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Are All Summary Indicators of the Stance of Fiscal Policy Misleading

Are All Summary Indicators of the Stance of Fiscal Policy Misleading »

Source: IMF Staff papers : Volume 36 No. 4

Volume: 36

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451930757

Keywords: fiscal policy, public sector, international monetary fund, net worth, social security

Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, th...

The Changing Role of the State in the Economy

The Changing Role of the State in the Economy »

Source: The Changing Role of the State in the Economy : A Historical Perspective

Volume/Issue: 1997/114

Series: IMF Working Papers

Author(s): Vito Tanzi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

ISBN: 9781451943450

Keywords: public sector, industrial countries, public spending, public finance, public interest

This paper discusses the role of the state from a historical perspective. It outlines how that role has changed over the past hundred years and discusses the forces that have promoted the changes. In the period bet...

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries

Devaluation Crises and the Macroeconomic Consequences of Postponed Adjustment in Developing Countries »

Source: IMF Staff papers : Volume 36 No. 4

Volume: 36

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451930757

Keywords: fiscal policy, public sector, international monetary fund, net worth, social security

Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, th...

Dynamic Incentives and the Optimal Delegation of Political Power

Dynamic Incentives and the Optimal Delegation of Political Power »

Source: Dynamic Incentives and the Optimal Delegation of Political Power

Volume/Issue: 2007/91

Series: IMF Working Papers

Author(s): Eric Le Borgne , and Gauti Eggertsson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866551

Keywords: Delegation, Elections, Career Concerns, Learning-by-doing, Insulation, public opinion, inflation, central bank, monetary policy, political economy

This paper proposes a theory to explain why a politician delegates policy tasks to a technocrat in an independent institution. It formalizes the rationales for delegation highlighted by Hamilton (1788) and by Blind...

Evolution of Exchange Rate Regimes

Evolution of Exchange Rate Regimes »

Source: IMF Staff papers : Volume 36 No. 4

Volume: 36

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451930757

Keywords: fiscal policy, public sector, international monetary fund, net worth, social security

Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, th...

The External Debt Problem of Sub-Sharan Africa

The External Debt Problem of Sub-Sharan Africa »

Source: IMF Staff papers : Volume 36 No. 4

Volume: 36

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451930757

Keywords: fiscal policy, public sector, international monetary fund, net worth, social security

Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, th...

Federated States of Micronesia

Federated States of Micronesia »

Source: Federated States of Micronesia : Selected Issues and Statistical Appendix

Volume/Issue: 2005/103

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2005

ISBN: 9781451813784

Keywords: private sector, public sector, deficit, commercial banks, national government

This Selected Issues paper on the Federated States of Micronesia (FSM) underlies economic development. Since independence, the FSM has been heavily dependent on assistance from the United States. With government ex...

Foreign Borrowing and Export Promotion Policies

Foreign Borrowing and Export Promotion Policies »

Source: IMF Staff papers : Volume 36 No. 4

Volume: 36

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

ISBN: 9781451930757

Keywords: fiscal policy, public sector, international monetary fund, net worth, social security

Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, th...

Federated States of Micronesia
			: Selected Issues and Statistical Appendix

Federated States of Micronesia : Selected Issues and Statistical Appendix »

Volume/Issue: 2005/103

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2005

DOI: http://dx.doi.org/10.5089/9781451813784.002

ISBN: 9781451813784

Keywords: private sector, public sector, deficit, commercial banks, national government

This Selected Issues paper on the Federated States of Micronesia (FSM) underlies economic development. Since independence, the FSM has been heavily dependent on assistance from the United States. With government ex...

IMF Staff papers
			: Volume 36 No. 4

IMF Staff papers : Volume 36 No. 4 »

Volume: 36

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1989

DOI: http://dx.doi.org/10.5089/9781451930757.024

ISBN: 9781451930757

Keywords: fiscal policy, public sector, international monetary fund, net worth, social security

Two recent criticisms of summary fiscal indicators are appraised: first, that they and the conventionally measured public sector balances from which they are derived are not sufficiently broadly defined; second, th...