Success Factors in the Fiscal Consolidation Process - 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 Success Factors in the Fiscal Consolidation Process write by Marta Postuła. This book was released on 2017. Success Factors in the Fiscal Consolidation Process available in PDF, EPUB and Kindle. The current economic policy implemented in different countries takes account of the changing external and internal circumstances. The recent crisis (2007-2008) revealed the weakness of the established economic theories, also as regards fiscal policy. Consequently, a great number of countries all over the world saw problems with the growing public finance deficit and the level of public debt. To address it, consolidation measures were taken, aimed to stop this tendency and to gradually go back to the fiscal balance. In this context it is important to identify factors that contribute to the success of the consolidation process undertaken. The article identifies these variables, using a specially built logit econometric model with data from the last 20 years. It also indicates a lack of correlation between achieving a consolidation success and the consolidation method chosen i.e. whether tax policy or expense policy is used for consolidation.
Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design
Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design - 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 Consolidation: Taking Stock of Success Factors, Impact, and Design write by Vybhavi Balasundharam. This book was released on 2023-03-17. Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design available in PDF, EPUB and Kindle. Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design
Fiscal Adjustment for Stability and Growth
Fiscal Adjustment for Stability and Growth - 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 Adjustment for Stability and Growth write by Mr.James Daniel. This book was released on 2006-08-17. Fiscal Adjustment for Stability and Growth available in PDF, EPUB and Kindle. The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.
Fiscal Policy and Long-Term Growth
Fiscal Policy and Long-Term Growth - 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 Policy and Long-Term Growth write by International Monetary Fund. This book was released on 2015-04-20. Fiscal Policy and Long-Term Growth available in PDF, EPUB and Kindle. This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Guidelines for Public Expenditure Management
Guidelines for Public Expenditure Management - 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 Guidelines for Public Expenditure Management write by Mr.Jack Diamond. This book was released on 1999-07-01. Guidelines for Public Expenditure Management available in PDF, EPUB and Kindle. Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.
