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Absorption Boom and Fiscal Stance

Absorption Boom and Fiscal Stance »

Source: Absorption Boom and Fiscal Stance : What Lies Ahead in Eastern Europe?

Volume/Issue: 2010/97

Series: IMF Working Papers

Author(s): Jesmin Rahman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

ISBN: 9781451982749

Keywords: Pro-cyclicality, cyclically-adjusted fiscal balance, expenditure, capital expenditure, social expenditure, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General,

This paper estimates revenue and expenditure pro-cyclicality with respect to output and domestic absorption in new member states of the European Union and Croatia to assess whether these countries used the boom yea...

Afghanistan

Afghanistan »

Source: Afghanistan : Balancing Social and Security Spending in the Context of Shrinking Resource Envelope

Volume/Issue: 2013/133

Series: IMF Working Papers

Author(s): Aqib Aslam , Enrico Berkes , Martin Fukac , Jeta Menkulasi , and Axel Schimmelpfennig

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2013

ISBN: 9781484320587

Keywords: development spending, security spending, tax revenues, public finance, government expenditures, government spending, public spending,

For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the se...

Aging

Aging »

Source: Aging : Some Pleasant Fiscal Arithmetic

Volume/Issue: 2005/71

Series: IMF Working Papers

Author(s): David Hauner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2005

ISBN: 9781451860900

Keywords: OECD countries, public expenditure, expenditure, expenditure growth, total expenditure, National Government Expenditures and Related Policies,

Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This paper examines how total expenditure would develop under four policy rules on public expenditur...

Aid Scaling Up

Aid Scaling Up »

Source: Aid Scaling Up : Do Wage Bill Ceilings Stand in the Way?

Volume/Issue: 2006/106

Series: IMF Working Papers

Author(s): Annalisa Fedelino , Gerd Schwartz , and Marijn Verhoeven

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2006

ISBN: 9781451863666

Keywords: IMF conditionality, aid scaling up, MDGs, wage, salaries, civil service, government wages, National Government Expenditures and Welfare Programs, Wages, Compensation

This paper assesses whether the scaling up of aid and the resulting increase in government spending that is needed to meet the Millennium Development Goals (MDGs) would be hampered by wage bill ceilings that are of...

An Approach to Long-Term Fiscal Policy Analysis

An Approach to Long-Term Fiscal Policy Analysis »

Source: An Approach to Long-Term Fiscal Policy Analysis

Volume/Issue: 2004/113

Series: IMF Working Papers

Author(s): Papa N'Diaye , and Steven Dunaway

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

ISBN: 9781451853735

Keywords: Population Aging, fiscal adjustment, fiscal pressures, expenditures, fiscal costs, National Government Expenditures and Health,

This paper proposes an approach to setting fiscal policy that factors in the longer-term budgetary pressures that countries face owing, in particular, to population aging and rising health care costs. The approach...

Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue

Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue »

Source: Are Diamonds Forever? Using the Permanent Income Hypothesis to Analyze Botswana's Reliance on Diamond Revenue

Volume/Issue: 2008/80

Series: IMF Working Papers

Author(s): Olivier Basdevant

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

ISBN: 9781451869415

Keywords: permanent income hypothesis, diamond-related fiscal revenue, expenditure, fiscal revenue, government expenditure, fiscal rule, fiscal adjustment,

This study assesses the sustainability of Botswana’s diamond-related fiscal revenue. Diamond reserves are not adequate to generate enough permanent revenue to sustain a high level of expenditure. Under the c...

Are Laws Needed for Public Management Reforms? An International Comparison

Are Laws Needed for Public Management Reforms? An International Comparison »

Source: Are Laws Needed for Public Management Reforms? An International Comparison

Volume/Issue: 2005/62

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860818

Keywords: public management, budget, law, decree, performance, civil servants, financial management, external audit, decentralization, budget systems

There has been widespread adoption of new laws to support new public management. In many countries that have implemented comprehensive and deep reforms, new or amended laws have fundamentally changed the role of th...

Argentina

Argentina »

Source: Argentina : Macroeconomic Crisis and Household Vulnerability

Volume/Issue: 2003/89

Series: IMF Working Papers

Author(s): Gabriela Inchauste , Ana Corbacho , and Mercedes Garcia-Escribano

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451851304

Keywords: macroeconomic crisis, household welfare, unemployment, employment, unemployed, unemployment insurance, unemployment rates, National Government Expenditures and Welfare Programs, General Welfare,

Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigatin...

Assessing Fiscal Sustainability

Assessing Fiscal Sustainability »

Source: Assessing Fiscal Sustainability : A Cross-Country Comparison

Volume/Issue: 2003/145

Series: IMF Working Papers

Author(s): Enzo Croce , and V. Juan-Ramon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2003

ISBN: 9781451856569

Keywords: convergence, fiscal rule, public debt, debt ratio, fiscal stance, National Government Expenditures and Related Policies, National Budget, Deficit, and Debt,

To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law of motion of the debt-to-GDP ratio, subject to a government reaction function that links convergence to the targeted...

Benchmarking Social Spending Using Efficiency Frontiers1

Benchmarking Social Spending Using Efficiency Frontiers1 »

Source: Benchmarking Social Spending Using Efficiency Frontiers

Volume/Issue: 2017/197

Series: IMF Working Papers

Author(s): Javier Kapsoli , and Iulia Ruxandra Teodoru

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 September 2017

ISBN: 9781484315309

Keywords: Developing countries, Education, El Salvador, Guatemala, Honduras, Low-income developing countries, Education spending, Government expenditures and education, Government expenditures and health, Government spending

Developing and low-income economies face the challenge of increasing public spending to address sizeable infrastructure and social gaps while simultaneously restoring the fiscal discipline weakened to countervail t...