The Limits Of Fiscal Policy As An Instrument Of Economic Planning
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Author | : R. J. Loosmore |
Publisher | : |
Total Pages | : 0 |
Release | : 1948 |
Genre | : Finance |
ISBN | : |
Download The Limits of Fiscal Policy as an Instrument of Economic Planning Book in PDF, Epub and Kindle
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 257 |
Release | : 2015-04-20 |
Genre | : Business & Economics |
ISBN | : 1498344658 |
Download Fiscal Policy and Long-Term Growth Book in PDF, Epub and Kindle
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author | : Richard Hemming |
Publisher | : International Monetary Fund |
Total Pages | : 62 |
Release | : 2002-12 |
Genre | : Business & Economics |
ISBN | : |
Download The Effectiveness of Fiscal Policy in Stimulating Economic Activity Book in PDF, Epub and Kindle
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
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.
Author | : Walter W. Heller |
Publisher | : |
Total Pages | : 196 |
Release | : 1968 |
Genre | : Fiscal policy |
ISBN | : |
Download Fiscal Policy for a Balanced Economy Book in PDF, Epub and Kindle
Report on the use of fiscal policy as an instrument for maintaining economic balance. Study of the extent to which fiscal policy has been used in different countries (Belgium, France, Germany, Italy, Sweden, U.K. and U.S.A.); of the limitations, political and other, that have been found to its use; how far it would be possible and desirable to introduce changes which would increase the scope for fiscal policy; and of the general lessons to be drawn from a comparison of different countries' experiences.
Author | : Anthony J. Makin |
Publisher | : Palgrave Pivot |
Total Pages | : 0 |
Release | : 2018-06-07 |
Genre | : Political Science |
ISBN | : 9783319901572 |
Download The Limits of Fiscal Policy Book in PDF, Epub and Kindle
This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, with a focus on government spending. Following an overview on the post-crisis Keynesian revival and of the macro-foundations needed for subsequent analysis, different perspectives are expounded that highlight the failings of fiscal activism. These perspectives include extended loanable funds analysis, an expenditure-output related model incorporating money and exchange rates, and a dependent economy framework. The approaches are used to examine investment and net export crowding out effects and their implications for national income, and are then adapted to show the macroeconomic impact of different fiscal consolidation measures, revealing that the nature of fiscal repair is critical. A concluding chapter evaluates the nexus between budgetary policy and confidence, summarises the key failings of fiscal activism, and suggests fiscal policy goals. The book will appeal to university lecturers and researchers in macroeconomics and economists working in government and the private sector.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 33 |
Release | : 1998-03-01 |
Genre | : Business & Economics |
ISBN | : 1451844239 |
Download Coordination of Monetary and Fiscal Policies Book in PDF, Epub and Kindle
Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.
Author | : Dean T. Jamison |
Publisher | : World Bank Publications |
Total Pages | : 1449 |
Release | : 2006-04-02 |
Genre | : Medical |
ISBN | : 0821361805 |
Download Disease Control Priorities in Developing Countries Book in PDF, Epub and Kindle
Based on careful analysis of burden of disease and the costs ofinterventions, this second edition of 'Disease Control Priorities in Developing Countries, 2nd edition' highlights achievable priorities; measures progresstoward providing efficient, equitable care; promotes cost-effectiveinterventions to targeted populations; and encourages integrated effortsto optimize health. Nearly 500 experts - scientists, epidemiologists, health economists,academicians, and public health practitioners - from around the worldcontributed to the data sources and methodologies, and identifiedchallenges and priorities, resulting in this integrated, comprehensivereference volume on the state of health in developing countries.
Author | : Vito Tanzi |
Publisher | : CEPS |
Total Pages | : 18 |
Release | : 2006 |
Genre | : Fiscal policy |
ISBN | : 9290796510 |
Download Fiscal Policy Book in PDF, Epub and Kindle
Author | : Mr.Jack Diamond |
Publisher | : International Monetary Fund |
Total Pages | : 84 |
Release | : 1999-07-01 |
Genre | : Business & Economics |
ISBN | : 9781557757876 |
Download Guidelines for Public Expenditure Management Book in PDF, Epub and Kindle
Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.