WELCOME TO THE LIBRARY!!!
What are you looking for Book "Fiscal Decentralization And Fiscal Policy Performance" ? Click "Read Now PDF" / "Download", Get it for FREE, Register 100% Easily. You can read all your books for as long as a month for FREE and will get the latest Books Notifications. SIGN UP NOW!
eBook Download
BOOK EXCERPT:
This paper explores the impact of fiscal decentralization on fiscal policy performance in a large sample of advanced and developing economies. The findings suggest that a larger share of decentralized expenditure is associated with a stronger fiscal balance; however, fiscal decentralization can lead to more pro-cyclical fiscal policy. Thus, the design and pace of fiscal decentralization need to be tailored to the specificities of the economy. Countries that have already established strong accountablity and budget management capacity at the local level can benefit from fiscal decentralization. In contrast, in economies prone to large volatility from internal and external shocks, the central government may need to retain a sufficient share of expenditure and revenue to conduct counter-cyclical policies. Finally, the pace of expenditure and revenue decentralization should be aligned.
Product Details :
Genre |
: Business & Economics |
Author |
: Moussé Sow |
Publisher |
: International Monetary Fund |
Release |
: 2017-03-24 |
File |
: 29 Pages |
ISBN-13 |
: 9781475588606 |
eBook Download
BOOK EXCERPT:
Fiscal rules binding on all levels can help sustain political commitment in countries having coalitions or fragmented regimes in power. Coordinating institutions help in the use of moral suasion to encourage a coordinated response. Industrial countries' experiences also show that unilaterally imposed federal controls and constraints on subnational governments typically do not work. Instead, societal norms based on fiscal conservatism such as the Swiss referenda and political activism of the electorate play important roles. Ultimately capital markets and bond-rating agencies provide more effective discipline on fiscal policy. In this context, it is important not to backstop state and local debt and not to allow ownership of the banks by any level of government. Transparency of the budgetary process and institutions, accountability to the electorate, and general availability of comparative data encourages fiscal discipline.
Product Details :
Genre |
: Federal government |
Author |
: Anwar Shah |
Publisher |
: World Bank Publications |
Release |
: 2005 |
File |
: 55 Pages |
ISBN-13 |
: |
eBook Download
BOOK EXCERPT:
On local government autonomy in Indonesia; collected articles.
Product Details :
Genre |
: Central-local government relations |
Author |
: Tri Ratnawati |
Publisher |
: |
Release |
: 2009 |
File |
: 304 Pages |
ISBN-13 |
: UOM:39015081867692 |
eBook Download
BOOK EXCERPT:
The Summer 2017 issue of the IMF Research Bulletin highlights new research such as recent IMF Working Papers and Staff Discussion Notes. The Research Summaries are “Structural Reform Packages, Sequencing, and the Informal Economy (by Zsuzsa Munkacsi and Magnus Saxegaard) and “A Broken Social Contract, Not High Inequality Led to the Arab Spring” (by Shantayanan Devarajan and Elena Ianchovichina). The Q&A section features “Seven Questions on Fintech” (by Tommaso Mancini-Griffoli). The Bulletin also includes information on recommended titles from IMF Publications and the latest articles from the IMF Economic Review.
Product Details :
Genre |
: Business & Economics |
Author |
: International Monetary Fund. Research Dept. |
Publisher |
: International Monetary Fund |
Release |
: 2017-08-11 |
File |
: 19 Pages |
ISBN-13 |
: 9781484315293 |
eBook Download
BOOK EXCERPT:
Federalism and Political Performance features a panel of international experts who compare the political performance of federal and non-federal states and evaluate the impact of different types of federation.
Product Details :
Genre |
: Political Science |
Author |
: Ute Wachendorfer-Schmidt |
Publisher |
: Routledge |
Release |
: 2005-08-08 |
File |
: 264 Pages |
ISBN-13 |
: 9781134601974 |
eBook Download
BOOK EXCERPT:
This Selected Issues paper provides an overview of social safety nets (SSNs) in Pakistan and uses a frontier analysis approach to assess their efficiency in reducing poverty and inequality. SSNs in Pakistan were significantly strengthened over time but remain small against regional and emerging markets’ averages. The analysis suggests that stepping up public expenditure in SSNs is needed to alleviate still high poverty and inequality. To this end, finalizing the update of the Benazir Income Support Program beneficiaries’ database, broadening its coverage, and stepping up educational transfers is key. In parallel, continuing the energy subsidies reform would create fiscal space to strengthen SSNs and priority social spending.
Product Details :
Genre |
: Business & Economics |
Author |
: International Monetary Fund. Middle East and Central Asia Dept. |
Publisher |
: International Monetary Fund |
Release |
: 2017-07-13 |
File |
: 71 Pages |
ISBN-13 |
: 9781484309766 |
eBook Download
BOOK EXCERPT:
This publication sets out a framework for analysing the performance of governments in developing countries, looking at the government as a whole and at local and municipal levels, and focusing on individual sectors that form the core of essential government services, such as health, education, welfare, waste disposal, and infrastructure. It draws lessons from performance measurement systems in a range of industrial countries to identify good practice around the world in improving public sector governance, combating corruption and making services work for poor people.
Product Details :
Genre |
: Business & Economics |
Author |
: World Bank |
Publisher |
: World Bank Publications |
Release |
: 2005 |
File |
: 276 Pages |
ISBN-13 |
: 0821361406 |
eBook Download
BOOK EXCERPT:
The question of what makes fiscal decentralization work is faced by many policymakers around the world. This book draws on both the relevant literature and policy and technical advice provided by the IMF to a wide range of member countries, and discusses the key factors that help make decentralization sustainable, efficient, and equitable from a macroeconomic perspective. It focuses on institutional reforms (in the revenue and expenditure assignments to different levels of government, the design of intergovernmental transfers, and public financial management systems) that are suited to different countries circumstances, and their appropriate sequencing.
Product Details :
Genre |
: Business & Economics |
Author |
: Ms.Annalisa Fedelino |
Publisher |
: International Monetary Fund |
Release |
: 2010-10-06 |
File |
: 114 Pages |
ISBN-13 |
: 9781589069855 |
eBook Download
BOOK EXCERPT:
Product Details :
Genre |
: Economic assistance, American |
Author |
: United States. Congress. House. Committee on Appropriations. Subcommittee on Foreign Operations, Export Financing, and Related Programs |
Publisher |
: |
Release |
: 2003 |
File |
: 1360 Pages |
ISBN-13 |
: STANFORD:36105050319875 |
eBook Download
BOOK EXCERPT:
Product Details :
Genre |
: |
Author |
: |
Publisher |
: |
Release |
: 2003 |
File |
: 1188 Pages |
ISBN-13 |
: UOM:39015090417109 |