Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges - 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 Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges write by International Monetary Fund. Fiscal Affairs Dept.. This book was released on 2016-08-04. Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges available in PDF, EPUB and Kindle. Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, spending on the wage bill absorbs around one-fifth of total spending. Cross-country variation in wage spending reflects, in part, national choices about the government’s role in priority sectors, as well as variations in the level of economic development and resource constraints.
Case Studies on Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges
Case Studies on Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges - 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 Case Studies on Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges write by International Monetary Fund. This book was released on 2016-12-04. Case Studies on Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges available in PDF, EPUB and Kindle. This supplement presents country case studies reviewing country experiences with managing wage bill pressures, which are the basis for the compensation and employment reform lessons identified in the main paper. The selection of countries for the case studies reflects past studies carried out by either the IMF or the World Bank in the context of technical assistance or bilateral surveillance (Table 1). These studies provide important insights into the different sources of wage bill pressures as well as the reform challenges governments have faced when addressing these pressures over the short and medium term. The studies cover 20 countries, including five advanced economies, six countries from sub-Saharan Africa, two countries in developing Asia, one country in the Middle East and North Africa, three countries in Latin America and the Caribbean, and three countries in Central and Eastern Europe and the CIS. The structure of each case study is similar, with each study starting with a presentation of the institutional coverage and framework for setting and managing the wage bill; a description of employment and compensation levels, including their comparison with the private sector; and a discussion of the challenges that motivated the need for reforms and, when applicable, the reforms implemented and lessons derived from these.
Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union
Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union - 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 Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union write by Mr.A. E. Wayne Mitchell. This book was released on 2019-05-17. Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union available in PDF, EPUB and Kindle. In this study, we assess the size of the government wage bill and employment in the member countries of the Eastern Caribbean Currency Union and their implications for fiscal sustainability and the adequacy of public service delivery. Over the period 2005 to 2015 their wage bill (as a percentage of GDP, government revenues and expenditures) is higher than in other small states notwithstanding recent efforts by governments to make it more manageable. The composition and distribution of employment is sub-optimal and is reflected in skills mismatches contributing to inefficiencies in public service delivery. Using a dynamic fixed-effects panel, we find that wage bill growth reflects the expansion of government activities to speed up economic and social development and that wage bill spending is procyclical in good times but is rigid during downturns. Finally, we identify the main institutional and legal reforms needed to improve wage bill management and public service efficiency.
International Monetary Fund Annual Report 2017
International Monetary Fund Annual Report 2017 - 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 International Monetary Fund Annual Report 2017 write by International Monetary Fund. This book was released on 2017-10-05. International Monetary Fund Annual Report 2017 available in PDF, EPUB and Kindle. During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges - slower trade, declining productivity, gender inequality, inclusive growth, and debt management - is a central focus of this 2017 Annual Report.
Argentina
Argentina - 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 Argentina write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2016-11-10. Argentina available in PDF, EPUB and Kindle. This paper discusses Argentina’s investment rate which was well below the average of Latin American countries and that of a peer group of advanced and emerging market countries, with a larger gap in private investment. Raising investment prospects would be essential to boost economic activity. The administration that took office in December 2015 has emphasized the importance of generating an investor friendly environment that allows Argentina to recover some of the growth opportunities lost over the last few decades. Although quantifying the capital accumulation gap is a clearly a difficult task, one way of doing so is to look at the difference between Argentina’s capital-labor ratio and that of the selected peer group of countries. Argentina’s investment rates and capital-output ratios are also compared with estimates of their steady state values derived from standard neoclassical growth models. Argentina’s investment rate would need to increase significantly to eliminate the capital accumulation gap built during the last two decades, and this could significantly accelerate GDP growth.
