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Author : Frits Bos
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (319 download)
Download or read book The Dutch Fiscal Framework written by Frits Bos and published by . This book was released on 2007 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : F. Bos
Publisher :
ISBN 13 : 9789799058331
Total Pages : pages
Book Rating : 4.0/5 (583 download)
Download or read book The Dutch fiscal framework written by F. Bos and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451829531
Total Pages : 63 pages
Book Rating : 4.4/5 (518 download)
Download or read book Kingdom of the Netherlands—Netherlands written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-03-27 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report on the Netherlands on the Observance of Standards and Codes discusses the fiscal transparency module and the Aide-Mémoire regarding the fiscal framework. The roles and responsibilities of and within government are, in general, clearly defined and, in many areas, the Netherlands sets best practice standards. The basic principles of the trend-based fiscal framework include the separation of tax receipts and outlays, a stable and well-defined set of expenditure rules, and use of expenditure ceilings to implement policy.
Author :
Publisher :
ISBN 13 : 9789279648489
Total Pages : 13 pages
Book Rating : 4.6/5 (484 download)
Download or read book The Dutch Budgetary Framework and the European Fiscal Rules written by and published by . This book was released on 2017 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Netherlands has a unique budgetary framework that is built around multiannual expenditure ceilings. The underlying principle is that budgetary policy should be trend-based, with a longer-term perspective. Independent macroeconomic forecasts and non-partisan evaluation of the budget plans have a longstanding tradition and predate similar requirements set at the European level. A central element of the national framework is the commitment of a government to adhere to pre-agreed expenditure ceilings over a four-year term. However, experience with meeting the European fiscal targets is mixed, and it appears that the Dutch framework does not necessarily ensure compliance with the European objectives. This note discusses possible reasons for this discrepancy. When compared along different dimensions, the operational objectives of the domestic and EU frameworks are not fully aligned. Long-run sustainability is assessed differently at the national and the EU level. Also, the medium-term objective is not fully operationalised within the national context. Finally, there are methodological differences with regard to the expenditure rules. Overall, this may lead to a dilemma for Dutch policy makers, who use the same policy instruments to fulfil different policy objectives. The current initiative at the EU level towards a greater emphasis on the expenditure benchmark offers an opportunity to bring the Dutch framework closer to the European one. Nevertheless, this analysis is non-exhaustive and a further discussion could identify possible ways to align the objectives, while preserving the successful elements of the Dutch budgetary framework.
Author : International Monetary Fund
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451829365
Total Pages : 38 pages
Book Rating : 4.8/5 (293 download)
Download or read book Kingdom of the Netherlands--Netherlands: Selected Issues written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2002-06-19 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper highlights that over the past decade, the Netherlands has undergone a remarkable fiscal adjustment, with the deficit, the tax burden, and the expenditure-to-GDP ratio falling significantly. The switch from a deficit-target-based to an expenditure-target-based fiscal framework in 1994 and commitments to two successive four-year fiscal plans have played an important role. The current multiyear framework expires in 2002, and the Study Group on the Budgetary Margin has produced recommendations for the coming government period.
Download or read book Kingdom of the Netherlands--Netherlands, Selected Issues written by and published by . This book was released on 2004 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr. Luc Eyraud
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.4/5 (2 download)
Download or read book A New Fiscal Framework for Resource-Rich Countries written by Mr. Luc Eyraud and published by International Monetary Fund. This book was released on 2023-11-03 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper revisits the debate on the design of fiscal rules in resource-rich countries. Its main objective is to assess alternative systems of rules against their policy objectives, while taking into account country characteristics. One of the contributions of the paper is to propose fiscal frameworks that are centered around the principle of insurance against shocks and less reliant on estimating precisely resource wealth, which tends to be highly volatile.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 145182937X
Total Pages : 45 pages
Book Rating : 4.4/5 (518 download)
Download or read book Kingdom of the Netherlands—Netherlands written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-08-08 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following several years of expansion, the Dutch economy is in its third year of weak growth. Executive Directors commended the authorities on prudent economic policy, and advised for fiscal consolidation in view of population aging. They welcomed the multiyear fiscal framework, and underscored the need to press forward with labor and product market reforms. They appreciated the sound fiscal and structural policies. They agreed that the Dutch financial sector remained sound and well supervised, and commended authorities for taking measures to strengthen the public finances.
Download or read book Kingdom of the Netherlands, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 1999 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marcos Poplawski-Ribeiro
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 1475572085
Total Pages : 29 pages
Book Rating : 4.4/5 (755 download)
Download or read book Fiscal Frameworks for Resource Rich Developing Countries (EPub) written by Marcos Poplawski-Ribeiro and published by INTERNATIONAL MONETARY FUND. This book was released on 2012-05-16 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note will provide guidance from a practitioner’s or policymaker’s perspective on how to design fiscal frameworks in natural resource intensive countries. It will lay out principles that should help countries to meet development needs while dealing with the resource revenue volatility, uncertainty, and exhaustibility (intergenerational equity).
Author : Luc Eyraud
Publisher : International Monetary Fund
ISBN 13 : 1484350936
Total Pages : 132 pages
Book Rating : 4.4/5 (843 download)
Download or read book Second-Generation Fiscal Rules written by Luc Eyraud and published by International Monetary Fund. This book was released on 2018-04-13 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog
Author : Gösta Ljungman
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.3/5 ( download)
Download or read book Expenditure Ceilings - A Survey written by Gösta Ljungman and published by International Monetary Fund. This book was released on 2008-12 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper looks at the factors that have to be considered when designing an aggregate expenditure ceiling. It is argued that expenditure ceilings are effective in promoting fiscal discipline and sustainability, but that a number of trade-offs have to be made when setting up a fiscal framework that will survive in a politically charged environment. The paper illustrates the discussion with a case study of medium-term aggregate expenditure ceilings in three countries: Finland, the Netherlands and Sweden.
Author :
Publisher :
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.3/5 (121 download)
Download or read book OECD Journal on Budgeting written by and published by . This book was released on 2008 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Vitor Gaspar
Publisher : International Monetary Fund
ISBN 13 : 1475547900
Total Pages : 548 pages
Book Rating : 4.4/5 (755 download)
Download or read book Fiscal Politics written by Vitor Gaspar and published by International Monetary Fund. This book was released on 2017-04-07 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic. The book has three parts: part 1 (9 chapters) outlines the problems; part 2 (6 chapters) outlines how institutions and fiscal rules can offer solutions; and part 3 (4 chapters) discusses how multilevel governance frameworks can help.
Author : Marcel C. A. Nieuwenhuijzen
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041128573
Total Pages : 578 pages
Book Rating : 4.0/5 (411 download)
Download or read book Financial Law in the Netherlands written by Marcel C. A. Nieuwenhuijzen and published by Kluwer Law International B.V.. This book was released on 2010-01-01 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a practical survey of Dutch financial law, and explains the following topics: specific rules applicable to investment institutions; specific rules applicable to debt instruments; offering securities in both primary and secondary markets; set-off and calculation of obligations of market participants (netting); structures for custody and book-entry transfer of securities; obtaining and terminating listings; mandatory bids, competing bids, friendly and unfriendly bids under public offering regulations; alternative investment funds and fund governance; meaning, jargon and function of derivatives, forwards, futures, options, swaps, etc.; securities repurchase and lending transactions; bond regulations; caretaking duties in private and public law; structure of legal proceedings of a prospectus liability claim; unfair commercial practices rules; case law in insider trading and market manipulation; securities litigation in Dutch private, criminal, and administrative law.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)
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.
Author : Ms. Rina Bhattacharya
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.4/5 (2 download)
Download or read book A Suggested Medium-Term Fiscal Framework for Guyana written by Ms. Rina Bhattacharya and published by International Monetary Fund. This book was released on 2024-07-12 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guyana is growing rapidly, and fiscal policy plays a critical role in ensuring that the country’s wealth is managed effectively and equitably. The paper analyzes crucial elements of a comprehensive fiscal policy framework, anchored on a medium-term fiscal framework, that would help in balancing several, and sometimes competing, fiscal policy objectives common to natural resource rich developing countries.
