Download or read book The External Effects of Public Sector Deficits written by Carlos Alfredo Rodríguez and published by World Bank Publications. This book was released on 1989 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two equation model measures how public sector deficits -- and the way they are financed -- affect the real exchange rate, the trade balance, the current account, and the level of external indebtedness.
Download or read book The external effects of public sector deficits written by Carlos Alfredo Rodríguez and published by . This book was released on 1989 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Macroeconomics of Public Sector Deficits written by Roumeen Islam and published by World Bank Publications. This book was released on 1991 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Macroecononomics of Public Sector Deficits written by and published by World Bank Publications. This book was released on with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Download or read book Unproductive Public Expenditures written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-04-04 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has critical implications for fiscal adjustment, particularly as the competition for limited public resources intensifies.By providing a framework for defining and analyzing public expenditureproductivity and unproductive expenditures, this pamphlet discusseshow economic policymakers may approach these issues.
Download or read book Macroeconomics of Public Sector Deficits written by Jorge Marshall and published by . This book was released on 1991 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile's success suggests that fiscal stabilization is prerequisite for structural reform - and that structural reform need not be postponed until stabilization is fully achieved.
Download or read book The Macroeconomics of Public Sector Deficits written by Roumeen Islam and published by . This book was released on 1991 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: In developing countries, fiscal policy - in particular, the reduction of public sector deficits - has been a key element of stabilization and adjustment programs. An empirical analysis of fiscal deficits in Ghana, where they have been a prominent feature, reveals their significant effects on both the real and finincial sides of the economy.
Download or read book The Public Sector and the Latin American Crisis written by Felipe Larraín B. and published by . This book was released on 1991 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers the period from 1970 to 1985.
Download or read book The Macroe c onomics of the Public Sector Deficit written by Carlos Alfredo Rodríguez and published by . This book was released on 1991 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argentina has had a quarter century without growth at a time of rapid economic growth in the rest of the world - and government spending systematically grows faster than GDP and exceeds government revenues. The central bank borrows about 80 percent of the private banks' lending power.
Download or read book Economic and Policy Determinants of Public Sector Deficits written by Jorge Marshall and published by World Bank Publications. This book was released on 1989 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: A framework for determining how much the most important economic and policy variables contribute to the public sector deficit- and for comparing the direct effects of economic shocks with those arising from policy- controlled variables.
Download or read book The Crowding out Effects of Government Deficits Private Vs Public Sector Debate Private Sector Consumptions written by Ataul Huq Pramanik and published by . This book was released on 1993 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of the Public Sector in External Imbalances written by Eugene B. Holiday and published by . This book was released on 1992 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the Netherlands Antillean experiences regarding the impact of fiscal deficits on external accounts. It deals with the balance of payments implications of fiscal imbalances in a small open economy with fixed exchange rate regime vis-a-vis the U.S. dollar and a low rate of inflation.
Download or read book Expansionary Austerity New International Evidence written by Mr.Daniel Leigh and published by International Monetary Fund. This book was released on 2011-07-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Download or read book Transparency in Government Operations written by Mr.J. D. Craig and published by International Monetary Fund. This book was released on 1998-02-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.
Download or read book The Macroeconomics of Public Sector Deficits written by Roumeen Islam and published by World Bank Publications. This book was released on 1991 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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.
