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Acceleration of Economic Reform in Japan and the Role of the Council on Economic and Fiscal Policy
Hosen, Mitsuo - East Asian Bureau of Economic Research (EABER) - 2006
Creation of the Council on Economic and Fiscal Policy (CEFP) made Japans economic and fiscal policy making more transparent, consistent and coherent. This new institutional arrangement accelerated structural reform and improved economic and fiscal policy making in general, thus contributing to...
Persistent link: https://www.econbiz.de/10009363693
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Data and Definitions : Underestimating Savings and Investment in an Open Economy
Goyal, Ashima - East Asian Bureau of Economic Research (EABER) - 2007
This note clarifies definitions and derives from first principles the relationship between investment, domestic and foreign savings in order to show that there is underestimation of investment and foreign savings given conceptual macroeconomic definitions and Indian practice. Indian national...
Persistent link: https://www.econbiz.de/10009363928
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Financial Transactions Taxes
Shome, Parthasarathi - East Asian Bureau of Economic Research (EABER) - 2012
This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions … financial markets is incomplete and imprecise, remains. However, globally, FTT remains a commonly used tax. A cross …
Persistent link: https://www.econbiz.de/10009650948
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Moving to Goods and Services Tax in India : Impact on India’s Growth and International Trade
Chadha, Rajesh - East Asian Bureau of Economic Research (EABER) - 2009
The differential multiple tax regime across sectors of production leads to distortions in allocation of resources thus … international competitiveness of the sectors which would have been relatively efficient under distortion-free indirect tax regime … resources and providing full tax offsets is expected to result in gains for GDP, returns to the factors of production and …
Persistent link: https://www.econbiz.de/10009363473
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Civil Servants’ Salary Structure
Bilquees, Faiz - East Asian Bureau of Economic Research (EABER) - 2006
The paper looks at the trends in nominal and real salaries of the Federal Government employees over the period 1990-2006. It examines the structural defects in the existing salary structure and the anomalies in the allowances structure to show that appropriate remuneration for the civil servants...
Persistent link: https://www.econbiz.de/10009363757
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Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)
Kumar, Rajiv; Soumya, Alamuru - East Asian Bureau of Economic Research (EABER) - 2010
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278027
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Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)
Kumar, Rajiv; Soumya, Alamuru - East Asian Bureau of Economic Research (EABER) - 2010
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely future development, and its impact on the economy in the context of a weak...
Persistent link: https://www.econbiz.de/10011278122
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Transpacific Imbalances and Macroeconomic Codependency
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2011
Current account deficits in the United States (US) and current account surpluses in East Asia are an enduring part of the global economic landscape. They are supported by low saving in the US and by reserve accumulation in Asia. This paper argues that this strategy is causing macroeconomic...
Persistent link: https://www.econbiz.de/10009653156
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Transpacific Imbalances and Macroeconomic Codependency
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2011
Current account deficits in the United States (US) and current account surpluses in East Asia are an enduring part of the global economic landscape. They are supported by low saving in the US and by reserve accumulation in Asia. This paper argues that this strategy is causing macroeconomic...
Persistent link: https://www.econbiz.de/10009653221
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The Eurozone in the Current Crisis
Wyplosz, Charles - East Asian Bureau of Economic Research (EABER) - 2010
This paper contrasts the United States (US) and European situations during the crisis and examines how much of the crisis has been imported by Europe from the US. The paper argues that Europe never had a chance to avoid contagion from the US. It also documents the relatively limited reaction of...
Persistent link: https://www.econbiz.de/10009363829