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GLOSSARY

GLOSSARY »

Source: Fiscal Monitor, April 2012 : Balancing Fiscal Policy Risks

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 April 2012

ISBN: 9781616352486

Keywords: fiscal policy, central bank, public debt, fiscal adjustment

Term Definition Automatic stabilizers Budgetary measu...

Government Spending Effects in Low-income Countries*

Government Spending Effects in Low-income Countries* »

Source: Government Spending Effects in Low-income Countries

Volume/Issue: 2015/286

Series: IMF Working Papers

Author(s): Wenyi Shen , Susan Yang , and Luis-Felipe Zanna

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 December 2015

ISBN: 9781513578972

Keywords: Fiscal Policy, Low-income Countries, Public Investment, Fiscal Multipliers, Small Open DSGE Models, Aid, investment, government spending, exchange rate, exchange

Despite the voluminous literature on fiscal policy, very few papers focus on low-income countries (LICs). This paper develops a new-Keynesian small open economy model to show, analytically and through simulations,...

How Resilient Are Military Expenditures?

How Resilient Are Military Expenditures? »

Source: IMF Staff papers : Volume 36 No. 1

Volume: 36

Series: IMF Staff Papers

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451956825

Keywords: current account, exchange rate, real exchange, real exchange rate, fiscal policy, IMF Staff Papers,

The determinants of current account imbalances under floating exchange rates are analyzed. The analysis provides a framework within which the sources of. and the remedies for, the current account imbalances between...

I Introduction

I Introduction »

Source: Fiscal Policy Rules

Series: Occasional Papers

Author(s): George Kopits , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 1998

ISBN: 9781557757043

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

Growing interest in fiscal policy rules is in part attributable to the deterioration in fiscal performance, the so-called deficit bias, experienced for more than two decades by a large part of the IMF member...

3 Identifying the Shocks: Japan’s Economic Performance in the 1990s

3 Identifying the Shocks: Japan’s Economic Performance in the 1990s »

Source: Post-Bubble Blues : How Japan Responded to Asset Price Collapse

Series: Books

Author(s): Tamim Bayoumi , and Charles Collyns

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2000

ISBN: 9781557758729

Keywords: debt, loans, interest, creditors, fiscal policy

The Japanese economy experienced its worst postwar recession in late 1997 and throughout 1998. Output contracted for five consecutive quarters before growth turned positive in the first quarter of 1999. The...

II Rationale and Institutions

II Rationale and Institutions »

Source: Fiscal Policy Rules

Series: Occasional Papers

Author(s): George Kopits , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 1998

ISBN: 9781557757043

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

Against the backdrop of fiscal developments in recent decades, this section reviews the major arguments that have been put forth to adopt fiscal policy rules. It then discusses the institutional aspects of e...

III Economic Effects

III Economic Effects »

Source: Fiscal Policy Rules

Series: Occasional Papers

Author(s): George Kopits , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 1998

ISBN: 9781557757043

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

Binding fiscal policy rules are likely to influence the level and composition of government expenditure and taxation. In addition, fiscal rules have major macroeconomic consequences for inflation, external i...

IMF Concludes Article IV Consultation with Japan

IMF Concludes Article IV Consultation with Japan »

Source: Japan : Staff Report for the 1999 Article IV Consultation

Volume/Issue: 1999/83

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 1999

ISBN: 9781451820454

Keywords: restructuring, loans, debt, interest, fiscal policy

This 1999 Article IV Consultation highlights that Japanese growth has been lackluster throughout most of the 1990s. Since the asset price bubble burst in 1991, the economy has grown at an average of 1 percent per y...

IMF Economic Review

IMF Economic Review »

Source: IMF Research Bulletin, December 2014

Volume/Issue: 15/4

Series: IMF Research Bulletin

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2014

ISBN: 9781498388450

Keywords: debt, inflation, gdp, fiscal policy, lowflation, fiscal aggregates, oil exporters, diversification, sustainable growth, nobel laureates

The December 2015 IMF Research Bulletin features a sampling of key research from the IMF. The Research Summaries in this issue look at 'The Impact of Deflation and Lowflation on Fiscal Aggregates (Nicolas End, Samp...

Considering the IMF's Perspective on a "Sound Fiscal Policy"

Considering the IMF's Perspective on a "Sound Fiscal Policy" »

Volume/Issue: 2002/8

Series: IMF Policy Discussion Papers

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2002

DOI: http://dx.doi.org/10.5089/9781451971019.003

ISBN: 9781451971019

Keywords: Fiscal policy, IMF, International Monetary Fund, fiscal sustainability, fiscal position, fiscal policies, public debt, Fiscal Policies And Behavior Of Economic Agents, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy

This paper provides a perspective on how the IMF assesses a “sound fiscal policy,” focusing principally on industrial and emerging market economies. It observes six central criteria: the short-term fi...