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Tuesday, July 28, 2020 | History

7 edition of Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia found in the catalog.

Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia

Lev M. Freinkman

Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia

by Lev M. Freinkman

  • 391 Want to read
  • 31 Currently reading

Published by World Bank in Washington, DC .
Written in English

    Subjects:
  • Finance, Public -- Armenia (Republic),
  • Fiscal policy -- Armenia (Republic),
  • Budget deficits -- Armenia (Republic)

  • Edition Notes

    Includes bibliographical references (p. 49-50).

    StatementLev Freinkman, Gohar Gyulumyan, Artak Kyurumyan.
    SeriesWorld Bank working paper -- no. 16.
    ContributionsGyulumyan, Gohar., Kyurumyan, Artak.
    Classifications
    LC ClassificationsHJ1302.2 .F74 2003
    The Physical Object
    Paginationix, 50 p. :
    Number of Pages50
    ID Numbers
    Open LibraryOL17618558M
    ISBN 100821356046, 0821356054
    LC Control Number2003057674
    OCLC/WorldCa52559232

    Freinkman L.M.: free download. Ebooks library. On-line books store on Z-Library | B–OK. Download books for free. Find books. Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia. Armenian International Policy Research Group Working Paper No. 03/06 Number of pages: 38 Posted: 01 Apr Lev Freinkman, Gohar Gyulumyan and Artak Kyurumyan.

    ARMENIA - OVERVIEW OF FISCAL DECENTRALIZATION. There are two levels of territorial authority in Armenia – the central government (karavarutyun) and the local level community (hamaynk). The community is the only self-government tier in Armenia. There are communities, including villages, 48 towns and the capital city of Yerevan.   Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia By Lev Freinkman, Gohar Gyulumyan.

    The NEITI audit also identifies several types of other quasi-fiscal spending. According to the report, NNPC spent USD billion from the cash-call account on non-cash call items such as security payments (USD million), overhead payments (USD million) and the expansion of the Escravos Lagos pipeline (USD million). In addition, related macro issues such as –but not only- sustainable fiscal frameworks and rules (including non-oil fiscal deficits),4 resource curse,5 Dutch disease,6 quasi-fiscal activities (QFAs)7 and the different approaches to address those (e.g., through institution building, the establishment of oil/gas funds, etc.) will also be discussed.


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Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia by Lev M. Freinkman Download PDF EPUB FB2

The principal finding of the paper is that while quasi-fiscal deficits in Armenia remain considerable, their recent decline has been a major contributing factor to Armenia’s fiscal adjustment. The paper also shows that households remain a major ultimate recipient of quasi-fiscal subsidies.

Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia/ Lev Freinkman, Gohar Gyulumyan, Artak Kyurumyan. cm (World Bank working paper; no. 16) Includes bibliographical references. ISBN 1. Finance, Public--Armenia (Republic) 2.

Fiscal policy--Armenia (Republic) 3. Budget. (PDF) Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia | Lev Freinkman and Artak Kyurumyan - This paper aims to develop a detailed analysis of quasi-fiscal deficits and subsidies, and their impact on Armenia’s fiscal performance in.

The main finding of the paper is that, while quasi-fiscal deficits in Armenia remain considerable, their recent decline has been the main source of fiscal adjustment in Armenia to date. The paper. Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia.

World Bank Working Paper;No. This book is intended to explain the factors underlying the stellar growth record that has led to Armenia's emergence as the Caucasian Tiger and to provide policy advice to the Armenian authorities to ensure the.

Section IV presents a comprehensive picture of subsidization in Armenia, including hidden and quasi-fiscal subsidies that were a primary cause of the hidden deficit. The final section brings more detailed analysis of quasi-fiscal subsidies in Armenia by showing their ultimate sources and main beneficiaries.

Downloadable. This paper aims to develop a detailed analysis of quasi-fiscal deficits and subsidies, and their impact on Armenia’s fiscal performance in the second part of the s.

Based on the flow-of-funds approach, we estimate the magnitude of the quasi-fiscal deficits and the incidence of quasi-fiscal subsidies in Armenia, as well as identify main recipients and donors of quasi-fiscal. The main finding of the paper is that, while quasi-fiscal deficits in Armenia remain considerable, their recent decline has been the main source of fiscal adjustment in Armenia to date.

The paper also shows that the population remains a major ultimate recipient of quasi-fiscal subsidies. Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia Freinkman, Lev; Gyulumyan, Gohar; Kyurumyan, Artak () This paper aims to develop a detailed analysis of quasi-fiscal deficits and subsidies, and their impact on Armenia's fiscal performance in the second part of the s.

Republic of Armenia programmatic fiscal work supporting effective fiscal management (English) Abstract. The objective of this report, which is the third in a series of programmatic public expenditure reviews (PPER), is to identify potential measures to strengthen public finances in line with the Government’s strategy to reduce fiscal risks and support budgetary.

While these deficits remain, they have declined recently, becoming the main source of fiscal adjustment in Armenia. This study also presents a comprehensive picture of subsidization in Armenia, including hidden and quasi-fiscal subsidies that were a primary cause of the hidden deficit.

Quasi-Fiscal Activities. Like tax expenditures, quasi-fiscal activities epresent “hidden expenditures,” are often invisible, and tend to benefit narrow groups. Every effort should be made to eliminate them, but at the very least they should be reported on transparently, and their fiscal impact measured.

What are quasi-fiscal activities. Quasi-Fiscal Activities (QFAs): Conceptual Issues. Public sector organizations and the central bank can play an important role as agents of fiscal policy through the use of QFAs, thus disguising the overall size of the government as conventionally measured (e.g., ratio of government spending to GDP) and the true extent of taxation.

Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia (الانكليزية). The principal finding of the paper is that while quasi-fiscal deficits in Armenia remain considerable, their recent decline has been a major contributing factor to Armenia's fiscal adjustment.

The paper also shows that households remain a major ultimate recipient of quasi-fiscal subsidies. Lev Freinkman & Gohar Gyulumyan & Artak Kyurumyan, "Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia," World Bank Publications, The World Bank, numberJune.

Abstract This is the first full scale World Bank Public Expenditure Review (PER) for Armenia. The primary objective of the Report was to review the main fiscal trends in Armenia f. Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia This paper aims to develop a detailed analysis of quasi-fiscal deficits and subsidies, and their impact on Armenia’s fiscal performance in the second part of the 90s.

SinceArmenia's economic performance has been remarkable. Real economic growth has averaged 11 percent a year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has outperformed other low-income countries including other members of the Commonwealth of Independent States.

This is particularly impressive given the geographical location of Armenia. Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia (World Bank Working Papers) Lev M. Freinkman, Gohar Gyulumyan, Artak Kyurumyan.

Year: Language: A search query can be a title of the book, a name of the author, ISBN or anything else. Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal including hidden and quasi-fiscal subsidies that were a primary cause source of fiscal adjustment in Armenia to date was.

The important point to note with quasi-fiscal activities is that like tax expenditures, quasi-fiscal activities present hidden expenditures. They .Quasi-Fiscal Activities, Hidden Government Subsidies, and Fiscal Adjustment in Armenia Vishy Anand: Chess Super-Talent Add a Little Magic (Gift Book) Forensic Linguistics: Second Edition Guider les enfants autistes dans les habiletés sociales Saga Book Two Anatomy Histology and Cell Biology Pretest Self-assessment and Review Longing for the.