This paper describes a new, comprehensive database of tax policy measures in 23 advanced
and emerging market economies over the last four decades. We extract this information …

Product and labor market reforms are needed to lift persistently sluggish growth in
advanced economies. But reforms have progressed slowly because of concerns about their …

Many countries face the challenge of raising additional tax revenues without hurting economic
growth. Comprehensive, cross-country information on the revenue impact of tax policy …

Low-income countries routinely experience exogenous disturbances—sharp swings in the
terms of trade, export demand, natural disasters, and volatile financial flows—that contribute …

Many countries face the challenge of raising additional tax revenues without hurting economic
growth. Comprehensive, cross-country information on the revenue impact of tax policy …

This paper describes a new, comprehensive database of tax policy measures in 23 advanced
and emerging market economies over the last four decades. We extract this information …

DISCLAIMER: Staff Discussion Notes (SDNs) showcase policy-related analysis and
research being developed by IMF staff members and are published to elicit comments and to …

Although the potential growth and welfare costs of external shocks in LICs are well documented,
the role of reserves in mitigating the impact of such shocks warrants further attention. An …

Macroeconomic volatility in LICs reflects a high frequency of exogenous shocks. Real
external shocks and natural disasters are more frequent in LICs compared with advanced and …

This chapter provides an overview of recent developments in reserve accumulation in LICs.
It also presents results of a reserve demand regression, which allows for a more systematic …