Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
The complex interaction—and possible overlap—between different tax jurisdictions justifies coordination efforts to avoid double taxation, which can harm international tr...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
Country-specific origin-based profit taxes are marked by profit shifting and tax competition (see Chapter 6). Incentives for profit shifting can be mitigated, but not el...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
At the heart of the current international tax architecture, which grants primary taxing rights to source countries, is the need to determine how much profit each country...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
The current international tax system, which is based on separate accounting for corporate affiliates trading at arm’s length prices, is increasingly viewed as prone to a...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
How did the rise of multinational enterprises put pressure on the prevailing international corporate tax framework? Multinational enterprises, and firms with market power, are not new phenomena, nor is the c...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
Countries compete over productive capital and paper profits. Taxation has been one important element in the set of policy instruments regarding competition....
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
In recent years, newspaper headlines have featured terms such as “digital service taxes,” “paradise papers,” and “tax wars,” all referring to various issues in international taxation. These and related topic...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
As discussed in previous chapters, source-based taxation faces many difficulties: it is increasingly difficult—conceptually and practically—to allocate profits to where...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
The world is in a state of fairly deep confusion regarding whether the international tax system is to be moved toward or away from residence-based corporate taxation. Ch...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
Resource-rich countries can collect revenues from natural resources to support economic development and structural transformation, although often the revenue potential i...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
Source-based taxation lies at the heart of the current international tax architecture (see Chapter 3), and its importance has further risen with the abolition of worldwi...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
Technology is being harnessed to redefine traditional business models and provide new ways for buyers and sellers to interact both locally and globally. The result has b...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
When a business activity crosses national borders, the question arises as to where the profits resulting from that activity should be taxed. In principle, there are at l...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
This chapter brings a legal perspective to the pressures in the international corporate tax system that have been discussed in other chapters largely from an economic po...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
Multinational corporations can often reduce their global tax liabilities through profit-shifting activities (Chapter 5). Typical examples include transfer price manipula...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
Introduction
The question whether countries should tax corporations on their income is an old one, yet it has never been more topical than it is today. Tax competition is driving dow...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
DOI: http://dx.doi.org/10.5089/9781513511771.071
ISBN: 9781513511771
The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitaliza...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitaliza...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitaliza...
Volume/Issue: 2021/044
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513570600
The pandemic aggravated Tunisia's long-standing vulnerabilities stemming from persistent fiscal and external imbalances, rising debt, and contingent liabilities from inefficient state-owned enterprises. The crisis...
Volume/Issue: 2021/044
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
DOI: http://dx.doi.org/10.5089/9781513570600.002
ISBN: 9781513570600
The pandemic aggravated Tunisia's long-standing vulnerabilities stemming from persistent fiscal and external imbalances, rising debt, and contingent liabilities from inefficient state-owned enterprises. The crisis...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
...
Series: Books
Author(s):
Ruud A. Mooij
,
Alexander Klemm
, and
Victoria Perry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513511771
...
Volume/Issue: 2021/044
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513570600
The pandemic aggravated Tunisia's long-standing vulnerabilities stemming from persistent fiscal and external imbalances, rising debt, and contingent liabilities from inefficient state-owned enterprises. The crisis...
Volume/Issue: 2021/044
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513570600
The pandemic aggravated Tunisia's long-standing vulnerabilities stemming from persistent fiscal and external imbalances, rising debt, and contingent liabilities from inefficient state-owned enterprises. The crisis...
Volume/Issue: 2021/044
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2021
ISBN: 9781513570600
The pandemic aggravated Tunisia's long-standing vulnerabilities stemming from persistent fiscal and external imbalances, rising debt, and contingent liabilities from inefficient state-owned enterprises. The crisis...
Volume/Issue: 2021/005
Series: Policy Papers
Author(s):
International Monetary Fund. Finance Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
February
2021
DOI: http://dx.doi.org/10.5089/9781513569567.007
ISBN: 9781513569567
On October 30, 2020, the IMF's Executive Board reviewed the adequacy of the Fund's precautionary balances. Precautionary balances, comprising the Fund's general and special reserves and the Special Contingent Acco...
Volume/Issue: 2021/005
Series: Policy Papers
Author(s):
International Monetary Fund. Finance Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
February
2021
ISBN: 9781513569567
On October 30, 2020, the IMF's Executive Board reviewed the adequacy of the Fund's precautionary balances. Precautionary balances, comprising the Fund's general and special reserves and the Special Contingent Acco...
Volume/Issue: 2021/041
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
February
2021
ISBN: 9781513569536
Kosovo has been hit hard by the COVID-19 pandemic. Despite policy support, economic activity is estimated to have fallen 6 percent in 2020 on account of the combined effect of strict domestic containment measures a...
Volume/Issue: 2021/041
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
February
2021
DOI: http://dx.doi.org/10.5089/9781513569536.002
ISBN: 9781513569536
Kosovo has been hit hard by the COVID-19 pandemic. Despite policy support, economic activity is estimated to have fallen 6 percent in 2020 on account of the combined effect of strict domestic containment measures a...
Volume/Issue: 2021/041
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
February
2021
ISBN: 9781513569536
Kosovo has been hit hard by the COVID-19 pandemic. Despite policy support, economic activity is estimated to have fallen 6 percent in 2020 on account of the combined effect of strict domestic containment measures a...
Volume/Issue: 2021/041
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
February
2021
ISBN: 9781513569536
Kosovo has been hit hard by the COVID-19 pandemic. Despite policy support, economic activity is estimated to have fallen 6 percent in 2020 on account of the combined effect of strict domestic containment measures a...
Volume/Issue: 2021/041
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
February
2021
ISBN: 9781513569536
Kosovo has been hit hard by the COVID-19 pandemic. Despite policy support, economic activity is estimated to have fallen 6 percent in 2020 on account of the combined effect of strict domestic containment measures a...
Volume/Issue: 2021/030
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
February
2021
ISBN: 9781513568294
While Panama has been the most dynamic economy in Latin America over the
last three decades (growing 6 percent on average), its strength is being tested by the
COVID-19 global pandemic. Panama is a service-based ec...
Volume/Issue: 2021/030
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
February
2021
DOI: http://dx.doi.org/10.5089/9781513568294.002
ISBN: 9781513568294
While Panama has been the most dynamic economy in Latin America over the
last three decades (growing 6 percent on average), its strength is being tested by the
COVID-19 global pandemic. Panama is a service-based ec...
Volume/Issue: 2021/030
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
February
2021
ISBN: 9781513568294
While Panama has been the most dynamic economy in Latin America over the
last three decades (growing 6 percent on average), its strength is being tested by the
COVID-19 global pandemic. Panama is a service-based ec...
Volume/Issue: 2021/030
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
February
2021
ISBN: 9781513568294
While Panama has been the most dynamic economy in Latin America over the
last three decades (growing 6 percent on average), its strength is being tested by the
COVID-19 global pandemic. Panama is a service-based ec...
Volume/Issue: 2021/030
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Western Hemisphere Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
February
2021
ISBN: 9781513568294
While Panama has been the most dynamic economy in Latin America over the
last three decades (growing 6 percent on average), its strength is being tested by the
COVID-19 global pandemic. Panama is a service-based ec...
Volume/Issue: 2021/032
Series: IMF Working Papers
Author(s):
Romain Lafarguette
, and
Romain Veyrune
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
February
2021
ISBN: 9781513569406
This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the absence of hedging...
Volume/Issue: 2021/040
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
February
2021
Language: French
DOI: http://dx.doi.org/10.5089/9781513569420.002
ISBN: 9781513569420
This staff report proposes the modification of the performance criteria for end-December 2020 for the economic program supported by the three-year Extended Credit Facility (ECF) arrangement that was approved by the...
Volume/Issue: 2021/040
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
February
2021
DOI: http://dx.doi.org/10.5089/9781513569093.002
ISBN: 9781513569093
This staff report proposes the modification of the performance criteria for end-December 2020 for the economic program supported by the three-year Extended Credit Facility (ECF) arrangement that was approved by the...
Volume/Issue: 2021/032
Series: IMF Working Papers
Author(s):
Romain Lafarguette
, and
Romain Veyrune
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
February
2021
DOI: http://dx.doi.org/10.5089/9781513569406.001
ISBN: 9781513569406
This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the absence of hedging...
Volume/Issue: 2021/040
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
February
2021
Language: French
ISBN: 9781513569420
This staff report proposes the modification of the performance criteria for end-December 2020 for the economic program supported by the three-year Extended Credit Facility (ECF) arrangement that was approved by the...
Volume/Issue: 2021/040
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
February
2021
ISBN: 9781513569093
This staff report proposes the modification of the performance criteria for end-December 2020 for the economic program supported by the three-year Extended Credit Facility (ECF) arrangement that was approved by the...
Volume/Issue: 2021/029
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
Language: Portuguese
DOI: http://dx.doi.org/10.5089/9781513569062.002
ISBN: 9781513569062
Guinea Bissau is a fragile state with a long history of political instability.
Poverty is high with about 67 percent of the population living below the poverty line of
US$1.90 per day. The economy relies heavily on...
Volume/Issue: 2021/029
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
Language: Portuguese
ISBN: 9781513569062
Guinea Bissau is a fragile state with a long history of political instability.
Poverty is high with about 67 percent of the population living below the poverty line of
US$1.90 per day. The economy relies heavily on...
Volume/Issue: 2021/038
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
ISBN: 9781513568904
Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...
Volume/Issue: 2021/038
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
DOI: http://dx.doi.org/10.5089/9781513568904.002
ISBN: 9781513568904
Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...
Volume/Issue: 2021/038
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
ISBN: 9781513568904
Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...
Volume/Issue: 2021/038
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
ISBN: 9781513568904
Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...
Volume/Issue: 2021/038
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
February
2021
ISBN: 9781513568904
Iraq's socio-economic fragilities have been severely aggravated by the pandemic and the sharp decline in oil revenues, which arrived on the heels of widespread social unrest and political instability. The health sy...
Volume/Issue: 2021/039
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
February
2021
DOI: http://dx.doi.org/10.5089/9781513568959.002
ISBN: 9781513568959
Panama's statistical system is well established by a legal framework that generally provides the necessary authority for the collection and compilation of statistics. Panama has a well-developed macroeconomic stati...
Volume/Issue: 2021/039
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
February
2021
ISBN: 9781513568959
Panama's statistical system is well established by a legal framework that generally provides the necessary authority for the collection and compilation of statistics. Panama has a well-developed macroeconomic stati...
Volume/Issue: 2021/039
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
February
2021
ISBN: 9781513568959
Panama's statistical system is well established by a legal framework that generally provides the necessary authority for the collection and compilation of statistics. Panama has a well-developed macroeconomic stati...
Volume/Issue: 2021/039
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
February
2021
ISBN: 9781513568959
Panama's statistical system is well established by a legal framework that generally provides the necessary authority for the collection and compilation of statistics. Panama has a well-developed macroeconomic stati...
Volume/Issue: 2021/036
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
ISBN: 9781513568751
Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...
Volume/Issue: 2021/036
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
DOI: http://dx.doi.org/10.5089/9781513568751.002
ISBN: 9781513568751
Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...
Volume/Issue: 2021/037
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
DOI: http://dx.doi.org/10.5089/9781513568836.002
ISBN: 9781513568836
The Vanuatu National Statistics Office (VNSO) requested a mission by the IMF's Pacific Financial Technical Assistance Centre (PFTAC) for conducting a feasibility study on the implementation of a quarterly national...
Volume/Issue: 2021/036
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
ISBN: 9781513568751
Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...
Volume/Issue: 2021/036
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
ISBN: 9781513568751
Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...
Volume/Issue: 2021/036
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
ISBN: 9781513568751
Russia entered the crisis with low potential growth but strong macroeconomic policy frameworks and significant buffers. Policy space allowed the authorities to mount a sizeable public health and countercyclical res...
Volume/Issue: 2021/037
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
February
2021
ISBN: 9781513568836
The Vanuatu National Statistics Office (VNSO) requested a mission by the IMF's Pacific Financial Technical Assistance Centre (PFTAC) for conducting a feasibility study on the implementation of a quarterly national...
Volume/Issue: 2021/035
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568577
After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...
Volume/Issue: 2021/033
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568423
The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...
Volume/Issue: 2021/004
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
DOI: http://dx.doi.org/10.5089/9781513568676.007
ISBN: 9781513568676
This note provides updated guidance to country teams on bilateral surveillance in the context of Article IV consultations in light of the COVID crisis. This guidance impacts the focus, format and presentation of st...
Volume/Issue: 2021/033
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
DOI: http://dx.doi.org/10.5089/9781513568423.002
ISBN: 9781513568423
The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
DOI: http://dx.doi.org/10.5089/9781513568461.002
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/035
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
DOI: http://dx.doi.org/10.5089/9781513568577.002
ISBN: 9781513568577
After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...
Volume/Issue: 2021/033
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568423
The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/033
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568423
The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...
Volume/Issue: 2021/035
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568577
After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...
Volume/Issue: 2021/035
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568577
After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...
Volume/Issue: 2021/033
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568423
The Nigerian economy is at a critical juncture. A weak pre-crisis economy characterized by falling per capita income, double-digit inflation, significant governance vulnerabilities and limited buffers, is grappling...
Volume/Issue: 2021/035
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568577
After a long period of uninterrupted growth, Poland is experiencing a pandemic-induced recession, though strong policy actions have limited the damage. The economy rebounded strongly in the third quarter of 2020, b...
Volume/Issue: 2021/004
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568676
This note provides updated guidance to country teams on bilateral surveillance in the context of Article IV consultations in light of the COVID crisis. This guidance impacts the focus, format and presentation of st...
Volume/Issue: 2021/028
Series: IMF Working Papers
Author(s):
Plamen Iossifov
, and
Tomas Dutra Schmidt
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568652
We analyze a range of macrofinancial indicators to extract signals about cyclical systemic risk across 107 economies over 1995-2020. We construct composite indices of underlying liquidity, solvency and mispricing r...
Volume/Issue: 2021/022
Series: IMF Working Papers
Author(s):
Jiaxiong Yao
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568539
Past studies on the relationship between electricity consumption and temperature
have primarily focused on individual countries. Many regions are understudied as a result of data constraint. This paper studies the...
Volume/Issue: 2021/029
Series: IMF Working Papers
Author(s):
Philippe Aghion
,
Reda Cherif
, and
Fuad Hasanov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568669
We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained...
Volume/Issue: 2021/032
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Fiscal Affairs Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568362.002
ISBN: 9781513568362
Iraq is substantially exposed to fiscal risks related to guarantees issued by the State, with a stock of guarantees related to foreign currency service payments and debt of USD 21.7 billion at end-June 2017 and a s...
Volume/Issue: 2021/028
Series: IMF Working Papers
Author(s):
Plamen Iossifov
, and
Tomas Dutra Schmidt
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568652.001
ISBN: 9781513568652
We analyze a range of macrofinancial indicators to extract signals about cyclical systemic risk across 107 economies over 1995-2020. We construct composite indices of underlying liquidity, solvency and mispricing r...
Volume/Issue: 2021/022
Series: IMF Working Papers
Author(s):
Jiaxiong Yao
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568539.001
ISBN: 9781513568539
Past studies on the relationship between electricity consumption and temperature
have primarily focused on individual countries. Many regions are understudied as a result of data constraint. This paper studies the...
Volume/Issue: 2021/029
Series: IMF Working Papers
Author(s):
Philippe Aghion
,
Reda Cherif
, and
Fuad Hasanov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568669.001
ISBN: 9781513568669
We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained...
Volume/Issue: 2021/026
Series: IMF Working Papers
Author(s):
Mariana Colacelli
,
Deepali Gautam
, and
Cyril Rebillard
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568270.001
ISBN: 9781513568270
The composition of Japan's current account balance has changed over time, with an increasing income balance primarily reflecting a growing net foreign asset position and higher corporate saving. A comparison of Jap...
Volume/Issue: 2021/024
Series: IMF Working Papers
Author(s):
Alexander Klemm
, and
Paolo Mauro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568621.001
ISBN: 9781513568621
Based on a survey of about 2,500 US resident adults, we show that people who have experienced serious illness or job loss caused by the COVID-19 pandemic, or who personally know someone who has, favor a temporary p...
Volume/Issue: 2021/025
Series: IMF Working Papers
Author(s):
Simon Gray
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568638.001
ISBN: 9781513568638
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel excha...
Volume/Issue: 2021/027
Series: IMF Working Papers
Author(s):
Joseph Hanna
,
Niels-Jakob Hansen
, and
Margaux MacDonald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
DOI: http://dx.doi.org/10.5089/9781513568645.001
ISBN: 9781513568645
How did expectations of the outcome of the United Kingdom's (UK) referendum on European Union (EU) membership in 2016 affect prices in financial markets? We study this using high frequency data from betting and fin...
Volume/Issue: 2021/027
Series: IMF Working Papers
Author(s):
Joseph Hanna
,
Niels-Jakob Hansen
, and
Margaux MacDonald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568645
How did expectations of the outcome of the United Kingdom's (UK) referendum on European Union (EU) membership in 2016 affect prices in financial markets? We study this using high frequency data from betting and fin...
Volume/Issue: 2021/032
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Fiscal Affairs Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568362
Iraq is substantially exposed to fiscal risks related to guarantees issued by the State, with a stock of guarantees related to foreign currency service payments and debt of USD 21.7 billion at end-June 2017 and a s...
Volume/Issue: 2021/026
Series: IMF Working Papers
Author(s):
Mariana Colacelli
,
Deepali Gautam
, and
Cyril Rebillard
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568270
The composition of Japan's current account balance has changed over time, with an increasing income balance primarily reflecting a growing net foreign asset position and higher corporate saving. A comparison of Jap...
Volume/Issue: 2021/024
Series: IMF Working Papers
Author(s):
Alexander Klemm
, and
Paolo Mauro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568621
Based on a survey of about 2,500 US resident adults, we show that people who have experienced serious illness or job loss caused by the COVID-19 pandemic, or who personally know someone who has, favor a temporary p...
Volume/Issue: 2021/025
Series: IMF Working Papers
Author(s):
Simon Gray
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
February
2021
ISBN: 9781513568638
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel excha...
Volume/Issue: 2021/003
Series: Policy Papers
Author(s):
International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2021
ISBN: 9781513568324
A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...
Volume/Issue: 2021/003
Series: Policy Papers
Author(s):
International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2021
DOI: http://dx.doi.org/10.5089/9781513568324.007
ISBN: 9781513568324
A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...
Volume/Issue: 2021/003
Series: Policy Papers
Author(s):
International Monetary Fund. Strategy, Policy, & Review Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2021
ISBN: 9781513568324
A careful review has revealed significant scope to modernize and better align the MAC DSA with its objectives and the IMF's lending framework. This note proposes replacing the current framework with a new methodolo...
Volume/Issue: 2021/031
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Statistics Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
February
2021
DOI: http://dx.doi.org/10.5089/9781513568218.002
ISBN: 9781513568218
At the request of the Superintendency of Banks of Panama (SBP), and with the support of the International Monetary Fund's (IMF's) Western Hemisphere Department (WHD), a monetary and financial statistics (MFS) remot...
