Author/Editor: Reda Cherif, Fuad Hasanov.

Release Date: January, 2012

Policymakers in oil-exporting countries confront the question of how to allocate oil revenues among consumption, saving, and investment in the face of high income volatility. We study this allocation more...

Author/Editor: S. M. Ali Abbas, Alexander Klemm, Sukhmani Bedi, Junhyung Park.

Release Date: January, 2012

This paper assembles a new dataset on corporate income tax regimes in 50 emerging and developing economies over 1996-2007 and analyzes their impact on corporate tax revenues and domestic and foreign more...

Author/Editor: Sonali Das, Amadou N Sy.

Release Date: January, 2012

We study how investors account for the riskiness of banks' risk-weighted assets (RWA) by examining the determinants of stock returns and market measures of risk. We find that banks with higher RWA more...

Author/Editor: Adolfo Barajas, Mario Catalan.

Release Date: December, 2011

We study the behavior of private pension funds as large depositors in a banking system. Using panel data analysis, we examine whether, and if so how, pension funds influence market discipline in more...

Release Date: August, 2011

Statistics of Kuwait’s economics are presented in this paper. Some of the areas covered include gross domestic product prices, gross domestic expenditure; production, disposal, and prices of oil, more...

Release Date: July, 2011

Release Date: June, 2011

Release Date: March, 2011

Author/Editor: Malhar S Nabar, Murtaza H Syed.

Release Date: February, 2011

Ensuring stable growth in the postcrisis world economy will require a rebalancing of economic activity in several countries. In Asia’s export-dependent economies, this entails relying more on more...

Release Date: January, 2011

Author/Editor: Alvaro Piris.

Release Date: January, 2010

Strong growth in investment made a key contribution to the economic recovery in Argentina earlier this decade. The paper uses firm-level data to assess changes in financing constraints and the more...

Release Date: May, 2008

This paper provides an assessment of Greece’s competitiveness, export performance, and national saving and investment. It examines the Greek tax ratio and structure, and places them in the EU more...

Author/Editor: John D Brondolo, Frank Bosch, Eric Le Borgne, Carlos Silvani.

Release Date: May, 2008

Tax administration reforms can play an important role in fiscal adjustment. This role is examined by reviewing Indonesia's tax reform cum fiscal adjustment experience since 2001. The paper describes more...

Release Date: February, 2008

The recent uptrend in Namibia’s current account surplus reflects an increase in public and private savings. Tighter domestic investment rules will not reduce capital outflows. The phasing and more...

Release Date: February, 2008

Sound macroeconomic policies, good governance, and high levels of investment, supported by diamond and other mineral production, have moved Botswana into the ranks of middle-income countries. more...

Release Date: February, 2008

High capital inflows and rising vulnerabilities underscore the importance of a comprehensive approach to ensuring stability. Standard balance sheet indicators mask a substantial build-up of exposures more...

Release Date: February, 2008

The Czech Republic’s strong fundamentals helped to sustain economic growth with low unemployment and underpin strides toward convergence with EU-15. Executive Directors welcomed the euro more...

Release Date: January, 2008

The Welfare Improvement Strategy (WIS) of Uzbekistan has the objective of improving living standards of its people with the help of strong economic policies for all priority areas of development. The more...

Release Date: January, 2008

Despite notable potential in mining and agriculture, Guinea’s macroeconomic situation deteriorated between 2002 and 2006. Since April 2007, the government has begun to stabilize the economy by more...

Release Date: December, 2007

This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Niger. Growth prospects for 2007 are favorable, particularly because of strong more...