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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...

A Review of the Fiscal Impulse Measure

A Review of the Fiscal Impulse Measure »

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

DOI: http://dx.doi.org/10.5089/9780939934607.084

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This study was prepared jointly by the Fiscal Affairs and Research Departments of the International Monetary Fund. Since the study was made in preparation for the World Economic Outlook exercise of April 1984, all...

Fiscal Federalism in Theory and Practice

Fiscal Federalism in Theory and Practice »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

DOI: http://dx.doi.org/10.5089/9781557756633.071

ISBN: 9781557756633

Keywords: tax administration, taxation, intergovernmental fiscal relations, tax revenue, local governments

Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that t...

Fiscal Implications of the Global Economic and Financial Crisis

Fiscal Implications of the Global Economic and Financial Crisis »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2009

DOI: http://dx.doi.org/10.5089/9781589068506.084

ISBN: 9781589068506

Keywords: Budgets, Developed countries, Emerging markets, Financial institutions, Public finance, Pension funds, Global Financial Crisis 2008-2009, Fiscal stability, financial sector, deposit insurance

The economic and financial crisis is affecting the fiscal accounts of virtually every country. Public sector support for the financial system, fiscal stimulus and the automatic stabilizers, as well as the revenue d...

Russian Federation

Russian Federation »

Source: Russian Federation : Fiscal Transparency Evaluation

Volume/Issue: 2014/134

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 May 2014

ISBN: 9781498348058

Keywords: fiscal reports, fiscal statistics, fiscal reporting

This paper discusses key findings of the pilot Fiscal Transparency Evaluation for the Russian Federation. Most aspects of Russia's fiscal reporting and budgeting practices are in line with good or advanced practice...

Canada

Canada »

Source: Canada : 2012 Article IV Consultation

Volume/Issue: 2013/40

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2013

ISBN: 9781616356613

Keywords: fiscal indicators, public debt

After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic e...

Canada: Staff Report for the 2012 Article IV Consultation—Informational Annex

Canada: Staff Report for the 2012 Article IV Consultation—Informational Annex »

Source: Canada : 2012 Article IV Consultation

Volume/Issue: 2013/40

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2013

ISBN: 9781616356613

Keywords: fiscal indicators, public debt

After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic e...

IMF Executive Board Concludes 2012 Article IV Consultation with Canada

IMF Executive Board Concludes 2012 Article IV Consultation with Canada »

Source: Canada : 2012 Article IV Consultation

Volume/Issue: 2013/40

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2013

ISBN: 9781616356613

Keywords: fiscal indicators, public debt

After recovering rapidly from the Great Recession, the Canadian economy has slowed down in 2012. Growth weakened in the first three quarters of 2012, and recent indicators have suggested that the pace of economic e...

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

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

Source: Are All Summary Indicators of the Stance of Fiscal Policy Misleading?

Volume/Issue: 1988/112

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1988

ISBN: 9781451944501

Keywords: fiscal policy, expenditure, fiscal impulse, expenditures, fiscal stance

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, inclu...

An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries

An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries »

Source: An Exploration of the Private Sector Response to Changes in Government Saving Across OECD Countries

Volume/Issue: 2001/69

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2001

ISBN: 9781451849066

Keywords: intergenerational fiscal balance, Ricardian effects, expenditures, expenditure, fiscal adjustments, fiscal position, Integenerational Fiscal Balance,

Several recent papers have examined the response of national saving to changes in fiscal policy. This paper uses knowledge about the intergenerational fiscal position of a country to determine whether this informat...