Showing 1 - 10 of 155
Two central problems in a fiscal transfer systemrelate to resolving vertical and horizontal imbalances. In the context of the setting of the 13th Finance Commission, this paper looks at the methodological background of fiscal transfers followed by recent Finance Commissions in India,...
Persistent link: https://www.econbiz.de/10009363897
Among other things, the 199798 East Asian financial crisis has led to questioning within the Association of Southeast Asian Nations (ASEAN) about whether the region needs a common currency. This paper aims to discuss the underlying economic issues and prospects, from both a theoretical and a...
Persistent link: https://www.econbiz.de/10009363859
Both FY2007 and the ongoing FY2008 will go down as exceptional years in the history of Bangladesh. Fiscal year 2008 started its journey in the backdrop of the moderately high growth rate of 6.51 per cent achieved in FY2007. Experience of FY2007 was unique in the sense that it saw three...
Persistent link: https://www.econbiz.de/10009647700
Both FY2007 and the ongoing FY2008 will go down as exceptional years in the history of Bangladesh. Fiscal year 2008 started its journey in the backdrop of the moderately high growth rate of 6.51 per cent achieved in FY2007. Experience of FY2007 was unique in the sense that it saw three...
Persistent link: https://www.econbiz.de/10009647720
We investigate the relationship between corruption and political stability, from both theoretical and empirical perspectives. We propose a model of incumbent behavior that features the interplay of two effects : A horizon effect, whereby greater instability leads the incumbent to embezzle more...
Persistent link: https://www.econbiz.de/10009363967
Provision of safe drinking water, adequate sanitation and personal hygiene are vital for the sustainable environmental conditions and reducing the incidence of diarrhoea, malaria, trachoma, hepatitis A & B and morbidity levels. Not having access to water and sanitation is a courteous expression...
Persistent link: https://www.econbiz.de/10009365294
debts combined with a high rate of inflation show a difficult situation US policy makers face. At an international scene …, there would be trade-off between protectionist policy measures and the USs role as a global sheriff. Effects of US policy … be the right policy for recovery of the US economy. …
Persistent link: https://www.econbiz.de/10009363856
in December 2012. Abenomics has “three arrows†: (i) aggressive monetary policy, (ii) fiscal consolidation, and (iii …
Persistent link: https://www.econbiz.de/10011134366
in December 2012. Abenomics has “three arrows†: (i) aggressive monetary policy, (ii) fiscal consolidation, and (iii …
Persistent link: https://www.econbiz.de/10011134392
economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of … and regional demand. This represents a significant departure from the traditional uses of macroeconomic policy to … stabilize the economic cycle and achieve stable and low inflation. The evidence suggests that macroeconomic policy can …
Persistent link: https://www.econbiz.de/10011278107