Indicators Of Fiscal Sustainability

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

Indicators of Fiscal Sustainability

Author : Ms.Jocelyn Horne
Publisher : International Monetary Fund
ISBN 13 : 1451842082
Total Pages : 34 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!

Book Synopsis Indicators of Fiscal Sustainability by : Ms.Jocelyn Horne

Download or read book Indicators of Fiscal Sustainability written by Ms.Jocelyn Horne and published by International Monetary Fund. This book was released on 1991-01-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the usefulness of summary measures of fiscal sustainability for the purpose of multilateral surveillance. An overview of the main conceptual issues is first presented. Next, an assessment is made of the strengths and weaknesses of the summary measures in the context of their recent application to industrial countries by the OECD and the Fund. The measures are shown to highlight the inadequacy of using trends in public debt ratios to assess sustainability. However, the measures and their recent application are subject to a number of caveats, in particular in relation to their sensitivity to the discount rate, time paths of government expenditures and private sector behavior.

Fiscal Sustainability in Theory and Practice

Author : Craig Burnside
Publisher : World Bank Publications
ISBN 13 : 9780821358740
Total Pages : 312 pages
Book Rating : 4.3/5 (587 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Sustainability in Theory and Practice by : Craig Burnside

Download or read book Fiscal Sustainability in Theory and Practice written by Craig Burnside and published by World Bank Publications. This book was released on 2005 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.

Assessing Fiscal Sustainability

Author : Mr.Enzo Croce
Publisher : International Monetary Fund
ISBN 13 : 1451856563
Total Pages : 35 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!

Book Synopsis Assessing Fiscal Sustainability by : Mr.Enzo Croce

Download or read book Assessing Fiscal Sustainability written by Mr.Enzo Croce and published by International Monetary Fund. This book was released on 2003-07-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: To monitor fiscal sustainability, this paper proposes a recursive algorithm derived from the law of motion of the debt-to-GDP ratio, subject to a government reaction function that links convergence to the targeted debt ratio with primary fiscal surpluses. Based on quarterly estimates of this algorithm in the 1990s, 12 developed and developing countries are ranked according to their degree of sustainability. For a number of countries, the paper finds evidence of causality between the fiscal policy stance and growth-adjusted real interest rates.

Assessing Fiscal Sustainability in Theory and Practice

Author : Nigel Andrew Chalk
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!

Book Synopsis Assessing Fiscal Sustainability in Theory and Practice by : Nigel Andrew Chalk

Download or read book Assessing Fiscal Sustainability in Theory and Practice written by Nigel Andrew Chalk and published by International Monetary Fund. This book was released on 2000-04 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this paper is to provide an overview of approaches to assessing fiscal sustainability. It summarizes the general analytical background, focusing on the present value budget constraint, which is the benchmark against which solvency is determined, tests of sustainability (including sustainability indicators), and sustainability and uncertainty. The paper then looks at the way in which fiscal sustainability has been assessed in different types of IMF work. Finally the link between fiscal and external sustainability is discussed.

Fiscal Sustainability with Non-Renewable Resources

Author : Mr.Nigel Andrew Chalk
Publisher : International Monetary Fund
ISBN 13 : 1451844352
Total Pages : 37 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Sustainability with Non-Renewable Resources by : Mr.Nigel Andrew Chalk

Download or read book Fiscal Sustainability with Non-Renewable Resources written by Mr.Nigel Andrew Chalk and published by International Monetary Fund. This book was released on 1998-03-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses sustainable fiscal behavior in an economy where wealth is derived predominantly from a non-renewable resource. It explores the issue in a simple dynamic framework that highlights the structural weaknesses in the underlying budgetary position, takes into account the rate of depletion of a country’s natural resource base, and examines the impact of changes in a country’s terms of trade. An alternative indicator of fiscal sustainability is derived, and the principal factors determining sustainability are identified. The results of the analysis are applied to Venezuela and Kuwait.

Assessing Fiscal Space - An Initial Consistent Set of Considerations

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 : 1498345581
Total Pages : 28 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Assessing Fiscal Space - An Initial Consistent Set of Considerations by : International Monetary Fund. Asia and Pacific Dept

Download or read book Assessing Fiscal Space - An Initial Consistent Set of Considerations written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2016-06-23 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal space is a multi-dimensional concept reflecting whether a government can raise spending or lower taxes without endangering market access and debt sustainability. Making such a determination requires a comprehensive approach considering, among other things, initial economic and structural conditions, market access, the level and trajectory of public debt, present and future financing needs, and dynamic analysis of the liquidity and solvency of the fiscal position under alternative policies. Balancing these considerations involves careful analysis and judgment. Fund staff has over the years developed a variety of indicators to inform assessments of fiscal space in bilateral and multilateral surveillance. The Fund’s core operational framework for such analysis is the debt sustainability framework, which includes a number of indicators, while allowing room for staff judgment. Surveillance also relies importantly on indicators developed by the Fiscal Affairs Department (FAD)––including those that have been used in the internal Vulnerability Exercise and Fiscal Monitors––while more recent methods based on fiscal stress tests and probabilistic approaches proposed in IMF (2016) are also promising. In addition, teams have used scenario analysis and general equilibrium modeling approaches to evaluate fiscal policy choices and their implications for sustainability. When applied to fiscal space, each indicator and approach has pros and cons and none covers all the relevant factors. Ultimately, therefore, assessing fiscal space requires judgment, informed by a broad range of tools. This note seeks to bring together various approaches developed by Fund staff to outline a consistent set of considerations and indicators to help inform assessments of fiscal space, especially for advanced and emerging markets. The intent is to facilitate continued consistency between country team assessments by providing some common considerations and approaches to inform their judgment. The proposed framework will support Fund surveillance and policy advice going forward, informing discussions of the appropriate fiscal stance at all stages of the economic cycle.

Assessing Fiscal Sustainability in Theory and Practice

Author : Nigel Chalk
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!

Book Synopsis Assessing Fiscal Sustainability in Theory and Practice by : Nigel Chalk

Download or read book Assessing Fiscal Sustainability in Theory and Practice written by Nigel Chalk and published by . This book was released on 2006 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this paper is to provide an overview of approaches to assessing fiscal sustainability. It summarizes the general analytical background, focusing on the present value budget constraint, which is the benchmark against which solvency is determined, tests of sustainability (including sustainability indicators), and sustainability and uncertainty. The paper then looks at the way in which fiscal sustainability has been assessed in different types of IMF work. Finally the link between fiscal and external sustainability is discussed.

The Palgrave Handbook of Indicators in Global Governance

Author : Debora Valentina Malito
Publisher : Springer
ISBN 13 : 3319627074
Total Pages : 535 pages
Book Rating : 4.3/5 (196 download)

DOWNLOAD NOW!

Book Synopsis The Palgrave Handbook of Indicators in Global Governance by : Debora Valentina Malito

Download or read book The Palgrave Handbook of Indicators in Global Governance written by Debora Valentina Malito and published by Springer. This book was released on 2017-11-27 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together both academic and institutional perspectives to examine the production, use and contestation of indicators in global governance. It provides a unique and comprehensive guide to the latest research in the study of indicators and their use in global governance and policy making. The editors provide a guide to the recent vast body of literature and practice on measuring governance and measurement as governance at the global level, and present a state-of-the-art analysis of social science research on indicators at both the transnational and the global level. The Handbook brings together scholars from a variety of disciplines and perspectives, as well as policy-makers from international organisations and non-government organisations working in the field. This volume will be a valuable resource for students and academics in the fields of public policy, administration and management, international relations, political science, law, and globalisation, as well as policy makers and practitioners.

Public Debt Sustainability in Developing Asia

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

DOWNLOAD NOW!

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.

Ensuring Fiscal Sustainability in G-7 Countries

Author : Daniel Leigh
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!

Book Synopsis Ensuring Fiscal Sustainability in G-7 Countries by : Daniel Leigh

Download or read book Ensuring Fiscal Sustainability in G-7 Countries written by Daniel Leigh and published by International Monetary Fund. This book was released on 2007-07 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rising longevity, falling fertility rates, and the retirement of the baby boom generation will substantially raise age-related government spending in most advanced and many emerging market countries. This paper assesses the evolution of fiscal sustainability for each of the G-7 countries using two standard primary gap indicators. The estimated fiscal adjustment required to ensure long-run fiscal sustainability is substantial for all G-7 countries. In particular, ensuring fiscal sustainability would require an average improvement in the primary balance of about 4 percentage points of GDP. While the overall adjustment required to achieve long-run fiscal sustainability in G-7 countries is large, there are significant growth benefits to putting public finances on a sustainable footing in the near term versus delayed adjustment.

Fiscal Sustainability

Author : Mr.Evan Tanner
Publisher : International Monetary Fund
ISBN 13 : 1484351495
Total Pages : 49 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Sustainability by : Mr.Evan Tanner

Download or read book Fiscal Sustainability written by Mr.Evan Tanner and published by International Monetary Fund. This book was released on 2013-04-22 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper critically reviews recent work regarding the sustainability of public debt. It argues that Debt Sustainability Analyses (DSAs) should be more than mere mechanical simulation exercises. Instead, a DSA should be linked to some objective regarding the distribution of fiscal burdens and distortions over time (in the tradition of Barro’s 1979 tax smoothing objective). The paper discusses objective functions that yield simple and transparent fiscal policy rules.

Fiscal Sustainability and Resource Mobilization in the Dominican Republic

Author : Mr.Oscar E. Melhado Orellana
Publisher : International Monetary Fund
ISBN 13 : 1451843763
Total Pages : 37 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Sustainability and Resource Mobilization in the Dominican Republic by : Mr.Oscar E. Melhado Orellana

Download or read book Fiscal Sustainability and Resource Mobilization in the Dominican Republic written by Mr.Oscar E. Melhado Orellana and published by International Monetary Fund. This book was released on 2003-01-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.

Fiscal Solvency and Sustainability in Economic Management

Author : Hinh T. Dinh
Publisher : World Bank Publications
ISBN 13 : 0505432935
Total Pages : 38 pages
Book Rating : 4.5/5 (54 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Solvency and Sustainability in Economic Management by : Hinh T. Dinh

Download or read book Fiscal Solvency and Sustainability in Economic Management written by Hinh T. Dinh and published by World Bank Publications. This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a financially integrated world, it is misleading to assess fiscal performance separate from other aspects of economic development. The framework proposed here can help assess fiscal performance over time and across countries and point to a pace of fiscal adjustment consistent with a country's economic and social objectives.

Modernizing the Framework for Fiscal Policy and Public Debt Sustainability Analysis

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498338631
Total Pages : 59 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Modernizing the Framework for Fiscal Policy and Public Debt Sustainability Analysis by : International Monetary Fund

Download or read book Modernizing the Framework for Fiscal Policy and Public Debt Sustainability Analysis written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-05-08 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modernizing the framework for fiscal policy and public debt sustainability analysis (DSA) has become necessary, particularly in light of the recent crisis and rising sustainability concerns in some advanced economies. While recognizing the inherently challenging nature of such analysis, this paper highlights areas where improvements are needed and makes both general and specific proposals on how this could be achieved. It also proposes to move to a risk-based approach to DSAs for all market-access countries, where the depth and extent of analysis would be commensurate with concerns regarding sustainability, while a reasonable level of standardization would be maintained.

Fiscal Rules—Anchoring Expectations for Sustainable Public Finances

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498335160
Total Pages : 73 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Fiscal Rules—Anchoring Expectations for Sustainable Public Finances by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Rules—Anchoring Expectations for Sustainable Public Finances written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2009-12-11 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules in supporting fiscal consolidation, discusses the design and implementation of rules based on a new data base spanning the whole Fund membership, and explores the fiscal framework that could be adopted as countries emerge from the crisis.

Global Encyclopedia of Public Administration, Public Policy, and Governance

Author : Ali Farazmand
Publisher : Springer Nature
ISBN 13 : 3030662527
Total Pages : 13623 pages
Book Rating : 4.0/5 (36 download)

DOWNLOAD NOW!

Book Synopsis Global Encyclopedia of Public Administration, Public Policy, and Governance by : Ali Farazmand

Download or read book Global Encyclopedia of Public Administration, Public Policy, and Governance written by Ali Farazmand and published by Springer Nature. This book was released on 2023-04-05 with total page 13623 pages. Available in PDF, EPUB and Kindle. Book excerpt: This global encyclopedic work serves as a comprehensive collection of global scholarship regarding the vast fields of public administration, public policy, governance, and management. Written and edited by leading international scholars and practitioners, this exhaustive resource covers all areas of the above fields and their numerous subfields of study. In keeping with the multidisciplinary spirit of these fields and subfields, the entries make use of various theoretical, empirical, analytical, practical, and methodological bases of knowledge. Expanded and updated, the second edition includes over a thousand of new entries representing the most current research in public administration, public policy, governance, nonprofit and nongovernmental organizations, and management covering such important sub-areas as: 1. organization theory, behavior, change and development; 2. administrative theory and practice; 3. Bureaucracy; 4. public budgeting and financial management; 5. public economy and public management 6. public personnel administration and labor-management relations; 7. crisis and emergency management; 8. institutional theory and public administration; 9. law and regulations; 10. ethics and accountability; 11. public governance and private governance; 12. Nonprofit management and nongovernmental organizations; 13. Social, health, and environmental policy areas; 14. pandemic and crisis management; 15. administrative and governance reforms; 16. comparative public administration and governance; 17. globalization and international issues; 18. performance management; 19. geographical areas of the world with country-focused entries like Japan, China, Latin America, Europe, Asia, Africa, the Middle East, Russia and Eastern Europe, North America; and 20. a lot more. Relevant to professionals, experts, scholars, general readers, researchers, policy makers and manger, and students worldwide, this work will serve as the most viable global reference source for those looking for an introduction and advance knowledge to the field.

Pathways to Urban Sustainability

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 030944456X
Total Pages : 193 pages
Book Rating : 4.3/5 (94 download)

DOWNLOAD NOW!

Book Synopsis Pathways to Urban Sustainability by : National Academies of Sciences, Engineering, and Medicine

Download or read book Pathways to Urban Sustainability written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-10-11 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities have experienced an unprecedented rate of growth in the last decade. More than half the world's population lives in urban areas, with the U.S. percentage at 80 percent. Cities have captured more than 80 percent of the globe's economic activity and offered social mobility and economic prosperity to millions by clustering creative, innovative, and educated individuals and organizations. Clustering populations, however, can compound both positive and negative conditions, with many modern urban areas experiencing growing inequality, debility, and environmental degradation. The spread and continued growth of urban areas presents a number of concerns for a sustainable future, particularly if cities cannot adequately address the rise of poverty, hunger, resource consumption, and biodiversity loss in their borders. Intended as a comparative illustration of the types of urban sustainability pathways and subsequent lessons learned existing in urban areas, this study examines specific examples that cut across geographies and scales and that feature a range of urban sustainability challenges and opportunities for collaborative learning across metropolitan regions. It focuses on nine cities across the United States and Canada (Los Angeles, CA, New York City, NY, Philadelphia, PA, Pittsburgh, PA, Grand Rapids, MI, Flint, MI, Cedar Rapids, IA, Chattanooga, TN, and Vancouver, Canada), chosen to represent a variety of metropolitan regions, with consideration given to city size, proximity to coastal and other waterways, susceptibility to hazards, primary industry, and several other factors.