Download or read book Sustainability of Public Finances written by Roberto Perotti and published by Centre for Economic Policy Research. This book was released on 1998 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: A central tenet of the Maastricht Treaty is that a successful European Monetary Union requires sustainable public finances of its member states, yet there is no clear definition of sustainability. This book develops a concept of sustainability focusing on the controllability of public finances. After reviewing the theoretical and empirical arguments for a disaggregate and institutions-oriented approach to correcting non-sustainable deficits, the authors propose a practical procedure to assess the sustainability of a country's public finances.
Download or read book Sustainability of EU Public Finances written by Fernando C. Ballabriga 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 The Long term Sustainability of Public Finances in the European Union written by and published by European Communities. This book was released on 2007 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Sustainability in Public Administration written by Manuel Pedro Rodríguez Bolívar and published by Springer. This book was released on 2017-08-10 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the methods used to assess financial sustainability as defined by the International Federation of Accountants (IFAC). Recently, there have been calls to consider sustainability as a fundamental guiding principle in public management. The financial and economic crisis has spurred a demand for greater financial sustainability in public administrations. Although the concept of sustainability has been traditionally associated with three dimensions (environmental, social and economic), this book is focuses on the metrics used to evaluate financial sustainability and explores the concept of financial health. It will be of interest to researchers and academics in the field of financial sustainability.
Download or read book Public Sector Financial Management for Sustainability and SDGs in Europe written by Marco Bisogno and published by Springer Nature. This book was released on with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Long term Sustainability of Public Finances in the European Union written by and published by . This book was released on 2006 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Long term Sustainability of Public Finances in EU Countries written by Andrea Montanino and published by . This book was released on 2004 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long-term sustainability of public finances is of increasing concern in the EUcountries and is now regularly assessed. However, due to methodological problemsand data unavailability, this is not an easy task. Thus, quantitative indicators have to be complemented with qualitative information, to improve the information value of the overall assessment. This yearœs assessment shows that at least nine EU countries still present risks of long-term sustainability and five of them (Belgium, Greece, Italy, Germany and France) have more serious problems. The other four (Portugal, Spain, Netherlands and the UK) face some risks due to medium-term budgetary development or, as is the case for Spain and Portugal, due to uncertainties about the long-term projections of pension expenditures.
Download or read book Fiscal Rules Anchoring Expectations for Sustainable Public Finances written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2009-12-11 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules in supporting fiscal consolidation, discusses the design and implementation of rules based on a new data base spanning the whole Fund membership, and explores the fiscal framework that could be adopted as countries emerge from the crisis.
Download or read book Fiscal frameworks and fiscal sustainability in the Nordics written by Calmfors, Lars and published by Nordic Council of Ministers. This book was released on 2020-04-01 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public finances in the Nordics are facing great future challenges due to demographic developments. Increasing longevity is changing the age structure of the population, significantly raising the share of older people and thus the old-age dependency ratio. Over the last two decades, there has been a strong international trend to strengthen fiscal frameworks by adopting more stringent fiscal rules as well as increasing transparency and accountability. A first aim of the report is to survey and evaluate the fiscal frameworks in the Nordic countries. A second aim is to review how long-run sustainability analyses of public finances are made – and communicated to policy-makers and the general public – in the Nordics, by Ministries of Finance as well as by other institutions. The report also concludes the severity of the fiscal-sustainability problems in the Nordic countries.
Download or read book Sustainable Finances and the Law written by Rute Saraiva and published by Springer Nature. This book was released on with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Some Uncomfortable Arithmetic Regarding Europe s Public Finances written by Mrs.Delia Velculescu and published by International Monetary Fund. This book was released on 2010-07-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional fiscal indicators focused on measures of current deficits and debt miss the potentially important implications of current policies for future public finances. This could be problematic, including in the case of Europe, where population aging is expected to pose additional fiscal costs not captured by such indicators. To better gauge the state of public finances in the EU27 countries, this paper derives forward-looking fiscal measures of intertemporal net worth both directly from the European Commission’s Aging Working Group’s long-run indicators and using a comprehensive public-sector balance sheet approach. These measures could be used as an "early warning" mechanism and also as a communication device with the public. Current estimates indicate that, on existing policies, the intertemporal net worth of the EU27 is deeply negative, even in excess of its GDP level, and is projected to worsen further over time. This suggests that Europe’s current policies need to be significantly strengthened to bring future liabilities in line with the EU governments’ capacity to generate assets.
Download or read book Fiscal Sustainability and Competitiveness in Europe and Asia written by R. Rajan and published by Springer. This book was released on 2014-07-25 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines key issues and policy concerns relating to fiscal sustainability and competitiveness in European and Asian economies. In addition to estimating the extent of fiscal capacity or lack thereof for these economies, the authors supplement the empirical analysis with country case studies.
Download or read book 3 step Analysis of Public Finances Sustainability written by António Afonso and published by . This book was released on 2008 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Long Term Sustainability of Public Finances in the EU written by Commission of the European Communities and published by . This book was released on 2006 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Sustainability of Public Sector Entities written by Josette Caruana and published by Springer. This book was released on 2019-03-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the role of public sector accounting, and the relevance of accounting frameworks, in assisting financially sustainable policy making. Focussing on the European context, the book examines financial reporting, management accounting, budgeting and other reporting requirements, for example, Government Finance Statistics. It also analyses emerging forms of reporting, such as popular reporting and integrated reporting, which may also be considered by policy makers, standard setters, and managers of public sector entities.
Download or read book Sustainability of Public Debt in the European Monetary Union A Case Study of Greece written by and published by GRIN Verlag. This book was released on 2017-02-07 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2015 in the subject Economics - Finance, grade: 5, University of Zurich, language: English, abstract: This bachelor thesis discusses the sustainability of government debt on a theoretical level with the model of the government budget constraint and its application in a case study. Therefore, the situation of Greece is used as a prime example for the current sovereign debt crisis in the European Monetary Union. It points out with quantitative data, what has led to the high public debt in Greece and what are the consequences of this debt accumulation. For this the sustainability and the development of government debt and its determinants will be analysed. In conclusion, it discusses the options to escape of this sovereign debt crisis for Greece and the European Monetary Union as a whole. In March 2012 Greece received another bailout loan of 144.7 billion euro from the European Financial Stability Facility (EFSF) and 19.8 billion euro from the IMF in several tranches until 2014 after a worsening recession and the missing implementation of the conditions. In July 2015 the European Commission arranged to mobilise more than 35 billion euro until 2020, while they already paid out up to this point 4.4 billion euro (European Commission 2015). Still the problem has not been solved yet and Greece is still not able to get control of its debt by itself. The government debt is a relevant topic in economics and has become even more relevant since the outbreak of the European sovereign debt crisis. Further research in the issue of government debt could help us to understand how government-debt crisis develop, how the current sovereign debt crisis may be solved as well as how we could prevent from future crises. To understand the problem of high debt, we also need to understand the necessity of public debt, the arithmetic behind it and its implications on the economy of a country and the whole economic system.
Download or read book Fiscal Sustainability Report 2012 written by and published by . This book was released on 2012 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2012 Fiscal Sustainability Report analyses the sustainability of public finances in the Member States, against the background of the impact of the financial, economic and fiscal crisis and the demographic aging projected in the 2012 Ageing Report. It responds to the Council request of 10 November 2009 for a new Sustainability Report to be prepared based on updated long-term budgetary projections incorporating the implications of aging populations.
