Search Results

You are looking at 1 - 10 of 20 items :

  • IMF Working Papers x
Clear All
Optimal Fiscal Strategy for Oil Exporting Countries

Optimal Fiscal Strategy for Oil Exporting Countries »

Source: Optimal Fiscal Strategy for Oil Exporting Countries

Volume/Issue: 2000/118

Series: IMF Working Papers

Author(s): Rodrigo Valdes , and Eduardo Engel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2000

ISBN: 9781451854077

Keywords: oil exporting countries, stabilization funds, random walk, oil prices, oil production, samples, stationary process

This paper develops simple guidelines for fiscal policy in oil producing countries, focusing on three issues: intergenerational oil distribution, precautionary saving, and adjustment costs. The paper presents a fra...

Issues in Global Natural Gas

Issues in Global Natural Gas »

Source: Issues in Global Natural Gas : A Primer and Analysis

Volume/Issue: 2002/40

Series: IMF Working Papers

Author(s): Bright Okogu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451845983

Keywords: LNG, pipeline, gas pricing, economic rent, user cost, transportation constraint, sales and purchase agreement, gas, gas market, gas trade

This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the conte...

Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region

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...

Public Expenditure Policy and the Environment

Public Expenditure Policy and the Environment »

Source: Public Expenditure Policy and the Environment : A Review and Synthesis

Volume/Issue: 1993/27

Series: IMF Working Papers

Author(s): Kenneth M. Miranda , Ian Parry , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1993

ISBN: 9781451844443

Keywords: subsidy, environmental degradation, environmental policy

Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appr...

Public Debt and Fiscal Vulnerability in the Middle East

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,...

Exchange Rate Assessment for Oil Exporters

Exchange Rate Assessment for Oil Exporters »

Source: Exchange Rate Assessment for Oil Exporters

Volume/Issue: 2009/81

Series: IMF Working Papers

Author(s): Klaus-Stefan Enders

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872286

Keywords: Exchange rate, current account, real exchange, government spending, real exchange rate,

While the underlying methodologies continue to be widely debated and refined, there is little consensus on how to assess the equilibrium exchange rate of economies dominated by production of finite natural resource...

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...

Islamic Banking

Islamic Banking »

Source: Islamic Banking : Issues in Prudential Regulations and Supervision

Volume/Issue: 1998/30

Series: IMF Working Papers

Author(s): Luca Errico , and Mitra Farahbaksh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

ISBN: 9781451980417

Keywords: Islamic Banking, Prudential Regulations, Banking Supervision, banking, islamic banks, mudaraba

This paper analyzes the implications of Islamic precepts on banks’ structure and activities, focusing on banking supervision issues. It points out and discusses these issues in the context of a paradigm vers...

The U.S. Oil Supply Revolution and the Global Economy1

The U.S. Oil Supply Revolution and the Global Economy1 »

Source: The U.S. Oil Supply Revolution and the Global Economy

Volume/Issue: 2015/259

Series: IMF Working Papers

Author(s): Kamiar Mohaddes , and Mehdi Raissi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2015

ISBN: 9781513509846

Keywords: Tight oil, shale oil, fracking revolution, oil price decline, oil supply, global macroeconometric modeling, international business cycle, oil, prices, oil prices

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2...

A Primeron Mineral Taxation

A Primeron Mineral Taxation »

Source: A Primeron Mineral Taxation

Volume/Issue: 2001/139

Series: IMF Working Papers

Author(s): Thomas Baunsgaard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2001

ISBN: 9781451856040

Keywords: mineral tax, mining and petroleum, mineral extraction, rate of return, tax system, fiscal stability, tax rate,

The paper discusses options available to tax mineral extraction projects particularly in developing countries. A desirable government share of the economic rent generated from mineral extraction can be achieved thr...