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20 Ethiopia »
Source: Fiscal Federalism in Theory and Practice
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 September 1997
ISBN: 9781557756633
Keywords: tax administration, taxation, intergovernmental fiscal relations, tax revenue, local governments
The process of fiscal decentralization in Ethiopia began in 1992. Proclamations were issued during 1992–93 to establish federal and regional self-governments and to define both the revenue-sharing arrangemen...
7 Control of Subnational Government Borrowing »
Source: Fiscal Federalism in Theory and Practice
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 September 1997
ISBN: 9781557756633
Keywords: tax administration, taxation, intergovernmental fiscal relations, tax revenue, local governments
In the last two decades, public sector debt has shown a rising trend in relation to GDP in a wide range of countries, both federal and unitary. These increases have reflected high levels of real interest rat...
CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality »
Source: IMF-Supported Programs : Recent Staff Research
Series: Seminar Volumes
Author(s): Alessandro Rebucci , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 April 2006
ISBN: 9781589063617
Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality
Introduction The 1990s have seen international official crisis lending of unprecedented size (Table 1). Advocates justified these bailouts as a form of international financial safety...
CHAPTER 2 IMF Programs and Growth: Is Optimism Defensible? »
Source: IMF-Supported Programs : Recent Staff Research
Series: Seminar Volumes
Author(s): Alessandro Rebucci , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 April 2006
ISBN: 9781589063617
Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality
Introduction IMF-supported programs are often described by those on the left as creating hardships on the population because they are said to be “too tight” (Stiglitz, 2002). Those o...
CHAPTER 5 Fiscal Policy, Expenditure Composition, and Growth in Low-Income Countries »
Source: IMF-Supported Programs : Recent Staff Research
Series: Seminar Volumes
Author(s): Alessandro Rebucci , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 April 2006
ISBN: 9781589063617
Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality
Introduction A large body of empirical research supports the notion that healthy budgetary balances are, over the long run, good for growth (Easterly, Rodriguez, and Schmidt-Hebbel,...
Front Matter »
Source: Fiscal Federalism in Theory and Practice
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 September 1997
ISBN: 9781557756633
Keywords: tax administration, taxation, intergovernmental fiscal relations, tax revenue, local governments
Over the past few decades, a clear trend has emerged worldwide toward the devolution of spending and, to a lesser extent, revenue-raising responsibilities to state and local levels of government. One view is that t...