Tchaidze, Robert.

Quasi-Fiscal Deficit in Non-Financial Enterprises Robert Tchaidze. [electronic resource] / Robert Tchaidze. - Washington, D.C. : International Monetary Fund, 2007. - 1 online resource (13 p.) - IMF Working Papers; Working Paper ; No. 07/10 . - IMF Working Papers; Working Paper ; No. 07/10 .

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 generated in a sector characterized by the presence of both private and public agents.

1451865740 : 18.00 USD

1018-5941

10.5089/9781451865745.001 doi


Budget Deficit
Fiscal Deficit
Implicit Subsidies
National Deficit Surplus
Payment Arrears
Quasi-Fiscal Activities


Ghana
Mali
Ukraine

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