Showing 51 - 60 of 111
The 2007-09 Great Recession has led to an unprecedented increase in public debt in many countries, triggering substantial fiscal adjustments. What are the distributional consequences of fiscal austerity measures? This is an important policy question. This paper analyzes the effects of fiscal...
Persistent link: https://www.econbiz.de/10011242413
The cornerstone of Chile’s impressive fiscal performance and strong fiscal system has been its structural balance rule. It has helped to insulate public spending from copper price cycles and improve the government’s net financial position. Chile should adopt a full-fledged...
Persistent link: https://www.econbiz.de/10011242565
This paper reviews the fiscal reform of the Czech Republic, its key reform measures, and structural implications. The study also focuses on key challenges and demographic pressures facing the Czech economy, and describes the analytical framework of Global Fiscal Model (GFM) with technical...
Persistent link: https://www.econbiz.de/10011242637
This Selected Issues paper discusses Lithuania’s efforts towards a sustainable and inclusive consolidation. Lithuania has implemented fiscal measures amounting to 17 percent of GDP during 2009–2012, about half of which were frontloaded in 2009. The report shows that...
Persistent link: https://www.econbiz.de/10011243022
This paper presents Joint Staff Advisory Note on the United Republic of Tanzania’s Poverty Reduction Strategy. Tanzania has already achieved the Millennium Development Goals for universal primary education, and significant progress has been made in reducing income poverty, malnutrition,...
Persistent link: https://www.econbiz.de/10011243556
Prospects for the future remain favorable, provided that policy actions are taken to address the risks and challenges that China faces. The government recognizes the need to contain investment and credit growth, and has tightened the monetary policy in response. Greater exchange rate flexibility...
Persistent link: https://www.econbiz.de/10011244684
Current estimates of global poverty vary substantially across studies. In this paper we undertake a novel sensitivity analysis to highlight the importance of methodological choices in estimating global poverty. We measure global poverty using different data sources, parametric and nonparametric...
Persistent link: https://www.econbiz.de/10009369432
This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to … examine the mechanisms underpinning this impact. Variation in sectoral composition across districts and liberalization … more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …
Persistent link: https://www.econbiz.de/10008671312
This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decrease in the per liter subsidy results in a 6 percent decrease in income for all...
Persistent link: https://www.econbiz.de/10008671315
rights reinforce these effects. Interest rate and lending liberalization alone could, however, be detrimental to the poor if …
Persistent link: https://www.econbiz.de/10009293779