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Fiscal decentralization has been, and remains high on the policy agenda of many countries. It is mainly driven by … disparities in incomes or resource endowments. More generally, decentralization pressures frequently reflect a desire for more … motivation, fiscal decentralization can have important macroeconomic implications. Therefore, Fund advice to member countries …
Persistent link: https://www.econbiz.de/10014410401
Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …
Persistent link: https://www.econbiz.de/10014401240
empirical evidence about actual country practices. This paper presents data on fiscal decentralization for about 80 countries … for transition economies, the levels of decentralization are relatively stable over the time period. The findings are … factors identified in the literature as determining the extent of fiscal decentralization …
Persistent link: https://www.econbiz.de/10014399352
-country evidence, based on a sample of developing and developed countries, that fiscal decentralization—the assignment of expenditure …
Persistent link: https://www.econbiz.de/10014399798
Benin remains at moderate risk of external debt distress. The rating is unchanged from the previous November 2018 DSA …
Persistent link: https://www.econbiz.de/10012646558
This paper discusses Benin’s Sixth Review Under the Extended Credit Facility (ECF) Arrangement and Request for a Waiver of Nonobservance of a Performance Criterion (PC). The last review of Benin’s ECF arrangement confirms the improved growth performance during the program. Real GDP...
Persistent link: https://www.econbiz.de/10011245341
Benin reached the completion point under the enhanced HIPC Initiative on March 24, 2003. Staff is of the view that all … criteria have been met, and recommends that the Board determine that Benin qualifies for immediate debt relief under the MDRI …
Persistent link: https://www.econbiz.de/10014409744
macroeconomic implications of the spending of scaled-up aid to Benin, Niger, and Togo in line with that promised by the G-8 at …
Persistent link: https://www.econbiz.de/10014410184
This letter provides an assessment of recent macroeconomic developments in Benin and an update on the discussions of …
Persistent link: https://www.econbiz.de/10014410195
Technical Assistance (TA) is one of the IMF's core activities whose purpose is to help member countries improve the design and implementation of their macroeconomic policies. To ensure that the Fund's TA meets the needs of the membership, and is efficient and effective, the Executive Board...
Persistent link: https://www.econbiz.de/10014410344