Quasi-Fiscal Deficit in Non-Financial Enterprises

Quasi-Fiscal Deficit in Non-Financial Enterprises
This paper discusses two ways of evaluating the quasi-fiscal deficit (QFD) and the link between them. It also suggests how to properly account for the QFD when calculating the overall deficit of the public sector. Finally, using an example of the energy market, it shows how to untangle a web of mutual nonpayments and properly evaluate the QFD... READ MORE...

Publication date: January 2007
ISBN 9781451865745
$18.00

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