Spend Now Pay Later Tax Smoothing And Fiscal Sustainability In South Asia
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Spend Now Pay Later Tax Smoothing And Fiscal Sustainability In South Asia
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1999-05-01
Spend Now Pay Later Tax Smoothing And Fiscal Sustainability In South Asia 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 1999-05-01 with Business & Economics categories.
This paper tests a version of Barro’s tax-smoothing model, which assumes intertemporal optimization by a government seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data for 1956-95 and 1964-97, respectively. The empirical results indicate that Pakistan’s fiscal behavior is consistent with tax smoothing, but not Sri Lanka’s. Moreover, fiscal behavior in both countries was dominated by a stagnation of revenues, large tax-tilting-induced deficits, and the consequent accumulation of excessive public liabilities. Analysis of the time-series characteristics of tax-tilting behavior indicates that for both countries the stock of public liabilities is unsustainable under unchanged fiscal policies.
Spend Now Pay Later Tax Smoothing And Fiscal Sustainability In South Asia
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Author : Paul Anthony Cashin
language : en
Publisher:
Release Date : 2006
Spend Now Pay Later Tax Smoothing And Fiscal Sustainability In South Asia written by Paul Anthony Cashin 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.
This paper tests a version of Barro`s tax-smoothing model, which assumes intertemporal optimization by a government seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data for 1956-95 and 1964-97, respectively. The empirical results indicate that Pakistan`s fiscal behavior is consistent with tax smoothing, but not Sri Lanka`s. Moreover, fiscal behavior in both countries was dominated by a stagnation of revenues, large tax-tilting-induced deficits, and the consequent accumulation of excessive public liabilities. Analysis of the time-series characteristics of tax-tilting behavior indicates that for both countries the stock of public liabilities is unsustainable under unchanged fiscal policies.
Research Activities Of The Imf January 1991 December 1999
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2000-01-01
Research Activities Of The Imf January 1991 December 1999 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 2000-01-01 with Business & Economics categories.
Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
India At The Crossroads Sustaining Growth And Reducing Poverty
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Author : Mr.Tim Callen
language : en
Publisher: International Monetary Fund
Release Date : 2001-02-15
India At The Crossroads Sustaining Growth And Reducing Poverty written by Mr.Tim Callen 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 2001-02-15 with Business & Economics categories.
The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges facing monetary policy in the face of financial market liberalization; and the benefits of structural reform and fiscal policy for growth, poverty, and the reduction of regional disparities.
Sri Lanka
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2002-09-26
Sri Lanka 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 2002-09-26 with Business & Economics categories.
This Selected Issues paper focuses on the fiscal position of Sri Lanka. The standard analysis shows that, prior to the adjustment announced in the 2002 budget, fiscal policy was clearly unsustainable, leading to a rising debt-to-GDP ratio. The paper looks at external debt and complements the analysis of the public debt dynamics. The baseline scenario shows that debt ratios decline significantly in the medium term, as a result of strong growth founded on renewed peace and political stability, far-reaching structural reforms, and stable macroeconomic conditions.
Cepal Review No 121 April 2017
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Author : United Nations Economic Commission for Latin America and the Caribbean
language : en
Publisher: United Nations
Release Date : 2017-10-23
Cepal Review No 121 April 2017 written by United Nations Economic Commission for Latin America and the Caribbean and has been published by United Nations this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-23 with Political Science categories.
Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of reforms and transfer of technology. Written in English and Spanish (Revista De La Cepal), each tri-annual issue brings you approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.
The Imf Financial Crisis And Repression Of Human Rights
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Author : Bumba Mukherjee
language : en
Publisher: Springer Nature
Release Date :
The Imf Financial Crisis And Repression Of Human Rights written by Bumba Mukherjee and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Economic Policy In Sri Lanka
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Author : Saman Kelegama
language : en
Publisher: SAGE
Release Date : 2004-12-08
Economic Policy In Sri Lanka written by Saman Kelegama and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-12-08 with Business & Economics categories.
Gamani Corea, b. 1925, Sri Lankan economist; contributed articles.
Financing Armed Conflict Volume 2
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Author : Thomas M. Meagher
language : en
Publisher: Springer
Release Date : 2017-02-08
Financing Armed Conflict Volume 2 written by Thomas M. Meagher and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-08 with Political Science categories.
This second part of a two-volume series examines in detail the financing of America’s major wars from the Spanish-American War to the Vietnam War. It interweaves analyses of political policy, military strategy and operations, and war finance and economic mobilization with examinations of the events of America’s major armed conflicts, offering useful case studies for students of military history and spending policy, policymakers, military comptrollers, and officers in training.
Proceedings Of Mac Emm 2015
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Author : collective of authors
language : en
Publisher: MAC Prague consulting
Release Date : 2015-08-06
Proceedings Of Mac Emm 2015 written by collective of authors and has been published by MAC Prague consulting this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-06 with Business & Economics categories.