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The Fiscal Costs of Contingent Liabilities

The Fiscal Costs of Contingent Liabilities »

Volume/Issue: 2016/14

Series: IMF Working Papers

Author(s): Elva Bova , Marta Ruiz-Arranz , Frederik Toscani , and H. Elif Ture

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 2016

DOI: http://dx.doi.org/10.5089/9781498303606.001

ISBN: 9781498303606

Keywords: Fiscal Crisis, General, All Countries,, Budget deficits, Public debt, Contingent liabilities

We construct the first comprehensive dataset of contingent liability realizations in advanced and emerging markets for the period 1990–2014. We find that contingent liability realizations are a major source of fisc...

How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits

How Much Carbon Pricing is in Countries' Own Interests? The Critical Role of Co-Benefits »

Volume/Issue: 2014/174

Series: IMF Working Papers

Author(s): Ian Parry , Chandara Veung , and Dirk Heine

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2014

DOI: http://dx.doi.org/10.5089/9781498358279.001

ISBN: 9781498358279

Keywords: carbon pricing, co-benefits, air pollution, fuel taxes, top twenty emitters, benefits, natural gas, fossil fuel, greenhouse gas, Government Policy

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate bene...

The Global Financial Crisis
			: An Anatomy of Global Growth

The Global Financial Crisis : An Anatomy of Global Growth »

Volume/Issue: 2013/76

Series: IMF Working Papers

Author(s): Troy Matheson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 March 2013

DOI: http://dx.doi.org/10.5089/9781484362013.001

ISBN: 9781484362013

Keywords: Growth Synchronization, global shocks, global financial crisis, idiosyncratic shocks, pre-crisis, Bayesian Analysis, Time-Series Models, International Policy Coordination and Transmission, Open Economy Macroeconomics,

The global financial crisis was a stark reminder of the importance of cross-country linkages in the global economy. We document growth synchronization across a diverse group of 185 countries covering 7 regions, and...

International Monetary Fund Annual Report 1981

International Monetary Fund Annual Report 1981 »

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1981

DOI: http://dx.doi.org/10.5089/9781616351939.011

ISBN: 9781616351939

Keywords: exchange rate, exchange rates, current account, foreign exchange, balance of payments

This paper reviews key findings of the IMF's Annual Report for the fiscal year ended April 30, 1981. The report highlights that the world economic situation during 1980 and the first half of 1981 was difficult and...