Quasi-Fiscal Operations of Public Financial Institutions

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Quasi-Fiscal Operations of Public Financial Institutions by G. Mr. Mackenzie, Peter Mr. Stella, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: G. Mr. Mackenzie, Peter Mr. Stella ISBN: 9781452768144
Publisher: INTERNATIONAL MONETARY FUND Publication: October 24, 1996
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: G. Mr. Mackenzie, Peter Mr. Stella
ISBN: 9781452768144
Publisher: INTERNATIONAL MONETARY FUND
Publication: October 24, 1996
Imprint: INTERNATIONAL MONETARY FUND
Language: English
Central banks and other public financial institutions act as agents of fiscal policy in many countries. Their "quasi-fiscal" operations and activities can affect the overall public sector balance without affecting the budget deficit as conventionally measured, may also have important allocative effects, and increase the effective size of the public sector. This paper analyzes the macroeconomic and financial effects of such quasi-fiscal activities, as well as the taxes, subsidies, and other expenditures that such activities introduce outside the budget. Measurement and accounting issues are addressed, and policy recommendations are offered.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Central banks and other public financial institutions act as agents of fiscal policy in many countries. Their "quasi-fiscal" operations and activities can affect the overall public sector balance without affecting the budget deficit as conventionally measured, may also have important allocative effects, and increase the effective size of the public sector. This paper analyzes the macroeconomic and financial effects of such quasi-fiscal activities, as well as the taxes, subsidies, and other expenditures that such activities introduce outside the budget. Measurement and accounting issues are addressed, and policy recommendations are offered.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Managing Capital Inflows: What Tools to Use? by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Issues in Electronic Banking: An Overview by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Finance & Development, December 1976 by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Capital Inflows and Balance of Payments Pressures - Tailoring Policy Responses in Emerging Market Economies by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book The State of Public Finances Cross-Country Fiscal Monitor: November 2009 by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book External debt: Definition, Statistical Coverage and Methodology by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book International Capital Markets: Developments and Prospects, 1984 by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Supply-Side Tax Policy: Its Relevance to Developing Countries by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Regional Economic Outlook: Middle East and Central Asia (May 2007) by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Government Finance Statistics Manual by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Finance & Development, December 1965 by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Finance & Development, March 2005 by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book MULTIMOD Mark II: A Revised and Extended Model - Occa Paper No.71 by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book  by G. Mr. Mackenzie, Peter Mr. Stella
Cover of the book Economics of Sovereign Wealth Funds: Issues for Policymakers by G. Mr. Mackenzie, Peter Mr. Stella
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy