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Public Financial Management and Its Emerging Architecture

Public Financial Management and Its Emerging Architecture »

Series: Books

Author(s): M. Cangiano , Teresa Curristine , and Michel Lazare

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2013

DOI: http://dx.doi.org/10.5089/9781475531091.071

ISBN: 9781475531091

Keywords: decentralization, fiscal rules, rules, expenditure, public investment

The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in the past, owing...

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...

Fiscal Policy Rules

Fiscal Policy Rules »

Series: Occasional Papers

Author(s): George Kopits , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 1998

DOI: http://dx.doi.org/10.5089/9781557757043.017

ISBN: 9781557757043

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

What are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute...

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...

Excerpt
			: Public Financial Management and Its Emerging Architecture

Excerpt : Public Financial Management and Its Emerging Architecture »

Series: Miscellaneous Publication (Other)

Author(s): M. Cangiano , Teresa Curristine , and Michel Lazare

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 April 2013

DOI: http://dx.doi.org/10.5089/PFMEEAEX.073

ISBN: PFMEEAEX

Keywords: Financial management, decentralization, fiscal rules, rules, expenditure, public investment

This is an excerpt from Public Financial Management and Its Emerging Architecture. It includes the table of contents, foreword, preface, and chapter 1....

Rules-Based Fiscal Policy in France, Germany, Italy, and Spain

Rules-Based Fiscal Policy in France, Germany, Italy, and Spain »

Series: Occasional Papers

Author(s): Teresa Daban Sanchez , Steven Symansky , Gian Milesi-Ferretti , Enrica Detragiache , and Gabriel Di Bella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 November 2003

DOI: http://dx.doi.org/10.5089/9781589062160.084

ISBN: 9781589062160

Keywords: fiscal policy, expenditure, fiscal rules, expenditures, public debt

Fiscal rules can help to counteract the deficits and spending biases that too often originate in the political process. Rules that constrain spending--rather than the balance--allow fiscal policy to be countercycli...

Mexico: Selected Issues

Mexico: Selected Issues »

Source: Mexico : Selected Issues

Volume/Issue: 2013/333

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 November 2013

ISBN: 9781475522389

Keywords: public debt, fiscal framework, fiscal rule, fiscal rules

This Selected Issues paper analyzes reforms to Mexico's fiscal framework. Mexico's resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated wi...

Mexico: Selected Issues

Mexico: Selected Issues »

Source: Mexico : Selected Issues

Volume/Issue: 2013/333

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 November 2013

ISBN: 9781475522389

Keywords: public debt, fiscal framework, fiscal rule, fiscal rules

This Selected Issues paper analyzes reforms to Mexico's fiscal framework. Mexico's resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated wi...

Mexico: Selected Issues

Mexico: Selected Issues »

Source: Mexico : Selected Issues

Volume/Issue: 2013/333

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 November 2013

ISBN: 9781475522389

Keywords: public debt, fiscal framework, fiscal rule, fiscal rules

This Selected Issues paper analyzes reforms to Mexico's fiscal framework. Mexico's resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated wi...

Peru

Peru »

Source: Peru : Selected Issues

Volume/Issue: 2010/99

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 April 2010

ISBN: 9781455206674

Keywords: fiscal rules, fiscal variables, primary balance, fiscal rule

This paper assesses the performance of Peru's alternative fiscal rules in supporting medium-term fiscal policy objectives. Peru has shown steady fiscal surpluses and declining debt vulnerabilities. Subnational gove...