Im Beitrag wird gezeigt, dass die Kreditfinanzierung öffentlicher Investitionen mittel- und langfristig den Nachteil hoher, am Marktzins orientierter Opportunitätskosten aufweist. Im Rahmen der Steuerfinanzierung konvergieren die Opportunitätskosten öffentlicher Investitionen gegen einen...

This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public...

El presente documento tiene como fin realizar un análisis general del presupuesto público del sector saneamiento. Se divide como sigue: en primer lugar, se brinda una descripción general del sector. En segundo lugar, se analiza el financiamiento del mismo y los gastos realizados. En tercer...

Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...

Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...

Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...

Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United...

Resumen: desde el año 2000, el comportamiento de las finanzas públicas deMedellín ha venido mostrando una tendencia positiva escalando en la posición del ranking realizado por el Departamento Nacional de Planeación (DNP), lo que le ha permitido localizarse en el primer lugar dentro de las...

This paper presents and analyzes an endogenous growth model with public capital and progressive taxation. Two versions are considered: The first version assumes that the budget of the government is balanced at each point of time. The second allows for public debt but asserts that the ratio of...

Since the Asian financial crisis in 1997, Thailand has become highly dependent on export as the engine of economic recovery and growth. In 2008, the ratio of export to gross domestic product (GDP) was 76.5%. The global economic crisis triggered by the sub-prime loans debacle in the United States...