This paper presents estimates of the carbon emissions of FDI from capital formation funded by FDI and the production of foreign-controlled firms. The carbon intensity of capital formation financed by FDI has trended down, driven by reductions in the carbon intensity of electricity generation. Carbon emissions from the operations of foreign-controlled firms are greater than those from their capital formation. High emission intensities were accompanied by high export intensities in mining, transport, and manufacturing. Home country policies to incentivize firms to meet strict emissions standards in both their domestic and foreign operations could be important to reducing emissions globally.
Abstract
The 2018 Annual Report of the IMF Committee on Balance of Payments Statistics provides an overview of trends in global balance of payments statistics.
This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue a coordinated approach to investment incentives, one possible solution would be to agree on a Code of Conduct for Investment Incentives and Company Income Taxation. A transparent tax system with a broad base would reduce the demand by investors for tax holidays.
Abstract
This book, written by the staff of the IMF Institute, offers a series of workshops on Kenya that are used as a case study in the Institute's course on Financial Analysis and Policy for officials of IMF member countries. The workshops combine theory and practice for a better understanding of the use of major financial policy instruments in the management of national economies.
Abstract
This book written by the staff of the IMF Institute, offers a series of workshops on Kenya that are used as a case study in the Institute's course on Financial Analysis and Policy for officials of IMF member countries. The workshops combine theory and practice for a better understanding of the use of major financial policy instruments in the management of national economies.
Abstract
In its courses on Financial Analysis and Policy, the IMF Institute for many years has utilized a set of integrated workshops designed to enable the participants to apply the analytical tools discussed in these courses to an actual situation in a member country of the International Monetary Fund. These workshops, which have been elaborated upon and refined over the years in the light of teaching experience, assist the participants in preparing a financial program for a given country. Such a program consists of a set of policies in the monetary, fiscal, and balance of payments fields to achieve a balance between financial resources and their use. Therefore, these workshops deal with the organization of statistical data in a relevant framework, the economic analysis of the data, and the formulation of policies to achieve desired objectives.