Fiscal Monitor, April 2020 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Monitor, April 2020 write by International Monetary Fund. Fiscal Affairs Dept.. This book was released on 2020-04-15. Fiscal Monitor, April 2020 available in PDF, EPUB and Kindle. Chapter 1 argues that fiscal policies are at the forefront of responding to the COVID-19 pandemic. Fiscal measures can save lives, protect the most-affected people and firms from the economic impact of the pandemic, and prevent the health crisis from turning into a deep long-lasting slump. A key priority is to fully accommodate spending on health and emergency services. Global coordination is for a universally low-cost vaccine and to support countries with limited health capacity. Large, temporary and targeted support is urgently needed for affected workers and firms until the emergency abates. As the shutdowns end, broad-based, coordinated fiscal stimulus—where financing conditions permit—will become more effective in fostering the recovery. Chapter 2 argues that fiscal policies are at the forefront of facilitating an economic recovery from the COVID-19 pandemic once the Great Lockdown ends. Policymakers can achieve this objective with IDEAS: Invest for the future—in health systems, infrastructure, low carbon technologies, education, and research; adopt well-planned Discretionary policies that can be deployed quickly; and Enhance Automatic Stabilizers, which are built-in budgetary tax and spending measures that automatically stabilize incomes and consumption. Importantly, improving unemployment benefit systems and social safety nets can protect household incomes from adverse shocks and strengthen resilience against future epidemics. Over the past decade, state-owned enterprises (SOEs) have doubled in importance among the world’s largest corporations. They often deliver basic services such as water, electricity, and loans for families and small businesses. At their best, they can help promote higher economic growth and achieve development goals. However, many are a burden to taxpayers and the economy. Chapter 3 discusses what governments can do to get the most out of SOEs. This includes ensuring the firm’s managers have the right incentives and there is effective oversight. It also requires a high degree of transparency of their activities.
Fiscal Politics
Fiscal Politics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Politics write by Vitor Gaspar. This book was released on 2017-04-07. Fiscal Politics available in PDF, EPUB and Kindle. Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic. The book has three parts: part 1 (9 chapters) outlines the problems; part 2 (6 chapters) outlines how institutions and fiscal rules can offer solutions; and part 3 (4 chapters) discusses how multilevel governance frameworks can help.
Fiscal Monitor, April 2021
Fiscal Monitor, April 2021 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Monitor, April 2021 write by International Monetary Fund. This book was released on 2021-04-07. Fiscal Monitor, April 2021 available in PDF, EPUB and Kindle. The April 2021 edition of the Fiscal Monitor focuses on tailoring fiscal responses to the COVID-19 pandemic and adopting policies to reduce inequality and gaps
Fiscal Monitor, October 2020
Fiscal Monitor, October 2020 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Monitor, October 2020 write by International Monetary Fund. Fiscal Affairs Dept.. This book was released on 2020-10-14. Fiscal Monitor, October 2020 available in PDF, EPUB and Kindle. Chapter 1 of the report draws some early lessons from governments’ fiscal responses to the pandemic and provides a roadmap for the recovery. Governments’ measures to cushion the blow from the pandemic total a staggering $12 trillion globally. These lifelines and the worldwide recession have pushed global public debt to an all-time high. But governments should not withdraw lifelines too rapidly. Government support should shift gradually from protecting old jobs to getting people back to work and helping viable but still-vulnerable firms safely reopen. The fiscal measures for the recovery are an opportunity to make the economy more inclusive and greener. Chapter 2 of this report argues that governments need to scale up public investment to ensure successful reopening, boost growth, and prepare economies for the future. Low interest rates make borrowing to invest desirable. Countries that cannot access finance will, however, need to do more with less. The chapter explains how investment can be scaled up while preserving quality. Increasing public investment by 1 percent of GDP in advanced and emerging economies could create 7 million jobs directly, and more than 20 million jobs indirectly. Investments in healthcare, housing, digitalization, and the environment would lay the foundations for a more resilient and inclusive economy.
Fiscal Monitor, April 2022
Fiscal Monitor, April 2022 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Monitor, April 2022 write by International Monetary Fund. This book was released on 2022-04-20. Fiscal Monitor, April 2022 available in PDF, EPUB and Kindle. Chapter 1 discusses how fiscal policy operates amid a sharp rise in uncertainty caused by the war in Ukraine. Chapter 2 discusses how international coordination on tax matters can support revenue, inclusion, tax transparency, and greener economies.
