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This paper presents twelve budget institutions that can support planning and delivery ofcredible fiscal strategies in the fiscal policy-making process. The resulting framework is applied to seven low-income countries and the status of their budget institutions compared to the G-20 advanced and...
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This paper presents twelve budget institutions that can support planning and delivery of credible fiscal strategies in the fiscal policy-making process. The resulting framework is applied to seven low-income countries and the status of their budget institutions compared to the G-20 advanced and...
Persistent link: https://www.econbiz.de/10014411521
Persistent link: https://www.econbiz.de/10003390062
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This paper investigates the political and economic determinants of successful fiscal adjustment in 25 emerging market economies from 1980 to 2001. The results show that large and back-loaded fiscal adjustments have the highest likelihood of success. Fiscal consolidations based on expenditure...
Persistent link: https://www.econbiz.de/10012783135
This paper investigates the political and economic determinants of successful fiscal adjustment in 25 emerging market economies from 1980 to 2001. The results show that large and back-loaded fiscal adjustments have the highest likelihood of success. Fiscal consolidations based on expenditure...
Persistent link: https://www.econbiz.de/10014404039
' growth prospects. But more important than whether a country can expand its public investment in infrastructure is whether it … should. Unfortunately, the results of studies on public investment's impact on growth are unclear, leading many to conclude … developing economies during 1960–2001, finds that public investment generally has a positive impact on growth. Furthermore, the …
Persistent link: https://www.econbiz.de/10013122447