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France: Selected Issues »

Source: France : Selected Issues

Volume/Issue: 2021/016

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566917

Keywords: Greenhouse gas emissions, Productivity, Carbon tax, Solvency, Renewable energy, ISCR, CR, EU Green deal, EU greenhouse gases, zombie firm

Selected Issues...

France: Selected Issues »

Source: France : Selected Issues

Volume/Issue: 2021/016

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 January 2021

ISBN: 9781513566917

Keywords: Greenhouse gas emissions, Productivity, Carbon tax, Solvency, Renewable energy, ISCR, CR, EU Green deal, EU greenhouse gases, zombie firm

Selected Issues...

Is There Money on the Table? Evidence on the Magnitude of Profit Shifting in the Extractive Industries »

Source: Is There Money on the Table? Evidence on the Magnitude of Profit Shifting in the Extractive Industries

Volume/Issue: 2021/009

Series: IMF Working Papers

Author(s): Sebastian Beer , and Dan Devlin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 2021

ISBN: 9781513566801

Keywords: Corporate income tax, Tax avoidance, Transfer pricing rules, Mining sector, Natural resources, International Corporate Taxation, Multinational Firms, Mining, Petroleum, Profit Shifting

Profit shifting remains a key concern in international tax system debate, but discussions are largely based on aggregate estimates, with less attention paid to individual sectors. Drawing on a novel dataset, we qua...

Central African Republic »

Source: Central African Republic : Technical Assistance Report-Governance Diagnostic Report

Volume/Issue: 2021/005

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 January 2021

ISBN: 9781513566139

Keywords: Corruption, Tax administration core functions, Customs administration core functions, Civil service, Anti-money laundering and combating the financing of terrorism (AML/CFT), ISCR, CR, organic law, government website, CAR authorities

The gradual return to peace in the Central African Republic (CAR) promises stronger and more equitable growth. Nonetheless, the country faces serious constraints with a security situation that remains vulnerable an...

Modeling Trade Tensions: Different Mechanisms in General Equilibrium »

Source: Modeling Trade Tensions: Different Mechanisms in General Equilibrium

Volume/Issue: 2020/279

Series: IMF Working Papers

Author(s): Benjamin Hunt , Susanna Mursula , Rafael Portillo , and Marika Santoro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 December 2020

ISBN: 9781513561615

Keywords: Tariffs, Imports, Exports, Trade balance, Exchange rates, Trade policy, trade elasticity, Nominal and real rigidities, general equilibrium, WP

In this paper, we investigate the mechanisms through which import tariffs impact the macroeconomy in two large scale workhorse models used for quantitative policy analysis: a computational general equilibrium (CGE)...

Reconsidering Climate Mitigation Policy in the UK »

Source: Reconsidering Climate Mitigation Policy in the UK

Volume/Issue: 2020/268

Series: IMF Working Papers

Author(s): Nicolas Arregui , and Ian Parry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2020

ISBN: 9781513561264

Keywords: Carbon tax, Greenhouse gas emissions, Public expenditure review, Transportation, Climate change, net-zero, UK climate mitigation, carbon pricing, feebate, international carbon price floor.

The UK has pledged to cut greenhouse gases 57 percent below 1990 levels by 2030, to be emisisons neutral by 2050, and to phase out internal combustion engine vehicles by 2030. Much progress has been made, but fully...

Tax Policy and Inclusive Growth »

Source: Tax Policy and Inclusive Growth

Volume/Issue: 2020/271

Series: IMF Working Papers

Author(s): Khaled Abdel-Kader , and Ruud A. Mooij

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 2020

ISBN: 9781513561561

Keywords: Income, Capital income tax, Income and capital gains taxes, Corporate income tax, Income tax systems, tax policy, inclusive growth, inequality, poverty, income distribution

This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, i.e. in support of inclusive growth. It starts with a discussion of the key principles from tax theory to gu...

International Taxation and Luxembourg's Economy »

Source: International Taxation and Luxembourg's Economy

Volume/Issue: 2020/264

Series: IMF Working Papers

Author(s): Ruud A. Mooij , Dinar Prihardini , Antje Pflugbeil , and Emil Stavrev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 November 2020

ISBN: 9781513560922

Keywords: Corporate income tax, Revenue administration, Special purpose vehicle, Income, Environmental taxes, Luxembourg, International Tax, Foreign Direct Investment, Special Purpose Entities., WP

Luxembourg receives ample investment from multinational corporations, in part due to some attractive features in its international tax rules. Around 95 percent of these foreign investments pass through Luxembourg v...

Ukraine »

Source: Ukraine : Technical Assistance Report-A Follow-Up on Distributed Profit Tax, BEPS Implementation, Voluntary Disclosure Program, and Indirect Methods for Determining Taxable Income

Volume/Issue: 2020/302

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 November 2020

ISBN: 9781513561400

Keywords: Personal income, Controlled foreign corporation rules, Legal support in revenue administration, Double taxation, Income and capital gains taxes, ISCR, CR, taxable income, tax authority, PEM resident

Tax policy in Ukraine is engaged in two fronts at once. On one front, very significant work has been done over the years on the gradual improvement and updating of the tax system; on the other, it questions essenti...

Local Currency Bond Markets Law Reform: A Methodology for Emerging Markets and Developing Economies »

Source: Local Currency Bond Markets Law Reform: A Methodology for Emerging Markets and Developing Economies

Volume/Issue: 2020/258

Series: IMF Working Papers

Author(s): Wouter Bossu , Cory Hillier , and Wolfgang Bergthaler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 2020

ISBN: 9781513561608

Keywords: Securities, Legal support in revenue administration, Tax law, Bonds, Capital markets, local currency bond markets, development, financial stability, legal and tax frameworks, WP

Recent financial crises including the ongoing one caused by the COVID-19 pandemic have consistently drawn attention to the need to strengthen the quality of public debt management in emerging markets and developing...

Chile »

Source: Chile : Technical Assistance Report-Assessment of Tax Expenditures and Corrective Taxes

Volume/Issue: 2020/305

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2020

ISBN: 9781513561684

Keywords: Income, Personal income, Corporate income tax, Personal income tax, Value-added tax, ISCR, CR, excise tax, capital gain, taxable income

In response to a request from Mr. Ignacio Briones Rojas, Minister of Finance of Chile, a remote mission was conducted by a joint team of staff from the International Monetary Fund (IMF) and the secretariat of the O...

The Great Lockdown: International Risk Sharing Through Trade and Policy Coordination1 »

Source: The Great Lockdown: International Risk Sharing Through Trade and Policy Coordination

Volume/Issue: 2020/242

Series: IMF Working Papers

Author(s): Philipp Engler , Nathalie Pouokam , Diego Rodriguez Guzman , and Irina Yakadina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 November 2020

ISBN: 9781513560182

Keywords: Consumption, Terms of trade, Labor, Consumption taxes, COVID-19 , Great Lockown, epidemic, trade, optimal containment, cooperation

Voluntary and government-mandated lockdowns in response to COVID-19 have caused causing drastic reductions in economic activity around the world. We present a parsimonious two-country-SIR model with some degree of...

Tax Evasion from Cross-Border Fraud: Does Digitalization Make a Difference?1 »

Source: Tax Evasion from Cross-Border Fraud: Does Digitalization Make a Difference?

Volume/Issue: 2020/245

Series: IMF Working Papers

Author(s): Emmanouil Kitsios , João Tovar Jalles , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 November 2020

ISBN: 9781513561189

Keywords: Digitalization, Value-added tax, Tariffs, Imports, Tax evasion, panel data, fiscal policy, carousel fraud, e-government, technology

How can governments reduce the prevalence of cross-border tax fraud? This paper argues that the use of digital technologies offers an opportunity to reduce fraud and increase government revenue. Using data on intra...

Climate Mitigation Policy in Denmark: A Prototype for Other Countries »

Source: Climate Mitigation Policy in Denmark: A Prototype for Other Countries

Volume/Issue: 2020/235

Series: IMF Working Papers

Author(s): Nicoletta Batini , Ian Parry , and Philippe Wingender

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 November 2020

ISBN: 9781513560960

Keywords: Carbon tax, Greenhouse gas emissions, Consumption, Climate change, Agricultural commodities, Denmark climate mitigation, carbon pricing, feebate, revenue recycling, border carbon adjustment

Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While there is general agreement that carbon pricing should be the centerpiece of Denmark's mitigation...

Norway »

Source: Norway : Financial Sector Assessment Program-Technical Note-Risk Analysis and Stress Testing

Volume/Issue: 192020/295

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 November 2020

ISBN: 9781513560755

Keywords: Stress testing, Carbon tax, Capital adequacy requirements, Mortgages, Loans, ISCR, CR, mortgage company, cash flow, carbon price

Much of the work of the FSAP was conducted prior to the COVID-19 outbreak. The risk and vulnerability analysis integrates the original work with a quantification of the impact of the COVID-19 crisis on bank solvenc...

Climate-Related Stress Testing: Transition Risks in Norway1 »

Source: Climate-Related Stress Testing: Transition Risks in Norway

Volume/Issue: 2020/232

Series: IMF Working Papers

Author(s): Pierpaolo Grippa , and Samuel Mann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2020

ISBN: 9781513559674

Keywords: Carbon tax, Oil sector, Oil, gas and mining taxes, Oil prices, Greenhouse gas emissions, Climate change, transition risk, carbon emissions, carbon price, environmental policy

This paper explores three possible transmission channels for transition risk shocks to the financial system in Norway. First, we estimate the direct firm-level impact of a substantial increase in domestic carbon pr...

Financial Frictions and Firm Informality: A General Equilibrium Perspective1 »

Source: Financial Frictions and Firm Informality: A General Equilibrium Perspective

Volume/Issue: 2020/211

Series: IMF Working Papers

Author(s): Luis Franjo , Nathalie Pouokam , and Francesco Turino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2020

ISBN: 9781513557809

Keywords: Self-employment, Tax evasion, Financial frictions, Credit, Informal economy, WP, informal firm, firms informality, survival firm, ghost firm

In this paper we build a model of occupational choice with informal production and progressive income taxation. We calibrate the model to the Brazilian economy to evaluate the impact of removing financial frictions...

The Development Path Less Traveled »

Source: The Development Path Less Traveled : The Experience of Rwanda

Volume/Issue: 2020/10

Series: Departmental Papers

Author(s): Laure Redifer , Emre Alper , Neil Meads , Tunc Gursoy , Monique Newiak , Alun Thomas , and Samson Kwalingana

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2020

ISBN: 9781513551371

Keywords: Economic development, Economic conditions, Economic integration, Economic policy, Regional economics, Economic growth, Economic recovery, Health indicators, Rwanda, Economic development

This paper explores some of the key factors behind Rwanda key successes, including unique institution-building that emphasized governance and ownership; aid-fueled and government-led strategic investment in people,...

Poverty and Social Protection in Bulgaria »

Source: Poverty and Social Protection in Bulgaria

Volume/Issue: 2020/147

Series: IMF Working Papers

Author(s): Jean-Jacques Hallaert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 July 2020

ISBN: 9781513550190

Keywords: Social security, Income distribution, Labor policy, Social benefits, Social policy, Inequality, Poverty, Social Protection, Bulgaria, European Union

Absolute poverty has dropped markedly in Bulgaria but income inequality has increased substantially in the aftermath of the GFC. This increase is due to a rise in market income inequality that was compounded by a r...

Can you Put a Price on That?: The Cost of Female Guilt at Work »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

Falling off the Ladder: Why So Few Female Economics Professors?: Why So Few Female Economics Professors? »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

Good Jobs for Young People A Policy Imperative to Reduce Inequality »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

Inclusion in Economics Interview with Sole Martinez Peria »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

Inequality and the Conduct of Monetary Policy »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

The Perspective from Home »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

She, Robot Women’s Employment in the Face of Automation »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

The Snowball Effect: How the Rich Get Richer »

Source: IMF Research Perspectives : Spring-Summer 2020

Volume: 22

Series: IMF Research Perspectives

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2020

ISBN: 9781513551180

Keywords: Employment, Labor markets, Income distribution, Development, Women, IRP, economics profession, inequality, automation, female worker

IMF Research Perspectives Spring-Summer 2020...

Raising Tax Revenue: How to Get More from Tax Administrations? »

Source: Raising Tax Revenue: How to Get More from Tax Administrations?

Volume/Issue: 2020/142

Series: IMF Working Papers

Author(s): Eui Soon Chang , Elizabeth Gavin , Nikolay Gueorguiev , and Jiro Honda

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 2020

ISBN: 9781513550831

Keywords: Tax revenue, Tax administration, Tax policy, Revenue administration, Tax collection, tax administrations, tax collections, administrative practices, tax operational strength, WP

Can we empirically show the benefits of improving the practices and characteristics of tax administration agencies for revenue collection? While many country experiences suggest a strong link, there is little syste...

Tax Revenues in Fragile and Conflict-Affected States-Why Are They Low and How Can We Raise Them? »

Source: Tax Revenues in Fragile and Conflict-Affected States-Why Are They Low and How Can We Raise Them?

Volume/Issue: 2020/143

Series: IMF Working Papers

Author(s): Bernardin Akitoby , Jiro Honda , and Keyra Primus

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 July 2020

ISBN: 9781513550848

Keywords: Tax revenue, Fiscal policy, Tax policy, Revenue administration, Tax reforms, Tax Revenue Mobilization, Fragile and Conflict-Affected States, WP, FCS, percent of GDP

Raising revenues has been a formidable challenge for fragile and conflict-affected states (FCS), a fact confirmed once again in the COVID-19 crisis. Nonetheless, achieving sizable gains in tax collection in fragile...

Guinea- Bissau »

Source: Guinea- Bissau : Technical Assistance Report-Enhancing Governance and the Anti-Corruption Framework: Next Steps

Volume/Issue: 192020/214

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 2020

ISBN: 9781513548890

Keywords: Revenue administration, Tax policy, Tax evasion, Social security, Public financial management, ISCR, CR, Contas, SOEs, judicial police

Political instability has limited the development of Guinea-Bissau's institutional capacity. For example, tensions between the President and the leadership of the country's largest political party led to six chang...

Tonga »

Source: Tonga : Technical Assistance Report-Climate Change Policy Assessment

Volume/Issue: 192020/212

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 2020

ISBN: 9781513548791

Keywords: Economic reforms, Economic growth, Financial management, Public financial management, Poverty, ISCR, CR, NIIP, development partner, disaster risk

Tonga is one of the world's most exposed countries to climate change and natural disasters. It suffered the highest loss from natural disasters in the world (as a ratio to GDP) in 2018 and is among the top five ove...

Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers »

Source: Designing Fiscal Redistribution: The Role of Universal and Targeted Transfers

Volume/Issue: 2020/105

Series: IMF Working Papers

Author(s): David Coady , and Nghia-Piotr Le

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 June 2020

ISBN: 9781513547046

Keywords: Tax revenue, Tax competition, Tax evasion, Income distribution, Tax systems, Fiscal redistribution, transfers, taxes, targeted, universal

There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, i.e., a larger povert...

Wealth Inequality and Private Savings: The Case of Germany »

Source: Wealth Inequality and Private Savings: The Case of Germany

Volume/Issue: 2020/107

Series: IMF Working Papers

Author(s): Mai Dao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 June 2020

ISBN: 9781513546063

Keywords: National income, Interest rates on deposits, Flow of funds, National accounts, Financial crises, Germany, wealth inequality, corporate saving, current account surplus., WP

This paper explores the interaction between corporate ownership concentration and private savings, and by extension, the current account balance in Germany. As high corporate savings largely reflected capital incom...

IMF Executive Board Approves US$ 83.7 Million in Emergency Support to Montenegro to Combat COVID-19 Pandemic »

Source: Montenegro : Request for Purchase under the Rapid Financing Instrument; Press Release; Staff Report; and Statement by the Executive Director for Montenegro

Volume/Issue: 192020/210

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2020

ISBN: 9781513548661

Keywords: Rapid Financing Instrument (RFI), Fiscal sector, Public debt, Banking systems, Financial markets, Debt sustainability, ISCR, CR, Eurobond, finance gap

The COVID-19 pandemic will hit Montenegro hard, as tourism is a key industry. Fiscal space has eroded in recent years due to large public capital outlays, and the COVID-19 crisis is creating new budgetary strains a...

Montenegro: Request for Purchase Under the Rapid Financing Instrument—Press Release; Staff Report; and Statement by the Executive Director for Montenegro »

Source: Montenegro : Request for Purchase under the Rapid Financing Instrument; Press Release; Staff Report; and Statement by the Executive Director for Montenegro

Volume/Issue: 192020/210

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2020

ISBN: 9781513548661

Keywords: Rapid Financing Instrument (RFI), Fiscal sector, Public debt, Banking systems, Financial markets, Debt sustainability, ISCR, CR, Eurobond, finance gap

The COVID-19 pandemic will hit Montenegro hard, as tourism is a key industry. Fiscal space has eroded in recent years due to large public capital outlays, and the COVID-19 crisis is creating new budgetary strains a...

Statement by Mr. Anthony De Lannoy, Executive Director for Montenegro and Mr. Liviu Voinea, Senior Advisor to the June 24, 2020 »

Source: Montenegro : Request for Purchase under the Rapid Financing Instrument; Press Release; Staff Report; and Statement by the Executive Director for Montenegro

Volume/Issue: 192020/210

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 June 2020

ISBN: 9781513548661

Keywords: Rapid Financing Instrument (RFI), Fiscal sector, Public debt, Banking systems, Financial markets, Debt sustainability, ISCR, CR, Eurobond, finance gap

The COVID-19 pandemic will hit Montenegro hard, as tourism is a key industry. Fiscal space has eroded in recent years due to large public capital outlays, and the COVID-19 crisis is creating new budgetary strains a...

Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets† »

Source: Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets

Volume/Issue: 2020/102

Series: IMF Working Papers

Author(s): Edward Buffie , Luis-Felipe Zanna , Christopher Adam , Lacina Balma , Dawit Tessema , and Kangni Kpodar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 June 2020

ISBN: 9781513545639

Keywords: Cost of living, Real sector, National income, Price indexes, Supply and demand, Public Investment, Growth, Debt, Fiscal Policy, Human Capital

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets,...

Union of the Comoros : Selected Issues »

Source: Union of the Comoros : Selected Issues

Volume/Issue: 192020/199

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2020

ISBN: 9781513547152

Keywords: Financial institutions, Public financial management, Central banks, Financial crises, Credit, ISCR, CR, AML, risk-weighted, CFT

Selected Issues...

Union of the Comoros : Selected Issues »

Source: Union of the Comoros : Selected Issues

Volume/Issue: 192020/199

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2020

ISBN: 9781513547152

Keywords: Financial institutions, Public financial management, Central banks, Financial crises, Credit, ISCR, CR, AML, risk-weighted, CFT

Selected Issues...

Fiscal Resilience Building: Insights from a New Tax Revenue Diversification Index1 »

Source: Fiscal Resilience Building: Insights from a New Tax Revenue Diversification Index

Volume/Issue: 2020/94

Series: IMF Working Papers

Author(s): Rasmané Ouedraogo , Rene Tapsoba , Moussé Sow , and Ali Compaoré

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2020

ISBN: 9781513546032

Keywords: Tax revenue, Recurrent taxes on immovable property, Recurrent taxes on net wealth, Taxes on financial and capital transactions, Fiscal policy, Revenue volatility, Taxation, Tax revenue diversification, Theil Index., WP

Does the reliance on diversified tax structure enhance resilience to fiscal risks? This paper gives an answer to this question by proposing a new cross-country tax revenue diversification index (RDI). The RDI build...

Government Spending Effects in a Policy Constrained Environment »

Source: Government Spending Effects in a Policy Constrained Environment

Volume/Issue: 2020/91

Series: IMF Working Papers

Author(s): Ruoyun Mao , and Shu-Chun Susan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 June 2020

ISBN: 9781513546797

Keywords: Economic conditions, Financial crises, Real interest rates, Business cycles, Economic sectors, government spending effects, fiscal multiplier, regime-switching policy, monetary and fiscal policy interaction, nonlinear New Keynesian models

The theoretical literature generally finds that government spending multipliers are bigger than unity in a low interest rate environment. Using a fully nonlinear New Keynesian model, we show that such big multiplie...

Déclaration de M. Raghani, Administrateur pour le Togo, et Mme Boukpessi, Conseillère de l’Administrateur 3 avril 2020 »

Source: Togo : Sixth Review under the Extended Credit Facility Arrangement and Request for Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Togo

Volume/Issue: 2020/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2020

Language: French

ISBN: 9781513546179

Keywords: Public debt, Debt sustainability, Revenue administration, Economic growth, Public financial management, Extended Credit Facility, ISCR, CR, primary balance, WAEMU

This paper discusses Togo's Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Augmentation for Access. Togo's performance under the ECF-supported program has been broadly satisfactor...

Le conseil d’administration du FMI achève la sixième revue de I’accord FEC en faveur du Togo, approuve une augmentation de I’accès pour faire face à I’impact du COVID-19 »

Source: Togo : Sixth Review under the Extended Credit Facility Arrangement and Request for Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Togo

Volume/Issue: 2020/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2020

Language: French

ISBN: 9781513546179

Keywords: Public debt, Debt sustainability, Revenue administration, Economic growth, Public financial management, Extended Credit Facility, ISCR, CR, primary balance, WAEMU

This paper discusses Togo's Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Augmentation for Access. Togo's performance under the ECF-supported program has been broadly satisfactor...

Togo: Sixième Revue de L’accord au Titre de la Facilite Élargie de Crédit—communiqué de Presse; Rapport des Services du FMI; Déclaration de L’administrateur Pour le Togo »

Source: Togo : Sixth Review under the Extended Credit Facility Arrangement and Request for Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Togo

Volume/Issue: 2020/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2020

Language: French

ISBN: 9781513546179

Keywords: Public debt, Debt sustainability, Revenue administration, Economic growth, Public financial management, Extended Credit Facility, ISCR, CR, primary balance, WAEMU

This paper discusses Togo's Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Augmentation for Access. Togo's performance under the ECF-supported program has been broadly satisfactor...

Togo: Sixième Revue De L’accord Au Titre De La Facilité Élargie De Crédit Et Demande D’augmentation D’accès – Analyse De Viabilité De La Dette1 »

Source: Togo : Sixth Review under the Extended Credit Facility Arrangement and Request for Augmentation of Access-Press Release; Staff Report; and Statement by the Executive Director for Togo

Volume/Issue: 2020/107

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2020

Language: French

ISBN: 9781513546179

Keywords: Public debt, Debt sustainability, Revenue administration, Economic growth, Public financial management, Extended Credit Facility, ISCR, CR, primary balance, WAEMU

This paper discusses Togo's Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for Augmentation for Access. Togo's performance under the ECF-supported program has been broadly satisfactor...

Can Digitalization Help Deter Corruption in Africa? »

Source: Can Digitalization Help Deter Corruption in Africa?

Volume/Issue: 2019/68

Series: IMF Working Papers

Author(s): Rasmané Ouedraogo , and Amadou Sy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2020

ISBN: 9781513545691

Keywords: Tax evasion, Tax revenue, Tax administration, Tax collection, Public services, Digitalization, corruption, trust, Africa, WP

This paper studies the effect of digitalization on the perception of corruption and trust in tax officials in Africa. Using individual-level data from Afrobarometer surveys and several indices of digitalization, we...