PPPs: Public Private Partnerships
Download here
On the occasion of the debt crisis in Greece and the adoption of the Memoranda, a series of measures were…
Abinaya Nathan Source: Jubilee Debt Campaign In Chad, pregnant women are putting off going to important but expensive health check-ups,…
This paper describes the compilation of the first truly comprehensive historical public debt database (HPDD) covering gross government debt-to-GDP ratios…
The paper considers the role of limits upon the permissible growth of public debt, like those stipulated in the Maastricht…
The recent fi nancial crisis and recession has left a legacy of historically high and rising level of public indebtedness…
The recent sharp increase in fiscal deficits and government debt in many countries raises questions regarding their impact on long-term…
Under free capital mobility, confidence crises can result in devaluations even when fixed exchange rates are viable, if fiscal authorities…
We examine whether the existence of a bank/Þrm relationship lowers the cost of public debt Þnancing. Using a sample of…
This article examines the determinants of the mix of private and public debt using detailed information on the debt structure…
Significant amounts of private capital have flowed out of several of the more heavily indebted developing countries. This outflow, often…
This paper uses an instrumental variable approach to study whether public debt has a causal effect on economic growth in…
Public opinion is convinced that the North is trying to help the South. Yet François Mitterrand declared in Naples at…
To facilitate our understanding of the complexity of the current crisis, Damien Millet, Eric Toussaint, and Daniel Munevar (CADTM) present…
Governments of the most industrialised countries have dramatically increased their public debt to bail out the private banks after the…
A necessary tool to understand the current global crisis, the data collected here by Damien Millet and Eric Toussaint (CADTM)…
Can the IMF and the World Bank be reformed? There is every reason to doubt it. In my opinion, these…
The beginning of Globalization goes back to the outcomes of the first voyage of Christopher Columbus that brought him, on…
Jacques de Groote, the former Executive Director at the IMF (1973- 1994) and World Bank (1975-1991) for Belgium, was condemned…
Indebtedness in developing countries presents a specific feature which has to be set at the heart of public debate: it results…
How do governments react to the accumulation of debt? Do they take corrective measures, or do they let the debt…
There has been a great deal of public concern in the United States about the rapid growth of the public…
Using a sample of 1,560 new debt financings, we examine the choice among bank debt, private, non-bank debt, and public…
A public debt theory is constructed in which the Ricardian invariance theorem is valid as a first-order proposition but where…
Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to…
The development of public debt and budget deficits has become a cru-cial policy problem in most industrialized countries. 1 Political…
This paper considers whether monetary and fiscal policy may sensibly be formulatedindependently of one another, and argues that the reasons…
This paper surveys the recent literature on the links between public debt and eco-nomic growth in advanced economies. 1 The…
High debt countries may face the risk of self-fulfilling debt crises. If the public expects that in the future the…
As a result of deregulation, there was a dramatic shift during the 1980s in Japan away from bank debt financing…
High and/or swiftly rising public-debt-to-GDP ratios (debt) became significant issues in many developed democracies in recent years. Figure 1 plots…
Rising public debt has been widespread in democratic-capitalist political economies since the 1970s, generally accompanied among other things by weak…
This paper derives the optimal composition of the Brazilian public debt by looking at the relativeimpact of the risk and…
Under the golden rule of public finance for public investment with a constant budget deficit/GDP ratio, we show that for…
Macroeconomic -stabilization and structural -adjustment programs for debt – ridden developing countries generally center on two major policies: reduction of…
This paper presents and analyzes an endogenous growth model with public cap-ital and public debt. It is assumed that the…
Excessive borrowing by subnational governments is considered to be one of the perils of fiscal decentralization. On the other hand,…
This paper introduces the first truly comprehensive database on gross government-debt-to-GDP ratios, covering nearly the entire IMF membership (178 countries)…
In their already-famous 2010 article “Growth-in-a-Time-of-Debt” ( AER -100(2)-pp.-573-78), Carmen Reinhart and Kenneth Rogoff show that average post-WW2 economic growth…
Using national accounts data for the revenue-GDP and expenditure GDP ratios from 1947 to 1992, we examine two central issues…
This paper analyzes institutional arrangements for public debt management by reviewing the experience of OECD countries during the late 1980s…
The paper models the optimal debt management strategy of the public sector when issuing nominal, price-level-indexed and foreign-denominated debt securities.…
Research that seeks to estimate the effects of fiscal policies on economic growth has ignored therole of public debt in…
Modernized Austrian capital theory implies: in capital market equilibriumwithout public debt the average period of production equals the average waiting…
Shifts between current taxation and debt issue alter the timing of taxes, which induces a variety of intertemporal substitution effects.…
Despite the rapid rise in public debt and large fiscal deficits, Japanese Government Bond (JGB) yields have remained fairly stable.…
I would like to thank my thesis committee: Ross Watts, Ray Ball, Clifford Smith, Bill Schwert and seminar participants at…
Cutting government spending on goods and services increases the budget de fi cit if the nominal interest rate is close…
Migration raises a potential free rider problem for the provision of durable local public goods if the latecomers can enjoy…
We investigate the impact of corporate tax avoidance on the cost of public debt and provide evidence on the channels…
It has become common for authors to argue that government commitment to repay debt depends upon institutions. In this article…
This paper proposes a sovereign asset and liability management framework for analyzing the inter-relationships between debt management, fiscal and monetary…
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study…
The theory of intertemporal budget constraint is applied to test Italian public debt sustainability with the finding that current fical…
Ratios of public debt as a share of GDP in Brazil, Colombia, and Mexico were 10 percentage pointshigher on average…
This paper considers an economy in which policyniakers with different preferences concerning fiscal policy alternate in office as a result…
Theoretical literature seeking to explain public-debt accumulation exploded in recentyears as debt crises emerged in many nations. Empirical evaluation of…
The debate on the appropriate responses to the crisis is increasingly, and more directly than ever, calling into question the…
Concerns about increasing government indebtness have been an important factor behind the widespread view. public debt in a medium_ter… by…
Public Debt and Economic Growth in an Aging Japan Toshihiro Ihori Faculty of Economics, University of Tokyo Ryuta Ray Kato…
Newly developed long historical time series on public debt, along with modern data on external debts,allow a deeper analysis of…
Human capital formation, public debt andeconomic growth Alfred Greiner ∗ Abstract This paper presents an endogenous growth model with human…
Monetary policy in Italy has large repercussions on the size of the government budget. wp449.pdf by Debt Free on Scribd
This paper analyses the Granger-causality relationship between the growth of the real GDP per capita and the public debt, here…
We study firms that reduced private debt by repaying bank loans with proceeds from junk bonds. Thedebt contracts differ dramatically,…
The worldwide growth slowdown after 1975 was a major negative fiscalshock; lower growth lowers the present value of tax revenues…
This paper examines the sustainability of fiscal policy under uncertainty in three emerging market countries, Brazil, Mexico, and Turkey. For…
“This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that corruption leads to an…
Economic Growth of Pakistan N AEEM A KRAM * 1. INTRODUCTION Heavy indebtedness of the developing countries is one of…
The paper attempts to empirically explore the transmission mechanism regarding the short-term impact of public debt and growth. We examine…
There is an urgent need to link the excessive deficit procedure with the issue of sustainabilityand hence the evolution of…
“We build a model with financial imperfections and heterogeneous agents and analyse the effects of two types of fiscal policy:…
ABSTRACT Empirical research on Political Business (and Budget) Cycles is moresupportive for electoral cycles in policies than in macro-economic outcomes.…
Wednesday, 8 January 2019 – Eurodad, along with 34 other CSO organisations, have today sent an open letter to the European…
From 26 to 28 November 2019, SOMO, Centro Cultural de la Cooperación Floreal Gorini, with scholars from the University of…
Στην Αγγλία μπορεί ακόμη και οι Τόρηδες να επαίρονται ότι το Εθνικό Σύστημα Υγείας δεν το πείραξε ούτε και οι…
In 2010, Greece faced an accelerated economic downturn and, under the fear of bankruptcy, the government requested financial assistance from…
“Χρειάζεται να δρομολογηθεί μια λύση που θα αποτελεί τη χρυσή τομή για την επίλυση του τεράστιου αυτού προβλήματος χωρίς να…
Αναδημοσιεύουμε το παρόν κείμενο σε μια προσπάθεια συμβολής στην κίνηση αναλύσεων και ιδεών. Σημειώνεται ότι θα προκρίναμε μία πολύ πιο…
Σε αρνητικές, από σταθερές, υποβάθμισε τις προοπτικές του αξιόχρεου του Ηνωμένου Βασιλείου, ο οίκος Moody’s, επικαλούμενος την εξασθένηση της θεσμικής…
Στη θέσπιση πάγιας ρύθμισης για χρέη στο Δημόσιο προχωράει το οικονομικό επιτελείο της κυβέρνησης, με προοπτική οι νέες διατάξεις να…
U.S. national debt has risen by more than $1 trillion in less than nine months.
Many countries are being forced to prioritise debt repayments while their citizens suffer cuts to basic services like healthcare and…
The International Monetary Fund (IMF) are spending $93 billion bailing out reckless lenders to 18 countries, in new analysis released…
The International Monetary Fund (IMF) has publicly responded to our research, launched yesterday with 34 other civil society organisations, that…
The Decision imposing a sanction may be challenged before the Court of Justice of the European Union under the conditions…
ACTION FOR SOUTHERN AFRICA (ACTSA) PRESS RELEASE
The European Central Bank regularly justifies the mis-alignement of its policies with the EU’s climate goals by claiming it must…
Low pay, insecure work and austerity are feeding a growing debt crisis, the TUC has warned today (Thursday). New TUC…
Positive Money Europe regrets the decision of the Governing Council of the ECB to reintroduce Quantitative Easing, and laments the…
Former Credit Suisse banker Andrew Pearse has pleaded guilty to taking millions of dollars in kickbacks on three loans he…
Πηγή: Jubilee Debt Campaign Tim Jones Despite making debt transparency one of the key items for discussion this year, the…
The IMF has agreed $449 million of loans to the Republic of Congo over three years. In response to the…
Source: Eurodad As G20 leaders meet this weekend to debate the state of the global financial and economic system, there…
On the occasion of the debt crisis in Greece and the adoption of the Memoranda, a series of measures were…
A.D.PAPAGIANNIDIS Greece has been in more than one ways (all of them unpleasant) a case of the European-and-global system…
The conferences of International Initiative for Promoting Political Economy (IIPPE) are held nearly every year. The Conference of 2018 was…
The objectives of the European Union are being diverted from its foundations as a union for peace and solidarity, towards…
“Time is the best medicine” they say, and in the Greek political and social reality, this is more than true.
At the start of the New Year, the number of countries at high risk of debt distress is growing at…
Financing conditions will become more difficult in 2019. The world’s major central banks ‘normalised’ their monetary policies last year, meaning…
Police in Mozambique have camped outside the office of the main anti corruption body NGO, the Centre for Public Integrity…
Would you recruit an high-level economist paid 270k EUR yearly with full legal immunity without conducting job interviews with several…
A flagship event, not only for Cuba and Latin America, but also for global critical thinking was the Fourth International…
«it is like privatizing a bank in France with 65 million customers, a bank in Germany with 80 million customers,…
In the era of the Enlightenment public and private credit relations became ever more complex and widespread. At the same…
Dr Spyros Marchetos The poor indebted again Indebtedness in Antiquity arose out of stark power relations, with the weaker…
Με βάση λοιπόν τα δικά του δεδομένα, το χρέος της κεντρικής διοίκησης στις 30 Ιουνίου 2018 έφτασε τα 345,38 δισ.…