Fiscal Adjustment For Stability And Growth PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Fiscal Adjustment For Stability And Growth PDF full book. Access full book title Fiscal Adjustment For Stability And Growth.

Fiscal Adjustment for Stability and Growth

Fiscal Adjustment for Stability and Growth
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Total Pages: 64
Release: 2006-01-27
Genre: Business & Economics
ISBN: 149833301X

Download Fiscal Adjustment for Stability and Growth Book in PDF, ePub and Kindle

This paper aims to inform policymakers, and other interested parties, about the IMF’s approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.


Fiscal Adjustment for Stability and Growth

Fiscal Adjustment for Stability and Growth
Author: Mr.James Daniel
Publisher: International Monetary Fund
Total Pages: 80
Release: 2006-08-17
Genre: Business & Economics
ISBN: 9781589065130

Download Fiscal Adjustment for Stability and Growth Book in PDF, ePub and Kindle

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.


Fiscal Adjustment for Stability and Growth

Fiscal Adjustment for Stability and Growth
Author: Internationaler Währungsfonds
Publisher:
Total Pages: 0
Release: 2006
Genre:
ISBN:

Download Fiscal Adjustment for Stability and Growth Book in PDF, ePub and Kindle

This paper aims to inform policymakers, and other interested parties, about the IMF's approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.


Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 257
Release: 2015-04-20
Genre: Business & Economics
ISBN: 1498344658

Download Fiscal Policy and Long-Term Growth Book in PDF, ePub and Kindle

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 Policy, Stabilization, and Growth

Fiscal Policy, Stabilization, and Growth
Author: Guillermo E. Perry
Publisher: World Bank Publications
Total Pages: 354
Release: 2007-10-19
Genre: Business & Economics
ISBN: 0821370855

Download Fiscal Policy, Stabilization, and Growth Book in PDF, ePub and Kindle

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.


Expansionary Austerity New International Evidence

Expansionary Austerity New International Evidence
Author: Mr.Daniel Leigh
Publisher: International Monetary Fund
Total Pages: 41
Release: 2011-07-01
Genre: Business & Economics
ISBN: 1455294691

Download Expansionary Austerity New International Evidence Book in PDF, ePub and Kindle

This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.


Guidelines for Fiscal Adjustment

Guidelines for Fiscal Adjustment
Author: Mr.Jeffrey M. Davis
Publisher: International Monetary Fund
Total Pages: 52
Release: 1995-12-22
Genre: Business & Economics
ISBN: 9781557755353

Download Guidelines for Fiscal Adjustment Book in PDF, ePub and Kindle

This pamphlet considers some of the issues and concerns that underlie the IMF's approach to fiscal adjustment-namely, the ways governments can use their fiscal stabilization and structural policies to achieve macroeconomic objectives relating to growth, inflation, and the balance of payments. It covers such issues as government taxing, spending, and borrowing, as well as some fiscal aspects of institutional change, and offers practical policy options for consideration.


Fiscal Monitor, October 2012

Fiscal Monitor, October 2012
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Total Pages: 115
Release: 2012-10-08
Genre: Business & Economics
ISBN: 1616353910

Download Fiscal Monitor, October 2012 Book in PDF, ePub and Kindle

With growth weakening in many parts of the world and downside risks on the rise, fiscal consolidation remains challenging. However, considerable progress has been made in strengthening fiscal accounts following their sharp deterioration in 2008-09. This issue of the Fiscal Monitor takes stock of this progress, focusing on its size, composition, and implications for employment and social equity. The issue finds that most countries--and especially advanced economies--have made significant headway in rolling back fiscal deficits, but that efforts at controlling debt stocks are taking longer to yield results. The mix of revenue and expenditure policies employed by countries with sizable fiscal consolidation needs has differed, with advanced economies in general relying more on spending retrenchment than emerging markets and low-income countries. Both spending and revenue measures have important implications for employment and social equity, the issue finds, and these implications need to be taken into account if the large consolidation efforts underway are to be sustainable.


The Effectiveness of Fiscal Policy in Stimulating Economic Activity

The Effectiveness of Fiscal Policy in Stimulating Economic Activity
Author: Richard Hemming
Publisher: International Monetary Fund
Total Pages: 60
Release: 2002-12
Genre: Business & Economics
ISBN:

Download The Effectiveness of Fiscal Policy in Stimulating Economic Activity Book in PDF, ePub and Kindle

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 Rules—Anchoring Expectations for Sustainable Public Finances

Fiscal Rules—Anchoring Expectations for Sustainable Public Finances
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Total Pages: 73
Release: 2009-12-11
Genre: Business & Economics
ISBN: 1498335160

Download Fiscal Rules—Anchoring Expectations for Sustainable Public Finances Book in PDF, ePub and Kindle

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.