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Fiscal Policy and Long-Term Growth

2015-04-20 Business & Economics
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Release : 2015-04-20
Genre : Business & Economics
Kind : eBook
Book Rating : 658/5 ( reviews)

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Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund

Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund. This book was released on 2015-04-20. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Fiscal Policy and Long-Run Growth

1996-10-01 Business & Economics
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Release : 1996-10-01
Genre : Business & Economics
Kind : eBook
Book Rating : 129/5 ( reviews)

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Book Synopsis Fiscal Policy and Long-Run Growth by : Mr.Vito Tanzi

Download or read book Fiscal Policy and Long-Run Growth written by Mr.Vito Tanzi. This book was released on 1996-10-01. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses in a systematic and comprehensive way the existing literature on the relationship between the growth of countries’ economies and various public finance instruments, such as tax policy, expenditure policy, and overall budgetary policy, from the perspectives of allocative efficiency, macroeconomic stability, and income distribution. It reviews both the conceptual linkages between each of the instruments and growth and the empirical evidence on such relationships. It broadly concludes that fiscal policy could play a fundamental role in affecting the long-run growth performance of countries.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

2002-12 Business & Economics
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Release : 2002-12
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Effectiveness of Fiscal Policy in Stimulating Economic Activity by : Richard Hemming

Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming. This book was released on 2002-12. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.

Fiscal Policy, Stabilization, and Growth

2007-10-19 Business & Economics
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Release : 2007-10-19
Genre : Business & Economics
Kind : eBook
Book Rating : 855/5 ( reviews)

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Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo E. Perry

Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry. This book was released on 2007-10-19. Available in PDF, EPUB and Kindle. Book excerpt: 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.

How Do National Policies Affect Long-run Growth?

1992 Business & Economics
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Release : 1992
Genre : Business & Economics
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Book Rating : /5 ( reviews)

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Book Synopsis How Do National Policies Affect Long-run Growth? by :

Download or read book How Do National Policies Affect Long-run Growth? written by . This book was released on 1992. Available in PDF, EPUB and Kindle. Book excerpt:

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