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The Complier Pays Principle

The Complier Pays Principle »

Source: The Complier Pays Principle : The Limits of Fiscal Approaches toward Sustainable Forest Management

Volume/Issue: 2000/51

Series: IMF Working Papers

Author(s): Luc Leruth , R. Paris , and I. Ruzicka

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451847109

Keywords: Sustainable management, forestry taxation, forest, forest management, environmental damage, forests, sustainable forest management

This paper examines the role and impact of taxation on sustainable forest management. It is shown that fiscal instruments neither reinforce nor substitute for traditional regulatory approaches. Far from encouraging...

Reversing Pollution Trends in Asia

Reversing Pollution Trends in Asia »

Source: Finance & Development, June 1994

Volume/Issue: 31/2

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1994

ISBN: 9781451952599

Keywords: foreign exchange, exchange rates, overvalued exchange rates, terms of trade, nontariff barriers

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly...

Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth

Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth »

Source: Does Mother Nature Corrupt? Natural Resources, Corruption, and Economic Growth

Volume/Issue: 1999/85

Series: IMF Working Papers

Author(s): Carlos Leite , and Jens Weidmann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1999

ISBN: 9781451850734

Keywords: Economic growth, neoclassical growth model, natural resources, anti-corruption policies, cross-country study, natural resource, growth rate, natural resource abundance

This paper argues that natural resource abundance creates opportunities for rent-seeking behavior and is an important factor in determining a country’s level of corruption. In a simple growth model, we illus...

III Recent Developments in Export Credits

III Recent Developments in Export Credits »

Source: Official Financing for Developing Countries 1997

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 1998

ISBN: 9781557757029

Keywords: debt, creditors, interest, external debt, debt service

Officially supported export credits 6 represent a large share of the external debt of developing countries and economies in transition. In 1996, they accounted for more than 24 pe...

Chapter 2. Country Overview

Chapter 2. Country Overview »

Source: Lifting the Oil Curse : Improving Petroleum Revenue Management in Sub-Saharan Africa

Series: IMF Special Issues

Author(s): Harinder Malothra , Milan Cuc , Ulrich Bartsch , and Menachem Katz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 2004

ISBN: 9781589063174

Keywords: fiscal policy, oil sector, oil companies, exchange rate, oil prices

The seven countries in the group of oil-producing African countries together produced an average of 3.8 million barrels of oil per day in 2001, equivalent to 5 percent of world oil production. Their total pr...

Chapter 14. Distributional Consequences and Policy Responses to Food Price Inflation in Developing Asia

Chapter 14. Distributional Consequences and Policy Responses to Food Price Inflation in Developing Asia »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Rapidly rising food prices are not just a macroeconomic problem. By directly influencing poverty levels, they create a political challenge for developing countries. As t...

Chapter 5. How Should Emerging Market and Low-Income Country Central Banks Respond to Commodity Price Shocks?

Chapter 5. How Should Emerging Market and Low-Income Country Central Banks Respond to Commodity Price Shocks? »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Over the last two decades, inflation targeting (IT)—in either an explicit or an implicit form—has become the monetary policy framework of choice for most advanced econom...

Chapter 3. The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives

Chapter 3. The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The problems created by abundant mineral wealth—commonly referred to as the natural resource curse—are mostly political, not economic. If low-income countries were gover...

Chapter 6. Savings and Investment Decisions in Resource-Rich Low-Income Countries

Chapter 6. Savings and Investment Decisions in Resource-Rich Low-Income Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction Many of the poorest countries on Earth are in the throes of a double bonanza of high prices for their natural resource exports coupled with new discoveries. Over the nex...

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries

Chapter 11. Commodity Price Volatility, Poverty, and Growth Inclusiveness in Sub-Saharan African Countries »

Source: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Series: Books

Author(s): Rabah Arezki , Catherine Pattillo , Marc Quintyn , and Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2012

ISBN: 9781616353797

Keywords: hedging, fiscal policy, inflation, terms of trade, food prices

Introduction The comparative advantage of sub-Saharan African countries predominantly lies in the export of commodities, whether they be oil, mineral, or agricultural. Managing devel...