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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...

Transparency in Government Operations

Transparency in Government Operations »

Series: Occasional Papers

Author(s): George Kopits , and J. Craig

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 February 1998

DOI: http://dx.doi.org/10.5089/9781557756978.084

ISBN: 9781557756978

Keywords: fiscal transparency, fiscal policy, quasi-fiscal activities, fiscal activities, budget process

Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its A...

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...

Who Will Pay? Coping with Aging Societies, Climate Change, and Other Long-Term Fiscal Challenges

Who Will Pay? Coping with Aging Societies, Climate Change, and Other Long-Term Fiscal Challenges »

Series: Books

Author(s): Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 2003

DOI: http://dx.doi.org/10.5089/9781589062238.071

ISBN: 9781589062238

Keywords: pension, fiscal policy, tax rates, public debt, fiscal sustainability

Aging populations. Weather shocks. Scarce water. Globalization. Security threats. Policymakers today confront a number of developments that threaten to burden public budgets for decades to come, or bankrupt some en...

Fiscal Reforms That Work

Fiscal Reforms That Work »

Series: Economic Issues

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 January 1997

DOI: http://dx.doi.org/10.5089/9781557756244.051

ISBN: 9781557756244

Keywords: fiscal consolidation, economic growth, public debt, budget deficit, business cycle

Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach -...

Austria: Selected Issues

Austria: Selected Issues »

Source: Austria : Selected Issues

Volume/Issue: 2007/143

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 May 2007

ISBN: 9781451802382

Keywords: fiscal policies, fiscal responsibility, fiscal management, fiscal framework

This Selected Issues paper focuses on the medium-term budgetary framework (MTBF) for Austria. Austria is part of a trend among many countries to consider some form of MTBF. This paper describes the proposed framewo...

Austria: Selected Issues

Austria: Selected Issues »

Source: Austria : Selected Issues

Volume/Issue: 2007/143

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 May 2007

ISBN: 9781451802382

Keywords: fiscal policies, fiscal responsibility, fiscal management, fiscal framework

This Selected Issues paper focuses on the medium-term budgetary framework (MTBF) for Austria. Austria is part of a trend among many countries to consider some form of MTBF. This paper describes the proposed framewo...

Austria: Selected Issues

Austria: Selected Issues »

Source: Austria : Selected Issues

Volume/Issue: 2007/143

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 May 2007

ISBN: 9781451802382

Keywords: fiscal policies, fiscal responsibility, fiscal management, fiscal framework

This Selected Issues paper focuses on the medium-term budgetary framework (MTBF) for Austria. Austria is part of a trend among many countries to consider some form of MTBF. This paper describes the proposed framewo...

Medium-Term Budgetary Frameworks - Lessons for Austria from International Experience

Medium-Term Budgetary Frameworks - Lessons for Austria from International Experience »

Source: Medium-Term Budgetary Frameworks - Lessons for Austria from International Experience

Volume/Issue: 2008/163

Series: IMF Working Papers

Author(s): Erik Lundback

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870213

Keywords: Fiscal Frameworks, mtbf, expenditure, expenditures, fiscal policies,

The Austrian government is about to introduce a new fiscal management framework. The first step is to introduce a medium-term budgetary framework, including an expenditure rule. The paper focuses on this first step...

Accountability and Transparency in the Public Sector

Accountability and Transparency in the Public Sector »

Source: Accountability and Transparency in the Public Sector : The New Zealand Experience

Volume/Issue: 1996/122

Series: IMF Working Papers

Author(s): M. Cangiano

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1996

ISBN: 9781451854442

Keywords: public finance, accrual accounting, fiscal policy, fiscal responsibility, financial management

This paper describes the reforms introduced in the New Zealand public sector since the mid-1980s. The reforms included corporatization and privatization of most state-owned enterprises, the shift from a cash-basis...