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This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public … sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation …
Persistent link: https://www.econbiz.de/10014395767
Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical … growth models for developing countries typically make no distinction between the private and public components of investment … public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries …
Persistent link: https://www.econbiz.de/10014396368
For the net administrative budget, the FY 16-18 medium-term budget (MTB) proposal includes: In FY 16, an unchanged budget envelope in real terms, for the fourth year in a row. To accommodate new and ongoing strategic priorities of the Fund within a flat envelope, efforts to reallocate resources...
Persistent link: https://www.econbiz.de/10014408572
The net administrative budget for FY2017 has been set at USD 1,072.5 million. After four years of zero real growth, the FY 2017 budget includes an increase of 1\2 percent in constant dollar terms to cover the institution's rising IT and physical security costs, as well as a small adjustment for...
Persistent link: https://www.econbiz.de/10014408621
At the request of the Italian Presidency of the G7, the IMF has prepared a paper on gender-budgeting as a contribution to the G7 initiative on equality. The paper provides an overview of gender-responsive budgeting concepts and practices in the G7 countries. It summarizes recent trends in gender...
Persistent link: https://www.econbiz.de/10014408683
The Fund has been operating under a flat real resource envelope for the past six years. With continued efforts to maximize the use of available resources, spending in FY 17 is projected to reach 99 percent of the net administrative budget, and a low vacancy rate has helped stabilize overtime at...
Persistent link: https://www.econbiz.de/10014408688
growth in expenditure, GCC governments have started to implement significant fiscal consolidation measures, but more needs to be done. Rapid population growth and booming oil revenues led to large increases in government spending in the GCC in the decade to 2014, which now stands high by...
Persistent link: https://www.econbiz.de/10014408703
This letter provides an assessment of recent macroeconomic developments in Benin and an update on the discussions of Fund staff with the Beninese authorities on macroeconomic policies and structural reforms that could form the basis for the authorities' request for a new arrangement under the...
Persistent link: https://www.econbiz.de/10014410155
The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules...
Persistent link: https://www.econbiz.de/10014410177
This paper seeks Board approval of a phased migration strategy for implementing the GFSM 2001 as the standard for Fund fiscal data. The financial crisis has underscored the need for better and more comparable fiscal data, including on government assets and liabilities. In 2005, the Board...
Persistent link: https://www.econbiz.de/10014410212