Search Results

You are looking at 1 - 10 of 26 items :

  • Keyword: fiscal framework x
  • IMF Working Papers x
Clear All Modify Search
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...

Toward a Robust Fiscal Framework for Iceland

Toward a Robust Fiscal Framework for Iceland »

Source: Toward a Robust Fiscal Framework for Iceland : Motivation and Practical Suggestions

Volume/Issue: 2007/235

Series: IMF Working Papers

Author(s): Anthony Annett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2007

ISBN: 9781451867992

Keywords: procyclicality, expenditure, total expenditure, fiscal rules, fiscal framework,

Expenditure in Iceland, especially related to the government wage bill, has tended to move in a procyclical manner, related to the fragmentation of political decision making. Iceland's elevated macroeconomic volati...

The Role of Medium-Term Fiscal Frameworks for Transition Countries

The Role of Medium-Term Fiscal Frameworks for Transition Countries »

Source: The Role of Medium-Term Fiscal Frameworks for Transition Countries : The Case of Bulgaria

Volume/Issue: 2001/11

Series: IMF Working Papers

Author(s): Balázs Horváth , and Istvan Szekely

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451842784

Keywords: medium-term fiscal framework, fiscal framework, pension, public debt, fiscal policy, National Budget, Deficit, and Debt: General, Structure and Scope of Government: General, Dedium-term Fiscal Framework,

This paper discusses the foundations for a medium-term fiscal framework for Bulgaria, a transition economy aspiring to join the European Union. The paper argues that a well-designed framework can help to enhance th...

Enforcement and the Stability and Growth Pact

Enforcement and the Stability and Growth Pact »

Source: Enforcement and the Stability and Growth Pact : How Fiscal Policy Did and Did Not Change Under Europe's Fiscal Framework

Volume/Issue: 2006/116

Series: IMF Working Papers

Author(s): Anthony Annett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863765

Keywords: enforcement, fiscal governance, fiscal framework, fiscal performance, fiscal rules, National Deficit Surplus,

The Stability and Growth Pact has been a success in numerous EU countries, especially in guiding them toward underlying fiscal balance ahead of population aging. These countries tend to be smaller, subject to great...

Do Fiscal Rules Cause Better Fiscal Balances? A New Instrumental Variable Strategy

Do Fiscal Rules Cause Better Fiscal Balances? A New Instrumental Variable Strategy »

Source: Do Fiscal Rules Cause Better Fiscal Balances? A New Instrumental Variable Strategy

Volume/Issue: 2019/49

Series: IMF Working Papers

Author(s): Francesca Caselli , and Julien Reynaud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 March 2019

ISBN: 9781498300865

Keywords: Fiscal rules, Fiscal balance, Fiscal consolidation, Fiscal framework, Fiscal sustainability, Instrument variable (IV) estimation, Fiscal rules, Fiscal balances., endogeneity, instrumental variable

This paper estimates the causal effect of fiscal rules on fiscal balances in a panel of 142 countries over the period 1985-2015. Our instrumental variable strategy exploits the geographical diffusion of fiscal rule...

Managing Revenue Volatility in a Small Island Economy

Managing Revenue Volatility in a Small Island Economy »

Source: Managing Revenue Volatility in a Small Island Economy : The Case of Kiribati

Volume/Issue: 2005/154

Series: IMF Working Papers

Author(s): Catriona Purfield

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2005

ISBN: 9781451861730

Keywords: Volatiliy, fiscal policy rules, sustainability, expenditure, expenditures, medium-term fiscal framework, fiscal rules, National Government Expenditures and Related Policies: General, Volatility,

The formulation of fiscal policy in Kiribati faces unusual challenges. Kiribati's revenue base is among the most volatile in the world, and it possesses sizeable financial assets. Drawing on lessons from some other...

Money Isn't Everything

Money Isn't Everything »

Source: Money Isn't Everything : The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia

Volume/Issue: 2006/192

Series: IMF Working Papers

Author(s): Todd Mattina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

ISBN: 9781451864526

Keywords: Dutch disease, aid scaling up, per, public spending, expenditure, fiscal framework, public expenditure, Fiscal and Monetary Policy in Development, Dutch Desease, And Finance,

This paper outlines the challenge of developing an operational macroeconomic framework in Ethiopia consistent with the large envisaged scaling up of aid to achieve the Millennium Development Goals (MDGs). This pape...

Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century1

Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century1 »

Source: Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century

Volume/Issue: 2005/91

Series: IMF Working Papers

Author(s): Peter Heller , and David Hauner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861105

Keywords: fiscal frameworks, expenditure, expenditures, government expenditure, fiscal policy, expenditure categories, National Government Expenditures and Related Policies, National Budget, Deficit, and Debt,

A number of uncertainties about long-term expenditure commitments in industrial countries are examined: (i) the assumptions underlying the projections, (ii) the potential to further reduce non-age-related expenditu...

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...

A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania

A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania »

Source: A Rule-Based Medium-Term Fiscal Policy Framework for Tanzania

Volume/Issue: 2009/244

Series: IMF Working Papers

Author(s): Daehaeng Kim , and Mika Saito

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2009

ISBN: 9781451873917

Keywords: medium-term fiscal framework, public debt, budget balance, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General, Tanzania, United Republic of,

A zero net domestic financing (NDF) target has served Tanzania well in recent years, contributing to prudent expenditure policy, improved fiscal sustainability, and macroeconomic stability. Moving to a more flexibl...