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Record Nr. |
UNINA9910816282703321 |
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Autore |
Chivakul Mali |
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Titolo |
Implications of quasi-fiscal activities in Ghana / / prepared by Mali Chivakul and Robert C. York |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, IMF Institute, 2006 |
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ISBN |
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1-4623-1753-7 |
1-4527-9354-9 |
1-283-51242-4 |
1-4519-0820-2 |
9786613824875 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (47 p.) |
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Collana |
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IMF working paper ; ; WP/06/24 |
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Altri autori (Persone) |
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YorkRobert C <1962-> (Robert Christopher) |
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Soggetti |
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Fiscal policy - Ghana |
Finance, Public - Ghana |
Government business enterprises - Ghana |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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""Contents""; ""I. INTRODUCTION""; ""II. FISCAL DEVELOPMENTS IN PERSPECTIVE""; ""III. CONCEPTUAL FRAMEWORK FOR QUANTIFYING QUASI-FISCAL ACTIVITIES""; ""IV. THE SCOPE AND COVERAGE OF QUASI-FISCAL ACTIVITIES""; ""V. QUASI- FISCAL ACTIVITIES AND THE FISCAL POSITION""; ""VI. POLICY IMPLICATIONS AND CONCLUSIONS""; ""REFERENCES""; ""Appendix I Alternative Approaches to Estimating Quasi-Fiscal Activities""; ""Appendix II Assumptions Underlying the Public Sector Debt Sustainability Analysis""; ""APPENDIX TABLES"" |
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Sommario/riassunto |
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This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public sector operations, including QFAs, presents a clearer picture of Ghana's fiscal stance and fiscal adjustment from one for the central government alone; QFAs have led to serious distortions in energy and water consumption; and they have distorted the investment decisions of both public enterprises and the private sector. |
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