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2 Adjustment and Internal-External Balance

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...

9 Assessment of the Fiscal Balance

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

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...

Collecting Taxes During an Economic Crisis

Collecting Taxes During an Economic Crisis »

Source: Collecting Taxes During an Economic Crisis : Challenges and Policy Options

Volume/Issue: 2009/17

Series: IMF Staff Position Notes

Author(s): John Brondolo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2009

ISBN: 9781462339440

Keywords: Financial crisis, Corporate sector, Collection of taxes, Fiscal policy, Tax collection, Tax administration, Tax revenues, Value added tax, taxpayers, tax agencies

The global financial and economic crisis presents major challenges for tax agencies. With the economic downturn, tax agencies are encountering emerging compliance problems and greater demands for taxpayer support i...

5 Current Account Sustainability

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

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

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?

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*

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...

FIRST

FIRST »

Source: FIRST : A Market-Based Approach to Evaluate Financial System Risk and Stability

Volume/Issue: 2005/232

Series: IMF Working Papers

Author(s): Renzo Avesani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2005

ISBN: 9781451862515

Keywords: Large Complex Financial Institutions, financial institutions, probability, probabilities, correlation, Financial Institutions and Services: Government Policy and Regulation,

This paper presents background work that has been the basis for the development of the market and credit risk indicators (MRI and CRI, respectively) as published in the IMF's Global Financial Stability Report (GFSR...