Search Results - subject_exact:"Public finance"

Distributed public economics and decentralized

Papastaikoudis, Ioannis; Prodromídis, Pródromos-Ioánnis - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641678

South Sudan Public Finance Review : A Narrow Path to Recovery

2026

This Public Finance Review (PFR)—the first such assessment by the World Bank for South Sudan— aims to evaluate the state of the nation’s public finances and provide actionable recommendations to create fiscal space for public investment and service delivery while strengthening fiscal...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613950

Social security transfers and fiscal sustainability in Turkey : evidence from 1984-2024

Diler, Huriye Gonca; Barın, Nurgül E.; Özen, Ercan; … - 2026

Social security systems constitute a structurally significant component of public finance in developing economies and often generate persistent fiscal pressures through budgetary transfers. Demographic transformation, widespread informality in labor markets, and weaknesses in contribution-based...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015640526

Taxes, growth, and equity : the illusions of fiscal policy

Hira, Anil; Swartz, Tim; Cao, Jiguo - 2026

For over a century now, one of the central debates of economic policy has been around fiscal policy. Taxation and government spending have been a feature of most political campaigns, with one (more vocal) side claiming that taxation chokes economic growth and benefits special interests, while...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015643086

People, party or money? : determinants of local government infrastructure investment

Raffer, Christian; Rietzler, Katja - 2026

Drivers of local public infrastructure investment have preoccupied researchers for decades. In Germany, Europe's largest economy, there is an increasing awareness since deteriorating infrastructure quality seems to become a considerable risk for economic growth. In addition to fiscal...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015667289

Ghana Public Finance Review

2025

Ghana's development path, although registering past successes, faces a series of current and future challenges. Ghana succeeded inhalving its poverty rate between 1991 and 2016, from 87 percent (US$3.65 per day in 2017 purchasing power parity [PPP]) to about 50 percent of the population,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372308

Eswatini Public Finance Review

2025

Eswatini's fundamental policy challenge is to address the longstanding factors that have constrained growth and hindered broad-based improvements in living standards. Given the state's significant role in the economy, the build-up of macro imbalances, and slow improvements in social indicators,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372312

Croatia Subnational Public Finance Review

2025

The Subnational public finance report is the first in a series of World Bank reports that analyze local and regional government fiscal and financial developments in Croatia. The objective of this work is to offer policy advice on improving public service delivery in a fiscally efficient and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372410

Zimbabwe Public Finance Review

2025

How can Zimbabwe create the necessary fiscal space to absorb quasi-fiscal expenditures, reverse its upward trend in public debt, and support macroeconomic stability? Zimbabwe is faced with an unsustainable and growing stock of public debt. To service this debt, the Reserve Bank of Zimbabwe (RBZ)...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372421

The economic implications of the size of governments : an analysis of ten Caribbean countries

Hieroms, Raina - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015199695

Distributed optimization in public economics via decentralized public finance : a proposal for the spatial distribution of public goods and services

Papastaikoudis, Ioannis; Prodromídis, Pródromos-Ioánnis - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015420830

Cabo Verde Public Finance Review

2025

Cabo Verde has long been a story of economic success, but growth decelerated in the last decade and has become more volatile - with implications for fiscal performance. Economic growth and social indicators improved significantly after the country's independence from Portugal in 1975, driven by...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015424950

Fiscal capacity of German federal states : East-West gap narrows, but rich-poor divide grows

Deuverden, Kristina van - 2025

Even now, 35 years after German unification, the economic power and fiscal capacity of the eastern German federal states remain below average. In Germany's system of fiscal federalism, this leads to substantial financial transfers, a fact that repeatedly triggers political debate. Thereby, the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463753

Revisiting the revenue-spending nexus in the United States : a time-frequency perspective

Wang, Yu - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015464306

Guatemala Public Finance Review

2025

This Public Finance Review (PFR) is the first since 2013, and it complements other World Bank Group advisory support and analytics. The PFR updates the fiscal analysis with data from 2013 through 2023 and expands into areas not previously covered, such as revenues, fiscal risks, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015411926

Mongolia Public Finance Review

2025

This background note provides more detail on the key findings for the health sector from the forthcoming World Bank 2025 Mongolia Public Finance Review. It is intended for policymakers and practitioners who are interested to know more about the efficiency of health spending in Mongolia. It can...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015441481

Managing state budget available cash resources : case study of Poland

Misiąg, Wojciech; Misiąg, Jan - 2025

The aim of the paper is to review how free funds (available cash resources) are managed in the Polish state budget, to review the solutions used at the national and local levels in other countries and assess the quality of management in Polish conditions. Analysis of the budget available cash...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592612

Public spending and inequality : evidence from the origins of a national redistribution fund

Hansen, Casper Worm; Jensen, Peter Sandholt - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015551025

Direct democracy and state government finances

Heim, Rino; Marxer, Benedikt - 2025

This paper examines the causal impact of citizen-initiated ballot measures, defined as initiatives and veto referendums, on state government revenues and expenditures. Across U.S. states, direct democratic institutions have been introduced at different points in time, creating a setting that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015551306

Building expanded and resilient urban fiscal space in Africa : financial performance assessment report of Yaoundé

2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015531699

Informality, inflation, and fiscal progressivity in developing countries

Jaar, Daniel; Ritto, Joao - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015475146

Financing the commune : government spending and private capital in Siena (1200-1250)

Severgnini, Carlo Ludovico - 2025

The connection between public spending and the ambitions of urban elites is a common topic in the historiography of the late Middle Ages. However, it is still unclear how city finances and private capital interacted before the use of sophisticated financial systems of the late 13 th to early 14...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015398494

Local tax havens

Kochems, Johannes - 2025 - This version: October 30, 2025

This paper analyzes how (local) tax havens function. Using the German municipal business tax setting as a laboratory, I investigate the characteristics and emergence of local tax havens. I demonstrate that local tax havens are situated in close proximity to large agglomeration areas, while...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015533218

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Local tax havens

Kochems, Johannes - 2025

Book / Working Paper

Fiscally sustainable pensions in Pakistan

Khalid, Mahmood; Faraz, Naseem; Irum, Aisha - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015395687

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Fiscally sustainable pensions in Pakistan

Khalid, Mahmood; Faraz, Naseem; Irum, Aisha - 2023

Book / Working Paper

Fiscal sustainability of small and medium cities in India : some new dimensions

Bandyopadhyay, Simanti; Majumder, Subrata; Sharma, Aishna - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014575194

Colonialism on the cheap : the French empire 1830-1962

Cogneau, Denis; Dupraz, Yannick; Huillery, Elise; … - 2024

How much did France pay for its colonial empire? Did colonies benefit from large transfers from French taxpayers and private investors, or were they on the contrary drained of their capital? So far, Jacques Marseille (1984) was the only attempt to investigate these questions, by deducting from...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014552998

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Colonialism on the cheap: the French Empire 1830-1962

Cogneau, Denis; Dupraz, Yannick; Huillery, Elise; … - 2024

Book / Working Paper

The political economy of patent buyouts

Ahmad, Amal; Naeher, Dominik; Vollmer, Sebastian - 2024 - This version: August 2024

Incentivizing innovation through buyouts may alleviate the social costs associated with patent power, but the political economy and feasibility of this potentially important financing mechanism have been understudied. We study an international setting of countries with different innovation and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015065871

A scientific note on the Italian Mini BOTs and the proposal of the CCCFs

Saccal, Alessandro - 2024

This note shows that the Italian Mini BOTs proposed in 2019 bore the potential neither to become Italian legal tender nor to practically increase Italian government debt, but to practically cause a mere reduction in taxation and thence in government spending or transfers. Since the Eurozone...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015076228

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A scientific note on the Italian Mini BOTs and the proposal of the CCCFs

Saccal, Alessandro - 2024

Book / Working Paper

Lessons from China's fiscal policy during the COVID-19 pandemic

Huang, Tianlei - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014532296

The Swedish monetary system from a balance sheet perspective

Ehnts, Dirk; Ora, Jussi - 2024

In this paper, we discuss the balance sheet mechanics of the Swedish government. We examine spending, government bond purchases, and tax payments. As long as the Swedish central bank, which is created through Swedish laws, supports the Swedish central government, it cannot run out of money. The...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014449784

Inclusive economy and public finance : current state and principles of post-war recovery

Petrukha, Serhii; Konovalenko, Dmytro; Petrukha, Nina - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015152954

Cameroon Public Finance Review

2024

Developments over the past few years, which include the COVID-19 pandemic and subsequent polycrisis, conflict in several of Cameroon's regions, and fiscal consolidation, have left Cameroon in an extremely tight fiscal situation. The COVID-19 pandemic and the subsequent polycrisis have had averse...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015113906

Portfolio democracy

McCarthy, Michael A. - 2024

In this essay, I argue that Christophers' description of asset-manager society is best characterized by a logic of 'acquire and extract'. I build on his insights to delve into the less-explored world of emancipatory alternatives. I argue for radical transformations - what I term 'democratic...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015339762

Armenia Public Finance Review

2024

Armenia has made significant progress in its development journey by improving its ability towithstand shocks and becoming an upper-middle-income country in 2018. Armenia's GDP per capita more than doubled between 2017 and 2023, to USD 8,053 (current prices) despite several shocks including the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015179303

Fiscal reform in taxation : what is an optimal taxation system for the Republic of Kosovo?

Gjonlleshaj, Gjon K.; Kamberaj, Altina - 2024

This paper explores the Taxation system in the Republic of Kosovo. It researches the need and reasons for the optimal taxation system that the Republic of Kosovo should develop as part of the proposed Taxation reform (based on recommendation). The Republic of Kosovo is the newest country in...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015424149

Fiscal policy framework in a decarbonized future for resource-rich countries

Eyvaz-Zada, Elmir - 2024

In a world transitioning towards decarbonization, resource-rich countries (RRCs) face unique challenges in shaping their fiscal policy frameworks, necessitating significant adjustments. This paper analyzes the effects of decarbonization on the fiscal policies of RRCs, focusing on the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015554200

Do Democracy Vouchers help democracy?

Papich, Sarah - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014475237

Cambodia Public Finance Review

2024

During the last decade Cambodia succeeded in achieving significant domestic resource mobilization which in turn enabled a rapid expansion of social spending. During the next decade it should shift from spending more to spending better. This Public Finance Review (PFR) informs the next phase of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014579948

From fiscal rules to fiscal traffic lights : rethinking the UK fiscal framework

Zaranko, Ben - 2026

The central contention of this report is that the UK fiscal framework has some desirable features but is not delivering good outcomes. We are in a bad equilibrium. The UK's fiscal framework is based around a set of pass-fail, numerical fiscal rules. The fiscal debate is overly fixated on the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015606096

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From fiscal rules to fiscal traffic lights: Rethinking the UK fiscal framework

Zaranko, Ben - 2026

Book / Working Paper

Recent changes and the future outlook for Scottish Government funding

Brogaard, Martin; Phillips, David - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015608893

Recent changes and the future outlook for Welsh Government funding

Brogaard, Martin; Phillips, David - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652439

Public service spending and performance in Scotland

Brogaard, Martin; Domínguez, Magdalena; Harvey-Rich, Olly - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652442

Public service spending and performance in Wales

Brogaard, Martin; Domínguez, Magdalena; Harvey-Rich, Olly - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652446

Options for changing Plan 2 student loans: Costs, benefits and distributional effects

Ogden, Kate - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652455

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Options for changing Plan 2 student loans : costs, benefits and distributional effects

Ogden, Kate - 2026

Book / Working Paper

Foreign troops, local economies: The economic effects of US withdrawals from Germany

Kochems, Johannes; Schmidhäuser, Jakob - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654820

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Foreign troops, local economies: The economic effects of US withdrawals from Germany

Kochems, Johannes; Schmidhäuser, Jakob - 2026

Book / Working Paper

The smarter state? : artificial intelligence and modern state and local public finance

Agrawal, David R.; Fox, William F. - 2026

This paper examines how artificial intelligence (AI) reshapes subnational public finance, largely through familiar channels observed from prior technological change. Although some effects are novel, many issues surrounding the taxation of AI-related income and consumption parallel earlier...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654402

The EU fiscal framework and national fiscal rules : effects on budget balance dynamics

Lehtimäki, Jonne; Krämer, Robert - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654446

The political economy of non-compliance with the golden rule of public finance

Uchida, Yuki; Ono, Tetsuo - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015610944

Republic of Kazakhstan: State-Owned Enterprises, the Fiscal Stance, and Risks

Heng, Dyna - 2026

State-owned enterprises (SOEs) remain a cornerstone of Kazakhstan’s economy and growth model. However, SOEs’ quasi-fiscal activities conducted outside the fiscal framework obscure the overall fiscal stance, complicating macroeconomic management. This paper finds that the balance sheet...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612627

Bosnia and Herzegovina Public Finance Review : Fiscal Policy and Growth - Smart Revenue, Inclusive Spending

2026

The Public Finance Review (PFR) for Bosnia and Herzegovina (BiH) aims to support policymakers in strengthening medium-term fiscal frameworks and aligning fiscal policy with sustainable and inclusive growth. Against the backdrop of BiH’s highly decentralized governance structure, heightened...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613944