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The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland

The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland »

Source: The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland

Volume/Issue: 2011/266

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , Olivier Basdevant , Susan Yang , Genevieve Verdier , Joannes Mongardini , Borislava Mircheva , and Dalmacio Benicio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463924652

Keywords: fiscal multipliers, SACU transfers, fiscal consolidation, consumption tax, government spending, fiscal consolidations, consumption tax rate, Computational Techniques, National Budget, Deficit

Botswana, Lesotho, Namibia, and Swaziland face the serious challenge of adjusting not only to lower Southern Africa Customs Union (SACU) transfers because of the global economic crisis, but also to a potential furt...

Fiscal Policies and Rules in the Face of Revenue Volatility within Southern Africa Customs Union Countries (SACU)

Fiscal Policies and Rules in the Face of Revenue Volatility within Southern Africa Customs Union Countries (SACU) »

Source: Fiscal Policies and Rules in the Face of Revenue Volatility within Southern Africa Customs Union Countries (SACU)

Volume/Issue: 2012/93

Series: IMF Working Papers

Author(s): Olivier Basdevant

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

ISBN: 9781475502831

Keywords: Fiscal rule, SACU, expenditure, fiscal rules, National Budget, Deficit, and Debt: General,

Following the onset of the global economic crisis in 2008, SACU member countries have witnessed a significant growth slowdown, and a deterioration of their fiscal balances. This paper (i) assesses options for the d...

How Does Trade Openness Influence Budget Deficits in Developing Countries?

How Does Trade Openness Influence Budget Deficits in Developing Countries? »

Source: How Does Trade Openness Influence Budget Deficits in Developing Countries?

Volume/Issue: 2006/3

Series: IMF Working Papers

Author(s): Jean-Louis Combes , and Tahsin Saadi-Sedik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862638

Keywords: Trade openness, Natural openness, Budget balances, Terms of trade instability, GMM-system, government revenue, National Deficit Surplus, International Economic Order, Term-of-trade Instability,

This paper analyzes the effects of trade openness on budget balances by distinguishing the effects of natural openness from those of trade-policy induced openness. Using the GMMsystem estimator, the econometric ana...

A Public Financial Management Framework for Resources-Producing Countries

A Public Financial Management Framework for Resources-Producing Countries »

Volume/Issue: 2010/72

Series: IMF Working Papers

Author(s): Jean-Luc Hélis , and Teresa Daban Sanchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

DOI: http://dx.doi.org/10.5089/9781451982152.001

ISBN: 9781451982152

Keywords: Resource revenue management, resource curse, accountability, resource-producing countries, budget law, budget process, budget documents, annual budget, fiscal policy, Macroeconomic Policy

This working paper overviews the challenges posed by resource revenues management and the policy prescriptions to meet them, and focuses on the Public Financial Management (PFM) framework and reforms that resource-...

Fiscal Policies and Rules in the Face of Revenue Volatility within Southern Africa Customs Union Countries (SACU)

Fiscal Policies and Rules in the Face of Revenue Volatility within Southern Africa Customs Union Countries (SACU) »

Volume/Issue: 2012/93

Series: IMF Working Papers

Author(s): Olivier Basdevant

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

DOI: http://dx.doi.org/10.5089/9781475502831.001

ISBN: 9781475502831

Keywords: Fiscal rule, SACU, expenditure, fiscal rules, National Budget, Deficit, and Debt: General,

Following the onset of the global economic crisis in 2008, SACU member countries have witnessed a significant growth slowdown, and a deterioration of their fiscal balances. This paper (i) assesses options for the d...

How Does Trade Openness Influence Budget Deficits in Developing Countries?

How Does Trade Openness Influence Budget Deficits in Developing Countries? »

Volume/Issue: 2006/3

Series: IMF Working Papers

Author(s): Jean-Louis Combes , and Tahsin Saadi-Sedik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

DOI: http://dx.doi.org/10.5089/9781451862638.001

ISBN: 9781451862638

Keywords: Trade openness, Natural openness, Budget balances, Terms of trade instability, GMM-system, government revenue, National Deficit Surplus, International Economic Order, Term-of-trade Instability,

This paper analyzes the effects of trade openness on budget balances by distinguishing the effects of natural openness from those of trade-policy induced openness. Using the GMMsystem estimator, the econometric ana...

The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland

The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland »

Volume/Issue: 2011/266

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , Olivier Basdevant , Susan Yang , Genevieve Verdier , Joannes Mongardini , Borislava Mircheva , and Dalmacio Benicio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

DOI: http://dx.doi.org/10.5089/9781463924652.001

ISBN: 9781463924652

Keywords: fiscal multipliers, SACU transfers, fiscal consolidation, consumption tax, government spending, fiscal consolidations, consumption tax rate, Computational Techniques, National Budget, Deficit

Botswana, Lesotho, Namibia, and Swaziland face the serious challenge of adjusting not only to lower Southern Africa Customs Union (SACU) transfers because of the global economic crisis, but also to a potential furt...

A Public Financial Management Framework for Resources-Producing Countries

A Public Financial Management Framework for Resources-Producing Countries »

Source: A Public Financial Management Framework for Resources-Producing Countries

Volume/Issue: 2010/72

Series: IMF Working Papers

Author(s): Jean-Luc Hélis , and Teresa Daban Sanchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

ISBN: 9781451982152

Keywords: Resource revenue management, resource curse, accountability, resource-producing countries, budget law, budget process, budget documents, annual budget, fiscal policy, Macroeconomic Policy

This working paper overviews the challenges posed by resource revenues management and the policy prescriptions to meet them, and focuses on the Public Financial Management (PFM) framework and reforms that resource-...