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Composition of Government Expenditure, Human Capital Accumulation, and Welfare

Matovu, John - International Monetary Fund (IMF) - 2000

affects human capital, and infrastructure expenditures that affect productivity. The paper finds that social expenditures lead … alternative scenarios of government expenditure and tax financing. Two expenditure types are considered: social spending that … to higher economic growth depending on the form of financing; young generations benefit most from social spending …

Persistent link: https://www.econbiz.de/10005768921

Aging; Some Pleasant Fiscal Arithmetic

Hauner, David - International Monetary Fund (IMF) - 2005

Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This paper examines how total expenditure would develop under four policy rules on public expenditure growth. Some simple arithmetic of expenditure, GDP, and population is reviewed...

Persistent link: https://www.econbiz.de/10005826030

Medium-Term Budgetary Frameworks; Lessons for Austria From International Experience

Lundbäck, Erik J. - International Monetary Fund (IMF) - 2008

The Austrian government is about to introduce a new fiscal management framework. The first step is to introduce a medium-term budgetary framework, including an expenditure rule. The paper focuses on this first step. The purpose is to describe and evaluate the Austrian model in light of other...

Persistent link: https://www.econbiz.de/10005826033

Budget Rigidity and Expenditure Efficiency in Slovenia

Mattina, Todd D.; Gunnarsson, Victoria - International Monetary Fund (IMF) - 2007

achieving correspondingly better outcomes. Inefficiencies appear to stem from the financing mechanisms for social services …

Persistent link: https://www.econbiz.de/10005826042

Political Budget Cycles in Papua New Guinea

Faal, Ebrima - International Monetary Fund (IMF) - 2007

this regard, electoral swings in fiscal deficits reflect a preference for influencing expenditures rather than taxation. …

Persistent link: https://www.econbiz.de/10005826270

The Role for Counter-Cyclical Fiscal Policy in Singapore

Eskesen, Leif Lybecker - International Monetary Fund (IMF) - 2009

Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand management, although the impact may be somewhat short lived. The short-lived impact could reflect...

Persistent link: https://www.econbiz.de/10005826280

Expenditure Ceilings: A Survey

Ljungman, Gösta - International Monetary Fund (IMF) - 2008

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...

Persistent link: https://www.econbiz.de/10005826284

Fiscal Adjustment in Transition Countries; Evidence From the 1990's

Purfield, Catriona - International Monetary Fund (IMF) - 2003

In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of adjustment, are important in transition economies. It finds that larger...

Persistent link: https://www.econbiz.de/10005826321

Indian Subnational Finances; Recent Performance

Prasad, A.; Kishore, Adarsh - International Monetary Fund (IMF) - 2007

States have created fiscal space through raising revenues and reducing and reprioritizing expenditures. Looking ahead …

Persistent link: https://www.econbiz.de/10005826330

Public Expenditure Management in Francophone Africa; A Cross-Country Analysis

Moussa, Yaya - International Monetary Fund (IMF) - 2004

There are strong similarities between the French and French-inspired African PEM systems in terms of the legal setting, rules, and procedures. However, there are differences in practice, particularly in accounting and reporting, audit, and external control. Among the African countries...

Persistent link: https://www.econbiz.de/10005826381