
Persistent link: https://www.econbiz.de/10011242472
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Food Inflation in India: The Role for Monetary Policy
Anand, Rahul; Ding, Ding; Tulin, Volodymyr - International Monetary Fund (IMF) - 2014
that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …
Persistent link: https://www.econbiz.de/10010959475
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India: Selected Issues Paper
International Monetary Fund (IMF); International … - 2015
economies (EMs) including India. The results suggest that a surge in global financial market volatility is transmitted very …
Persistent link: https://www.econbiz.de/10011244601
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India; Financial Sector Assessment Program—Detailed Assessments Report on IOSCO Objectives and Principles of Securities Regulation
International Monetary Fund (IMF); International … - 2013
) Objectives and Principles of Securities Regulation for India. India exhibits significant progress in the implementation of the … IOSCO Principles vis-à-vis the assessment concluded in 2000. The Securities and Exchange Board of India (SEBI) faces three …
Persistent link: https://www.econbiz.de/10011244640
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India: 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for India
International Monetary Fund (IMF); International … - 2015
This 2015 Article IV Consultation highlights that India’s near-term growth outlook has improved, and the balance of risks is now more favorable, helped by increased political certainty, several positive policy actions, improved business confidence, and reduced external vulnerabilities....
Persistent link: https://www.econbiz.de/10011245027
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India: Staff Report for 2014 Article IV Consultation
International Monetary Fund (IMF); International … - 2014
deteriorated. The principal risk facing India is the inward spillover from global financial market volatility. Growth is projected …
Persistent link: https://www.econbiz.de/10011245170