Navigating the Fiscal Challenges Ahead

Navigating the Fiscal Challenges Ahead

Author: International Monetary Fund. Fiscal Affairs Dept.

Publisher: International Monetary Fund

Published: 2010-05-13

Total Pages: 92

ISBN-13: 1455280496

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With increasing fiscal challenges in the aftermath of the global financial crisis, multilateral surveillance of fiscal developments, a key part of the IMF's surveillance responsibilities, has gained further importance. In response, the Fiscal Monitor was launched in 2009 to survey and analyze the latest public finance developments, update fiscal implications of the crisis and medium-term fiscal projections, and assess policies to put public finances on a sustainable footing. Previous issues of the Monitor were published in the IMF's Staff Position Notes series, but starting with this issue, the Monitor will be a part of the IMF's World Economic and Financial Surveys series, to complement the overviews presented in the World Economic Outlook (WEO) and the Global Financial Stability Report (GFSR). The Fiscal Monitor is prepared twice a year by the IMF's Fiscal Affairs Department. The Monitor's projections are based on the same database used for the April 2010 WEO and GFSR. The fiscal projections for individual countries have been prepared by IMF desk economists, and, in line with the WEO guidelines, assume that announced policies will be implemented.


Navigating the Financial Universe

Navigating the Financial Universe

Author: Christeen H. Skinner

Publisher: Nicolas-Hays, Inc.

Published: 2019-09-01

Total Pages: 226

ISBN-13: 0892546840

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In Navigating the Financial Universe, financial astrologer Christeen Skinner, who forecasted the global financial crisis in her original work published in 2004, builds on her reputation for successful financial forecasting. She identifies periods of challenge and suggests ways in which these might be negotiated. Using her experience working with clients, entrepreneurs, traders, and investors, she acknowledges the needs and behavioral patterns of different generations—building financial confidence in the reader. Chapter topics include the following: Preparing and understanding your financial engine Plotting your financial course with planet cycles Identifying periods when it is wise to do nothing versus optimum times to trade Assessing the provisions needed in moving forward Guidance on avoiding financial rocks and potential shipwreck Developing your investment portfolio


On Being Nonprofit

On Being Nonprofit

Author: Peter Frumkin

Publisher: Harvard University Press

Published: 2009-07

Total Pages: 228

ISBN-13: 9780674037403

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Focusing on nonprofits' growing dependence on public funding, their tendency toward political polarization, their often idiosyncratic missions, and their increasing commercialism, Peter Frumkin argues that the long-term challenges facing nonprofit organizations will be solved only when they achieve greater balance among their four central functions. Probing foundational thinking as well as emergent ideas, the book is an essential guide for nonprofit novices and experts alike who want to understand the issues propelling public debate about the future of their sector.


The Municipal Financial Crisis

The Municipal Financial Crisis

Author: Mark Moses

Publisher: Springer Nature

Published: 2022-01-06

Total Pages: 175

ISBN-13: 3030878368

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City governments are going bankrupt. Even the ones that aren’t are often stuck in financial chaos. It is easy to blame pensions, poor leadership, or a bad economy. But the problems go much deeper. With decades of experience in local government, author Mark Moses showcases the inside world of the city decision-making process that has spawned these crises. It becomes clear: City governments are maxing out their budgets because they are trying to maximize services. This book, likely the most ambitious attempt by someone who has worked in government to radically examine the delivery of municipal services since 'Reinventing Government' was published more than 25 years ago, explores why city governments pursue an open-ended mission and why bailouts and trendy budgeting processes will be, at best, only temporary solutions. Of interest to current and future city council members, regional and state government officials, those covering city government, financial analysts, city management, and individuals and organizations interested in influencing city policy, this book argues that cities won’t thrive until city hall is disrupted.


Indonesia

Indonesia

Author: Mr.Thomas Rumbaugh

Publisher: International Monetary Fund

Published: 2012-01-19

Total Pages: 142

ISBN-13: 1616352027

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Over the past decade, Indonesia has developed into an important regional and global economy, as well as an active participant in the G20. The chapters in this book document the substantial improvements in the quality of macroeconomic policy that Indonesia has achieved, while also clearly laying out an agenda of measures that should be taken to safeguard these gains and further lower vulnerabilities going forward. Rather than just demonstrating progress in key macroeconomic indicators, the contributors have delved into the ways that global volatility, especially since 2008, has affected Indonesia and how that country has adjusted its policies to meet the new challenges.


Some Uncomfortable Arithmetic Regarding Europe’s Public Finances

Some Uncomfortable Arithmetic Regarding Europe’s Public Finances

Author: Mrs.Delia Velculescu

Publisher: International Monetary Fund

Published: 2010-07-01

Total Pages: 34

ISBN-13: 145520188X

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Traditional fiscal indicators focused on measures of current deficits and debt miss the potentially important implications of current policies for future public finances. This could be problematic, including in the case of Europe, where population aging is expected to pose additional fiscal costs not captured by such indicators. To better gauge the state of public finances in the EU27 countries, this paper derives forward-looking fiscal measures of intertemporal net worth both directly from the European Commission’s Aging Working Group’s long-run indicators and using a comprehensive public-sector balance sheet approach. These measures could be used as an "early warning" mechanism and also as a communication device with the public. Current estimates indicate that, on existing policies, the intertemporal net worth of the EU27 is deeply negative, even in excess of its GDP level, and is projected to worsen further over time. This suggests that Europe’s current policies need to be significantly strengthened to bring future liabilities in line with the EU governments’ capacity to generate assets.


The Crisis This Time

The Crisis This Time

Author: Greg Albo

Publisher: NYU Press

Published: 2010-12

Total Pages: 341

ISBN-13: 1583672281

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-Showing how 'exit strategies' are reviving neoliberalism.


Iraq

Iraq

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

Published: 2017-08-09

Total Pages: 30

ISBN-13: 1484315006

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This Selected Issues paper discusses the need to reduce Iraq’s current expenditure to create fiscal space for inclusive growth. Iraq’s public spending is high in international comparison and is driven by its two largest components: compensation of public employees and social transfers. The reform of social welfare cash transfer programs promises to improve their large targeting errors and result in greater capacity to address poverty at a lower fiscal cost. The government also needs to introduce further amendments to the draft pension bill and critically review programs benefiting victims of war and political persecution to improve their targeting and limit their potential for abuse and a negative impact on the labor supply.


Social Policy in Challenging Times

Social Policy in Challenging Times

Author: Kevin Farnsworth

Publisher: Policy Press

Published: 2011

Total Pages: 349

ISBN-13: 1847428274

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Bringing together a range of expert contributions, this book is the first to address the relationship between the economic crisis and social policy within an international context. The key lesson to emerge is that 'the crisis' is better understood as a variety of crises, each mediated by national context.