Republic of San Marino: Selected Issues for the 2010 Article IV Consultation

March 30, 2011

Preview Citation

Format: Chicago

Republic of San Marino: Selected Issues for the 2010 Article IV Consultation, (USA: International Monetary Fund, 2011) accessed November 10, 2024

Summary

This paper examines the development of the business model thus far and considers options for the future. The development of San Marino’s financial system over the past two decades is outlined. San Marino’s financial sector focuses on services to its residents and the residents of its large neighbor. San Marino’s competitiveness is assessed on the basis of real exchange rates. The importance of a strong relationship with Italy may also require San Marino to take more initiatives to amend its position and acquire new skills.

Subject: Banking, Competition, Economic sectors, Financial markets, Financial sector, Labor, Labor costs, Labor markets

Keywords: Competition, CR, Cross-border worker, Financial sector, Global, ISCR, Italy, Labor cost advantage, Labor costs, Labor force, Labor markets, Production chain, Sammarinese authorities, Sammarinese bank, Worker

Publication Details

Pages:

47
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/079
Stock No:

1SMREA2011002
ISBN:

9781455229109
ISSN:

1934-7685

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