Fiscal Policy For Growth And Development In Tajikistan
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Fiscal Policy For Growth And Development In Tajikistan
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Author : Martin Brownbridge
language : en
Publisher: World Bank Publications
Release Date :
Fiscal Policy For Growth And Development In Tajikistan written by Martin Brownbridge and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Fiscal Policy For Growth And Development In Tajikistan
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Author : Martin Brownbridge
language : en
Publisher:
Release Date : 2016
Fiscal Policy For Growth And Development In Tajikistan written by Martin Brownbridge and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Tajikistan's economy has recovered strongly after the collapse of the 1990s, but sustaining rapid economic growth over the long term and reducing poverty present major challenges for policymakers. This paper contributes to the debate over the strategic role for fiscal policy to play in meeting these challenges, utilizing thequot;fiscal spacequot;approach to assess the long-term potential for expanding public provision of growth-promoting goods and services and evaluating the priorities for public spending. It also analyzes the long-term risks to fiscal sustainability, from external public debt and the quasi fiscal deficit of the electricity sector. The paper contends that institutional reforms in key areas, notably public financial management, tax administration, and the energy sector, are crucial for generating fiscal space and for ensuring that higher levels of public spending are translated into stronger economic growth and poverty reduction. The priorities for government spending should be education, health, and the maintenance of the core networks of the existing infrastructure for energy and transport, rather than new public investment projects.
Fiscal Policy For Growth And Development In Tajikistan
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Author : Martin Brownbridge
language : en
Publisher: World Bank Publications
Release Date :
Fiscal Policy For Growth And Development In Tajikistan written by Martin Brownbridge and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Tajikistan Export Import And Business Directory Volume 1 Strategic Information And Contacts
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Author : IBP, Inc.
language : en
Publisher: Lulu.com
Release Date : 2018-04-12
Tajikistan Export Import And Business Directory Volume 1 Strategic Information And Contacts written by IBP, Inc. and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-12 with Business & Economics categories.
2011 Updated Reprint. Updated Annually. Tajikistan Export-Import Trade and Business Directory
Fiscal Policy And Economic Growth
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Author : Cheryl Williamson Gray
language : en
Publisher: World Bank Publications
Release Date : 2007
Fiscal Policy And Economic Growth written by Cheryl Williamson Gray and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Political Science categories.
Worldwide experience highlights public finance policies that promote economic growth while meeting the need for fundamental public goods. Macroeconomic stability is essential, as large budget deficits retard growth, followed by moderate levels of public spending - around one-third of GDP or less - especially when governance and public administration are weak; that in turn requires efficiency, particularly in areas such as infrastructure, health, education, and social protection; finally, lower income and payroll tax rates can spur investment and employment. The Eastern European and Central Asia countries pioneered flat income taxes without generally suffering revenue losses as a result, but they have not addressed the problem of high payroll taxes and still face many hurdles in improving the efficiency and effectiveness of public spending and revenue generation.
Innovative Fiscal Policy And Economic Development In Transition Economies
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Author : Aleksandr Gevorkyan
language : en
Publisher: Routledge
Release Date : 2013-07-03
Innovative Fiscal Policy And Economic Development In Transition Economies written by Aleksandr Gevorkyan and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-03 with Business & Economics categories.
This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.
Inflation In Tajikistan
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Author : Svetlana Vtyurina
language : en
Publisher: International Monetary Fund
Release Date : 2010-01-01
Inflation In Tajikistan written by Svetlana Vtyurina 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 2010-01-01 with Business & Economics categories.
This paper attempts to explain short- and long-term dynamics of-and forecast-inflation in Tajikistan using the Vector Error Correction Model (VECM) and Autoregressive Moving Average Model (ARMA). By analyzing different transmission channels through the VECM, we were able to evaluate their relative dominance, magnitude, and speed of transition to the equilibrium price level, with the view of identifying those policy tools that will enhance the effectiveness of monetary policy. We found that excess supply of broad money is inflationary in both the short and long term. The dynamic analysis also demonstrates that the exchange rate and international inflation have a strong impact on local prices. Available monetary instruments, such as the refinancing rate, have proven to be ineffective. Therefore, the Tajik monetary authority could greatly benefit from enhancing its monetary instruments toolkit, including by developing the interest rate channel, to improve its monetary policy execution and to achieve stable inflationary conditions.
Republic Of Tajikistan
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Author : International Monetary Fund. Middle East and Central Asia Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2024-04-02
Republic Of Tajikistan written by International Monetary Fund. Middle East and Central Asia 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 2024-04-02 with Business & Economics categories.
Tajikistan’s economic performance remains favorable as remittance inflows and public investment continue to support domestic demand but there is uncertainty over the outlook in the context of heightened geopolitical tensions. Public debt is sustainable but sizeable investment needs constrain fiscal space, and the risk of debt distress remains high due to upcoming Eurobond repayments. Adherence to a deficit target of 2.5 percent of GDP is essential to anchor debt sustainability, while advancing reforms to increase space for priority social and development spending. The authorities have requested a twenty-two-month arrangement under the Policy Coordination Instrument (PCI) to anchor macroeconomic policies and foster inclusive growth. Staff supports the request for the new arrangement. The Letter of Intent and Program Statement set out policies to support the program’s objectives.
Asian Development Outlook
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Author :
language : en
Publisher:
Release Date : 2018
Asian Development Outlook written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Asia categories.
Republic Of Tajikistan
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2005-04-15
Republic Of Tajikistan written by International Monetary Fund 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 2005-04-15 with Business & Economics categories.
This paper examines Tajikistan’s 2004 Article IV Consultation and Fourth Review Under the Poverty Reduction and Growth Facility. Strengthened fiscal discipline and tighter monetary policy have reduced inflation from 40 percent in 2001 to 5.6 percent in 2004. Strong growth in tax revenues and continued expenditure restraint contributed to small fiscal surpluses during the past two years. Nonetheless, progress in a number of priority reform areas envisaged in the Poverty Reduction Strategy Paper has been slow. In particular, the business environment and public and private sector transparency and governance need to be strengthened further.