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How to Deal with Azerbaijan's Oil Boom? : Policy Strategies in a Resource-Rich Transition Economy
Rosenberg, Christoph B. - 1998
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
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Current and Proposed Non-Oil Tax System in Azerbaijan
International Monetary Fund - 2008
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
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Impact of Government Expenditureon Growth : The Case of Azerbaijan
International Monetary Fund - 2008
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
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Oil exporters’ dilemma : how much to save and how much to invest
Cherif, Reda; Hasanov, Fuad - 2012
Persistent link: https://www.econbiz.de/10009424690
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Soaring of the Gulf Falcons : diversification in the GCC oil exporters in seven propositions
Cherif, Reda; Hasanov, Fuad - 2014
Persistent link: https://www.econbiz.de/10010441880
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Issues in Domestic Petroleum Pricing in Oil-Producing Countries
Gupta, Sanjeev - 2002
This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices below free-market levels, resulting in implicit subsidies that equaled 3.0 percent of GDP, on...
Persistent link: https://www.econbiz.de/10014401649
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Oil Exporters' Dilemma : How Much to Save and How Much to Invest
Cherif, Reda - 2004
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
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Crises, labor market policy, and unemployment
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009572447
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Labor market flexibility and unemployment : new empirical evidence of static and dynamic effects
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Persistent link: https://www.econbiz.de/10009572457
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Fiscal policy and the current account : are microstates different?
Endegnanew, Yehenew; Amo-Yartey, Charles; Turner-Jones, … - 2012
This paper examines the empirical link between fiscal policy and the current account focusing on microstates defined as countries with a population of less than 2 million between 1970 and 2009. The paper employs panel regression and panel vector autoregression (VAR) on 155 countries of which 42...
Persistent link: https://www.econbiz.de/10009572529