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A Noteon the Public Choice Approach to the Growth in Government Expenditure

International Monetary Fund - 1988

The paper applies an empirical model, based on the economic theory of public choice, to the Group of Seven countries. It is discovered: (a) that deficit financing does appear to contribute to increased real government spending; (b) that the demand for government services as a whole does not...

Persistent link: https://www.econbiz.de/10014395824

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

The Federal Democratic Republic of Ethiopia; Selected Issues

International Monetary Fund (IMF); International … - 2013

This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...

Persistent link: https://www.econbiz.de/10011244172

Corruption and the Rate of Temptation : Do Low Wages in the Civil Service Cause Corruption?

International Monetary Fund - 1997

This paper develops and tests two efficiency wage models of corruption in the civil service. Under fair wage models …, civil service wages are an important determinant of corruption. Under shirking models, the level of wages is of secondary … importance, as potential bribes dwarf wage income. The empirical evidence points to a negative relationship between corruption …

Persistent link: https://www.econbiz.de/10014400303

Why Worry About Corruption?

International Monetary Fund - 1997

corruption and presentsrecent evidence on the extent to which corruption affects investment,economic growth, and government … expenditure choices. The evidence presented here suggests that corruption may have considerable adverseeffects on economic growth …

Persistent link: https://www.econbiz.de/10014402761

Improving Governance and Fighting Corruption in the Baltic and CIS Countries : The Role of the IMF

International Monetary Fund - 2005

Drawing on recent examples of corruption in the Baltics and former Soviet Union, this pamphlet analyzes the links … between governance and corruption, and emphasizes the high economic cost that corruption exacts. The pamphlet outlines how the … IMF is working with the countries of the former Soviet Union to curb corruption, and put in place the regulatory and legal …

Persistent link: https://www.econbiz.de/10014399845