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Fiscal Policy in Nigeria; Any Role for Rules?
Baunsgaard, Thomas - International Monetary Fund (IMF) - 2003
the economy. Past fiscal policy in Nigeria has not been successful in this regard, since both revenue and expenditure have …
Persistent link: https://www.econbiz.de/10005825881
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The Role of Medium-Term Fiscal Frameworks for Transition Countries; The Case of Bulgaria
Horváth, Balázs; Székely, István P. - International Monetary Fund (IMF) - 2001
broad concept of net public debt. …
Persistent link: https://www.econbiz.de/10005826341
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Improving Surveillance Across the Cemac Region
Iossifov, Plamen; Takebe, Misa; Zhan, Zaijin; … - International Monetary Fund (IMF) - 2009
In this paper, we consider the design of the surveillance, and, in particular, the fiscal criteria in the Central African Economic and Monetary Community (CEMAC) with the view to ensuring they are consistent with internal and external sustainability. This consistency is important within a...
Persistent link: https://www.econbiz.de/10008497617
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Absorption Boom and Fiscal Stance; What Lies Ahead in Eastern Europe?
Rahman, Jesmin - International Monetary Fund (IMF) - 2010
This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom years of 2003-07 to create sufficient fiscal space. The current crisis has found many...
Persistent link: https://www.econbiz.de/10008470376
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Budget Institutions and Fiscal Performance in Low-Income Countries
Gollwitzer, Sophia; Kvintradze, Eteri; Prakash, Tej; … - International Monetary Fund (IMF) - 2010
public external debt outcomes; and countries with stronger fiscal institutions have better scope to conduct countercyclical …
Persistent link: https://www.econbiz.de/10008470408
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Politics, Government Size, and Fiscal Adjustment in Industrial Countries
Annett, Anthony - International Monetary Fund (IMF) - 2002
only when growth has been high or when debt has become problematic. …
Persistent link: https://www.econbiz.de/10005599740
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Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries
Kojo, Naoko C.; Hillman, Arye L.; Baldacci, Emanuele - International Monetary Fund (IMF) - 2003
private investment response to fiscal contraction may be minor, high-deficit, low-income countries can nonetheless benefit …
Persistent link: https://www.econbiz.de/10005605191
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Fiscal Sustainability and Policy Issues in the Eastern Caribbean Currency Union
Pellechio, Anthony J.; Rizavi, Saqib; Kufa, Phebby - International Monetary Fund (IMF) - 2003
, resulting in sharp increases in public debt. The sustainability of public debt is examined using the public sector budget … constraint to derive the maximum public-debt-to-GDP ratio that can be sustained based on a country's projected steady …-state primary balance, interest rate on public debt, and economic growth rate. In this context, government deficits and debt in …
Persistent link: https://www.econbiz.de/10005605374
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A Primer on Fiscal Analysis in Oil-Producing Countries
Medas, Paulo A. - 2009
This paper proposes an integrated approach to fiscal policy analysis in oil producing countries (OPCs) geared towards addressing their unique and complex policy challenges. First, an accurate assessment of the fiscal stance in OPCs can be obscured by large and volatile oil revenue flows. Second,...
Persistent link: https://www.econbiz.de/10012677747
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Fiscal Consolidation in Southeastern European Countries; The Role of Budget Institutions
International Monetary Fund (IMF); International … - 2012
This paper assesses the relative strengths and weaknesses of fiscal institutions in ten Southeastern European countries, using recent benchmarking methodologies developed by FAD. The assessment evaluates each country’s understanding of the scale of the fiscal adjustment challenge, its...
Persistent link: https://www.econbiz.de/10011242422