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countercyclical macroeconomic policies to build resilience against devastating natural hazards …
Persistent link: https://www.econbiz.de/10012860997
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
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
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
Persistent link: https://www.econbiz.de/10014314718
The recent relatively high levels of global oil prices have led to a significant improvement in the public finances of several hydrocarbon-exporting countries. However, despite the increase in fiscal buffers, medium-term risks remain high. Fiscal vulnerabilities have increased as a consequence...
Persistent link: https://www.econbiz.de/10013096279
The recent relatively high levels of global oil prices have led to a significant improvement in the public finances of several hydrocarbon-exporting countries. However, despite the increase in fiscal buffers, medium-term risks remain high. Fiscal vulnerabilities have increased as a consequence...
Persistent link: https://www.econbiz.de/10013097742
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
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-centered...
Persistent link: https://www.econbiz.de/10013316414
Fiscal policy in oil-producing countries can be profoundly affected by oil revenue uncertainty and volatility. Policy formulation should factor in the exhaustibility of the natural resources and aim at reducing oil revenue volatility passed on to the economy. Past fiscal policy in Nigeria has...
Persistent link: https://www.econbiz.de/10013317991