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Fiscal Policy and Macroeconomic Imbalances

Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014

The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...

Persistent link: https://www.econbiz.de/10011277938

The Political Economy of Fiscal Consolidation

Price, Robert W.R. - Economics Department, Organisation de Coopération et … - 2010

imprecision about which debt targets should be pursued. It then examines the evidence regarding the exogenous and policy …

Persistent link: https://www.econbiz.de/10008587587

Sustaining the Momentum of Fiscal Reform in Hungary

Forthun, Colin; Hagemann, Robert P. - Economics Department, Organisation de Coopération et … - 2010

Hungary has faced a considerable challenge to regain credibility following persistent and high fiscal deficits. Efforts during recent years have produced substantial results. The fiscal deficit has been brought down significantly and, despite the recession, fiscal consolidation has continued to...

Persistent link: https://www.econbiz.de/10008642473

Managing Banking Crises in Latin America: The Do's and Don'ts of Successful Bank Restructuring Programs

Rojas-Suárez, Liliana; Weisbrod, Steven R. - Inter-American Development Bank - 1996

This paper focuses on the design of successful bank restructuring programs in Latin America, a region where banking crises have been frequent in the past two decades. In each episode, Latin American policymakers have had to act under the severe constraints imposed on developing countries, which...

Persistent link: https://www.econbiz.de/10010944313

A closer look at subnational government finances

Olsson, Hans; Catz, Julia - 2023

the financial crisis affected deficit figures. In the next section, the change in government debt is examined as a … authors assess which part of subnational government debt is held by other subsectors of government and go on to examine the … financial assets held by subnational governments and their net financial worth. Has higher debt eroded subnational governments …

Persistent link: https://www.econbiz.de/10014327941

Expenditure reform in industralised countries: a case study approach

Hauptmeier, Sebastian; Heipertz, Martin; Schuknecht, Ludger - 2006

This study examines reforms of public expenditure in industrialised countries over the past two decades. We distinguish ambitious and timid reformers and analyse in detail reform experiences in eight case studies of ambitious reform episodes. We find that ambitious reform countries reduce...

Persistent link: https://www.econbiz.de/10010297821

Fiscal consolidation in Poland and it's economic consequences after the crisis 2008

Ciep±ucha, Mateusz - In: Journal of Contemporary Economic and Business Issues 3 (2016) 2, pp. 61-73

The paper focuses on public finance and the aspect of fiscal consolidation in Poland as economic consequences after the financial crisis in 2008. The study assumes that there is a wide range of needs for fiscal consolidation implementation in European post-crisis countries. Budgets of the vast...

Persistent link: https://www.econbiz.de/10011984737

Expenditure reform in industrialised countries: a case study approach

Hauptmeier, Sebastian; Heipertz, Martin; Schuknecht, Ludger - 2006

Persistent link: https://www.econbiz.de/10011604680

Some Potential Linkages for Input-Output Analysis with Flow-of-Funds

Klein, Lawrence - In: Economic Systems Research 15 (2003) 3, pp. 269-277

the interest rate structure over various maturities of debt associated with a given degree of risk. In contrast, the FF … accounts throw light on the whole spectrum of interest rates, across maturities and debt qualities. For example, in analysis of …

Persistent link: https://www.econbiz.de/10005485002

Fiscal austerity, the Great Recession and the rise of new dictatorships

Bougrine, Hassan - In: Review of Keynesian Economics 1 (2012), pp. 109-125

Austerity measures have been tested in developing countries for several decades under the pseudo name of â€˜structural adjustment programmesâ€™ following the recommendations and under the supervision of the World Bank (WB) and the International Monetary Fund (IMF). Evidence indicates...

Persistent link: https://www.econbiz.de/10011133445