Search Results

You are looking at 41 - 50 of 96 items :

  • Keyword: growth model x
  • Economics - Macroeconomics x
Clear All Modify Search
New Insights into ECCU's Tourism Sector Competitiveness

New Insights into ECCU's Tourism Sector Competitiveness »

Source: New Insights into ECCU's Tourism Sector Competitiveness

Volume/Issue: 2019/154

Series: IMF Working Papers

Author(s): Manuk Ghazanchyan , Li Zhao , Steve Brito , and Vivian Parlak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2019

ISBN: 9781498320818

Keywords: Financial crises, Real effective exchange rates, Economic growth, Unit labor cost, Current account deficits, price elasticity, income elasticity, Eastern Caribbean Currency Union (ECCU), gravity model, tourism arrivals and expenditure

Tourism has become the main driver of economic growth and employment and the most important source of income in the ECCU. Preserving and, possibly, enhancing the competitiveness of the tourism product is key for th...

Chapter 1. China’s Economic Success and Reforms: Investing in Soft Infrastructure

Chapter 1. China’s Economic Success and Reforms: Investing in Soft Infrastructure »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

China matters as never before. It is now the second largest economy in the world—and the largest in purchasing power parity. Even at half its historical economic growth rate, it con...

Chapter 2. Modernizing the Tax Policy Regime

Chapter 2. Modernizing the Tax Policy Regime »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

Fiscal reform is integral to China’s broad reform plans and key for achieving more inclusive and sustainable growth. The 13th Five-Year Plan commits to deepening tax reforms to facilitate economic transition...

Chapter 3. Strengthening Tax Administration

Chapter 3. Strengthening Tax Administration »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

China’s tax administration has improved substantially over the past two decades in the face of major changes in the economy and the tax system (see Chapter 2). This has contributed importantly to a doubling...

Chapter 4. A Medium-Term Expenditure Framework for More Effective Fiscal Policy

Chapter 4. A Medium-Term Expenditure Framework for More Effective Fiscal Policy »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

China has made modernizing its fiscal framework a key reform priority. This comes at a critical time as the country continues to move toward a more market-based allocation of resources and a greater role for...

Chapter 5. Social Security Reform for Sustainability and Equity

Chapter 5. Social Security Reform for Sustainability and Equity »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

China’s population is aging rapidly. The old-age dependency ratio (the population ages 65 and older as a share of the population 15–64) is projected to increase from 13 percent in 2015 to 47 percent in 2050....

Chapter 6. Local Government Finances and Fiscal Risks

Chapter 6. Local Government Finances and Fiscal Risks »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

Local governments play a critical role in executing fiscal policies in China. Aside from providing basic public services, they undertook sizable public investment that has contributed to remarkable growth. M...

Chapter 7. Interest Rate Transmission in a New Monetary Policy Framework

Chapter 7. Interest Rate Transmission in a New Monetary Policy Framework »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

China’s 13th Five-Year Plan highlighted the need for transition to a market-based monetary policy framework. The transition will involve changing the intermediate target of monetary policy from measures of m...

Chapter 8. Capital Account Opening and Capital Flow Management

Chapter 8. Capital Account Opening and Capital Flow Management »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

China is the world’s leading trading nation. Yet, remarkably, it is much less well integrated with the global financial system, and the country’s extensive controls on international capital flows are an impo...

Chapter 9. Renminbi Internationalization

Chapter 9. Renminbi Internationalization »

Source: Modernizing China : Investing in Soft Infrastructure

Series: Books

Author(s): W. Raphael Lam , Markus Rodlauer , and Alfred Schipke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 January 2017

ISBN: 9781513539942

Keywords: Economic reforms, reforms, economic success, growth model, policy frameworks, markets, market economy, soft infrastructure, institutions, rebalancing

The current role of emerging market currencies in the international monetary system is limited. However, the increasing importance of emerging markets in the global economy suggests that these currencies cou...