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2 Adjustment and Internal-External Balance »
Source: Macroeconomic Management : Programs and Policies
Series: Books
Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 April 2002
ISBN: 9781589060944
Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates
This chapter provides a framework for determining the appropriate mix of monetary, fiscal, and exchange rate policies for correcting macroeconomic imbalances. It discusses the design of macroeconomic adjustm...

Appendix I. Seminar Participants »
Source: Value-Added Tax : Administrative and Policy Issues
Series: Occasional Papers
Author(s): Alan Tait
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751843
Keywords: vat, tax administration, tax return, sales tax, tax department
Bangladesh S.M. Akram Member National Board of Revenue Fouzul Kabir Khan First Secretary...

9 Assessment of the Fiscal Balance »
Source: Macroeconomic Management : Programs and Policies
Series: Books
Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 April 2002
ISBN: 9781589060944
Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates
One of the primary goals of fiscal policy is to contribute to price stabilization in the context of a sustainable balance of payments. 1 To attain this objective, public sector fi...

1 Banks »
Source: Taxing the Financial Sector : Concepts, Issues, and Practice
Series: Books
Author(s): Howell Zee
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 April 2004
ISBN: 9781589063167
Keywords: financial services, financial institutions, pension, life insurance, tax rules
Traditionally, the core functions of banking were to (1) accept money from, and collect checks for, customers; (2) honor checks for orders drawn on them by customers; (3) keep current accounts, or something...

5 Current Account Sustainability »
Source: Macroeconomic Management : Programs and Policies
Series: Books
Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 April 2002
ISBN: 9781589060944
Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates
The current account of the balance of payments is an important variable for policymakers. Deficits in the external current account are the result of the accumulation of net claims of foreigners on residents....

10 Determinants of Nominal Exchange Rates: A Survey of the Literature »
Source: Macroeconomic Management : Programs and Policies
Series: Books
Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 April 2002
ISBN: 9781589060944
Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates
Traditional models of exchange rate determination have focused on three types of explanatory variables: national price levels, interest rates, and the balance of payments. Although the perception that exchan...

3 Do IMF-Supported Programs Work? A Survey of the Cross-Country Empirical Evidence »
Source: Macroeconomic Management : Programs and Policies
Series: Books
Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 April 2002
ISBN: 9781589060944
Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates
The IMF plays a central role in the adjustment efforts of its member countries by assisting in the design of appropriate adjustment programs to achieve viability of the balance of payments, price stability,...

Does the Gap Model Work in Asia? »
Source: IMF Staff papers : Volume 44 No. 1
Volume: 44
Series: IMF Staff Papers
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1997
ISBN: 9781451957112
Keywords: labor market, unemployment rate, labor market policies, unemployment benefits, unemployed
This paper argues that an important group of labor market policies are complementary in the sense that the effect of each policy is greater when implemented in conjunction with the other policies than in isolation....

5 Financial Services and the Value-Added Tax* »
Source: Taxing the Financial Sector : Concepts, Issues, and Practice
Series: Books
Author(s): Howell Zee
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 April 2004
ISBN: 9781589063167
Keywords: financial services, financial institutions, pension, life insurance, tax rules
The value-added tax (VAT) has been adopted in over 100 countries. While the VAT base has been expanded in many countries to cover a wider range of goods and services, most countries with a VAT have not broug...

8 Fiscal Policy and Macroeconomic Management »
Source: Macroeconomic Management : Programs and Policies
Series: Books
Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 April 2002
ISBN: 9781589060944
Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates
Fiscal policy is defined as the government’s measures to guide and control spending and taxation. The traditional view is that fiscal policy performs three main functions: allocation, distributi...