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The Impact of Worldwide Military Spending Cutson Developing Countries

The Impact of Worldwide Military Spending Cutson Developing Countries »

Source: The Impact of Worldwide Military Spending Cutson Developing Countries

Volume/Issue: 1993/86

Series: IMF Working Papers

Author(s): Steven Symansky , Tamim Bayoumi , and Daniel Hewitt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1993

ISBN: 9781451850802

Keywords: military, military spending, military expenditures, expenditures, arms

This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation results indicate tha...

Income Inequality and Fiscal Policy

Income Inequality and Fiscal Policy »

Source: Income Inequality and Fiscal Policy

Volume/Issue: 2012/8

Series: Staff Discussion Notes

Author(s): David Coady , and Sanjeev Gupta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 June 2012

ISBN: 9781475504828

Keywords: Fiscal consolidation, Developed countries, Developing countries, Fiscal policy, Government expenditures, Income inequality, Income distribution, Taxation, Unemployment, tax

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

How Effective is Fiscal Policy Response in Systemic Banking Crises?

How Effective is Fiscal Policy Response in Systemic Banking Crises? »

Source: How Effective is Fiscal Policy Response in Systemic Banking Crises?

Volume/Issue: 2009/160

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Carlos Mulas-Granados , and Emanuele Baldacci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

ISBN: 9781451873078

Keywords: banking, banking crises, tax revenue, General Financial Markets: Government Policy and Regulation, Fiscal Policies and Behavior of Economic Agents: General, National Government Expenditures and Related Policies: General,

This paper studies the effects of fiscal policy response in 118 episodes of systemic banking crisis in advanced and emerging market countries during 1980-2008. It finds that timely countercyclical fiscal measures c...