This paper examines the role of international technical assistance in building the institutions critical to the success of market reform in the Transition Economies. While there have been many successful grass roots projects aimed at helping individual firms or associations compete in the...

Die Staatsverschuldung vieler industrialisierter Länder hat seit Anfang der siebziger Jahre drastisch zugenommen. Zwar waren die meisten Länderhaushalte in der Zeit vom Ende des Zweiten Weltkriegs bis in die frühen siebziger Jahre durch eine deutliche Abnahme der Staatsverschuldung...

This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of state owned enterprises can present a potential...

Fiscal institutions, along with fiscal rules and budgetary procedures, are elements of the institutional environment of fiscal policy. Well pursued fiscal policy is reflected in the fiscal situation of a given country. The activities of many EU member countries and of Poland, done up till now,...

Artículo de revista ; This note analyses the situation of Spanish general government debt in 2018. Public debt fell to 97.1% of GDP, owing mainly to high economic growth. The average life of the debt stood at 7.5 years, with securities representing 86.4% of total debt and with the holdings of...

The deficit of the Federal budget dominates the attention of the public arena. The process began with President Carter's ill-fated budget announcement in February 1980. The response of the bond market revealed at the time that an increasing segment of the public recognized the futility of...

Seit geraumer Zeit wird den ?ffentlichen Haushalten in der Bundesrepublik Deutschland und hierbei insbesondere den Haushaltsdefiziten sowie dem Schuldenstand eine gro?e Aufmerksamkeit zuteil. Dazu beigetragen hat nicht nur der enorme Anstieg der Schulden der ?ffentlichen Hand und die damit...

The relationship between appreciation of the exchange rate and employment is investigated in the period 1980-2008 for the United States. Previous literature has found a negative relationship, studying as channels of transmission the role of exports, substitution of factors of production, terms...