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Central America
			: Global Integration and Regional Cooperation

Central America : Global Integration and Regional Cooperation »

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

DOI: http://dx.doi.org/10.5089/9781589064461.084

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines-among other things-the macroeconomic and fiscal implications of the Free Trad...

Back Matter

Back Matter »

Source: Central America : Global Integration and Regional Cooperation

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines-among other things-the macroeconomic and fiscal implications of the Free Trad...

Front Matter

Front Matter »

Source: Central America : Global Integration and Regional Cooperation

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines-among other things-the macroeconomic and fiscal implications of the Free Trad...

5 Choice of Exchange Rate Regimes

5 Choice of Exchange Rate Regimes »

Source: The Macroeconomy of Central America

Series: Books

Author(s): Erik Offerdal , and Robert Rennhack

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 August 2004

ISBN: 9781403936523

Keywords: exchange rate, public debt, dollarization, exchange rate regime, debt service

Introduction The 20 economies in the Central America and Caribbean region (CAC) 1 share a number of common structural features. Compared with other...

6 Financial Dollarization: What to Do About It?

6 Financial Dollarization: What to Do About It? »

Source: The Macroeconomy of Central America

Series: Books

Author(s): Erik Offerdal , and Robert Rennhack

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 August 2004

ISBN: 9781403936523

Keywords: exchange rate, public debt, dollarization, exchange rate regime, debt service

Financial dollarization in Central America Partial dollarization affects a wide set of countries across the world and has generally gained ground in recent years. The ratio of on-sho...

1 Fiscal Sustainability

1 Fiscal Sustainability »

Source: The Macroeconomy of Central America

Series: Books

Author(s): Erik Offerdal , and Robert Rennhack

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 August 2004

ISBN: 9781403936523

Keywords: exchange rate, public debt, dollarization, exchange rate regime, debt service

Introduction The overall theme of this chapter is: How concerned should policy-makers in Central America be about current levels of public sector debt? 1...

Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy*

Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy* »

Source: Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy

Volume/Issue: 2008/204

Series: IMF Working Papers

Author(s): Stephen Turnovsky , Serpil Tekin , and Valerie Cerra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2008

ISBN: 9781451870626

Keywords: real exchange rate, welfare analysis, exchange rate, capital stock, capital markets, capital intensity,

A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun...

I Introduction and Overview

I Introduction and Overview »

Source: Central America : Global Integration and Regional Cooperation

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

Central America has received growing attention in recent years as a region that is integrating successfully into the global economy. A decade and a half after the end of civil conflicts and serious economic...

II Macroeconomic Implications of CAFTA-DR

II Macroeconomic Implications of CAFTA-DR »

Source: Central America : Global Integration and Regional Cooperation

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

Five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the United States signed the Central American Free Trade Agreement (CAFTA) in May 2004. The Dominican Republi...

III Trade Liberalization and Tax Coordination

III Trade Liberalization and Tax Coordination »

Source: Central America : Global Integration and Regional Cooperation

Series: Occasional Papers

Author(s): Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2005

ISBN: 9781589064461

Keywords: Tax administration, Statistics, exchange rate, exchange rate regimes, exchange rate regime, free trade, trade diversion

The free trade agreements between the Central American countries, the Dominican Republic, and the United States (CAFTA-DR) are expected to have a significant impact in many areas of the region’s economies, i...