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Promoting Fiscal Discipline

Promoting Fiscal Discipline »

Series: Books

Author(s): Manmohan Kumar , and Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

DOI: http://dx.doi.org/10.5089/9781589066090.071

ISBN: 9781589066090

Keywords: fiscal policy, expenditure, fiscal performance, fiscal rules, fiscal discipline

Fiscal discipline is essential to improve and sustain economic performance, maintain macroeconomic stability, and reduce vulnerabilities. Discipline is especially important if countries, industrial as well as devel...

Rules-Based Fiscal Policy in Emerging Markets
			: Background, Analysis, and Prospects

Rules-Based Fiscal Policy in Emerging Markets : Background, Analysis, and Prospects »

Series: Seminar Volumes

Author(s): George Kopits

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

DOI: http://dx.doi.org/10.5089/9781403920850.072

ISBN: 9781403920850

Keywords: rules, fiscal rules, fiscal policy, public debt, fiscal discipline

Inspired by the experience of some advanced economies and to enhance creditworthiness, recently a number of emerging market economies adopted rules limiting government deficits, expenditures, or indebtedness. This...

India's Experience with Fiscal Rules

India's Experience with Fiscal Rules »

Source: India's Experience with Fiscal Rules : An Evaluation and The Way Forward

Volume/Issue: 2009/175

Series: IMF Working Papers

Author(s): Alejandro Simone , and Petia Topalova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

ISBN: 9781451873221

Keywords: expenditure, expenditure growth, fiscal discipline

This paper examines India's experience with fiscal rules with a view to inform the design of a possible successor fiscal framework to the FRBMA. Among several proposals to strengthen the FRBMA, a framework that foc...

The Gambia

The Gambia »

Source: The Gambia : 2010 Article IV Consultation: Staff Report, Statement by the IMF Staff Representative, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for The Gambia

Volume/Issue: 2010/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2010

ISBN: 9781455202539

Keywords: debt, budget, interest, fiscal discipline, revenues, Gambia,

The Gambian economy showed strong growth and low inflation during the global crisis under the Extended Credit Facility (ECF), despite a sharp drop in tourism and remittance receipts. Executive Directors appreciated...

The gambia: 2010 Article IV Consultation Informational Annex

The gambia: 2010 Article IV Consultation Informational Annex »

Source: The Gambia : 2010 Article IV Consultation: Staff Report, Statement by the IMF Staff Representative, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for The Gambia

Volume/Issue: 2010/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2010

ISBN: 9781455202539

Keywords: debt, budget, interest, fiscal discipline, revenues, Gambia,

The Gambian economy showed strong growth and low inflation during the global crisis under the Extended Credit Facility (ECF), despite a sharp drop in tourism and remittance receipts. Executive Directors appreciated...

Statement by the IMF Staff Representative on The Gambia August 19, 2010

Statement by the IMF Staff Representative on The Gambia August 19, 2010 »

Source: The Gambia : 2010 Article IV Consultation: Staff Report, Statement by the IMF Staff Representative, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for The Gambia

Volume/Issue: 2010/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2010

ISBN: 9781455202539

Keywords: debt, budget, interest, fiscal discipline, revenues, Gambia,

The Gambian economy showed strong growth and low inflation during the global crisis under the Extended Credit Facility (ECF), despite a sharp drop in tourism and remittance receipts. Executive Directors appreciated...

IMF Executive Board Concludes 2010 Article IV Consultation with The Gambia

IMF Executive Board Concludes 2010 Article IV Consultation with The Gambia »

Source: The Gambia : 2010 Article IV Consultation: Staff Report, Statement by the IMF Staff Representative, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for The Gambia

Volume/Issue: 2010/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2010

ISBN: 9781455202539

Keywords: debt, budget, interest, fiscal discipline, revenues, Gambia,

The Gambian economy showed strong growth and low inflation during the global crisis under the Extended Credit Facility (ECF), despite a sharp drop in tourism and remittance receipts. Executive Directors appreciated...

Statement by Samuel Itam, Executive Director for The Gambia August 18, 2010

Statement by Samuel Itam, Executive Director for The Gambia August 18, 2010 »

Source: The Gambia : 2010 Article IV Consultation: Staff Report, Statement by the IMF Staff Representative, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for The Gambia

Volume/Issue: 2010/274

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 September 2010

ISBN: 9781455202539

Keywords: debt, budget, interest, fiscal discipline, revenues, Gambia,

The Gambian economy showed strong growth and low inflation during the global crisis under the Extended Credit Facility (ECF), despite a sharp drop in tourism and remittance receipts. Executive Directors appreciated...

Market-Based Fiscal Discipline in Monetary Unions

Market-Based Fiscal Discipline in Monetary Unions »

Source: Market-Based Fiscal Discipline in Monetary Unions : Evidence From the U.S. Municipal Bond Market

Volume/Issue: 1991/89

Series: IMF Working Papers

Author(s): Morris Goldstein , and Geoffrey Woglom

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1991

ISBN: 9781451851205

Keywords: bonds, bond, fiscal policy, fiscal discipline, municipal bond, Market-Based Fiscal Discipline in Monetary Unions:,

The concept of market-based fiscal discipline posits that a government which runs persistent, excessive fiscal deficits will face an increased cost of borrowing and eventually, a reduced availability of credit, and...

Do Subnational Fiscal Rules Foster Fiscal Discipline? New Empirical Evidence from Europe1

Do Subnational Fiscal Rules Foster Fiscal Discipline? New Empirical Evidence from Europe1 »

Source: Do Subnational Fiscal Rules Foster Fiscal Discipline? New Empirical Evidence from Europe

Volume/Issue: 2016/84

Series: IMF Working Papers

Author(s): Ananya Kotia , and Victor Lledo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2016

ISBN: 9781484322031

Keywords: Fiscal policy, fiscal rules, fiscal discipline, intergovernmental relations, Europe

This paper studies how fiscal rules interact with the intergovernmental fiscal framework to foster fiscal discipline among European subnational governments. We use political variables describing the fiscal attitude...