Listing 1 - 10 of 10 |
Sort by
|
Choose an application
Mali’s gold sector is an enclave with weak forward and backward linkages with the rest of the economy. Given the predominance of the fiscal transmission channel, it is important that the design of the mineral tax regime gives the state a fair share of the benefits. Using optimal control theory, this paper estimates that the optimal royalty tax in Mali is about 3.5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the fiscal regimes in other sub-Saharan African countries in its mix of tax instruments and tax structure.
Investments: Metals --- Taxation --- Natural Resource Extraction --- Natural Resources --- Taxation, Subsidies, and Revenue: General --- Exhaustible Resources and Economic Development --- Economywide Country Studies: Africa --- Industry Studies: Primary Products and Construction: General --- Metals and Metal Products --- Cement --- Glass --- Ceramics --- Nonrenewable Resources and Conservation: General --- Business Taxes and Subsidies --- Personal Income and Other Nonbusiness Taxes and Subsidies --- Extractive industries --- Investment & securities --- Public finance & taxation --- Environmental management --- Mining sector --- Gold --- Non-renewable resources --- Oil, gas and mining taxes --- Royalty tax --- Economic sectors --- Commodities --- Environment --- Taxes --- Mineral industries --- Natural resources --- Income tax --- Mali
Choose an application
Nutritionary hygiene. Diet --- Economic policy and planning (general) --- Third World: agricultural and food problems --- Developing countries --- Pays en développement --- Céréale --- Cereals --- Prix à la production --- Producer prices --- Prix à la consommation --- Consumer prices --- Formation des prix --- Price formation --- Politique des prix --- Price policies --- Stabilisation du marché --- Market stabilization --- Sécurité alimentaire --- food security --- Asie --- Asia --- Food prices --- -Grain --- -Grain trade --- -Price maintenance --- -Fair trade --- Maintenance of prices --- Price fixing, Resale --- Price stabilization, Industrial --- Resale price fixing --- Resale price maintenance --- Price fixing --- Produce trade --- Breadstuffs --- Cereal grains --- Grains --- Botany, Economic --- Field crops --- Flour --- Food --- Food crops --- Seed crops --- Agricultural prices --- Food industry and trade --- Prices --- -Prices --- Grain trade --- Grain --- Price maintenance --- -Food prices --- Fair trade --- Developing countries: agricultural and food problems
Choose an application
This paper describes the nature and evolution of poverty in Nigeria between 1985 and 1992. It highlights the potential wealth of the Nigerian economy and examines how the economic policies pursued in the 1980s and 1990s impacted economic growth and welfare. The headcount measure of poverty in Nigeria declined from 43 percent to 34 percent between 1985 and 1992. Decomposing the factors causing the reduction in poverty shows that the overall decline of 9 percentage point was the net result of a 14 percentage point decline owing to the growth factor and a 5 percentage point increase owing to the income distribution factor. The paper proposes that promoting broad-based growth and targeted interventions in health, education, and infrastructure need to be central strategies in the fight against poverty in Nigeria.
Macroeconomics --- Social Services and Welfare --- Demography --- Poverty and Homelessness --- Measurement and Analysis of Poverty --- Economic Development: Human Resources --- Human Development --- Income Distribution --- Migration --- Economic Growth and Aggregate Productivity: General --- Welfare, Well-Being, and Poverty: General --- Government Policy --- Provision and Effects of Welfare Program --- Aggregate Factor Income Distribution --- Demographic Economics: General --- Personal Income, Wealth, and Their Distributions --- Poverty & precarity --- Social welfare & social services --- Population & demography --- Poverty --- Poverty reduction --- Income distribution --- Population and demographics --- Personal income --- National accounts --- Population --- Income --- Nigeria
Choose an application
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 determine the price of extraction rights. However, a number of factors-including a lack of information on the forest resources under consideration, uncertainties as to the stability of property rights over time, and a lack of access to credit-have limited the use of auctions so far, particularly in low-income countries. To establish transparency of the forestry sector's financial flows, this paper discusses a radical simplification of Liberia's current timber tax structure, including a proposal to reduce the sector's current tax system to two instruments, an area tax and an export tax.
Electronic books. -- local. --- Forest products -- Taxation -- Liberia. --- Forests and forestry -- Taxation -- Liberia. --- Taxation -- Liberia. --- Exports and Imports --- Taxation --- Agribusiness --- Natural Resources --- Taxation, Subsidies, and Revenue: General --- Renewable Resources and Conservation: Forestry --- Economywide Country Studies: Africa --- Agricultural Markets and Marketing --- Cooperatives --- Agricultural and Natural Resource Economics --- Environmental and Ecological Economics: General --- Trade Policy --- International Trade Organizations --- Trade: General --- Agriculture, agribusiness & food production industries --- Public finance & taxation --- Environmental management --- International economics --- Forestry industry --- Agroindustries --- Tax incentives --- Natural resources --- Tariffs --- Exports --- Economic sectors --- Environment --- Taxes --- International trade --- Forestry tax --- Agricultural industries --- Tariff --- Forests and forestry --- Liberia --- Forest products
Choose an application
Social policy --- National wealth --- Nigeria
Choose an application
Choose an application
Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to systematically affect growth developments in BLNS countries as a group. Nevertheless, vector autoregressions, which allow country-specific parameters, suggest some strong spillovers onto the smaller economies.
Investments --- Monetary policy --- Fiscal policy --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Tax policy --- Taxation --- Finance, Public --- Monetary management --- Currency boards --- Money supply --- Investing --- Investment management --- Portfolio --- Finance --- Disinvestment --- Loans --- Saving and investment --- Speculation --- Government policy --- Southern African Customs Union --- SACU --- Economic conditions. --- South Africa --- Africa, Southern --- Southern Africa --- Africa, South --- Foreign economic relations --- Commerce --- E-books --- Exports and Imports --- Foreign Exchange --- Macroeconomics --- Empirical Studies of Trade --- Multinational Firms --- International Business --- International Policy Coordination and Transmission --- Economywide Country Studies: Africa --- Trade: General --- Externalities --- International economics --- Currency --- Foreign exchange --- Exports --- Real exchange rates --- Imports --- Terms of trade --- Spillovers --- International trade --- Financial sector policy and analysis --- nternational cooperation --- International finance --- Nternational cooperation
Choose an application
This paper documents the two debt restructurings that Grenada undertook in 2004–06 and 2013–15.Both restructurings emerged as a consequence of weak fiscal and debt situations, whichbecame unsustainable soon after external shocks hit the island economy. The two restructurings provided liquidity relief, with the second one involving a principal haircut. However, the first restructuring was not able to secure long-term debt sustainability. Grenada’s restructuring experience shows the importance of (1) establishing appropriate debt restructuring objectives; (2) committing to policy reforms and maintaining ownership of the restructuring goals; and (3) engaging closely and having clear communications with creditors.
Debts, External --- Debts, Foreign --- Debts, International --- External debts --- Foreign debts --- International debts --- Debt --- International finance --- Investments, Foreign --- Management. --- Exports and Imports --- Financial Risk Management --- Investments: Bonds --- Public Finance --- International Lending and Debt Problems --- International Financial Markets --- Debt Management --- Sovereign Debt --- General Financial Markets: General (includes Measurement and Data) --- Finance --- Investment & securities --- Public finance & taxation --- International economics --- Debt restructuring --- Bonds --- Public debt --- Sovereign debt restructuring --- Debt service --- Asset and liability management --- Financial institutions --- Debt sustainability --- External debt --- Debts, Public --- Grenada
Choose an application
Poverty --- Statistics.
Choose an application
Weighed down by population aging, slow economic growth, and high unemployment, National Insurance Schemes in the Caribbean are projected to run substantial deficits and deplete their assets in the next decades, raising the prospects of government intervention. With the region highly indebted, this paper quantifies the impact of three parametric reforms—freezing pension benefits for two years, raising the retirement age and increasing the contribution rate by one percentage point—that, if implemented, would put the pension schemes on a stronger financial footing. While the appropriate combination of reforms necessary to eliminate the actuarial deficits varies depending on each country’s circumstances, most countries need to undertake reforms now or risk even higher taxes, lower growth and unsustainable debt dynamics.
Old age pensions --- Retirement age --- Economic development --- E-books --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Age of retirement --- Pension age --- Age and employment --- Retirement, Mandatory --- Employees --- OASI (Old age and survivors insurance) --- Old age and survivors insurance --- Older people --- Retirement pensions --- Survivors' benefits (Old age pensions) --- Pensions --- Labor --- Macroeconomics --- Public Finance --- Demography --- Social Security and Public Pensions --- National Government Expenditures and Related Policies: General --- National Government Expenditures and Welfare Programs --- Nonwage Labor Costs and Benefits --- Private Pensions --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Retirement --- Retirement Policies --- Aggregate Factor Income Distribution --- Population & demography --- Labour --- income economics --- Aging --- Pension spending --- Income --- Expenditure --- Population and demographics --- National accounts --- Population aging --- Barbados --- Income economics
Listing 1 - 10 of 10 |
Sort by
|