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The Ararat Fiscal Strategy Model A Structural Framework For Fiscal Policy Analysis In Armenia
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Book Synopsis The Ararat Fiscal Strategy Model: A Structural Framework for Fiscal Policy Analysis in Armenia by : Victoria Babajanyan
Download or read book The Ararat Fiscal Strategy Model: A Structural Framework for Fiscal Policy Analysis in Armenia written by Victoria Babajanyan and published by International Monetary Fund. This book was released on 2022-06-10 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an overview of the Ararat Fiscal Strategy Model (AFSM), which is a structural, New-Keynesian, DSGE, small open economy model with a rich fiscal block that includes several expenditure and revenue instruments, and types of debt. The AFSM is now a formal part of the Ministry of Finance analytical toolkit to do macroeconomic fiscal policy scenario analysis, which feeds into policy discussions, budget planning, and the Medium-Term Expenditure Framework. The model was applied to assses the macroeconomic impact of the “first wave” of the Covid-19 pandemic on the Armenian economy, including the mitigating effects of policy responses. AFSM simulations revealed a potential severe impact in 2020, with declines in GDP and consumption of 12.9 and 11.7 percent, respectively, and a cumulative loss of GDP of 38 percent for the period 2020-2023. They also highlighted a significant fiscal outlook deterioration that would increase public debt-to-GDP ratios by 18.8 percentage points over 2020-23. The package of counter-cyclical fiscal measures of 3.6 percent of GDP, however, was estimated to cushion the 2020 GDP decline by almost 2 percentage points, as well as protect jobs. A second AFSM application related to the 2018 public investment under-execution showed the importance of improving the efficiency of public investment to have positive macroeconomic and fiscal effects.
Book Synopsis ESG Management of the Development of the Green Economy in Central Asia by : Elena G. Popkova
Download or read book ESG Management of the Development of the Green Economy in Central Asia written by Elena G. Popkova and published by Springer Nature. This book was released on 2023-11-18 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes digitalization as a promising direction for green growth and sustainable development of the economy of Central Asia. It reveals the advanced and unique hands-on and case-based experience of Central Asia in ESG management with the involvement of digital technologies and provides practical recommendations on the extension of the use of digital technologies in ESG management of the development of the green economy in Central Asia.
Author :International Monetary Fund. Middle East and Central Asia Dept. Publisher :International Monetary Fund ISBN 13 : Total Pages :36 pages Book Rating :4.4/5 (2 download)
Book Synopsis Republic of Armenia by : International Monetary Fund. Middle East and Central Asia Dept.
Download or read book Republic of Armenia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2023-12-14 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Republic of Armenia: Selected Issues
Book Synopsis Toward Integrated Water Resources Management in Armenia by : Winston Yu
Download or read book Toward Integrated Water Resources Management in Armenia written by Winston Yu and published by World Bank Publications. This book was released on 2014-10-20 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study takes stock of the current water resources management in Armenia, including diagnosing the main sub-sectors (agriculture, urban, environment, and energy), reviewing the institutional framework and implementation status of water-sector policies, identifying the main challenges and making recommendations on the next steps.
Book Synopsis No Business Taxation Without Model Representation by : Benjamin Carton
Download or read book No Business Taxation Without Model Representation written by Benjamin Carton and published by International Monetary Fund. This book was released on 2017-11-17 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed at the International Monetary Fund for policy analysis and international economic research. This paper documents the incorporation of corporate income, cash-flow and destination based cash-flow taxes into the model. The analysis presented considers the transmission mechanism of these taxes and details how financial frictions interact with each of the taxes.
Book Synopsis Fiscal Consolidation and Public Wages by : Juin-Jen Chang
Download or read book Fiscal Consolidation and Public Wages written by Juin-Jen Chang and published by International Monetary Fund. This book was released on 2019-06-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New Keynesian model with government production, public compensation, and unemployment is fit to U.S. data to study the macroeconomic and fiscal effects of public wage reductions. We find that accounting for the type of government spending is crucial for its macroeconomic implications. Although reductions in public wages and government purchases of goods have similar effects on total output and the fiscal balance, the former can raise private output slightly, in contrast to the substantial contractionary effects of the latter. In addition, the baseline estimation finds that exogenous public wage reductions decrease private wages. Model counterfactuals show that sufficiently rigid nominal private wages can reverse the response of private wages, as the rigidity dampens the labor reallocation effect from the public to private sector that exerts downward pressure on private wages.
Book Synopsis Environmental Performance Reviews by :
Download or read book Environmental Performance Reviews written by and published by United Nations, Economic Economic for Europe c2001.. This book was released on 2001 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: CD-ROM contains: Environmental Performance Review (PDF) -- State of the Environment Report.
Book Synopsis A Quantitative Model for the Integrated Policy Framework by : Tobias Adrian
Download or read book A Quantitative Model for the Integrated Policy Framework written by Tobias Adrian and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy and Nuclear Power Planning Study for Armenia by : International Atomic Energy Agency
Download or read book Energy and Nuclear Power Planning Study for Armenia written by International Atomic Energy Agency and published by IAEA. This book was released on 2004 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication sets out the results of a successfully completed project to undertake an energy and nuclear power planning (ENPP) study for Armenia. This involved analysis of key planning issues and scenarios for the future development of the energy sector in Armenia up to the period 2020, using IAEA energy planning models. The main objectives of the project were to contribute to the development of national energy policy and assess the future role of nuclear power in Armenia by providing proven methodologies and building institutional capacities for analysing different energy options.
Book Synopsis Armenian Civil Society by : Yevgenya Paturyan
Download or read book Armenian Civil Society written by Yevgenya Paturyan and published by Springer Nature. This book was released on 2020-12-11 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes Armenian civil society in the context of post-communist democratization. It explores persistent challenges to civic engagement under Armenia’s semi-authoritarian regime, and also highlights success stories of public mobilization and social impact. Drawing on a broad range of methods and empirical sources, the book provides a comprehensive overview of the re-emerging diversity of Armenian civil society: from formal organizations to spontaneous activism. It combines a country-level analysis of broad patterns in the country’s political culture with the life stories of individual agents of change, contrasting public apathy with young activists’ enthusiasm. By exploring mobilization strategies and narratives in Armenian civil society, the book provides valuable new insights into the roots of the mass public uprising in spring 2018.
Book Synopsis Freedom in the World 2015 by : Freedom House
Download or read book Freedom in the World 2015 written by Freedom House and published by Rowman & Littlefield. This book was released on 2015-12-24 with total page 877 pages. Available in PDF, EPUB and Kindle. Book excerpt: Freedom in the World, the Freedom House flagship survey whose findings have been published annually since 1972, is the standard-setting comparative assessment of global political rights and civil liberties. The survey ratings and narrative reports on 195 countries and fourteen territories are used by policymakers, the media, international corporations, civic activists, and human rights defenders to monitor trends in democracy and track improvements and setbacks in freedom worldwide. The Freedom in the World political rights and civil liberties ratings are determined through a multi-layered process of research and evaluation by a team of regional analysts and eminent scholars. The analysts used a broad range of sources of information, including foreign and domestic news reports, academic studies, nongovernmental organizations, think tanks, individual professional contacts, and visits to the region, in conducting their research. The methodology of the survey is derived in large measure from the Universal Declaration of Human Rights, and these standards are applied to all countries and territories, irrespective of geographical location, ethnic or religious composition, or level of economic development.
Book Synopsis Corporate Governance Around the World by : Ahmed Naciri
Download or read book Corporate Governance Around the World written by Ahmed Naciri and published by Routledge. This book was released on 2008-02-14 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: The last Asian financial crisis, coupled with the western series of corporate scandals, has caused investors and citizens to doubt mangers ability to guarantee credible financial information about organizations. Consequently, legislators all over the world have come to realise the necessity of legislating in the area of corporate governance.
Book Synopsis Science and Technology in Armenia by : National Research Council
Download or read book Science and Technology in Armenia written by National Research Council and published by National Academies Press. This book was released on 2004-11-23 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: An NRC ad hoc committee analyzed the current status and future development potential of Armenia's science and technology base, including human and infrastructural resources and research and educational capabilities. The committee identified those fields and institutions offering promising opportunities for contributing to economic and social development, and particularly institutions having unique and important capabilities, worthy of support from international financial institutions, private investment sources, and the Armenian and U.S. governments. The scope of the study included both pure and applied research as well as education in science-related fields. The committee's report addresses the existing capacity of state and private research institutions, higher education capabilities and trends, scientific funding sources, innovative investment models, relevant success stories, factors hindering development of the science sector, potential domestic Armenian customers for scientific results and products, and opportunities for regional scientific collaboration. An Armenian language version of the report is also available.
Download or read book Armenia written by Helen C. Evans and published by Metropolitan Museum of Art. This book was released on 2018-09-22 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the foot of Mount Ararat on the crossroads of the eastern and western worlds, medieval Armenians dominated international trading routes that reached from Europe to China and India to Russia. As the first people to convert officially to Christianity, they commissioned and produced some of the most extraordinary religious objects of the Middle Ages. These objects—from sumptuous illuminated manuscripts to handsome carvings, liturgical furnishings, gilded reliquaries, exquisite textiles, and printed books—show the strong persistence of their own cultural identity, as well as the multicultural influences of Armenia’s interactions with Romans, Byzantines, Persians, Muslims, Mongols, Ottomans, and Europeans. This unprecedented volume, written by a team of international scholars and members of the Armenian religious community, contextualizes and celebrates the compelling works of art that define Armenian medieval culture. It features breathtaking photographs of archaeological sites and stunning churches and monasteries that help fill out this unique history. With groundbreaking essays and exquisite illustrations, Armenia illuminates the singular achievements of a great medieval civilization. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 14.0px Verdana}
Author :Organisation for Economic Co-operation and Development Publisher :Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Center ISBN 13 : Total Pages :88 pages Book Rating :4.3/5 (91 download)
Book Synopsis Employment in the Public Sector by : Organisation for Economic Co-operation and Development
Download or read book Employment in the Public Sector written by Organisation for Economic Co-operation and Development and published by Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Center. This book was released on 1982 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report synthesizes the findings from several areas of work undertaken to assess what impact public sector employment has had on both the level and structure of employment. It also examines the impact of the public sector as employer on the labor market from two viewpoints: the level and share of public sector employment and the structure of this employment. First, an operational definition of the regular public sector is provided that has been used for collecting and classifying the data. Second, the findings of the regular public sector studies are summarized, e.g., levels, shares, growth rates of public sector employment and its distribution by various characteristics, as well as its relation to expenditure level. Third, the findings of a study on temporary direct job creation are used to illustrate the extent to which these programs can focus on special employment groups. Fourth, the implications of these two sets of findings for altering the aggregate level of employment are considered. Finally, some implications for altering the structure of employment are presented. (An appendix provides a table illustrating employment in general government in Organisation for Economic Cooperation and Development economies, 1960-1979.) (YLB)
Book Synopsis Years of adventure, 1874-1920 by : Herbert Hoover
Download or read book Years of adventure, 1874-1920 written by Herbert Hoover and published by . This book was released on 1951 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :European Bank for Reconstruction and Development Publisher :Stationery Office Books (TSO) ISBN 13 : Total Pages :228 pages Book Rating :4.0/5 ( download)
Book Synopsis Transition Report 2001 by : European Bank for Reconstruction and Development
Download or read book Transition Report 2001 written by European Bank for Reconstruction and Development and published by Stationery Office Books (TSO). This book was released on 2001 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses upon aspects of energy production, consumption and efficiency within the transition economies of the countries in central eastern Europe and the Baltic states, south-eastern Europe and the Commonwealth of Independent States. The report is divided into two sections. Part I considers issues of macroeconomic performance and future prospects for growth. Part II contains an analysis of the primary and secondary energy sectors in these countries. The report highlights the challenges facing the energy-rich countries in managing their resources prudently. It discusses key policy issues, such as the need to strengthen governance and transparency in the energy sector, and to increase savings to preserve national wealth for future generations. It also looks at tariff reform as a means of improving energy efficiency, and examines ways of ensuring that the poor do not suffer as a result of tariff adjustments. It highlights the complementary role that private investment in the power sector can play in improving energy efficiency, if accompanied by a strong regulatory framework. The report also contains an assessment of the progress towards transition made by each country, on a range of areas including liberalisation and macroeconomic stabilisation.
