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Lebanon is expected to have gas resources in its Mediterranean basin, and these could turn the country into a natural … gas producer over the next decade. Lebanon’s economy and institutions will thus need to adapt to the challenges and … opportunities that such change will bring. In this paper, we address how Lebanon’s fiscal framework will need to be reformulated to …
Persistent link: https://www.econbiz.de/10014411686
Persistent link: https://www.econbiz.de/10010441928
This paper traces the evolution of fiscal institutions of Resource Rich Arab Economies (RRAEs) over time since their pre-oil days, through the discovery of oil to their build-up of oil exports. It then identifies challenges faced by RRAEs and variations in their severity among the different...
Persistent link: https://www.econbiz.de/10014111464
This paper traces the evolution of fiscal institutions of Resource Rich Arab Economies (RRAEs) over time since their pre-oil days, through the discovery of oil to their build-up of oil exports. It then identifies challenges faced by RRAEs and variations in their severity among the different...
Persistent link: https://www.econbiz.de/10012910477
This paper traces the evolution of fiscal institutions of Resource-Rich Arab Economies (RRAEs) over time since their pre-oil days, through the discovery of oil to their build-up of oil exports. It then identifies challenges faced by RRAEs and variations in their severity among the different...
Persistent link: https://www.econbiz.de/10012851023
This paper investigates the relationship between the perceived Zimbabwean Fiscal Policy (FP) outcomes and the preferences of the people of Zimbabwe, resident in the city of Harare in the context of the Fiscal Policy Framework (FPF) of Zimbabwe. It looks at how people are aware and confident...
Persistent link: https://www.econbiz.de/10012866931
This paper will present the Modern Money Theory approach to government finance. In short, a national government that chooses its own money of account, imposes a tax in that money of account, and issues currency in that money of account cannot face a financial constraint. It can make all payments...
Persistent link: https://www.econbiz.de/10012102465
Ensuring high quality of public finances (QPF) with a view to supporting long-term economic growth has gained new urgency as the room for fiscal manoeuvre has shrunk in light of the current crisis. To more systematically analyse QPF and compare developments across countries and over time, a...
Persistent link: https://www.econbiz.de/10008516225
Improving the quality of public finances (QPF) has become a new focus for European policy makers. This focus is largely a response to preparing the European economies for the dual challenge of ageing populations and increased exposure to global competition. At the EU level, the Stability and...
Persistent link: https://www.econbiz.de/10008577516
While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and moved into fiscal territory. This text describes and summarises the crucial role played by the ECB in the intervention spiral resulting from its bid to manage the crisis. It also...
Persistent link: https://www.econbiz.de/10011845207