1.

Record Nr.

UNINA9910466916903321

Autore

Mazenot Georges

Titolo

La Likouala-Mossaka : Histoire de la pénétration du Haut Congo 1878-1920 / / Georges Mazenot ; preface D'Henri Brunschwig

Pubbl/distr/stampa

Paris, France : , : Mouton and Company, , 1970

ISBN

3-11-163717-4

Edizione

[Reprint 2017]

Descrizione fisica

1 online resource (456 pages)

Collana

Le Monde d'Outre-Mer Passé et Présent / Série Études ; ; 29

Disciplina

916.75

Soggetti

Congo

Electronic books.

Lingua di pubblicazione

Francese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Frontmatter -- Préface -- Introduction -- Première Partie 1878-1899 -- Chapitre I. La Découverte de la «Licona» et de la «Likouala» -- Chapitre II. Le Problème de la Licona-Nkundja et la Délimitation du Congo Français et de L'état Indépendant -- Chapitre III. Des Postes de L'alima et du Congo au Cercle du Moyen Congo -- Deuxième Partie 1899-1908 -- Chapitre IV. Le «Pays des Anghiés» -- Chapitre V. La Mise en Place du Système Concessionnaire -- Chapitre VI. Les Années Difficiles (1904-1908) -- Troisième Partie 1909-1920 -- Chapitre VII. L'occupation du Bassin de la Likouala-Mossaka (1909-1914) -- Chapitre VIII. Les Rapports Franco-Allemands le Haut Congo Pendant la Guerre -- Chapitre IX. Les Tréchot et la Compagnie Française du Haut Congo -- Chapitre Χ. La Situation en 1920 -- Annexes -- Table des Documents -- Table des Cartes et Croquis -- Table des Matières



2.

Record Nr.

UNINA9910785528703321

Autore

Escolano Julio

Titolo

Fiscal Transparency, Fiscal Performance and Credit Ratings / / Julio Escolano, Elif Arbatli Saxegaard

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-4315-8

1-4755-7136-4

Descrizione fisica

1 online resource (34 p.)

Collana

IMF Working Papers

Altri autori (Persone)

Arbatli SaxegaardElif

Soggetti

Fiscal policy

Transparency in government

Budgeting

Macroeconomics

Money and Monetary Policy

Public Finance

Institutions and the Macroeconomy

National Budget, Deficit, and Debt: General

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Fiscal Policy

Debt

Debt Management

Sovereign Debt

National Budget

Budget Systems

Monetary economics

Public finance & taxation

Budgeting & financial management

Fiscal transparency

Credit ratings

Fiscal stance

Public debt

Budget planning and preparation

Debts, Public

Budget

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.

Nota di contenuto

Cover; Abstract; Contents; I. Introduction; II. Measures Of Fiscal Transparency; Tables; 1. Properties of Fiscal Transparency Indices; 2. Correlation Between Different Transparency Indices; Figures; 1. ROSC Index and GDP Per Capita; 3. Fiscal Transparency and Other Proxies for Transparency; 2. ROSC and OBI Indices; III. Empirical Approach And Data; IV. Results; 3. ROSC Index and Political Competition in Advanced Economies; 4. ROSC Index and Political Competition in Developing Economies; V. Conclusions; 4. Fiscal Transparency, Primary Balance and Public Debt - Advanced Economies Sample

5. Fiscal Transparency (ROSC Index), Primary Balance and Public Debt - Developing Country Sample6. Fiscal Transparency (OBI Index), Primary Balance and Public Debt - Developing Country Sample; 7. Fiscal Transparency (ROSC Index), Primary Balance and Public Debt - Full Sample; 8. Fiscal Transparency (OBI Index), Primary Balance and Public Debt - Full Sample; 9. Fiscal Transparency and Fiscal Performance - Instrumental Variable Results; 10. Fiscal Transparency and Ratings - Instrumental Variable Results; Appendix Tables; A.1. Numerical Conversion of Sovereign Credit Ratings

A.2. Data Source and Variable DefinitionsReferences

Sommario/riassunto

This paper investigates the effect of fiscal transparency on market assessments of sovereign risk, as measured by credit ratings. It measures this effect through a direct channel (uncertainty reduction) and an indirect channel (better fiscal policies and outcomes), and it differentiates between advanced and developing economies. Fiscal transparency is measured by an index based on the IMF’s Reports on the Observance of Standards and Codes (ROSCs). We find that fiscal transparency has a positive and significant effect on ratings, but it works through different channels in advanced and developing economies. In advanced economies the indirect effect of transparency through better fiscal outcomes is more significant whereas for developing economies the direct uncertainty-reducing effect is more relevant. Our results suggest that a one standard deviation improvement in fiscal transparency index is associated with a significant increase in credit ratings: by 0.7 and 1 notches in advanced and developing economies respectively.