Public Sector Compensation in Times of Austerity

Public Sector Compensation in Times of Austerity
Author: OECD
Publisher: OECD Publishing
Total Pages: 148
Release: 2012-11-15
Genre:
ISBN: 9264177752

This report argues that any new approaches to public sector pay must help to: enhance external competitiveness of salaries; promote internal equity throughout the public sector; reflect the values of public organisations; and align compensation with government’s core strategic objectives.

Public Sector Efficiency and Fiscal Austerity

Public Sector Efficiency and Fiscal Austerity
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 25
Release: 1998-04-01
Genre: Business & Economics
ISBN: 1451968515

This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on the share of the labor force employed in public service s and private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of the possible outcomes, we are able to illuminate situations in which policies that seek to constrain the public sector may or may not improve economic efficiency.

Government at a Glance 2015

Government at a Glance 2015
Author: OECD
Publisher: OECD Publishing
Total Pages: 214
Release: 2015-07-06
Genre:
ISBN: 9264233474

Government at a Glance provides readers with a dashboard of key public sector indicators. Each indicator is presented in a user-friendly format, with graphs, brief descriptive analysis, and methodological information.

Expansionary Austerity New International Evidence

Expansionary Austerity New International Evidence
Author: Mr.Daniel Leigh
Publisher: International Monetary Fund
Total Pages: 41
Release: 2011-07-01
Genre: Business & Economics
ISBN: 1455294691

This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.

Transparency in Government Operations

Transparency in Government Operations
Author: Mr.J. D. Craig
Publisher: International Monetary Fund
Total Pages: 50
Release: 1998-02-03
Genre: Business & Economics
ISBN: 155775697X

Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fiscal rectitude. Notably, the Interim Committee, at its April and September 1996 meetings, stressed the need for greater fiscal transparency. Prompted by these concerns, this paper represents a first attempt to address many of the aspects of transparency in government operations. It provides an overview of major issues in fiscal transparency and examines the IMF's role in promoting transparency in government operations.

Unproductive Public Expenditures

Unproductive Public Expenditures
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 56
Release: 2005-04-04
Genre: Business & Economics
ISBN: 1557755418

Public expenditure policy, together with efforts to raise revenue,is at the core of efficient and equitable adjustment. Public expenditureproductivity has critical implications for fiscal adjustment, particularly as the competition for limited public resources intensifies.By providing a framework for defining and analyzing public expenditureproductivity and unproductive expenditures, this pamphlet discusseshow economic policymakers may approach these issues.

Public Sector Efficiency and Fiscal Austerity

Public Sector Efficiency and Fiscal Austerity
Author: Nadeem Ul Haque
Publisher:
Total Pages: 28
Release: 2006
Genre:
ISBN:

This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on the share of the labor force employed in public service s and private sector output Y. The government is fully informed about worker productivity. By examining the welfare properties of the possible outcomes, we are able to illuminate situations in which policies that seek to constrain the public sector may or may not improve economic efficiency.

Working in the Context of Austerity

Working in the Context of Austerity
Author: Baines, Donna
Publisher: Bristol University Press
Total Pages: 364
Release: 2020-11-09
Genre: Business & Economics
ISBN: 152920867X

Austerity was presented as the antidote to sluggish economies, but it has had far-reaching effects on jobs and employment conditions. With an international team of editors and authors from Europe, North America and Australia, this illuminating collection goes beyond a sole focus on public sector work and uniquely covers the impact of austerity on work across the private, public and voluntary spheres. Drawing on a range of perspectives, the book engages with the major debates surrounding austerity and neoliberalism, providing grounded analysis of the everyday experience of work and employment.

Government at a Glance 2013

Government at a Glance 2013
Author: OECD
Publisher: OECD Publishing
Total Pages: 198
Release: 2013-11-10
Genre:
ISBN: 9264206493

Government at a Glance 2013 provides readers with a dashboard of key indicators assembled with the goal of contributing to the analysis and international comparison of public sector performance.

The Austerity State

The Austerity State
Author: Stephen McBride
Publisher: University of Toronto Press
Total Pages: 348
Release: 2017-01-01
Genre: Political Science
ISBN: 1487521952

"This volume focuses on the state's role in managing the fall-out from the global economic and financial crisis since 2008. For a brief moment, roughly from 2008-2010, governments and central banks appeared to borrow from Keynes to save the global economy. The contributors, however, take the view that to see those stimulus measures as "Keynesian" is a misinterpretation. Rather, neoliberalism demonstrated considerable resiliency despite its responsibility for the deep and prolonged crisis. The "austerian" analysis of the crisis is--historical, ignores its deeper roots, and rests upon a triumph of discourse involving blame-shifting from the under-regulated private sector to public or sovereign debt--for which the public authorities are responsible."--