Rightsizing Brazils Public Sector Wage Bill

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Rightsizing Brazil’s Public-Sector Wage Bill

Author : Ms.Izabela Karpowicz
Publisher : International Monetary Fund
ISBN 13 : 1484380444
Total Pages : 24 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Rightsizing Brazil’s Public-Sector Wage Bill by : Ms.Izabela Karpowicz

Download or read book Rightsizing Brazil’s Public-Sector Wage Bill written by Ms.Izabela Karpowicz and published by International Monetary Fund. This book was released on 2018-10-08 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil’s public-sector wage bill is comparatively high. It grows inertially and competes with other spending. Rightsizing the wage bill could stimulate administrative efficiency and bring more equity into a system where public employees earn more than private in comparable professions. Most importantly, however, a reform is necessary to comply with the Federal government expenditure ceiling and the subnational fiscal responsibility rules. A reform should thus encompass all government levels, and all careers, and should aim to achieve a real decrease in salaries and lower employment. In the medium term, a review of the compensation structure should rationalize the multitude if wage grids, merge allowances into the base wage, and align public sector compensation to private wages in low-skilled professions.

Rightsizing Brazil’s Public-Sector Wage Bill

Author : Ms.Izabela Karpowicz
Publisher : International Monetary Fund
ISBN 13 : 1484374924
Total Pages : 24 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Rightsizing Brazil’s Public-Sector Wage Bill by : Ms.Izabela Karpowicz

Brazil

Author : Mr.Antonio Spilimbergo
Publisher : International Monetary Fund
ISBN 13 : 1484339746
Total Pages : 382 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Brazil by : Mr.Antonio Spilimbergo

Download or read book Brazil written by Mr.Antonio Spilimbergo and published by International Monetary Fund. This book was released on 2019-03-14 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Brazil

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 75 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Brazil by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Brazil written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2023-07-31 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil: Selected Issues

Brazil

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 148437245X
Total Pages : 73 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Brazil by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Brazil written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2018-08-03 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that a mild recovery supported by accommodative monetary and fiscal policies is currently under way in Brazil. But the economy is underperforming relative to its potential, public debt is high and increasing, and, more importantly, medium-term growth prospects remain uninspiring, absent further reforms. Against the backdrop of tightening global financial conditions, placing Brazil on a path of strong, balanced and durable growth requires a committed pursuit of fiscal consolidation, ambitious structural reforms, and a strengthening of the financial sector architecture. Following the severe recession in 2015-16, real GDP grew by 1 percent in 2017. Growth is projected to be 1.8 and 2.5 percent in 2018 and 2019, respectively, driven by a recovery in domestic consumption and investment.

Brazil

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
ISBN 13 : 1513514725
Total Pages : 56 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Brazil by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Brazil written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2019-09-19 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Assistance report on Brazil highlights strengthening the framework for substantial borrowing. A significant change in the institutional framework is needed to impose hard budget constraints and promote stable and sustainable policies. The approach proposed in this report is based on demanding greater transparency and accountability by subnational governments, while also making the framework more flexible. If adopted, the framework is expected to introduce risk sharing among states, within an enhanced insolvency framework, and tighten fiscal rules. The proposed changes would also put more emphasis in market incentives. The changes in the framework will also need to be accompanied by progress in addressing fiscal pressures from rising budget rigidities (including pensions) and excessive tax incentives (the so-called tax wars). It is recommended to create an independent fiscal council that monitors fiscal performance and compliance of fiscal rules by subnational governments. One possibility is to add this mandate to the Independent Fiscal Institution, while strengthening its independence and provide enough resources.

Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union

Author : Mr.A. E. Wayne Mitchell
Publisher : International Monetary Fund
ISBN 13 : 1498316077
Total Pages : 33 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union by : Mr.A. E. Wayne Mitchell

Download or read book Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union written by Mr.A. E. Wayne Mitchell and published by International Monetary Fund. This book was released on 2019-05-17 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, we assess the size of the government wage bill and employment in the member countries of the Eastern Caribbean Currency Union and their implications for fiscal sustainability and the adequacy of public service delivery. Over the period 2005 to 2015 their wage bill (as a percentage of GDP, government revenues and expenditures) is higher than in other small states notwithstanding recent efforts by governments to make it more manageable. The composition and distribution of employment is sub-optimal and is reflected in skills mismatches contributing to inefficiencies in public service delivery. Using a dynamic fixed-effects panel, we find that wage bill growth reflects the expansion of government activities to speed up economic and social development and that wage bill spending is procyclical in good times but is rigid during downturns. Finally, we identify the main institutional and legal reforms needed to improve wage bill management and public service efficiency.

OECD Economic Surveys: Indonesia 2016

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264265066
Total Pages : 138 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis OECD Economic Surveys: Indonesia 2016 by : OECD

Download or read book OECD Economic Surveys: Indonesia 2016 written by OECD and published by OECD Publishing. This book was released on 2016-10-24 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 OECD Economic Survey of Indonesia examines recent economic developments, policies and prospects. The special chapters cover: Regional Development and Public Spending.

Reinventing Leviathan

Author : Ben Ross Schneider
Publisher : University of Miami Iberian Studies Institute
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Reinventing Leviathan by : Ben Ross Schneider

Download or read book Reinventing Leviathan written by Ben Ross Schneider and published by University of Miami Iberian Studies Institute. This book was released on 2003 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholars and development practitioners agree that developing countries urgently need cohesive administrative reforms to consolidate new market economies, promote sustainable development, and improve social welfare. Reinventing Leviathan provides extensive comparative research on the political processes that facilitate or block efforts designed to improve administrative performance. Studies of Argentina, Brazil, Chile, Hungary, Mexico, and Thailand highlight distinctive patterns of reform, tracing the process from the prereform position of the bureaucracy to the design of reform packages and the contentious politics of implementation. The authors use a common framework to assess the relative importance of political institutions, international influences, social groups, and reform strategies. They relate their core findings both to practical policy debates and to broader theoretical discussions in the social sciences.

Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498345778
Total Pages : 99 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2016-08-04 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, spending on the wage bill absorbs around one-fifth of total spending. Cross-country variation in wage spending reflects, in part, national choices about the government’s role in priority sectors, as well as variations in the level of economic development and resource constraints.

Brazil Watch

Author :
Publisher :
ISBN 13 :
Total Pages : 484 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Brazil Watch by :

Download or read book Brazil Watch written by and published by . This book was released on 1996 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Botswana

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1513537377
Total Pages : 78 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Botswana by : International Monetary Fund. African Dept.

Download or read book Botswana written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2020-03-27 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation focuses on Botswana near- and medium-term challenges and policy priorities and was prepared before COVID-19 became a global pandemic and resulted in unprecedented strains in global trade, commodity, and financial markets. Gross domestic product growth is forecasted to pick up to 4.4 percent in 2020 and 5.6 percent in 2021 as the diamond industry recovers somewhat, and a new copper mine comes on stream. Growth will ease back to around 4 percent over the medium term. Risks to the outlook include faster-than-anticipated slowdown in key trading partners, shifts in consumer preferences to synthetic diamonds, and climate shocks. The size and pace of the planned adjustment are consistent with Botswana’s fiscal space, but the composition of the adjustment should protect efficient capital and social spending. Furthermore, given that buffers are being eroded, it is critical that consolidation starts as envisaged in FY2020, as it would help start addressing external imbalances and contribute to a gradual rebuilding of buffers over the medium term. In order to strengthen the monetary transmission mechanism and deepen the domestic financial market, there is a need to develop the secondary market for government securities, leverage Fintech, facilitate the attachment of collateral, and improve credit information.

Letting Go of the Status Quo

Author : Deloitte Development LLC
Publisher :
ISBN 13 : 9780979061127
Total Pages : 196 pages
Book Rating : 4.0/5 (611 download)

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Book Synopsis Letting Go of the Status Quo by : Deloitte Development LLC

Download or read book Letting Go of the Status Quo written by Deloitte Development LLC and published by . This book was released on 2010 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Eco2 Cities

Author : Hiroaki Suzuki
Publisher : World Bank Publications
ISBN 13 : 082138144X
Total Pages : 392 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Eco2 Cities by : Hiroaki Suzuki

Download or read book Eco2 Cities written by Hiroaki Suzuki and published by World Bank Publications. This book was released on 2010-05-07 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a point of departure for cities that would like to reap the many benefits of ecological and economic sustainability. It provides an analytical and operational framework that offers strategic guidance to cities on sustainable and integrated urban development.

Our Continent, Our Future

Author : P. Thandika Mkandawire
Publisher : IDRC
ISBN 13 : 155250204X
Total Pages : 192 pages
Book Rating : 4.5/5 (525 download)

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Book Synopsis Our Continent, Our Future by : P. Thandika Mkandawire

Download or read book Our Continent, Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.

Bulletin of the Atomic Scientists

Author :
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4./5 ( download)

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Book Synopsis Bulletin of the Atomic Scientists by :

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1973-10 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Public Procurement of Energy Efficiency Services

Author : Jas Singh
Publisher : World Bank Publications
ISBN 13 : 0821381024
Total Pages : 260 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Public Procurement of Energy Efficiency Services by : Jas Singh

Download or read book Public Procurement of Energy Efficiency Services written by Jas Singh and published by World Bank Publications. This book was released on 2009-12-17 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current universal concerns about global energy security, competitiveness, and environmental protection make energy efficiency more important than ever. However, realizing large-scale savings has proven a significant challenge due to many barriers. 'Public Procurement of Energy Efficiency Services' looks at a largely untapped energy efficiency market the public sector. While the efficiency potential in this sector is substantial, the implementation of energy savings programs has been complicated by a number of factors, such as insufficient incentives to lower energy costs, rigid budgeting and procurement procedures, and limited access to financing. The book looks at energy savings performance contracts (ESPCs) as a means of overcoming some of these barriers. Because public facilities can outsource the full project cycle to a commercial service provider, ESPCs can enable public agencies to solicit technical solutions, mobilize commercial financing, and assign performance risk to third parties, allowing the agency to pay from a project s actual energy savings. The recommendations in this book stem from case studies that identified approaches, models, and specific solutions to ESPC procurement, including budgeting, energy audits, and bid evaluation. Such an approach also offers enormous potential to bundle, finance, and implement energy efficiency projects on a larger scale in the public sector, which can yield further economies of scale. ESPCs can also serve as an attractive element for fiscal stimulus packages and efforts by governments to 'green' their infrastructure, which can create local jobs, reduce future operating costs, and mitigate their carbon footprint. Lower energy bills, in turn, help to create fiscal space in future years to meet other critical investment priorities. Bundled public sector energy efficiency projects can help stimulate local markets for energy efficiency goods and services and 'lead by example', demonstrating good practices and providing models to the private sector.