From stimulus to consolidation: revenue and expenditure policies in advanced and emerging economies
This paper identifies policy tools that could be used for fiscal consolidation in advanced and emerging economies in the years ahead. The consolidation strategy, particularly in advanced countries, should aim to stabilize age-related spending in relation to GDP, reduce non-age-related expenditure ra...
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| Hauptverfasser: | , , |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Schriftenreihe: | Departmental paper
2010/3 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper identifies policy tools that could be used for fiscal consolidation in advanced and emerging economies in the years ahead. The consolidation strategy, particularly in advanced countries, should aim to stabilize age-related spending in relation to GDP, reduce non-age-related expenditure ratios, and increase revenues. Bold reforms are needed to offset projected increases in age-related spending, particularly health care. On the revenue side, measures could include improving tax compliance, for example through better international cooperation, as well as increasing the yield from VAT by eliminating exemptions and reduced rates, further developing property taxes, and increasing excise rates within the range of rates already applicable in comparable countries |
| Beschreibung: | 1 Online-Ressource (X, 110 Seiten) graph. Darst |
| Format: | Systemvoraussetzungen: Acrobat Reader |
| ISBN: | 9781616350420 |
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| author | Clements, Benedict J. Perry, Victoria Toro, Juan |
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| index_date | 2024-07-03T20:13:13Z |
| indexdate | 2024-07-10T09:35:20Z |
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| spelling | Clements, Benedict J. Verfasser (DE-588)170168875 aut From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies a staff team led by Benedict Clements, Victoria Perry, and Juan Toro 1 Online-Ressource (X, 110 Seiten) graph. Darst txt rdacontent c rdamedia cr rdacarrier Departmental paper 2010/3 This paper identifies policy tools that could be used for fiscal consolidation in advanced and emerging economies in the years ahead. The consolidation strategy, particularly in advanced countries, should aim to stabilize age-related spending in relation to GDP, reduce non-age-related expenditure ratios, and increase revenues. Bold reforms are needed to offset projected increases in age-related spending, particularly health care. On the revenue side, measures could include improving tax compliance, for example through better international cooperation, as well as increasing the yield from VAT by eliminating exemptions and reduced rates, further developing property taxes, and increasing excise rates within the range of rates already applicable in comparable countries Systemvoraussetzungen: Acrobat Reader Perry, Victoria Verfasser aut Toro, Juan Verfasser (DE-588)171382064 aut http://elibrary.imf.org/view/IMF087/11243-9781616350420/11243-9781616350420/11243-9781616350420.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Clements, Benedict J. Perry, Victoria Toro, Juan From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies |
| title | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies |
| title_auth | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies |
| title_exact_search | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies |
| title_exact_search_txtP | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies |
| title_full | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies a staff team led by Benedict Clements, Victoria Perry, and Juan Toro |
| title_fullStr | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies a staff team led by Benedict Clements, Victoria Perry, and Juan Toro |
| title_full_unstemmed | From stimulus to consolidation revenue and expenditure policies in advanced and emerging economies a staff team led by Benedict Clements, Victoria Perry, and Juan Toro |
| title_short | From stimulus to consolidation |
| title_sort | from stimulus to consolidation revenue and expenditure policies in advanced and emerging economies |
| title_sub | revenue and expenditure policies in advanced and emerging economies |
| url | http://elibrary.imf.org/view/IMF087/11243-9781616350420/11243-9781616350420/11243-9781616350420.xml |
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