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"FISCAL MANAGEMENT"
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The ten trillion dollar gamble : the coming deficit debacle and how to invest now
Koesterich addresses the upcoming financial storm and what investors can do to capitalize when it hits.
Book
Ronald Reagan and the House Democrats : gridlock, partisanship, and the fiscal crisis
\"Drawing on materials unavailable in the 1980s, Brandt details the effects of President Ronald Reagan's conservative fiscal policies on the congressional budget process and reveals how the partisan budget struggles of the Reagan years led to tough fiscal choices and greater unity within the Democratic Party\"--Provided by publisher.
BOOK
A Framework for Assessing Fiscal Vulnerability
Fiscal vulnerability describes a situatuion where a government is exposed to the possibility of failure to meet its aggregate fiscal policy objectives. The suggested framework for assessing vulnerability highlights four macro-fiscal aspects of vulnerability: incorrect specification of the initial fiscal position; sensitivity of short-term fiscal outcomes to risk; threats to longer-term fiscal sustainability; and structural or institutional weaknesses affecting the design and implementation of fiscal policy. Fiscal vulnerability indicators are suggested.
Journal Article
Making Fiscal Space Happen: Managing Fiscal Policy in a World of Scaled-Up Aid
Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services and infrastructure while maintaining a credible commitment to fiscal prudence confronts many challenges. This paper discusses what low-income countries can do to shape fiscal policy frameworks that are ambitious in trying to absorb additional aid while still ensuring longer-term sustainability for government expenditure programs and finances. It suggests what approaches can be used to manage the greater fiscal policy risks associated with a scaled-up aid environment, including coordination with monetary policy. The paper also discusses what institutional changes are needed if donors and countries are to facilitate the implementation of a higher level of aid-financed spending programs.
eBook
Performance accountability and combating corruption
This volume provides an analytical framework and operational approaches needed for the implementation of results-based accountability. The volume makes a major contribution to the literature on public management and evaluation. Major subject areas covered in this book include: performance based accountability, e-government, legal and institutional framework to hold government to account; fighting corruption; external accountability and the role of supreme audit institutions on detecting fraud and corruption.
eBook