2011 · 11 citations · 4 references
Public AffairsPublic FinancePublic PolicyFiscal PolicyIntergovernmental Fiscal RelationsTax PolicyDebt Management PolicyFiscal DecentralizationFiscal ManagementFiscal Policy AnalysisFiscal ReformTax Debt ManagementDebt Servicing Under Fiscal RulesDecentralization Of Economic ActivityFiscal Policy ResponsesIntergovernmental Fiscal DisciplinePublic Debt DecentralizationPublic Debt ReductionPublic Finance SustainabilitySubordinated Debt Financing
Fiscal governance is strong only when governments can deliver their fiscal policy in a sustainable way, and are efficiently applied to the provision of public goods and services. This paper introduces the topics of fiscal policy and its potential effects on economic activity. The paper delves the economic roles and potential methods of domestic and foreign debt financing. It focuses on the methodology of fiscal policy for calling and assessing the impacts of alternative tax policies, and debt management requirements. The paper also covers the basic theory, policy and practice of public finance including decentralization and intergovernmental fiscal relations in developing and transitional economies of Africa.
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