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Tourism in East Caribbean Countries
International Monetary Fund - 1988
This paper studies recent developments in tourism in the East Caribbean countries (ECC) and reviews government policies … to support tourism. The paper also presents a model to explain the movements of tourist arrivals to the region during …
Persistent link: https://www.econbiz.de/10014396008
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Tourism Specialization and Economic Development : Evidence from the UNESCO World Heritage List
Piotrowski, John M. - 2009
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate … standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques … for a large cross-section of countries for the period 1980-2002. We introduce an instrument for tourism based on the …
Persistent link: https://www.econbiz.de/10014402466
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Can Regional Integration Accelerate Development in Africa? : CGE Model Simulations of the Impact of the SADC FTAon the Republic of Madagascar
Hallaert, Jean-Jacques - 2007
Madagascar plans to start phasing out its customs tariffs on imports from the Southern African Development Community in 2007. This paper uses a CGE model to evaluate the impact of the SADC FTA on Madagascar economy. The results suggest that the SADC FTA would only have a limited impact on...
Persistent link: https://www.econbiz.de/10014400346
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The Enforcement of Property Rights and Underdevelopment
Dabla-Norris, Era - 1999
This paper formalizes the role of legal infrastructure in economic development in a general equilibrium model with endogenously determined property rights enforcement. It illustrates the mutual importance of property rights protection and market production by the model’s multiplicity of...
Persistent link: https://www.econbiz.de/10014400855
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The dynamic implications of debt relief for low-income countries
Romero-Barrutieta, Alma Lucía - 2011
Persistent link: https://www.econbiz.de/10009424818
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How Does Financial Globalization Affect Risk Sharing? : Patterns and Channels
Terrones, Marco - 2007
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examines how international...
Persistent link: https://www.econbiz.de/10014400319
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Indirect Taxation in Developing Countries : A General Equilibrium Approach
Bovenberg, Ary Lars - 1986
Indirect taxes are an important element in stabilization tax packages that aim at raising revenue in the short run. This paper evaluates, by using a general equilibrium model, alternative instruments of indirect taxation in middle-income developing countries. It uses data for Thailand as an...
Persistent link: https://www.econbiz.de/10014396198
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The Dynamic Implications of Debt Relief for Low-Income Countries
Bulir, Ales - 2011
The effects of debt relief on incentives to accumulate debt, consume, and invest are an important concern for donors and recipients. Using a dynamic stochastic general equilibrium model of a small open economy with a minimum consumption requirement and an endogenous relief probability, we show...
Persistent link: https://www.econbiz.de/10014399176
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Devaluation and Monetary Policy in Developing Countries : A General Equilibrium Model for Economies Facing Financial Constraints
International Monetary Fund - 1987
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395940
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Poverty and Social Impact Analysis : A Suggested Framework
Hossain, Shahabuddin Mosherraf - 2003
Following the adoption by the international community of the Poverty Reduction Strategy Paper (PRSP) approach, which provides the basis for concessional lending by the multilateral institutions, there has been a resurgence of interest in the poverty and social impact analysis (PSIA) of different...
Persistent link: https://www.econbiz.de/10014403819