Showing 1 - 10 of 112
A well-functioning public expenditure management (PEM) system is considered a critical pillar of government efficiency …
Persistent link: https://www.econbiz.de/10005248131
Fiscal impulse measures are used in the WEO and elsewhere to indicate the changing impact of the budget on the economy. Such measures are intended to provide more accurate indications of whether the budget is becoming more or less expansionary than would just observing moments in the actual...
Persistent link: https://www.econbiz.de/10005248137
, have aimed at improving distributional equity through pro-poor expenditure programs, while at the same time seeking to …
Persistent link: https://www.econbiz.de/10005248152
This paper outlines the challenge of developing an operational macroeconomic framework in Ethiopia consistent with the large envisaged scaling up of aid to achieve the Millennium Development Goals (MDGs). This paper describes an MDG scenario that addresses both microeconomic and macroeconomic...
Persistent link: https://www.econbiz.de/10005248180
This paper shows that aggregate investment expenditure shares on tradable and nontradable goods are very similar across … countries and regions. Furthermore, the two expenditure shares have remained close to constant over time, with the average … expenditure share on nontradables varying between 0.54-0.62 over the 1960-2004 period. These empirical findings offer a new …
Persistent link: https://www.econbiz.de/10005248190
provide a basis for costing such reforms for their incorporation into the medium-term expenditure framework. The paper …
Persistent link: https://www.econbiz.de/10005248218
A key challenge in government budgeting is to define an appropriate balance between current and capital expenditures. Budgeting for government capital investment also remains not well-integrated into the formal budget preparation process in many countries. This paper aims to provide an overview...
Persistent link: https://www.econbiz.de/10005263712
governments on both the expenditure and revenue sides. The central government should be involved neither in decisions on the …
Persistent link: https://www.econbiz.de/10005263732
While anecdotal evidence suggests that interest groups play a key role in shaping immigration policy, there is no systematic empirical analysis of this issue. In this paper, we construct an industry-level dataset for the United States, by combining information on the number of temporary work...
Persistent link: https://www.econbiz.de/10005263794
In a number of oil producing countries, oil revenue accounts for the majority of government revenue, but is expected to be depleted in a relatively short time frame. Ensuring that fiscal policy is on a sustainable path is thus a high priority, but political and social adjustment costs create...
Persistent link: https://www.econbiz.de/10005263833