Smart Fiscal Consolidation
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Author | : Galina Kolev |
Publisher | : Wilfried Martens Centre for European Studies |
Total Pages | : 108 |
Release | : 2013-05-10 |
Genre | : Political Science |
ISBN | : 2930632291 |
Download Smart Fiscal Consolidation Book in PDF, Epub and Kindle
PDF downloadable for free from http://martenscentre.eu/publications/smart-fiscal-consolidation-strategy-achieving-sustainable-public-finances-and-growth Due to high government debt levels and the dangers of self-defeating austerity, smart fiscal consolidation measures are needed that foster economic growth. A thorough review of the relevant literature provides many useful insights. To regain credibility, a clearly communicated broad reform program (including structural reforms) is required. Targeting mainly public expenditures, rather than revenues, raises the chances of expansionary effects. The timing of consolidation should focus on adjustment in structural terms to leave room for automatic stabilisers. The main part of the study evaluates the impact of individual consolidation and fiscal reform measures on consolidation success, on economic growth (in the long and short term), and on social fairness.
Author | : Vybhavi Balasundharam |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 2023-03-17 |
Genre | : |
ISBN | : |
Download Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design Book in PDF, Epub and Kindle
Fiscal Consolidation: Taking Stock of Success Factors, Impact, and Design
Author | : Charles Tilley |
Publisher | : |
Total Pages | : 13 |
Release | : 2010 |
Genre | : Performance |
ISBN | : 9781859716595 |
Download New Public Sector Performance Management Book in PDF, Epub and Kindle
Author | : Juan Toro R. |
Publisher | : International Monetary Fund |
Total Pages | : 122 |
Release | : 2010-10-06 |
Genre | : Business & Economics |
ISBN | : 1455217611 |
Download From Stimulus to Consolidation Book in PDF, Epub and Kindle
This paper identifies policy tools that could be used for fiscal consolidation in advanced and emerging economies in the years ahead. The consolidation strategy, particularly in advanced countries, should aim to stabilize age-related spending in relation to GDP, reduce non-age-related expenditure ratios, and increase revenues. Bold reforms are needed to offset projected increases in age-related spending, particularly health care. On the revenue side, measures could include improving tax compliance, for example through better international cooperation, as well as increasing the yield from VAT by eliminating exemptions and reduced rates, further developing property taxes, and increasing excise rates within the range of rates already applicable in comparable countries.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 69 |
Release | : 2014-07-03 |
Genre | : Business & Economics |
ISBN | : 1498343678 |
Download Fiscal Policy and Income Inequality Book in PDF, Epub and Kindle
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Author | : IBP, Inc |
Publisher | : Lulu.com |
Total Pages | : 284 |
Release | : 2013-08 |
Genre | : Business & Economics |
ISBN | : 1433063506 |
Download Malta Recent Economic and Political Developments Yearbook Volume 1 Strategic Information and Developments Book in PDF, Epub and Kindle
2011 Updated Reprint. Updated Annually. Malta Recent Economic and Political Developments Yearbook
Author | : Stephane Hallegatte |
Publisher | : World Bank Publications |
Total Pages | : 227 |
Release | : 2015-11-23 |
Genre | : Business & Economics |
ISBN | : 1464806748 |
Download Shock Waves Book in PDF, Epub and Kindle
Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
Author | : IBP, Inc |
Publisher | : Lulu.com |
Total Pages | : 342 |
Release | : 2013-08 |
Genre | : Business & Economics |
ISBN | : 1438731523 |
Download Malta Foreign Policy and Government Guide Volume 1 Strategic Information, Programs and Developments Book in PDF, Epub and Kindle
2011 Updated Reprint. Updated Annually. Malta Foreign Policy and Government Guide
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 274 |
Release | : 2012-11-21 |
Genre | : |
ISBN | : 9264179453 |
Download Restoring Public Finances, 2012 Update Book in PDF, Epub and Kindle
This report gives an update on fiscal consolidation strategies across OECD member countries since last year.
Author | : Guillermo E. Perry |
Publisher | : World Bank Publications |
Total Pages | : 354 |
Release | : 2007-10-19 |
Genre | : Business & Economics |
ISBN | : 0821370855 |
Download Fiscal Policy, Stabilization, and Growth Book in PDF, Epub and Kindle
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.