Reforming Turkey's Public Expenditure Management:
Fiscal imbalances were a main cause for chronic high inflation and macroeconomic instability before the 2000/2001 crisis. Fiscal consolidation is the cornerstone of post-crisis stabilization. It has been quite successful over the past three years as sizeable primary surpluses have been sustained and...
Gespeichert in:
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Weitere Verfasser: | , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2005
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Schriftenreihe: | OECD Economics Department Working Papers
no.418 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Fiscal imbalances were a main cause for chronic high inflation and macroeconomic instability before the 2000/2001 crisis. Fiscal consolidation is the cornerstone of post-crisis stabilization. It has been quite successful over the past three years as sizeable primary surpluses have been sustained and the fall in interest rates has reduced the interest cost of public debt. Fiscal targets have been achieved chiefly by raising revenues which has increased the tax burden; greater emphasis should now be placed on the control of public expenditure. At the same time, core public services such as education, justice, infrastructure and rural development will need to be upgraded. Social security costs may also rise with the planned shift to universal health insurance, and the ambitious administrative decentralization project could cause upward pressure on local spending. Far-reaching rationalization of public expenditures is therefore required to meet the quantitative fiscal targets while ... |
Beschreibung: | 1 Online-Ressource (60 p.) 21 x 29.7cm. |
DOI: | 10.1787/312004242223 |
Internformat
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spelling | Gönenç, Rauf VerfasserIn aut Reforming Turkey's Public Expenditure Management Rauf, Gönenç, Willi, Leibfritz and Erdal, Yilmaz = Réformer la gestion des dépenses budgétaires en Turquie / Rauf, Gönenç, Willi, Leibfritz et Erdal, Yilmaz Réformer la gestion des dépenses budgétaires en Turquie Paris OECD Publishing 2005 1 Online-Ressource (60 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.418 Fiscal imbalances were a main cause for chronic high inflation and macroeconomic instability before the 2000/2001 crisis. Fiscal consolidation is the cornerstone of post-crisis stabilization. It has been quite successful over the past three years as sizeable primary surpluses have been sustained and the fall in interest rates has reduced the interest cost of public debt. Fiscal targets have been achieved chiefly by raising revenues which has increased the tax burden; greater emphasis should now be placed on the control of public expenditure. At the same time, core public services such as education, justice, infrastructure and rural development will need to be upgraded. Social security costs may also rise with the planned shift to universal health insurance, and the ambitious administrative decentralization project could cause upward pressure on local spending. Far-reaching rationalization of public expenditures is therefore required to meet the quantitative fiscal targets while ... Economics Türkiye Leibfritz, Willi MitwirkendeR ctb Yilmaz, Erdal MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/312004242223 Volltext |
spellingShingle | Gönenç, Rauf Reforming Turkey's Public Expenditure Management Economics Türkiye |
title | Reforming Turkey's Public Expenditure Management |
title_alt | Réformer la gestion des dépenses budgétaires en Turquie |
title_auth | Reforming Turkey's Public Expenditure Management |
title_exact_search | Reforming Turkey's Public Expenditure Management |
title_full | Reforming Turkey's Public Expenditure Management Rauf, Gönenç, Willi, Leibfritz and Erdal, Yilmaz = Réformer la gestion des dépenses budgétaires en Turquie / Rauf, Gönenç, Willi, Leibfritz et Erdal, Yilmaz |
title_fullStr | Reforming Turkey's Public Expenditure Management Rauf, Gönenç, Willi, Leibfritz and Erdal, Yilmaz = Réformer la gestion des dépenses budgétaires en Turquie / Rauf, Gönenç, Willi, Leibfritz et Erdal, Yilmaz |
title_full_unstemmed | Reforming Turkey's Public Expenditure Management Rauf, Gönenç, Willi, Leibfritz and Erdal, Yilmaz = Réformer la gestion des dépenses budgétaires en Turquie / Rauf, Gönenç, Willi, Leibfritz et Erdal, Yilmaz |
title_short | Reforming Turkey's Public Expenditure Management |
title_sort | reforming turkey s public expenditure management |
topic | Economics Türkiye |
topic_facet | Economics Türkiye |
url | https://doi.org/10.1787/312004242223 |
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