Príklady fiscal

• In the absence of rigorous fiscal tightening, the burden of adjustment fell disproportionately on monetary policy.

• Finally, the marginal contribution of each variable to the conditional probability of a fiscal consolidation being undertaken is fairly consistent across all three regressions.

• Research should focus on ways, including fiscal policy, to increase the attractiveness to the processing companies of relying on smallholder production.

• Finally, as in 1992, there was no evidence that fiscal transfers favoured regions more advanced in economic reform or those most efficient at collecting taxes.

• Table 2 lists the eleven municipalities according to four measures of fiscal capacity.

• Our interest, therefore, is in fiscal policies that permit equilibria where money has positive value.

• Instead of summing up expansions and contractions in extraordinary fiscal periods, we allow the effects of fiscal policy to vary between expansions and contraction.

• This is not satisfactory since extraordinary periods possibly signal permanent fiscal changes.

• The extent of administrative reform has also been limited by the administration's fiscal policies.

• This article develops a functional typology based on political, administrative, and fiscal dimensions of decentralization.

• It follows that public spending increased more after fiscal year 1988 than before fiscal year 1987.

• In their introduction, the authors point out the advantages of their fiscal gap measure relative to convention deficit accounting.

• However, in so far as nominal rigidities hamper market adjustments, fiscal policy measures can alleviate temporary country-specific disequilibria.

• Unfortunately, the fiscal reform finally implemented in 2002 was less ambitious.

• It relies typically on legislation, delegated authority and specific fiscal incentives.