PPT-Fiscal equalisation in a cross-country perspective: policy

Hansjörg Blöchliger Head OECD Fiscal Federalism Network Berlin 27 June 2014 1 Fiscal equalisation 2 Most countries have explicit or implicit equalisation schemes The overarching objective of equalisation is interregional redistribution. Risk equalisation underpins community rating by ensuring that private health insurers particularly small ones who have a less diversified age profile of persons with hospital cover are not adversely affected by large hospital and medical claims for Presentation to Wim Drees Foundation for Public Finance. Conrad Smewing. Deputy Director, Fiscal Policy and Statistics. April 2011. UNCLASSIFIED. Overview of presentation. Origin of the UK fiscal deficit. Austerity vs. Stimulus. Jeffrey Frankel. Harpel Professor of Capital Formation and Growth. REAI Alumni . Advisory . Board . Harvard . Faculty . Club, 9:25 . – . 10:25, April 25. th. , 2014. . Definitions. Austerity vs. Stimulus. Jeffrey Frankel. Harpel Professor of Capital Formation and Growth. Senior Executive Fellows, April 22, 2014. Definitions. Fiscal stimulus . or expansion:. Raise government spending or cut taxes. Government of Mozambique . In collaboration with the IMF and the World Bank. March 22-25, 2010. 1. Objective of the Presentation. Objective 1: Assess past experience on how fiscal policy formulation and implementation and the fiscal structural reforms contributed to macroeconomic stability. What is Fiscal Policy?. What is Fiscal Policy Used For?. What is Fiscal Policy?. Changes in government spending and tax collections to achieve: . full employment, . control inflation, and . encourage economic growth.. Middle- and Low-income . Countries:. Brazil, Chile, Colombia, . Ethiopia, Ghana, Indonesia. , Mexico, . Peru, South Africa and Tanzania. Nora Lustig. Tulane University, CGD, IAD. . International Monetary Fund. Middle- and Low-income . Countries:. Brazil, Chile, Colombia, . Ethiopia, . Ghana, Indonesia. , Mexico, . Peru, South Africa and Tanzania. Nora Lustig. Tulane University, CGD, IAD. . Social Protection and Labor . Side Effects (Offsets) to Fiscal Policy. Fiscal Policy not a perfect science/often trial and error with expansionary and contractionary fiscal policy. Expansionary Policy. - greater AD/less unemployment but could lead to inflation. Helen Baker, Partner, Sackers. Current legal issues. 1 November 2012. Agenda . MP benefits . Test-. achats. GMP Equalisation . Incentive Exercises . RPI. Dates for your diary. 1. Hybrid Schemes . . BRIDGE. Chapter 15. Section 1. What is Fiscal Policy?. Fiscal Policy. is the federal government’s use of taxing and spending to keep the economy stable. . -Government spending has a large impact on the economy. Fiscal Policy. Simply put…the Government’s use of taxing and spending to . stimulateor. contract the economy. Background Terms. Deficit… results from an unbalanced budget (12 months). Debt…continues to build…what you owe. Presented by: Daniel Wilde (. d.wilde@commonwealth.int. ) . March 2024. 1. 1. The Commonwealth. 2. The Commonwealth is a voluntary association of 56 independent and equal countries working together for sustainable development, peace and democracy.. which was laid before the Houses of Parliament . on February 14, 2023. . . . Auditor General’s Comments. Auditor General’s Responsibilities. Section 48B (6) of the FAA Act requires the Auditor General to...