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This paper assesses changes in the size and scope of government in 24 transition economies. Whereas these governments … noncash transactions). At the same time, the scope of government activities-although evolving-has not necessarily become … appropriate. This paper provides some recommendations for aligning the scope of government with the increasing market orientation …
Persistent link: https://www.econbiz.de/10005826413
Macroeconomic developments in the Central African Economic and Monetary Community (CEMAC) region have been satisfactory, but risks to macroeconomic stability persist. The process of convergence remains slow and needs strengthening, notably through the adoption of a fiscal rule and the...
Persistent link: https://www.econbiz.de/10005252643
The Icelandic government has launched a review of the tax system, with a view to improving its income redistribution … boost the revenue potential in line with the government’s objectives while substantially increasing income redistribution …
Persistent link: https://www.econbiz.de/10014403917
This Selected Issues paper and Statistical Appendix reviews the factors behind developments in government revenue in …
Persistent link: https://www.econbiz.de/10005825100
Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average … countries, and small low-income economies tend to have lower central government wage expenditures as a percent of GDP. Access to … foreign financing is not; the public and publicly guaranteed foreign financing is often provided for government capital …
Persistent link: https://www.econbiz.de/10014398730
This 2007 Article IV Consultation highlights that real GDP in South Africa grew by 5 percent in 2006 and continued to grow vigorously in early 2007. Growth was driven by strong domestic demand, with private consumption and investment spending supported by continuing robust consumer and business...
Persistent link: https://www.econbiz.de/10011245818
This 2004 Article IV Consultation highlights that in recent years, Singapore’s economy has been hit hard by a series of external shocks. These shocks—the Asian crisis, the bursting of the technology bubble, and the SARS outbreak in 2003—disrupted an economic expansion...
Persistent link: https://www.econbiz.de/10005252581
The discussions focused on reviewing the reforms that were implemented since the last consultation, policies for the remainder of the year as well as the parameters of the 2004 program, and the medium-term outlook. Executive Directors encouraged the exchange and monetary systems, but additional...
Persistent link: https://www.econbiz.de/10005252785
This report examines recent economic developments and regional policy issues in the West African Economic and Monetary Union (WAEMU). Although progress has been achieved on the integration front since 1994, including the establishment of a customs union and the creation of the economic union,...
Persistent link: https://www.econbiz.de/10005252947
Anglophone African countries have been implementing reform and modernization initiatives in their Customs administrations. This paper outlines the progression of key reform and modernization initiatives in these countries since the early 1990s, and assesses the gap between these reforms and...
Persistent link: https://www.econbiz.de/10009203523