Book Description

Debts, deficits, taxation, regulation, and all the other hallmarks of economic slavery are already ravaging this nation. This book warns Americans that a dreaded new world order is being built around them and that economic control is part of a plan to enslave us. John F. McManus analyzes many proposed solutions and quick fixes for America's financial woes and shows that most either just scratch the surface or do more harm than good. ... Read more

Book Description

This clearly written, rigorous text offers a complete course in the economics of the public sector. It will be an indispensable text for students studying public economics, and also for students taking technical public policy or public administration courses. This new edition continues to focus on both the social optimality and public choice approaches but also includes alternative perspectives. ... Read more

Book Description

The Economics of Public Spending investigates the extent of government involvement in the economy, its rationale, and traces its historical record. The book unites articles previously published in Fiscal Studies. Both the data and the relevant theory are analysed. A new introduction investigates the overall role of the public sector and discusses the general theory of public expenditure. ... Read more

Book Description

An incisive look at banking, the third world debt crisis, and world stability, this new book establishes both a conceptual and practical model for re-assessing the present development logic that Lombardi states, "has reached the limits of its usefulness." This book questions the present economic world order which has led to wide scale destitution among two-thirds of the world's population, and to unsustainable East-West tensions. ... Read more

Book Description

This book examines the interrelationship between the external debt problem and the consolidation of democracy in Latin America in the 1990s. It considers the interplay of actors, including creditor governments, international financial institutions, debtor countries, commercial banks, and multinational corporations, and environment in the new decade, focusing on whether or not Latin America's political regimes can strengthen and democratize their respective economies while continuing to guarantee the country's democratic politics. ... Read more

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A New Approach compares and contrasts the various instruments and approaches used by the World Bank, IMF, European Commission and other development agencies to assess and reform public financial management systems in developing and transitional countries. It recommends an approach to assessment and reform that is country-led, has multi-donor support and is based on a coherent and integrated medium-term strategy for public financial management work, linked to a country's poverty reduction strategy and other key policy goals.This report makes concrete and practical recommendations to streamline the coverage of instruments and enhance collaboration between, donors, governments and other stakeholders. In doing so, it provides a firm basis for achieving more efficient and effective use of aid flows and national budgetary resources, to reduce poverty and realize other key policy goals and development outcomes. Assessing and Reforming Public Financial Management was written as part of the work of the Public Expenditure and Financial Accountability (PEFA) Program, a partnership of the World Bank, European Commission, IMF and several bilateral donor agencies that was established in December 2001. ... Read more

Book Description

Reported disaster losses have risen rapidly over the last few decades, triggering a growing awareness of the potential damage caused by natural hazards. However, there is limited knowledge or understanding of their broader macroeconomic significance or the problems they pose for long-term development.

Drawing on evidence from Bangladesh, Dominica and Malawi, Understanding the Economic and Financial Impacts of Natural Disasters explores these macro-economic and development issues. The report examines the short and long-term economic and financial impacts of natural disasters, the factors that contribute to underlying sensitivities, and identifies opportunities for improving the economic management of risk and disasters as they unfold. ... Read more

Book Description

The dynamics of the IMF are examined here in terms of how the system coped in the 1980s with the crises resulting from events in the three most heavily indebted developing countries in the world. The Mexican case offers the richest example of cooperation by a Latin American borrower. Also studied closely are Brazil, which adamantly refused to recognize the legitimacy of the IMF as a participant in its economy, and Argentina, which took a hard line until 1985 but recently softened its resistance to international pressure. Oliveri's final considerations are how each country relates to systematic maintenance, the threats they may pose to it, and their efforts to preserve it. ... Read more

Book Description

The external financing environment facing developing countries has brightened. In 2003, as global growth gained momentum, private capital flows to developing countries increased to $200 billion – their highest level in five years. Harnessing these gains to promote long-term investment and growth is the key theme of Global Development Finance 2004.

By providing a comprehensive review of recent trends in and prospects for all development-related flows (including debt, equity, official aid, and workers’ remittances), Global Development Finance 2004 enables government officials, economists, investors, financial consultants, academics and policymakers in the development community to better understand, manage, and promote the key challenge of financing development in today’s globalized environment.

I: Analysis and Summary Tables reviews recent trends in financial flows to developing countries and assesses the global outlook in light of the recent economic recovery. It highlights sources of vulnerability and risk in the recovery in private flows, notably the likely increases in interest rates in the advanced economies, volatility in major currencies and financial markets stemming from large global current-account imbalances, and fears of policy slippages in macroeconomic management in developing countries.

II: Summary and Country Tables includes comprehensive data for 136 countries that report under the World Bank Debtor Reporting System, and summary data for regions and income groups. It contains data on total external debt stocks and flows, aggregates, and key debt ratios, and provides a detailed, country-by-country picture of debt.

Global Development Finance 2004 debt data are also available on CD-ROM and online, with more than 200 historical time series from 1970 to 2002, and country group estimates for 2003. ... Read more

Book Description

These papers examine aspects of fiscal reform in India while focusing on issues of policy relevance. ... Read more