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Europe > Ireland

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • National Government Expenditures and Education x
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Cover IMF Staff Country Reports
Kingdom of the Netherlands—the Netherlands: Selected Issues
International Monetary Fund. European Dept.
Selected Issues
Keywords:
labor market slack; teaching staff; policy implication; support program; C. employment support scheme coverage; B. labor market development; efficiency frontier; education outcome; Employment; Education spending; Labor markets; COVID-19; Europe; North America; Caribbean; Global; Africa; Asia and Pacific
Cover IMF Working Papers
What has happened to Sub-Regional Public Sector Efficiency in England since the Crisis?
Samya Beidas-Strom
This paper estimates public sector service efficiency in England at the sub-regional level, studying changes post crisis during the large fiscal consolidation effort. It finds that despite the overall spending cut (and some caveats owing to data availability), efficiency broadly improved across sectors, particularly in education. However, quality adjustments and other factors could have contributed (e.g., sector and technology-induced reforms). It also finds that sub-regions with the weakest initial levels of efficiency converged the most post crisis. These sub-regional changes in public sector efficiency are associated with changes in labor productivity. Finally, the paper finds that regional disparities in the productivity of public services have narrowed, especially in the education and health sectors, with education attainment, population density, private spending on high school education and class size being to be the most important factors explaining sub-regional variation since 2003.
Keywords:
WP; health output; public expenditure; efficiency score; post crisis; public sector efficiency or productivity; sub-regional fiscal federalism; public spending cut; DEA result; DEA efficiency estimation; simple average; input-output pair; DEA regression; DEA score; fiscal consolidation effort; Public sector; Education spending; Global
Cover Fiscal Monitor, April 2014
Fiscal Monitor, April 2014
Public Expenditure Reform: Making Difficult Choices

Abstract

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 historic highs. Fiscal vulnerabilities are rising in both emerging market economies and low-income countries, although in most cases from relatively moderate levels. Across country groups, fiscal policy should aim at rebuilding policy space while supporting the recovery and long-term growth prospects.

Keywords:
FM; economy; country; government; director; IMF staff estimate; longer-term inflation expectation; interest rate; financing vulnerability; monetary policy normalization; fiscal consolidation plan; fiscal policy; risks to emerging market economies; Fiscal stance; Macroeconomic and fiscal forecasts; Emerging and frontier financial markets; Global; Pacific Islands; Africa; Middle East; North Africa; expenditure rule; expenditure reform; potential GDP; imputed interest; short-term debt; wage bill; Education spending; East Africa; Caribbean