The empirical analysis, based on monthly data for the period 1995-2004, suggests that all levels of government react strongly to changes in indebtedness by. This article reviews recent trends in fiscal performance in Brazil, estimates fiscal reaction functions for the consolidated public sector and different levels of government, and tests for the sustainability of the public debt dynamics. This paper does not examine the related topic of Whole-of-Government Accounts.
Attention is paid to the complex structure of public service delivery, with much of that now done by quasi-public organisations outside both the proposed departmental boundary and the national accounts aggregate of general government. The limited area for consolidation proposed by the UK Treasury as the basis for constructing Departmental Resource Accounts is criticised. After reviewing private sector experience with consolidation, the structure of UK central government is carefully mapped. Taking the UK proposals for Resource Accounting and Budgeting, this paper shows that issues concerning consolidation are proving both important and troublesome.
A key dimension is the conversion of accounting from the traditional cash basis to accruals, usually anchored in GAAP as developed for that country's private sector. I also quantify the contribution of different countries and regions through changes in average income, in inequality or in population, showing that the main global trends are largely driven by the drastic changes experienced by China and India over these decades.Government accounting reform has in certain industrialised countries become a recognisable component of market-oriented New Public Management reforms. Relative inequality has been clearly reduced in the long term but with most indices also showing a sharp decline since at least end of 1990s due to income differences between countries being narrowed. The results show absolute inequality increasing almost continuously.
absolute or relative, or with more emphasis in specific parts of the distribution. I analyse the extent to which the main global inequality trends depend on specific distributive views, i.e. This paper presents preliminary evidence of the annual global income distribution since 1950 using a new integrated dataset that aggregates standardized country income distributions at the percentile level estimated from various sources in the World Income Inequality Database.
0 kommentar(er)
