Government Expenditure Arrears Accumulation During the COVID-19 Period: An Update
Economic shocks and crises typically lead to a sharp increase in government expenditure arrears with corrosive effects on the economy. In order to assess the evolution of government expenditure arrears during the Coronavirus (COVID-19) crisis, the World Bank collected information on public expenditu...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Washington, D.C
The World Bank
2021
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| Schriftenreihe: | Other papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Economic shocks and crises typically lead to a sharp increase in government expenditure arrears with corrosive effects on the economy. In order to assess the evolution of government expenditure arrears during the Coronavirus (COVID-19) crisis, the World Bank collected information on public expenditure arrears in client countries in June 2020. The results of this initial data collection exercise are reported in an MTI Insight Note (An Overview of the Potential Impact of the Coronavirus (COVID-19) Crisis on the Accumulation of government Expenditure Arrears), which also discusses the definition of government expenditure arrears, measurement and reporting issues, the main drivers and economic consequences of arrears accumulation, and options for preventing and managing arrears accumulation. This note presents an update based on information available by February 2021 |
| Beschreibung: | 1 Online-Ressource |
| DOI: | 10.1596/36510 |
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| 520 | 3 | |a Economic shocks and crises typically lead to a sharp increase in government expenditure arrears with corrosive effects on the economy. In order to assess the evolution of government expenditure arrears during the Coronavirus (COVID-19) crisis, the World Bank collected information on public expenditure arrears in client countries in June 2020. The results of this initial data collection exercise are reported in an MTI Insight Note (An Overview of the Potential Impact of the Coronavirus (COVID-19) Crisis on the Accumulation of government Expenditure Arrears), which also discusses the definition of government expenditure arrears, measurement and reporting issues, the main drivers and economic consequences of arrears accumulation, and options for preventing and managing arrears accumulation. This note presents an update based on information available by February 2021 | |
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| spellingShingle | Lacey, Eric Government Expenditure Arrears Accumulation During the COVID-19 Period An Update Business Cycles and Stabilization Policies Coronavirus COVID-19 Macroeconomic Management Macroeconomics and Economic Growth Public Sector Development State-Owned Enterprises |
| title | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update |
| title_auth | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update |
| title_exact_search | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update |
| title_exact_search_txtP | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update |
| title_full | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update Eric Lacey |
| title_fullStr | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update Eric Lacey |
| title_full_unstemmed | Government Expenditure Arrears Accumulation During the COVID-19 Period An Update Eric Lacey |
| title_short | Government Expenditure Arrears Accumulation During the COVID-19 Period |
| title_sort | government expenditure arrears accumulation during the covid 19 period an update |
| title_sub | An Update |
| topic | Business Cycles and Stabilization Policies Coronavirus COVID-19 Macroeconomic Management Macroeconomics and Economic Growth Public Sector Development State-Owned Enterprises |
| topic_facet | Business Cycles and Stabilization Policies Coronavirus COVID-19 Macroeconomic Management Macroeconomics and Economic Growth Public Sector Development State-Owned Enterprises |
| url | https://doi.org/10.1596/36510 |
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