Fiscal adjustment and contingent government liabilities
case studies of the Czech Republic and Macedonia
Our rough guess is there are 10,250 words in this book.
At a pace averaging 250 words per minute, this book will take 0 hours and 41 minutes to read. With a half hour per day, this will take 2 days to read.
How long will it take you?
This book will take an estimated to read at a reading speed averaging words per minute. With 30 minutes per day, this will take to read.
Enter your reading speedYou can take one of our WPM reading speed tests to find your reading speed.
Create a free account to track your reading progress, build your reading list, and set reading goals.
Author
Contributions
- Ghanem, Hafez. - Contributor
- Islam, Roumeen. - Contributor
- World Bank. Europe and Central Asia Region. Poverty Reduction and Economic Management Unit. - Contributor
- World Bank. Office of the Senior Vice President and Chief Economist, Development Economics. - Contributor
Publication
1999 - World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit, Washington, DC, District of Columbia
Language
English
Word Count
10,250 words, Guess
Page Count
41 pages
Identifiers
- Library of Congress Control Number2001265301
- OCLC Control Number42402295
- Open LibraryOL3961981M
Classifications
- LCCHG3881.5.W57 P63 no. 2177
Description
Governments' contingent liabilities increase fiscal vulnerability, but are omitted in traditional measures of the current deficit. In the Czech Republic this omission may mean that fiscal adjustment has been overstated by 3 to 4 percent of annual GDP, with future budgets having to pay for past guarantees. The stock of existing contingent liabilities in Macedonia could add 2 to 4 percent of GDP to that country's future deficits.
Subjects
Topics
Places
Series Statement
- Policy research working paper ;
- 2177
- Policy research working papers ;
Links
Reader Reviews
No reviews yet for this book.
Be the first to share your thoughts!