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This paper provides an overview of global solid waste generation, its environmental costs, and fiscal instruments that can be used to encourage waste reduction and finance proper disposal. Countries-especially island nations--struggle to manage an ever-increasing volume of solid waste,...
Persistent link: https://www.econbiz.de/10012155061
) banks are lending on these funds to emerging market economies. Bank recycling of petro dollars to emerging market economies …
Persistent link: https://www.econbiz.de/10014401330
Following renewed academic and policy interest in the destination-based principle for taxing profits-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes. Specifically, it analyzes the Destination-Based Allowance for...
Persistent link: https://www.econbiz.de/10011932507
Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be...
Persistent link: https://www.econbiz.de/10014401366
The Austrian government is about to introduce a new fiscal management framework. The first step is to introduce a medium-term budgetary framework, including an expenditure rule. The paper focuses on this first step. The purpose is to describe and evaluate the Austrian model in light of other...
Persistent link: https://www.econbiz.de/10014401747
This paper investigates the currency reforms undertaken subsequent to the dissolution of the Austro-Hungarian Empire in 1918. The reforms were motivated by the lack of coordination of monetary policy and the absence of a rule for sharing seigniorage. Because the Successor States’ reforms were...
Persistent link: https://www.econbiz.de/10014398287
Austria faces significant population aging. This will increase public spending on pensions, health care, and long …-term care, while tax and social security revenues will fall. This paper analyzes the fiscal burden facing Austria due to aging … and the policy steps necessary to address it. The paper finds that Austria is not well prepared to meet the fiscal burden …
Persistent link: https://www.econbiz.de/10014399726
the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies a variant of such a …
Persistent link: https://www.econbiz.de/10014400269
Austria has probably the world’s highest pension expenditures relative to its economic size, largely because of the …
Persistent link: https://www.econbiz.de/10014400309
The "Great Trade Collapse" triggered by the 2008-09 crisis calls for a careful assessment of the trade losses from financial crises. We adopt a more detailed perspective by looking at the response of different types of trade (i.e. agricultural, mining, and manufactured goods, and services)...
Persistent link: https://www.econbiz.de/10012610647