Fiscal Policy Stabilization And Growth

Download Fiscal Policy Stabilization And Growth full books in PDF, epub, and Kindle. Read online Fiscal Policy Stabilization And Growth ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Fiscal Policy, Stabilization, and Growth

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

DOWNLOAD NOW!

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.

Fiscal Policy, Stabilization, and Growth

Author : Guillermo Perry
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

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

Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo Perry and published by World Bank Publications. This book was released on 2008 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book examines the extent of the procyclical and anti-investment biases embedded in the regions fiscal policies and their causes, macroeconomic consequences, and possible solutions.

Fiscal Policy, Stabilization, and Growth in Developing Countries

Author : Mr.Mario I. Bléjer
Publisher : International Monetary Fund
ISBN 13 : 9781557750341
Total Pages : 404 pages
Book Rating : 4.7/5 (53 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Policy, Stabilization, and Growth in Developing Countries by : Mr.Mario I. Bléjer

Download or read book Fiscal Policy, Stabilization, and Growth in Developing Countries written by Mr.Mario I. Bléjer and published by International Monetary Fund. This book was released on 1989-06-15 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Mario I. Blejer and Ke-young Chu, this book investigates linkages among components of the public sector, as well as between macro and micro aspects of fiscal policy, in developing countries. It presents 13 papers prepared by economists of the IMF's Fiscal Affairs Department.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics

Author : Hassan Bougrine
Publisher : Edward Elgar Publishing
ISBN 13 : 1786439573
Total Pages : 360 pages
Book Rating : 4.7/5 (864 download)

DOWNLOAD NOW!

Book Synopsis Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics by : Hassan Bougrine

Download or read book Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics written by Hassan Bougrine and published by Edward Elgar Publishing. This book was released on 2020-07-31 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.

Fiscal Policy and Long-Term Growth

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

DOWNLOAD NOW!

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 Stabilization and Growth

Author : Sangyup Choi
Publisher : International Monetary Fund
ISBN 13 : 148431672X
Total Pages : 48 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Stabilization and Growth by : Sangyup Choi

Download or read book Fiscal Stabilization and Growth written by Sangyup Choi and published by International Monetary Fund. This book was released on 2017-09-05 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Medium-term growth can be enhanced by fiscal stabilization. However, to date, no systematic effort has been made to study the specific channels through which fiscal stabilization affects growth. This paper examines the effect of fiscal stabilization on industrial growth and how this effect depends on different technological characteristics. It does so by applying a difference-in-difference approach to an unbalanced panel of 22 manufacturing industries for 55 advanced and developing economies over the period 1970-2014. The results suggest that fiscal stabilization fosters growth in industries with: i) higher external financial dependence and lower asset fixity; ii) higher degree of labor intensity; iii) higher investment lumpiness and relationship-specific input usage. These effects tend to be larger during economic recessions. The results are robust to different measures of fiscal stabilization and the inclusion of various interactions between a broad set of macroeconomic variables and production technologies.

Fiscal Adjustment for Stability and Growth

Author : Mr.James Daniel
Publisher : International Monetary Fund
ISBN 13 : 9781589065130
Total Pages : 80 pages
Book Rating : 4.0/5 (651 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Adjustment for Stability and Growth by : Mr.James Daniel

Download or read book Fiscal Adjustment for Stability and Growth written by Mr.James Daniel and published by International Monetary Fund. This book was released on 2006-08-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

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

DOWNLOAD NOW!

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.

Fiscal Policy, stabilization and growth in

Author : Mario I. Blejer
Publisher :
ISBN 13 :
Total Pages : 387 pages
Book Rating : 4.:/5 (11 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Policy, stabilization and growth in by : Mario I. Blejer

Download or read book Fiscal Policy, stabilization and growth in written by Mario I. Blejer and published by . This book was released on 1989 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt:

America's Search for Economic Stability

Author : Kenneth Edward Weiher
Publisher : Macmillan Reference USA
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.:/5 (44 download)

DOWNLOAD NOW!

Book Synopsis America's Search for Economic Stability by : Kenneth Edward Weiher

Download or read book America's Search for Economic Stability written by Kenneth Edward Weiher and published by Macmillan Reference USA. This book was released on 1992 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States's search for economic stability through the twentieth century is a fascinating saga of triumphs and catastrophes, of theorists and policy-makers, of world and domestic events, and of politics and politicians. In this new book by the respected teacher and scholar Kenneth Weiher, readers are given a clear and concise tool for understanding the history of government stabilization policy and therefore contemporary economic conditions and policy changes. America's Search for Economic Stability is the product of synthesizing hundreds of sources in order to present a solid descriptive history of the evolution of government stabilization policy. Readers are guided through eight decades of analysis: from before the creation of the Federal Reserve, when virtually no policy existed; through the 1910s and 1920s, when monetary policy was in its early stages of development; through the 1930s, with their cataclysmic policy errors; through the 1940s to early 1960s, when Keynesian fiscal policy was ascendant; through the late 1960s and 1970s, when instability progressively worsened and monetarism was reborn; and finally to the 1980s, when stability was painfully but successfully reestablished. Highlighting these analyses are discussions of the development of new ideas, the application of theories in policy actions, and the people who devised the theories and implemented the policies. Throughout the presentation, readers come to understand that policymakers, in the process of seeking a formula for stabilization policy, have created far more instability than they have averted. As Weiher ably demonstrates, the government--through its incorrect interpretations of economic indicators and through the politicization of economic policy--has been responsible for the overwhelming majority of economic contractions and episodes of inflation occurring over the decades. Certain to spark the interest of students and teachers of history, economic history, and economics, America's Search for Economic Stability will appeal to a broad audience, for it is a guide not just to the past but to the present and future as well. Included are a preface, bibliographic essay, selected bibliography, and index.

The Growth and Stabilization Properties of Fiscal Policy in Malaysia

Author : Mr.Sohrab Rafiq
Publisher : International Monetary Fund
ISBN 13 : 1484337913
Total Pages : 48 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis The Growth and Stabilization Properties of Fiscal Policy in Malaysia by : Mr.Sohrab Rafiq

Download or read book The Growth and Stabilization Properties of Fiscal Policy in Malaysia written by Mr.Sohrab Rafiq and published by International Monetary Fund. This book was released on 2013-06-19 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the size of the fiscal multiplier values generated in Malaysia. The results show that a government spending shock leads to broad positive economic effects. Although, the effectiveness of fiscal policy alters across macroeconomic states. The estimates show that since the Asian financial crisis the medium- and long-run effect of fiscal policy spending has declined. Some of this is down to greater credit availability and less investment spending.

Fiscal and Monetary Policies for Steady Economic Growth

Author : Committee for Economic Development
Publisher : [New York]: [s.n.]
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!

Book Synopsis Fiscal and Monetary Policies for Steady Economic Growth by : Committee for Economic Development

Download or read book Fiscal and Monetary Policies for Steady Economic Growth written by Committee for Economic Development and published by [New York]: [s.n.]. This book was released on 1969 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal Policies for Stabilization and Growth

Author : Judith N. Yates
Publisher : Gower Publishing Company, Limited
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Optimal Policies for Stabilization and Growth by : Judith N. Yates

Download or read book Optimal Policies for Stabilization and Growth written by Judith N. Yates and published by Gower Publishing Company, Limited. This book was released on 1971 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technical Progress and Economic Growth

Author : Franco Nardini
Publisher : Springer Science & Business Media
ISBN 13 : 3642566596
Total Pages : 187 pages
Book Rating : 4.6/5 (425 download)

DOWNLOAD NOW!

Book Synopsis Technical Progress and Economic Growth by : Franco Nardini

Download or read book Technical Progress and Economic Growth written by Franco Nardini and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book we intend to discuss economic fluctuations and growth and possible stabilizing fiscal policies. Since these topics are major preoccupa tions of economic theorists and have been extensively discussed since the classics, one may wonder why another book on these subjects. A possible defense is that we are going to do so in the framework of a two-sector model where the main featureS of each sector depend on the characteristics of the goods produced by the sector itself. The conventional wisdom suggests that the problem of (dis )aggregation in growth and business cycle theory is basically a quantitative one: the model should consider as many sectors, goods, and agents as necessary to provide a sufficiently rich picture, the upper bound obviously resulting from the tractability of the problem. In this attitude the same equilibrium (or diseqUilibrium) assumptions generally hold true throughout all sectors. Here we want to prove the relevance of an alternative approach: we look at the qualitative differences across sectors and at the peculiarities of each market as at the determinants of the economic dynamics. This tradition goes back over one hundred years to Tugan-Baranowkj and has been de veloped by Aftalion, Fanno, Spiethof, and Lowe, but has never been sys tematically formalized.

Welfare, Stabilization, Or Growth

Author : Steven P. Cassou
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Book Synopsis Welfare, Stabilization, Or Growth by : Steven P. Cassou

Download or read book Welfare, Stabilization, Or Growth written by Steven P. Cassou and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates a variety of objectives that are commonly used to motivate government fiscal action. These include welfare maximization, stabilization and growth maximization. The policies are compared on the basis of their implications for welfare, volatility and growth. We show that stabilization policies can produce welfare levels that are nearly identical to those of welfare maximization policies and that both welfare maximization and stabilization policies yield large welfare gains and modest growth losses relative to growth maximization policies. We also show that there are side issues to stabilization polices. In particular: 1) It is not possible to stabilize all macroeconomic variables simultaneously, even when the number of policy instruments is equal to the number of shocks; 2) stabilizing a particular variable requires increased volatility of some other variable; 3) stabilization requires some flexibility regarding the government's budget constraint; and 4) stabilization requires the government to respond in a precise and immediate way to exogenous shocks which hit the economy.

Is Fiscal Policy the Answer?

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

DOWNLOAD NOW!

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.

Monetary and Financial Policies in Developing Countries

Author : Anis Chowdhury
Publisher : Routledge
ISBN 13 : 1134838980
Total Pages : 304 pages
Book Rating : 4.1/5 (348 download)

DOWNLOAD NOW!

Book Synopsis Monetary and Financial Policies in Developing Countries by : Anis Chowdhury

Download or read book Monetary and Financial Policies in Developing Countries written by Anis Chowdhury and published by Routledge. This book was released on 2003-05-20 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of economic development and monetary stability has produced one of the most passionate debates in economic literature. Yet, much of the evidence employed in this debate is contradictory. Monetary and Financial Policies in Developing Countries: Growth and Stabilization brings together diverse views on the subject within a coherent framework. The work includes: * a balanced assessment of empirical findings and their theoretical foundations on the role of money and growth * a discussion of financial liberalization reform in developing countries * an analysis of monetary policy as an instrument of economic stabilization * an examination of the monetary supply and demand process in developing countries * a study of the relationship between money, credit, the balance of payments, inflation and the exchange rate system * a reflection on market failures and the role of government.