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This paper provides an overview of the Public Sector Balance Sheet (PSBS) Database, a dataset developed in the context of the October 2018 Fiscal Monitor. The dataset provides a comprehensive picture of public wealth for 38 countries, and a narrower picture for further 37 countries and...
Persistent link: https://www.econbiz.de/10012299342
The reform of the Italian public administration has been a priority for at least two decades, with several major initiatives undertaken toward modernization and simplification. Notwithstanding laudable intentions, however, progress remains limited. This analysis is a case study of two reforms...
Persistent link: https://www.econbiz.de/10012177638
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Persistent link: https://www.econbiz.de/10009726545
Statistical offices have often recourse to benchmarking methods for compiling quarterly national accounts (QNA …). Benchmarking methods employ quarterly indicator series (i) to distribute annual, more reliable series of national accounts and (ii …) benchmarking method proposed by Denton (1971) is a widely used solution for distribution, but in extrapolation it may suffer when …
Persistent link: https://www.econbiz.de/10009618495
This paper reviews public expenditure in Lithuania to identify areas where deeper structural reforms may be warranted to improve spending efficiency and contain future spending pressures. The analysis benchmarks spending in Lithuania against other European countries focusing on spending levels,...
Persistent link: https://www.econbiz.de/10011445593
This paper analyzes the availability, methodological soundness, and scope of National Accounts statistics in IMF member and non-member countries in 2020. National Account statistics are instrumental in the development of fiscal and monetary policy and in monitoring economic developments. This...
Persistent link: https://www.econbiz.de/10013170270
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period...
Persistent link: https://www.econbiz.de/10012667536
This paper reviews the role of benchmark-driven investments in EM local bond markets. We provide an overview of how key EM bond benchmark indices are constructed, how they affect the behavior of investment funds, and what are the likely implications for capital flows and policy-making. Several...
Persistent link: https://www.econbiz.de/10012391578
Using data from the World Economic Forum's Global Competitiveness Report as an example, this paper compares structural indicators for 25 countries in Emerging Europe, the Caucasus, and Central Asia with a generic country with similar charactersitics that is 40 percent richer as well as a country...
Persistent link: https://www.econbiz.de/10011670497