EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Fiscal Policy for Stable and Equitable Growth in Latin America

Download or read book Fiscal Policy for Stable and Equitable Growth in Latin America written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-11-02 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The resumption of economic growth in Latin America is predicated on the successful restoration of fiscal discipline and stabilization. In restoring fiscal discipline, the mix of policy instruments should aim at maximizing efficiency in the use of domestic and foreign resources. Poverty alleviation in Latin America is not likely to be achieved, in the near future, by economic growth. Policy should promote a more equitable distribution of income. While fiscal policy can play an important role in this process, it is important to realize that the current high domestic inflation in many Latin American countries implies that expanding social programs has high social costs. Fiscal policy should aim at increasing the income share for the poor by making the tax system more efficient and by reforming the existing social programs to make them more effectively targeted toward the poor.

Book Fiscal Policy for Stable and Equitable Growth in Latin America

Download or read book Fiscal Policy for Stable and Equitable Growth in Latin America written by Vito Tanzi and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The resumption of economic growth in Latin America is predicated on the successful restoration of fiscal discipline and stabilization. In restoring fiscal discipline, the mix of policy instruments should aim at maximizing efficiency in the use of domestic and foreign resources.Poverty alleviation in Latin America is not likely to be achieved, in the near future, by economic growth. Policy should promote a more equitable distribution of income. While fiscal policy can play an important role in this process, it is important to realize that the current high domestic inflation in many Latin American countries implies that expanding social programs has high social costs. Fiscal policy should aim at increasing the income share for the poor by making the tax system more efficient and by reforming the existing social programs to make them more effectively targeted toward the poor.

Book Beyond Tradeoffs

Download or read book Beyond Tradeoffs written by Nancy Birdsall and published by Brookings Institution Press. This book was released on 1998-09-01 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American income distribution is among the most unequal in the world. Both the poor and the wealthy have paid a price for this inequality, which is in part responsible for the region's low growth rates. The essays in this book propose new ways of reducing inequality, not by growth-inhibiting transfers and regulations, but by enhancing efficiency—eliminating consumption subsidies for the wealthy, increasing the productivity of the poor, and shifting to a more labor and skill-demanding growth path. In Beyond Tradeoffs, Latin American experts demonstrate how market-friendly measures in key policy areas can simultaneously promote greater equity and greater efficiency. By identifying win-win strategies, the authors challenge the conventional wisdom that there is always a tradeoff between these two objectives. Extensive macroeconomic reforms in the region have provided opportunities to implement such strategies across many sectors. The volume aims at building a "Latin consensus" on a second round of reforms—reforms that address the urgent issue of inequality without undermining efficient growth. Contributors include Jonathan Coles, Rene Cortazar, Ricardo Hausmann, Juan Luis Londoño, Nora Lustig, Moises Naím, and Joseph Stiglitz. Copublished with the Inter-American Development Bank

Book Latin America

    Book Details:
  • Author : Ms.Dora M. Iakova
  • Publisher : International Monetary Fund
  • Release : 2014-12-23
  • ISBN : 1498328164
  • Pages : 270 pages

Download or read book Latin America written by Ms.Dora M. Iakova and published by International Monetary Fund. This book was released on 2014-12-23 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.

Book Fiscal Policy and Long Term Growth

Download or read book Fiscal Policy and Long Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America

Download or read book The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America written by Taryn Parry and published by INTERNATIONAL MONETARY FUND. This book was released on 2007-09-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America has experienced a resurgence in growth in recent years. However, it is also a region that has been prone to crises while growth has not delivered a significant reduction in poverty and inequality. Maintaining a strong and stable macroeconomic performance in Latin America will depend on further cuts in public debt, identification and reduction of fiscal vulnerabilities and improvements in the quality of public spending. Improvements in governance and the business environment will also aid in attracting investment. This paper draws on assessments of fiscal transparency in twelve countries in Latin America to highlight good fiscal management and improvements in fiscal transparency that might enhance the prospect for sound fiscal performance and a more favorable investment environment. This would be an important step toward sustaining stable, higher quality growth in the region.

Book Excerpt  Latin America

Download or read book Excerpt Latin America written by Ms.Dora M Iakova and published by International Monetary Fund. This book was released on 2014-12-15 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt of Latin America: New Challenges to Grwoth and Stability.

Book Fiscal Policy for Stable and Equilable Growth in Latin America

Download or read book Fiscal Policy for Stable and Equilable Growth in Latin America written by Vito Tanzi and published by . This book was released on 1989 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Political Economy of Latin America

Download or read book Political Economy of Latin America written by Philip Arestis and published by Palgrave MacMillan. This book was released on 2007-10-17 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third volume of the series of International Papers in Political Economy (IPPE). The theme of this volume is the political economy of a number of Latin American countries in the aftermath of the introduction of liberalization policies in this part of the world. In particular, the book concentrates on recent economic performance. The book assesses notions of neoliberalism, democracy and economic policy in Latin America, examines the economic policies of the first period of President Lula da Silva in Brazil, appraises Chile's experience between neo-liberalism and equitable growth, considers of the possibility of Argentina in the late twentieth century and early Twenty-First being a case of disruptive international financial integration, and assesses recent political economy in Venezuela, examining the extent to which political stability matters in the case of Ecuador.

Book Fiscal Rules and Economic Size in Latin America and the Caribbean

Download or read book Fiscal Rules and Economic Size in Latin America and the Caribbean written by Fernando Blanco and published by World Bank Publications. This book was released on 2020-10-10 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the collapse of commodity prices in Latin America and the Caribbean (LAC) in 2014-15, many countries in the region were unable to cushion the impact of the shock in order to experience a more gradual adjustment, to a large extent because they had not built adequate fiscal buffers during the commodities’ windfall from 2010-14. Many LAC countries entered 2020 and the COVID-19 crisis in an even more difficult position, with rising debt and limited fiscal space to smooth the negative impacts of the pandemic and adequately support their economies. Fiscal policy in most LAC countries has been procyclical. Public expenditure and debt levels have expanded in good times and contracted in severe downswings due to insufficient fiscal buffers, making crises deeper. Fiscal rules represent a promising policy option for these and other economies. If well-designed and implemented, they can help build buffers during periods of strong economic performance that will be available during rainy days to smooth economic shocks. This book—which was prepared before the COVID-19 crisis—reviews the performance and implementation of different fiscal rules in the region and world. It provides analytical and practical criteria for policy makers for the design, establishment, and feasible implementation of fiscal rules based on each country's business cycle features, external characteristics, type of shocks faced, initial fiscal conditions, technical and institutional capacities, and political context. While establishing new fiscal rules would not help to attenuate the immediate effects of this pandemic crisis, higher debt levels in the aftermath of COVID-19 will demand rebuilding better and stronger institutional frameworks of fiscal policy in LAC and emerging economies globally. Having stronger fiscal mechanisms that include fiscal rules can help countries prepare for the next crisis and should be on the front burner for policy makers in coming years. The findings and lessons discussed apply to economies of different sizes, with some differences under certain scenarios in terms of the technical design and criteria needed for implementation. In this book, policy makers will find that fiscal rules, if tailored to country characteristics, can work and be an essential fiscal tool for larger and particularly smaller economies.

Book Securing Stability and Growth in Latin America

Download or read book Securing Stability and Growth in Latin America written by Inter-American Development Bank and published by OECD Publishing. This book was released on 1996 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Latin America

Download or read book Latin America written by Dora M. Iakova and published by . This book was released on 2015 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policynakers in Latin America are implementing reforms in the regions quest to realize continued improvement in economic performance and living standards.

Book Fiscal Policy and Economic Reconstruction in Latin America

Download or read book Fiscal Policy and Economic Reconstruction in Latin America written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-11-02 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper surveys the fiscal landscape of Latin America. It analyzes external and domestic factors that over the years led to the deterioration of the fiscal accounts. It also discusses difficulties that are encountered in pursuing a sound fiscal policy under inflationary conditions. Issues such as the connection between external debt and fiscal policy and the role of public investment are also discussed. General guidelines are provided for a fiscal policy for the economic reconstruction of Latin America.

Book Economic Policy and Equity

Download or read book Economic Policy and Equity written by Mr.Ke-young Chu and published by International Monetary Fund. This book was released on 1999-05-04 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the views not only of policymakers and academics but also of religious leaders and labor leaders from around the world- including the 1998 Nobel Laureate in Economics, Amartya Sen - who participated in an IMF conference on this topic. Contributors discuss the causes of growing inequality and the complex question of how to use policy to make economic systems more equitable under five headings: perspectives on economic policy and equity, globalization and equitable growth, country experiences in equity-oriented policymaking, design and implementation of policy, and a roundtable discussion on lessons for countries and the IMF. Edited by Vito Tanzi, director of the Fiscal Affairs Department of the IMF; Ke-young Chu, a senior advisor; and Sanjeev Gupta, a division chief in the department.

Book Securing Stability and Growth in a Shock prone Region

Download or read book Securing Stability and Growth in a Shock prone Region written by Ricardo Hausmann and published by . This book was released on 1996 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Inequality and Fiscal Policy

Download or read book Inequality and Fiscal Policy written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2015-09-21 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda. The challenge for many governments is to address concerns over rising inequality while simultaneously promoting economic efficiency and more robust economic growth. The book delves into this discussion by analyzing fiscal policy and its link with inequality. Fiscal policy is the government’s most powerful tool for addressing inequality. It affects households ‘consumption directly (through taxes and transfers) and indirectly (via incentives for work and production and the provision of public goods and individual services such as education and health). An important message of the book is that growth and equity are not necessarily at odds; with the appropriate mix of policy instruments and careful policy design, countries can in many cases achieve better distributional outcomes and improve economic efficiency. Country studies (on the Netherlands, China, India, Republic of Congo, and Brazil) demonstrate the diversity of challenges across countries and their differing capacity to use fiscal policy for redistribution. The analysis presented in the book builds on and extends work done at the IMF, and also includes contributions from leading academics.