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4 Addressing the Procyclical Bias

4 Addressing the Procyclical Bias »

Source: Promoting Fiscal Discipline

Series: Books

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

ISBN: 9781589066090

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

Since political economy factors are an important determinant of procyclicality of policies, measures to contain the misuse of fiscal policy discretion can be benefic...

Bank Group Activity

Bank Group Activity »

Source: Finance & Development, September 1973

Volume/Issue: 10/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1973

ISBN: 9781616353131

Keywords: income distribution, per capita income, income groups, distribution of income

This paper focuses on the subject of development and income distribution, and suggests a method whereby economic development can be skewed in favor of the poor. The paper underscores that improvements in the distri...

Book Notices

Book Notices »

Source: Finance & Development, September 1973

Volume/Issue: 10/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1973

ISBN: 9781616353131

Keywords: income distribution, per capita income, income groups, distribution of income

This paper focuses on the subject of development and income distribution, and suggests a method whereby economic development can be skewed in favor of the poor. The paper underscores that improvements in the distri...

3 Cyclicality of Fiscal Policy

3 Cyclicality of Fiscal Policy »

Source: Promoting Fiscal Discipline

Series: Books

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

ISBN: 9781589066090

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

Although some debate on the feasibility and effectiveness of fiscal policy in stabilizing output fluctuations continues, there is little disagreement that, as a rule...

Development and Income Distribution: Economic growth has been accompanied by increasing inequality in many developing countries. But a strategy of “nibbling” at the problems of income distribution through financial and technical assistance seems promising.

Development and Income Distribution: Economic growth has been accompanied by increasing inequality in many developing countries. But a strategy of “nibbling” at the problems of income distribution through financial and technical assistance seems promising. »

Source: Finance & Development, September 1973

Volume/Issue: 10/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1973

ISBN: 9781616353131

Keywords: income distribution, per capita income, income groups, distribution of income

This paper focuses on the subject of development and income distribution, and suggests a method whereby economic development can be skewed in favor of the poor. The paper underscores that improvements in the distri...

2 Discretion, Institutions, and Fiscal Discipline

2 Discretion, Institutions, and Fiscal Discipline »

Source: Promoting Fiscal Discipline

Series: Books

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

ISBN: 9781589066090

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

Economic analysis has long recognized that policymakers, particularly in the fiscal domain, act quite rationally according to specific incentives, including reelecti...

Economic Aid Through Debt Relief: Long-term foreign assistance, or help toward resolving a short-term liquidity problem?—a look at this sensitive issue with a table summarizing multilateral debt renegotiations 1956-73.

Economic Aid Through Debt Relief: Long-term foreign assistance, or help toward resolving a short-term liquidity problem?—a look at this sensitive issue with a table summarizing multilateral debt renegotiations 1956-73. »

Source: Finance & Development, September 1973

Volume/Issue: 10/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1973

ISBN: 9781616353131

Keywords: income distribution, per capita income, income groups, distribution of income

This paper focuses on the subject of development and income distribution, and suggests a method whereby economic development can be skewed in favor of the poor. The paper underscores that improvements in the distri...

Finance & Development, September 1973

Finance & Development, September 1973 »

Volume/Issue: 10/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1973

DOI: http://dx.doi.org/10.5089/9781616353131.022

ISBN: 9781616353131

Keywords: income distribution, per capita income, income groups, distribution of income

This paper focuses on the subject of development and income distribution, and suggests a method whereby economic development can be skewed in favor of the poor. The paper underscores that improvements in the distri...

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India »

Source: The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

Volume/Issue: 2013/128

Series: IMF Working Papers

Author(s): Rahul Anand , David Coady , Adil Mohommad , Vimal Thakoor , and James Walsh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2013

ISBN: 9781484305164

Keywords: Fuel pricing, subsidy reform, distributional impact, compensating transfers, income groups, cash transfers, input-output, cash transfer, direct impact, Input-Output Models

Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is the adverse welfare impact on households, in particular poor households. This paper evaluates th...

1 Fiscal Discipline: Key Issues and Overview

1 Fiscal Discipline: Key Issues and Overview »

Source: Promoting Fiscal Discipline

Series: Books

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

ISBN: 9781589066090

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

Since the early 1970s, fiscal deficits and rising public debt have been ubiquitous features of government budgetary positions. Indeed, in aggregate, fiscal balances...