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The Baltic Countries
			: Medium-Term Fiscal Issues Related to EU and NATO Accession

The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 April 2002

DOI: http://dx.doi.org/10.5089/9781589061040.084

ISBN: 9781589061040

Keywords: fiscal policy, public debt, current account, expenditure, taxation

Ten years after regaining independence, the Baltic Countries--Estonia, Latvia, and Lithuania--are expected to be invited to join the European Union (EU) and NATO in 2004. This paper provides a macroeconomic perspec...

I Introduction

I Introduction »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

The member states of the European Community (EC) and the European Free Trade Association (EFTA) have a special relationship based on geographic proximity, a shared history, common values and—as many see it—a...

X Tax Harmonization

X Tax Harmonization »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

With the implementation of free mobility of commodities and factor inputs, the EC Commission has stressed the need for tax harmonization. The Commission has given top priority to harmonizing indirect taxes,...

V Trade in Goods

V Trade in Goods »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Most of the trade in goods between the EC and EFTA is in industrial products, which account for more than 90 percent of EFTA exports. Although fish products account for only a small percentage of total EFTA...

IX European Monetary Unification and the EFTA

IX European Monetary Unification and the EFTA »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Although the establishment of an economic and monetary union (EMU) is not part of the internal market program, its completion is sometimes seen as a precondition for the program’s success because of the far-...

III Institutional and Legal Issues

III Institutional and Legal Issues »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

A number of institutional and legal issues arise as a result of efforts toward intensified EC-EFTA cooperation. There is a need for increased mutual recognition in civil law, particularly with regard to comm...

VIII Financial Services and Capital Movements

VIII Financial Services and Capital Movements »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

The Community’s efforts to create a European financial area 59 are two-pronged: the removal of all barriers that inhibit cross-border trade in financial services and the establish...

IV Regulatory Environment for OTC Derivatives Activities

IV Regulatory Environment for OTC Derivatives Activities »

Source: Modern Banking and OTC Derivatives Markets : The Transformation of Global Finance and its Implications for Systemic Risk

Series: Occasional Papers

Author(s): Burkhard Drees , Garry Schinasi , Charles Kramer , and R. Craig

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2001

ISBN: 9781557759993

Keywords: Banking systems, Markets

Although OTC derivatives on the whole tend to be lightly regulated (as noted in Section III), regulatory systems that are relevant for OTC derivatives can be complex and can have identifiable effects on the...

IV The Experience of Earlier Accession Countries

IV The Experience of Earlier Accession Countries »

Source: The Baltic Countries : Medium-Term Fiscal Issues Related to EU and NATO Accession

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 April 2002

ISBN: 9781589061040

Keywords: fiscal policy, public debt, current account, expenditure, taxation

In their drive to join the EU, the Baltics face fiscal challenges similar to those of the countries that joined in the past three decades and had incomes below the EU average. Such countries were Greece, Ire...

VI An Assessment of Chile’s External Position

VI An Assessment of Chile’s External Position »

Source: Chile : Institutions and Policies Underpinning Stability and Growth

Series: Occasional Papers

Author(s): Eliot Kalter , Steven Phillips , Manmohan Singh , Mauricio Villafuerte , Rodolfo Luzio , and Marco Espinosa-Vega

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2004

ISBN: 9781589063259

Keywords: Economic growth, central bank, inflation, capital markets, banking, external debt

This section reviews Chile’s external position, integrating information on the country’s international investment position and the structure of external debt. 1 ’ 2...