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Africa's Got Work to Do

Africa's Got Work to Do »

Source: Africa's Got Work to Do : Employment Prospects in the New Century

Volume/Issue: 2013/201

Series: IMF Working Papers

Author(s): Louise Fox , Cleary Haines , Jorge Huerta Munoz , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2013

ISBN: 9781484389195

Keywords: wage employment, household enterprises, labor, General, Labor Force and Employment, Size, and Structure, Sub-Saharan Africa.,

Estimates of the current and future structure of employment in sub-Saharan Africa (2005–20) are obtained based on household survey estimates for 28 countries and an elasticity-type model that relates employm...

Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Implications for the Mekong-3 Countries

Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Implications for the Mekong-3 Countries »

Source: Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Implications for the Mekong-3 Countries

Volume/Issue: 2007/53

Series: IMF Working Papers

Author(s): Patrizia Tumbarello

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866179

Keywords: regional trade agreements, gravity model, trade diversion, Mekong countries, panel data, regional trade, trade agreements, free trade, rules of origin, Country and Industry Studies of Trade

Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some li...

Budget Support Versus Project Aid

Budget Support Versus Project Aid »

Source: Budget Support Versus Project Aid

Volume/Issue: 2003/88

Series: IMF Working Papers

Author(s): Tito Cordella , and Giovanni Dell'Ariccia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451851182

Keywords: aid policy, asymmetric information, empirical growth models, budget support, budget surplus, capital expenditures, budget constraint, capital expenditure, Asymmetric and Private Information, Welfare and Poverty: General

Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the develo...

Collect More, Spend Better

Collect More, Spend Better »

Source: Collect More, Spend Better : Public Investment in Asian Frontier Markets

Volume/Issue: 2017/10

Series: IMF Working Papers

Author(s): Manuk Ghazanchyan , Ricardo Marto , Jiri Jonas , and Kaitlyn Douglass

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2017

ISBN: 9781475570892

Keywords: Southeast Asia, Sri Lanka, Tax collection, Vietnam, Capital expenditure, Public investment, Fiscal policy, Emerging markets, Cambodia, Debt sustainability

We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue col...

Environmental Tax Reform

Environmental Tax Reform »

Source: Environmental Tax Reform : Principles from Theory and Practice to Date

Volume/Issue: 2012/180

Series: IMF Working Papers

Author(s): Ian Parry , John Norregaard , and Dirk Heine

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

ISBN: 9781475505283

Keywords: design principles, externalities, fuel taxes, country evaluation, environmental tax, tax systems, tax reform, tax system, Nonrenewable Resources and Conservation: Government Policy, Energy: Government Policy,

This paper recommends a system of upstream taxes on fossil fuels, combined with refunds for downstream emissions capture, to reduce carbon and local pollution emissions. Motor fuel taxes should also account for con...

Evidenceon the Fiscal and Macroeconomic Impact of Privatization

Evidenceon the Fiscal and Macroeconomic Impact of Privatization »

Source: Evidenceon the Fiscal and Macroeconomic Impact of Privatization

Volume/Issue: 2000/130

Series: IMF Working Papers

Author(s): Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

ISBN: 9781451855180

Keywords: privatization proceeds, impact of privatization, equation, samples

This paper empirically investigates the relationship between privatization and measures of fiscal and macroeconomic performance. One of the main findings is that privatization proceeds transferred to the budget ten...

Export Quality in Developing Countries

Export Quality in Developing Countries »

Source: Export Quality in Developing Countries

Volume/Issue: 2013/108

Series: IMF Working Papers

Author(s): Christian Henn , Chris Papageorgiou , and Nicola Spatafora

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2013

ISBN: 9781484351635

Keywords: Product Quality, Upgrading, export quality, exporter, exporters, commodity exporters, Country and Industry Studies of Trade, Information and Product Quality,

This paper develops new, far more extensive estimates of export quality, covering 178 countries and hundreds of products over 1962–2010. Quality upgrading is particularly rapid during the early stages of dev...

Food Prices and the Multiplier Effect of Trade Policy*

Food Prices and the Multiplier Effect of Trade Policy* »

Source: Food Prices and the Multiplier Effect of Trade Policy

Volume/Issue: 2014/182

Series: IMF Working Papers

Author(s): Paolo Giordani , Nadia Rocha , and Michele Ruta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 September 2014

ISBN: 9781498320382

Keywords: Loss aversion, Multiplier effect, Food crisis, domestic price, world price, global trade, import tariff, import subsidy, International Relations and International Political Economy: Other, Global Commodity Crises

This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss averse, governments may use trade policy to shield the domestic economy from large food price shocks...

From Toronto Terms to the HIPC Initiative

From Toronto Terms to the HIPC Initiative »

Source: From Toronto Terms to the HIPC Initiative : A Brief History of Debt Relief for Low-Income Countries

Volume/Issue: 1999/142

Series: IMF Working Papers

Author(s): Christina Daseking , and Robert Powell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781451856231

Keywords: External Debt, HIPCs, Low-Income Countries, debt, debt reduction, debt relief, creditors, debt service

The low-income country debt crisis had its origins in weak macroeconomic policies, and official creditors’ willingness to take risks unacceptable to private lenders. Payments problems were initially addresse...

The IMF and the force of History

The IMF and the force of History »

Source: The IMF and the force of History : Ten Events and Ten Ideas that Have Shaped the Institution

Volume/Issue: 2004/75

Series: IMF Working Papers

Author(s): James Boughton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2004

ISBN: 9781451849769

Keywords: postwar economic history, international financial institutions, monetary fund, inflation, monetary policy, international monetary system, International Monetary Arrangements and Institutions, Economic History: Financial Markets and Institutions: General, International, or Comparative,

The International Monetary Fund was designed during World War II by men whose worldview had been shaped by the Great War and the Great Depression. Their views on how the postwar international monetary system should...