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Public Sector Efficiency and Fiscal Austerity

International Monetary Fund - 1998

This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on...

Persistent link: https://www.econbiz.de/10014400822

The Role of the Public Sector in the Market Economies of Developing Asia : General Lessons for the Current Debt Strategy

International Monetary Fund - 1988

This paper pursues several objectives. First, it presents a sketch of a positive (or real-world) theory of public sector intervention. Second, it analyzes in some detail the activity of the public sector in nine market economies of developing Asia and relates this activity to the growth of the...

Persistent link: https://www.econbiz.de/10014395758

The Quality of Governance : Second-Generation Civil Service Reform in Africa

International Monetary Fund - 1998

This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” reforms for Africa. In the post-colonial era the quality of governance has seriously declined, and the stock of human capital in the...

Persistent link: https://www.econbiz.de/10014401612

Public Sector Debt Definitions and Reporting in Low-Income Developing Countries

International Monetary Fund - 2020

Increasing public debt vulnerabilities in low-income developing countries (LIDCs) have heightened the need for fuller and more transparent accounting of public sector debt (PSD). The framework for reporting on public sector debt is sound. But there is room for LIDCs to further improve their...

Persistent link: https://www.econbiz.de/10014407902

Employment and Wages in the Public Sector : A Cross-Country Study

International Monetary Fund - 1995

We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and 21 OECD countries from 1972–992, by estimating equations suggested by an efficiency wage model. We find that government employment is positively associated with the relaxation...

Persistent link: https://www.econbiz.de/10014398143

Austria: Selected Issues

International Monetary Fund (IMF); International … - 2014

Persistent link: https://www.econbiz.de/10011244520

Austria : 2010 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Aust...

International Monetary Fund - 2010

Austria’s recession had limited effects on unemployment. Investment declined sharply but consumption helped cushion the … recession, supported by tax cuts and various labor market measures together with large increases in real wages. Austria’s fiscal …

Persistent link: https://www.econbiz.de/10014405917

Austria : Selected Issues

International Monetary Fund - 2005

This Selected Issues paper estimates a dynamic model of foreign currency loans to households in Austria to analyze … developments in Austria’s economic linkages with Germany and the Central and Eastern European countries (CEECs). It finds that … become stronger. The paper also discusses the dynamics of Austria’s economic linkages with Germany, and examines these …

Persistent link: https://www.econbiz.de/10014406061

Austria : 2009 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Austr...

International Monetary Fund - 2009

outside Austria. This has brought substantial benefits, but also increased risks and vulnerabilities. Maintaining financial … having important spillovers to regional financial stability. Austria traditionally benefits from a low unemployment rate …

Persistent link: https://www.econbiz.de/10014410964

Austria : Financial System Stability Assessment: Update

International Monetary Fund - 2008

The Austrian authorities have been making great efforts since 2003 to enhance the quality of banking supervision and keep up-to-date with banking sector developments. Banks face a reputation risk arising from exposure to money laundering/financing of terrorism risk in both domestic and...

Persistent link: https://www.econbiz.de/10014403480