Fiscal monitor

Fiscal monitor

AngličtinaMěkká vazba
International Monetary Fund
International Monetary Fund (IMF)
EAN: 9781513537511
Skladem u distributora
Předpokládané dodání v pondělí, 3. března 2025
1 327 Kč
Běžná cena: 1 474 Kč
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Podrobné informace

Chapter 1 argues that fiscal policies are at the forefront of responding to the COVID-19 pandemic. Fiscal measures can save lives, protect the most-affected people and firms from the economic impact of the pandemic, and prevent the health crisis from turning into a deep long-lasting slump. A key priority is to fully accommodate spending on health and emergency services. Global coordination is for a universally low-cost vaccine and to support countries with limited health capacity. Large, temporary and targeted support is urgently needed for affected workers and firms until the emergency abates. As the shutdowns end, broad-based, coordinated fiscal stimuluswhere financing conditions permitwill become more effective in fostering the recovery. Chapter 2 argues that fiscal policies are at the forefront of facilitating an economic recovery from the COVID-19 pandemic once the Great Lockdown ends. Policymakers can achieve this objective with IDEAS: Invest for the futurein health systems, infrastructure, low carbon technologies, education, and research; adopt well-planned Discretionary policies that can be deployed quickly; and Enhance Automatic Stabilizers, which are built-in budgetary tax and spending measures that automatically stabilize incomes and consumption. Importantly, improving unemployment benefit systems and social safety nets can protect household incomes from adverse shocks and strengthen resilience against future epidemics. Over the past decade, state-owned enterprises (SOEs) have doubled in importance among the world's largest corporations. They often deliver basic services such as water, electricity, and loans for families and small businesses. At their best, they can help promote higher economic growth and achieve development goals. However, many are a burden to taxpayers and the economy. Chapter 3 discusses what governments can do to get the most out of SOEs. This includes ensuring the firm's managers have the right incentives and there is effective oversight. It also requires a high degree of transparency of their activities
EAN 9781513537511
ISBN 1513537512
Typ produktu Měkká vazba
Vydavatel International Monetary Fund (IMF)
Datum vydání 30. dubna 2020
Stránky 139
Jazyk English
Rozměry 280
Země United States
Sekce Professional & Scholarly
Autoři International Monetary Fund
Ilustrace col. figs, tables
Série World economic and financial surveys