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Did Botswana Escape from the Resource Curse?

Did Botswana Escape from the Resource Curse? »

Source: Did Botswana Escape from the Resource Curse?

Volume/Issue: 2006/138

Series: IMF Working Papers

Author(s): Atsushi Iimi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451863987

Keywords: natural resource, natural resource abundance, natural resource management, middle-income countries, Estimation, Exhaustible Resources and Economic Development,

Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the...

Republic of Serbia: 2013 Article IV Consultation

Republic of Serbia: 2013 Article IV Consultation »

Source: Republic of Serbia : Selected Issues Paper

Volume/Issue: 2013/207

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2013

ISBN: 9781484301302

Keywords: public enterprises, business environment, public enterprise sector, public enterprise, privatization agency

This Selected Issues paper on Serbia's Article IV Consultation reviews the precrisis growth paradigm and its legacy vulnerabilities. The underlying growth model proved vulnerable to shocks, being associated with a...

Dollarization of the Banking System

Dollarization of the Banking System »

Source: Dollarization of the Banking System : Good or Bad?

Volume/Issue: 2003/146

Series: IMF Working Papers

Author(s): Gianni De Nicolo , Patrick Honohan , and Alain Ize

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2003

ISBN: 9781451856668

Keywords: Financial Deepening, Financial Instability, inflation, foreign currency, foreign exchange, Financial Aspects of Economic Integration,

This paper assesses the benefits and risks associated with dollarization of the banking system. We provide novel empirical evidence on the determinants of dollarization, its role in promoting financial development,...

Zero Corporate Income Tax in Moldova

Zero Corporate Income Tax in Moldova »

Source: Zero Corporate Income Tax in Moldova : Tax Competition and Its Implications for Eastern Europe

Volume/Issue: 2008/203

Series: IMF Working Papers

Author(s): Marcin Piatkowski , and Mariusz Jarmuzek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2008

ISBN: 9781451870619

Keywords: corporate tax, tax coordination, corporate tax rates, tax revenue, Moldova, Republic of,

Global economic integration intensified tax competition and raised concerns about the resulting "race to the bottom", which could undermine public investment and social spending. The aim of this paper is to test pr...

Investing in Public Investment

Investing in Public Investment »

Source: Investing in Public Investment : An Index of Public Investment Efficiency

Volume/Issue: 2011/37

Series: IMF Working Papers

Author(s): Zac Mills , Annette Kyobe , Jim Brumby , Chris Papageorgiou , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2011

ISBN: 9781455217892

Keywords: public investment management, project appraisal, selection, implementation, and evaluation, growth, investment management, budget institutions, investment projects, investment spending

This paper introduces a new index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and evaluation. Co...

Republic of Kosovo

Republic of Kosovo »

Source: Republic of Kosovo : Staff Report for the First Assessment Under the Staff-Monitoring Program

Volume/Issue: 2011/374

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2011

ISBN: 9781463928575

Keywords: central bank, debt service, spending cuts, external debt, current account

This paper presents the first assessment report under the Staff-Monitored Program (SMP) for Kosovo. The policies under Kosovo's SMP target decisive steps toward fiscal sustainability and stronger budget management...

Relative Price Stability, Creditor Rights, and Financial Deepening

Relative Price Stability, Creditor Rights, and Financial Deepening »

Source: Relative Price Stability, Creditor Rights, and Financial Deepening

Volume/Issue: 2007/139

Series: IMF Working Papers

Author(s): Pablo Druck , Alexander Plekhanov , and Mario Dehesa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2007

ISBN: 9781451867039

Keywords: Private credit, creditor rights, volatility, relative price, relative price variability, high inflation, price stability,

The paper provides a theoretical and cross-country empirical analysis of the determinants of financial deepening, and finds that higher credit-to-GDP ratios are associated with stronger creditor rights and lower in...

Serbia and Montenegro: Poverty Reduction Strategy Paper—Progress Reports

Serbia and Montenegro: Poverty Reduction Strategy Paper—Progress Reports »

Source: Serbia and Montenegro : Poverty Reduction Strategy Paper-Progress Reports

Volume/Issue: 2006/141

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2006

ISBN: 9781451833621

Keywords: budget, public administration, ministry of finance, beneficiaries, interest

This paper discusses the First Progress Report on the implementation of the Poverty Reduction Strategy (PRS) in Serbia. The Poverty Reduction Strategy Paper (PRSP) for Serbia and its implementation complement the e...

Republic of Kosovo

Republic of Kosovo »

Source: Republic of Kosovo : Request for Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion.

Volume/Issue: 2012/100

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2012

ISBN: 9781475503371

Keywords: debt service, central bank, public debt, external debt

This staff report discusses the Republic of Kosovo's request for a Stand-By Arrangement. Kosovo is in the final stages of transition to full self-governance in economic and financial affairs. Kosovo's economy has r...

Bulgaria: Selected Issues

Bulgaria: Selected Issues »

Source: Bulgaria : Selected Issues

Volume/Issue: 2007/390

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2007

ISBN: 9781451804584

Keywords: investment, capital goods, fdi, domestic investment, investments

This Selected Issues paper on Bulgaria investigates possible driving forces behind the investment boom based on cross-country evidence. The diagnosis of the drivers behind the investment boom is important as it is...