Collect More Spend Better
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Collect More Spend Better
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Author : Mr.Manuk Ghazanchyan
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-24
Collect More Spend Better written by Mr.Manuk Ghazanchyan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-24 with Business & Economics categories.
We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public investment profile is more favorable than front-loading capital spending because we assume governments are able to gradually learn how to invest more efficiently, accelerating public capital accumulation and therefore growth. We discuss the pros and cons of alternative financing options and identify the financing mix that generates the best macroeconomic outcome. Sometimes overlooked, improving the efficiency of revenue collection over time may ease the burden of fiscal adjustment, achieving higher GDP growth with substantially lower debt-to-GDP ratios, and will help policymakers efficiently meet the challenge of addressing large infrastructure gaps while maintaining debt sustainability.
What S Wrong With The Imf And How To Fix It
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Author : Bessma Momani
language : en
Publisher: John Wiley & Sons
Release Date : 2017-11-27
What S Wrong With The Imf And How To Fix It written by Bessma Momani and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-27 with Political Science categories.
The IMF stands at a crossroad. Derided as increasingly irrelevant in the first decade of the new millennium, the Fund has had its power and prestige restored by the fallout from the 2008 global financial crisis. But will the resurgent IMF assert a more just and sustainable macroeconomic model and provide a voice for poor and marginalized people around the globe? Or will enduring weaknesses within the IMF mean it fails to address these issues? In this book, Bessma Momani and Mark R. Hibben dissect the variables and institutional dynamics at play in IMF governance, surveillance, lending, and capacity development to expose the fundamental barriers to change. Identifying four areas that could “fix” the IMF, they show how these genuine and workable solutions can give the IMF the effectiveness and legitimacy it needs to positively shape twenty-first-century global governance and push back against volatile and regressive forces in the international political economy.
Routledge Handbook Of Peace Security And Development
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Author : Fen Osler Hampson
language : en
Publisher: Routledge
Release Date : 2020-06-04
Routledge Handbook Of Peace Security And Development written by Fen Osler Hampson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-04 with Political Science categories.
This Handbook offers a comprehensive examination of the peace, security, and development nexus from a global perspective, and investigates the interfaces of these issues in a context characterised by many new challenges. By bringing together more than 40 leading experts and commentators from across the world, the Handbook maps the various research agendas related to these three themes, taking stock of existing work and debates, while outlining areas for further engagement. In doing so, the chapters may serve as a primer for new researchers while also informing the wider scholarly community about the latest research trends and innovations. The volume is split into three thematic parts: Concepts and approaches New drivers of conflict, insecurity, and developmental challenges Actors, institutions, and processes. For ease of use and organisational consistency, each chapter provides readers with an overview of each research area, a review of the state of the literature, a summary of the major debates, and promising directions for future research. This Handbook will be of much interest to students of peace and conflict studies, development studies, security studies, and International Relations.
Global Outlook On Financing For Sustainable Development 2019 Time To Face The Challenge
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-11-12
Global Outlook On Financing For Sustainable Development 2019 Time To Face The Challenge written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-12 with categories.
The financing for sustainable development agenda promises to bring together more actors than ever before – from businesses, governments, philanthropists, and remitting households – to address the world’s most pressing problems and achieve the Sustainable Development Goals. Yet, in spite of this ...
Oecd Development Co Operation Peer Reviews European Union 2018
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-12-10
Oecd Development Co Operation Peer Reviews European Union 2018 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-10 with categories.
Among other issues, this review looks at how the European Union has shown leadership in forging global agreements on sustainable development and climate change, and suggests the enhancement of a whole of EU approach in focusing on poverty reduction and countries that are most in need.
Hc 342 Xi Eleventh Report Of Session 2015 16
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Author : Great Britain. Parliament. House of Commons. European Scrutiny Committee
language : en
Publisher: The Stationery Office
Release Date : 2015
Hc 342 Xi Eleventh Report Of Session 2015 16 written by Great Britain. Parliament. House of Commons. European Scrutiny Committee and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Political Science categories.
Oecd Development Policy Tools Equitable Framework And Finance For Extractive Based Countries In Transition Effect
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2022-11-15
Oecd Development Policy Tools Equitable Framework And Finance For Extractive Based Countries In Transition Effect written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-15 with categories.
How can fossil fuel producers and mineral-rich developing countries design realistic, just and cost-effective low-carbon transition pathways? Taking into account the heterogeneity of low-carbon trajectories, Equitable Framework and Finance for Extractive-based Countries in Transition (EFFECT) provides options for policy makers, industry and finance institutions in search of the answers.
Building Resilience To Natural Disasters An Application To Small Developing States
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Author : Ricardo Marto
language : en
Publisher: International Monetary Fund
Release Date : 2017-10-30
Building Resilience To Natural Disasters An Application To Small Developing States written by Ricardo Marto and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-30 with Business & Economics categories.
We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.
Investing In Public Infrastructure
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Author : Manoj Atolia
language : en
Publisher: International Monetary Fund
Release Date : 2017-05-04
Investing In Public Infrastructure written by Manoj Atolia and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-04 with Business & Economics categories.
Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are front-loaded for both types of investment, the growth benefits of schools accrue with a delay. To put things in perspective, with a “big push,” even assuming a large (15 percent) return differential in favor of schools, the government would still limit the fraction of the investment scale-up going to schools to about a half. Besides debt aversion, political myopia also turns out to be a crucial determinant of public investment composition. A “big push,” by accelerating growth outcomes, mitigates myopia—but at the expense of greater risks to fiscal and debt sustainability. Tied concessional financing and grants can potentially mitigate the adverse effects of both debt aversion and political myopia.
Republic Of Madagascar
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Author : International Monetary Fund. African Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2017-07-18
Republic Of Madagascar written by International Monetary Fund. African Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-18 with Business & Economics categories.
This Selected Issues paper surveys the economic costs of corruption in Madagascar, and provides a few ideas on how to advance anticorruption reforms. Madagascar’s governance indicators weakened significantly during the transition period 2009–13. Governance indicators that generally were on par with middle-income countries in Sub-Saharan Africa (SSA) ten years ago have regressed and converged to the average of fragile SSA countries. After the return of constitutional order in 2014, the government has started to address corruption, mainly through the introduction of new laws so far. More emphasis is needed on effective implementation and raising sufficient resources to fight corruption.