| Description |
1 online resource (33 pages) |
| Series |
IMF Working Papers |
|
IMF Working Papers
|
| Contents |
I. Introduction; II. Tax Concessions in the ECCU; A. Firm-Level Analysis; Figures; 1. Regional Comparisons: GDP Growth and Tourism Receipts; Tables; 1. Firm Size and Concessions: A Rank Correlation Analysis; B. Purposes of Concessions; III. Revenue Costs of Concessions; 2. Concessions by Purpose; A. Exemptions from Import Duties and Taxes; 3. ECCU: Customs Revenue Losses from Concessions; 2. ECCU: Import-Related Taxes and Revenue Forgone from Concessions; B. Corporate Income Tax Holidays; 3. ECCU: Corporate Income Taxes and Revenue Forgone from Concessions |
|
4. ECCU: Corporate Income Tax CollectionsC. Revenue Collection from Removing Concessions: An Elasticies Approach; IV. Benefits of Incentives: FDI Performance in the ECCU; 5. Revenue Gains from the Removal of Concessions: An Elasticities Approach; 6. FDI Performance Index; 4. FDI/GDP and Tax Concessions; 7. Data for Cross-Country Regression Analysis: Summary Statistics; 5. FDI/GDP and FDI Restrictions Index; 6. FDI/GDP and FDI Incentives Index; 7. FDI/GDP and Statutory Corporate Income Tax Rate; 8. FDI/GDP and Statutory Import-Related Tax Rate |
|
8. Cross-Country Ordinary Least Square Regressions: Dependent Variable Ln (FDI/GDP)V. Policy Alternatives; 9. Cross-Country Ordinary Least Square Regressions: Dependent Variable Ln (FDI per capita); 10. Tax Holidays: An Illustrative Example; 11. Accelerated Depreciation and Loss Carry Forward: An Illustrative Example; VI. Conclusions; Appendices; I. Calculating the Change in Revenue from Removing Import-Related Tax Concessions; II. Constructing Foreign Direct Investment Regime Indices; Appendix Tables; II. 1. Government Policies Toward Foreign Direct Investment; References |
| Summary |
Many developing economies are heavily exposed to commodity markets, leaving them vulnerable to the vagaries of international commodity prices. This paper examines the use of commodity options-including plain vanilla, risk reversal, and barrier options-to hedge such risk. It then proposes the use of a new structured product-a sovereign Eurobond with an embedded option on a specific commodity price |
| Notes |
Available in PDF, ePUB, and Mobi formats on the Internet |
| Subject |
Eastern Caribbean Currency Union.
|
| SUBJECT |
Eastern Caribbean Currency Union fast |
| Subject |
Tax credits -- Caribbean Area -- Econometric models
|
|
Investments, Foreign -- Caribbean Area -- Econometric models
|
|
Monetary unions -- Caribbean Area -- Econometric models
|
|
Investments, Foreign -- Econometric models
|
|
Monetary unions -- Econometric models
|
|
Caribbean Area
|
| Form |
Electronic book
|
| Author |
Chai, Jingqing
|
|
Goyal, Rishi
|
|
International Monetary Fund.
|
| ISBN |
1451915683 |
|
9781451915686 |
|
