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Assessing Vulnerabilities to Corruption in Public Procurement and Their Price Impact
Abdou, Aly; Basdevant, Olivier; Dávid-Barrett, Elizabeth; … - 2022
Public procurement can be highly vulnerable to corruption. This paper outlines a methodology and results in assessing … corruption risks in public procurement and their impact on relative prices, using large databases on government contracts and … tenders. Our primary contribution is to analyze how price differential in public procurement contracts can be explained by …
Persistent link: https://www.econbiz.de/10014081633
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Trends in Fiscal Transparency : Evidence from a New Database of the Coverage of Fiscal Reporting
Wang, Rachel - 2015
Although there are several measures of fiscal transparency, none provides satisfactory information on certain issues of macroeconomic relevance, including whether fiscal data are available for all of general government, whether the government reports a balance sheet, and whether spending and...
Persistent link: https://www.econbiz.de/10013015594
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Fiscal Councils : Rationale and Effectiveness
Beetsma, Roel M. W. J. - 2016
The paper discusses the effectiveness of independent fiscal institutions -- or fiscal councils -- in taming the deficit bias that emerged in the 1970s. After a review of the main theoretical arguments and recent trends about fiscal councils, we develop a stylized model showing how a fiscal...
Persistent link: https://www.econbiz.de/10012977753
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The Short-Term Impact of Product Market Reforms : A Cross-Country Firm-Level Analysis
Gal, Peter N. - 2016
This paper analyzes the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis. It provides four key insights. First, product market reforms...
Persistent link: https://www.econbiz.de/10012977841
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Assessing Countries’ Financial Inclusion Standing : A New Composite Index
Amidžic, Goran - 2014
attracted increasing interest from the international community with the G-20, IMF, and World Bank Group assuming an active role …
Persistent link: https://www.econbiz.de/10013057310
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A Framework for Comparing Climate Mitigation Policies Across Countries
Black, Simon; Minnett, Danielle; Parry, Ian; Roaf, James; … - 2023
There is growing interest in international coordination over climate mitigation policy. Climate clubs or international carbon price floors could complement the Paris Agreement by helping to deliver the near-term cuts in global greenhouse gas emissions needed to contain global warming to 1.5 to...
Persistent link: https://www.econbiz.de/10014264224
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Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement
Hebous, Shafik - 2016
procurement contracts in the United States with key financial firm-level information. We find that 1 dollar of federal spending …
Persistent link: https://www.econbiz.de/10012992948
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Regulating Local Government Financing Vehicles and Public-Private Partnerships in China
Jin, Hui - 2016
In this paper, we argue that there is much room for China to strengthen its regulatory framework for public-private partnerships (PPPs). We show that infrastructure projects carried out through local government financing vehicles (LGFVs) were largely unregulated PPPs, and significant fiscal...
Persistent link: https://www.econbiz.de/10012977776
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Enforcing Public-Private Partnership Contract : How Do Fiscal Institutions Matter?
Nose, Manabu - 2018
Public-private partnerships (PPPs) have increased rapidly in emerging and developing countries, creating both opportunities and fiscal challenges. One of the main challenges is that while governments have increased commitments in guarantees and direct subsidies to promote PPPs, contractual...
Persistent link: https://www.econbiz.de/10012928626
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From Global Savings Glut to Financing Infrastructure : The Advent of Investment Platforms
Arezki, Rabah - 2016
This paper investigates the emerging global landscape for public-private co-investments in infrastructure. The creation of the Asian Infrastructure Investment Bank and other so-called 'infrastructure investment platforms' are an attempt to tap into the pool of both public and private long-term...
Persistent link: https://www.econbiz.de/10012996096