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Ghana; Economic Development in a Democratic Environment
Harnack, Joachim; Leite, Sérgio Pereira.; Fabrizio, … - International Monetary Fund (IMF) - 2000
Persistent link: https://www.econbiz.de/10005767349
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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
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Another Look at Governments’ 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
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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
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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
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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
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The Investment-Financing-Growth Nexus: The Case of Liberia
Clark, Will; Rosales, Manuel - International Monetary Fund (IMF) - 2013
Liberia is facing large infrastructure gaps and developmental needs that constrain the country’s growth potential. The government has set an ambitious agenda to transform the economy and to reach middle-income country status by 2030 by scaling up investment in infrastructure and human capital....
Persistent link: https://www.econbiz.de/10010790418
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A Banking Union for the Euro Area
Goyal, Rishi; Brooks, Petya Koeva; Pradhan, Mahmood; … - International Monetary Fund (IMF) - 2013
The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and costs of a banking union, presents a steady state view of the banking union, elaborates difficult transition issues, and briefly discusses broader EU issues. As such, it assesses...
Persistent link: https://www.econbiz.de/10010959483
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Should Advanced Countries Adopt a Fiscal Responsibility Law?
Lienert, Ian - International Monetary Fund (IMF) - 2010
Fiscal Responsibility Laws (FRLs) appear to be more popular in middle-income countries than advanced countries, even though their success is limited. The reasons why few advanced countries have a FRL include: the existing legal framework for the budget system is adequate; supranational rules and...
Persistent link: https://www.econbiz.de/10008727812
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The Challenge of Reforming Budgetary Institutions in Developing Countries
Allen, Richard - International Monetary Fund (IMF) - 2009
The paper notes that the development of sound budgetary institutions in countries such as France, the U.K. and the U …
Persistent link: https://www.econbiz.de/10004999954