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E-book

Title France, financial and real sector issues / edited by Paul R. Masson
Published Washington [D.C.] : International Monetary Fund, 1995
©1995

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Description 1 online resource (vii, 208 pages) : illustrations
Contents Preface -- Part I. An Overview of Economic Developments in the Turkish Economy -- Part II. Workshops on the Macroeconomic Accounts -- 1. Measures of Output, Employment, and the Price Level -- a. Introduction -- b. The System of National Accounts -- c. Measuring inflation -- d. Wage income and employment -- e. The labor market in Turkey -- f. Exercises and issues for discussion -- 2. Fiscal Accounts -- a. Some basic concepts -- b. Fiscal accounting -- c. Fiscal analysis -- d. The structure of the public sector in Turkey -- e. Exercises and issues for discussion -- Appendices
I. Seigniorage -- II: The Accounting Approach to Fiscal Sustainability -- 3. Balance of Payments Accounts -- a. Conceptual framework of the balance of payments -- b. Analyzing the external position -- c. Foreign liabilities -- d. Reserves and financing -- e. Shuttle trade in Turkey's balance of payments -- f. Exercises and issues for discussion -- 4. Monetary Accounting and Analysis -- a. Some basic concepts -- b. Monetary accounting -- c. Monetary analysis -- d. The structure of the monetary sector in Turkey -- e. Exercises and issues for discussion
5. Interrelations Among Macroeconomic Accounts: The Flow of Funds -- a. Some basic concepts -- b. Basic interrelationship between the saving-investment balance and the external current account -- c. Flow of funds accounting -- d. Exercises -- Part III. Workshops on Forecasting and Financial Programming -- 6. Forecasting Output, Expenditure, and the Price Level -- a. Some basic concepts -- b. Forecasting output and expenditure -- c. Forecasting output and expenditure in Turkey -- d. Determinants of the average level of prices -- e. Forecasting the price level in Turkey
F. Forecasting a consistent set of national accounts deflators -- g. Exercises and issues for discussion -- Appendices: -- I. A Consumption Function for Turkey with Interest as an Exogenous Variable -- II. Estimating the Average Period Rate of Change of The Price Level -- 7. Government Sector -- a. Some basic concepts -- b. Forecasting revenue -- c. Forecasting expenditure -- d. Guidelines for forecasting the fiscal accounts in Turkey -- e. Exercises and issues for discussion -- Appendices: -- I. Some Tax Revenue Sources and Their Proxy Bases -- II. Proportional Adjustment Method-The General Case
III. Turkey: Tax Summary as of May 1996 -- IV. Buoyancy and Elasticity with High Inflation -- V. Technical Aspects of Estimates of the Revenue Forecasting Equations -- 8. External Sector -- a. Some basic concepts -- b. Forecasting major items -- c. Regression equations for goods, services, and income -- d. Exercises and issues for discussion -- 9. Monetary Sector -- a. Some basic concepts -- b. Forecasting the demand for money -- c. Forecasting the rest of the monetary survey -- d. Forecasting the accounts of the monetary authorities -- e. Exercises and issues for discussion
Summary This book, edited by Paul R. Mason, analyses the policy challenges that face the French economy in the second half of this decade, highlighting the need for structural changes to enhance the economy's flexibility. The authors argue that budgetary constraints will oblige France to address structural economic problems by reducing social benefits and cutting government expediture
Bibliography Includes bibliographical references
Notes English
Print version record
Subject Finance, Public -- France.
Economic policy
Finance, Public
Wirtschaft
Aufsatzsammlung
Openbare financiën.
Business & Economics.
Economic History.
SUBJECT France -- Economic policy -- 1981-1995. http://id.loc.gov/authorities/subjects/sh87000978
Subject France
Frankreich
Form Electronic book
Author Masson, Paul R., editor.
International Monetary Fund, issuing body.
LC no. 95040587
ISBN 9781455226566
1455226564
9781455235568
1455235563