Fiscal Issues in Adjustment in Developing Countries

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Author :
Publisher : Springer
ISBN 13 : 1349227900
Total Pages : 232 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Fiscal Issues in Adjustment in Developing Countries by : Jaime de Melo

Download or read book Fiscal Issues in Adjustment in Developing Countries written by Jaime de Melo and published by Springer. This book was released on 1993-07-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with aspects of the recent fiscal crisis in developing countries. Macro aspects cover theoretical underpinning of fiscal policy, the size of the required adjustment and the link between internal and external transfers. Micro aspects cover the relation between private and public investment, the experience of tax and expenditure reforms, and the impact of fiscal adjustment on the poor.

Government Finance in Developing Countries

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815715714
Total Pages : 345 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Government Finance in Developing Countries by : Richard Goode

Download or read book Government Finance in Developing Countries written by Richard Goode and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal systems throughout the world have been severely strained in recent years, as governments have assumed more responsibility for economic management. The developing counties, where needs are greatest and resources scarcest, have found their finances especially hard pressed. This book examines a range of issues in government finance that confront developing countries: the formulation and execution of national budget; the objectives, size, and effects of expenditures; the purposes and results of various ways of taxing income, wealth, consumption, exports, or natural resources; the role of foreign and domestic borrowings; and the consequences of financing by money creation. The book also relates fiscal operations to goals such as growth and development, economic stabilization, equitable distribution, and national self-reliance. The author stresses the need to take account of economic and political conditions and particularly administrative capacity when evaluating the suitability of fiscal measures in developing countries.

The Economics of Adjustment and Growth

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Author :
Publisher : La Editorial, UPR
ISBN 13 : 9780674015784
Total Pages : 794 pages
Book Rating : 4.0/5 (157 download)

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Book Synopsis The Economics of Adjustment and Growth by : Pierre-Richard Agénor

Download or read book The Economics of Adjustment and Growth written by Pierre-Richard Agénor and published by La Editorial, UPR. This book was released on 2004-09-30 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries. The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.

Fiscal Issues in Adjustment Programs in Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Fiscal Issues in Adjustment Programs in Developing Countries by : Vito Tanzi

Download or read book Fiscal Issues in Adjustment Programs in Developing Countries written by Vito Tanzi and published by . This book was released on 1990 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Adjustment Crisis in the Third World

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Publisher : Transaction Publishers
ISBN 13 : 9780887380402
Total Pages : 212 pages
Book Rating : 4.3/5 (84 download)

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Book Synopsis Adjustment Crisis in the Third World by : Richard E. Feinberg

Download or read book Adjustment Crisis in the Third World written by Richard E. Feinberg and published by Transaction Publishers. This book was released on 1984-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Is Fiscal Policy the Answer?

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Publisher : World Bank Publications
ISBN 13 : 0821396307
Total Pages : 286 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Is Fiscal Policy the Answer? by : Blanca Moreno-Dodson

Download or read book Is Fiscal Policy the Answer? written by Blanca Moreno-Dodson and published by World Bank Publications. This book was released on 2012-10 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy is an important instrument for maintaining and improving living standards. Such living standards can be viewed as an outcome of the interaction between the opportunities offered by society and the readiness and ability of each person to exploit them. Under certain circumstances, public finance can make an important contribution to the creation of opportunities within a given society by raising resources from the private sector through taxation or borrowing (domestic and external) and allocating those resources effectively and equitably in the form of public spending, including through public goods and transfers. The first chapters in this volume sketch out a framework that policy makers can use in adopting a more cohesive or integrated approach to the short- and long-term dimensions of fiscal policy. Here the traditional threefold rationale for fiscal policy proposed by Musgrave-stabilization, resource allocation, and distribution-continues to be useful. Other chapters in this volume take up some of the critical institutional challenges in implementing fiscal policy for longer-term growth and development. These chapters also look at the tools and approaches being developed to address these challenges. Improving the quality of public investment management is a particular priority in view of the recent evidence that as little as half of all public investment expenditure translates into productive capital stock. The last chapter in this volume is a case study of fiscal responses to the great recession in low-income Sub-Saharan Africa, looking at stabilization and the longer-run growth, as well as distributional aspects of such responses. The growing depth of domestic financial markets in many African countries rather unexpectedly is turning out to be a critical source of financing for fiscal policy responses.

Fiscal Issues in Adjustment Programms in Developing Countries

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Author :
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (474 download)

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Book Synopsis Fiscal Issues in Adjustment Programms in Developing Countries by : Vito Tanzi

Download or read book Fiscal Issues in Adjustment Programms in Developing Countries written by Vito Tanzi and published by . This book was released on 1990 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Macroeconomic Effects of Fund-Supported Adjustment Programs

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451943822
Total Pages : 40 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis The Macroeconomic Effects of Fund-Supported Adjustment Programs by : International Monetary Fund

Download or read book The Macroeconomic Effects of Fund-Supported Adjustment Programs written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-12-23 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Fiscal Adjustment for Stability and Growth

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Publisher : International Monetary Fund
ISBN 13 : 149833301X
Total Pages : 64 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Adjustment for Stability and Growth by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Adjustment for Stability and Growth written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2006-01-27 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to inform policymakers, and other interested parties, about the IMF’s approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.

Fiscal Issues in Adjustment in Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 231 pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Fiscal Issues in Adjustment in Developing Countries by : Università degli studi Ca' Foscari. Dipartimento di Scienze Economiche, Venezia

Download or read book Fiscal Issues in Adjustment in Developing Countries written by Università degli studi Ca' Foscari. Dipartimento di Scienze Economiche, Venezia and published by . This book was released on 1990 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Policy and Long-Term Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund

Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475521669
Total Pages : 37 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries by : Huixin Bi

Download or read book Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries written by Huixin Bi and published by International Monetary Fund. This book was released on 2014-03-31 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies fiscal policy effects in developing countries with external debt and sovereign default risks. State-dependent distributions of fiscal limits are simulated based on macroeconomic uncertainty and fiscal policy specifications. The analysis shows that expected future revenue plays an important role in the low fiscal limits of developing countries, relative to those of developed countries. External debt carries additional risks since large devaluation of the real exchange rate can suddenly raise default probabilities. Consistent with majority views, fiscal consolidations are counterproductive in the short and medium runs. When an economy approaches its fiscal limits, government spending can be less expansionary than in a low-debt state. As more revenue is required to service debt in a high-debt state, higher tax rates raise the economic cost of increasing consumption, reducing the fiscal multiplier.

Public finance in adjustment programs

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 73 pages
Book Rating : 4./5 ( download)

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Book Synopsis Public finance in adjustment programs by : Ajay Chhibber

Download or read book Public finance in adjustment programs written by Ajay Chhibber and published by World Bank Publications. This book was released on 1988 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Macroeconomic Adjustment in Developing Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451924615
Total Pages : 30 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Macroeconomic Adjustment in Developing Countries by : International Monetary Fund

Download or read book Macroeconomic Adjustment in Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper deals with the two parts of the short-run adjustment problem in developing countries: the improvement of the current account and the reduction of inflation, the main cause in both cases being usually a fiscal deficit. It is shown how the two parts are related. Distinctions are made between the primary adjustment cost, which is inevitable, and the secondary cost which results, for example, from failure to devalue or from real wage rigidity. A sectoral cost benefit analysis is suggested. Reducing inflation involves both an inflation tax replacement and a price adjustment problem, and “heterodox” policies designed to deal with the latter are analyzed.

Developing Countries and the International Economy

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Publisher : Psychology Press
ISBN 13 : 9780714634333
Total Pages : 204 pages
Book Rating : 4.6/5 (343 download)

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Book Synopsis Developing Countries and the International Economy by : David Evans

Download or read book Developing Countries and the International Economy written by David Evans and published by Psychology Press. This book was released on 1991 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1991. Routledge is an imprint of Taylor & Francis, an informa company.

Fiscal Policy over the Election Cycle in Low-Income Countries

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Publisher : International Monetary Fund
ISBN 13 : 1475588518
Total Pages : 24 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Fiscal Policy over the Election Cycle in Low-Income Countries by : Mr.Christian Ebeke

Download or read book Fiscal Policy over the Election Cycle in Low-Income Countries written by Mr.Christian Ebeke and published by International Monetary Fund. This book was released on 2013-06-26 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on Low-Income Countries, we investigate the behavior of fiscal variables during and after elections. The results indicate that during election years, government consumption significantly increases and leads to higher fiscal deficits. During the two years following elections, the fiscal adjustment takes the form of increased revenue mobilization in trade taxes and cuts to government investment, with no significant cuts in government consumption. Using a new dataset on national fiscal rules and IMF programs, we find that both the presence of fiscal rules and IMF programs help dampen the magnitude of the political budget cycle in LICs. We conclude that elections not only imply a macroeconomic cost when they take place but also trigger a painful fiscal adjustment in which public investment is largely sacrificed.

Helping Countries Develop

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 550 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Helping Countries Develop by : Mr.Sanjeev Gupta

Download or read book Helping Countries Develop written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 2004-09-17 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sets out principles for conducting fiscal policy in developing countries. Examines the role of public spending in meeting the Millennium Development Goals. Discusses the determinants of fiscal sustainability, the effectiveness of social spending, the limits to absorptive capacity, the volatility of aid flows and their impact on dependency, and a range of other contentious issues.