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Climate change impacts on public finances around the world

Barrage, Lint - 2024

This article reviews a rapidly growing literature on how climatic risks and events affect public finances around the world. This literature includes empirical evaluations of how past climatic events have affected fiscal outcomes, empirical and model-based assessments of how climatic risks affect...

Persistent link: https://www.econbiz.de/10015098614

Climate change and sovereign risk : a regional analysis for the Caribbean

Agarwala, Matthew; Burke, Matt; Doherty-Bigara, Jennifer; … - 2024

finance. As such, it leads to a suite of policy options for countries in the region. …

Persistent link: https://www.econbiz.de/10014529841

A Possible Approach to Fiscal Rules in Small Islands - Incorporating Natural Disasters and Climate Change

Nakatani, Ryota - 2019

countercyclical macroeconomic policies to build resilience against devastating natural hazards …

Persistent link: https://www.econbiz.de/10012860997

Monetary-fiscal policy coordination : Lessons from Covid-19 for the climate and biodiversity emergencies

Ryan-Collins, Josh; Kedward, Katie; Chenet, Hugues - 2023

The climate and biodiversity emergencies require structural economic shifts that will necessitate strategic coordination between macroeconomic policy authorities. The Covid-19 episode saw the implementation of monetary-fiscal policy coordination not seen since the 1970s to avert catastrophic...

Persistent link: https://www.econbiz.de/10014357452

Monitoring the Climate Impact of Fiscal Policy - Lessons from Tracking the Covid-19 Response

Eltokhy, Khaled; Funke, Katja; Huang, Guohua; Kim, Yujin; … - 2022

In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the economic impact of the crisis. The unusually large scale of the packages was accompanied by widespread calls for “greening” them to meet the dual goals of economic recovery...

Persistent link: https://www.econbiz.de/10013299319

Implementing the United States' Domestic and International Climate Mitigation Goals : A Supportive Fiscal Policy Approach

Parry, Ian W. H. - 2021

emissions. Fiscal policies at the national, sectoral, and international level could play a critical role in implementing these … objectives, along with investment, regulatory, and technology policies. Fiscal instruments are cost-effective, can enhance … mitigation, while levies/feebates offer a practical approach for reducing maritime and aviation emissions …

Persistent link: https://www.econbiz.de/10013238141

Designing fiscal policy to address the external costs of energy

Parry, Ian W. H. - 2014

This paper first reviews the conceptual case for, and appropriate design of, fiscal policies to address major … benefits from reform, are then discussed. A theme of the paper is the critical role of finance ministries in administering tax …

Persistent link: https://www.econbiz.de/10010465151

Climate change implications for the public finances and fiscal policy : an agenda for future research and filling the gaps in scholarly work : editorial

Mello, Luiz de; Martinez-Vazquez, Jorge - In: Economics : the open-access, open-assessment journal 16 (2022) 1, pp. 194-198

reallocation implications of policies to control climate change and their efficient implementation. The scope for further work …

Persistent link: https://www.econbiz.de/10013252553

Fiscal policy challenges in oil-exporting countries – a review of key issues

Sturm, Michael; Gurtner, François; Alegre, Juan Gonzalez - 2009

Fiscal policy choices have a particularly significant impact on economic performance in oil-exporting countries, owing to the importance of the oil sector in the economy and the fact that in most countries oil revenues accrue to the government. At the same time, fiscal policy in oil-centred...

Persistent link: https://www.econbiz.de/10011606256

A Comparison of Fiscal Rules for Resource-Rich Economies

Iacono, Roberto - 2016

This paper produces a normative evaluation of fiscal rules for a resource-rich economy. Ad hoc fiscal rules might imply substantial welfare costs; the goal is to analyze the magnitude of these costs by quantitatively evaluating the relative welfare sub-optimality of these rules. I posit a closed...

Persistent link: https://www.econbiz.de/10012999101