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Alternative Forms of Mineral Taxation, Market Failure and the Environment

Alternative Forms of Mineral Taxation, Market Failure and the Environment »

Source: Alternative Forms of Mineral Taxation, Market Failure and the Environment

Volume/Issue: 1992/49

Series: IMF Working Papers

Author(s): Timothy Muzondo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1992

ISBN: 9781451971729

Keywords: environmental externalities, environmental degradation, mineral resources, mineral extraction, extraction costs

This paper examines the environmental effects of mineral taxes in a framework that recognizes the importance of rates and cumulative externalities and proposes an appropriate corrective tax. It concludes that miner...

Ambiguity, Transparency, and Institutional Strength

Ambiguity, Transparency, and Institutional Strength »

Source: Ambiguity, Transparency, and Institutional Strength

Volume/Issue: 2004/115

Series: IMF Working Papers

Author(s): S. Erbas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

ISBN: 9781451853896

Keywords: risk, Knightian uncertainty, vertical and horizontal integration, institutions, probability, probabilities, investors, investment decisions, expected value, Analysis of Collective Decision-Making: General

Institutional transparency makes future contingencies more easily predictable for investors. Greater transparency can be achieved through vertical and horizontal integration of policy rules, which may result in low...

An Analytical Framework of Environmental Issues

An Analytical Framework of Environmental Issues »

Source: An Analytical Framework of Environmental Issues

Volume/Issue: 1993/53

Series: IMF Working Papers

Author(s): Jonathan Levin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1993

ISBN: 9781451847314

Keywords: environment, pollution, environmental effects, sulfur, carbon dioxide

Environmental effects which were insignificant in the past, when the fewer concentrations of population or products of modern technology allowed the vast absorptive capacity of nature to act as a sink, are quite ev...

Asian Flu or Wall Street Virus? Price and Volatility Spillovers of the Tech and Non-Tech Sectors in the United States and Asia

Asian Flu or Wall Street Virus? Price and Volatility Spillovers of the Tech and Non-Tech Sectors in the United States and Asia »

Source: Asian Flu or Wall Street Virus? Price and Volatility Spillovers of the Tech and Non-Tech Sectors in the United States and Asia

Volume/Issue: 2002/154

Series: IMF Working Papers

Author(s): Jorge Chan-Lau , and Iryna Ivaschenko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

ISBN: 9781451857245

Keywords: Price spillovers, volatility spillovers, asymmetric GARCH models, spillovers, stock market, stock returns, stock price,

This paper, using T-GARCH models, finds that the United States has been the major source of price and volatility spillovers to stock markets in the Asian region during three different periods in the last decade: th...

Carbon Taxes

Carbon Taxes »

Source: Carbon Taxes : Their Macroeconomic Effects and Prospects for Global Adoption: A Survey of the Literature

Volume/Issue: 1998/73

Series: IMF Working Papers

Author(s): Ved Gandhi , and Javier Cuervo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

ISBN: 9781451849431

Keywords: carbon tax, climate change, double dividend, economic growth, greenhouse gas emissions, global warming, income distribution, international competitiveness, Kyoto protocol, carbon taxes

The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, a...

Corporate and Household Debt Distress in Latvia

Corporate and Household Debt Distress in Latvia »

Source: Corporate and Household Debt Distress in Latvia : Strengthening the Incentives for Market-Based Approach to Debt Resolution

Volume/Issue: 2011/85

Series: IMF Working Papers

Author(s): Magnus Saxegaard , Michaela Erbenova , and Yan Liu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2011

ISBN: 9781455226030

Keywords: insolvency law, debt, restructuring, insolvency, loans, Other Substantive Areas of Law: General,

This paper reviews Latvia's efforts to manage the increase in debt distress resulting from the unwinding of the 2000-07 credit boom and spillovers from the global financial crisis. The authorities have designed a s...

Dealing with Increased Risk of Natural Disasters

Dealing with Increased Risk of Natural Disasters »

Source: Dealing with Increased Risk of Natural Disasters : Challenges and Options

Volume/Issue: 2003/197

Series: IMF Working Papers

Author(s): Michael Keen , Paul Freeman , and Muthukumara Mani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2003

ISBN: 9781451860030

Keywords: Natural Disasters, Climate Change, Urbanization, disaster, disasters, hurricane, disaster risk, Fiscal Policies and Behavior of Economic Agents: General, Economic Development: General, Natural Disaster,

Natural disaster risk is emerging as an increasingly important constraint on economic development and poverty reduction. This paper first sets out the key stylized facts in the area-that the costs of disaster have...

Emerging Issues in Banking Regulation

Emerging Issues in Banking Regulation »

Source: Emerging Issues in Banking Regulation

Volume/Issue: 2003/101

Series: IMF Working Papers

Author(s): Sunil Sharma , Ralph Chami , and Mohsin Khan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451852530

Keywords: regulation, Basel standards, deposit insurance, bank capital, financial intermediaries, financial institutions, Financial Institutions and Services: Government Policy and Regulation, Financial Institutions and Services,

The paper provides an overview of the profound and rapid changes in banking brought about by technology and deregulation, and discusses the hurdles that will have to be negotiated for putting in place the three pil...

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany »

Source: Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasis on Germany

Volume/Issue: 2007/299

Series: IMF Working Papers

Author(s): Jon Strand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

ISBN: 9781451868623

Keywords: Renewable energy, biofuels, energy efficiency, carbon emissions., renewables, carbon emissions, fossil fuels

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared...

Environmental Protectionism, North-South Trade, and the Uruguay Round1/

Environmental Protectionism, North-South Trade, and the Uruguay Round1/ »

Source: Environmental Protectionism, North-South Trade, and the Uruguay Round

Volume/Issue: 1995/6

Series: IMF Working Papers

Author(s): Piritta Sorsa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1995

ISBN: 9781451929041

Keywords: environment, environmental standards, environmental agreements, environmental problems, environmental taxes

The paper seeks to provide an overview of the present state of debate on trade, environment and the GATT for developing countries. Potential for green protectionism and relevant GATT rules are discussed in three ar...