Showing 1 - 10 of 1,366
We use a new approach to assess long-term fiscal developments. By analyzing the time varying behaviour of the two components of government spending and revenue responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate...
Persistent link: https://www.econbiz.de/10003832368
Several features of Tanzania's budget system find their roots in the arrangements inherited from the United Kingdom. These include a legal framework that emphasizes accountability' a cabinet of ministers with strong budget decision-making powers' a parliament with very limited budget powers' and...
Persistent link: https://www.econbiz.de/10012777193
This paper assesses the advantages and disadvantages of the French and British public expenditure management systems as used in Africa. The main differences are in budget execution and government accounting. In both francophone and anglophone Africa, there are common weaknesses in the...
Persistent link: https://www.econbiz.de/10012783023
period of the previous year, while the share of oil and gas revenues rose from 40.4% to 45.6%. On the contrary, expenditures …
Persistent link: https://www.econbiz.de/10012911056
positive for long-run income levels. Increasing the share of social welfare spending (and away from all others pro-rata) may be …
Persistent link: https://www.econbiz.de/10013048739
This Article exposes a misapplication of federalism as the driving force behind the Supreme Court's extreme narrowing of the 42 U.S.C. § 1983 remedy for beneficiaries of federal-state cooperative spending programs. Originally, the Court applied a presumption, via § 1983's straightforward...
Persistent link: https://www.econbiz.de/10013231453
We develop a bottom-up causal framework to study the impact of public spending on high-dimensional and inter-dependent policy spaces in the context of socioeconomic and environmental development. Using data across 140 countries, we estimate the indicator-country-specific development gaps that...
Persistent link: https://www.econbiz.de/10013238273
The concept of the "quality of public finances" (QPF) covers many qualitative and structural issues of fiscal policy. This chapter traces the origins of the concept of QPF to the Lisbon Strategy and the subsequent EPC Working Group on "Quality of Public Finances" (2004‐2007). At its core, the...
Persistent link: https://www.econbiz.de/10013188102
This paper considers the effects of complementarity in private production between private and public inputs on optimal fiscal policy under the objective of growth maximization. Using an endogenous growth model with public finance and CES technology, it derives two central results. First, it...
Persistent link: https://www.econbiz.de/10013061271
is rather diverse especially as compared to the group of top performing emerging markets in Asia. Econometric analysis …
Persistent link: https://www.econbiz.de/10013318047