Author: OECD
Publisher: OECD Publishing
ISBN: 9264985115
Category :
Languages : en
Pages : 87
Book Description
This report outlines the findings of a review of public investment processes in Bulgaria and provides recommendations for improving its effectiveness and efficiency.
OECD Public Governance Reviews Public Investment in Bulgaria Planning and Delivering Infrastructure
Author: OECD
Publisher: OECD Publishing
ISBN: 9264985115
Category :
Languages : en
Pages : 87
Book Description
This report outlines the findings of a review of public investment processes in Bulgaria and provides recommendations for improving its effectiveness and efficiency.
Publisher: OECD Publishing
ISBN: 9264985115
Category :
Languages : en
Pages : 87
Book Description
This report outlines the findings of a review of public investment processes in Bulgaria and provides recommendations for improving its effectiveness and efficiency.
OECD Multi-level Governance Studies Decentralisation and Regionalisation in Bulgaria Towards Balanced Regional Development
Author: OECD
Publisher: OECD Publishing
ISBN: 9264675027
Category :
Languages : en
Pages : 214
Book Description
Bulgaria has made solid progress in its territorial governance and socio-economic development. Yet, it has not been able to counteract large and increasing territorial disparities. Doing so will require addressing remaining structural challenges that may be limiting further transformation, government performance and regional resilience.
Publisher: OECD Publishing
ISBN: 9264675027
Category :
Languages : en
Pages : 214
Book Description
Bulgaria has made solid progress in its territorial governance and socio-economic development. Yet, it has not been able to counteract large and increasing territorial disparities. Doing so will require addressing remaining structural challenges that may be limiting further transformation, government performance and regional resilience.
Public Investment, Growth and Fiscal Constraints
Author: Massimo Florio
Publisher: Edward Elgar Publishing
ISBN: 9781849804776
Category : Business & Economics
Languages : en
Pages : 329
Book Description
This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It provides new data, policy evaluation, and offers national and regional perspectives. The core research questions are the effect of public investment in the context of macroeconomic disequilibrium and how it is possible to finance capital accumulation in the present and future conditions of mounting public sector debt. The contributors reveal that there is now a convincing case for public investment as an essential driver of convergence and growth in Europe. However, a new international and inter-generational fiscal pact to frame a more optimistic view of the role of government is needed. This book explores how public investment matters for growth, how fiscal conditions may support investment, and the role EU regional policy can have in terms of structural change and investment needs. Public Investment, Growth and Fiscal Constraints provides new data analyses on the EU New Member States in Central and Eastern Europe making it an essential tool for academics, students and practitioners interested in public finance and European Economics. The structural and public finance issues in these former transition economies raised in this book will also strongly appeal to policymakers, officials and consultants. The book is based on an independent research project of the University of Milan, supported by the European Investment Bank.
Publisher: Edward Elgar Publishing
ISBN: 9781849804776
Category : Business & Economics
Languages : en
Pages : 329
Book Description
This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It provides new data, policy evaluation, and offers national and regional perspectives. The core research questions are the effect of public investment in the context of macroeconomic disequilibrium and how it is possible to finance capital accumulation in the present and future conditions of mounting public sector debt. The contributors reveal that there is now a convincing case for public investment as an essential driver of convergence and growth in Europe. However, a new international and inter-generational fiscal pact to frame a more optimistic view of the role of government is needed. This book explores how public investment matters for growth, how fiscal conditions may support investment, and the role EU regional policy can have in terms of structural change and investment needs. Public Investment, Growth and Fiscal Constraints provides new data analyses on the EU New Member States in Central and Eastern Europe making it an essential tool for academics, students and practitioners interested in public finance and European Economics. The structural and public finance issues in these former transition economies raised in this book will also strongly appeal to policymakers, officials and consultants. The book is based on an independent research project of the University of Milan, supported by the European Investment Bank.
OECD Public Governance Reviews Integrity Framework for Public Investment
Author: OECD
Publisher: OECD Publishing
ISBN: 9264251766
Category :
Languages : en
Pages : 95
Book Description
Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption.
Publisher: OECD Publishing
ISBN: 9264251766
Category :
Languages : en
Pages : 95
Book Description
Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption.
Strengthening Public Expenditure Efficiency: Investment and Social Spending in Bulgaria
Author: Mr. Jean-Jacques Hallaert
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The scope for increasing public spending to meet Bulgaria’s development needs is limited by low revenue. Increasing the efficiency of spending is, therefore, crucial. This paper discusses how this can be achieved in four areas (public investment, social protection, health, and education). The methodology is based on a triple benchmarking. First, the level of public expenditure in each category is compared to other European countries. Second, the impact of spending is assessed against other European countries. Third, the input mix is analyzed to understand what components are responsible for the level of spending and for the quality of outcomes. Based on these results, the paper provides policy options for expenditure reform.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The scope for increasing public spending to meet Bulgaria’s development needs is limited by low revenue. Increasing the efficiency of spending is, therefore, crucial. This paper discusses how this can be achieved in four areas (public investment, social protection, health, and education). The methodology is based on a triple benchmarking. First, the level of public expenditure in each category is compared to other European countries. Second, the impact of spending is assessed against other European countries. Third, the input mix is analyzed to understand what components are responsible for the level of spending and for the quality of outcomes. Based on these results, the paper provides policy options for expenditure reform.
Capital Markets and Portfolio Investment
Author:
Publisher: Indonesia National Development Information Office
ISBN:
Category : Capital investments
Languages : en
Pages : 64
Book Description
Publisher: Indonesia National Development Information Office
ISBN:
Category : Capital investments
Languages : en
Pages : 64
Book Description
Bulgaria
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1484342100
Category : Business & Economics
Languages : en
Pages : 30
Book Description
This Selected Issues paper investigates the role of debt overhang in explaining weak nonfinancial corporate (NFC) investment in Bulgaria using firm-level data. The study confirms a negative association between measures of debt overhang and investment for Bulgarian NFCs using firm-level data. Bulgaria’s NFCs are the most leveraged among new member states. The findings suggest that high NFC debt overhang could be an important drag on investment. While credit demand is likely to pick up in line with economic activity, high NFC indebtedness could continue to stand in the way of corporate credit recovery. A possible direction for future work is to investigate the existence of different investment cycles across business activities/sectors, and their role in explaining the identified negative relationship. Policies that help reduce the corporate debt overhang could help boost credit and growth. Policy initiatives such as an efficient corporate debt restructuring framework and tax measures could help corporate deleveraging. The findings suggest that high corporate debt could be an important drag on investment.
Publisher: International Monetary Fund
ISBN: 1484342100
Category : Business & Economics
Languages : en
Pages : 30
Book Description
This Selected Issues paper investigates the role of debt overhang in explaining weak nonfinancial corporate (NFC) investment in Bulgaria using firm-level data. The study confirms a negative association between measures of debt overhang and investment for Bulgarian NFCs using firm-level data. Bulgaria’s NFCs are the most leveraged among new member states. The findings suggest that high NFC debt overhang could be an important drag on investment. While credit demand is likely to pick up in line with economic activity, high NFC indebtedness could continue to stand in the way of corporate credit recovery. A possible direction for future work is to investigate the existence of different investment cycles across business activities/sectors, and their role in explaining the identified negative relationship. Policies that help reduce the corporate debt overhang could help boost credit and growth. Policy initiatives such as an efficient corporate debt restructuring framework and tax measures could help corporate deleveraging. The findings suggest that high corporate debt could be an important drag on investment.
European Public Investment Outlook
Author: Floriana Cerniglia
Publisher:
ISBN: 9781800640160
Category : Investment of public funds
Languages : en
Pages : 198
Book Description
The essays in this outlook collectively foster a broad approach to and definition of public investment, that is today more relevant than ever. Offering up a timely and clear case for the elimination of bias against investment in European fiscal rules, this outlook is a welcome contribution to the European debate, aimed both at policy makers and general readers.
Publisher:
ISBN: 9781800640160
Category : Investment of public funds
Languages : en
Pages : 198
Book Description
The essays in this outlook collectively foster a broad approach to and definition of public investment, that is today more relevant than ever. Offering up a timely and clear case for the elimination of bias against investment in European fiscal rules, this outlook is a welcome contribution to the European debate, aimed both at policy makers and general readers.
Bulgaria Investment and Business Guide Volume 1 Strategic and Practical Information
Author: IBP. Inc.
Publisher: Lulu.com
ISBN: 1514529211
Category : Business & Economics
Languages : en
Pages : 286
Book Description
Bulgaria Investment and Business Guide Volume 1 Strategic and Practical Information
Publisher: Lulu.com
ISBN: 1514529211
Category : Business & Economics
Languages : en
Pages : 286
Book Description
Bulgaria Investment and Business Guide Volume 1 Strategic and Practical Information
Doing Business 2008
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821372327
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Regulations affecting 10 areas of everyday business are measured: starting a business, dealing with licenses, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and closing a business. 'Doing Business 2008' updates all 10 sets of indicators, ranks countries on their overall ease of doing business, and analyzes reforms to business regulation - identifying which countries are improving their business environment the most and which ones slipped. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. 'Doing Business 2008' focuses on how complex business regulations dampen investment, growth and job creation in all businesses, and especially opportunities for women entrepreneurs.
Publisher: World Bank Publications
ISBN: 0821372327
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Regulations affecting 10 areas of everyday business are measured: starting a business, dealing with licenses, employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and closing a business. 'Doing Business 2008' updates all 10 sets of indicators, ranks countries on their overall ease of doing business, and analyzes reforms to business regulation - identifying which countries are improving their business environment the most and which ones slipped. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. 'Doing Business 2008' focuses on how complex business regulations dampen investment, growth and job creation in all businesses, and especially opportunities for women entrepreneurs.