Showing 1 - 10 of 1,100
emphasis on two case studies (Azerbaijan and Ukraine). The paper''s policy conclusions point to the need to increase energy …
Persistent link: https://www.econbiz.de/10014399703
Azerbaijan. The standard “Dutch disease” model is modified to capture the special conditions of transition economies, with … problems. The paper describes a medium-term policy strategy for Azerbaijan, relating its prospects to the experience in the … 1970s of Ecuador, Indonesia, and Nigeria. The adverse effects of the Dutch disease may be avoided if Azerbaijan pursues …
Persistent link: https://www.econbiz.de/10014400827
This paper analyzes developments in non-oil tax policy, administration, and revenues in Azerbaijan, and suggests … measures for further improvement. The main finding is that Azerbaijan''s non-oil tax revenues increased significantly as a …
Persistent link: https://www.econbiz.de/10014401629
rapid scaling-down in the context of Azerbaijan''s current temporary oil production boom. To this end, it relies on a review …
Persistent link: https://www.econbiz.de/10014401834
A key priority for the Gulf Cooperation Council (GCC) countries is to create a dynamic non-oil tradable sector to support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to diversify away from oil stems mainly from market...
Persistent link: https://www.econbiz.de/10014411637
Policymakers in oil-exporting countries confront the question of how to allocate oil revenues among consumption, saving, and investment in the face of high income volatility. We study this allocation problem in a precautionary saving and investment model under uncertainty. Consistent with data...
Persistent link: https://www.econbiz.de/10014396894
Persistent link: https://www.econbiz.de/10009424690
Persistent link: https://www.econbiz.de/10010441880
This paper proposes an approach to track US$1 trillion of emerging market government debt held by foreign investors in local and hard currency, based on a similar approach that was used for advanced economies (Arslanalp and Tsuda, 2012). The estimates are constructed on a quarterly basis from...
Persistent link: https://www.econbiz.de/10014411133
attracted increasing interest from the international community with the G-20, IMF, and World Bank Group assuming an active role …
Persistent link: https://www.econbiz.de/10014411145