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Local Governments' Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries
Crivelli, Ernesto - 2012
liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline …? The answer is clearly ‘no' for privatization considered in isolation. However, privatization and subnational fiscal …
Persistent link: https://www.econbiz.de/10013102260
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Case Studies in Tax Revenue Mobilization in Low-Income Countries
Akitoby, Bernardin - 2019
How can Low-Income Countries (LICs) enhance tax revenue collection to finance their vast development needs? We address this question by analyzing seven tax reform experiences in LICs (Burkina Faso, The Gambia, Maldives, Mauritania, Rwanda, Senegal, and Uganda). Three lessons stand out, although...
Persistent link: https://www.econbiz.de/10012868476
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Fiscal Resilience Building : Insights from a New Tax Revenue Diversification Index
Compaoré, Ali - 2020
Does the reliance on diversified tax structure enhance resilience to fiscal risks? This paper gives an answer to this question by proposing a new cross-country tax revenue diversification index (RDI). The RDI builds on the Theil index, and unlike the few existing tax diversification indices,...
Persistent link: https://www.econbiz.de/10012828219
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State Institutions and Tax Capacity : An Empirical Investigation of Causality
Akanbi, Olusegun Ayodele - 2019
Would better state institutions increase tax collection, or would higher tax collection help improve state institutions? In the absence of conclusive guidance from theory, this paper searches for an empirical answer to this question, using a panel dataset covering 110 non-resource-rich countries...
Persistent link: https://www.econbiz.de/10012863974
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India's State-Owned Enterprises
Agarwal, Ruchir; Arbatli, Elif C.; Fisher, Lesley; Han, … - 2022
India’s recently announced privatization strategy can facilitate a change in the composition of the public sector … description of the SOE sector in India, consider different criteria which can inform the scope and rationale for privatization. It … also highlights takeaways from international experience with privatization, highlights the importance of improved …
Persistent link: https://www.econbiz.de/10013492000
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The Evolution of Output in Transition Economies : Explaining the Differences
Berg, Andrew; Borensztein, Eduardo; Sahay, Ratna; … - 2006
What are the relative roles of macroeconomic variables, structural policies, and initial conditions in explaining the time path of output in transition and the large observed differences in output performance across transition economics? Using a sample of 26 countries, this paper follows a...
Persistent link: https://www.econbiz.de/10014179642
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Deepening the EU's Single Market for Services
Ebeke, Christian - 2020
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis...
Persistent link: https://www.econbiz.de/10012843505
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The IMF and Russia in the 1990s
Odling-Smee, John - 2015
This paper explains the IMF`s impact on economic policies in Russia, focusing on where the IMF made a difference. The Russian economic and political leadership essentially determined economic policies. The IMF`s influence was modest: it had only a limited impact on overall fiscal policy and the...
Persistent link: https://www.econbiz.de/10012750622
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Macroeconomic Dimensions of Public-Private Partnerships
Buffie, Edward F. - 2016
The voluminous literature comparing public-private partnerships (P3s) and own-investment (OI) by the public sector is dominated by contributions from microeconomic theory. This paper gives macroeconomics a voice in the debate by investigating the repercussions of P3 vs. OI in a dynamic general...
Persistent link: https://www.econbiz.de/10012982430
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Tax Composition and Growth : A Broad Cross-Country Perspective
Acosta Ormaechea, Santiago LE - 2012
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least 20 years of observations on total tax revenue during the...
Persistent link: https://www.econbiz.de/10013097287