Policy Instruments For Sound Fiscal Policies PDF Download
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| Author | : J. Ayuso-i-Casals |
| Publisher | : Springer |
| Total Pages | : 367 |
| Release | : 2009-08-14 |
| Genre | : Business & Economics |
| ISBN | : 0230271790 |
Download Policy Instruments for Sound Fiscal Policies Book in PDF, ePub and Kindle
This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy. Contributors are leading experts.
| Author | : Joaquim Ayuso-i-Casals |
| Publisher | : |
| Total Pages | : 400 |
| Release | : 2009 |
| Genre | : Business |
| ISBN | : 9781349552009 |
Download Policy Instruments for Sound Fiscal Policies Book in PDF, ePub and Kindle
This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy. Contributors are leading experts.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 63 |
| Release | : 2013-07-16 |
| Genre | : Business & Economics |
| ISBN | : 1498341497 |
Download The Functions and Impact of Fiscal Councils Book in PDF, ePub and Kindle
In recent years, a rapidly growing number of countries have established independent agencies aimed at promoting sound fiscal policies. Although these institutions vary greatly in terms of their remit, tasks, and institutional forms, they tend to share an explicit mandate enshrined in legislation, a “watchdog” role implying a direct contribution to the public debate on fiscal policy, and strict non-partisanship in their activities. Importantly, fiscal councils do not have the discretion to set policy instruments. Unlike independent central banks in the monetary policy area, they are only facilitators of sound fiscal public finances, not decision makers deliberately insulated from politics. Earlier IMF staff analysis of non-partisan fiscal agencies (IMF, 2005, expanded by Debrun, Hauner and Kumar, 2009) referred to the generic term of “fiscal council” to designate these institutions. A handful of similar bodies have been in place for a long time—mostly in advanced economies.
| 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.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 33 |
| Release | : 1998-03-01 |
| Genre | : Business & Economics |
| ISBN | : 1451844239 |
Download Coordination of Monetary and Fiscal Policies Book in PDF, ePub and Kindle
Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.
| Author | : Craig L. Johnson |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 320 |
| Release | : 2021-11-04 |
| Genre | : |
| ISBN | : 9781800370920 |
Download State and Local Financial Instruments Book in PDF, ePub and Kindle
The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This second edition of State and Local Financial Instruments covers the municipal securities market in the United States from the perspective of its primary capital financing role in a fiscal federalist system, where subnational governments are responsible for financing the nation's essential physical infrastructure. Using the latest financial research, the authors use data-driven analysis to inform current public policy debates regarding the future of subnational government debt finance. The theories, research and practical examples in the book illustrate the policies and practices that helped governments navigate through the COVID-19 pandemic, the financial crisis and great recession, and that contributed to government shipwrecks. The book is designed to help officials make good, sound fiscal choices in a fast changing, complex financial world entwined in a network of intermediaries, and within the constraints imposed by fiscal rules and institutions. This updated edition will be of interest to academics, students and researchers interested in economics, finance, international studies and public administration and policy. It is also an excellent reference tool for government officials, public policymakers and professionals working in finance.
| Author | : Management Association, Information Resources |
| Publisher | : IGI Global |
| Total Pages | : 2581 |
| Release | : 2019-09-06 |
| Genre | : Political Science |
| ISBN | : 1522598618 |
Download Open Government: Concepts, Methodologies, Tools, and Applications Book in PDF, ePub and Kindle
Open government initiatives have become a defining goal for public administrators around the world. As technology and social media tools become more integrated into society, they provide important frameworks for online government and community collaboration. However, progress is still necessary to create a method of evaluation for online governing systems for effective political management worldwide. Open Government: Concepts, Methodologies, Tools, and Applications is a vital reference source that explores the use of open government initiatives and systems in the executive, legislative, and judiciary sectors. It also examines the use of technology in creating a more affordable, participatory, and transparent public-sector management models for greater citizen and community involvement in public affairs. Highlighting a range of topics such as data transparency, collaborative governance, and bureaucratic secrecy, this multi-volume book is ideally designed for government officials, leaders, practitioners, policymakers, researchers, and academicians seeking current research on open government initiatives.
| Author | : Charles Wyplosz |
| Publisher | : Oxford University Press |
| Total Pages | : 678 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0198758103 |
Download Thirty Years of Economic Policy Book in PDF, ePub and Kindle
Over the last 30 years, Economic Policy has strived to produce policy relevant and rigorous analyses of the economic challenges of the time. This volume brings together a number of key articles which have been highly influential, shaping thinking among academic economists and policymakers.
| Author | : Francesca G Caselli |
| Publisher | : International Monetary Fund |
| Total Pages | : 39 |
| Release | : 2018-08-03 |
| Genre | : Business & Economics |
| ISBN | : 1484372999 |
Download Bunching at 3 Percent: The Maastricht Fiscal Criterion and Government Deficits Book in PDF, ePub and Kindle
This paper estimates the effects of the Maastricht treaty’s fiscal criterion on EU countries’ general government deficits. We combine treatment effects methods with bunching estimation, and find that the 3 percent deficit rule acts as a “magnet”, increasing the number of observations around the threshold, while reducing the occurrence of both large government deficits and surpluses. After the rule is adopted, the distribution of government deficits among EU countries displays 20 percent excess mass around the deficit ceiling compared to a counterfactual distribution in which countries have the same observable characteristics but without the fiscal rule. Most of the bunching response comes from a reduction in the number of high deficit observations. We also find that the average treatment effect on fiscal deficits is positive and statistically significant. Finally, we derive country-specific impacts under a rank invariance assumption and find that all EU countries have seen their fiscal position improve on average as a result of the deficit rule.
| Author | : Blanca Moreno-Dodson |
| Publisher | : World Bank Publications |
| Total Pages | : 285 |
| Release | : 2012-11-15 |
| Genre | : Business & Economics |
| ISBN | : 0821396315 |
Download Is Fiscal Policy the Answer? Book in PDF, ePub and Kindle
The effects of fiscal policy measures, both taxes and public spending, adopted by developing countries in response to the 2009 global crisis are still uncertain. This book discusses them using an analytical framework that allows for distilling possible implications on growth and social welfare.
