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countries over the past two decades. It finds strong effects on fiscal policy from such factors as type of electoral system …It is now well established that political and institutional factors matter for fiscal outcomes. Following a review of … the literature, this paper examines the relationship between a variety of political-institutional variables and fiscal …
Persistent link: https://www.econbiz.de/10005599740
The Government of Namibia has a full equity share of four specialist or policy banking corporation. There are a large …
Persistent link: https://www.econbiz.de/10011242487
their main challenge to create fiscal space for priority spending, enhance economic diversification, and reduce poverty. The …
Persistent link: https://www.econbiz.de/10011242595
This paper discusses a Request from Congo for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) program. Growth in Congo in 2008 was strong, but weakened by the onset of the global financial crisis during the second half of the year that resulted in a deterioration...
Persistent link: https://www.econbiz.de/10011243266
In this study, Australia’s economic performance from the onset of the global financial crisis is discussed. A healthy … commodity demand from emerging Asia underpins Australia’s favorable economic prospects. The importance of tax and structural …
Persistent link: https://www.econbiz.de/10011243577
the sixth consecutive year. Fiscal policy in 2007 remains prudent, with the central government deficit limited to the …
Persistent link: https://www.econbiz.de/10011243983
Persistent link: https://www.econbiz.de/10009124877
This paper analyses the changes in orientation and composition of Brazilian fiscal policy, focusing on three recent … extraordinary. During the second period of fiscal expansion (2011-2014), the fiscal space was reoriented towards tax cuts and … subsidies to private investment, while public investment stagnated. This new fiscal policy mix proved ineffective in preventing …
Persistent link: https://www.econbiz.de/10011714423
Persistent link: https://www.econbiz.de/10011960864
of the policy responses adopted. In particular, it analyses the progress in fiscal consolidation and the policies adopted … macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and … some of the major macro policy issues that need to be addressed in the years ahead, including: the resurgence of high …
Persistent link: https://www.econbiz.de/10005487709