Results 221 to 230 of about 14,175 (260)
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Understanding Fiscal Space

IMF Policy Discussion Papers, 2005
With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal
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Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies [PDF]

open access: possibleThe Economic Journal, 2013
How high can public debt rise without compromising fiscal solvency? We answer this question using a stochastic model of sovereign default in which risk-neutral investors lend to a government that displays ‘fiscal fatigue’, whereby its ability to increase primary balances cannot keep pace with rising debt. As a result, the government faces an endogenous
Atish R. Ghosh   +4 more
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Fiscal Space for Health in Uganda [PDF]

open access: possible, 2010
This report reviews performance of Uganda's health sector and assesses options for increasing total health spending and improving efficiency of health spending to improve health, nutrition, and population outcomes. Although Uganda's health outcomes are improving, the country is unlikely to achieve its national targets for health as well as the health ...
Peter Okwero   +4 more
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An assessment of fiscal space for health in Bhutan

The International Journal of Health Planning and Management, 2015
SummarySeveral factors are expected to put a strain on health financing in Bhutan. In a predominantly public‐financed healthcare, ensuring that the health system gains sufficient fiscal space to ensure the sustainability of its financing is a critical policy concern.
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Fiscal Space of Brazilian States

2013
We estimate the fiscal space of Brazilian States defined as the difference between a State's actual debt and the theoretical debt limit implied by the historical behavior of its policymakers. We estimate fiscal reaction functions and debt limits using publicly available data between 2000 and 2011 for the 26 Brazilian States and the Federal District ...
Fabiano Bastos, Emilio Pineda
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Making Fiscal Space Happen!

World Economics Journal, 2006
Debt relief and the scaling up of aid to low-income countries should allow for increased fiscal space for expenditure programs to spur long-term growth and reduce poverty. But as discussed in Peter Heller’s article “Pity the Finance Minister†(World Economics, Vol. 6, No.
Peter S. Heller   +5 more
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Fiscal Space in the Euro zone [PDF]

open access: possible, 2012
This paper uses data from 1995 to 2008 to estimate debt limits in the European Union countries derived from the budgetary responses to debt levels before the crisis. Based on work by the IMF (Ostry, 2010), we present our suggested approach and estimate the fiscal reaction functions and the implied critical debt levels of EU governments.
Frantisek Hajnovic, Juraj Zeman
openaire  

The Innovation Channel of Fiscal Space

SSRN Electronic Journal
<span>This paper examines the effects of shrinking fiscal space and the resulting fiscal consolidation on private and public expenditure in research and development (R&amp;D). In a sample of OECD countries, we find R&amp;D expenditure strongly influenced by the available fiscal space, with this relationship being particularly pronounced ...
Francesco Tomasone   +2 more
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Fiscal Space in the Arab Countries [PDF]

open access: possible, 2012
The paper on which this One Pager is based (Roy, Abu-Ismail and Ramos, 2011) suggests concrete policy options which would create the fiscal space needed for structural transformation. After analysing the fiscal constraints faced by different countries and country groupings in the region, the paper suggests policies to increase fiscal space for the ...
Khalid Abu-Ismail   +2 more
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