The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and...

The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and...

task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SDN will investigate the main drivers behind successful past debt reversals,...

While the occurrence of natural events can not be prevented, there is a possibility to reduce the vulnerability of populations through risk management. The IDB Action Plan for natural disaster risk reduction of 2000 included recommendations in two important areas: (i) planning with the purpose...

A pesar de que no es posible prevenir los desastres naturales, existe la posibilidad de reducir la vulnerabilidad de las poblaciones por medio de la gestión de riesgos. El Plan de Acción del BID para la reducción de riesgos de desastres de 2000 presentó recomendaciones en dos importantes...

While the occurrence of natural events can not be prevented, there is a possibility to reduce the vulnerability of populations through risk management. The IDB Action Plan for natural disaster risk reduction of 2000 included recommendations in two important areas: (i) planning with the purpose...

A pesar de que no es posible prevenir los desastres naturales, existe la posibilidad de reducir la vulnerabilidad de las poblaciones por medio de la gestión de riesgos. El Plan de Acción del BID para la reducción de riesgos de desastres de 2000 presentó recomendaciones en dos importantes...

Petroleum product subsidies have again started to increase with the rebound in international prices. This note reviews recent developments in subsidy levels and argues that reforming the policy framework for setting petroleum product prices is necessary to reduce the fiscal burden of these...