Showing 1 - 10 of 393
This study focused on environmental tax measures, and on allocation, pricing, and taxation of Iceland’s major hydropower and geothermal resources. Measures to secure the tax base for the corporate income tax (CIT) are proposed. Taxation of the financial sector can be improved by a number...
Persistent link: https://www.econbiz.de/10011245073
This paper reviews trends in capital flows and capital-like flows such as official grants and remittances to low … across major regions, countries with differing commodity export composition, and countries with differing debt relief status …
Persistent link: https://www.econbiz.de/10005825777
This paper examines how the macroeconomic effects of capital controls vary depending on which type of international … financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds …, in an error-correction model, that capital controls generally have statistically insignificant effects on the exchange …
Persistent link: https://www.econbiz.de/10005263719
and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … that the price of capital may have been significantly distorted in the 1990s and 2000s. The distortion could have been …
Persistent link: https://www.econbiz.de/10005769167
The 2009 Article IV Consultation highlights that the near-term outlook for Belgium is challenging, with real GDP expected to drop by about 3 percent in 2009 and a gradual recovery projected for 2010. The unemployment rate will continue to rise in 2010, and inflation pressures are expected to...
Persistent link: https://www.econbiz.de/10011242736
. The Bank of Lithuania’s measures in recent years to strengthen banks’ capital bases and encourage strong risk …
Persistent link: https://www.econbiz.de/10011243431
Strong growth in investment made a key contribution to the economic recovery in Argentina earlier this decade. The paper uses firm-level data to assess changes in financing constraints and the linkages between real investment at the firm level and macroeconomic developments in the real exchange...
Persistent link: https://www.econbiz.de/10008561085
This 2007 Article IV Consultation underlies that strong macroeconomic policies have enabled Cambodia to achieve impressive growth and make inroads into poverty. Supported by prudent fiscal and monetary policies that have strengthened the economy’s resilience to shocks, growth has averaged...
Persistent link: https://www.econbiz.de/10011244160
In April 2009, the Boards of Executive Directors of the International Development Association (IDA) and the International Monetary Fund (IMF) agreed that Côte d’Ivoire had met the requirements for reaching the decision point under the Enhanced Heavily Indebted Poor Countries (HIPC)...
Persistent link: https://www.econbiz.de/10011244164
Albania enjoyed strong growth with comparatively benign external vulnerabilities before the crisis. Monetary policy provided timely support, and the exchange rate functioned as a shock absorber. However, policy buffers are now exhausted and must be rebuilt. Fiscal tightening has to be quickly...
Persistent link: https://www.econbiz.de/10011244179