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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...

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...

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...

Oman Beyond the Oil Horizon
			: Policies Toward Sustainable Growth

Oman Beyond the Oil Horizon : Policies Toward Sustainable Growth »

Series: Occasional Papers

Author(s): Volker Treichel , and Ahsan Mansur

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 1999

DOI: http://dx.doi.org/10.5089/9781557758330.084

ISBN: 9781557758330

Keywords: fiscal policy, expenditure, capital expenditure, fiscal adjustment, fiscal impulse

With the steady increase of crude oil production and the surge in oil prices in the mid- and late 1970s, Oman embarked upon an economic development path that transformed it into a prosperous country. Today Oman boa...

Rules-Based Fiscal Policy in Emerging Markets
			: Background, Analysis, and Prospects

Rules-Based Fiscal Policy in Emerging Markets : Background, Analysis, and Prospects »

Series: Seminar Volumes

Author(s): George Kopits

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

DOI: http://dx.doi.org/10.5089/9781403920850.072

ISBN: 9781403920850

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

Inspired by the experience of some advanced economies and to enhance creditworthiness, recently a number of emerging market economies adopted rules limiting government deficits, expenditures, or indebtedness. This...

Making Fiscal Decentralization Work
			: Cross-Country Experiences

Making Fiscal Decentralization Work : Cross-Country Experiences »

Series: Occasional Papers

Author(s): Annalisa Fedelino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 2010

DOI: http://dx.doi.org/10.5089/9781589069855.084

ISBN: 9781589069855

Keywords: Cross country analysis, Fiscal policy, Fiscal reforms, Intergovernmental fiscal relations, decentralization, fiscal decentralization, subnational governments, intergovernmental fiscal, fiscal relations

The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided by the IMF to a wide...

Ajustement budgétaire
			: principes directeurs

Ajustement budgétaire : principes directeurs »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 1996

Language: French

DOI: http://dx.doi.org/10.5089/9781557755810.054

ISBN: 9781557755810

Keywords: fiscal policy, expenditure, fiscal adjustment, fiscal deficit, fiscal balance, fiscal policies, tax system, public expenditure, tax administration, fiscal stance

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...

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...

Public Investment and Public-Private Partnerships

Public Investment and Public-Private Partnerships »

Series: Economic Issues

Author(s): Bernardin Akitoby , Gerd Schwartz , and Richard Hemming

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 December 2007

Language: Arabic

DOI: http://dx.doi.org/10.5089/9781589065468.051

ISBN: 9781589065468

Keywords: public debt, fiscal targets, public finance, fiscal risk

Over the past three decades, public spending on infrastructure, as a share of GDP, has been on the decline worldwide. Although the link between infrastructure investment and economic growth is not yet fully underst...