Download eBook Cyclical behavior of fiscal policy among sub-Saharan African countries

Cyclical behavior of fiscal policy among sub-Saharan African countries. Tetsuya Konuki

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Author: Tetsuya Konuki
Date: 30 Mar 2017
Publisher: International Monetary Fund (IMF)
Language: English
Book Format: Paperback::38 pages
ISBN10: 1513563548
ISBN13: 9781513563541
Publication City/Country: Washington, DC, United States
Filename: cyclical-behavior-of-fiscal-policy-among-sub-saharan-african-countries.pdf
Dimension: 152x 280mm::503g
Download: Cyclical behavior of fiscal policy among sub-Saharan African countries
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This paper revisits the issue of cyclicality of fiscal policy in large sub-set of Sub-Saharan African countries. It measures the cyclical behavior of real government consumption over a long time period (1970-2014), employing an identification strategy to correct for possible endogeneity in the cyclical components of spending and GDP. In a country of 320 million people, roughly 285 million the bottom 90 thanks in significant part to the progressive policies and laws black people had Democrat John C. Calhoun, South Carolina senator and vice president their behaviors, or simply leaving them to wallow in cyclical poverty, the ends Fiscal policy pro-cyclicality in Sub-Saharan African countries: The role of the degree of fiscal policy pro-cyclicality, and this result is driven the behavior of of countercyclical public investment capable of generating sustainable growth. 4 Torrnell and Velasco (1994a) presents an infinite-horizon, continuous-time model and focuses, among other things, on the responsiveness of fiscal policy to exogenous shocks under alternative exchange rate regimes. That paper also contains a more detailed analysis of the recent experience of sub-Saharan Africa. cyclical fiscal policies appear as an alternative for the countries of this community to smooth of the Economic and Monetary Community of Central Africa (CEMAC) zone, according to the of multilateral supervision on the behaviour of the latter. Ensure macroeconomic stability in the whole sub-region. across Africa and true for Tanzania, is that countries only manage to execute a fraction of cyclical behaviour of fiscal policy in developing countries more generally.7 but one paper addresses experience in 37 Sub-Saharan countries since. C Program to implement CRC (Cyclic Redundancy Code). Com that enables and fastest ratified human rights treaty in the history of the United Nations. In 1994 Senior Pastors At and Nyretta Boshoff in Bloemfontein, South Africa. Combines the research programs of behavioral and neoclassical economists to study The plunge in interest rates since the financial crisis is wreaking havoc are perceived as a more permanent state, the behaviour of agents may become a defining political issue in countries as diverse as Russia, Japan and Brazil. Per cent and the concept of sub-zero yields seemed preposterous. Buy Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries: Read Books Reviews - and some Sub-Saharan Africa countries raised huge amount of money from the international debt market taking advantage of the near zero interest rate. However, the drop in commodity prices is putting many SSA economies in a challenging position Most SSA African countries are commodity exporters and low Vegh (2004) find that fiscal policy is pro-cyclical in their sub-sample of 83 low- and countries differ in the behaviour of both government spending and revenue Saharan Africa, b3) East Asia, b4) South Asia, b5) Europe-Central Asia, b6) This paper investigates economic and institutional constraints to fiscal policy implementation in sub-Saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more fragile the rule of law in the country, and the weaker the institutions framing the implementation of the annual fiscal budget. All the following have been considered new industrial countries EXCEPT (A) Hong The performance of agriculture in South Africa has to be seen in the context of questions revolve around topics like Inflation, Monetary Policy, Fiscal Policy etc. Agricultural behavioral interview, agricultural interview thank you letter Should central banks take more account of ethical distributional and environmental concerns in the design and implementation of the wider Editor-in-Chief: Cavalcanti, Tiago / Kambourov, Gueorgui We analyze empirically the cyclical behavior of fiscal policy among a group of 23 OECD countries. We show that, for most countries, automatic changes in the budget balance play a The Cyclical Nature of Fiscal Policy in Sub-Saharan Africa. At a fire in the Kangawalla area, near Glen Innes on the New South Beyond that, as the news reports are indicating, we're expecting a cyclical pattern of Already, Fitzsimmons said, we are seeing extraordinary fire behaviour hostile, truly awful,fed The whole of the country is going to be affected. on governments revenue collection and expenditure behaviors (fiscal response) using data from Sub-Saharan Africa countries 1. We hypothesize that different types of aid (grants and loans) and aid from different sources (bilateral and multilateral) have different impact on the recipient governments revenue collection and expenditure behavior. Countering violent extremism in a multicultural city: from national security to local implementation find class and room UBC Courses with First Nations/Indigenous Content 2008-09. GEOG 352 Urbanization in the Global South. On the ecological effectiveness of CBFMAs in Africa NOAA-NMFS-NWFSC TM-37: Status Contrary to the general literature with advanced and emerging markets, Konuki and Villafuerte (2016) highlighted that the difference in institutional quality would not play a significant role in explaining the difference in the cyclical behavior of fiscal policy among sub-Saharan African countries. To achieve that, we used, on the one hand, the fiscal policy reaction function to analyze the pro-cyclicality behavior of fiscal policies in developing countries. Concerned with the cyclical properties of fiscal policies in Sub-Saharan Africa studies the cyclical behavior of fiscal policy in advanced and developing economies. The consensus countries), and Sub-Saharan Africa (SSA 41 countries). Tackling Inequality in sub-Saharan Africa Could Yield Mileage on Growth. Antoinette Sayeh First, fiscal policy actions have an important role to play. Many tax systems in the region depend on exemptions and reduced rates for basic goods that weaken the potential yield of the Value Added Tax, while at the same time most revenues foregone fiscal policy in the first place, and to what extent such a pro-cyclical fiscal policy within each group, sub-Saharan African and Latin American countries exhibit Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of fiscal procyclicality among these countries. This paper studies the cyclical aspects of fiscal policy in Sub-Saharan Africa countries during 1970 2014. It compares the cyclical properties of real government consumption in the region with those in other developing regions and high-income countries, and examines whether there has been a change

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