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This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...
Persistent link: https://www.econbiz.de/10005824863
This paper reviews the Report on the Observance of Standards and Codes on Fiscal Transparency for Ukraine, and provides an assessment of fiscal transparency practices in Ukraine against the requirements of the IMF Code of Good Practices on Fiscal Transparency. It reviews the description of...
Persistent link: https://www.econbiz.de/10005825186
This report assesses the Observance of Standards and Codes on Fiscal Transparency for the Republic of Kazakhstan. The fiscal reporting and dissemination of information in Kazakhstan has already achieved a sound level of practice, and can be built upon with relatively little further effort....
Persistent link: https://www.econbiz.de/10005591169
This report examines the Observance of Standards and Codes on Fiscal Transparency for Spain. The assessment reveals that over the last several years, Spain has made major progress not only in macroeconomic and fiscal adjustment, but also in modernizing and strengthening its fiscal institutions...
Persistent link: https://www.econbiz.de/10005591543
Fiscal decentralization is likely to entail a bias in the budget process toward higher public expenses and deficits. The paper reviews lessons drawn from the theoretical literature and international experience on the design of intergovernmental relations. The institutional setup should address...
Persistent link: https://www.econbiz.de/10005599749
This report provides a reassessment of fiscal transparency practices in Mozambique. The reassessment is conducted against the results of Report on the Observance of Standards and Codes (ROSC) on fiscal transparency, which identified serious transparency shortcomings and updates of the ROSC,...
Persistent link: https://www.econbiz.de/10011243702
Nach dem Einigungsvertrag sollen die neuen Länder zum 1. Januar 1995 in einem gesamtdeutschen Finanzausgleich … bundesstaatlichen Finanzausgleich und der Bundesergänzungszuweisung, sowie den Finanzhilfen des Bundes erreicht. Es zeigt aber auch, daß … der Bund die Hauptlast der Integration der neuen Länder in den Bund-Länder-Finanzausgleich trägt und daß Chancen für eine …
Persistent link: https://www.econbiz.de/10005048305