Republic of San Marino : Staff Report for the 2015 Article IV Consultation.
Over the last half decade, San Marino's economy has managed to weather the implosion of its offshore banking model, the global crisis, and Italy's decision to put San Marino on a tax blacklist. Together, these shocks resulted in a loss of a third of output since 2008, caused banking system...
| Συγγραφή απο Οργανισμό/Αρχή: | |
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| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Σειρά: | IMF Staff Country Reports; Country Report ;
No. 2015/094 |
| Διαθέσιμο Online: | Full text available on IMF |
| Περίληψη: | Over the last half decade, San Marino's economy has managed to weather the implosion of its offshore banking model, the global crisis, and Italy's decision to put San Marino on a tax blacklist. Together, these shocks resulted in a loss of a third of output since 2008, caused banking system NPLs to rise to over 40 percent-with the largest bank requiring 13 percent of GDP in public support-and pushed up net public debt by some 20 percent of GDP (from virtually nil five years ago). Looking forward, the economy is stabilizing, reflecting the inclusion of San Marino in Italy's tax whitelist, but downside risks persist. |
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| Περιγραφή τεκμηρίου: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Φυσική περιγραφή: | 1 online resource (40 pages) |
| Μορφή: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Πρόσβαση: | Electronic access restricted to authorized BRAC University faculty, staff and students |