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Fiscal Decentralization and Governance; A Cross-Country Analysis
International Monetary Fund (IMF); International … - 2001
Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …
Persistent link: https://www.econbiz.de/10005769179
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Iraq; Considerationson Intergovernmental Fiscal Relations for the Constituent Assembly
International Monetary Fund (IMF); International … - 2005
In preparing for the discussions of the Iraqi Constituent Assembly, IMF and World Bank staff and consultant experts presented to senior officials from the central and local governments in Iraq, including from Kurdistan, key options that might be relevant for the discussions. This paper reflects...
Persistent link: https://www.econbiz.de/10005599699
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Measuring Fiscal Decentralization; Exploring the IMF’s Databases
International Monetary Fund (IMF); International … - 2011
empirical evidence about actual country practices. This paper presents data on fiscal decentralization for about 80 countries … for transition economies, the levels of decentralization are relatively stable over the time period. The findings are … factors identified in the literature as determining the extent of fiscal decentralization. …
Persistent link: https://www.econbiz.de/10009151217
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When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth
International Monetary Fund (IMF); International … - 2010
We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid, remittances, or capital inflows) appreciate the real exchange rate, generate factor reallocation, and reduce manufacturing output and...
Persistent link: https://www.econbiz.de/10008777021
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Toward a Framework for Safeguarding Financial Stability
International Monetary Fund (IMF); International … - 2004
This paper examines the emergence of financial stability as a key policy objective. It discusses the underlying trends in the financial system, as well as the role of finance in relation to money, the real economy, and public policy. Financial stability is defined in terms of its ability to help...
Persistent link: https://www.econbiz.de/10005825656
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Transition Economies; How Appropriate is the Size and Scope of Government?
International Monetary Fund (IMF); International … - 2001
This paper assesses changes in the size and scope of government in 24 transition economies. Whereas these governments have retrenched in terms of public expenditures in relation to GDP, as well as public employment as a share of population, some indicators suggest that size remains high (e.g.,...
Persistent link: https://www.econbiz.de/10005826413
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A Status Updateon Fiscal Exit Strategies
International Monetary Fund (IMF); International … - 2010
With a modest recovery in the global economy underway, and amid rising concerns about the sharp increase in government debt in several countries, debate has increasingly focused on the need to identify and implement fiscal exit strategies. This paper reviews the medium-term plans of 25 countries...
Persistent link: https://www.econbiz.de/10008777011
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The IMF's Government Finance Statistics Yearbook; Maps of Government for 74 Countries
International Monetary Fund (IMF); International … - 2011
A useful but little known feature of the IMF’s Government Finance Statistics Yearbook (GFSY) is the information on the structure of governments. Institutional tables, included in the GFSY, provide detail on the central, state, and local levels of governments, social security, and...
Persistent link: https://www.econbiz.de/10009151233
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Income Inequality and Redistributive Government Spending
International Monetary Fund (IMF); International … - 2003
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10005248211
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Financial Crises, Poverty, and Income Distribution
International Monetary Fund (IMF); International … - 2002
Developing and transition economies are prone to financial crises, including balance of payments and banking crises. These crises affect poverty and the distribution of income through a variety of channels: slowdowns in economic activity, relative price changes, and fiscal retrenchment, among...
Persistent link: https://www.econbiz.de/10005264050