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increase the green multiplier. Interestingly, corruption positively affects all multipliers. I show that the effect of … corruption can be explained by its role in easing bureaucratic and regulatory burdens. These results suggest that taking national …
Persistent link: https://www.econbiz.de/10014634134
corruption, the features of electoral cycles. The paper discusses both theory and evidence, and concludes with some speculations …
Persistent link: https://www.econbiz.de/10009781540
This research examines problems surrounding procedures of fiscal policy and their influence on economic growth in Nigeria from 1970 - 2009. Theory envisage that fiscal policy can impinge on economic growth by changing motivation for investment and labour as well as by altering after-tax proceeds...
Persistent link: https://www.econbiz.de/10009762664
This paper provides a critical assessment of the new EU fiscal framework, with a focus on its implications for public expenditure on the twin green and digital transition. According to the reformed rules, member states may commit to a package of investment and reform to extend the fiscal...
Persistent link: https://www.econbiz.de/10015359171
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act. While deficits widened anew in 2008 and 2009, against the backdrop of the global financial and economic crisis, efforts to reduce them have resumed since. To ensure...
Persistent link: https://www.econbiz.de/10009364448
This paper examines various aspects of fiscal policy in Slovenia, in particular fiscal consolidation, pension reform, efficiency of government spending and the tax system. It finds that Slovenia belongs to the group of new EU member countries, which have given in the past a high priority to...
Persistent link: https://www.econbiz.de/10008498030
Persistent link: https://www.econbiz.de/10014439719
Persistent link: https://www.econbiz.de/10011625315
Following a benchmarking exercise, we estimate the spending required to reach satisfactory progress in the Sustainable Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in education (up to 1.5 percentage point of GDP) and...
Persistent link: https://www.econbiz.de/10012154654