Fiscal Policy Issues in the Pacific Region

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Publisher :
ISBN 13 :
Total Pages : 93 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Fiscal Policy Issues in the Pacific Region by :

Download or read book Fiscal Policy Issues in the Pacific Region written by and published by . This book was released on 2001 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public Financial Management

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451974973
Total Pages : 21 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Public Financial Management by : Mr.Klaus-Walter Riechel

Download or read book Public Financial Management written by Mr.Klaus-Walter Riechel and published by International Monetary Fund. This book was released on 2002-02-01 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper discusses reform in public financial management in small, resource-constrained economies such as the Pacific island countries (PICs). It describes the efforts undertaken by PICs in the past and assesses their results. A principal conclusion is that reform in public financial management needs to be defined against the capacity of countries to sustain it at the national level. This requires a careful definition of priorities for action and the determination of appropriate pacing and sequencing of reform. In this decision, achievement of the imperatives of expenditure control and sustainability of deficits is typically more important than exploitation of the scope for efficiency gains promised by "cutting edge" public financial management systems.

Fiscal Deficits in the Pacific Region

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Publisher : Routledge
ISBN 13 : 1134344368
Total Pages : 668 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis Fiscal Deficits in the Pacific Region by : Akira Kohsaka

Download or read book Fiscal Deficits in the Pacific Region written by Akira Kohsaka and published by Routledge. This book was released on 2004-07-31 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy is an incredibly important tool for governments across the world, with many countries facing dilemmas in crafting fiscal policies to meet changing demographic needs, greater demands for social welfare and sudden spending due to shocks such as terrorism. This important book looks at fiscal policy in the Asian Pacific economies and with a broad array of contributors will be a useful tool to students, researchers and professionals working in international economics and finance.

Issues in Monetary and Fiscal Policy in Small Developing States

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Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Issues in Monetary and Fiscal Policy in Small Developing States by : T. K. Jayaraman

Download or read book Issues in Monetary and Fiscal Policy in Small Developing States written by T. K. Jayaraman and published by . This book was released on 2011 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines how monetary and fiscal policies are implemented in Pacific small states and suggests policy options that can be used by these countries.

Issues in Monetary and Fiscal Policy in Small Developing States

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Publisher :
ISBN 13 : 9781848591158
Total Pages : 142 pages
Book Rating : 4.5/5 (911 download)

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Book Synopsis Issues in Monetary and Fiscal Policy in Small Developing States by : T. K. Jayaraman

Download or read book Issues in Monetary and Fiscal Policy in Small Developing States written by T. K. Jayaraman and published by . This book was released on 2011-09-15 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines how monetary and fiscal policies are implemented in Pacific small states and the impact on growth and development in these countries. It carefully sets out both the policy and institutional constraints in monetary and fiscal policy management, provides case study examples of policy implementation in practice, and suggests policy options that can be used by these countries.

Economic Policy-making in the Asia-Pacific Region

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Publisher : Halifax, N.S. : Institute for Research on Public Policy = Institut de recherches politiques
ISBN 13 :
Total Pages : 372 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Policy-making in the Asia-Pacific Region by : Institute for Research on Public Policy

Download or read book Economic Policy-making in the Asia-Pacific Region written by Institute for Research on Public Policy and published by Halifax, N.S. : Institute for Research on Public Policy = Institut de recherches politiques. This book was released on 1990 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: These series of workshop papers are the second volume to be released by the Institute. The first was held in Victoria, 1987. This second one was co-hosted with the Thailand Development Research Institute (TDRC). A third one is scheduled for May 1990 in Kuala Lumpur. The workshop series is intended to link senior public policy researchers and practitioners from around the region. Papers presented address economic policy-making in Australia, Canada, New Zealand, the Philippines, Japan, Thailand, South Korea, China, Hong Kong, Malaysia, Singapore, and Indonesia.

Fiscal Deficits in the Pacific Region

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Publisher : Routledge
ISBN 13 : 1134344376
Total Pages : 424 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis Fiscal Deficits in the Pacific Region by : Akira Kohsaka

Download or read book Fiscal Deficits in the Pacific Region written by Akira Kohsaka and published by Routledge. This book was released on 2004-07-31 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book looks at fiscal policy in the Asian Pacific economies and with a broad array of contributors will be a useful tool.

Tax and Development

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Author :
Publisher :
ISBN 13 : 9784899741039
Total Pages : 150 pages
Book Rating : 4.7/5 (41 download)

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Book Synopsis Tax and Development by : Satoru Araki

Download or read book Tax and Development written by Satoru Araki and published by . This book was released on 2018-12-18 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxation is increasingly in the limelight as a development agenda item, particularly with the emergence of the G20 as the premier international forum. This volume highlights the challenges faced by the Asia and Pacific region regarding tax policy and administration. Partly reflecting the diversity of the region, the region's voice still appears to be low in comparison with that of other regions such as Europe and Latin America. This book introduces ADB's and ADBI's active roles in assisting developing countries with respect to taxation. In addition, this book is an attempt to narrow the gap in understanding between development specialists and tax specialists. This publication, an anthology by contributors who have been involved in ADB's and ADBI's activities on fiscal policy and taxation in various capacities is classified into three groups: (i) bird's-eye overviews that discuss tax and development issues in Asia and the Pacific; (ii) country case studies that present theoretical policy analysis of a particular economy; and (iii) another set of country case studies that share practical experiences regarding the tax system of a particular economy.

The Impact on the Asian-Pacific Region of Fiscal Policy in the United States and Japan

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Publisher :
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (91 download)

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Book Synopsis The Impact on the Asian-Pacific Region of Fiscal Policy in the United States and Japan by : Warwick J. McKibbin

Download or read book The Impact on the Asian-Pacific Region of Fiscal Policy in the United States and Japan written by Warwick J. McKibbin and published by . This book was released on 1995 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Buffers for Natural Disasters in Pacific Island Countries

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Publisher : International Monetary Fund
ISBN 13 : 1498320805
Total Pages : 31 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Buffers for Natural Disasters in Pacific Island Countries by : Hidetaka Nishizawa

Download or read book Fiscal Buffers for Natural Disasters in Pacific Island Countries written by Hidetaka Nishizawa and published by International Monetary Fund. This book was released on 2019-07-12 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spending pressures to address post-disaster relief and recovery efforts. This paper estimates the effects of severe natural disasters on fiscal revenues and expenditure in PICs. These are combined with information on the frequency of large disasters to calculate the rate of budgetary savings needed to build appropriate fiscal buffers. Fiscal buffers provide self-insurance against natural disaster shocks and facilitate quick disbursement for recovery and relief efforts, and protection of spending on essential services and infrastructure. The estimates can provide a benchmark for policymakers, and should be adjusted to take into account other sources of financing, as well as budget risks from less severe as well as more frequent disasters.

The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness

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Publisher : International Monetary Fund
ISBN 13 : 1484356381
Total Pages : 37 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness by : Dongyeol Lee

Download or read book The Economic Impact of Natural Disasters in Pacific Island Countries: Adaptation and Preparedness written by Dongyeol Lee and published by International Monetary Fund. This book was released on 2018-05-10 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on economic development. This paper identifies the intensity of natural disasters for each country in the Pacific based on the distribution of damage and population affected by disasters, and estimates the impact of disasters on economic growth and international trade using a panel regression. The results show that “severe” disasters have a significant and negative impact on economic growth and lead to a deterioration of the fiscal and trade balance. We also find that the negative impact on growth is stronger for more intense disasters. Going further this paper proposes a simple and consistent method to adjust IMF staff’s economic projections and debt sustainability analysis for disaster shocks for the Pacific islands. Better incorporating the economic impact of natural disasters in the medium- and long-term economic planning would help policy makers improve fiscal policy decisions and to be better adapted and prepared for natural disasters.

Asian Development Outlook 2014

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Publisher : Asian Development Bank
ISBN 13 : 9292544535
Total Pages : 770 pages
Book Rating : 4.2/5 (925 download)

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Book Synopsis Asian Development Outlook 2014 by : Asian Development Bank

Download or read book Asian Development Outlook 2014 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2014-04-01 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Development Outlook 2014 projects that developing Asia's growth will increase from 6.1% in 2013 to 6.2% in 2014 and 6.4% in 2015. Moderating growth in the People's Republic of China as its economy adjusts to more balanced growth will offset to some extent the stronger demand expected from the industrial countries as their economies recover. Risks to the outlook have eased and are manageable. The monetary policy shift in the United States may invite some volatility ahead in financial markets, albeit mitigated by accommodative monetary policy in Japan and the euro area. The regional growth outlook depends on continued recovery in the major industrial economies and on the People's Republic of China managing to contain internal credit growth smoothly. Widening income gaps in developing Asia strengthens the case for greater use of fiscal policy to foster equality of opportunity. While the region has benefited from fiscal prudence in the past, demographic and environmental challenges are expected to compete for public resources in the coming years. To boost public spending on equity-enhancing programs such as education and health without undermining fiscal sustainability, the authorities will need to explore a wide range of options for mobilizing revenue and to build equity objectives into their fiscal plans.

Fiscal Policy and Long-Term Growth

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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 Policy, Stabilization, and Growth

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Publisher : World Bank Publications
ISBN 13 : 0821370855
Total Pages : 354 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo E. Perry

Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry and published by World Bank Publications. This book was released on 2007-10-19 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.

Public Debt Sustainability in Developing Asia

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Publisher : Routledge
ISBN 13 : 0415522218
Total Pages : 227 pages
Book Rating : 4.4/5 (155 download)

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Book Synopsis Public Debt Sustainability in Developing Asia by : Benno Ferrarini

Download or read book Public Debt Sustainability in Developing Asia written by Benno Ferrarini and published by Routledge. This book was released on 2012 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the global financial crisis has required fiscal intervention on a substantial scale by governments around the world. The consequent buildup of public debt, in particular its sustainability, has moved to center stage in the policy debate. If the Asia and Pacific region is to continue to serve as an engine for global growth, its public debt must be sustainable. Public Debt Sustainability in Developing Asia addresses this issue for Asia and the Pacific as a whole as well as for three of the most dynamic economies in the region: the People’s Republic of China, India, and Viet Nam. The book begins with a discussion of the reasons for increased attention to debt-related issues. It also introduces fiscal indicators for the Asian Development. Bank’s developing member countries and economies. The sustainability of their debt is assessed through extant approaches and with the most up-to-date data sources. The book also surveys the existing literature on debt sustainability, outlining the main issues related to it, and discusses the key implications for the application of debt sustainability analysis in developing Asia. Also highlighted is the importance of conducting individual country studies in view of wide variations in definitions of public expenditure, revenues, contingent liabilities, government structures (e.g., federal), and the like, as well as the impact of debt on interest rates. The book further provides in-depth debt sustainability analyses for the People’s Republic of China, India, and Viet Nam. Public Debt Sustainability in Developing Asia offers a comprehensive analytical and empirical update on the sustainability of public debt in the region. It breaks new ground in examining characteristics that are crucial to understanding sustainability and offers richer policy analysis that should prove useful for policymakers, researchers, and graduate students.

Monetary and Currency Policy Management in Asia

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Publisher : Edward Elgar Publishing
ISBN 13 : 0857933353
Total Pages : 321 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Monetary and Currency Policy Management in Asia by : Masahiro Kawai

Download or read book Monetary and Currency Policy Management in Asia written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian economies strengthened their monetary and currency management after the Asian financial crisis of 19971998, and came through the global financial crisis of 20072009 relatively well. Nevertheless, the recent global crisis has presented new challenges. This book develops recommendations for monetary and currency policy in Asian economies aimed at promoting macroeconomic and financial stability in an environment of global economic shocks and volatile capital flows. Monetary and Currency Policy Management in Asia draws lessons from crises and makes concrete macroeconomic policy recommendations aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. The three main areas addressed are: monetary policy measures, both conventional and unconventional, to achieve both macroeconomic and financial stability; exchange rate policy and foreign exchange reserve management, including the potential for regional cooperation to stabilize currency movements; and ways to ease the constraints on policy resulting from the so-called 'impossible trinity' of fixed exchange rates, open capital accounts and independent monetary policy. This is one of the first books since the global financial crisis to specifically and comprehensively address the implications of the crisis for monetary and currency policy in emerging market economies, especially in Asia. Presenting a broad menu of policy options for financial reform and regulation, the book will be of great interest to finance experts and policymakers in the region as well as academics and researchers of financial and Asian economics as well as economic development.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Effectiveness of Fiscal Policy in Stimulating Economic Activity by : Richard Hemming

Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming and published by International Monetary Fund. This book was released on 2002-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.