1.

Record Nr.

UNINA9910779271603321

Autore

Bléjer Mario

Titolo

How to Measure the Fiscal Deficit / / Mario Bléjer, A Cheasty

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 1991

ISBN

1-4623-0382-X

1-4552-9315-6

1-283-53461-4

9786613847065

1-4552-4666-2

Descrizione fisica

1 online resource (400 pages)

Altri autori (Persone)

CheastyA

Disciplina

339.5/09172/4

Soggetti

Fiscal policy - Developing countries

Budget deficits - Developing countries

Accounting

Banks and Banking

Exports and Imports

Macroeconomics

Public Finance

Inflation

Fiscal Policy

Debt

Debt Management

Sovereign Debt

National Government Expenditures and Related Policies: General

International Lending and Debt Problems

Public Enterprises

Public-Private Enterprises

Public finance & taxation

International economics

Civil service & public sector

Public ownership

nationalization

Expenditure

Fiscal policy

Public sector

Arrears

Government debt management

External debt



Economic sectors

Public financial management (PFM)

Debts, Public

Expenditures, Public

Finance, Public

Debts, External

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references at the end of each chapters.

Nota di contenuto

""Contents""; ""Foreword""; ""Acknowledgments""; ""Part I. Overview""; ""1. Measuring the Fiscal Deficit: Overview of the Issues""; ""Part II. The Adequacy of Summary Measures of the Fiscal Deficit""; ""2. Fiscal Deficit Measurement;  Basic Issues""; ""3. Are All Summary Indicators of the Stance of Fiscal Policy Misleading?""; ""4. Measurement of Fiscal Performance in IMF-Supported Programs: Some Methodological Issues""; ""5. Fiscal Impulse Measures and Their Fiscal Impact""; ""Part III. Conventional and Adjusted Fiscal Deficits""; ""6. The Cash Deficit: Rationale and Limitations""

""7. Government Arrears in Fiscal Adjustment Programs"" ""8. Credit Subsidies in Budgetary Lending: Computation, Effects, and Fiscal Implications""; ""9. Effects of Inflation on Measurement of Fiscal Deficits: Conventional Versus Operational Measures""; ""Part IV. Coverage of the Public Sector""; ""10. Toward Defining and Measuring the Fiscal Impact of Public Enterprises""; ""11. Amalgamating Central Bank and Fiscal Deficits""; ""12. Impact of Public Financial Institutions on Fiscal Stance""; ""Part V. The Public Sector's Intertemporal Budget Constraint""

""13. The Deficit as an Indicator of Government Solvency: Changes in Public Sector Net Worth"" ""14. Measurement of the Public Sector Deficit and Its Implications for Policy Evaluation and Design""; ""15. Budgetary Impact of Privatization""; ""16. Government Contingent Liabilities and Measurement of Fiscal Impact""

Sommario/riassunto

Fiscal policy seeks to equilibrate the public sector's financing needs with the private sector's demand for investment and a sustainable balance of payments. Correct measurement of the public sector's net use of resources is therefore an important prerequisite for managing the macroeconomy. This volume, edited by Mario I. Blejer and Adrienne Cheasty, is organized around four issues: the adequacy of summary measures of the fiscal deficit, conventional and adjusted deficits, coverage (size) of the public sector, and the public sector's intertemporal budget constraint.