We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...

This paper examines the fiscal challenges that the new EU member states in Central and Eastern Europe (NEW-8) are facing that arise from both EU membership and from developments that are essentially independent of EU membership. While the direct fiscal strains caused by EU membership may appear...

Performance budgeting schemes in the public sector have to operate with imperfect performance measures. We argue that these imperfections generate incentives for the potential recipients of performance-based funds to use up resources in socially wasteful influence activities. We develop a...

We analyze the short and long run effects of demographic ageing - increased longevity and reduced fertility - on per-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital deepening, and indirect effects, working through...

In an OCDE panel, for the period 1970-2010, we assess the effects of fiscal consolidation episodes, with four different definitions. Our results reveal that lower final government consumption would increase private consumption in three out of the four approaches, when there is a fiscal...

The paper attempts to study the Gender Responsive Budgeting (GRB) in the field of urban water and sanitation in Delhi region in order to ascertain the hypothesis that the budgeting and planning impacts the lives of women and girls disproportionately compared to men and boys. The study finds that...

In April 2013, Federal Law on the Contract System in the Sphere of Procurement of Goods, Jobs and Services for State and Municipal Needs was approved.The Law on FKS transforms to a great extent the rules of regulation in the sphere of state procurement and considerably expands the scope of...

This article examines the relationship between government budgetary policy and the pursuit of accelerated economic growth. The authors review the academic debate over long-term economic growth and associated short-term fluctuations and conclude that Russian budgetary intended to smooth...

The Government of the Russian Federation has issued documents which introduce from 2014 a simplified procedure for withdrawal of land plots from public (municipal) entities and state-owned enterprises in favor of the state treasury; amendments were introduced in to the procedure for provision of...

In October, the following documents were approved: the procedure for provision of budget investments to legal entities which are neither state or municipal entities, nor state or municipal unitary enterprises; guidelines for application of methods of determination of the initial (maximum)...