Results 11 to 20 of about 1,546,597 (310)
Governance and fiscal management
, 2017 This chapter contains a study of the relationship between governance and various dimensions of sustainable development; the study delves in detail into analysing the role of governance in improving fiscal management and contains a discussion of a range of policy options to improve the quality of governance in support of better fiscal management.
Paddison, Oliver, Gui-Diby, Steve Loris
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Trust in Government and Fiscal Adjustments [PDF]
SSRN Electronic Journal, 2013 The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation of relatively high growth, but based on a simple stylized model of government behavior the expectation is that mainly high trust ...
Weichenrieder, Alfons +2 more
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Government Investment and Fiscal Stimulus
IMF Working Papers, 2010 Effects of government investment are studied in an estimated neoclassical growth model. The analysis focuses on two dimensions that are critical for understanding government investment as a fiscal stimulus: implementation delays for building public capital and expected fiscal adjustments to deficit-financed spending.
Susan S. Yang +2 more
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Fiscal Decentralization and Governance [PDF]
Public Finance Review, 2010 The literature on the economics of fiscal decentralization stresses the potential for both positive and negative effects on governance in a country. Using a data set comprising sixty-four developed and developing economies and several different measures of fiscal decentralization, the authors find that countries in which a larger share of fiscal ...
Yener Altunbas, John Thornton
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What Blanchard gets wrong: The puzzling persistence of managerialism in EU fiscal governance
, 2021 The Covid-19 pandemic has prompted renewed debate over the architecture of Europe’s Economic and Monetary Union. In a recent blog post, "What Blanchard gets wrong: The puzzling persistence of managerialism in EU fiscal governance", Marco Dani, Dario ...
Dani, Marco +5 more
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Fiscal Imbalances and Fiscal Effort of Local Governments [PDF]
The B.E. Journal of Economic Analysis & Policy, 2019 Abstract This paper deals with an important issue in the field of fiscal federalism, the effect of fiscal imbalances on the behaviour of sub-central governments. We provide a simple theoretical model that considers the effect of both forms of fiscal imbalances on the fiscal effort of local governments.
Di Liddo G., Longobardi E., Porcelli F.
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Independent Fiscal Institutions as a Tool of Fiscal Governance
Equilibrium, 2014 The recent economic crisis, one of the symptoms of which is a sudden increase of public debt in the majority of OECD countries, again made the government and the society aware of the necessity for conducting transparent, but also responsible fiscal policy.
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Fiscal Sustainability Across Government Tiers [PDF]
International Economics and Economic Policy, 2008 This paper analyses how fiscal adjustment comes about when both central and sub-national governments are involved in consolidation. We test sustainability of public debt with a fiscal rule for both the federal and regional government. Results for the German Länder show that lower tier governments bear a relatively smaller part of the burden of debt ...
Peter Claeys +2 more
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Growth of government and the politics of fiscal policy [PDF]
Structural Change and Economic Dynamics, 2002 Abstract US government expenditures increased rapidly during the post-war period, then slowed in the 1980s and began falling in 1992. To examine the dynamics of the growth and subsequent reduction in government spending, we present a general equilibrium growth model in which politicians chose government spending to maximize support by their ...
Chetan Ghate, Paul J. Zak
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Adapting the EU Economic Governance to New Macroeconomic and Political Realities
Intereconomics, 2020 There was a widespread consensus on the need to modify fiscal rules in the EU even before the COVID-19 crisis. The aim of this article is to reflect on the reform of fiscal rules from a broader perspective, looking at three different dimensions: the ...
Raffaele Fargnoli
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