This note presents the PFR Policy Recommendations Database, highlights key analytical approaches to estimating the fiscal impact of policy recommendations (where feasible), provides country examples of...
This Guidance Note aims to help task teams enhance the relevance, quality, and impact of PFRs and facilitate their preparation. It identifies core requirements, including structure, length, tables, and...
Understanding the fiscal policy stance as it relates to the business cycle and whether an economy is in recession or overheating is critical for policymakers to effectively support output stabilization...
The scope for increasing public spending to meet development needs in many developing and developed countries is limited by low revenue and/or high debt. Increasing the efficiency of spending is therefore...
Many countries are facing formidable fiscal challenges following a surge in debt-to-GDP ratios in recent years. Estimates of fiscal gaps suggest that sustained fiscal tightening will be needed in most...
The authors present estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual...