Theory and evidence on government taxation policy. Topics include tax incidence; optimal tax theory; the effect of taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure policy. From the course home page: Course Description...

Studies the services provided by Islamic banks and considers measures to facilitate their role in the financing of small and medium enterprises in Africa.

The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...

This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks participating in the global market of interbank syndicated...

En esta edición de Microempresa se presentan dos artículos principales. En el primero, se examina por qué siendo las instituciones microfinancieras (IMF) una oportunidad atractiva para los inversores privados, son tan pocos los inversores financieros y sociales privados que proveen fondos a...

This report (RE-305) presents the evaluation conducted by the Office of Evaluation and Oversight of the Bank's program with Panama from 1991 to 2003. Its intent is to describe for the Bank's Directors the outcomes of the institution's activity in Panama and extract lessons that can help make...