Description |
1 online resource (28 pages) : illustrations (some color) |
Series |
IMF Country Reports ; Number 14/76 |
Contents |
Cover; CONTENTS; A MEDIUM TERM FISCAL STRATEGY; A. Background; B. Adjustment Needs; C. Revenue Mobilization; D. Expenditure Measures; E. Putting It Together; TABLES; 1. Malaysia and Selected Emerging Markets: Fiscal Multiplier Estimates; 2. Potential Measures for Fiscal Consolidation; 3. Ranking of Different Measures; APPENDIX; 1. Tax Revenue Gap Regressions; REFERENCES; NONFINANCIAL CORPORATE SECTOR DEBT; A. Background and Introduction; B. The Corporate Sector Bond Market; C. Nonfinancial Corporate Leverage and Profitability; D. Conclusion |
Summary |
This Selected Issues paper on Malaysia highlights quantitative assessment of additional measures required during the medium term to achieve fiscal targets. The authorities aim to lower the budget deficit to about 3 percent of GDP by 2015, down from 4.0 percent in 2013, and to balance the budget by 2020. It suggests that ranking fiscal instruments under different fiscal policy goals can help policymakers identify the composition of fiscal adjustment based on their preferences. By combining ranking with the instruments' potential yield helps in identifying the optimal set of measures required to achieve the needed fiscal adjustment |
Bibliography |
Includes bibliographical references |
Notes |
Online resource; title from PDF title page (ebrary, viewed May 1, 2014) |
Subject |
Bankruptcy -- Malaysia
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Banks and banking -- Malaysia
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Income distribution -- Malaysia
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Poverty -- Malaysia
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Bankruptcy
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Banks and banking
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Income distribution
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Poverty
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Malaysia
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Form |
Electronic book
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Author |
International Monetary Fund. Asia and Pacific Department, issuing body.
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ISBN |
9781475519846 |
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1475519842 |
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