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Economic and financial developments in the GCC economies are interwoven with oil price movements. GCC economies are highly dependent on oil and gas exports. Oil price upturns lead to higher oil revenues, stronger fiscal and external positions, and higher government spending. This boosts...
Persistent link: https://www.econbiz.de/10014408585
Persistent link: https://www.econbiz.de/10009424867
consider a number of country groups including oil exporters and middle-income oil-importing economies. We find that the effect …
Persistent link: https://www.econbiz.de/10014401265
This paper presents a detailed analysis of the average fiscal policy responses of oil producing countries (OPCs) to the recent oil price cycle. We find that OPCs worsened their non-oil primary balances substantially during 2003-2008 driven by an increase in primary spending. However, this trend...
Persistent link: https://www.econbiz.de/10014404318
This paper provides an analysis of the developments in public health spending over the past 40 years, as well as projections of public health spending for 50 advanced and emerging countries over 2011-50. The paper also quantifies the effects of specific health reforms on the growth of public...
Persistent link: https://www.econbiz.de/10014410082
This supplement provides country case studies on public health care expenditures and reform experiences in eight advanced and six emerging market economies. The case studies for the advanced economies seek to highlight specific episodes of success in containing public health spending during the...
Persistent link: https://www.econbiz.de/10014410083
production functions, with larger elasticities of social indicators with respect to income and spending on education than the …
Persistent link: https://www.econbiz.de/10014399239
This paper reports the Fund's income position for FY 2013 following the closing of the Fund's accounts for the … financial year and completion of the external audit. FY 2013 net income, including income from surcharges, amounted to SDR 2 … of currencies has been made from the GRA to the investment account. The placement of the net income to the Fund …
Persistent link: https://www.econbiz.de/10014410435
This Poverty Reduction Strategy Paper for Nigeria highlights the National Economic Empowerment and Development Strategy (NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the plan, the government will seek long-term capital...
Persistent link: https://www.econbiz.de/10005591671
This Selected Issues paper on Azerbaijan Republic reports that the government has made substantial progress in dealing with energy-related subsidies. The domestic market for oil products has been tightly regulated by the government since Azerbaijan gained independence. Azerbaijan is largely...
Persistent link: https://www.econbiz.de/10005591672