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This paper presents a neoclassical model that explains the observed empirical relationship between government spending and world commodity supplies and the real exchange rate and real commodity prices. It is shown that fiscal expansion and increasing world commodity supplies simultaneously lead...
Persistent link: https://www.econbiz.de/10014396210
The Fund has taken important steps to enhance its external sector assessments since the launch of the External Balance Assessment (EBA) methodology and the External Sector Report (ESR) in 2012, which provides a multilaterally consistent assessment of the largest economies' external sector...
Persistent link: https://www.econbiz.de/10014408697
This paper analyzes the importance of developing market-enhancing institutions for restoring economic growth in …
Persistent link: https://www.econbiz.de/10014399868
Persistent link: https://www.econbiz.de/10014409942
Country Experiences and Issues Going Forward". In those discussions, the Boards of both institutions endorsed a public debt …
Persistent link: https://www.econbiz.de/10014410079
-designed budget institutions can help countries to plan and deliver successful fiscal adjustments. A 2010 internal IMF study … identified ten budget institutions which can support the consolidation process, assessed their strength in each G-20 country, and … framework, this paper: (i) reports on progress in strengthening their budget institutions; (ii) analyzes their impact on post …
Persistent link: https://www.econbiz.de/10014410659
The central government publishes comprehensive financial statements, which include the social security funds and balance sheets with all financial assets and liabilities. Audited financial statements are published more than nine months after the end of the fiscal year. The 2004 Fiscal...
Persistent link: https://www.econbiz.de/10014410660
Persistent link: https://www.econbiz.de/10009504203
2030 and promoting shared prosperity and assesses the state of policies and institutions that are important for achieving …
Persistent link: https://www.econbiz.de/10011394064