Fragmented Politics And Public Debt PDF Download
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Author | : Ernesto Crivelli |
Publisher | : International Monetary Fund |
Total Pages | : 31 |
Release | : 2016-09-19 |
Genre | : Business & Economics |
ISBN | : 1475537026 |
Download Fragmented Politics and Public Debt Book in PDF, ePub and Kindle
In this paper, we study the impact of fragmented politics on public debt—in particular, between two consecutive legislative elections. Using data for 92 advanced and developing countries during 1975-2015, we find a positive association between political fragmentation and public debt changes. Corruption magnifies the effects; with higher perceived corruption, political fragmentation has a bigger sway on debt increases. The influence of political fragmentation on debt dynamics is somewhat asymmetric, with larger and more significant effects during periods of debt reduction. Establishment of fiscal councils helps attenuate the negative impact of political fragmentation on public debt dynamics.
Author | : Ernesto Crivelli |
Publisher | : |
Total Pages | : |
Release | : 2015 |
Genre | : Debts, Public |
ISBN | : |
Download Fragmented Politics and Public Debt Book in PDF, ePub and Kindle
Author | : Ernesto Crivelli |
Publisher | : International Monetary Fund |
Total Pages | : 31 |
Release | : 2016-09-21 |
Genre | : Business & Economics |
ISBN | : 1475537565 |
Download Fragmented Politics and Public Debt Book in PDF, ePub and Kindle
In this paper, we study the impact of fragmented politics on public debt—in particular, between two consecutive legislative elections. Using data for 92 advanced and developing countries during 1975-2015, we find a positive association between political fragmentation and public debt changes. Corruption magnifies the effects; with higher perceived corruption, political fragmentation has a bigger sway on debt increases. The influence of political fragmentation on debt dynamics is somewhat asymmetric, with larger and more significant effects during periods of debt reduction. Establishment of fiscal councils helps attenuate the negative impact of political fragmentation on public debt dynamics.
Author | : Vitor Gaspar |
Publisher | : International Monetary Fund |
Total Pages | : 548 |
Release | : 2017-04-07 |
Genre | : Business & Economics |
ISBN | : 1475547900 |
Download Fiscal Politics Book in PDF, ePub and Kindle
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 | : National Intelligence Council |
Publisher | : Cosimo Reports |
Total Pages | : 158 |
Release | : 2021-03 |
Genre | : |
ISBN | : 9781646794973 |
Download Global Trends 2040 Book in PDF, ePub and Kindle
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Author | : Mr.Barry J. Eichengreen |
Publisher | : International Monetary Fund |
Total Pages | : 60 |
Release | : 2019-01-15 |
Genre | : Business & Economics |
ISBN | : 1484392892 |
Download Public Debt Through the Ages Book in PDF, ePub and Kindle
We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt-to-GDP ratios rose explosively as a result of wars, depressions and financial crises also have a long history. Many of these episodes resulted in debt-management problems resolved through debasements and restructurings. Less widely appreciated are successful debt consolidation episodes, instances in which governments inheriting heavy debts ran primary surpluses for long periods in order to reduce those burdens to sustainable levels. We analyze the economic and political circumstances that made these successful debt consolidation episodes possible.
Author | : Vitor Gaspar |
Publisher | : International Monetary Fund |
Total Pages | : 548 |
Release | : 2017-04-07 |
Genre | : Business & Economics |
ISBN | : 1475589522 |
Download Fiscal Politics Book in PDF, ePub and Kindle
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 | : Reinhard Neck |
Publisher | : MIT Press |
Total Pages | : 281 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 0262140985 |
Download Sustainability of Public Debt Book in PDF, ePub and Kindle
Theoretical and empirical perspectives on how fiscal policies in Europe and the United States can avoid government bankruptcy.
Author | : S. Ali Abbas |
Publisher | : Oxford University Press |
Total Pages | : 288 |
Release | : 2019-10-21 |
Genre | : Business & Economics |
ISBN | : 0192591398 |
Download Sovereign Debt Book in PDF, ePub and Kindle
The last time global sovereign debt reached the level seen today was at the end of the Second World War, and this shaped a generation of economic policymaking. International institutions were transformed, country policies were often draconian and distortive, and many crises ensued. By the early 1970s, when debt fell back to pre-war levels, the world was radically different. It is likely that changes of a similar magnitude -for better and for worse - will play out over coming decades. Sovereign Debt: A Guide for Economists and Practitioners is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners and policymakers through this complicated, but not intractable, subject. Sovereign Debt brings together some of the world's leading researchers and specialists in sovereign debt to cover a range of sub-disciplines within this vast topic. It explores debt management with debt sustainability; debt reduction policies with crisis prevention policies; and the history with the conjuncture. It is a foundation text for all those interested in sovereign debt, with a particular focus real world examples and issues.
Author | : Robert Forsyth |
Publisher | : |
Total Pages | : 244 |
Release | : 1830 |
Genre | : Great Britain |
ISBN | : |
Download Political Fragments Book in PDF, ePub and Kindle