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Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries

Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries »

Source: Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries

Volume/Issue: 2003/237

Series: IMF Working Papers

Author(s): Naoko Kojo , Arye Hillman , and Emanuele Baldacci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

ISBN: 9781451875737

Keywords: Growth, low-income countries, public spending, fiscal deficit, fiscal contractions, expansionary fiscal, National Deficit Surplus, low-income countries and Finance, Taxation, Deficit

Private investment is the principal transmission channel through which fiscal policy affects growth in high-income countries. In low-income countries, governance and also other considerations suggest that the prima...

Evolution of Debt Sustainability Analysis in Low-Income Countries

Evolution of Debt Sustainability Analysis in Low-Income Countries »

Source: Evolution of Debt Sustainability Analysis in Low-Income Countries : Some Aggregate Evidence

Volume/Issue: 2012/167

Series: IMF Working Papers

Author(s): Benedicte Baduel , and Robert Price

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475505153

Keywords: low-income countries, debt service, debt ratios, debt dynamics, National Budget, Deficit, and Debt: Other, Macroeconomic - Aspects Of Public Finance,

The Debt Sustainability Analysis (DSA) for low-income countries (LICs) is a standardized analytical tool to monitor debt sustainability. This paper uses DSAs from three periods around the time of the global economi...

Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy

Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy »

Source: Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy : Lessons from Gabon

Volume/Issue: 2006/193

Series: IMF Working Papers

Author(s): Jan-Peter Olters , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

ISBN: 9781451864533

Keywords: Sustainable fiscal policy, habit formation, permanent-income hypothesis, primary deficit, oil production, government spending, oil reserves, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook

While models based on Friedman's (1957) permanent-income hypothesis can provide oilproducing countries with long-run fiscal targets, they usually abstract from short-run costs associated with consolidation. This pa...

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy »

Source: Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy : Lessons from the Republic of Congo

Volume/Issue: 2007/80

Series: IMF Working Papers

Author(s): Stéphane Carcillo , Mauricio Villafuerte , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866445

Keywords: Sustainable fiscal policy, habit formation, permanent-income hypothesis, catch-up growth, primary deficit, expenditure, government spending, public spending, Congo, Macroeconomic - Aspects Of Public Finance

In a number of oil producing countries, oil revenue accounts for the majority of government revenue, but is expected to be depleted in a relatively short time frame. Ensuring that fiscal policy is on a sustainable...

Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries

Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries »

Volume/Issue: 2003/237

Series: IMF Working Papers

Author(s): Naoko Kojo , Arye Hillman , and Emanuele Baldacci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

DOI: http://dx.doi.org/10.5089/9781451875737.001

ISBN: 9781451875737

Keywords: Growth, low-income countries, public spending, fiscal deficit, fiscal contractions, expansionary fiscal, National Deficit Surplus, low-income countries and Finance, Taxation, Deficit

Private investment is the principal transmission channel through which fiscal policy affects growth in high-income countries. In low-income countries, governance and also other considerations suggest that the prima...

Evolution of Debt Sustainability Analysis in Low-Income Countries
			: Some Aggregate Evidence

Evolution of Debt Sustainability Analysis in Low-Income Countries : Some Aggregate Evidence »

Volume/Issue: 2012/167

Series: IMF Working Papers

Author(s): Benedicte Baduel , and Robert Price

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

DOI: http://dx.doi.org/10.5089/9781475505153.001

ISBN: 9781475505153

Keywords: low-income countries, debt service, debt ratios, debt dynamics, National Budget, Deficit, and Debt: Other, Macroeconomic - Aspects Of Public Finance,

The Debt Sustainability Analysis (DSA) for low-income countries (LICs) is a standardized analytical tool to monitor debt sustainability. This paper uses DSAs from three periods around the time of the global economi...

Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy
			: Lessons from Gabon

Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy : Lessons from Gabon »

Volume/Issue: 2006/193

Series: IMF Working Papers

Author(s): Jan-Peter Olters , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2006

DOI: http://dx.doi.org/10.5089/9781451864533.001

ISBN: 9781451864533

Keywords: Sustainable fiscal policy, habit formation, permanent-income hypothesis, primary deficit, oil production, government spending, oil reserves, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook

While models based on Friedman's (1957) permanent-income hypothesis can provide oilproducing countries with long-run fiscal targets, they usually abstract from short-run costs associated with consolidation. This pa...

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy
			: Lessons from the Republic of Congo

Catch-Up Growth, Habits, Oil Depletion, and Fiscal Policy : Lessons from the Republic of Congo »

Volume/Issue: 2007/80

Series: IMF Working Papers

Author(s): Stéphane Carcillo , Mauricio Villafuerte , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

DOI: http://dx.doi.org/10.5089/9781451866445.001

ISBN: 9781451866445

Keywords: Sustainable fiscal policy, habit formation, permanent-income hypothesis, catch-up growth, primary deficit, expenditure, government spending, public spending, Congo, Macroeconomic - Aspects Of Public Finance

In a number of oil producing countries, oil revenue accounts for the majority of government revenue, but is expected to be depleted in a relatively short time frame. Ensuring that fiscal policy is on a sustainable...