Search Results - subject:"commitments"

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Evaluating Designs for a Fiscal Rule in Bulgaria

Andritzky, Jochen R. - International Monetary Fund (IMF) - 2011

The enhanced Stability and Growth Pact calls on euro area members and aspirants to set boundaries to fiscal deficits through high-level legislation. A limit on the deficit, such as the deficit ceiling in Bulgaria's organic budget law, serves to protect solvency. The recent crisis clearly...

Persistent link: https://www.econbiz.de/10009370549

Boards: Independent and Committed Directors?

Gantenbein, Pascal; Volonté, Christophe - Wirtschaftswissenschaftliches Zentrum, Universität Basel - 2011

external professional commitments. Using To- bin’s Q as an approximation of market valuation and controlling for endogeneity …, our empirical analysis reveals that neither external commitments are negatively related to firm performance nor is … invalidate rules advocating independent directors and oppose the engagement of directors with external commitments. …

Persistent link: https://www.econbiz.de/10009397220

Antitrust and Regulation in Commitment Decisions Regarding Energy Markets

Alessandro, Noce - In: Mercato Concorrenza Regole (2011) 2, pp. 333-358

Il lavoro affronta la tematica dei rapporti tra antitrust e regolazione alla luce di alcuni recenti casi antitrust della Commissione Europea e dell'Autorità di concorrenza italiana nel settore dell'energia che si sono chiusi con decisioni di accettazioni di impegni presentati dalle imprese e...

Persistent link: https://www.econbiz.de/10011157996

Israel; Selected Issues

International Monetary Fund (IMF); International … - 2011

The study shows that the Israeli economy has emerged unscathed from the global financial crisis. The first part of the study outlines the relationship between risk and Israelâ€™s macroeconomic performance, estimated through a regression analysis. The second part of the study focuses on...

Persistent link: https://www.econbiz.de/10011243589

Burkina Faso; Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

International Monetary Fund (IMF); International … - 2011

This study discusses how Burkina Fasoâ€™s economy recovered from the 2009 downturn. Recent economic and social developments used to overcome the 2009 downturn are explained. Discussions on fiscal policy and mitigating measures against exogenous shocks, external sector policies and reforms,...

Persistent link: https://www.econbiz.de/10011244571

Hungary; Ex Post Evaluation of Exceptional Access Under the 2008 Stand-By Arrangement

International Monetary Fund (IMF); International … - 2011

The program was successful in strengthening the economy and stabilizing market conditions, although part of the fiscal achievements were reversed after the program lapsed. The 2008 Stand-By Arrangement (SBA) with Hungary successfully stabilized financial market conditions and strengthened the...

Persistent link: https://www.econbiz.de/10011245034

ФИНАНСОВО-ПРАВОВОЙ АСПЕКТ ПОДДЕРЖКИ ЭКОНОМИЧЕСКОГО И СОЦИАЛЬНОГО РАЗВИТИЯ КОРЕННЫХ МАЛОЧИСЛЕННЫХ НАРОДОВ СЕВЕРА, СИБИРИ И ДАЛЬНЕГО ВОСТОКА РОССИЙСКОЙ ФЕДЕРАЦИИ»

АЛЕКСАНДРОВНА, ТОРИЯ РИТА - In: Бизнес в законе. … (2011) 3, pp. 55-58

В данной статье анализируется финансово-правовой аспект поддержки экономического и социального развития коренных малочисленных народов Севера, Сибири и...

Persistent link: https://www.econbiz.de/10011224308

Fog in GATS commitments: Boon or bane?

Adlung, Rudolf; Morrison, Peter; Roy, Martin; Zhang, Weiwei - Economic Research and Statistics Division (ERSD), World … - 2011

commitments under the GATS meant that great flexibility was given to Members in selecting the sectors concerned and specifying the …, which still account for the majority of current commitments, contain a variety of unclear or superfluous entries that may … possibility of technical refinements that leave the substance of commitments unchanged. However, not only was this possibility …

Persistent link: https://www.econbiz.de/10011115084

The value of bindings

Bacchetta, Marc; Piermartini, Roberta - Economic Research and Statistics Division (ERSD), World … - 2011

One of the goals of the multilateral trading system is to enhance the stability and predictability of the environment in which traders operate.Binding tariffs at the WTO reduces the scope for their discretionary use. But, countries have bound tariffs at ceiling levels often substantially above...

Persistent link: https://www.econbiz.de/10011115133

Considering the IMF's Perspective on a "Sound Fiscal Policy"

Heller, Peter S. - International Monetary Fund (IMF) - 2002

This paper provides a perspective on how the IMF assesses a “sound fiscal policy,” focusing principally on industrial and emerging market economies. It observes six central criteria: the short-term fiscal policy stance, with greater emphasis on automatic stabilizers than discretionary fiscal...

Persistent link: https://www.econbiz.de/10005264256