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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2011. "Republic of San Marino: Selected Issues for the 2010 Article IV Consultation," IMF Staff Country Reports 2011/079, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/079
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    References listed on IDEAS

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    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
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