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Public Sector Deficits in OECD Countries

Public Sector Deficits in OECD Countries PDF Author: Henry Cavanna
Publisher: Springer
ISBN: 1349089524
Category : Business & Economics
Languages : en
Pages : 182

Book Description
These papers state the causes and consequences of the deficits in OECD countries, and point out remedies. After an overview of the situation in OECD countries, each contributor writes about his own country: the USA, the UK, Germany, Italy and France.

Public Sector Deficits in OECD Countries

Public Sector Deficits in OECD Countries PDF Author: Henry Cavanna
Publisher: Springer
ISBN: 1349089524
Category : Business & Economics
Languages : en
Pages : 182

Book Description
These papers state the causes and consequences of the deficits in OECD countries, and point out remedies. After an overview of the situation in OECD countries, each contributor writes about his own country: the USA, the UK, Germany, Italy and France.

Government at a Glance 2021

Government at a Glance 2021 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264921419
Category :
Languages : en
Pages : 281

Book Description
The 2021 edition includes input indicators on public finance and employment; process indicators include data on institutions, budgeting practices, human resources management, regulatory governance, public procurement, governance of infrastructure, public sector integrity, open government and digital government. Outcome indicators cover core government results (e.g. trust, political efficacy, inequality reduction) and indicators on access, responsiveness, quality and satisfaction for the education, health and justice sectors.

Fiscal Deficits, Public Debt and Government Solvency

Fiscal Deficits, Public Debt and Government Solvency PDF Author: Giancarlo Corsetti
Publisher:
ISBN:
Category : Debts, Public
Languages : en
Pages : 82

Book Description
This paper discusses different empirical tests of public sector solvency and applies them to a sample of 18 OCED countries. Provided that the government solvency constraint need to be imposed, these tests develop from the idea of verifying whether the intertemporal budget constraint of the public sector would be satisfied a) had the fiscal and financial policy in the sample been pursued indefinitely and b) were the relevant macro and structural features of the economy stable over time. If solvency is not supported by the empirical evidence, a change either in the policy or in the relevant macro and structural variables (growth, inflation, interest rates, demographic factors) must occur at some point in the future. Among the G-7 countries, public sector solvency seems a serious issue in Italy, while does not appear to be a problem in the cases of Germany and Japan. The evidence for the U.S.A. is mixed. Problems of sustainability of the current path of fiscal policies are also present in Belgium, Ireland, the Netherlands and Greece.

Fiscal Discipline and the Cost of Public Debt Service

Fiscal Discipline and the Cost of Public Debt Service PDF Author: Mr.Francesco Caselli
Publisher: International Monetary Fund
ISBN: 1451969260
Category : Business & Economics
Languages : en
Pages : 23

Book Description
Is there any systematic explanation of variations in the cost of debt servicing over time and across countries? This paper examines the influence of fiscal variables on borrowing costs in a panel of OECD countries, showing that these variables have a significant role. In particular, an improvement of the primary fiscal balance is associated with a significant reduction in debt-servicing costs, amplifying the effects of primary adjustment on the fiscal position. A significant country-specific component remains, however; several explanations for this component are discussed, including debt management and market infrastructure.

Government at a Glance 2015

Government at a Glance 2015 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264233474
Category :
Languages : en
Pages : 214

Book Description
Government at a Glance provides readers with a dashboard of key public sector indicators. Each indicator is presented in a user-friendly format, with graphs, brief descriptive analysis, and methodological information.

Deficits, Debt, and Savings Structure of OECD Countries, with Trends from 1965 to 1981

Deficits, Debt, and Savings Structure of OECD Countries, with Trends from 1965 to 1981 PDF Author: Leonardo Hakim
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 116

Book Description


Fiscal Adjustments in OECD Countries

Fiscal Adjustments in OECD Countries PDF Author: Mr.Alberto Alesina
Publisher: International Monetary Fund
ISBN: 1451960433
Category : Business & Economics
Languages : en
Pages : 52

Book Description
This paper studies how the composition of fiscal adjustments influences their likelihood of “success”, defined as a long lasting deficit reduction, and their macroeconomic consequences. We find that fiscal adjustments which rely primarily on spending cuts on transfers and the government wage bill have a better chance of being successful and are expansionary. On the contrary fiscal adjustments which rely primarily on tax increases and cuts in public investment tend not to last and are contractionary. We discuss alterative explanations for these findings by studying both a full sample of OECD countries and by focusing on three case studies: Denmark, Ireland and Italy.

Budget Deficits and Macroeconomic Policy

Budget Deficits and Macroeconomic Policy PDF Author: J. Perkins
Publisher: Springer
ISBN: 0230373283
Category : Business & Economics
Languages : en
Pages : 186

Book Description
Discussions of macroeconomic policy often focus on changes in the budget deficit. A low budget deficit is one of the criteria for admission to the EMU. But some combinations of fiscal measures having a given effect on the budget deficit can have damaging effects on the principal macroeconomic objectives such as inflation and full employment, whereas other combinations will not. This is illustrated by using results from simulations for various OECD countries.

Managing Public Expenditure A Reference Book for Transition Countries

Managing Public Expenditure A Reference Book for Transition Countries PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264192603
Category :
Languages : en
Pages : 497

Book Description
Managing Public Expenditure presents a comprehensive and in-depth analysis of all aspects of public expenditure management from the preparation of the budget to the execution, control and audit stages.

Models of Public Budgeting and Accounting Reform Volume 2 Supplement 1

Models of Public Budgeting and Accounting Reform Volume 2 Supplement 1 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264177485
Category :
Languages : en
Pages : 356

Book Description
This book provides a comparative look at financial management systems from a family of systems point of view.