Fiscal Policy In Open Developing Economies

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Inflation In Emerging And Developing Economies

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Author : Jongrim Ha
language : en
Publisher: World Bank Publications
Release Date : 2019-01-03

Inflation In Emerging And Developing Economies written by Jongrim Ha 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 2019-01-03 with Business & Economics categories.

This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.

Fiscal Policy In Open Developing Economies

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Author : Mr.Vito Tanzi
language : en
Publisher: International Monetary Fund
Release Date : 1990-06-15

Fiscal Policy In Open Developing Economies written by Mr.Vito Tanzi 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 1990-06-15 with Business & Economics categories.

Based on papers presented at the 44th Congress of the international Institute of Public Finance, this book, edited by Vito Tanzi, deals with public finance and macroeconomic policy in open, developing economies, with case studies of Chile, Mexico, Turkey, Korea, and the Arab oil exporting countries.

Fiscal Policy In Underdeveloped Countries

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Author : Raja J. Chelliah
language : en
Publisher: Routledge
Release Date : 2010-11-26

Fiscal Policy In Underdeveloped Countries written by Raja J. Chelliah and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-26 with Business & Economics categories.

Originally published in 1960, with a second edition in 1969, this book is of special interest for having been the first systematic attempt to discuss problems of fiscal policy from the point of view of promoting economic growth in underdeveloped countries. It deals mainly with problems of tax policy, and outlines the economic principles by which the structure of taxation in developing economies can be constructed and evaluated. The work made a distinct contribution in the field of Development studies by reorienting the theory of fiscal policy originally developed in the economically advanced countries to the problems, requirements and institutional structure of an underdeveloped, over-populated country with a mixed enterprise system.

Slovenia

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Author : Mojmir Mrak
language : en
Publisher: World Bank Publications
Release Date : 2004-01-01

Slovenia written by Mojmir Mrak 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 2004-01-01 with Political Science categories.

Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.

Global Economic Prospects January 2019

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Author : World Bank
language : en
Publisher:
Release Date : 2019

Global Economic Prospects January 2019 written by World Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.

"Global economic prospects have darkened. Financing conditions have tightened, industrial production has moderated, and trade tensions remain elevated. The recovery in emerging market and developing economies has stalled, and some countries have experienced significant financial stress. Downside risks have increased, including the possibility of disorderly financial market movements and escalating trade disputes. It is thus critical to rebuild policy buffers while fostering potential growth by boosting human capital, promoting trade integration, and addressing informality. In addition to discussing global and regional economic developments and prospects, this edition of Global economic prospects includes a chapter on the challenges posed by informality and associated policy options. The report also contains pieces on the remarkable decline in EMDE inflation over the past four to five decades, rising debt vulnerabilities in low-income countries, and the implications of large spikes in food prices for poverty"--Back cover.

Industrial And Trade Policy Reform In Developing Countries

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Author : Ramesh Adhikari
language : en
Publisher: Manchester University Press
Release Date : 1992

Industrial And Trade Policy Reform In Developing Countries written by Ramesh Adhikari and has been published by Manchester University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.

Issues In Monetary And Fiscal Policy In Small Developing States

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Author : Anthony Birchwood
language : en
Publisher: Commonwealth Secretariat
Release Date : 2011-09-23

Issues In Monetary And Fiscal Policy In Small Developing States written by Anthony Birchwood and has been published by Commonwealth Secretariat this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-23 with Social Science categories.

This study examines how monetary and fiscal policies are implemented in Caribbean small states, tracing the differences and similarities in tax structure, current expenditure and current revenues. It shows the impact of monetary policy on inflation and the importance of exchange rate regimes to the effectiveness of monetary policy in the region. The authors show that fiscal stabilisation in the region is very low and as such countries within the region would benefit from insurance mechanisms and stabilisation funds.

Fiscal Reforms In The Least Developed Countries

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Author : Chandra K. Patel
language : en
Publisher: Edward Elgar Publishing
Release Date : 1997-01-01

Fiscal Reforms In The Least Developed Countries written by Chandra K. Patel and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-01-01 with Business & Economics categories.

The empirical research in this volume provides an analysis of the experience of the fiscal reforms carried out since the early 1980s in four different LDCs - Bangladesh, The Gambia, Malawi and the United Republic of Tanzania. The case studies examine the nature and budgetary impact of the fiscal reforms in these countries, assess the extent to which reforms have achieved their objectives and discuss the major obstacles to the success of fiscal reform.

Globalization And The Need For Fiscal Reform In Developing Countries Occasional Paper Siti Documento De Divulgaci N Ieci N 6

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Author : Vito Tanzi
language : en
Publisher: BID-INTAL
Release Date : 2004

Globalization And The Need For Fiscal Reform In Developing Countries Occasional Paper Siti Documento De Divulgaci N Ieci N 6 written by Vito Tanzi and has been published by BID-INTAL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Fiscal policy categories.

Fiscal Policy And Growth In The Middle East And North Africa Region

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Author : Ms.Sena Eken
language : en
Publisher: International Monetary Fund
Release Date : 1997-08-01

Fiscal Policy And Growth In The Middle East And North Africa Region written by Ms.Sena Eken 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 1997-08-01 with Business & Economics categories.

Establishing a policy framework to sustain high rates of growth is a major challenge facing the economies of the Middle East and North Africa. Given the strikingly dominant role of governments in these economies, this paper focuses on the contribution of fiscal consolidation and reform toward addressing this challenge. On the basis of an examination of fiscal structures, reform and adjustment efforts, and their growth implications during 1980-95, it concludes that the ongoing process of fiscal reform—aimed at reducing budget deficits, improving the budgetary structure, and enhancing the effectiveness of government interventions—is key to ensuring macroeconomic stability and fostering growth.