This paper explores how digitalization in the corporate sector can boost tax revenue collection,. finding that stronger firm digitalization is associated with higher tax revenues across countries and ...

Income in Andorra has stagnated in the last 50 years. Starting from a very high level compared to peers, it has not grown as fast, as investment and productivity have lagged behind. In this study, we ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation What instruments can governments deploy to prevent fiscal crises in decentralized fiscal systems? This analysis reveals ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Andorra has the highest life expectancy and the lowest fertility rate in Europe, resulting in one of the fastest-aging ...

Many emerging market economies are trying to improve their budget processes and move to performance-based budgeting. This paper first reviews the evolution of the "new" performance budgeting model, ...

Traditional theory suggests that more profitable banks should have lower risk-taking incentives. Then why did many profitable banks choose to invest in untested financial instruments before the crisis ...

This how-to note focuses on the management of the fiscal costs associated with natural disaster risks. Unlike other types of fiscal risks (for example, unexpected macroeconomic changes or ...

The currency union has been providing a strong anchor for macroeconomic stability in a shock-prone region, highlighted by the impact of Hurricane Beryl last year. Tourism-backed post-pandemic growth ...

At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Michael Perks visited Barbados between May 2-8 to discuss the implementation of Barbados’ Economic ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with member countries on common policies of the Eastern Caribbean Currency Union (ECCU).

Mr. Kenji Okamura, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement today in San Marino at the end of his visit: ...

An International Monetary Fund (IMF) team led by Mr. Mauricio Villafuerte held meetings in Kingston (and virtually) with Jamaica government counterparts, private sector, civil society, and development ...