Qatar Launches National Summary Data Page (NSDP)

Qatar has launched a National Summary Data Page (NSDP) in implementing the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS). The e?GDDS was established by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance

IMF and CNB Join Efforts to Address Demographic Challenges

The second joint conference entitled “Demographics, Jobs, and Growth: Navigating the Future in Central, Eastern and Southeastern Europe”, organized by the Croatian National Bank (CNB) and the International Monetary Fund (IMF), will begin today in Dubrovnik. This year’s conference focuses on the labor market and demographic challenges, the future of labor, and policies needed to sustain growth and reach Western European levels of income. During the first part of the conference, panelists will discuss the economic developments and capacity constraints arising from labor market shortages and skill mismatches

Property income from-whom-to-whom matrices: A dataset based on financial assets–liabilities stocks of financial instrument for Spain

A common problem in compiling and updating Social Accounting Matrices (SAM) or Input-Output tables is that of incomplete information. In the case of the submatrix ‘Property Income of the Account Allocation of Primary Income’, the information published by the National Bureau of Statistics of Spain (INE) is limited because it is not possible to build the set of from-whom-to-whom sub-matrix on income interest, dividends, securities and rents with only the subtotals presented in the Integrated Economic Accounts (IEA). This because the income distribution received and paid for by each institutional sector required for a financial SAM is not available, i.e. the INE does not break down the data by institutional destination and source. In this sense, our contribution rely on estimating a complete series of from-whom-to-whom matrices of Property Income for the Spanish economy between 1999 and 2016, in which we have devoted special attention to staying in line with the Data Gaps Initiative (DGI-2) recommendation released by the Financial Stability Board (FSB) and the International Monetary Fund (IMF), claiming that more focus is needed on data sets that support the monitoring of risks in the financial sector in response to regulatory and macro-financial emerging policy needs)

Tax revenue performance and vulnerability in developing countries

This paper addresses vulnerability of revenue to external shocks using export composition to capture economic structure and differentiating countries according to income levels, resource endowments and political regimes. This gives a richer characterization than previous studies. Lower income countries are vulnerable to shocks, especially in terms of trade (associated with the greatest revenue loss): democratic regimes seem to be less vulnerable to revenue losses due to shocks than non-democracies whereas revenue in resource rich is more vulnerable to shocks (except natural disasters) than non-resource rich countries. We find a negative relationship between manufacturing exports and revenue in lower income countries