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Economic Diversification in the GCC

Economic Diversification in the GCC »

Source: Economic Diversification in the GCC : Past, Present, and Future

Volume/Issue: 2014/12

Series: Staff Discussion Notes

Author(s): Tim Callen , Reda Cherif , Fuad Hasanov , Amgad Hegazy , and Padamja Khandelwal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2014

ISBN: 9781498303231

Keywords: Export diversification, Exports, Bahrain, Cooperation Council for the Arab States of the Gulf, Cross country analysis, Economic growth, Oil revenues, Oman, Private sector, Saudi Arabia

Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil m...

Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union »

Source: Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

Volume/Issue: 2008/257

Series: IMF Working Papers

Author(s): Jingqing Chai , and Rishi Goyal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2008

ISBN: 9781451871159

Keywords: Concessions, Incentives, ECCU, fdi, tax incentives, direct investment,

Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in term...

Syrian Arab Republic

Syrian Arab Republic »

Source: Syrian Arab Republic : 2005 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

Volume/Issue: 2005/356

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 October 2005

ISBN: 9781451836288

Keywords: debt, budget, interest, public sector, revenues

The Syrian Arab Republic's 2005 Article IV Consultation reports that progress had been made on structural reforms, including a simplification of the exchange rate system, and the adoption of a new income tax law. R...

Kyrgyz Republic

Kyrgyz Republic »

Source: Kyrgyz Republic : Medium-Term Development Program: Poverty Reduction Strategy Paper

Volume/Issue: 2012/112

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2012

ISBN: 9781475503586

Keywords: public health, social protection, prevention, social services, social development, Kyrgyzstan,

This paper focuses on the Medium-Term Development Program for the Kyrgyz Republic. The aim of this program is to put the economy of the country into a sustainable vector of development and improve the budget status...

Azerbaijan

Azerbaijan »

Source: Azerbaijan : Recent Economic Developments

Volume/Issue: 1998/83

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 1998

ISBN: 9781451802528

Keywords: exchange rate, oil sector, real exchange rate, foreign exchange, exchange rate appreciation

This paper describes economic developments in the Azerbaijan Republic during the 1990s. Real GDP declined by more than 70 percent from 1992 to 1995, by which time high inflation had eroded real incomes, the exchang...

Indirect Taxes on International Aviation

Indirect Taxes on International Aviation »

Source: Indirect Taxes on International Aviation

Volume/Issue: 2006/124

Series: IMF Working Papers

Author(s): Jon Strand , and Michael Keen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863840

Keywords: aviation taxes, aviation fuel, fuel tax, airlines, airline, air transport, Air Transportation,

This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the...

Republic of Armenia: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Extension of the Arrangement

Republic of Armenia: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Extension of the Arrangement »

Source: Republic of Armenia : Fifth Review Under the Poverty Reduction and Growth Facility and Request for Extension of the Arrangement

Volume/Issue: 2004/136

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 May 2004

ISBN: 9781451801477

Keywords: debt, interest, budget, external debt, central bank

This paper examines Armenia's Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and Request for Extension of the Arrangement. Performance under the PRGF-supported program since mid-2003 has been s...

Nigeria

Nigeria »

Source: Nigeria : Poverty Reduction Strategy Paper: National Economic Empowerment and Development Strategy

Volume/Issue: 2005/433

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2005

ISBN: 9781451828993

Keywords: oil and gas, per capita income, oil prices, environmental degradation, gas sector

This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterpri...

What Causes Firms to Hide Output? the Determinants of Informality

What Causes Firms to Hide Output? the Determinants of Informality »

Source: What Causes Firms to Hide Output? the Determinants of Informality

Volume/Issue: 2005/160

Series: IMF Working Papers

Author(s): Gabriela Inchauste , Mark Gradstein , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2005

ISBN: 9781451861792

Keywords: determinants, institutions, survey, business environment, regulatory burden, probability, firm size, Fiscal Policies and Behavior of Economic Agents: Firm, Education: Other, institution,

In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factor...

Germany

Germany »

Source: Germany : Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism

Volume/Issue: 2010/78

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 March 2010

ISBN: 9781451981810

Keywords: law enforcement, money laundering, legal assistance, professional secrecy, competent authorities

This Detailed Assessment Report reviews antimoney laundering and combating the financing of terrorism (AML/CFT) measures for Germany. The report reveals that Germany has introduced a number of measures in recent ye...