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Public Expenditure in Latin America

Public Expenditure in Latin America »

Source: Public Expenditure in Latin America : Trends and Key Policy Issues

Volume/Issue: 2007/21

Series: IMF Working Papers

Author(s): Benedict Clements , Christopher Faircloth , and Marijn Verhoeven

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451865851

Keywords: Public Expenditure, expenditures, expenditure, public spending, government spending, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy,

This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and so...

Gender and its Relevance to Macroeconomic Policy: A Survey

Gender and its Relevance to Macroeconomic Policy: A Survey »

Source: Gender and its Relevance to Macroeconomic Policy : A Survey

Volume/Issue: 2006/233

Series: IMF Working Papers

Author(s): Janet Stotsky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2006

ISBN: 9781451864939

Keywords: macroeconomic policy, gender inequalities, gender differences, gender issues, gender inequality, Macroeconomic - Aspects Of Public Finance,

This survey examines the implications of gender differences in economic behavior for macroeconomic policy. It finds that reducing gender inequality and improving the status of women may contribute to higher rates o...

External Debt and Economic Reform

External Debt and Economic Reform »

Source: External Debt and Economic Reform : Does a Pain Reliever Delay the Necessary Treatment?

Volume/Issue: 2007/50

Series: IMF Working Papers

Author(s): Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866148

Keywords: economic reform, external borrowing, foreign aid, external financing, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, Open Economy Macroeconomics, Macroeconomic Analyses of Economic Development,

Recent literature argues that conflict in shifting adjustment costs between different socioeconomic groups delays necessary reforms and finds that such reforms often follow economic crises. This paper expands these...

International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies

International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies »

Source: International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies

Volume/Issue: 2006/79

Series: IMF Working Papers

Author(s): Kenneth Kletzer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863390

Keywords: Sovereignty, nominal public debt, debt renegotiation, bonds, repayments, public debt, bond, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

This paper considers the consequences of international financial market integration for national fiscal and monetary policies that derive from the absence of an international sovereign authority to define and enfor...

Fiscal Deficits and Inflation

Fiscal Deficits and Inflation »

Source: Fiscal Deficits and Inflation : A New Look at the Emerging Market Evidence

Volume/Issue: 2001/74

Series: IMF Working Papers

Author(s): Marco Terrones , and Luis Catão

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451849592

Keywords: inflation tax, monetary fund, inflation rates, inflation rate, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General,

Empirical studies have had little success in finding a statistically significant relationship between fiscal deficits and inflation in broad cross-country panels. This paper provides new econometric estimates for a...

Currency Demand, the Underground Economy, and, Tax Evasion-The Case of Guyana

Currency Demand, the Underground Economy, and, Tax Evasion-The Case of Guyana »

Source: Currency Demand, the Underground Economy, and, Tax Evasion-The Case of Guyana

Volume/Issue: 2003/7

Series: IMF Working Papers

Author(s): Ebrima Faal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2003

ISBN: 9781451842432

Keywords: tax evasion, statistics, tax rates, tax base, equation, Econometric Modeling, Macroeconomic - Aspects of Public Finance, Macroeconomic Policy,

The persistence in Guyana of a substantial underground economy is an important consequence of economic and social policy over 1964-2000. The paper attempts to estimate the magnitude of, and changes to the undergrou...

What's the Damage? Medium-term Output Dynamics After Banking Crises

What's the Damage? Medium-term Output Dynamics After Banking Crises »

Source: What's the Damage? Medium-term Output Dynamics After Banking Crises

Volume/Issue: 2009/245

Series: IMF Working Papers

Author(s): Abdul Abiad , Petya Koeva Brooks , Irina Tytell , Daniel Leigh , and Ravi Balakrishnan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2009

ISBN: 9781451873924

Keywords: macroeconomic policy, banking crises, banking, banking crisis, currency crises, Economic History: General, Macroeconomic - Aspects Of Public Finance, And General Outlook,

This paper investigates the medium-term behavior of output following banking crises, and its association with pre- and post-crisis conditions and policies. We find that output tends to be depressed substantially fo...

Macroeconomic Effects of Public Pension Reforms

Macroeconomic Effects of Public Pension Reforms »

Source: Macroeconomic Effects of Public Pension Reforms

Volume/Issue: 2010/297

Series: IMF Working Papers

Author(s): Joana Pereira , Philippe Karam , Dirk Muir , and Anita Tuladhar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455211784

Keywords: OLG models, pension, retirement, public pension, retirement age, pension reform, Social Security and Public Pensions, Open Economy Macroeconomics, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy,

The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region version of the...

Managing Public Debt and Its Financial Stability Implications

Managing Public Debt and Its Financial Stability Implications »

Source: Managing Public Debt and Its Financial Stability Implications

Volume/Issue: 2010/280

Series: IMF Working Papers

Author(s): Udaibir Das , Jay Surti , Faisal Ahmed , Michael Papaioannou , and Guilherme Pedras

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455210879

Keywords: Public Debt Structure, debt management, public debt, debt managers, bonds, Macroeconomic Aspects Of International Trade And Finance,

This paper explores the relationship between the level and management of public debt and financial stability, and explains the channels through which the two are interlinked. It suggests that the broader implicatio...

From Crisis to Recovery in Korea

From Crisis to Recovery in Korea »

Source: From Crisis to Recovery in Korea : Strategy, Achievements, and Lessons

Volume/Issue: 2001/154

Series: IMF Working Papers

Author(s): Kenneth Kang , Hong Liang , Henry Ma , Anthony Richards , Ajai Chopra , and Meral Karasulu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2001

ISBN: 9781451857238

Keywords: Korea, Asian financial crisis, financial sector, financial institutions, capital markets, financial system, bond, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook

This paper reviews and draws lessons from the stabilization and reform program that Korea implemented in response to the 1997-98 crisis. The economy recovered quickly from the deep recession in 1998 and its vulnera...