The Growth and Cyclical Variability of Bahamian Tax Revenue
Author : Simon D. Wilson
Publisher :
Page : 232 pages
File Size : 33,98 MB
Release : 1996
Category : Revenue
ISBN :
Author : Simon D. Wilson
Publisher :
Page : 232 pages
File Size : 33,98 MB
Release : 1996
Category : Revenue
ISBN :
Author : Guillermo E. Perry
Publisher : World Bank Publications
Page : 354 pages
File Size : 43,76 MB
Release : 2007-10-19
Category : Business & Economics
ISBN : 0821370855
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Author : Fabian Bornhorst
Publisher : International Monetary Fund
Page : 39 pages
File Size : 35,75 MB
Release : 2011-04-11
Category : Business & Economics
ISBN : 1475510209
Technical Notes and Manuals are produced by IMF departments to expand the dissemination of their technical assistance advice. These papers present general advice and guidance, drawn in part from unpublished technical assistance reports, to a broader audience. This new series was launched in August 2009.
Author : Inter-American Development Bank
Publisher : IDB
Page : 309 pages
File Size : 16,50 MB
Release : 2004
Category : Jamaica
ISBN : 193100384X
Author : Ms.Valerie Cerra
Publisher : International Monetary Fund
Page : 50 pages
File Size : 21,92 MB
Release : 2020-05-29
Category : Business & Economics
ISBN : 1513536990
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Author : World Bank
Publisher : World Bank Publications
Page : 241 pages
File Size : 39,38 MB
Release : 2019-11-21
Category : Business & Economics
ISBN : 1464814414
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Author : Eduardo A. Cavallo
Publisher : Inter-American Development Bank
Page : 121 pages
File Size : 19,61 MB
Release : 2018-03-15
Category : Business & Economics
ISBN :
The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.
Author : Friedrich Schneider
Publisher : Cambridge University Press
Page : 225 pages
File Size : 31,91 MB
Release : 2013-02-14
Category : Business & Economics
ISBN : 1107034841
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Author : Commission on Growth and Development
Publisher : World Bank Publications
Page : 198 pages
File Size : 22,39 MB
Release : 2008-07-23
Category : Business & Economics
ISBN : 0821374923
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Author : Gösta Ljungman
Publisher : International Monetary Fund
Page : 58 pages
File Size : 42,88 MB
Release : 2008-12
Category : Business & Economics
ISBN :
This paper looks at the factors that have to be considered when designing an aggregate expenditure ceiling. It is argued that expenditure ceilings are effective in promoting fiscal discipline and sustainability, but that a number of trade-offs have to be made when setting up a fiscal framework that will survive in a politically charged environment. The paper illustrates the discussion with a case study of medium-term aggregate expenditure ceilings in three countries: Finland, the Netherlands and Sweden.