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  • 1
    UID:
    edocfu_9958112105302883
    Format: 1 online resource (27 p.)
    ISBN: 1-4623-7505-7 , 1-4527-5319-9 , 1-283-51848-1 , 1-4519-0663-3 , 9786613830937
    Series Statement: IMF working paper ; WP/05/108
    Content: Transparent public financial management at the subnational level requires institutions and processes that mirror those needed at the central government level, in order to generate better accountability and competition among different subnational governments, critical elements in ensuring good governance and efficiency of decentralized administrations. Further subnational debt also has implications for overall macroeconomic stability that concerns the central government. The key components are identified, with a particular focus on subnational debt monitoring and management.
    Note: "June 2005." , "This paper has been prepared for the Handbook on Fiscal Federalism, edited by Ehtisham Ahmad and Giorgio Brosio (to be published by Edward Elgar in 2006)."- -Abstract. , ""Contents""; ""I. INTRODUCTION""; ""II. COMMUNITY-BASED DEVELOPMENTS""; ""III. THE PUBLIC FINANCIAL MANAGEMENT PROCESSES""; ""IV. MACROECONOMIC STABILITY AND SUBNATIONAL DEBT MANAGEMENT""; ""V. CONCLUSIONS"" , English
    Additional Edition: ISBN 1-4518-6127-3
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    UID:
    gbv_845955748
    Format: Online-Ressource (33 p)
    Edition: Online-Ausg.
    ISBN: 1498311393 , 9781498311397
    Series Statement: IMF Staff Discussion Notes: Staff Discussion Notes No. 14 / 10
    Content: Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective
    Additional Edition: Erscheint auch als Druck-Ausgabe Albino, Maria Making the Most of Public Investment in MENA and CCA Oil-Exporting Countries Washington, D.C. : International Monetary Fund, 2014 ISBN 9781498311397
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 3
    UID:
    gbv_845874810
    Format: Online-Ressource (26 p)
    Edition: Online-Ausg.
    ISBN: 1451861273 , 9781451861273
    Series Statement: IMF Working Papers Working Paper No. 05/108
    Content: Transparent public financial management at the subnational level requires institutions and processes that mirror those needed at the central government level, in order to generate better accountability and competition among different subnational governments, critical elements in ensuring good governance and efficiency of decentralized administrations. Further subnational debt also has implications for overall macroeconomic stability that concerns the central government. The key components are identified, with a particular focus on subnational debt monitoring and management
    Additional Edition: Erscheint auch als Druck-Ausgabe Albino, Maria Subnational Public Financial Management: Institutions and Macroeconomic Considerations Washington, D.C. : International Monetary Fund, 2005 ISBN 9781451861273
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 4
    UID:
    edocfu_9960157182002883
    Format: 1 online resource (31 p.)
    ISBN: 1-4983-8184-7 , 1-4843-4661-0
    Content: Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.
    Additional Edition: ISBN 1-4983-1495-3
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 5
    UID:
    edoccha_9960157182002883
    Format: 1 online resource (31 p.)
    ISBN: 1-4983-8184-7 , 1-4843-4661-0
    Content: Over the past decade, rising oil prices have translated into high levels of public investment in most MENA and CCA oil exporters. This has prompted questions about the efficiency of public investment in generating growth and closing infrastructure gaps, as well as concerns about fiscal vulnerabilities. When public investment is inefficient, higher levels of spending may simply lead to larger budget deficits, without sufficiency increasing the quantity or quality of public infrastructure in support of economic growth. This paper examines the efficiency of public investment in the MENA and CCA oil exporters using several techniques, including a novel application of the efficiency frontier analysis, estimates of unit investment costs, and assessments of public investment processes. The analysis confirms that these oil exporters have substantial room to improve public investment efficiency. Reforms in the public financial and investment management systems are needed to achieve this objective.
    Additional Edition: ISBN 1-4983-1495-3
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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