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2017 Fiscal Forum: Digital revolutions in public finance published by IMF (4/2017). “New technology and increased information availability offer scope for policymakers to rethink the structure of tax policy in ways that could significantly increase their economic efficiency and…

Fical Monitor – Acting now, acting together  published by IMF (4/2016). “The global economy remains fragile at this time. While the recovery in advanced economies is softening, many emerging market and developing economies have experienced a significant economic slowdown, and…

Fiscal Monitor: Achieving more with less published by IMF (4/2017). “Fiscal policy has recently gained prominence, both in public debate and in governments’ policy. A reassessment of fiscal policy is taking place, stressing its greater role in fostering sustainable…

Upgrading the tax system to boost productivity – chapter 2 -Fiscal Monitor  published by IMF (2017). “…The chapter offers several key findings to support the overall message that how governments tax matters for productivity. Improving the design of tax…

Subdued Demand (IMF)

Subdued demand: symptoms and remedies published by IMF indicated by Alvaro Manoel (10/2016). “Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017. The forecast, revised down by 0.1 percentage point for…

Brazil: Staff concluding statement of the 2016 Article IV Mission published by IMF (9/2016). “Policymaking in recent years has failed to tackle long-standing structural problems and proven to be counterproductive, contributing to the erosion of policy credibility and a…

Cutting through the maze: A simple expenditure rule, remarks by Vitor Gaspar at the European Political Strategy Centre – published by IMF (6/2015). “The global financial crisis revealed many gaps in fiscal frameworks in Europe, and today’s panel will…

Optimal debt policy under asymmetric risck by Julio Escolano and Vitor Gaspar published by IMF (8/2016). “In the paper we show that, most of the time, smooth reduction in the debt ratio is optimal for tax-smoothing purposes when fiscal…

Managing government compensation and employment – Institutions, policies, and reform challenges – bit.ly/28Qnuoq – “Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of…

Analyzing and managing fiscal risks – Best practices published by IMF (4/2016). “Comprehensive analysis and management of fiscal risks can help ensure sound fiscal public finances and macroeconomic stability. This has been underscored by the global financial crisis and…