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A Global Projection Model for Euro Area Large Economies

Jakab, Zoltan; Lukyantsau, Pavel; Wang, Shengzu - International Monetary Fund (IMF) - 2015

The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. This paper creates a special version of GPM that includes the four largest Euro Area (EA) countries. The EA countries are more vulnerable to domestic and external demand shocks because...

Persistent link: https://www.econbiz.de/10011242224

Privatization and Public Enterprises

Hemming, Richard; Mansoor, Ali M. - International Monetary Fund (IMF) - 1998

Persistent link: https://www.econbiz.de/10005590918

State-Owned Banks, Stability, Privatization, and Growth; Practical Policy Decisions in a World without Empirical Proof

Andrews, Michael - International Monetary Fund (IMF) - 2005

This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization. …

Persistent link: https://www.econbiz.de/10005769003

Transmission of Financial Stress in Europe: The Pivotal Role of Italy and Spain, but not Greece

González-Hermosillo, Brenda; Johnson, Christian A - International Monetary Fund (IMF) - 2014

Germany, Greece, Ireland, Italy, Spain and Portugal. The stability of Germany is a close proxy for the resilience of the euro … during 2009â€“12 were due to idiosyncratic factors, market developments in Italy and Spain contributed significantly, likely …€™s sovereign CDS despite initial widespread concerns about such linkages. Spain and Italy show a notable co-dependence in …

Persistent link: https://www.econbiz.de/10011142190

Recent Fiscal Developments in the European Countries of the G-7

Green, J. H.; Habermeier, Karl Friedrich; O'Callaghan, Gary - International Monetary Fund (IMF) - 1994

Persistent link: https://www.econbiz.de/10005605539

Risk Exposures and Financial Spillovers in Tranquil and Crisis Times; Bank-Level Evidence

Poirson, Hélène; Schmittmann, Jochen M. - International Monetary Fund (IMF) - 2013

For a sample of 83 financial institutions during 2003–2011, this paper attempts to answer three questions: first, what is the evolution of banks’ stock price exposure to country-level and global risk factors as approximated by equity indices; second, which bank-specific characteristics...

Persistent link: https://www.econbiz.de/10011242342

Corruption and Technology-Induced Private Sector Development

Ruhashyankiko, Jean-François; Yehoue, Etienne B. - International Monetary Fund (IMF) - 2006

This paper asks whether corruption might be the outcome of a lack of outside options for public officials or civil servants. We propose an occupational choice model embedded in an agency framework to address the issue. We show that technology-induced private sector expansion leads to a decline...

Persistent link: https://www.econbiz.de/10005599639

Cameroon; Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2003

The paper provides an overview of recent economic and social developments in Cameroon. The state and the dynamics of poverty has been analyzed. The pillars of the short- and medium-term growth and poverty reduction strategy have been described. The paper provides a quantitative assessment and...

Persistent link: https://www.econbiz.de/10005591034

Cambodia; Poverty Reduction Strategy Paper Progress Report

International Monetary Fund (IMF); International … - 2004

This paper examines Cambodiaâ€™s Poverty Reduction Strategy Paper Progress. The Cambodian economy grew by 5.2 percent in 2003 compared with 5.5 percent in 2002, led by continued growth in garments exports, a rebound in overall investments and an upward surge in agricultural production. The...

Persistent link: https://www.econbiz.de/10005768400

Taxation and Pricing of Petroleum Products in Developing Countries; A Framework for Analysis with Application to Nigeria

Hossain, Shahabuddin Mosherraf - International Monetary Fund (IMF) - 2003

Using the modern theory of public economics as the point of departure, this paper outlines a basic principle for setting taxes and/or prices of commodities based on two key criteria, efficiency and equity. The paper shows that for petroleum products, the basic principle needs modification in the...

Persistent link: https://www.econbiz.de/10005769021