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  1. Fiscal policy in the smaller industrial countries, 1972-82
    Author: Blöndal, Gísli
    Published: 1986
    Publisher:  International Monetary Fund, Washington, D.C

    This study was undertaken to provide information and analyses of developments in the public finances of the smaller industrial countries over the decade 1972-82. It also reflects an evolving pattern in the fiscal Affairs Department of the... more

     

    This study was undertaken to provide information and analyses of developments in the public finances of the smaller industrial countries over the decade 1972-82. It also reflects an evolving pattern in the fiscal Affairs Department of the International Monetary Fund of following fiscal developments in groups of member countries. At the same time, the study is intended to partially meet recent requests of the Executive Board for international comparison and anlysis of various aspects of fiscal developments and policies. The choice of countries was made on the basis of two criteria: first, the availability of statistical and other sources suitable for comparative purpose; and secon, the considerable gap in the literature on comparative fiscal policies in these countries, much more than in the major industrial countries-only other homogenous group of member countries that meets the first criterion

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 1455243639; 9781455243631
    Subjects: States, Small; Fiscal policy
    Scope: Online-Ressource, illustrations
    Notes:

    Includes bibliographical references

    ""Contents""; ""Preface""; ""Part I: A Comparative Analysis""; ""1 The Smaller Industrial Countries""; ""Some Economic Characteristics""; ""Role of Central Government""; ""Main Objectives of Fiscal Policy""; ""2 Growth of the Government Sector""; ""Expenditure""; ""Revenue""; ""Fiscal Balance, Financing, and Debt Accumulation""; ""3 Fiscal Policy, 1972-82, An Overview""; ""Economic Setting and Fiscal Stance in the Early 1970s""; ""Policy Response to First Oil Crisis""; ""Shift in Fiscal Stance after the Mid-1970s and Changes in Policy Approach""; ""Policy Response to Second Oil Crisis""

    ""Fiscal Policy and Prospects in the Early 1980s""""4 Obstacles to Fiscal Improvement""; ""Recession and the Working of Automatic Fiscal Stabilizers""; ""Narrowed Scope for Fiscal Policy Action""; ""Role of Medium-Term Planning and Budgetary Forecasting""; ""Fiscal Politics""; ""5 Implications of Past Fiscal Developments and Policies""; ""Enlarged Public Sector""; ""Increased Tax Burdens""; ""Fiscal Deficits and Debt Accumulation""; ""Employment Policies""; ""Social Security Schemes""; ""Incomes Policies""; ""6 Summary and Conclusions""; ""Tables in the Text""

    ""1.1. Smaller Industrial Countries: Selected Basic Statistics""""2.1. Total Expenditure as a Percentage of GDP""; ""2.2. Expenditure on Goods and Services""; ""2.3. Interest Payments""; ""2.4. Subsidies and Other Current Transfers""; ""2.5. Capital Expenditure and Net Lending""; ""2.6. Total Revenue as a Percentage of GDP""; ""2.7. Income Taxes""; ""2.8. Social Security Contributions""; ""2.9. Taxes on Goods and Services""; ""2.10. Other Tax and Nontax Revenue and Grants""; ""2.11. Deficit/Surplus as a Percentage of GDP""; ""2.12. Central Government Outstanding Debt""

    ""6.1. Smaller Industrial Countries: Selected Fiscal Indicators""""Charts""; ""1. Size of General Government Sector: Expenditure as a Ratio to GDP""; ""2. Consolidated Central Government Expenditure""; ""3. Consolidated Central Government Revenue""; ""4. Smaller Industrial Countries: Fiscal Balances""; ""Part II: Developments in Individual Countries""; ""Introduction""; ""1. Australia""; ""2. Austria""; ""3. Belgium""; ""4. Denmark""; ""5. Finland""; ""6. Iceland""; ""7. Ireland""; ""8. Luxembourg""; ""9. Netherlands""; ""10. New Zealand""; ""11. Norway""; ""12. Spain""; ""13. Sweden""

    ""Tables in the Text""""Australia: Selected Economic Indicators, 1972-82""; ""Australia: Consolidated Central Government Finances, 1972-82""; ""Austria: Selected Economic Indicators, 1972-82""; ""Austria: Consolidated Central Government Finances, 1972-82""; ""Belgium: Selected Economic Indicators, 1972-82""; ""Belgium: Consolidated Central Government Finances, 1972-82""; ""Denmark: Selected Economic Indicators, 1972-82""; ""Denmark: Consolidated Central Government Finances, 1972-82""; ""Finland: Selected Economic Indicators, 1972-82""

    ""Finland: Consolidated Central Government Finances, 1972-82""