Distributional Aspects of Debt Adjustment

Distributional Aspects of Debt Adjustment PDF Author: Ishac Diwan
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 35

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Book Description

Distributional Aspects of Debt Adjustment

Distributional Aspects of Debt Adjustment PDF Author: Ishac Diwan
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 35

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Book Description


Distributional Effects of Adjustment Policies

Distributional Effects of Adjustment Policies PDF Author: François Bourguignon
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 41

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Book Description
Macroeconomic crises in the 1980s made it more difficult to design policies to alleviate poverty because of the need to stabilize the economy and promote restructuring that would ensure long- term growth.

Analytical Issues in Debt

Analytical Issues in Debt PDF Author: Mr.Peter Wickham
Publisher: International Monetary Fund
ISBN: 9781557750419
Category : Business & Economics
Languages : en
Pages : 430

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Book Description
This book, edited by Jacob A. Frenkel, Michael P. Dooley, and Peter Wickham, presents a sample of the work of the IMF and that of world-renowned scholars on the analytical issues surrounding the explosion of countries with debt-servicing difficulties and describes debt initiatives and debt-reduction techniques that hold the best promise for finding a lasting solution to the problems of debtor countries.

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

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Book Description
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Top Incomes

Top Incomes PDF Author: A. B. Atkinson
Publisher: Oxford University Press
ISBN: 0199286892
Category : Business & Economics
Languages : en
Pages : 799

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Book Description
This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.

A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates

A Practical Guide to Public Debt Dynamics, Fiscal Sustainability, and Cyclical Adjustment of Budgetary Aggregates PDF Author: Julio Escolano
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781462396955
Category :
Languages : en
Pages : 94

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Book Description
This paper presents a practical guide to public debt dynamics, fiscal sustainability, and cyclical adjustment of budgetary aggregates. The paper discusses fiscal formulas, which may be of practical use in fiscal analysis. The paper derives, respectively, the formulas for debt dynamics, and cyclical and inflation adjustment of budgetary aggregates. It discusses other relationships for special applications, and some practical implications and usage. The formulas related to debt dynamics are based on the assumption that changes in liabilities are the result of above-the-line budgetary operations.

Distributional Aspects of Energy and Climate Policies

Distributional Aspects of Energy and Climate Policies PDF Author: Mark A. Cohen
Publisher: Edward Elgar Publishing
ISBN: 1783470275
Category : Science
Languages : en
Pages : 397

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Book Description
Governments around the globe have begun to implement various actions to limit carbon emissions and so, combat climate change. This book brings together some of the leading scholars in environmental and climate economics to examine the distributional consequences of policies that are designed to reduce these carbon emissions. Whether through a carbon tax, cap-and-trade system or other mechanisms, most proposals to reduce carbon emissions include some kind of carbon pricing system Ð shifting the costs of emissions onto polluters and providing an incentive to find the least costly methods of abatement. This standard efficiency justification for pricing carbon also has important distributional consequences Ð a problem that is often ignored by economists while being a major focus of attention in the political arena. Leading scholars in environmental and climate economics take up these issues to examine such questions as: Will the costs fall on current or future generations? Will they fall on the rich, poor, middle class, or on everyone proportionally? Which countries will benefit, and which will suffer? Students and scholars interested in climate change, along with policy makers, will find this lively volume an invaluable addition to the quest for information on this globally important issue.

Lessons from the Heterodox Stabilization Programs

Lessons from the Heterodox Stabilization Programs PDF Author: Miguel Alberto Kiguel
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 45

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Book Description
Heterodox stabilization programs are more successful in chronic high inflation countries because only there can the benefits from achieving a rapid initial reduction in inflation outweigh the costs of tampering with price and wage controls. While the heterodox phase is effective in blocking inflation initially, success depends on a long- term commitment to the orthodox part of the program and the readiness to accept the unavoidable costs of disinflation.

Adjustment and Income Distribution

Adjustment and Income Distribution PDF Author: Francois Bourguignon
Publisher: World Bank Publications
ISBN:
Category : Ajuste economico
Languages : en
Pages : 53

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Book Description


Developing Country Debt and Economic Performance, Volume 3

Developing Country Debt and Economic Performance, Volume 3 PDF Author: Jeffrey D. Sachs
Publisher: University of Chicago Press
ISBN: 0226733211
Category : Business & Economics
Languages : en
Pages : 834

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Book Description
For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). This third volume contains lengthy and detailed case studies of four very different Asian countries—Turkey, Indonesia, Korea, and the Philippines.