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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...

Yemen

Yemen »

Source: Yemen : Exchange Rate Policy in the Face of Dwindling Oil Exports

Volume/Issue: 2007/5

Series: IMF Working Papers

Author(s): Todd Schneider , Nabil Ben Ltaifa , Faisal Ahmed , and Saade Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865691

Keywords: exchange rate, real exchange rate, oil production, effective exchange rate, real effective exchange rate

This paper investigates the likely implications of declining oil production on Yemen's equilibrium exchange rate, and discusses policy options to ensure a smooth transition to a nonoil economy. The empirical result...

Bolivia

Bolivia »

Source: Bolivia : The Hydrocarbons Boom and the Risk of Dutch Disease

Volume/Issue: 2008/154

Series: IMF Working Papers

Author(s): Eugenio Cerutti , and Mario Mansilla

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870121

Keywords: Equilibrium Real Exchange, gas, exchange rate, real exchange rate, equilibrium exchange rate,

The hydrocarbons sector has become one of the most dynamic economic activities in the Bolivian economy and the main driver of improved export performance and international reserve accumulation. The central role of...

A Quest for Revenue and Tax Incidence in Uganda

A Quest for Revenue and Tax Incidence in Uganda »

Source: A Quest for Revenue and Tax Incidence in Uganda

Volume/Issue: 2001/24

Series: IMF Working Papers

Author(s): John Matovu , Duanjie Chen , and Ritva Reinikka-Soininen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451844146

Keywords: Tax Incidence, tax rate, tax system, excise taxes, Taxation and Subsidies: Incidence, Business Taxes and Subsidies including sales and value-added (VAT),

This paper examines tax policy and tax reforms in Uganda. Using household survey evidence, the paper identifies which taxes are progressive and investigates whether tax reforms have made the poor better or worse of...

What Explains Private Saving in Mexico?1

What Explains Private Saving in Mexico?1 »

Source: What Explains Private Saving in Mexico?

Volume/Issue: 2006/191

Series: IMF Working Papers

Author(s): Andrew Swiston , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

ISBN: 9781451864519

Keywords: private saving, Ricardian equivalence, dependency ratio, pension, domestic saving,

This paper examines the factors influencing Mexico's private saving rate. Cross-country analysis finds that Mexico's private saving is somewhat higher than could be explained by its fundamentals, but lower than in...

The New Partnership for Africa's Development (NEPAD) Opportunities and Challenges

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...

Foreign Direct Investment in Africa-Some Case Studies

Foreign Direct Investment in Africa-Some Case Studies »

Source: Foreign Direct Investment in Africa-Some Case Studies

Volume/Issue: 2002/61

Series: IMF Working Papers

Author(s): Anupam Basu , and Krishna Srinivasan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

ISBN: 9781451848182

Keywords: stability, fdi, foreign investment, investors, foreign investors, direct investment,

This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly large amounts of foreign investment. The review indicates that sustained efforts to promote polit...

The United States and the New Regionalism/ Bilateralism

The United States and the New Regionalism/ Bilateralism »

Source: The United States and the New Regionalism/ Bilateralism

Volume/Issue: 2003/206

Series: IMF Working Papers

Author(s): Yongzheng Yang , and Alvin Hilaire

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2003

ISBN: 9781451874624

Keywords: integration, regionalism, global trade analysis, trade diversion, global trade, trade agreement, trade arrangements,

Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations include enhancing goods and services trade; stimulating investment flows; extending standards on...

Investment and Growth Dynamics

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...

Modeling Macro-Critical Energy Sectors in Low-Income Countries

Modeling Macro-Critical Energy Sectors in Low-Income Countries »

Source: Modeling Macro-Critical Energy Sectors in Low-Income Countries : A General Framework and an Application to Côte d'Ivoire

Volume/Issue: 2008/156

Series: IMF Working Papers

Author(s): Holger Fabig

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870145

Keywords: Energy sector modeling, low-income countries, hydrocarbon production, petroleum products, C&;amp;#x00F4;te d&;amp;#x2019;Ivoire, crude oil, gas production, oil and gas,

This paper proposes a general framework for monitoring macro-critical energy sectors in low-income countries, defined as consisting of the three subsectors of crude oil and natural gas production, refinery, and ele...