Author/Editor: Kevin Fletcher, Damiano Sandri.

Release Date:March, 2015

We develop a simple model to examine the conditions under which delaying fiscalconsolidation can affect the present value of GDP via the fiscal stance’s effects on theoutput gap and hysteresis. We more...

Author/Editor: Kevin Fletcher, Sanjeev Gupta, Duncan Last, Gerd Schwartz, Shamsuddin Tareq, Richard Allen, Isabell Adenauer.

Release Date:April, 2008

The international community has committed to scaling up aid and improving aid delivery to low-income countries to help them meet the Millennium Development Goals. Other emerging donors, public and more...

Author/Editor: Sanjeev Gupta, Duncan Last, Isabell Adenauer, Kevin Fletcher, Gerd Schwartz, Shamsuddin Tareq, Richard Allen.

Release Date:September, 2007

This paper discusses the role of fiscal policy and fiscal institutions in managing scaled-up aid. In an environment of volatile scaled-up aid, fiscal policy formulation should be anchored in more...

Author/Editor: Kevin Fletcher.

Release Date:January, 2005

Public sector revenue has declined markedly in the Philippines over the past seven years. Most observers of the Philippine economy agree that rebuilding public sector revenue will be critical to more...

Author/Editor: Sanjeev Gupta, Benedict J Clements, Kevin Fletcher, Gabriela Inchauste.

Release Date:August, 2002

This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices more...