Online Public Access Catalogue (OPAC)
Library,Documentation and Information Science Division

“A research journal serves that narrow

borderland which separates the known from the unknown”

-P.C.Mahalanobis


Image from Google Jackets

Post-crisis fiscal policy / [edited by] Carlo Cottarelli, Philip Gerson and Abdelhak Senhadji.

Contributor(s): Material type: TextTextPublication details: Cambridge : MIT Press, c2014.Description: vii, 562 p. : illustrations ; 24 cmISBN:
  • 9780262027182 (hardcover : alk. paper)
Subject(s): DDC classification:
  • 339.52 23 C846
Contents:
1. Fiscal sustainability and fiscal risk : an analytical framework / Carlo Cottarelli -- 2. Debt dynamics and fiscal sustainability / Carlo Cottarelli and Julio Escolano -- 3. The determinants of the interest-rate-growth differential / Julio Escolano -- 4. Determinants of the primary fiscal balance : evidence from a panel of countries / Li Zeng -- 5. The relationship between debt levels and growth / Manmohan S. Kumar and Jaejoon Woo -- 6. Fiscal trends and fiscal stress prior to the crisis / Jiri Jonas and Iva Petrova -- 7. Current debt crisis in historical perspective / S. Ali Abbas ... [et al.] -- 8. The other crisis : sovereign distress in the Euro area / S. Ali Abbas ... [et al.] -- 9. Has taxation contributed to the crisis? / John Norregaard ... [et al.] -- 10. Fiscal policy response in advanced and emerging market economies / Elif Arbatli ... [et al.] -- 11. Fiscal policy response during the crisis in low-income African economies / Martine Guerguil, Marcos Poplawski-Ribeiro, and Anna Shabunina -- 12. Size of fiscal multipliers / Aiko Mineshima, Marcos Poplawski-Ribeiro, and Anke Weber -- 13. Coordination of fiscal and monetary policies / Mika Kortelainen, Douglas Laxton, and Jack Selody -- 14. Financial sector support : why did costs differ so much? / Ceyla Pazarbasioglu, Uffe Mikkelsen, and Suchitra Kumarapathy -- 15. Impact of the crisis and policy response at the sub-national level / Borja Gracia, Jimmy McHugh, and Tigran Poghosyan -- 16. Fiscal outlook in advanced and emerging markets / Laura Jaramillo and Pablo Lopez-Murphy -- 17. Escaping high debt : the narrow path ahead / Lorenzo Forni and Marialuz Moreno Badia -- 18. Institutional reforms and fiscal adjustment / Xavier Debrun and Andrea Schaechter -- 19. Long-term fiscal challenges / Baoping Shang and Mauricio Soto -- 20. Fiscal adjustment, growth, and global imbalances / Mika Kortelainen, Douglas Laxton, and Jack Selody -- 21. Policy lessons from the crisis and the way forward / Carlo Cottarelli, Philip Gerson, and Abdelhak Senhadji-- Contributors-- Index.
Summary: This volume brings together the analysis underpinning the IMF's position on the evolving role of fiscal policy. After establishing its analytical foundation, with chapters on such topics as fiscal risk and debt dynamics, the book analyzes the buildup of fiscal vulnerabilities before the crisis, presents the policy response during the crisis, discusses the fiscal outlook and policy challenges ahead, and offers lessons learned from the crisis and its aftermath. Topics discussed include a historical view of debt accumulation; the timing, size, and composition of fiscal stimulus packages in advanced and emerging economies; the heated debate surrounding the size of fiscal multipliers and the effectiveness of fiscal policy as a countercyclical tool; coordination of fiscal and monetary policies; the sovereign debt crisis in Europe; and institutional reform aimed at fostering fiscal discipline.
Tags from this library: No tags from this library for this title. Log in to add tags.
Holdings
Item type Current library Call number Status Date due Barcode Item holds
Books ISI Library, Kolkata 339.52 C846 (Browse shelf(Opens below)) Available 136310
Total holds: 0

Includes bibliographical references and index.

1. Fiscal sustainability and fiscal risk : an analytical framework / Carlo Cottarelli --
2. Debt dynamics and fiscal sustainability / Carlo Cottarelli and Julio Escolano --
3. The determinants of the interest-rate-growth differential / Julio Escolano --
4. Determinants of the primary fiscal balance : evidence from a panel of countries / Li Zeng --
5. The relationship between debt levels and growth / Manmohan S. Kumar and Jaejoon Woo --
6. Fiscal trends and fiscal stress prior to the crisis / Jiri Jonas and Iva Petrova --
7. Current debt crisis in historical perspective / S. Ali Abbas ... [et al.] --
8. The other crisis : sovereign distress in the Euro area / S. Ali Abbas ... [et al.] --
9. Has taxation contributed to the crisis? / John Norregaard ... [et al.] --
10. Fiscal policy response in advanced and emerging market economies / Elif Arbatli ... [et al.] --
11. Fiscal policy response during the crisis in low-income African economies / Martine Guerguil, Marcos Poplawski-Ribeiro, and Anna Shabunina --
12. Size of fiscal multipliers / Aiko Mineshima, Marcos Poplawski-Ribeiro, and Anke Weber --
13. Coordination of fiscal and monetary policies / Mika Kortelainen, Douglas Laxton, and Jack Selody --
14. Financial sector support : why did costs differ so much? / Ceyla Pazarbasioglu, Uffe Mikkelsen, and Suchitra Kumarapathy --
15. Impact of the crisis and policy response at the sub-national level / Borja Gracia, Jimmy McHugh, and Tigran Poghosyan --
16. Fiscal outlook in advanced and emerging markets / Laura Jaramillo and Pablo Lopez-Murphy --
17. Escaping high debt : the narrow path ahead / Lorenzo Forni and Marialuz Moreno Badia --
18. Institutional reforms and fiscal adjustment / Xavier Debrun and Andrea Schaechter --
19. Long-term fiscal challenges / Baoping Shang and Mauricio Soto --
20. Fiscal adjustment, growth, and global imbalances / Mika Kortelainen, Douglas Laxton, and Jack Selody --
21. Policy lessons from the crisis and the way forward / Carlo Cottarelli, Philip Gerson, and Abdelhak Senhadji--
Contributors--
Index.

This volume brings together the analysis underpinning the IMF's position on the evolving role of fiscal policy. After establishing its analytical foundation, with chapters on such topics as fiscal risk and debt dynamics, the book analyzes the buildup of fiscal vulnerabilities before the crisis, presents the policy response during the crisis, discusses the fiscal outlook and policy challenges ahead, and offers lessons learned from the crisis and its aftermath. Topics discussed include a historical view of debt accumulation; the timing, size, and composition of fiscal stimulus packages in advanced and emerging economies; the heated debate surrounding the size of fiscal multipliers and the effectiveness of fiscal policy as a countercyclical tool; coordination of fiscal and monetary policies; the sovereign debt crisis in Europe; and institutional reform aimed at fostering fiscal discipline.

There are no comments on this title.

to post a comment.
Library, Documentation and Information Science Division, Indian Statistical Institute, 203 B T Road, Kolkata 700108, INDIA
Phone no. 91-33-2575 2100, Fax no. 91-33-2578 1412, ksatpathy@isical.ac.in