Download or read book Empirical Assessment of Sustainability and Feasibility of Government Debt written by Duo Qin and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Debt Sustainability Public Investment and Natural Resources in Developing Countries written by Mr.Giovanni Melina and published by International Monetary Fund. This book was released on 2014-04-01 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open economy. It has two types of households, including poor households with no access to financial markets, and features traded and nontraded sectors as well as a natural resource sector. Public capital enters production technologies, while public investment is subject to inefficiencies and absorptive capacity constraints. The government has access to different types of debt (concessional, domestic and external commercial) and a resource fund, which can be used to finance public investment plans. The resource fund can also serve as a buffer to absorb fiscal balances for given projections of resource revenues and public investment plans. When the fund is drawn down to its minimal value, a combination of external and domestic borrowing can be used to cover the fiscal gap in the short to medium run. Fiscal adjustments through tax rates and government non-capital expenditures—which may be constrained by ceilings and floors, respectively—are then triggered to maintain debt sustainability. The paper illustrates how the model can be particularly useful to assess debt sustainability in countries that borrow against future resource revenues to scale up public investment.
Download or read book Fiscal Sustainability in Theory and Practice written by Craig Burnside and published by World Bank Publications. This book was released on 2005 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.
Download or read book Sovereign Debt written by S. Ali Abbas and published by Oxford University Press. This book was released on 2019-10-21 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking. International institutions were transformed, country policies were often draconian and distortive, and many crises ensued. By the early 1970s, when debt fell back to pre-war levels, the world was radically different. It is likely that changes of a similar magnitude -for better and for worse - will play out over coming decades. Sovereign Debt: A Guide for Economists and Practitioners is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners and policymakers through this complicated, but not intractable, subject. Sovereign Debt brings together some of the world's leading researchers and specialists in sovereign debt to cover a range of sub-disciplines within this vast topic. It explores debt management with debt sustainability; debt reduction policies with crisis prevention policies; and the history with the conjuncture. It is a foundation text for all those interested in sovereign debt, with a particular focus real world examples and issues.
Download or read book Improving the Relevance and Feasibility of Agriculture and Rural Development Operations written by Richard Bolt and published by . This book was released on 2005 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Debt Management Analysis of Nepal s Public Debt written by Sungsup Ra and published by . This book was released on 2005 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Beyond Liquidity written by Donghyun Park and published by . This book was released on 2007 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Assessing the Use of Project Distribution and Poverty Impact Analyses at the Asian Development Bank written by Franklin D. De Guzman and published by . This book was released on 2005 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Debt Sustainability Under Uncertainty written by Rossen Rozenov and published by International Monetary Fund. This book was released on 2017-03-13 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper offers an approach to assessing the sustainability of public debt taking into account the effect of fiscal policy on output, as well as uncertainty in the model parameters and system dynamics. Uncertainty is specified in general terms, and the analysis is based on the notion of invariant sets. Examples are provided to illustrate how the method can be applied in practice.
Download or read book Explaining Growth and Inequality in Factor Income written by Hyun H. Son and published by . This book was released on 2008 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of the relationship between growth and inequality of factor income in the Philippines, focusing on the role played by the labor market. A decomposition methodology is proposed, which provides a direct linkage between growth, inequality, and labor market characteristics. The paper provides empirical analysis using both, the Family Income and Expenditure Survey and Labor Force Survey, covering the period 1997-2003.
Download or read book Financing Sustainability written by Marco Kerste and published by VU Uitgeverij. This book was released on 2011 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability thinking is rapidly gaining traction. It offers an inspiring vision for the future of the world and provides significant business and investment opportunities. Based on insights from over 300 empirical studies, this book explores the possibilities in the field of renewable energy finance, carbon trading, and sustainable investing. In addition, it describes innovative finance mechanisms – such as green bonds and peer-to-peer lending – that may further spur environmental and social sustainability. By taking an empirical, fact-based approach, this book aims to provide investors, business executives, and policymakers with a more thorough understanding of how sustainable finance can create value for business and society. Key words: Sustainable finance, renewable energy finance, cleantech, green investing, sustainable investments, responsible investments, carbon trading, carbon finance, ESG, impact investing.
Download or read book Banks and Corporate Debt Market Development written by Paul M. Dickie and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Note on Competitiveness and Structural Transformation in Pakistan written by Jesus Felipe and published by . This book was released on 2007 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Efficiency of Macro Systems written by Ajay Tandon and published by . This book was released on 2005 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the methodology for measuring efficiency in macro systems using the health and education sectors as examples. A simpler characterisation of efficiency that is les dependent on econometric specifications is introduced. As an example, this method of measuring efficiency is applied to assess health system outcomes at the district level in Indonesia.
Download or read book Public Debt written by Otavio Ladeira de Medeiros and published by . This book was released on 2010 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Poverty and Foreign Aid written by Abuzar Asra and published by . This book was released on 2005 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a look at the issue od aid effectiveness from a macro perspective.
Download or read book Utility Tariff Setting for Economic Efficiency and Financial Sustainability written by Herath M. Gunatilake and published by . This book was released on 2008 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on utility tariff setting with an emphasis on economic efficiency and financial sustainability. The paper first discusses the merits as well as practical limitations in applying marginal cost pricing. It then presents details on estimation of revenue requirements of utilities under two regulatory regimes : rate of return regulation; and performance-based regulation. Finally, the paper discusses how to set tariffs when an enabling environment for achieving both financial sustainability and economic efficiency is lacking. Under such circumstances, the paper argues that initial focus should be on cost recovery. As the enabling environment improves, goals of tariff setting can include broader objectives. The success of such a gradual approach depends on : (i) participatory and rigorous analytical work to assess the feasibility of the type of tariff; and (ii) policy and institutional reforms, regulatory enhancements, and performance improvements of the utility to create an enabling environment for implementing advanced types of tariffs.
