Showing 1 - 10 of 587
significantly improve both redistribution and equity objectives of the Chinese authorities. This was envisaged in the 1994 fiscal …
Persistent link: https://www.econbiz.de/10014401323
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than … argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different … redistribution …
Persistent link: https://www.econbiz.de/10014400085
One plausible mechanism through which financial market shocks may propagate across countries is through the effect of past gains and losses on investors'' risk aversion. We first present a simple model on how heterogeneous changes in investors'' risk aversion affect portfolio decisions and stock...
Persistent link: https://www.econbiz.de/10014402038
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 equality in G7 and advanced countries, noting that while equality …
Persistent link: https://www.econbiz.de/10014408683
This Selected Issues paper on Hungary reports that the public enterprises may pose significant fiscal risks on account of their quasi-fiscal activities and contingent liabilities. More than 85 percent of the economy is in private hands. According to the Privatization Act, assets may remain in...
Persistent link: https://www.econbiz.de/10011244115
This paper discusses implementation of the Poverty Reduction Strategy (PRS) in Liberia. Liberia’s PRS articulates the government’s overall vision and major strategies for moving toward rapid, inclusive, and sustainable growth and development during the period 2008–11. This...
Persistent link: https://www.econbiz.de/10011245748
This paper presents the status report on Bangladesh’s Poverty Reduction Strategy Paper (PRSP). Having prepared the Interim-PRSP (I-PRSP) in March 2003, the government of Bangladesh has set itself to a well-rounded process of preparing the full-blown PRSP by December 2004. That would...
Persistent link: https://www.econbiz.de/10005591072
India’s financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for India’s 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken...
Persistent link: https://www.econbiz.de/10011244299
Croatia’s annual GDP growth accelerated to 4–5 percent, per capita incomes advanced further toward the EU average, and unemployment declined to the lowest levels since Croatia’s independence. The staff report for Croatia’s 2009 Article IV Consultation is also...
Persistent link: https://www.econbiz.de/10011244509
The Indonesian economy proved resilient during the global financial crisis, and has since continued to grow at a robust rate. Increases in both foreign and domestic investment are expected to offset lower growth contributions from net exports as import demand rises. A key risk is deterioration...
Persistent link: https://www.econbiz.de/10011244750