In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strategies, given certain assumptions about other macro policy choices and relevant exogenous factors. The...

This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expansionary measures, and the long-term implications for government debt. In order to evaluate more...

This paper deals with the issue of Japans public debt, particularly from a governance perspective. Japans public debt continues to follow a rising path mainly due to the fact that, in the harsh economic climate the country has experienced since the 1990s, the government has ended up increasing...

The paper reviews the gender-differentiated effect of macro-economic policies by examining the impact of persistent revenue shortfalls on the part of the national government in 1997-2003 on the budget allocations for programs that support gender equality and womens priority public services in...

Recently, the outstanding debt of the Japanese government amounts to 695 trillion yen, which implies 139.5% of GDP. In this paper, we constructed three IS-LM type dynamic models and estimate the eigenvalues of their differential systems. Then we confirm whether or not the huge amount of public...

Till date,conceptualisation of poverty in Bangladesh’s policy making is limited to income/consumption poverty where a rise or fall of income/consumption above or below a pre-defined poverty line determines changes in poverty. To identify the budgetary and fiscal measures which can be...

The national budget for the fiscal year 2009-2010 will be an important event on a number of counts, particularly in the current national and global contexts. From the national perspective, it will be the first one by the newly-elected government. Arguably, it will be inspired by the election...

The upcoming national budget for the fiscal year 2010-11 will be underpinned by a number of challenges in the current national and global contexts. This budget will be the first year of the medium-term planning framework under the Sixth Five Year Plan (FY2011-FY2015) and the 10 year Perspective...

This document contains a set of proposals prepared by the Centre for Policy Dialogue (CPD) for submission to the Ministry of Finance, Government of Bangladesh (GoB). These proposals were prepared in the context of the upcoming national budget FY2008-09 by keeping in view the need for enhanced...

The National Budget for the fiscal year 2007-08 (FY08) and the Revised Budget of FY07 were placed before the country on 7 June 2007. The Centre for Policy Dialogue (CPD), in continuation of its tradition of presenting its analysis of budgets prepared by successive governments, has prepared the...