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Guidelines for Fiscal Adjustment

Guidelines for Fiscal Adjustment »

Series: Pamphlet Series

Author(s): Jeffrey Davis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 1995

DOI: http://dx.doi.org/10.5089/9781557755353.054

ISBN: 9781557755353

Keywords: fiscal policy, expenditure, fiscal adjustment, fiscal deficit, fiscal balance

This pamphlet considers some of the issues and concerns that underlie the IMF's approach to fiscal adjustment-namely, the ways governments can use their fiscal stabilization and structural policies to achieve macro...

Fiscal Policy Rules

Fiscal Policy Rules »

Series: Occasional Papers

Author(s): George Kopits , and Steven Symansky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 1998

DOI: http://dx.doi.org/10.5089/9781557757043.017

ISBN: 9781557757043

Keywords: fiscal policy, fiscal rules, public debt, fiscal policy rules, fiscal rule

What are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute...

The Design of Fiscal Reform Packages

The Design of Fiscal Reform Packages »

Source: The Design of Fiscal Reform Packages : Insights from a Theoretical Endogenous Growth Model

Volume/Issue: 2016/146

Series: IMF Working Papers

Author(s): Andrew Hodge

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 July 2016

ISBN: 9781498382199

Keywords: Fiscal policy; Endogenous growth

This paper studies the impact on growth, welfare, and government debt of fiscal reform packages in a theoretical model drawing together three key features of the endogenous growth literature: (i) investment in tech...

Promoting Fiscal Discipline

Promoting Fiscal Discipline »

Series: Books

Author(s): Manmohan Kumar , and Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 October 2007

DOI: http://dx.doi.org/10.5089/9781589066090.071

ISBN: 9781589066090

Keywords: fiscal policy, expenditure, fiscal performance, fiscal rules, fiscal discipline

Fiscal discipline is essential to improve and sustain economic performance, maintain macroeconomic stability, and reduce vulnerabilities. Discipline is especially important if countries, industrial as well as devel...

How to Measure the Fiscal Deficit

How to Measure the Fiscal Deficit »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

DOI: http://dx.doi.org/10.5089/9781557751928.071

ISBN: 9781557751928

Keywords: inflation, central bank, payments, credit, fiscal policy

Fiscal policy seeks to equilibrate the public sector's financing needs with the private sector's demand for investment and a sustainable balance of payments. Correct measurement of the public sector's net use of re...

Post-Bubble Blues
			: How Japan Responded to Asset Price Collapse

Post-Bubble Blues : How Japan Responded to Asset Price Collapse »

Series: Books

Author(s): Tamim Bayoumi , and Charles Collyns

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 March 2000

DOI: http://dx.doi.org/10.5089/9781557758729.071

ISBN: 9781557758729

Keywords: debt, loans, interest, creditors, fiscal policy

What caused Asia's largest economy, once the envy of the world, to lag behind many of the other industrial countries? And why did it take so long for Japan to recover from the bursting of its asset price bubble of...

Experience with Large Fiscal Adjustments

Experience with Large Fiscal Adjustments »

Series: Occasional Papers

Author(s): Mark Horton , George Tsibouris , Wojciech Maliszewski , and Mark Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 2006

DOI: http://dx.doi.org/10.5089/9781589064584.084

ISBN: 9781589064584

Keywords: Fiscal management, expenditure, fiscal adjustment, expenditures, fiscal adjustments, fiscal policy

When policymakers have little option but to consider a sizable fiscal adjustment, they are confronted by the following questions: Can a large fiscal adjustment be implemented succesfully? How is a large adjustment...

Government Budgeting and Expenditure Controls
			: Theory and Practice

Government Budgeting and Expenditure Controls : Theory and Practice »

Series: Books

Author(s): A. Premchand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1989

DOI: http://dx.doi.org/10.5089/9780939934256.071

ISBN: 9780939934256

Keywords: expenditure, expenditures, inflation, public expenditure, fiscal policy

This book, written by A. Premchand, offers a comprehensive review of fiscal policies and their implications for budgeting and expenditure controls. It provides an in-depth discussion of techniques, procedures, and...

International Coordination of Fiscal Policies

International Coordination of Fiscal Policies »

Source: International Coordination of Fiscal Policies : A Review of Some Major Issues

Volume/Issue: 1988/70

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 1988

ISBN: 9781451960235

Keywords: fiscal policy, fiscal expansion, fiscal coordination, fiscal deficit, fiscal policies

International coordination of macroeconomic policies has attracted much attention in recent years. The main issue has been whether economic performance can be improved by coordination Although it is still a controv...

Latin America
			: New Challenges to Growth and Stability

Latin America : New Challenges to Growth and Stability »

Series: Books

Author(s): Dora Iakova , Luis Cubeddu , Gustavo Adler , and Sebastian Sosa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2014

DOI: http://dx.doi.org/10.5089/9781498328166.071

ISBN: 9781498328166

Keywords: debt, commodity, fiscal policy, interest, growth

Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis,...