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A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies
Grigoli, Francesco - International Monetary Fund (IMF) - 2014
The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has … the efficiency of secondary education spending in emerging and developing economies. The approach accounts for the impact … of the level of development on education outcomes by constructing different efficiency frontiers for lower- and higher …
Persistent link: https://www.econbiz.de/10011242208
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China; Does Government Health and Education Spending Boost Consumption?
Barnett, Steven; Brooks, Ray - International Monetary Fund (IMF) - 2010
saving and increased consumption. The main findings are that spending on health, but not education, had an impact on …
Persistent link: https://www.econbiz.de/10008561091
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Fiscal policy and the real exchange rate
Chatterjee, Santanu; Mursagulov, Azer - 2012
Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper examines the mechanism through which public infrastructure spending affects the dynamics of the real exchange rate. Using a two-sector dependent open economy model with...
Persistent link: https://www.econbiz.de/10009572527
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What determines government spending multipliers?
Corsetti, Giancarlo; Meier, André; Müller, Gernot J. - 2012
This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule and trace their macroeconomic impact under different conditions regarding the exchange rate...
Persistent link: https://www.econbiz.de/10009618568
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Public expenditure in the Slovak Republic : composition and technical efficiency
Grigoli, Francesco - 2012
also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social … outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent in …
Persistent link: https://www.econbiz.de/10009621024
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A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries
Leruth, Luc E.; Paul, Elisabeth - International Monetary Fund (IMF) - 2006
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
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Mexico; Experiences with Pro-Poor Expenditure Policies
Corbacho, Ana; Schwartz, Gerd - International Monetary Fund (IMF) - 2002
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
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Fiscal Sustainability in Heavily Indebted Countries Dependenton Nonrenewable Resources; The Case of Gabon
Ntamatungiro, Joseph - International Monetary Fund (IMF) - 2004
This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries dependent on exhaustible resources, with reference to Gabon. It finds that fiscal sustainability could be achieved by: (i) developing a fiscal rule for the non-oil primary fiscal balance compatible...
Persistent link: https://www.econbiz.de/10005248171
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Money isn't Everything; The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia
Mattina, Todd D. - International Monetary Fund (IMF) - 2006
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
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Is Asia Prepared for An Aging Population?
Heller, Peter S. - International Monetary Fund (IMF) - 2006
Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian countries are addressing and anticipating the...
Persistent link: https://www.econbiz.de/10005248253