Showing 1 - 10 of 1,094
schemes to strengthen mitigation incentives for the transportation, industry, building, forestry, and agricultural sectors …
Persistent link: https://www.econbiz.de/10012610730
Persistent link: https://www.econbiz.de/10012796640
This paper reviews forestry reform in the Congo basin, focusing on Gabon. It argues that the key challenge for the … Congo basin countries is to manage their forests in a sustainable manner. It presents the current situation of forestry … taxation and forestry reform in Gabon. The paper analyzes optimal taxation in the forestry sector using a static model. The …
Persistent link: https://www.econbiz.de/10014401158
Countries generally tax the forestry sector to achieve the twin objectives of revenue maximization and sustainability … of logging levels. In an ideal world of perfect markets and information, auctions would be the best instrument to …-have limited the use of auctions so far, particularly in low-income countries. To establish transparency of the forestry sector …
Persistent link: https://www.econbiz.de/10014404209
This paper proposes an approach to track US$1 trillion of emerging market government debt held by foreign investors in local and hard currency, based on a similar approach that was used for advanced economies (Arslanalp and Tsuda, 2012). The estimates are constructed on a quarterly basis from...
Persistent link: https://www.econbiz.de/10014411133
attracted increasing interest from the international community with the G-20, IMF, and World Bank Group assuming an active role …
Persistent link: https://www.econbiz.de/10014411145
risks associated with increased cross-border capital flows and greater integration with the rest of the world …
Persistent link: https://www.econbiz.de/10014411153
This paper provides a definition of global liquidity consistent with its meaning as the “ease of financing” in international financial markets. Using a longer time series and broader sample of countries than in previous studies, it identifies global factors driving cross-border bank flows,...
Persistent link: https://www.econbiz.de/10014411210
We create a network of bilateral correlations of changes in sovereign bond yields and individual bank equity price changes since 2000. We extract some stylized facts from this network of asset price correlations and document the clear differences in asset price correlations between safe havens...
Persistent link: https://www.econbiz.de/10014411222
We analyze holdings of public bonds by over 20,000 banks in 191 countries, and the role of these bonds in 20 sovereign defaults over 1998-2012. Banks hold many public bonds (on average 9% of their assets), particularly in less financially-developed countries. During sovereign defaults, banks...
Persistent link: https://www.econbiz.de/10014411356