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„Spielraum für Steuersenkungen? Zur Debatte um den aktuellen Haushaltsüberschuss“

In: Zeitschrift für Wirtschaftspolitik 66 (2017) 1, pp. 36-36

Persistent link: https://www.econbiz.de/10014630870

Determinants of cyclicality in the current account balance : Evidence from advanced and developing countries

Kandil, Magda - In: International Journal of Development Issues 11 (2012) 3, pp. 235-258

Purpose – The purpose of this paper is to study the role of public and private imbalances in the cyclicality of the current account balance in a sample of advanced and developing countries. Within developing countries, the evidence does not establish the dependency of private investment on...

Persistent link: https://www.econbiz.de/10014768798

Corporate Governance at the World Bank and the Dilemma of Global Governance

Kaja, Ashwin; Werker, Eric - In: The World Bank Economic Review 24 (2010) 2, pp. 171-198

Most major decisions at the World Bank are made by its Board of Executive Directors. While some countries enjoy the opportunity to serve on this powerful body, most countries rarely, if ever, get that chance. This gives rise to the question: Does board membership lead to higher funding from the...

Persistent link: https://www.econbiz.de/10015360612

Growth Implosions and Debt Explosions: Do Growth Slowdowns Cause Public Debt Crises?

Easterly, William R. - In: Topics in Macroeconomics 1 (2001) 1

Abstract The worldwide growth slowdown after 1975 was a major negative fiscal shock; lower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. Most countries failed to adjust to the negative fiscal consequences of the growth...

Persistent link: https://www.econbiz.de/10014588422

Quantitative Approaches to Fiscal Sustainability Analysis : A Case Study of Turkey since the Crisis of 2001

Budina, Nina; van Wijnbergen, Sweder - In: The World Bank Economic Review 23 (2009) 1, pp. 119-140

This case study of fiscal sustainability in Turkey after the crisis in 2001 reviews and extends quantitative approaches to fiscal sustainability analysis and brings them together in a user-friendly tool applicable in a data-sparse environment. It combines a dynamic simulations approach with a...

Persistent link: https://www.econbiz.de/10015360577

Rising food inflation and India's monetary policy

Moorthy, Vivek; Kolhar, Shrikant - In: Indian Growth and Development Review 4 (2011) 1, pp. 73-94

India and similar emerging economies at present. Design/methodology/approach – This paper uses analytical arguments from … representative of the population need to be explored. Practical implications – Monetary policy in India (and similar emerging … model presented in this paper explains the sustained divergence in India, in recent years, between the CPI versus the GDP …

Persistent link: https://www.econbiz.de/10014758949

Monetary policy in India: is something amiss?

Cristadoro, Riccardo; Veronese, Giovanni - In: Indian Growth and Development Review 4 (2011) 2, pp. 166-192

in inflation in India, as well as in inflation expectations, a discussion of the role of monetary policy is needed. This … reactions to macroeconomic news. Findings – The authors documented the unhinging of inflation expectations in India in the … framework of the Reserve Bank of India would benefit from further evolution in the direction of a precisely defined and …

Persistent link: https://www.econbiz.de/10014758954

The Inflationary Consequences of Fiscal Policy In Brazil: An Empirical Investigation with Regime Switches and Time-Varying Probabilities

Salomon, Marcelo F. - In: Studies in Nonlinear Dynamics & Econometrics 5 (2001) 1

Before the Real plan was launched, five major stabilization plans failed to control Brazil's chronic inflationary process. A loose-stance fiscal policy, associated with widespread price indexation and a passive-stance monetary policy, was thought to drive the ever-growing rate of prices as well...

Persistent link: https://www.econbiz.de/10014620841

Reducing Implicit Liabilities: The New Stability Pact Will (Moderately) Help

Buti, Marco; Martins, João Nogueira - In: Zeitschrift für Wirtschaftspolitik 55 (2006) 3, pp. 288-304

Abstract The EU fiscal framework has often been criticised for not providing Member States with the right incentives to adopt structural reforms which would reduce implicit liabilities and improve sustainability. The Pact, as reformed in 2005, now includes a number of provisions that explicitly...

Persistent link: https://www.econbiz.de/10014630620

„Mehr europäische Budgetverantwortung als Antwort auf europaskeptische Tendenzen?“

In: Zeitschrift für Wirtschaftspolitik 66 (2017) 2, pp. 142-142

Persistent link: https://www.econbiz.de/10014630876