 | The Fiscal Consequences of Shrinking Populations Author/Editor: Benedict J. Clements, Kamil Dybczak, Vitor Gaspar, Sanjeev Gupta, Mauricio Soto. Release Date:October, 2015 This Staff Discussion Note looks at the stark fiscal challenges posed by the decline and aging of populations between now and 2100. It finds that without reforms, pensions and health spending would more...
| Price: $10.00
|  | Is the Glass Half Empty Or Half Full? : Issues in Managing Water Challenges and Policy Instruments Author/Editor: Kalpana Kochhar, Catherine A Pattillo, Yan M Sun, Nujin Suphaphiphat, Andrew J Swiston, Robert Tchaidze, Benedict J Clements, Stefania Fabrizio, Valentina Flamini, Laure Redifer, Harald Finger. Release Date:June, 2015 This paper examines water challenges, a growing global concern with adverse economic and social consequences, and discusses economic policy instruments. Water subsidies provided through public more...
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|  | Equitable and Sustainable Pensions : Challenges and Experience Author/Editor: Benedict J. Clements, Frank Eich, Sanjeev Gupta. Release Date:March, 2014 Pension reform is high on the agenda of many advanced and emerging market economies, for many reasons. First, public pensions often constitute a large share of government expenditure. Second, more...
| Price: $38.00
|  | The Challenge of Public Pension Reform in Advanced and Emerging Economies Author/Editor: Benedict J. Clements, David Coady, Frank Eich, Sanjeev Gupta, Alvar Kangur, Baoping Shang, Mauricio Soto. Release Date:January, 2013 Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as more...
| Price: $33.00
|  | Monetary and Fiscal Policy Options for Dealing with External Shocks - Insights from the GIMF for Colombia Author/Editor: Enrique Flores, Daniel Leigh, Benedict J. Clements. Release Date:March, 2009 This paper utilizes an open-economy New Keynesian overlapping generations model, the Global Integrated Monetary and Fiscal Model (GIMF), to assess the macroeconomic effects of external shocks and the more...
| Price: $18.00
|  | Are Capital Controls Effective in the 21st Century? the Recent Experience of Colombia Author/Editor: Benedict J. Clements, Herman Kamil. Release Date:February, 2009 This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate dynamics. The results suggest that the controls were successful in reducing external more...
| Price: $18.00
|  | Unproductive Public Expenditures: A Pragmatic Approach to Policy Analysis Author/Editor: Ludger Schuknecht, Sergio Lugaresi, Jerald Alan Schiff, Gerd Schwartz, Daniel P. Hewitt, Ke-young Chu, Benedict J. Clements, Sanjeev Gupta. Release Date:August, 1995 Public expenditures policy, together with efforts to raise revenue, is at the core of efficient and equitable adjustment. Public expenditure productivity has critical implications for fiscal more...
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