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Fiscal Monitor, October 2021 (Paperback) Fiscal Monitor (UK IMPORT)

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
Book Title
Fiscal Monitor, October 2021
Publication Name
Fiscal Monitor, October 2021
Title
Fiscal Monitor, October 2021
Subtitle
Strengthening the Credibility of Public Finances
Format
Us-Tall Rack Paperback
EAN
9781513584140
ISBN
9781513584140
Publisher
International Monetary Fund
Genre
Business & Finance
Subject
Language & Reference
Release Date
30/10/2021
Release Year
2021
Language
English
Country/Region of Manufacture
US
Item Weight
13.9 Oz
Series
Fiscal Monitor Ser.
Author
International Monetary Fund
Item Length
11in
Publication Year
2022
Type
Textbook
Item Height
0.3in
Item Width
8.5in
Number of Pages
113 Pages

About this product

Product Information

Chapter 1 argues that fiscal policy should remain nimble and strengthen its medium-term frameworks, as countries face highly uncertain and differentiated prospects. Vaccination has saved lives and is helping fuel a nascent recovery, but risks are elevated amidst new virus variants, high debt, and poverty. In advanced economies, the shift in fiscal support toward medium-term packages to "build back better" will have overall positive effects globally. Emerging markets and low-income developing countries face a more challenging outlook, with permanent economic scarring and revenue losses. They need international support to increase vaccine availability and financing to achieve the Sustainable Development Goals. Many countries find themselves in a situation where fiscal support is still invaluable to protect lives and livelihoods. At the same time, governments are also facing questions on their elevated debt and gross financing needs. Chapter 2 provides countries with guidance on how they can both avoid withdrawing fiscal support too early, and yet signal to the public that their debt levels are sustainable in the long run. To commit to future deficit reduction, governments have several instruments, including undertaking structural fiscal reforms (such as pension reform or subsidies reform), pre-legislating changes to taxes or spending, committing to fiscal rules that lead to deficit reduction in the future. Countries that follow debt rules, for instance, manage to reduce debt faster that other countries, although fiscal rules should also provide enough flexibility to spend in times of need. Overall, governments that commit to sound public finances and that achieve high levels of fiscal transparency reap meaningful benefits: their budgets are more credible, their announcements are better perceived by the media, and they pay lower interest rates on their debt.

Product Identifiers

Publisher
International Monetary Fund
ISBN-10
1513584146
ISBN-13
9781513584140
eBay Product ID (ePID)
14057275520

Product Key Features

Author
International Monetary Fund
Publication Name
Fiscal Monitor, October 2021
Format
Us-Tall Rack Paperback
Language
English
Publication Year
2022
Series
Fiscal Monitor Ser.
Type
Textbook
Number of Pages
113 Pages

Dimensions

Item Length
11in
Item Height
0.3in
Item Width
8.5in
Item Weight
13.9 Oz

Additional Product Features

Lc Classification Number
Hj7461
Copyright Date
2021
Target Audience
Scholarly & Professional
Topic
International / Economics, Public Finance, Money & Monetary Policy
Illustrated
Yes
Genre
Business & Economics

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  • GB 864 1548 11
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