Holdings: Fiscal adjustment and contingent government liabilities

Fiscal adjustment and contingent government liabilities: case studies of the Czech Republic and Macedonia

Governments' contingent liabilities increase fiscal vulnerability, but are omitted in traditional measures of the current deficit. In the Czech Republic this omission may mean that fiscal adjustment has been overstated by 3 to 4 percent of annual GDP, with future budgets having to pay for past...

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Main Author:	Poláčkova Brixi, Hana (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, DC ; s.l. Office of the Senior Vice President and Chief Economist, Development Economics 1999
Series:	Policy research working paper 2177
Subjects:	Finanzwirtschaft Tschechische Republik Budget deficits > Czech Republic Budget deficits > Macedonia Contingent liabilities (Accounting) > Czech Republic Contingent liabilities (Accounting) > Macedonia Finance, Public > Czech Republic Finance, Public > Macedonia Fiscal policy > Czech Republic Fiscal policy > Macedonia
Online Access:	Volltext
Summary:	Governments' contingent liabilities increase fiscal vulnerability, but are omitted in traditional measures of the current deficit. In the Czech Republic this omission may mean that fiscal adjustment has been overstated by 3 to 4 percent of annual GDP, with future budgets having to pay for past guarantees. The stock of existing contingent liabilities in Macedonia could add 2 to 4 percent of GDP to that country's future deficits
Item Description:	"September 1999"--Cover. - Includes bibliographical references (p. 29-30) Erscheinungsjahr in Vorlageform:[1999]
Physical Description:	1 Online-Ressource (41 Seiten) Illustrationen 28 cm

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520	1		\|a Governments' contingent liabilities increase fiscal vulnerability, but are omitted in traditional measures of the current deficit. In the Czech Republic this omission may mean that fiscal adjustment has been overstated by 3 to 4 percent of annual GDP, with future budgets having to pay for past guarantees. The stock of existing contingent liabilities in Macedonia could add 2 to 4 percent of GDP to that country's future deficits
534			\|c 1999
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776	0	8	\|i Reproduktion von \|a Poláčkova Brixi, Hana \|t Fiscal adjustment and contingent government liabilities \|d 1999
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Record in the Search Index

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physical	1 Online-Ressource (41 Seiten) Illustrationen 28 cm
psigel	ZDB-1-WBA
publishDate	1999
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publisher	Office of the Senior Vice President and Chief Economist, Development Economics
record_format	marc
series2	Policy research working paper
spellingShingle	Poláčkova Brixi, Hana Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia Finanzwirtschaft
title	Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia
title_auth	Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia
title_exact_search	Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia
title_full	Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia Hana Polackova Brixi, Hafez Ghanem, Roumeen Islam
title_fullStr	Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia Hana Polackova Brixi, Hafez Ghanem, Roumeen Islam
title_full_unstemmed	Fiscal adjustment and contingent government liabilities case studies of the Czech Republic and Macedonia Hana Polackova Brixi, Hafez Ghanem, Roumeen Islam
title_short	Fiscal adjustment and contingent government liabilities
title_sort	fiscal adjustment and contingent government liabilities case studies of the czech republic and macedonia
title_sub	case studies of the Czech Republic and Macedonia
topic	Finanzwirtschaft
topic_facet	Finanzwirtschaft Tschechische Republik
url	http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2177
work_keys_str_mv	AT polackovabrixihana fiscaladjustmentandcontingentgovernmentliabilitiescasestudiesoftheczechrepublicandmacedonia AT ghanemhafez fiscaladjustmentandcontingentgovernmentliabilitiescasestudiesoftheczechrepublicandmacedonia AT islamroumeen fiscaladjustmentandcontingentgovernmentliabilitiescasestudiesoftheczechrepublicandmacedonia AT worldbankeuropeandcentralasiaregionpovertyreductionandeconomicmanagementunit fiscaladjustmentandcontingentgovernmentliabilitiescasestudiesoftheczechrepublicandmacedonia AT worldbankofficeoftheseniorvicepresidentandchiefeconomistdevelopmenteconomics fiscaladjustmentandcontingentgovernmentliabilitiescasestudiesoftheczechrepublicandmacedonia

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