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Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region »
Source: Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region
Volume/Issue: 2004/139
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2004
ISBN: 9781451856071
Keywords: Multinational firms, MENA countries, fdi, investment risk, direct investment
This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have...

Fiscal Adjustment in Sudan Size, Speed, and Composition »
Source: Fiscal Adjustment in Sudan Size, Speed, and Composition
Volume/Issue: 2010/79
Series: IMF Working Papers
Author(s): S. M. Ali Abbas , Kenji Moriyama , and Abdul Naseer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2010
ISBN: 9781451982220
Keywords: intertemporal budget constraint, oil revenue, tax rates, fiscal adjustment, oil producing,
The paper aims to identify the optimal size, speed and composition of the medium-term fiscal adjustment in the context of Sudan's limited oil reserves. The permanently sustainable non-oil primary balance approach s...

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...

Public Debt and Fiscal Vulnerability in the Middle East »
Source: Public Debt and Fiscal Vulnerability in the Middle East
Volume/Issue: 2007/12
Series: IMF Working Papers
Author(s): Ludvig Söderling , Hanan Morsy , Martin Petri , Martin Hommes , Manal Fouad , and Wojciech Maliszewski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2007
ISBN: 9781451865769
Keywords: oil producers, oil producing countries, oil producing, oil prices
Public debt in the Middle East increased during the mid-1990s mainly because of fiscal expansions. It decreased in recent years, thanks to high oil revenue, economic growth, some primary non-oil fiscal adjustment,...

Current Account Developments in New Member States of the European Union »
Source: Current Account Developments in New Member States of the European Union : Equilibrium, Excess, and EU-Phoria
Volume/Issue: 2008/92
Series: IMF Working Papers
Author(s): Jesmin Rahman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2008
ISBN: 9781451869538
Keywords: Current account norm, macroeconomic balance approach, fdi, investment climate, transition economies, exchange rate regime
This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the las...

Investment and Growth Dynamics »
Source: Investment and Growth Dynamics : An Empirical Assessment Applied to Benin
Volume/Issue: 2008/120
Series: IMF Working Papers
Author(s): Issouf Samaké
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2008
ISBN: 9781451869804
Keywords: Growth, Structural VECM, Impulse response function (IFR), Variance decomposition (VD), Historical decomposition (HD), financial services, investment rate, international trade,
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model in...

Forestry Taxation in Africa »
Source: Forestry Taxation in Africa : The Case of Liberia
Volume/Issue: 2005/156
Series: IMF Working Papers
Author(s): Saji Thomas , and Arnim Schwidrowski
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2005
ISBN: 9781451861754
Keywords: forest, forestry sector, forests, forest management, Taxation, Subsidies, and Revenue: General, Economywide Country Studies: Africa, Renewable Resources and Conservation: Forestry,
Countries generally tax the forestry sector to achieve the twin objectives of revenue maximization and sustainability of logging levels. In an ideal world of perfect markets and information, auctions would be the b...

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...

Technical Assistanceon Tax Policy: A Review »
Source: Technical Assistanceon Tax Policy : A Review
Volume/Issue: 1993/65
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 1993
ISBN: 9781451848625
Keywords: tax reform, tax systems, consumption taxes, tax reforms
This paper reviews recent experience of technical assistance on tax policy provided by the Fiscal Affairs Department to a selected but diversified group of countries that differ both in their geographical locations...

The New Partnership for Africa's Development (NEPAD) Opportunities and Challenges »
Source: The New Partnership for Africa's Development (NEPAD) Opportunities and Challenges
Volume/Issue: 2003/69
Series: IMF Working Papers
Author(s): Saleh Nsouli , and Norbert Funke
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2003
ISBN: 9781451849080
Keywords: NEPAD, Integration, fdi, macroeconomic stability, foreign direct investment, direct investment, market access, Economic Development: General, Economywide Country Studies: Africa,
This paper reviews major issues involved in achieving the objectives of the New Partnership for Africa's Development (NEPAD). Using a simple framework for evaluation, the analysis highlights considerations relevant...