Author: Craig Burnside
Publisher: World Bank Publications
ISBN: 9780821358740
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.
Fiscal Sustainability in Theory and Practice
Author: Craig Burnside
Publisher: World Bank Publications
ISBN: 9780821358740
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.
Publisher: World Bank Publications
ISBN: 9780821358740
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.
Fiscal Federalism in Theory and Practice
Author: Mrs.Teresa Ter-Minassian
Publisher: International Monetary Fund
ISBN: 9781557756633
Category : Business & Economics
Languages : en
Pages : 1146
Book Description
Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that the decentralization of spending responsibilities can entail substantial gains in terms of distributed equity and macroeconomic management. The papers in this volume, edited by Teresa Ter-Minassian, examine the validity of these views in light of theoretical considerations, as well as the experience of a number of countries.
Publisher: International Monetary Fund
ISBN: 9781557756633
Category : Business & Economics
Languages : en
Pages : 1146
Book Description
Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that the decentralization of spending responsibilities can entail substantial gains in terms of distributed equity and macroeconomic management. The papers in this volume, edited by Teresa Ter-Minassian, examine the validity of these views in light of theoretical considerations, as well as the experience of a number of countries.
Sustainable Fiscal Policy and Economic Stability
Author: Philippe Burger
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
The public debt/GDP ratio in several countries showed the largest ever peacetime increase during the last 20 years of the 20th century, thereby causing widespread fiscal unsustainability. Towards the latter half of the 1990s, several governments initiated steps to reverse this trend, however, they frequently found that their policies were not always successful. This book examines why. that merely running a primary surplus to restore fiscal sustainability will not always work. In effect, governments may simply shift the problem to other sectors of the economy, therby creating economic instability. By linking the budget constraints of govenment and non-governmental agents at a macroeconomic level, the author's framework allows him to measure how changes to the budget of one economic sector are transferred to the budgetary position of another sector. By taking account of thes sectoral balance effects, as well as the role of uncertainty and expectations, the book develops a set of rules for the maintnance of fiscal sustainability and economic stability. position of fiscal sustainability, this book should be useful for economists and academic working on fiscal and macroeconomic policy, especially from a Post-Keynesian perspective, and policymakers interested in ensuring economic and fiscal stability.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
The public debt/GDP ratio in several countries showed the largest ever peacetime increase during the last 20 years of the 20th century, thereby causing widespread fiscal unsustainability. Towards the latter half of the 1990s, several governments initiated steps to reverse this trend, however, they frequently found that their policies were not always successful. This book examines why. that merely running a primary surplus to restore fiscal sustainability will not always work. In effect, governments may simply shift the problem to other sectors of the economy, therby creating economic instability. By linking the budget constraints of govenment and non-governmental agents at a macroeconomic level, the author's framework allows him to measure how changes to the budget of one economic sector are transferred to the budgetary position of another sector. By taking account of thes sectoral balance effects, as well as the role of uncertainty and expectations, the book develops a set of rules for the maintnance of fiscal sustainability and economic stability. position of fiscal sustainability, this book should be useful for economists and academic working on fiscal and macroeconomic policy, especially from a Post-Keynesian perspective, and policymakers interested in ensuring economic and fiscal stability.
Indicators of Fiscal Sustainability
Author: Ms.Jocelyn Horne
Publisher: International Monetary Fund
ISBN: 1451842082
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper assesses the usefulness of summary measures of fiscal sustainability for the purpose of multilateral surveillance. An overview of the main conceptual issues is first presented. Next, an assessment is made of the strengths and weaknesses of the summary measures in the context of their recent application to industrial countries by the OECD and the Fund. The measures are shown to highlight the inadequacy of using trends in public debt ratios to assess sustainability. However, the measures and their recent application are subject to a number of caveats, in particular in relation to their sensitivity to the discount rate, time paths of government expenditures and private sector behavior.
Publisher: International Monetary Fund
ISBN: 1451842082
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper assesses the usefulness of summary measures of fiscal sustainability for the purpose of multilateral surveillance. An overview of the main conceptual issues is first presented. Next, an assessment is made of the strengths and weaknesses of the summary measures in the context of their recent application to industrial countries by the OECD and the Fund. The measures are shown to highlight the inadequacy of using trends in public debt ratios to assess sustainability. However, the measures and their recent application are subject to a number of caveats, in particular in relation to their sensitivity to the discount rate, time paths of government expenditures and private sector behavior.
Financial Sustainability for Nonprofit Organizations
Author: Emmanuel Jean-François
Publisher: Springer Publishing Company
ISBN: 0826129838
Category : Business & Economics
Languages : en
Pages : 382
Book Description
Print+CourseSmart
Publisher: Springer Publishing Company
ISBN: 0826129838
Category : Business & Economics
Languages : en
Pages : 382
Book Description
Print+CourseSmart
Government Budgeting and Expenditure Controls
Author: A. Premchand
Publisher: International Monetary Fund
ISBN: 9780939934256
Category : Business & Economics
Languages : en
Pages : 556
Book Description
This book, written by A. Premchand, offers a comprehensive review of fiscal policies and their implications for budgeting and expenditure controls. It provides an in-depth discussion of techniques, procedures, and processes of budgeting with illustrative material drawn from the experiences of industrial and developing countries.
Publisher: International Monetary Fund
ISBN: 9780939934256
Category : Business & Economics
Languages : en
Pages : 556
Book Description
This book, written by A. Premchand, offers a comprehensive review of fiscal policies and their implications for budgeting and expenditure controls. It provides an in-depth discussion of techniques, procedures, and processes of budgeting with illustrative material drawn from the experiences of industrial and developing countries.
Urban Sustainability in Theory and Practice
Author: Paul James
Publisher: Routledge
ISBN: 1317658361
Category : Business & Economics
Languages : en
Pages : 283
Book Description
Cities are home to the most consequential current attempts at human adaptation and they provide one possible focus for the flourishing of life on this planet. However, for this to be realized in more than an ad hoc way, a substantial rethinking of current approaches and practices needs to occur. Urban Sustainability in Theory and Practice responds to the crises of sustainability in the world today by going back to basics. It makes four major contributions to thinking about and acting upon cities. It provides a means of reflexivity learning about urban sustainability in the process of working practically for positive social development and projected change. It challenges the usually taken-for-granted nature of sustainability practices while providing tools for modifying those practices. It emphasizes the necessity of a holistic and integrated understanding of urban life. Finally it rewrites existing dominant understandings of the social whole such as the triple-bottom line approach that reduce environmental questions to externalities and social questions to background issues. The book is a much-needed practical and conceptual guide for rethinking urban engagement. Covering the full range of sustainability domains and bridging discourses aimed at academics and practitioners, this is an essential read for all those studying, researching and working in urban geography, sustainability assessment, urban planning, urban sociology and politics, sustainable development and environmental studies.
Publisher: Routledge
ISBN: 1317658361
Category : Business & Economics
Languages : en
Pages : 283
Book Description
Cities are home to the most consequential current attempts at human adaptation and they provide one possible focus for the flourishing of life on this planet. However, for this to be realized in more than an ad hoc way, a substantial rethinking of current approaches and practices needs to occur. Urban Sustainability in Theory and Practice responds to the crises of sustainability in the world today by going back to basics. It makes four major contributions to thinking about and acting upon cities. It provides a means of reflexivity learning about urban sustainability in the process of working practically for positive social development and projected change. It challenges the usually taken-for-granted nature of sustainability practices while providing tools for modifying those practices. It emphasizes the necessity of a holistic and integrated understanding of urban life. Finally it rewrites existing dominant understandings of the social whole such as the triple-bottom line approach that reduce environmental questions to externalities and social questions to background issues. The book is a much-needed practical and conceptual guide for rethinking urban engagement. Covering the full range of sustainability domains and bridging discourses aimed at academics and practitioners, this is an essential read for all those studying, researching and working in urban geography, sustainability assessment, urban planning, urban sociology and politics, sustainable development and environmental studies.
Sustainability and Law
Author: Volker Mauerhofer
Publisher: Springer Nature
ISBN: 3030426300
Category : Law
Languages : en
Pages : 756
Book Description
The book discusses sustainability and law in a multifaceted way. Together, sustainability and law are an emerging challenge for research and science. This volume contributes through an interdisciplinary concept to its further exploration. The contributions explore this exciting domain with innovative ideas and replicable approaches. It combines a variety of authors, from both the public and the private sectors, and thereby guarantees a broad view that enshrines the more theoretical arguments from the academic side as well as stronger practical applicable perspectives. The book provides space for thoughtful expansions of established theories as well as the hopeful emergence of innovative ideas. Moreover, the combination of three to five contributions into the eleven parts respectively aims toward a compression of like minded thoughts. This should lead to an intensification of exchange of viewpoints from different angles on a similar theme. Readers therefore also have the opportunity to concentrate on single chapters, but receive comprised knowledge and a variety of thoughts for new ideas on a particular theme.
Publisher: Springer Nature
ISBN: 3030426300
Category : Law
Languages : en
Pages : 756
Book Description
The book discusses sustainability and law in a multifaceted way. Together, sustainability and law are an emerging challenge for research and science. This volume contributes through an interdisciplinary concept to its further exploration. The contributions explore this exciting domain with innovative ideas and replicable approaches. It combines a variety of authors, from both the public and the private sectors, and thereby guarantees a broad view that enshrines the more theoretical arguments from the academic side as well as stronger practical applicable perspectives. The book provides space for thoughtful expansions of established theories as well as the hopeful emergence of innovative ideas. Moreover, the combination of three to five contributions into the eleven parts respectively aims toward a compression of like minded thoughts. This should lead to an intensification of exchange of viewpoints from different angles on a similar theme. Readers therefore also have the opportunity to concentrate on single chapters, but receive comprised knowledge and a variety of thoughts for new ideas on a particular theme.
Generational Accounting
Author: Holger Bonin
Publisher: Springer Science & Business Media
ISBN: 3662045958
Category : Political Science
Languages : en
Pages : 270
Book Description
Among the concepts used to assess the sustainability of fiscal policy in a changing demographic environment, generational accounting has become the most prominent. This book gives a complete and up-to-date introduction to the theory and practice of the method. It reveals deficiencies of the original residual concept and discusses various measures of intergenerational redistribution based on the recent sustainability approach to generational accounting. An application using data on German public finances serves to provide an in-depth explanation and practical illustration of the technique. The study develops new procedures to evaluate the fiscal externalities of migration and the redistribution of net wealth among living generations resulting from Social Security reform. The book is an indispensable source of reference for analysts employing generational accounting and for those wishing to study intertemporal redistribution through fiscal policy.
Publisher: Springer Science & Business Media
ISBN: 3662045958
Category : Political Science
Languages : en
Pages : 270
Book Description
Among the concepts used to assess the sustainability of fiscal policy in a changing demographic environment, generational accounting has become the most prominent. This book gives a complete and up-to-date introduction to the theory and practice of the method. It reveals deficiencies of the original residual concept and discusses various measures of intergenerational redistribution based on the recent sustainability approach to generational accounting. An application using data on German public finances serves to provide an in-depth explanation and practical illustration of the technique. The study develops new procedures to evaluate the fiscal externalities of migration and the redistribution of net wealth among living generations resulting from Social Security reform. The book is an indispensable source of reference for analysts employing generational accounting and for those wishing to study intertemporal redistribution through fiscal policy.
Handbook of Research on Theory and Practice of Global Islamic Finance
Author: Rafay, Abdul
Publisher: IGI Global
ISBN: 1799802205
Category : Business & Economics
Languages : en
Pages : 888
Book Description
As an emerging global phenomenon, Islamic economics and the financial system has expanded exponentially in recent decades. Many components of the industry are still unknown, but hopefully, the lack of awareness will soon be stilled. The Handbook of Research on Theory and Practice of Global Islamic Finance provides emerging research on the latest global Islamic economic practices. The content within this publication examines risk management, economic justice, and stock market analysis. It is designed for financiers, banking professionals, economists, policymakers, researchers, academicians, and students interested in ideas centered on the development and practice of Islamic finance.
Publisher: IGI Global
ISBN: 1799802205
Category : Business & Economics
Languages : en
Pages : 888
Book Description
As an emerging global phenomenon, Islamic economics and the financial system has expanded exponentially in recent decades. Many components of the industry are still unknown, but hopefully, the lack of awareness will soon be stilled. The Handbook of Research on Theory and Practice of Global Islamic Finance provides emerging research on the latest global Islamic economic practices. The content within this publication examines risk management, economic justice, and stock market analysis. It is designed for financiers, banking professionals, economists, policymakers, researchers, academicians, and students interested in ideas centered on the development and practice of Islamic finance.