In response to a request from Saint Lucia’s Central Statistics Office (CSO), a technical assistance (TA) mission was conducted from September 2–13, 2024, to support the development of experimental ...

What instruments can governments deploy to prevent fiscal crises in decentralized fiscal systems? This analysis reveals that good public sector institutions, controls by the central government over ...

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 ...

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 ...

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 ...

The economic effects of these developments are expected to be sizeable. Our World Economic Outlook ‘reference scenario’ ...

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).

To relieve the pressure on the outdated international corporate tax system, an ambitious reform was agreed at the Inclusive Framework (IF) on Base Erosion and Profit Shifting in 2021, with now 138 ...

1 Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department. 2 Percentages of total votes (5,041,052) in the General Department ...

To contain global warming to between 2°C and 1.5°C, global greenhouse gas emissions must be cut 25 to 50 percent below 2019 levels by 2030. Even if fully achieved, current country pledges would cut ...

This paper presents a novel approach to addressing VAT regressivity, by proposing the adoption of a progressive VAT: a single-rate, broad-base, VAT, whereby tax paid on consumption is re-paid to lower ...

Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is ...