Budget deficits in the public debt in Sweden: the case for fiscal consolidation 1

Budget deficits in the public debt in Sweden: the case for fiscal consolidation 1 PDF Author: Desmond Lachman
Publisher:
ISBN:
Category :
Languages : fr
Pages :

Get Book Here

Book Description

Budget deficits in the public debt in Sweden: the case for fiscal consolidation 1

Budget deficits in the public debt in Sweden: the case for fiscal consolidation 1 PDF Author: Desmond Lachman
Publisher:
ISBN:
Category :
Languages : fr
Pages :

Get Book Here

Book Description


Budget deficits and the public debt in Sweden

Budget deficits and the public debt in Sweden PDF Author: Desmond Lachman
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 22

Get Book Here

Book Description


The Swedish Budget

The Swedish Budget PDF Author: Sweden. Finansdepartementet
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 128

Get Book Here

Book Description


Guidelines for Public Debt Management -- Amended

Guidelines for Public Debt Management -- Amended PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 149832892X
Category : Business & Economics
Languages : en
Pages : 39

Get Book Here

Book Description
NULL

Budget Deficits and the Public Debt in Sweden

Budget Deficits and the Public Debt in Sweden PDF Author: Desmond Lachman
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 28

Get Book Here

Book Description


Expansionary Austerity New International Evidence

Expansionary Austerity New International Evidence PDF Author: Mr.Daniel Leigh
Publisher: International Monetary Fund
ISBN: 1455294691
Category : Business & Economics
Languages : en
Pages : 41

Get Book Here

Book Description
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.

Public Debt Through the Ages

Public Debt Through the Ages PDF Author: Mr.Barry J. Eichengreen
Publisher: International Monetary Fund
ISBN: 1484392892
Category : Business & Economics
Languages : en
Pages : 60

Get Book Here

Book Description
We consider public debt from a long-term historical perspective, showing how the purposes for which governments borrow have evolved over time. Periods when debt-to-GDP ratios rose explosively as a result of wars, depressions and financial crises also have a long history. Many of these episodes resulted in debt-management problems resolved through debasements and restructurings. Less widely appreciated are successful debt consolidation episodes, instances in which governments inheriting heavy debts ran primary surpluses for long periods in order to reduce those burdens to sustainable levels. We analyze the economic and political circumstances that made these successful debt consolidation episodes possible.

Fiscal Policy after the Financial Crisis

Fiscal Policy after the Financial Crisis PDF Author: Alberto Alesina
Publisher: University of Chicago Press
ISBN: 022601844X
Category : Business & Economics
Languages : en
Pages : 596

Get Book Here

Book Description
The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.

Global Waves of Debt

Global Waves of Debt PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

Get Book Here

Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Transparency in Government Operations

Transparency in Government Operations PDF Author: Mr.J. D. Craig
Publisher: International Monetary Fund
ISBN: 155775697X
Category : Business & Economics
Languages : en
Pages : 50

Get Book Here

Book Description
Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.