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adjustment required to achieve a sustainable fiscal policy needed to come from expenditure cuts, in particular a reduction in the … number of established and non-established positions, and from focusing capital expenditures on projects geared to growth and … public sector employment and compensation; Chapters 5 and 6 examine public expenditures and outcomes in the health and …
Persistent link: https://www.econbiz.de/10012553479
The report reviews Grenada public expenditures for the period 1995-02 and suggests policy recommendations to achieve … government are to: (a) tighten fiscal policy, notably through reduction of capital expenditures and the realization of the fiscal … examine public expenditures and outcomes in the education and health sectors; and Chapter 8 discusses social protection …
Persistent link: https://www.econbiz.de/10012559419
-run impact of government expenditure composition and taxation. They analyze the use of the primary balance as a policy tool … interaction between public expenditure composition and taxation on growth. Similar results are obtained: large elasticities of … output with respect to capital stocks, a significant negative impact of taxation on long-run GDP, and a negative impact of …
Persistent link: https://www.econbiz.de/10010522058
,600 military later. The objectives of this public expenditure review (PER) update are to: (i) review progress in macroeconomic and …
Persistent link: https://www.econbiz.de/10012553182
This Public Expenditure Review (PER) builds on the commitments of the 2003 Country Economic Memorandum (CEM), and 2002 … of public expenditure, and identify policy options for fiscal sustainability. Jamaica's high debt aggravates debt … expenditure commitments to improve budget credibility, including direct and contingent commitments. This implies increased fiscal …
Persistent link: https://www.econbiz.de/10012553429
Ghana has experienced an extended period of robust growth since the early 2000s, supported by a favorable external environment and large investment inflows, particularly in the extractive industries. In 2011, as the start of oil production drove a surge in per capita income, Ghana graduated from...
Persistent link: https://www.econbiz.de/10012247460
infrastructure base; (iii) expand the economic base and (iv) enhance human capital. But because of Haiti's scarce resources … reforms to improve efficiency of public spending. However, public expenditure reforms would not be enough to decisively put …
Persistent link: https://www.econbiz.de/10012553029
Persistent link: https://www.econbiz.de/10010524133
when in the European Union (EU). The report sees a stronger case, and greater scope for adjustment on the expenditure, than … on the revenue side. Expenditures have shot up in the last three years, to a level which exceeds those observed in … comparable countries. Worse, most existing expenditure programs, seem locked in upward trajectories, and fresh spending pressures …
Persistent link: https://www.econbiz.de/10012563590
This public expenditure review analyzes recent developments in the Czech Republic, and future prospects for growth … objectives, emphasizing that much of the adjustment should come from the expenditure side. Given the main purpose of the report … - to take this expenditure adjustment challenge as a mean to achieve potential efficiency gains, while limiting attending …
Persistent link: https://www.econbiz.de/10012558590