How Do National Policies Affect Long Run Growth PDF Download
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Author | : |
Publisher | : World Bank Publications |
Total Pages | : 65 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
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Author | : William Easterly |
Publisher | : |
Total Pages | : 60 |
Release | : 1991 |
Genre | : Developing countries |
ISBN | : |
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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.
Author | : International Bank for Reconstruction and Development (Washington, DC). |
Publisher | : |
Total Pages | : |
Release | : 1993 |
Genre | : |
ISBN | : |
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Author | : Mr.Vito Tanzi |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 1996-10-01 |
Genre | : Business & Economics |
ISBN | : 1451854129 |
Download Fiscal Policy and Long-Run Growth Book in PDF, ePub and Kindle
This paper discusses in a systematic and comprehensive way the existing literature on the relationship between the growth of countries’ economies and various public finance instruments, such as tax policy, expenditure policy, and overall budgetary policy, from the perspectives of allocative efficiency, macroeconomic stability, and income distribution. It reviews both the conceptual linkages between each of the instruments and growth and the empirical evidence on such relationships. It broadly concludes that fiscal policy could play a fundamental role in affecting the long-run growth performance of countries.
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.
Author | : |
Publisher | : |
Total Pages | : |
Release | : 2001 |
Genre | : |
ISBN | : |
Download Can Government Policies Increase National Long-run Growth Rates? Book in PDF, ePub and Kindle
Author | : Richard Hemming |
Publisher | : International Monetary Fund |
Total Pages | : 62 |
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.
Author | : Washington Mutwiri |
Publisher | : GRIN Verlag |
Total Pages | : 17 |
Release | : 2019-11-05 |
Genre | : Business & Economics |
ISBN | : 3346049361 |
Download Impacts of business policies on economic growth. Achieving a strategic plan Book in PDF, ePub and Kindle
Academic Paper from the year 2019 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 2.1, University of Washington (Economics), course: Economics, language: English, abstract: This paper presents impacts of business policies on economic growth and gives advices for creating a strategic plan. A strategic plan is used to set business priorities, inform the decisions, and guide the business operations of various organizations. The strategic plan ensures that every member of an organization plays their role in the achievement of a common goal that effectively accommodates the changes in both internal and external business environments. It’s also used as a communication tool to inform all the stakeholders of the business objectives and the action plan for achieving those objectives. To develop an effective business plan, it’s important that all aspects of internal and external business environment are taken into consideration. This is due to the fact that these factors such as inflation, interest rate, the Gross Domestic Product, and trade balance significantly affect the ability of the organization to attain its set objectives according to the business plan. Monetary policies are used by the government to regulate the value of a country’s currency such that it remains stable at all times. The monetary policy is also concerned with a reduction in the rate of unemployment which significantly affects a country Gross Domestic Product. Therefore, a country that wishes to achieve economic milestones should be in a position to change its monetary policies so as to control important factors such as the rate of inflation. Changing these policies gives the country full control over various nominal variables such as the exchange rate and money supply so as to increase the rate of economic growth especially with regard to imports and exports. As a result, the monetary policies set by a country have consequences on the economic growth of that country.
Author | : Timothy J. Bartik |
Publisher | : |
Total Pages | : 0 |
Release | : 1991 |
Genre | : Economic development |
ISBN | : 9780880991131 |
Download Who Benefits from State and Local Economic Development Policies? Book in PDF, ePub and Kindle