March 25, 2022/IMF Weekend Read In today’s edition we focus, among other things, on the rewards countries can reap by adapting to climate change, the impact of the war in Ukraine on the world economy, especially Europe and Africa, the untapped potential of personal income tax, learning losses during the […]
OPINION/EDITORIAL
Special Purpose Entities Shed Light on the Drivers of Foreign Direct Investment
(Image: immimagery/Adobe Stock) CHART OF THE WEEK March 25, 2022/IMFBlog By Evrim Bese Goksu, Theo Bikoi, and Padma Hurree Gobin Conventional wisdom on capital flows holds that foreign direct investment is for the long-term, while securities and other flows may be more volatile. However, as Olivier Blanchard and Julien Acalin […]
Personal Income Tax Has Untapped Potential in Poorer Countries
(Photo:vlad_karavaev/iStock by Getty Images) March 24, 2022/IMFBlog By Dora Benedek, Juan Carlos Benítez, and Charles Vellutini Developing countries have shown remarkable progress in using the personal income tax. Many governments aiming to achieve a durable economic recovery from the pandemic must raise significant amounts of revenue in the fairest way […]
