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Politics, Government Size, and Fiscal Adjustment in Industrial Countries
Annett, Anthony - International Monetary Fund (IMF) - 2002
certain components of expenditure, such as transfers, and for the balance between labor and consumption taxation. There are … aggregates-encompassing the overall balance as well as expenditure and revenue and their various components-across 19 industrial … clear relationships between the type of political system and choice of tax and expenditure system. The paper also examines …
Persistent link: https://www.econbiz.de/10005599740
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Long-Term Trends in Public Finances in the G-7 Economies
Schaechter, Andrea; Cottarelli, Carlo - International Monetary Fund (IMF) - 2010
, stronger fiscal institutions, expenditure and revenue reforms, and an appropriate degree of burden sharing across all …
Persistent link: https://www.econbiz.de/10011142218
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Mali: Request for a Three-Year Arrangement under The Extended Credit Facility-Staff Report; Informational Annex; Staff Statement; Press Release on the Executive Board Consideration...
International Monetary Fund (IMF); International … - 2013
This paper discusses Mali’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The economy is recovering and inflationary pressures have abated. After a 0.4 percent GDP decline in 2012, Mali’s economy is on the mend. The improvement in the security...
Persistent link: https://www.econbiz.de/10011243750
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Canada; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic expansion remained subpar in the fourth quarter. The fiscal policy has continued to...
Persistent link: https://www.econbiz.de/10011243084
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Solomon Islands; Second Review Under the Standby Credit Facility and Request for a Three-Year Arrangement Under the Extended Credit Facility—Staff Report; Staff Supplement; Press...
International Monetary Fund (IMF); International … - 2012
This paper is an account of the economic conditions of the Solomon Islands. The macroeconomic situation has shown a considerable expansion in recent years with the external buffers intact. Although the Islands have shown good growth, the IMF staff expects only a moderate performance in 2013 and...
Persistent link: https://www.econbiz.de/10011243382
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Burkina Faso; Ex Post Assessment of Longer-Term Program Engagement—An Update
International Monetary Fund (IMF); International … - 2013
This paper discusses Burkina Faso’s ex-post assessment of longer-term program engagement. Economic growth has fluctuated above regional standards, averaging 5.3 percent between 2007 and 2012. The improvements in the agricultural sector, as a result of authorities’ strong push for...
Persistent link: https://www.econbiz.de/10011244618
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Fiscal Deficits, Public Debt, and Sovereign Bond Yields
Kumar, Manmohan S.; Baldacci, Emanuele - International Monetary Fund (IMF) - 2010
The recent sharp increase in fiscal deficits and government debt in many countries raises questions regarding their impact on long-term sovereign bond yields. While economic theory suggests that this impact is likely to be adverse, empirical results have been less clear cut, have generally...
Persistent link: https://www.econbiz.de/10008646420
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Republic of Kosovo; Fourth Review Under the Stand-By Arrangement
International Monetary Fund (IMF); International … - 2013
This staff report on the Republic of Kosovo’s Fourth Review under the Stand-By Arrangement discusses macroeconomic and financial policies. Banking-sector soundness indicators have remained largely unchanged. The revenue shortfall owed to a mix of lower than programmed customs receipts,...
Persistent link: https://www.econbiz.de/10011243199
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Senegal: Sixth Review Under the Policy Support Instrument and Request for Modification of an Assessment Criterion—Staff Report; Informational Annex; Press Release and Executive D...
International Monetary Fund (IMF); International … - 2014
This paper discusses Senegal’s Sixth Review Under the Policy Support Instrument (PSI) and Request for Modification of an Assessment Criterion. GDP growth is on track to reach 4 percent in 2013 and is projected to increase to 4.6 percent in 2014. Inflation has been declining, following a...
Persistent link: https://www.econbiz.de/10011244774
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Fiscal Rules in Response to the Crisis; Toward the "Next-Generation" Rules: A New Dataset
Budina, Nina; Schaechter, Andrea; Weber, Anke; Kinda, … - International Monetary Fund (IMF) - 2012
Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the fiscal legacy of the crisis. This paper takes stock of fiscal rules in use around the world, compiles a dataset - covering national and supranational fiscal rules, in 81 countries from 1985 to...
Persistent link: https://www.econbiz.de/10011242436