Macroeconomic Management And The Devolution Of Fiscal Powers
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Macroeconomic Management And The Devolution Of Fiscal Powers
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Author : Paulo Flavio Nacif Drummond
language : en
Publisher: International Monetary Fund
Release Date : 2002-04
Macroeconomic Management And The Devolution Of Fiscal Powers written by Paulo Flavio Nacif Drummond 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 2002-04 with Business & Economics categories.
Several of the transition economies are devolving fiscal authority to subnational governments at a time when it is also important to consolidate fiscal policy. This can be problematic because, without appropriate care, the central government's ability to determine the level and structure of revenues, public spending, and borrowing may well diminish as fiscal policy is devolved. This paper focuses on how the center can maintain its ability to conduct fiscal policy while devolving revenue, spending, and borrowing powers to lower levels of government. Empirical evidence shows that countries with good governance have maintained fiscal control despite a high degree of fiscal devolution. And decentralization is associated with better fiscal outcomes for middle-income countries with strong governance. Fiscal management issues are explored in four key areas: budget coordination mechanisms at the macro level tax-effort incentives and revenue-sharing mechanisms expenditure control and hard-budget constraints and criteria and rules for borrowing.
Macroeconomic Management And The Devolution Of Fiscal Powers
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Author : Paulo Drummond
language : en
Publisher:
Release Date : 2002
Macroeconomic Management And The Devolution Of Fiscal Powers written by Paulo Drummond and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
Macroeconomic Management And The Devolution Of Fiscal Powers
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Author : Paulo Drummond
language : en
Publisher:
Release Date : 2006
Macroeconomic Management And The Devolution Of Fiscal Powers written by Paulo Drummond and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Several of the transition economies are devolving fiscal authority to subnational governments at a time when it is also important to consolidate fiscal policy. This can be problematic because, without appropriate care, the central governments ability to determine the level and structure of revenues, public spending, and borrowing may well diminish as fiscal policy is devolved. This paper focuses on how the center can maintain its ability to conduct fiscal policy while devolving revenue, spending, and borrowing powers to lower levels of government. Empirical evidence shows that countries with good governance have maintained fiscal control despite a high degree of fiscal devolution. And decentralization is associated with better fiscal outcomes for middle-income countries with strong governance. Fiscal management issues are explored in four key areas: budget coordination mechanisms at the macro level; tax-effort incentives and revenue-sharing mechanisms; expenditure control and hard-budget constraints; and criteria and rules for borrowing.
Intergovernmental Fiscal Relations And Macroeconomic Management In Large Countries
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Author :
language : en
Publisher: Allied Publishers
Release Date : 1994
Intergovernmental Fiscal Relations And Macroeconomic Management In Large Countries written by and has been published by Allied Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Economic policy categories.
Papers presented at the Senior Policy Seminar on Intergovernmental Fiscal Relations and Macroeconomic Management in Large Countires, held in New Delhi, February 26-28, 1991.
Macroeconomic Management And Fiscal Decentralization
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Author : Jayanta Roy
language : en
Publisher: World Bank Publications
Release Date : 1995-01-01
Macroeconomic Management And Fiscal Decentralization written by Jayanta Roy 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 1995-01-01 with Business & Economics categories.
Suggests guidelines by which developing countries can successfully manage the rapid surge in government revenues that occurs during a commodity boom. The book addresses the problems associated with such booms, including long-term spending commitments, Dutch disease, and a slowdown in diversification.
The Practice Of Fiscal Federalism
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Author : Anwar Shah
language : en
Publisher: McGill-Queen's Press - MQUP
Release Date : 2007-09-05
The Practice Of Fiscal Federalism written by Anwar Shah and has been published by McGill-Queen's Press - MQUP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-05 with Political Science categories.
Leading scholars and practitioners examine constitutional design and taxing, spending, and regulatory responsibilities at the federal, state/provincial, and local/municipal levels in Australia, Brazil, Canada, Germany, India, Malaysia, Nigeria, Russia, South Africa, Spain, Switzerland, and the United States. This volume also explores the effects of intergovernmental fiscal relations on securing economic unions and improving social welfare.
Fiscal Adjustment For Stability And Growth
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Author : Mr.James Daniel
language : en
Publisher: International Monetary Fund
Release Date : 2006-08-17
Fiscal Adjustment For Stability And Growth written by Mr.James Daniel 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 2006-08-17 with Business & Economics categories.
The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.
Fiscal Adjustment For Stability And Growth
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Author : International Monetary Fund. Fiscal Affairs Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2006-01-27
Fiscal Adjustment For Stability And Growth written by International Monetary Fund. Fiscal Affairs 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 2006-01-27 with Business & Economics categories.
This paper aims to inform policymakers, and other interested parties, about the IMF’s approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.
Hong Kong Public Budgeting
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Author : Brian C. H. Fong
language : en
Publisher: Springer Nature
Release Date : 2021-10-25
Hong Kong Public Budgeting written by Brian C. H. Fong and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-25 with Business & Economics categories.
This book is a comprehensive, scholarly account of Hong Kong Public Budgeting, spanning from the pre-1997 British rule to the post-1997 Chinese rule. Transcending the existing comparative budgeting studies which are either central-government focused or symmetric local-government focused, this book presents Hong Kong Public Budgeting as a distinctive case of territorial autonomy. It offers historical and comparative analyses of Hong Kong Public Budgeting, tracing the evolution of budgetary institutions and budgetary decision-making and examining the critical issues of budget openness, budget oversight, and budget allocation. This book will be of key interest to scholars and students of comparative budgeting studies. It will also be an excellent text for public budgeting instructors and students in East Asia and Hong Kong.
International Development Governance
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Author : Ahmed Shafiqul Huque
language : en
Publisher: Routledge
Release Date : 2017-09-25
International Development Governance written by Ahmed Shafiqul Huque and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-25 with Political Science categories.
The establishment of good governance is a major challenge for the developing world, along with the need to sustain the progress resulting from developmental efforts. Although there are numerous studies on the development and governance of emerging nations, few volumes make a serious effort to bring together these two critical concepts. International Development Governance combines the two concepts - development and governance - by examining the issues and problems faced by nations in their attempts to establish sustainable governance. This textbook also initiates discussions on the concept of development governance in an international context. The book fills the gap in existing literature by drawing upon the experience and expertise of scholars from a broad spectrum of knowledge. Their views explain the issues and problems with reference to a number of tools that could establish "development governance" and sustain it. The text offers in-depth examinations of developmental sectors, resulting in a textbook that will inspire future public officials, policy makers, and consultants to contribute to the betterment of life for citizens of developing countries.