Fiscal Systems and Practices in Asian Countries

Fiscal Transparency and Fiscal Policy Outcomes in Oecd Countries

It is widely believed and often argued that budget process transparency has large, positive effects on fiscal performance. However, the evidence linking transparency and fiscal policy outcomes is far from compelling. We modify the "debt as precommitment" model of Alesina and Tabellini (1990) by allowing for budget inertia and reputational costs. These modest changes produce an equilibrium level...

How Far Behind Are the South Asian Countries in Relation to East Asian

We define as South Asian countries those countries that start with Iran and end with Bangladesh in Asia. Wethen use export statistics in terms of revealed comparative advantage (RCA) for 14 industrial sectors tomeasure distances of export capabilities for these countries in relation to the “Western” developed and EastAsian countries. Statistical methods such as multidimensional scaling and ...

Eggs and Poultry Purchase, Storage, and Preparation Practices of Consumers in Selected Asian Countries

The objective of this study was to begin characterizing purchase, storage, handling, and preparation of poultry products and eggs by selected consumers in three Asian countries: India, Korea, and Thailand. Approximately 100 consumers in each location were recruited to participate in this study. The consumers were surveyed about eggs and poultry purchase behavior characteristics, such as tempera...

Fiscal Impact of Privatization in Developing Countries

Macroeconomics of fiscal policy in developing countries

This paper considers some aspects of the effects of fiscal policy on macroeconomic adjustment in developing countries. First, the paper reviews the notion of the fiscal deficit in the particular context of developing countries. It then spells out the conditions under which the internal and external debts are sustainable and points out the role of the “twin deficits”. The paper then presents som...