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Export to Refworks부가기능
Fiscal reforms that work
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| 자료유형 | 단행본 |
|---|---|
| 서명/저자사항 | Fiscal reforms that work/ C. John McDermott, Robert F. Wescott. |
| 개인저자 | McDermott, C. John. Wescott, Robert F, Driscoll, David D, McDermott, John C. |
| 단체저자명 | International Monetary Fund. |
| 발행사항 | Washington, D.C.: International Monetary Fund, ?996. |
| 형태사항 | 1 online resource (iii, 12 pages). |
| 총서사항 | Economic issues;4 |
| 기타형태 저록 | Print version: McDermott, C. John. Fiscal reforms that work. Washington, D.C. : International Monetary Fund, ?996 1557756244 |
| ISBN | 9781455233533 1455233536 |
| 일반주기 |
"Draws on material originally contained in IMF Working Paper 96/59, 'An empirical analysis of fiscal adjustments', by C. John McDermott and Robert F. Wescott of the Fund's Research Dept ... This material is refined for the general readership by editing and partial redrafting ... It has been prepared by David C. Driscoll of the Fund's External Relations Dept."
"December 1996"--Title page verso. |
| 요약 | Budget deficits (the yearly excess of government expenditures over revenues) and government debt (the deficits accumulated over the years) have soared in many industrial countries over the past 20 years, and almost all these countries are now faced with the challenge of bringing them back to earth. The present very serious problem of budget deficits and public debt has come about mainly because the growth in government spending has exceeded the growth of goods and services and has left groth in revenues trailing far behind. While the average ratio of tax revenue to GDP in industrial countries increased from 28 percent in 1966 to 44 percent in 1994 (the value of 44 percent of everything produced in one year in these countries went to taxes and fees), the corresponding ratio for government expenditures rose from 28 percent to 50 percent (the government spent the equivalent of half the value of all goods and services produced in a year). Given the high levels to which taxes have risen and the danger of stifling growth by raisin taxes further, to say nothing of the political consequences of trying to do so, it is reasonable to suppose that reducing government spending offers the best means, if not only means, of eliminating these fiscal imbalances. |
| 일반주제명 | Fiscal policy. Government spending policy. Debts, Public. Taxation. BUSINESS & ECONOMICS --Public Finance. Debts, Public. Fiscal policy. Government spending policy. Taxation. D?bito fiscal. Pol?tica fiscal. Taxas. Politique des d?penses publiques. Dettes publiques. imposition. Politique fiscale. |
| 언어 | 영어 |
| 바로가기 |  |
