Showing 1 - 10 of 292
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
accumulated during the boom has led to a sharp economic contraction. Capital inflows came to a halt in late 2008 and reversed in …
Persistent link: https://www.econbiz.de/10011244569
This paper presents a model of a multinational firm's optimal debt policy that incorporates international taxation … multinationals have an incentive to shift debt to high-tax countries. The predictions of the model are tested using a novel firm … treatment of dividend and interest streams. Our empirical results show that corporate debt policy indeed not only reflects …
Persistent link: https://www.econbiz.de/10005825596
dependent variables, that holding longer-term debt maturity structure is the factor that works in the firms' favor during sudden …
Persistent link: https://www.econbiz.de/10005604820
of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …
Persistent link: https://www.econbiz.de/10010790356
As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth … the business climate. Third, improving SME access to finance, notably by encouraging venture capital investment in …
Persistent link: https://www.econbiz.de/10008777031
. 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
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
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
and caused serious fiscal losses. The new financing strategy is based on issuing debt instruments in the regional … financial market to improve the domestic debt profile. IMF staff recommends completion of the second review, granting of waivers …
Persistent link: https://www.econbiz.de/10011244185