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Identifying Binding Constraints to Growth: Does Firm Size Matter?

Vargas, Mauricio - International Monetary Fund (IMF) - 2015

categorical endogenous regressor to estimate, for the case of Bolivia, the conditional probability of facing obstacles given the …

Persistent link: https://www.econbiz.de/10011142074

Public Investment as an Engine of Growth

Warner, Andrew M. - International Monetary Fund (IMF) - 2014

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...

Persistent link: https://www.econbiz.de/10010959467

Bolivia: Staff Report for the 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2014

mid-2000s have helped Bolivia to nearly triple income per capita and reduce poverty. The economy benefited from high …

Persistent link: https://www.econbiz.de/10011243150

Bolivia: Fiscal Transparency Assessment

International Monetary Fund (IMF); International … - 2014

This paper elaborates Boliviaâ€™s fiscal transparency assessment report. The purpose of this IMF report is to facilitate countries in analyzing the fiscal situation through the appropriate basic, good, and advanced practices to identify which areas might benefit from reforms. These reforms...

Persistent link: https://www.econbiz.de/10011245854

The Distributional Bias of Public Education; Causes and Consequences

Gradstein, Mark; Dabla-Norris, Era - International Monetary Fund (IMF) - 2004

While public education is often intended to be progressive in its effects on income distribution, in reality its incidence is often skewed toward the rich. This paper argues that the extent of this bias is directly related to institutional weaknesses in governance. We present a simple dynamic...

Persistent link: https://www.econbiz.de/10005826262

Recent Improvements to the Government Finance Statistics Yearbook Database in Response to Analytical Needs

Seiferling, Mike - International Monetary Fund (IMF) - 2013

The demand for high quality detailed public finance statistics covering a globally representative sample of countries has increased dramatically during the recent financial crisis. Due to the complexity of public finance statistics, however, such data tend to be either available in...

Persistent link: https://www.econbiz.de/10011142010

Another Look at Governmentsâ€™ Balance Sheets; The Role of Nonfinancial Assets

Bova, Elva; Dippelsman, Robert; Rideout, Kara C; … - International Monetary Fund (IMF) - 2013

When discussing debt reduction strategies, little attention has been given to the role of governments’ nonfinancial assets. This is in part because data are scarce. Drawing on various data sources, this paper looks at the size, composition, and management of state-owned nonfinancial assets...

Persistent link: https://www.econbiz.de/10011242186

Fiscal Decentralization and the Efficiency of Public Service Delivery

Sow, Moussé; Razafimahefa, Ivohasina Fizara - International Monetary Fund (IMF) - 2015

This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a … stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact of fiscal decentralization on … those efficiency coefficients. The findings indicate that fiscal decentralization can improve the efficiency of public …

Persistent link: https://www.econbiz.de/10011242349

Too Small to Fail? Subnational Spending Pressures in Europe

Eyraud, Luc; Badia, Marialuz Moreno - International Monetary Fund (IMF) - 2013

The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal … following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there … results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation …

Persistent link: https://www.econbiz.de/10010790279

Narrowing Vertical Fiscal Imbalances in Four European Countries

Karpowicz, Izabela - International Monetary Fund (IMF) - 2012

This paper describes the institutional changes that have induced a decline in the vertical fiscal imbalance (VFI) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium, Italy, Norway, and Spain. The decline in VFI was achieved...

Persistent link: https://www.econbiz.de/10010790291