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Central Bank Financial Strength in Central America and the Dominican Republic

Swiston, Andrew; Frantischek, Florencia; Gajdeczka, Przemek - International Monetary Fund (IMF) - 2014

This paper examines the financial strength of central banks in Central America and the Dominican Republic (CADR). Some central banks are working off the effects of intervention in distressed financial institutions during the 1990â€™s and early 2000â€™s. Their net income has improved...

Persistent link: https://www.econbiz.de/10011142063

Central America, Panama, and the Dominican Republic; Trade Integration and Economic Performance

Cas, Stephanie Medina; Swiston, Andrew; Barrot, Luis-Diego - International Monetary Fund (IMF) - 2012

This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional and global trade integration. CAPDR countries have enacted many free trade agreements and other...

Persistent link: https://www.econbiz.de/10011242361

Are Foreign Banks a 'Safe Haven'? Evidence from Past Banking Crises

Adler, Gustavo; Cerutti, Eugenio - International Monetary Fund (IMF) - 2015

behavior of depositors vis-à-vis foreign banks. We rely on data from the banking crises in Argentina and Uruguay over the …

Persistent link: https://www.econbiz.de/10011242311

The Macroeconomic Impact of Droughts in Uruguay : A General Equilibrium Analysis Using the Soil Moisture Deficit Index

François Clevy, Jean - 2025

Uruguay recently confronted the impact of a once-in-a-century severe drought, which affected key agricultural areas … - important exports in Uruguay's trade matrix. From October 2022 to April 2023, rainfall was about 47 percent below historical … shocks witnessed in Uruguay combined with its rich climate data make it the ideal candidate to understand if weather shocks …

Persistent link: https://www.econbiz.de/10015328131

Examining Price-Wage Dynamics in a Small Open Economy: The Case of Uruguay

Rabanal, Pau - 2024

wages. In Uruguay, the presence of centralized wage bargaining and indexation practices raises the question as to what …

Persistent link: https://www.econbiz.de/10015058398

Taming Financial Dollarization: Determinants and Effective Policies - The Case of Uruguay

Vargas, Mauricio - 2023

With some of the most significant levels of financial dollarization in the Western Hemisphere, Uruguay is characterized … devaluations have been associated with such outcome, the enduring nature of dollarization in Uruguay also underscores the …

Persistent link: https://www.econbiz.de/10015058911

Taxation and Development: Again

Keen, Michael - International Monetary Fund (IMF) - 2012

Issues of taxation and development, which have long been a central concern of the IMF, have attracted wider and renewed interest in the last few years. This paper reflects on three broad lessons of experience: that developing countries differ vastly in tax matters, and in ways that are less than...

Persistent link: https://www.econbiz.de/10011142024

Modeling the Impact of Taxes on Petroleum Exploration and Development

Smith, James L. - International Monetary Fund (IMF) - 2012

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would...

Persistent link: https://www.econbiz.de/10011142038

Targeting, Cascading, and Indirect Tax Design

Keen, Michael - International Monetary Fund (IMF) - 2013

This paper addresses two fundamental issues in indirect tax design. It first revisits the case for reduced rates on items especially important to the poor, establishing conditions under which even very crudely targeted spending measures better serve their interests. It then explores the welfare...

Persistent link: https://www.econbiz.de/10011123815

Resource Blessing, Revenue Curse? Domestic Revenue Effort in Resource-Rich Countries

Crivelli, Ernesto; Gupta, Sanjeev - International Monetary Fund (IMF) - 2014

This paper uses a newly constructed revenue dataset of 35 resource-rich countries for the period 1992-2009 to analyze the impact of expanding resource revenues on different types of domestic (non resource) tax revenues. Overall, we find a statistically significant negative relationship between...

Persistent link: https://www.econbiz.de/10011123866