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Public finance reform in Hungary: light at the end of the tunnel?
Jankovics, László - 2008
The dominance of electoral considerations in determining budgetary outcomes has been evident in Hungary over the last 15 years, with government deficits reaching their highest levels in election years (1994, 1998, 2002 and 2006). This deterioration of public finances has largely been possible...
Persistent link: https://www.econbiz.de/10009641089
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Belarus Public Expenditure Review : Fiscal Reforms for a Sustainable Economic Recovery
World Bank - 2012
Belarus faces significant fiscal challenges, stemming from the structural features of its economic model. As of mid-2011, under a severe exchange rate and balance of payments crisis, the Government needs to pursue a carefully sequenced strategy of macroeconomic adjustment coupled with a strong...
Persistent link: https://www.econbiz.de/10012550582
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Russia : Fiscal Costs of Structural Reforms
World Bank - 2012
This Report discusses the challenge of budget financing of core structural reforms, within a broader framework of fiscal management reforms in Russia. It argues that explicit financing of structural reforms is fully justifiable because these are the investments in the institutional...
Persistent link: https://www.econbiz.de/10012553431
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Policy Note on the Unfinished Fiscal Reform Agenda in Indian States
World Bank - 2013
Both central and state governments have carried out significant correction of financial imbalances since 2000, through the implementation of fiscal reforms including enactment of fiscal responsibility (FR) acts. However, the improvement in the finances of all states in aggregate hides wide...
Persistent link: https://www.econbiz.de/10012557313
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Pakistan : Reforming Punjab's Public Finances and Institutions
World Bank - 2013
Similarly to Pakistan's other provinces, and the country as a whole, Punjab Province - a macrocosm of the country, with more than half the population, and economic activity - is facing a crisis of public service delivery, government finances, public institutions, and governance. Hence, the...
Persistent link: https://www.econbiz.de/10012558634
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Poland's policy mix: fiscal or monetary leadership?
Darnaut, Nathalie; Kutos, Paul - 2005
Persistent link: https://www.econbiz.de/10009686312
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ECFIN Economic Briefs
Europäische Kommission / Generaldirektion Wirtschaft … - 2009
Persistent link: https://www.econbiz.de/10011291901
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Disinflation, fiscal sustainability, and labor market adjustment in Turkey
Agénor, Pierre-Richard - 2006
"This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions...
Persistent link: https://www.econbiz.de/10010522256
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Nigeria : Strengthening Monetary and Liquidity Management
World Bank - 2013
liquidity in the financial system, partly caused by spending of oil receipts. In the face of persistent excess liquidity in the …; however, these had a limited impact on monetary aggregates. A structural excess liquidity is a common feature in oil exporting … monetary policy and liquidity management and discusses role of selective financial markets in improving liquidity management in …
Persistent link: https://www.econbiz.de/10012560066