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Do Government Wage Cuts Close Budget Deficits? a Conceptual Framework for Developing Countries and Transition Economies

Do Government Wage Cuts Close Budget Deficits? a Conceptual Framework for Developing Countries and Transition Economies »

Source: Do Government Wage Cuts Close Budget Deficits? a Conceptual Framework for Developing Countries and Transition Economies

Volume/Issue: 1996/19

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1996

ISBN: 9781451922554

Keywords: wages, wage, tax evasion, tax collectors, tax collector

Real wage declines have been common in the public sector in many countries over substantial periods of time. In several cases, such wage reductions have coincided with a decline in the efficiency of the public sect...

Fiscal and Macroeconomic Impact of Privatization

Fiscal and Macroeconomic Impact of Privatization »

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

DOI: http://dx.doi.org/10.5089/9781557758880.084

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of...

Back Matter

Back Matter »

Source: Fiscal and Macroeconomic Impact of Privatization

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of...

Front Matter

Front Matter »

Source: Fiscal and Macroeconomic Impact of Privatization

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of...

I Overview

I Overview »

Source: Fiscal and Macroeconomic Impact of Privatization

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

Privatization has been a key element of structural reform in many developing and transition economies during the last decade. Governments undertaking privatization have pursued a variety of objectives: achie...

II Privatization Proceeds

II Privatization Proceeds »

Source: Fiscal and Macroeconomic Impact of Privatization

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

This section presents data on the scale of gross privatization proceeds and the amounts accruing to the budget for the case study countries. It then considers the factors affecting budgetary proceeds and the...

III Use of Privatization Proceeds

III Use of Privatization Proceeds »

Source: Fiscal and Macroeconomic Impact of Privatization

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

The appropriate size of the fiscal deficit is largely determined by the overall macroeconomic objectives and fiscal sustainability. Viewed as a source of financing, akin to a bond sale, the amount of privati...

Do Government Wage Cuts Close Budget Deficits? a Conceptual Framework for Developing Countries and Transition Economies

Do Government Wage Cuts Close Budget Deficits? a Conceptual Framework for Developing Countries and Transition Economies »

Volume/Issue: 1996/19

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1996

DOI: http://dx.doi.org/10.5089/9781451922554.001

ISBN: 9781451922554

Keywords: wages, wage, tax evasion, tax collectors, tax collector

Real wage declines have been common in the public sector in many countries over substantial periods of time. In several cases, such wage reductions have coincided with a decline in the efficiency of the public sect...

What Transparency Can Do When Incentives Fail
			: An Analysis of Rent Capture

What Transparency Can Do When Incentives Fail : An Analysis of Rent Capture »

Volume/Issue: 2006/146

Series: IMF Working Papers

Author(s): Elisabeth Paul , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

DOI: http://dx.doi.org/10.5089/9781451864069.001

ISBN: 9781451864069

Keywords: incentives, wages, budget constraint, wage, fiscal transparency, fiscal management,

This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and e...

IV Fiscal Impact of Privatization

IV Fiscal Impact of Privatization »

Source: Fiscal and Macroeconomic Impact of Privatization

Series: Occasional Papers

Author(s): Jeffrey Davis , Thomas Richardson , Rolando Ossowski , and Steven Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 June 2000

ISBN: 9781557758880

Keywords: privatization, privatization proceeds, privatization receipts, public enterprises, privatization process

The fiscal impact of privatization will reflect the amount and use of the proceeds and the subsequent changes in financial flows—taxes, transfers, and dividends—to and from the budget. 18...