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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
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The topics discussed in this report are tax regimes for small taxpayers (Chapter II) and the tax treatment of special economic zones (Chapter III). Although these aspects of the tax system have little direct effect on public finances, they affect many people and how those people make decisions...
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rebalancing would entail. The nature of the challenge differs across regional economies, as some, like China, need to raise … private consumption while others, like the ASEAN economies, need to raise investment. Given that China accounts for such a … various aspects of the rebalancing challenge in China.--Publisher's description …
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, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India … -- Korea -- China -- India -- Indonesia -- Speech by Obstfeld -- Monetary and exchange rate policies for sustained growth in … Asia -- Panel discussion …
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Can China and India continue to rank among the fastest expanding economies? This book highlights what has worked and …
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