Showing 1 - 10 of 184
affects human capital, and infrastructure expenditures that affect productivity. The paper finds that social expenditures lead … alternative scenarios of government expenditure and tax financing. Two expenditure types are considered: social spending that … to higher economic growth depending on the form of financing; young generations benefit most from social spending …
Persistent link: https://www.econbiz.de/10005768921
institution’s credit worthiness and the return on its market value, and importantly, on the level and quality of capital … steps taken to increase resilience, notably higher capitalization. Our results suggest increased capital buffers may …
Persistent link: https://www.econbiz.de/10011142003
A well-functioning public expenditure management (PEM) system is considered a critical pillar of government efficiency, on par with a low-distortion tax system and efficient tax administration. The paper discusses PEM systems in developing countries using an analytical framework based on...
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
Against the background of Mexico's persistently high degree of inequality, this paper analyzes the country's experience with pro-poor policies over the last decade. A number of important government initiatives, implemented since the mid-1990s, have aimed at improving distributional equity...
Persistent link: https://www.econbiz.de/10005248152
spending will remain in line with Ethiopia's absorptive capacity. …
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...
Persistent link: https://www.econbiz.de/10005248190
The paper reviews the Poverty Reduction Strategy (PRS) approach and efforts to build institutional statistical capacity …
Persistent link: https://www.econbiz.de/10005248218
recipient governments, especially in the form of debt relief. Donor harmonization, national ownership of development plans, and …
Persistent link: https://www.econbiz.de/10005263710
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 … series of recommendations for how to ensure efficient integration of capital planning and budget management in low …
Persistent link: https://www.econbiz.de/10005263712