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This paper describes the compilation of the first truly comprehensive database on gross government debt-to-GDP ratios …, covering nearly the entire IMF membership (174 countries) and spanning an exceptionally long time period. The database was … data are linked to the IMF World Economic Outlook (WEO) database to facilitate regular updates. The paper discusses the …
Persistent link: https://www.econbiz.de/10014402998
database with fiscal data for several levels of government. The data show that in many countries, revenue collection remains …
Persistent link: https://www.econbiz.de/10014399352
Many governments and nongovernmental organizations have adopted policies to promote the growth of microfinance institutions (MFIs). The appropriate level and form of support for MFIs are discussed in this paper on the basis of a review of key MFI characteristics. Governments are also responsible...
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Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including managing short-term policy trade-offs. The book also outlines efficient operational procedures and reviews the experiences of Canada, the Czech Republic, and India. The analysis...
Persistent link: https://www.econbiz.de/10011874333
This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading...
Persistent link: https://www.econbiz.de/10014400163
Government spending plays a critical role in protecting and enforcing rights and civil liberties. Empirical evidence for a sample of industrial and developing countries shows that government expenditures on defense, law and order, social security, education, and health care are associated with...
Persistent link: https://www.econbiz.de/10014400244