Managing Government Compensation And Employment Institutions Policies And Reform Challenges

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Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 99 pages
File Size : 50,8 Mb
Release : 2016-08-04
Category : Business & Economics
ISBN : 9781498345774

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Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges by International Monetary Fund. Fiscal Affairs Dept. Pdf

Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, spending on the wage bill absorbs around one-fifth of total spending. Cross-country variation in wage spending reflects, in part, national choices about the government’s role in priority sectors, as well as variations in the level of economic development and resource constraints.

Case Studies on Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 99 pages
File Size : 41,6 Mb
Release : 2016-12-04
Category : Business & Economics
ISBN : 9781498345736

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Case Studies on Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges by International Monetary Fund Pdf

This supplement presents country case studies reviewing country experiences with managing wage bill pressures, which are the basis for the compensation and employment reform lessons identified in the main paper. The selection of countries for the case studies reflects past studies carried out by either the IMF or the World Bank in the context of technical assistance or bilateral surveillance (Table 1). These studies provide important insights into the different sources of wage bill pressures as well as the reform challenges governments have faced when addressing these pressures over the short and medium term. The studies cover 20 countries, including five advanced economies, six countries from sub-Saharan Africa, two countries in developing Asia, one country in the Middle East and North Africa, three countries in Latin America and the Caribbean, and three countries in Central and Eastern Europe and the CIS. The structure of each case study is similar, with each study starting with a presentation of the institutional coverage and framework for setting and managing the wage bill; a description of employment and compensation levels, including their comparison with the private sector; and a discussion of the challenges that motivated the need for reforms and, when applicable, the reforms implemented and lessons derived from these.

Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union

Author : Mr.A. E. Wayne Mitchell,Ronald James,Ann Marie Wickham
Publisher : International Monetary Fund
Page : 33 pages
File Size : 46,6 Mb
Release : 2019-05-17
Category : Business & Economics
ISBN : 9781498304214

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Government Wage Bill Management and Civil Service Reform in the Eastern Caribbean Currency Union by Mr.A. E. Wayne Mitchell,Ronald James,Ann Marie Wickham Pdf

In this study, we assess the size of the government wage bill and employment in the member countries of the Eastern Caribbean Currency Union and their implications for fiscal sustainability and the adequacy of public service delivery. Over the period 2005 to 2015 their wage bill (as a percentage of GDP, government revenues and expenditures) is higher than in other small states notwithstanding recent efforts by governments to make it more manageable. The composition and distribution of employment is sub-optimal and is reflected in skills mismatches contributing to inefficiencies in public service delivery. Using a dynamic fixed-effects panel, we find that wage bill growth reflects the expansion of government activities to speed up economic and social development and that wage bill spending is procyclical in good times but is rigid during downturns. Finally, we identify the main institutional and legal reforms needed to improve wage bill management and public service efficiency.

International Monetary Fund Annual Report 2017

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 114 pages
File Size : 45,6 Mb
Release : 2017-10-05
Category : Business & Economics
ISBN : 9781484306147

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International Monetary Fund Annual Report 2017 by International Monetary Fund Pdf

During the past financial year, the IMF’s 189 member countries faced a number of pressing challenges. IMF work on these challenges - slower trade, declining productivity, gender inequality, inclusive growth, and debt management - is a central focus of this 2017 Annual Report.

Argentina

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 145 pages
File Size : 49,7 Mb
Release : 2016-11-10
Category : Business & Economics
ISBN : 9781475552645

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Argentina by International Monetary Fund. Western Hemisphere Dept. Pdf

This paper discusses Argentina’s investment rate which was well below the average of Latin American countries and that of a peer group of advanced and emerging market countries, with a larger gap in private investment. Raising investment prospects would be essential to boost economic activity. The administration that took office in December 2015 has emphasized the importance of generating an investor friendly environment that allows Argentina to recover some of the growth opportunities lost over the last few decades. Although quantifying the capital accumulation gap is a clearly a difficult task, one way of doing so is to look at the difference between Argentina’s capital-labor ratio and that of the selected peer group of countries. Argentina’s investment rates and capital-output ratios are also compared with estimates of their steady state values derived from standard neoclassical growth models. Argentina’s investment rate would need to increase significantly to eliminate the capital accumulation gap built during the last two decades, and this could significantly accelerate GDP growth.

South Africa: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for South Africa

Author : International Monetary,International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 127 pages
File Size : 44,9 Mb
Release : 2022-02-11
Category : Business & Economics
ISBN : 9798400200250

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South Africa: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for South Africa by International Monetary,International Monetary Fund. African Dept. Pdf

South Africa’s subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social indicators. In response to formidable COVID-19-related challenges, government expenditure surged, and, amid declining revenue, the budget deficit widened significantly. The South African Reserve Bank (SARB) and the Prudential Authority (PA) preserved adequate liquidity conditions and financial-sector stability. The cyclical recovery from the deep contraction has been faster than expected but its strength is unlikely to be sustained. Benign global market conditions have supported asset performance, although term premia are elevated due to fiscal risks. Bank soundness indicators remain solid, but a deepening bank-sovereign nexus raises some concerns.

Public Wage Bills in the Middle East and Central Asia

Author : Ms.Natalia T. Tamirisa,Mr.Christoph Duenwald
Publisher : International Monetary Fund
Page : 95 pages
File Size : 55,8 Mb
Release : 2018-01-09
Category : Business & Economics
ISBN : 9781484336731

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Public Wage Bills in the Middle East and Central Asia by Ms.Natalia T. Tamirisa,Mr.Christoph Duenwald Pdf

Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation, to our knowledge, this is the first study to systematically examine, with a focus on the Middle East and Central Asia region, the recent trends and drivers of public wage bills in the region and to identify key policy implications.

Iraq

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 85 pages
File Size : 40,7 Mb
Release : 2019-07-26
Category : Business & Economics
ISBN : 9781513508887

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Iraq by International Monetary Fund. Middle East and Central Asia Dept. Pdf

This 2019 Article IV Consultation and Proposal for Post-Program Monitoring highlights that Iraq’s social conditions remain harsh following the war with ISIS, with slow progress at reconstruction, weak public services and a lack of job opportunities. In the absence of policy changes, a widening budget deficit is expected to divert resources away from essential investment to rebuild the country and improve public services, while eroding reserves and posing risks to medium-term sustainability. Expenditure rigidities and limited fiscal buffers imply a significant vulnerability to oil price shocks in a context of volatile prices. The fiscal and external positions are expected to continue to deteriorate over the medium term absent policy changes—with reserves falling below adequate levels and fiscal buffers eroded. In a context of highly volatile oil prices, the major risk to the outlook is a fall in oil prices which would lower exports and budgetary revenues, leading to an even sharper decline in reserves or higher public debt. Geopolitical tensions, the potential for social unrest in a context of weak public services and lack of progress in combatting corruption pose further risks.

Namibia

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 86 pages
File Size : 52,6 Mb
Release : 2018-02-28
Category : Business & Economics
ISBN : 9781484344071

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Namibia by International Monetary Fund. African Dept. Pdf

This 2017 Article IV Consultation highlights that Namibia’s economy has reached a turning point with ending of temporary expansionary factors. GDP sharply decelerated in 2016 and contracted in 2017 as construction in the mining sector came to an end and the government began consolidating. With the economy contracting and Southern Africa Customs Union’s receipts temporarily increasing, the current account balance improved significantly. The outlook remains positive with considerable vulnerabilities and risks. Growth is projected to resume in 2018, as mining production ramps up, construction activity stabilizes and manufacturing recovers, before converging to a long-term rate of about 3.5 percent, below the average of recent years.

Republic of Estonia

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 55 pages
File Size : 40,6 Mb
Release : 2018-05-24
Category : Business & Economics
ISBN : 9781484357354

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Republic of Estonia by International Monetary Fund. European Dept. Pdf

This Selected Issues paper analyzes the drivers of wage growth and inflation in Estonia. The analysis reveals that the role played by the inflation and inflation expectations in Estonia is different from those of the EU15. The impact of inflation on wage formation is smaller than in larger and richer countries with lower inflation volatility. This has limited the downward pressure on wages during the period of very low inflation in 2014–16. Although there has been an episode of wage growth leading inflation before the global financial crisis, the current simultaneous acceleration in prices and wages is not evidence of a developing wage-price spiral, as a significant share of the increase in inflation is owing to exogenous factors.

Burkina Faso

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 23 pages
File Size : 48,7 Mb
Release : 2016-12-22
Category : Business & Economics
ISBN : 9781475562590

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Burkina Faso by International Monetary Fund. African Dept. Pdf

This Selected Issues paper examines the impact of scaled-up public investment in Burkina Faso. The results suggest that “big-push” investment efforts, while designed to accelerate growth, are likely to run up against significant absorption-capacity constraints. These constraints will diminish the efficiency of investment spending and result in lower public capital accumulation and productivity growth than under a more measured approach. The empirical evidence from the experience of many countries also suggests that the results of aggressive scaling-up initiatives are mixed.

Government Budgeting and Expenditure Management

Author : Salvatore Schiavo-Campo
Publisher : Routledge
Page : 777 pages
File Size : 53,8 Mb
Release : 2017-02-17
Category : Political Science
ISBN : 9781317293316

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Government Budgeting and Expenditure Management by Salvatore Schiavo-Campo Pdf

The government budget should be the financial mirror of society's choices. Yet most people view budgeting as the epitome of eye-glazing subjects, rarely explained in a way that is understandable to the non-specialist and too often presented without adequate consideration of a country’s governance and institutional capacity. Government Budgeting and Expenditure Management fills a gap in the literature to redress these failings and does so in comparative international perspective. This book provides a comprehensive but pithy and easy-to-understand treatment of public financial management, taking into account a variety of special issues including budgeting in post-conflict situations, at subnational government levels, for military/security expenditures, and in countries with large extractive revenues. Distilling the lessons of budgeting reform in countries at different levels of income and administrative capacity, each chapter gradually progresses from the basic principles to the more technical aspects and then on to implementation issues, using concrete examples and illustrations from around the globe. Government Budgeting and Expenditure Management is ideally suited as the primary text for advanced undergraduate or graduate courses in government budgeting or public financial management, or as a supplementary text for courses in public finance, public economics, economic development, public administration or comparative politics. With its attention to practical implementation aspects, the book will also be of direct interest to practitioners, policy-makers, and government employee training organizations.

Fiscal Monitor, April 2019

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 132 pages
File Size : 47,9 Mb
Release : 2019-04-10
Category : Business & Economics
ISBN : 9781498302203

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Fiscal Monitor, April 2019 by International Monetary Fund. Fiscal Affairs Dept. Pdf

This report discusses fiscal policies to prepare for the next downturn and foster long-term inclusive growth by adapting to changing demographics, advancing technology, and deepening global integration. It also covers recent fiscal developments and the fiscal outlook in advanced economies, emerging markets, and low-income developing countries; recent trends in government debt and analysis of changes in fiscal balances, revenue, and spending; and potential fiscal risks. The report takes on in-depth look at how corruption impacts government policies and operations, the fiscal costs, and how fiscal institutions can help fight corruption.

Exploring Universal Basic Income

Author : Ugo Gentilini,Margaret Grosh,Jamele Rigolini,Ruslan Yemtsov
Publisher : World Bank Publications
Page : 307 pages
File Size : 45,8 Mb
Release : 2019-11-25
Category : Political Science
ISBN : 9781464815119

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Exploring Universal Basic Income by Ugo Gentilini,Margaret Grosh,Jamele Rigolini,Ruslan Yemtsov Pdf

Universal basic income (UBI) is emerging as one of the most hotly debated issues in development and social protection policy. But what are the features of UBI? What is it meant to achieve? How do we know, and what don’t we know, about its performance? What does it take to implement it in practice? Drawing from global evidence, literature, and survey data, this volume provides a framework to elucidate issues and trade-offs in UBI with a view to help inform choices around its appropriateness and feasibility in different contexts. Specifically, the book examines how UBI differs from or complements other social assistance programs in terms of objectives, coverage, incidence, adequacy, incentives, effects on poverty and inequality, financing, political economy, and implementation. It also reviews past and current country experiences, surveys the full range of existing policy proposals, provides original results from micro†“tax benefit simulations, and sets out a range of considerations around the analytics and practice of UBI.

Civil service reforms in Pakistan

Author : Abdul Wajid Rana
Publisher : Intl Food Policy Res Inst
Page : 23 pages
File Size : 54,5 Mb
Release : 2019-11-12
Category : Political Science
ISBN : 8210379456XXX

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Civil service reforms in Pakistan by Abdul Wajid Rana Pdf

Effective governance is one of the key challenges for both developing and developed countries. Governments, today, are increasingly encountering complex and cross-cutting issues such as economic and financial volatility, internal and external conflicts, growing social tensions, adverse demographic trends, climate change vulnerabilities, weak regulatory regimes, huge infrastructure and service delivery gaps, state and elite capturing and sustaining rule of law. Faced with growing criticism of ineffectiveness of state institutions undermining country’s economic, social and political development because of weakening capacity of public officials to pace up with emerging challenges, there is a renewed interest in reforming the governance and reforming the civil service.