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International Monetary Fund. Western Hemisphere Dept.
This paper discusses whether there is a more efficient way of taxing labor in Argentina that has a minimal cost in terms of foregone revenues. Social security contributions for dependent workers are generally high in Argentina, despite the plethora of different regimes and exceptions. A reform of labor taxation in Argentina would need to address these inefficiencies. Reducing the tax wedge would stimulate employment and formalization, especially if targeted to low-paid workers, as there is evidence that it’s their employment that mostly responds to tax incentives. Argentina’s tax and transfer system appears to be less progressive than the estimated optimal one. The simulations suggest that the proposed changes would have a positive impact on economic activity and formality, with a minor cost in terms of foregone revenues. Greater labor supply and wages in the formal sector push up revenue from labor taxation, compensating part of the direct cost of the reform.
International Monetary Fund. Asia and Pacific Dept
This Selected Issues paper examines how surges in global financial market volatility spill over to emerging market economies (EMs) including India. The results suggest that a surge in global financial market volatility is transmitted very strongly to key macroeconomic and financial variables of EMs, and the extent of its pass-through increases with the depth of external balance-sheet linkages between advanced countries and EMs. The paper also looks at food inflation, which has often been singled out as a key driver of India’s high and persistent inflation.
Ms. Katrin Elborgh-Woytek, Ms. Monique Newiak, Ms. Kalpana Kochhar, Ms. Stefania Fabrizio, Mr. Kangni R Kpodar, Mr. Philippe Wingender, Mr. Benedict J. Clements, and Mr. Gerd Schwartz
The proposed SDN discusses the specific macro-critical aspects of women’s participation in the labor market and the constraints that prevent women from developing their full economic potential. Building on earlier Fund analysis, work undertaken by other organizations and academic research, the SDN presents possible policies to overcome these obstacles in different types of countries.
Ms. Katrin Elborgh-Woytek, Ms. Monique Newiak, Ms. Kalpana Kochhar, Ms. Stefania Fabrizio, Mr. Kangni R Kpodar, Mr. Philippe Wingender, Mr. Benedict J. Clements, and Mr. Gerd Schwartz
En el Documento de Análisis del Personal Técnico (SDN) propuesto se analizan aspectos específicos de importancia crítica desde el punto de vista macroeconómico acerca de la participación de la mujer en el mercado laboral y los obstáculos que impiden que la mujer desarrolle plenamente su potencial económico. Sobre la base de análisis previos del FMI, estudios de otras organizaciones e investigaciones académicas, en este SDN se presentan políticas que podrían usarse para vencer estos obstáculos en diferentes tipos de países.
Ms. Katrin Elborgh-Woytek, Ms. Monique Newiak, Ms. Kalpana Kochhar, Ms. Stefania Fabrizio, Mr. Kangni R Kpodar, Mr. Philippe Wingender, Mr. Benedict J. Clements, and Mr. Gerd Schwartz
The proposed SDN discusses the specific macro-critical aspects of women’s participation in the labor market and the constraints that prevent women from developing their full economic potential. Building on earlier Fund analysis, work undertaken by other organizations and academic research, the SDN presents possible policies to overcome these obstacles in different types of countries.
Ms. Katrin Elborgh-Woytek, Ms. Monique Newiak, Ms. Kalpana Kochhar, Ms. Stefania Fabrizio, Mr. Kangni R Kpodar, Mr. Philippe Wingender, Mr. Benedict J. Clements, and Mr. Gerd Schwartz
The proposed SDN discusses the specific macro-critical aspects of women’s participation in the labor market and the constraints that prevent women from developing their full economic potential. Building on earlier Fund analysis, work undertaken by other organizations and academic research, the SDN presents possible policies to overcome these obstacles in different types of countries.
Ms. Katrin Elborgh-Woytek, Ms. Monique Newiak, Ms. Kalpana Kochhar, Ms. Stefania Fabrizio, Mr. Kangni R Kpodar, Mr. Philippe Wingender, Mr. Benedict J. Clements, and Mr. Gerd Schwartz
The proposed SDN discusses the specific macro-critical aspects of women’s participation in the labor market and the constraints that prevent women from developing their full economic potential. Building on earlier Fund analysis, work undertaken by other organizations and academic research, the SDN presents possible policies to overcome these obstacles in different types of countries.
Ms. Katrin Elborgh-Woytek, Ms. Monique Newiak, Ms. Kalpana Kochhar, Ms. Stefania Fabrizio, Mr. Kangni R Kpodar, Mr. Philippe Wingender, Mr. Benedict J. Clements, and Mr. Gerd Schwartz
The proposed SDN discusses the specific macro-critical aspects of women’s participation in the labor market and the constraints that prevent women from developing their full economic potential. Building on earlier Fund analysis, work undertaken by other organizations and academic research, the SDN presents possible policies to overcome these obstacles in different types of countries.
International Monetary Fund. External Relations Dept.
El Boletín del FMI aborda de manera específica el trabajo del FMI y los grandes temas macroeconómicos y financieros internacionales y ofrece análisis sobre la evolución en los distintos países y regiones y en el mundo; información sobre las operaciones, políticas, reformas y asistencia técnica del FMI; síntesis de las principales investigaciones económicas mundiales; datos fundamentales que no suelen estar disponibles en otras fuentes, e informes sobre debates económicos y financieros que tienen lugar dentro y fuera del FMI. Este boletín de 16 páginas, publicado 12 veces al año, está orientado a una vasta audiencia, que incluye autoridades de política económica, analistas, profesionales del mundo académico y de los medios de difusión y estudiantes. Disponible en inglés, español y francés.
International Monetary Fund. External Relations Dept.
En mettant l’accent sur le travail du FMI et sur les grandes questions macroéconomiques et financières internationales, le Bulletin du FMI présente une analyse des développements nationaux, régionaux et mondiaux, des informations sur le travail, les politiques, les réformes et les activités d'assistance technique du FMI, les conclusions d'études de calibre mondial, des données essentielles qui ne sont souvent pas disponibles ailleurs, ainsi que des rapports sur les discussions économiques et financières au sein du FMI et ailleurs. Publié douze fois par an, ce bulletin de seize pages s'adresse à un large public : dirigeants, analystes, chercheurs, étudiants et journalistes. Disponible en anglais, français et espagnol.