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2 edition of Aid and tax instability and the government budget constraint in developing countries found in the catalog.

Aid and tax instability and the government budget constraint in developing countries

Norman Gemmell

Aid and tax instability and the government budget constraint in developing countries

by Norman Gemmell

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  • 34 Currently reading

Published by Centre for Research in Economic Development and International Trade, University of Nottingham in Nottingham .
Written in English

    Subjects:
  • Economic assistance -- Developing countries.,
  • Taxation -- Developing countries.

  • Edition Notes

    Statementby Norman Gemmell and Mark McGillivray.
    SeriesCREDIT research paper -- no.98/1
    ContributionsMcGillivray, Mark., University of Nottingham. Centre for Research in Economic Development and International Trade.
    The Physical Object
    Pagination20p. ;
    Number of Pages20
    ID Numbers
    Open LibraryOL17494434M

    Intertemporal Government Budget Constraint. Tax and spending decisions at different dates are linked. Although governments can borrow or lend in a given year, a government’s total spending over time must be matched with revenues. When a government runs a deficit, it typically borrows to finance it.   Government XYZ has only a few sources of revenue, the majority of which come in the form of taxes. Individual income taxes and payroll taxes generate the most revenue.

    Aid and tax instability and the government budget constraint in developing countries N Gemmell, M McGillivray Centre for Research in Economic Development and International Trade , financial terms, to developing countries. Many studies in the empirical literature on the effectiveness of foreign aid have tried to assess if aid reaches its main objective, defined as the promotion of economic development and welfare of developing countries (Sandrina, ). On the other hand, the act of borrowing creates debt.

    REVENUE STATISTICS. The OECD’s flagship publication Revenue Statistics – an annual report presenting a unique set of internationally comparable tax data in a common format – is expanding to include a larger number of partner countries. This expansion is driven by a desire to improve the comparability, consistency, quality and accessibility of revenue indicators and data in developing and. Abstract. The government budget constraint is an accounting identity linking the monetary authority’s choices of money growth or nominal interest rate and the fiscal authority’s choices of spending, taxation, and borrowing at a point in time.


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Aid and tax instability and the government budget constraint in developing countries by Norman Gemmell Download PDF EPUB FB2

Revenue instability can be expected, via the government budget constraint, to be associated with expenditure instability and/or instability in the sources of deficit finance.

Norman Gemmell and Mark McGillivray, Aid and tax instability and the budget constraint in developing countries, Research Paper 98/1 (Nottingham: CREDIT, University of Nottingham, ). This content is only available as a by: Aid and Tax Instability and the Government Budget Constraint in Developing Countries”, ().

Aid Instability as a Measure of Uncertainty and the Positive Impact of Aid on. Sèna Kimm Gnangnon, Jean‐François Brun, Tax Reform and Public Revenue Instability in Developing Countries: Does the Volatility of Development Aid Matter?, Journal of International Development, /jid, 31, 8, (), ().Cited by: ().

Aid and Tax Instability and the Government Budget Constraint in Developing Countries’. Aid and the Dutch Disease: Macroeconomic Management, when Everybody Loves You’.

World Development, (). Aid and the Political Economy of Policy Change. ().Author: Peter Quartey. Aid and tax instability and the government budget constraint in developing countries: CREDIT Research Paper (No. 98/l). Nottingham: Centre for Research in.

The list is mainly based on CIA World Factbook for the year and The Chinese, Brazilian, Indian, and United States government budgets are the figures reported by the International Monetary Fund.

The table includes information from government's budgets; namely revenues, expenditures and the resulting deficits or countries are ranked by their budget revenues in fiscal. Government budget - Government budget - Components of the budget: In the United States the budget for each fiscal year contains detailed information on the outlays intended by the federal government and the receipts expected, including those from trust funds.

The budget also divides authorized expenditure into that which can be carried out without action by Congress and that which. Foreign aid in developing countries may decrease the government's dependence on its citizens for tax revenues.

Parents maximize their utility by taking into consideration the budget constraint over an infinite horizon. assassinations, coups d'état, revolutions, riots, strikes, regime, political instability, freedom, government. The research aims to contribute to a better understanding of the evolution of tax systems in selected sub-Saharan African countries.

Furthermore, it aims to explore the constraints and options available for policy making and implementation on revenue mobilisation in light of current political, economic and administrative reforms. When government spending and taxation amount as they do in many industrialized economies to around 40% of GNP, it is inevitable that tax and expenditure decisions exert a major impact on the allocation of resources.

Government spending in low-income developing countries averages 20% of GNP2, still quite sufficient to affect the allocation of. 1. Introduction.

International aid to developing countries shares some of the characteristics and challenges of natural resource rents. Both constitute a form of non-tax revenue, with the potential of engendering a ‘curse’, as the government's budget depends less on the country's general economic productivity (Djankov et al.,Morrison, ).

THE PROBLEM OF GOVERNMENT BUDGETING IMPLEMENTATION IN DEVELOPING COUNTRIES (A CASE STUDY OF NIGERIA) CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY A Budget is commonly understood as the focus by a government of its expenditure and revenue for a specific period of time.

The general budget can be defined as a government plan for revenue and. Government budget - Government budget - The budgetary process: The budgetary process is the means by which the executive and legislative branches together formulate a coherent set of taxing and spending proposals.

The mechanics of this process, and the relative roles of the two parts of government, differ considerably among countries. Although the process of preparing and discussing. of an effect of aid on political instability using OLS fixed effects and GMM system. Aid flows the strengthening of a "soft budget constraint" and of the "tragedy of (ifaid decreasesthetaxrate).

Political instability is a core concern in most of developing countries, especially in Africa. The. The two government budget constraints (i) and (ii) and the debt/deficit constraint (iii) are combined to obtain two modified government budget constraints solved for X 1 and X 2, respectively.

These two modified government budget constraints and the two private sector budget constraints (iv) and (v) can then be substituted into objective. 02/12/02 TCE FAX I.I.E. The empirical importance of the Ricardian equivalence hypothesis ing is a.

cannot be cxaggeraced. If the hypothesis holds, budget deficits do not affect of exch: national saving, interest races, or the balance of payments; nor does chc method and do1 of financing of social security affect the accumulation of capital.

• Foreign aid should soften the government budget constraint, decreasing external transfers and leading to improved policies, as opposed to delaying structural reforms in public revenue structures or resulting in unproductive spending.

In heavily aid-dependent countries, instability. Aid received by the government is an additional source of revenue that is treated either as relaxing the budget constraint or altering the formation of targets (i.e. tax can be lower and/or spending can be higher than in the absence of aid).

development. He started his criticism when foreign aid to the developing world was only getting underway, and never wavered. He defined foreign aid as “a transfer of resources from the taxpayer of a donor country to the government of a recipient country (, p.

).” Needless to say, this did not endear him to the aid establishment. expenditure via tax revenue, aid and domestic borrowing, in that order. This internalization of aid by the Ugandan government rejects the opposite case, known as ‘aid exogeneity’. Other fi ndings suggest that although Uganda’s government has a budget constraint, of which aid is a component, it.Moreover, the country depended heavily on external skills and capital.

Domestic savings were virtually nonexistent, and government recurrent budget deficits were met by grants-in-aid from the United Kingdom. Malawi also faced major human development challenges, with low school enrollment rates and poor quality of education.developing countries.

Bose, Haque, and Osborn (), using panel data for 30 developing countries and an econometric methodology that explicitly accounts for the government budget constraint and possible biases arising from omitted variables, find that the share of government capital expenditure in GDP is positively and significantly.