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Romania: Selected Issues and Statistical Appendix

Romania: Selected Issues and Statistical Appendix »

Source: Romania : Selected Issues and Statistical Appendix

Volume/Issue: 2004/220

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 2004

ISBN: 9781451832792

Keywords: budget, state budget, public sector, budget constraints, hard budget constraints

This Selected Issues paper for Romania reports that the practice of nonpayment and arrears accumulation has been widespread in Romania. Managers of enterprises that remain in the pipeline for privatization for long...

Romania: Selected Issues and Statistical Appendix

Romania: Selected Issues and Statistical Appendix »

Source: Romania : Selected Issues and Statistical Appendix

Volume/Issue: 2004/220

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 2004

ISBN: 9781451832792

Keywords: budget, state budget, public sector, budget constraints, hard budget constraints

This Selected Issues paper for Romania reports that the practice of nonpayment and arrears accumulation has been widespread in Romania. Managers of enterprises that remain in the pipeline for privatization for long...

Romania: Selected Issues and Statistical Appendix

Romania: Selected Issues and Statistical Appendix »

Source: Romania : Selected Issues and Statistical Appendix

Volume/Issue: 2004/220

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 2004

ISBN: 9781451832792

Keywords: budget, state budget, public sector, budget constraints, hard budget constraints

This Selected Issues paper for Romania reports that the practice of nonpayment and arrears accumulation has been widespread in Romania. Managers of enterprises that remain in the pipeline for privatization for long...

Optimal Intertemporal Taxationon Consumption and the Term Structure of Government Debt

Optimal Intertemporal Taxationon Consumption and the Term Structure of Government Debt »

Source: Optimal Intertemporal Taxationon Consumption and the Term Structure of Government Debt

Volume/Issue: 1988/115

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 December 1988

ISBN: 9781451942729

Keywords: equation, taxation, equations, tax rates, budget constraint

This paper addresses the time-consistency problem of optimal policy when intertemporal prices are inflexible. For small, open economies facing given world interest rates, it shows that a consumption tax, rather tha...

Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

Local Governments’ Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries »

Source: Local Governments' Fiscal Balance, Privatization, and Banking Sector Reform in Transition Countries

Volume/Issue: 2012/146

Series: IMF Working Papers

Author(s): Ernesto Crivelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475504118

Keywords: Soft budget constraints, Transition, fiscal autonomy, budget constraints, fiscal discipline, State and Local Borrowing,

Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may...

Externalities. Incentives, and Economic Reforms1/

Externalities. Incentives, and Economic Reforms1/ »

Source: Externalities. Incentives, and Economic Reforms

Volume/Issue: 1990/10

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1990

ISBN: 9781451926477

Keywords: external resources, tax revenue, budget constraints, public budget, tax system

The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple public decision makers is likely to experience 'overspending,' 'undertaxing,' 'overborrowing,'...

Intergovernmental Relations and Fiscal Discipline

Intergovernmental Relations and Fiscal Discipline »

Source: Intergovernmental Relations and Fiscal Discipline : Between Commons and Soft Budget Constraints

Volume/Issue: 2001/65

Series: IMF Working Papers

Author(s): Guiseppe Pisauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451848687

Keywords: fiscal federalism, soft budget constraint, bailout, budget constraint, fiscal discipline, budget process, fiscal relations, State And Local Government,

Fiscal decentralization is likely to entail a bias in the budget process toward higher public expenses and deficits. The paper reviews lessons drawn from the theoretical literature and international experience on t...

Botswana

Botswana »

Source: Botswana : Selected Issues and Statistical Appendix

Volume/Issue: 2007/228

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 July 2007

ISBN: 9781451806465

Keywords: government expenditure, international monetary fund, fiscal policy, budget constraint

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to generate enough permanent revenue to support the current level of expenditure. Despite strong over...

Botswana: Selected Issues and Statistical Appendix

Botswana: Selected Issues and Statistical Appendix »

Source: Botswana : Selected Issues and Statistical Appendix

Volume/Issue: 2007/228

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 July 2007

ISBN: 9781451806465

Keywords: government expenditure, international monetary fund, fiscal policy, budget constraint

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to generate enough permanent revenue to support the current level of expenditure. Despite strong over...

Botswana: Selected Issues and Statistical Appendix

Botswana: Selected Issues and Statistical Appendix »

Source: Botswana : Selected Issues and Statistical Appendix

Volume/Issue: 2007/228

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 July 2007

ISBN: 9781451806465

Keywords: government expenditure, international monetary fund, fiscal policy, budget constraint

This Selected Issues paper and Statistical Appendix on Botswana underlies that diamond reserves are not adequate to generate enough permanent revenue to support the current level of expenditure. Despite strong over...