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The Macroeconomic Impact of Healthcare Financing Alternatives; Reform Options forhong Kong Sar
International Monetary Fund (IMF); International … - 2008
With much healthcare publicly funded, Hong Kong's rapidly aging population will significant raise fiscal pressure over coming decades. We ask what the implications are of meeting these costs by public funding, or private funding voluntarily or through mandates. Our simulations suggest that...
Persistent link: https://www.econbiz.de/10005825995
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Bosnia and Herzegovina; Poverty Reduction Strategy Paper—Mid-Term Development Strategy
International Monetary Fund (IMF); International … - 2004
Poverty risk is most marked for children, displaced persons and returnees, unemployed, and people with low education. Basic goals of the macroeconomic framework of the mid-term development strategy of Bosnia and Herzegovina are to reduce the overall public expenditures, lower the public debt,...
Persistent link: https://www.econbiz.de/10005598984
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Interpreting Real Exchange Rate Movements in Transition Countries
International Monetary Fund - 2001
that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …
Persistent link: https://www.econbiz.de/10014403602
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International Spillovers of Taxiation
International Monetary Fund - 1989
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
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Theoretical Aspects of the Design of Fund-Supported Adjustment Programs
International Monetary Fund - 1987
This paper was originally prepared for a seminar of the Executive Board of the Fund. In the seminar, Executive Directors expressed a broad range of views with regard to both the adequacy of the Fund's approach to financial programming and the validity of the analysis presented in this paper
Persistent link: https://www.econbiz.de/10014405907
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Public Sector Efficiency and Fiscal Austerity
International Monetary Fund - 1998
private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of …
Persistent link: https://www.econbiz.de/10014400822
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Macroeconomics and Famine
International Monetary Fund - 1989
The aim of the paper is to shift the focus of famine analysis away from food supply towards the macroeconomic determinants of food entitlement—i.e., to the ability of individuals to purchase food. Towards this end, we develop a model to demonstrate how loose monetary and fiscal policies may...
Persistent link: https://www.econbiz.de/10014396163
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A Model of Adjustment and Growth : An Empirical Analysis
International Monetary Fund - 1989
This paper develops a model merging the monetary approach to the balance of payments and a neoclassical growth model into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined. The empirical part of the paper presents estimates of the key...
Persistent link: https://www.econbiz.de/10014396167
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Debt Relief and Adjustment Incentives : A Theoretical Exploration
International Monetary Fund - 1988
The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...
Persistent link: https://www.econbiz.de/10014396170
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Theoretical Aspects of Growth in Developing Countries : External Debt Dynamics and the Role of Human Capital
International Monetary Fund - 1988
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208