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A Status Update on Fiscal Exit Strategies

A Status Update on Fiscal Exit Strategies »

Source: A Status Update on Fiscal Exit Strategies

Volume/Issue: 2010/272

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455210794

Keywords: pension, retirement, health care, retirement age, Structure and Scope of Government: Other, Taxation, Subsidies, and Revenue: General, National Government Expenditures and Related Policies: General, National Deficit Surplus

With a modest recovery in the global economy underway, and amid rising concerns about the sharp increase in government debt in several countries, debate has increasingly focused on the need to identify and implemen...

From Expenditure Consolidation to Expenditure Efficiency

From Expenditure Consolidation to Expenditure Efficiency »

Source: From Expenditure Consolidation to Expenditure Efficiency : Addressing Public Expenditure Pressures in Lithuania

Volume/Issue: 2015/278

Series: IMF Working Papers

Author(s): David Coady , and Nan Geng

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 December 2015

ISBN: 9781513590554

Keywords: public expenditure review, spending efficiency, equity, benchmarking, European countries, health, health care, hospitals, public health, workers

This paper reviews public expenditure in Lithuania to identify areas where deeper structural reforms may be warranted to improve spending efficiency and contain future spending pressures. The analysis benchmarks sp...

Strengthening Russia's Fiscal Framework

Strengthening Russia's Fiscal Framework »

Source: Strengthening Russia's Fiscal Framework

Volume/Issue: 2012/76

Series: IMF Working Papers

Author(s): Daria Zakharova , and Charleen Gust

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502282

Keywords: oil-producing countries, resource revenue management, accountability, fiscal framework, fiscal stance, fiscal agency, expenditures, Structure, Scope, and Performance of Government

Though many aspects of Russia's fiscal policy framework are close to best practice on paper, actual practice in recent years has been moving away from best practice. In particular, the continued focus on the overal...

Riding the Roller Coaster

Riding the Roller Coaster »

Source: Riding the Roller Coaster : Fiscal Policies of Nonrenewable Resource Exporters in Latin America and the Caribbean

Volume/Issue: 2010/251

Series: IMF Working Papers

Author(s): Pablo Lopez Murphy , Mauricio Villafuerte , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209514

Keywords: expenditure, fiscal policies, fiscal sustainability, Structure, Scope, and Performance of Government, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General

This paper analyzes recent fiscal policies of nonrenewable resource exporting countries in Latin America and the Caribbean in the context of sharp swings in resource prices. Fiscal policies were predominantly procy...

Taxation and Development: Again

Taxation and Development: Again »

Source: Taxation and Development : Again

Volume/Issue: 2012/220

Series: IMF Working Papers

Author(s): Michael Keen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2012

ISBN: 9781475510294

Keywords: Taxation and development, state building, large taxpayer office, informality, taxation, tax design, tax system, tax reform, tax policy, Structure and Scope of Government: General

Issues of taxation and development, which have long been a central concern of the IMF, have attracted wider and renewed interest in the last few years. This paper reflects on three broad lessons of experience: that...

Providing official Statistics for the Common Market and Monetary Union in the Gulf Cooperation Council (GCC) Countries

Providing official Statistics for the Common Market and Monetary Union in the Gulf Cooperation Council (GCC) Countries »

Source: Providing official Statistics for the Common Market and Monetary Union in the Gulf Cooperation Council (GCC) Countries : A Case for "Gulfstat"

Volume/Issue: 2006/38

Series: IMF Working Papers

Author(s): Abdulrahman Al-Mansouri , and Claudia Dziobek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

ISBN: 9781451862980

Keywords: Data Quality, Gulf Cooperation Council, eurostat, surveys, statistical system, statistician, Structure, Scope, and Performance of Government, General Regional Economics (includes Regional Data)

The six member states of the Gulf Cooperation Council (GCC)-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE)-have laid out a path to a common market by 2007 and monetary union by 2010, bas...

The Economic Crisis

The Economic Crisis »

Source: The Economic Crisis : Did Financial Supervision Matter?

Volume/Issue: 2011/261

Series: IMF Working Papers

Author(s): Marc Quintyn , Rosaria Vega Pansini , and Donato Masciandaro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463924560

Keywords: financial supervision, global crisis, supervisory architecture, supervisory governance, banking, bank involvement, financial sector, financial structure, deposit money, Financial Markets and the Macroeconomy

The Asian financial crisis marked the beginning of worldwide efforts to improve the effectiveness of financial supervision. However, the crisis that started in 2007?08 was a crude awakening: several of these improv...

Who Controls the Budget

Who Controls the Budget »

Source: Who Controls the Budget : The Legislature or the Executive?

Volume/Issue: 2005/115

Series: IMF Working Papers

Author(s): Ian Lienert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861341

Keywords: Legislature, executive, presidential, parliament, budget, power, annual budget, budget law, fiscal rules, budget systems

Country-specific factors prevent a strong linear relationship between the legislature's budgetary powers and the extent of its separation from the executive. Electoral and voting systems, bicameralism, constitution...

Democracy and Foreign Education

Democracy and Foreign Education »

Source: Democracy and Foreign Education

Volume/Issue: 2007/51

Series: IMF Working Papers

Author(s): Antonio Spilimbergo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866155

Keywords: democracy, institutions, international students, host country, foreign investors, host countries, foreign national, Models of Political Processes: Rent-seeking, Elections, Legislatures

Do foreign-educated individuals play a role in promoting democracy in their home countries? Despite the large amount of private and public resources spent on foreign education, there is no systematic evidence that...

The Lender of Last Resort in the European Single Financial Market

The Lender of Last Resort in the European Single Financial Market »

Source: The Lender of Last Resort in the European Single Financial Market

Volume/Issue: 2006/127

Series: IMF Working Papers

Author(s): Pedro Gustavo Teixeira , and Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863871

Keywords: European single financial market, policy coordination, banking, financial stability, financial market, financial markets, financial services, International Monetary Arrangements and Institutions, Financial Aspects of Economic Integration, International Policy Coordination and Transmission

This paper examines challenges in effectively implementing the lender-of-last-resort function in the EU single financial market. Briefly highlighted are features of the EU financial landscape that could increase EU...