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Fiscal policy during business cycles in developing countries: The case of Africa
Leibfritz, Willi; Rottmann, Horst - University of Applied Sciences Amberg-Weiden (OTH) - 2013
procyclicality Africa's resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009. …
Persistent link: https://www.econbiz.de/10010957499
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Fiscal Policy During Business Cycles in Developing Countries: The Case of Africa
Leibfritz, Willi; Rottmann, Horst - CESifo - 2013
procyclicality Africa’s resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009. …
Persistent link: https://www.econbiz.de/10010718528
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Optimal Economic Growth Using Fiscal and Monetary Policies
Bougrine, Hassan; Rakkolainen, Teppo - Turun Kauppakorkeakoulu, Turun Yliopisto - 2009
The literature on growth theory is rich with models attempting to explain growth differences among countries. Several variables have been proposed many of which were found to be positively related to growth. However, a major problem with these models is that the factors explaining growth are...
Persistent link: https://www.econbiz.de/10004976664
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Is Privatization Related With Macroeconomic Management? Evidence From Some Selected African Countries.
George, Emmanuel; Odejimi, Deborah; Matthews, Oluwatoyin; … - Volkswirtschaftliche Fakultät, … - 2013
Has macroeconomic management succeeded in making privatization promote growth in Africa? What are the probable … strategies that should accompany the privatization reform process to promote growth in Africa? To what extent has the … privatization process succeeded in attracting foreign direct investment to Africa? The study investigates the relationship between …
Persistent link: https://www.econbiz.de/10011186475
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Macroeconomic Policy for Growth and Poverty Reduction: An Application to Post-Conflict and Resource-Rich Countries
Hailu, Degol; Weeks, John - Department of Economic and Social Affairs, United Nations - 2011
A fundamental shift in macroeconomic policy thinking is taking place. This shift opens a space for implementing policies that promote growth and reduce poverty in developing countries. In this paper, policies for post-conflict and resource-rich economies are outlined. Fiscal policy would focus...
Persistent link: https://www.econbiz.de/10009207080
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Die Entwicklung der Finanzpolitik in Georgien
Silagadze, Avtandil; Gelaschwili, Simon - Lehrstuhl für Finanzwissenschaft, Wirtschafts- und … - 2007
This paper gives an outline of the evolution of fiscal policy in Georgia. Starting in the mid-1990s, the authors break the recent Georgian history into two main periods, separated by the Rose Revolution of 2003. The first period was marked by some first efforts to generate and stabilize tax...
Persistent link: https://www.econbiz.de/10005827719
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Escenarios de vulnerabilidad fiscal para la economía colombiana
Villar, Leonardo; Forero, David - FEDESARROLLO - 2014
"El presente documento está compuesto por cuatro capítulos, excluyendo esta introducción, en donde se cuantifican esas sensibilidades y se estiman las necesidades de recursos tributarios que pueden surgir en consecuencia, para lo cual se utiliza el Modelo de Equilibrio General Computable de...
Persistent link: https://www.econbiz.de/10010959914
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Escenarios de vulnerabilidad fiscal para la economia colombiana
Villar, Leonardo; Forero, David - BBVA Research, Grupo BBVA - 2014
Para medir la sostenibilidad fiscal de un pais, es importante pensar en prospectiva y evaluar si las proyecciones fiscales de mediano plazo son consistentes con la disponibilidad de recursos y la consistencia entre aquellos programas que implican gasto publico y la disposicion a generar los...
Persistent link: https://www.econbiz.de/10010897063
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A macroeconomia do bem-estar social: relações e controvérsias
Martini, Ricardo Agostini; Júnior, Frederico G. Jayme; … - Centro de Desenvolvimento e Planejamento Regional … - 2011
According to recent studies, shocks on aggregated variables are associated with unequal impacts on the economic system, affecting more some agents and sectors than others according, depending on their characteristics. Theoretically, the mechanisms that differentiate shocks’ effects on economic...
Persistent link: https://www.econbiz.de/10009193063
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Is government spending the key to successful consolidation?
Nautet, M.; Schoonackers, R.; Stinglhamber, P.; … - In: Economic Review (2014) I, pp. 29-44
The financial crisis that erupted during 2007 and intensified in 2008 and the ensuing economic recession led to a serious deterioration in the public finances of most advanced economies. That resulted in a sharp increase in the fiscal deficit and public debt in those countries, including...
Persistent link: https://www.econbiz.de/10011272846