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Water quality management --- Revolving funds --- Funds, Revolving --- Public enterprise funds --- Budget --- Expenditures, Public --- Government business enterprises --- Finance. --- Finance --- E-books
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This paper reviews some broad principles of fiscal coverage, building on cross-country experience. It discusses the level of coverage that would be appropriate to conduct good quality fiscal analysis, while striking the right balance between the costs and the benefits of expanding the coverage. In this context, the paper examines the current status of statistical fiscal coverage in the countries of the Middle East and Central Asia (MECA), and proposes operational approaches to improving it.
Fiscal policy --- Government business enterprises --- Nationalized companies --- Parastatals --- Public enterprises --- State-owned enterprises --- Tax policy --- Taxation --- Government policy --- Business enterprises --- Economic policy --- Finance, Public --- Macroeconomics --- Public Finance --- Statistics --- Public Enterprises --- Public-Private Enterprises --- Public Administration --- Public Sector Accounting and Audits --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- Nonprofit Organizations and Public Enterprise: General --- Fiscal Policy --- Civil service & public sector --- Public finance & taxation --- Econometrics & economic statistics --- Public ownership --- nationalization --- Public sector --- Fiscal risks --- Government finance statistics --- Finance --- Jordan
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Analyzing macroeconomic impacts of oil price changes requires first to investigate different sources of these changes and their distinct effects. Kilian (2009) analyzes the effects of an oil supply shock, an aggregate demand shock, and a precautionary oil demand shock. The paper's aim is to model macroeconomic consequences of these shocks within a new Keynesian DSGE framework. It models a small open economy and the rest of the world together to discover both accompanying effects of oil price changes and their international transmission mechanisms. Our results indicate that different sources of oil price fluctuations bring remarkably diverse outcomes for both economies.
Business & Economics --- Industries --- Petroleum products --- Accounting and price fluctuations. --- Prices. --- Price fluctuations and accounting --- Petroleum --- Petroleum industry and trade --- Prices --- Investments: Energy --- Inflation --- Macroeconomics --- Production and Operations Management --- Energy: Demand and Supply --- Energy: General --- Price Level --- Deflation --- Human Capital --- Skills --- Occupational Choice --- Labor Productivity --- Nonprofit Organizations and Public Enterprise: General --- Investment & securities --- Public ownership --- nationalization --- Oil prices --- Oil --- Labor productivity --- Public enterprises --- Government business enterprises
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This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public sector operations, including QFAs, presents a clearer picture of Ghana's fiscal stance and fiscal adjustment from one for the central government alone; QFAs have led to serious distortions in energy and water consumption; and they have distorted the investment decisions of both public enterprises and the private sector.
Electronic books. -- local. --- Finance, Public -- Ghana. --- Fiscal policy -- Ghana. --- Government business enterprises -- Ghana. --- Fiscal policy --- Finance, Public --- Government business enterprises --- Nationalized companies --- Parastatals --- Public enterprises --- State-owned enterprises --- Cameralistics --- Public finance --- Tax policy --- Taxation --- Government policy --- Business enterprises --- Currency question --- Economic policy --- Public finances --- Banks and Banking --- Macroeconomics --- Public Finance --- Nonprofit Organizations and Public Enterprise: General --- Central Banks and Their Policies --- Public Enterprises --- Public-Private Enterprises --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Public Administration --- Public Sector Accounting and Audits --- Public ownership --- nationalization --- Banking --- Civil service & public sector --- Public finance & taxation --- Quasi-fiscal operations --- Public sector --- Contingent liabilities --- Banks and banking --- Ghana
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The fourth review of Djibouti’s economic performance under the Extended Credit Facility (ECF) arrangement highlights that the authorities maintained fiscal discipline in 2010, but fiscal performance weakened in the first months of 2011. The authorities made progress toward tackling high input costs, which hinder the development of the private sector. The Djibouti authorities remain committed to the IMF program, especially in the areas of fiscal discipline and structural reforms in tax revenue, public financial management, bank supervision, and central bank governance.
Economic development --- Djibouti --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economic conditions. --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Public Finance --- Statistics --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- International Lending and Debt Problems --- National Government Expenditures and Related Policies: General --- Taxation, Subsidies, and Revenue: General --- Nonprofit Organizations and Public Enterprise: General --- Econometrics & economic statistics --- Public finance & taxation --- International economics --- Public ownership --- nationalization --- Arrears --- Expenditure --- Current spending --- Revenue administration --- Public enterprises --- External debt --- Financial statistics --- Economic and financial statistics --- Economic sectors --- Debts, External --- Expenditures, Public --- Finance --- Revenue --- Government business enterprises
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This paper is an account of Seychelles’ monetary efforts to establish its position in 2012. After the recovery in 2008, the country had solid growth through 2011. The important threat was external risks, which could lower tourist inflows, and piracy. Alternatively, the authorities were vigilant, and organized the state by strengthening state enterprises, introducing new reforms to eradicate obstacles to the private sector, and the increasing bills for monetary purposes. The Executive Board acknowledges that these policies enhanced a positive outlook for the country.
Finance, Public --- Cameralistics --- Public finance --- Public finances --- Currency question --- Seychelles --- Economic conditions. --- Exports and Imports --- Inflation --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Debt --- Debt Management --- Sovereign Debt --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- International Lending and Debt Problems --- National Government Expenditures and Related Policies: General --- Nonprofit Organizations and Public Enterprise: General --- Fiscal Policy --- Public finance & taxation --- Monetary economics --- International economics --- Public ownership --- nationalization --- Public debt --- Monetary base --- External debt --- Expenditure --- Public enterprises --- Money --- Fiscal stance --- Fiscal policy --- Debts, Public --- Money supply --- Debts, External --- Expenditures, Public --- Government business enterprises
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Macroeconomics --- Finance, Public --- Finance, Public. --- Macroeconomics. --- Public Sector --- economics. --- South Asia. --- Economics --- economics --- Cameralistics --- Public finance --- Public Domain --- Public Enterprise --- Domain, Public --- Domains, Public --- Enterprise, Public --- Enterprises, Public --- Public Domains --- Public Enterprises --- Public Sectors --- Sector, Public --- Sectors, Public --- Capital --- Conditions, Economic --- Consumption --- Cost of Living --- Easterlin Hypothesis --- Economic Conditions --- Economic Factors --- Economic Policies --- Economic Policy --- Economics, Home --- Factors, Economic --- Home Economics --- Household Consumption --- Macroeconomic Factors --- Microeconomic Factors --- Policies, Economic --- Policy, Economic --- Production --- Remittances --- Utility Theory --- Consumer Price Index --- Condition, Economic --- Consumer Price Indices --- Consumption, Household --- Economic Condition --- Economic Factor --- Factor, Economic --- Factor, Macroeconomic --- Factor, Microeconomic --- Factors, Macroeconomic --- Factors, Microeconomic --- Household Consumptions --- Hypothesis, Easterlin --- Index, Consumer Price --- Indices, Consumer Price --- Living Cost --- Living Costs --- Remittance --- Theories, Utility --- Theory, Utility --- Utility Theories --- Asia, South --- Indian Sub-continent --- Indian Subcontinent --- Southern Asia --- Currency question --- Asia --- Asia, Southern --- Public finances --- Economic Theory --- Business, Economy and Management --- Economics.
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Several transition economies have undertaken fiscal decentralization reforms over the past two decades along with liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances, unless the right incentives are in place to promote fiscal discipline. This paper uses a panel of 20 transition countries over 19 years to address a central question of fact: Did privatization help to promote local governments’ fiscal discipline? The answer is clearly ‘no’ for privatization considered in isolation. However, privatization and subnational fiscal autonomy along with reforms to the banking system - restraining access to soft financing - may prove effective at improving fiscal balances among local governments.
Management --- Business & Economics --- Industrial Management --- Decentralization in government. --- Privatization. --- Centralization in government --- Devolution in government --- Government centralization --- Government decentralization --- Government devolution --- Denationalization --- Privatisation --- Political science --- Central-local government relations --- Federal government --- Local government --- Public administration --- Contracting out --- Corporatization --- Government ownership --- Banks and Banking --- Budgeting --- Macroeconomics --- Public Finance --- Comparison of Public and Private Enterprises and Nonprofit Institutions --- Privatization --- Contracting Out --- State and Local Borrowing --- Intergovernmental Relations --- Federalism --- Secession --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Nonprofit Organizations and Public Enterprise: General --- National Budget --- Budget Systems --- Debt --- Debt Management --- Sovereign Debt --- Banking --- Public ownership --- nationalization --- Budgeting & financial management --- Public finance & taxation --- Commercial banks --- Public enterprises --- Budget planning and preparation --- Government asset and liability management --- Economic sectors --- Financial institutions --- Public financial management (PFM) --- Banks and banking --- Government business enterprises --- Budget --- Finance, Public --- Russian Federation
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The boundary between the public and private sectors can be defined on the basis of ownership of institutional units. Nonmarket government-owned entities and corporations that are owned or controlled by government units belong to the public sector. “Economic ownership” is more important than majority ownership. Joint ventures, public-private partnerships, and social insurance funds (including for public employees) can be unambiguously allocated to the public or private sector on the basis of international public sector accounting standards. Boundary problems within the public sector are just as acute as those between the public and private sectors, mainly because of ambiguities in distinguishing “market” from “nonmarket” activities.
Business & Economics --- Economic Theory --- Privatization. --- Government business enterprises. --- Government ownership. --- Public goods. --- Industrial policy. --- Business --- Industries --- Industry and state --- Goods, Public --- Nationalization --- Public ownership --- Socialization of industry --- State ownership --- Nationalized companies --- Parastatals --- Public enterprises --- State-owned enterprises --- Denationalization --- Privatisation --- Government policy --- Economic policy --- Finance, Public --- Welfare economics --- Free rider problem (Economics) --- Collectivism --- Socialism --- Privatization --- Business enterprises --- Contracting out --- Corporatization --- Government ownership --- Accounting --- Corporate Finance --- Macroeconomics --- Public Finance --- Public Enterprises --- Public-Private Enterprises --- Public Administration --- Public Sector Accounting and Audits --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Nonprofit Organizations and Public Enterprise: General --- Financial Institutions and Services: General --- Civil service & public sector --- Financial reporting, financial statements --- Public finance & taxation --- nationalization --- Ownership & organization of enterprises --- Public sector --- Financial statements --- Public investment and public-private partnerships (PPP) --- Public-private sector cooperation --- Government business enterprises --- New Zealand
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