Why do governments cut their deficits? Lessons for high-debt countries in a post-pandemic world by Benedict Clements, Sanjeev Gupta, João Tovar Jalles, and Victor Mylonas published by CGD, indicated by Alvaro Manoel (10/2022). We construct a novel database covering…
Debt Reduction, Fiscal Adjustment, and Growth in Credit-Constrained Economies by Emanuele Baldacci, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF, indicated by Teresa Ter-Minassian (11/2013). This paper assesses the effects of fiscal consolidations associated with public debt reduction on…
Front-Loaded or Back-Loaded Fiscal Adjustments: What Works in Emerging Market Economies? by Emanuele Baldacci, Benedict Clements, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF, indicated by Teresa Ter-Minassian (8/2014). This paper investigates the political and economic determinants of successful…
What Sustains Fiscal Consolidations in Emerging Market Countries? prepared by Sanjeev Gupta, Emanuele Baldacci, Benedict Clements, and Erwin R. Tiongson published by IMF (11/2003). The views expressed in this Working Paper are those of the author(s) and do not…
Fiscal Politics, edited by Vitor Gaspar, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF (2017). “Fiscal Politics seeks to capture the politics of fiscal policymaking, and thus revives a tradition in political economy that gradually left the mainstream. This…
Evaluating Government Employment and Compensation by Benedict Clements, Sanjeev Gupta, Izabela Karpowicz, and Shamsuddin Tareq published by IMF (9/2010). Government compensation as a share of GDP and as a share of total government spending. It is often useful to…
Pension reform and equity by Benedict Clements, Csaba Feher, Sanjeev Gupta published by VOXEU (7/2014) “The discussion on pension reform typically centres on fiscal sustainability. This column argues that equity concerns are of primary importance, both in selling proposed reforms…
Public finance goes digital – Technology is reshaping how governments raise and sprend money by Sanjeev Gupta, Michael Keen, Alpa Shah, and Geneviève Verdier published by IMF (3/2018). “…But there’s a dark side: digitalization has intensified concerns about privacy,…
Digital revolutions in public finance by Sanjeev Gupta, Michael Keen, Alpa Shah, and Geneviève Verdier (editors) published by IMF (2017). “The digital revolution holds vast potencial to improve fiscal policy. By transforming the way countries collect, process, and act…
Fiscal politics by Vitor Gaspar, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF (3/2017). “Politics influence economic outcomes through various channels, including structural reforms and monerary and fiscal policies. The proximity to elections can affect the mix of governments’s…
