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Managing fiscal risks from national airlines in Pacific Island countries

Balasundharam, Vybhavi; Hunter, Leni; Lavea, Iulai; … - 2021

Pacific island countries (PICs) rely on national airlines for connectivity, trade, and tourism. These airlines are being struck hard by COVID-19. Losses will weigh on public sector balance sheets and pose risks to economic recovery. With a backdrop of tight fiscal space and increasing government...

Persistent link: https://www.econbiz.de/10012605642

Implementing the United States' domestic and international climate mitigation goals : a supportive fiscal policy approach

Parry, Ian W. H. - 2021

The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...

Persistent link: https://www.econbiz.de/10012518755

Indirect Taxeson International Aviation

Strand, Jon - 2006

This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...

Persistent link: https://www.econbiz.de/10014400375

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

a high level of competition. What a country produces and how much it competes domestically and internationally are …

Persistent link: https://www.econbiz.de/10012517949

Global declining competition

Díez, Federico J.; Fan, Jiayue; Villegas-Sánchez, Carolina - 2019

power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …

Persistent link: https://www.econbiz.de/10012019850

How do regulations of entry and credit access relate to industry competition? : international evidence

Igan, Deniz; Mirzaei, Ali; Moore, Tomoe - 2018

We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …

Persistent link: https://www.econbiz.de/10011848240

The short-term impact of product market reforms : a cross-country firm-level analysis

Gál, Peter; Hijzen, Alexander - 2016

This paper analyzes the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis. It provides four key insights. First, product market reforms...

Persistent link: https://www.econbiz.de/10011711526

Intellectual Property Rights and International RandD Competition

Scandizzo, Stefania - 2001

participation in the World Trade Organization, or, more controversially, some form of bilateral punishment, may be used …

Persistent link: https://www.econbiz.de/10014401239

Are More Competitive Banking Systems More Stable?

Cihák, Martin - 2006

for competition in 38 countries during 1980-2003, we present evidence that more competitive banking systems are less prone …

Persistent link: https://www.econbiz.de/10014402240

Competition vs. stability : oligopolistic banking system with run risk

Capelle, Damien - 2021

This paper develops a model where large financial intermediaries subject to systemic runs internalize the effect of their leverage on aggregate risk, returns and asset prices. Near the steady-state, they restrict leverage to avoid the risk of a run which gives rise to an accelerator effect. For...

Persistent link: https://www.econbiz.de/10012604798

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