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Fiscal Monitor, April 2019

Curbing Corruption

The April 2019 edition of Fiscal Monitor is focused on two broad themes: fiscal policy in a fast-changing global economy and curbing corruption.

Fiscal Monitor, April 2014
			: Public Expenditure Reform:  Making Difficult Choices

Fiscal Monitor, April 2014 : Public Expenditure Reform: Making Difficult Choices »

Series: Fiscal Monitor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2014

DOI: http://dx.doi.org/10.5089/9781475557121.089

ISBN: 9781475557121

Keywords: Fiscal consolidation, Fiscal analysis, Fiscal management, Fiscal policy, Fiscal reforms, Fiscal sustainability, Fiscal stability, Fiscal sector, Fiscal risk, expenditure

Fiscal risks are abating somewhat but remain elevated. In advanced economies, recent policy moves have broadly stabilized public debt ratios, but medium-term prospects are still uncertain, and debt remains at histo...

Toward A Fiscal Union for the Euro Area

Toward A Fiscal Union for the Euro Area »

Source: Toward A Fiscal Union for the Euro Area

Volume/Issue: 2013/9

Series: Staff Discussion Notes

Author(s): Céline Allard , Petya Koeva Brooks , John Bluedorn , Fabian Bornhorst , Franziska Ohnsorge , and Katharine Christopherson Puh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2013

ISBN: 9781484307373

Keywords: Euro Area, Fiscal Union, Fiscal Integration, Fiscal Federalism, Fiscal Governance, Risk Sharing, fiscal risk, fiscal rules, fiscal discipline, fiscal policies,

This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union. Some proposals have emerged in Europe, and it wi...

Fiscal Monitor, April 2019
			: Curbing Corruption

Fiscal Monitor, April 2019 : Curbing Corruption »

Series: Fiscal Monitor

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2019

DOI: http://dx.doi.org/10.5089/9781498302180.089

ISBN: 9781498302180

Keywords: Corruption, Corruption in politics. Economic aspects, Economic growth, Economic stabilization, Economic integration, Tax revenue, Fiscal policy, inclusive growth, global integration, fiscal outlook

This report discusses fiscal policies to prepare for the next downturn and foster long-term inclusive growth by adapting to changing demographics, advancing technology, and deepening global integration. It also cov...

Methodological and Statistical Appendix

Methodological and Statistical Appendix »

Source: Fiscal Monitor, April 2014 : Public Expenditure Reform: Making Difficult Choices

Series: Fiscal Monitor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2014

ISBN: 9781475557121

Keywords: Fiscal consolidation, Fiscal analysis, Fiscal management, Fiscal policy, Fiscal reforms, Fiscal sustainability, Fiscal stability, Fiscal sector, Fiscal risk, expenditure

This appendix comprises five sections: Data and Conventions provides a general description of the data and of the conventions used for calculating economy group composites. Fiscal Policy Assumptions summariz...

IMF Executive Board Discussion Summary

IMF Executive Board Discussion Summary »

Source: Fiscal Monitor, April 2014 : Public Expenditure Reform: Making Difficult Choices

Series: Fiscal Monitor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2014

ISBN: 9781475557121

Keywords: Fiscal consolidation, Fiscal analysis, Fiscal management, Fiscal policy, Fiscal reforms, Fiscal sustainability, Fiscal stability, Fiscal sector, Fiscal risk, expenditure

The following remarks were made by the Acting Chair at the conclusion of the Executive Board’s discussion of the World Economic Outlook, Global Financial Stability Report, and Fiscal Monitor on...

Chapter 1. Recent Fiscal Developments and Outlook

Chapter 1. Recent Fiscal Developments and Outlook »

Source: Fiscal Monitor, April 2014 : Public Expenditure Reform: Making Difficult Choices

Series: Fiscal Monitor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2014

ISBN: 9781475557121

Keywords: Fiscal consolidation, Fiscal analysis, Fiscal management, Fiscal policy, Fiscal reforms, Fiscal sustainability, Fiscal stability, Fiscal sector, Fiscal risk, expenditure

Advanced Economies: A Slowdown, Not a Pause, in Fiscal Consolidation In Advanced Economies, the Fiscal Drag Is Waning as Average Gross Debt Stabilizes...

Chapter 2. Public Expenditure Reform: Making Difficult Choices

Chapter 2. Public Expenditure Reform: Making Difficult Choices »

Source: Fiscal Monitor, April 2014 : Public Expenditure Reform: Making Difficult Choices

Series: Fiscal Monitor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 April 2014

ISBN: 9781475557121

Keywords: Fiscal consolidation, Fiscal analysis, Fiscal management, Fiscal policy, Fiscal reforms, Fiscal sustainability, Fiscal stability, Fiscal sector, Fiscal risk, expenditure

Public spending reform has come to the forefront of the policy agenda in advanced and developing economies alike, although the terms of the debate are different in each:...

A toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies

A toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies »

Source: A toolkit for Assessing Fiscal Vulnerabilities and Risks in Advanced Economies

Volume/Issue: 2012/11

Series: IMF Working Papers

Author(s): Elif Arbatli , Emre Alper , Jiri Jonas , Anke Weber , Marc Gerard , Tidiane Kinda , Giovanni Callegari , Anna Shabunina , Andrea Schaechter , and Carlos Caceres

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931162

Keywords: Fiscal vulnerabilities, fiscal risk, sustainability, debt, market, interest, monetary fund, policy responses, Structure and Scope of Government: General,

This paper presents a range of tools and indicators for analyzing fiscal vulnerabilities and risks for advanced economies. The analysis covers key short-, medium- and long-term dimensions. Short-term pressures are...

Contingent Liabilities

Contingent Liabilities »

Source: Contingent Liabilities : Issues and Practice

Volume/Issue: 2008/245

Series: IMF Working Papers

Author(s): Aliona Cebotari

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

ISBN: 9781451871036

Keywords: government guarantees, fiscal risks, disclosure, contingent liability, accounting standards, moral hazard, beneficiaries,

Contingent liabilities have gained prominence in the analysis of public finance. Indeed, history is full of episodes in which the financial position of the public sector is substantially altered-or its true nature...

From Banking to Sovereign Stress - Implications For Public Debt

From Banking to Sovereign Stress - Implications For Public Debt »

Source: From Banking to Sovereign Stress - Implications For Public Debt

Volume/Issue: 2014/092

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2014

ISBN: 9781498342438

Keywords: Banking sector, Debt sustainability, Fiscal policy, Fiscal risk, Public debt, Risk management, Sovereign debt, Real sector, Financial crises, Macroprudential policies and financial stability

This paper explores how banking sector developments and characteristics influence the propagation of risks from the banking sector to sovereign debt, including how they affect the extent of fiscal costs of banking...