In most of the countries, gender equality is an important national goal. This is particularly so in some human development sectors (especially education and health). For several low-income countries, gender issues are also important in the agriculture sector. Finally, several government...

All governments spend money. The classic “guns vs butter” debate illustrates the subject matter of this essay well: to what end do governments in developed nations spend their funds? Trends in public expenditure is a topic of particular interest in the aftermath of the year 2020, when many...

This paper analyses of some the key aspects of public expenditure policy in Denmark. The public expenditure to GDP ratio has abated markedly since the mid-1990s, reflecting both cyclical gains and the return on structural reforms. Nevertheless, the underlying upward pressure on government...

Gender equality represents the engine for economic, social and democratic development. In the majority of developed and developing countries, resources allocated by government are limited. The lack of financial resources for covering the existent social needs lead to such a problem like...

The importance of approached theme lays in the equality notion as a multidimensional term embracing economic, cultural and social dimensions alike. There are strong reasons to believe that a reduction of gender inequality is important in the promotion of economic growth and in the reduction of...

The purpose of this study is to provide an overview of fiscal policies and PFM reforms in 7 countries in the Western Balkans and 12 countries in the CIS, including major macroeconomic and poverty trends, fiscal policy, the size and role of the public sector, public expenditure management and its...

We build a dynamic general equilibrium model with heterogeneous households, namely Rich and Poor, and capital skill complementarity structure in the production function, to study aggregate and distributional implications of fiscal consolidation policies when the government uses a rich set of...

This paper concentrates on the golden rule of public finance. It reviews the main advantages and disadvantages of the potential implementation of this rule in the European Union. Often the question of the productivity of public capital is at the heart of the rule's discussions. As this issue has...