Academic literature on the topic 'Fiscal constraint'

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Journal articles on the topic "Fiscal constraint"

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Iqbal, Zafar. "Constraints to the Economic Growth of Pakistan: A Three-gap Approach." Pakistan Development Review 34, no. 4III (1995): 1119–33. http://dx.doi.org/10.30541/v34i4iiipp.1119-1133.

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The development of the two-gap model [Chenery and Bruno (1962); Chenery and Strout (1966); Mckinnon (1964); and Weisskopf (1972)] was an important contribution to the literature of economic development. The two-gap model deals with the interactions between the savings constraint and the foreign exchange constraint in the determination of economic growth in an economy. The savings constraint refers to the situation when the growth of an economy is limited by the availability of domestic savings for investment, and the foreign exchange constraint refers to the growth of an economy being limited
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Bresser-Pereira, Luiz Carlos. "Financing COVID-19, Inflation and the Fiscal Constraint." Forum for Social Economics 49, no. 3 (2020): 241–56. http://dx.doi.org/10.1080/07360932.2020.1792176.

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BURDEKIN, RICHARD C. K., and LEROY O. LANEY. "Fiscal Policymaking and the Central Bank Institutional Constraint." Kyklos 41, no. 4 (1988): 647–62. http://dx.doi.org/10.1111/j.1467-6435.1988.tb02734.x.

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Nishimura, Kazuo, Thomas Seegmuller, and Alain Venditti. "Fiscal policy, debt constraint and expectations-driven volatility." Journal of Mathematical Economics 61 (December 2015): 305–16. http://dx.doi.org/10.1016/j.jmateco.2015.09.003.

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Grubišić Šeba, Mihaela, Dubravka Jurlina Alibegović, and Sunčana Slijepčević. "Combating fiscal constraints for PPP development." Managerial Finance 40, no. 11 (2014): 1112–30. http://dx.doi.org/10.1108/mf-07-2013-0176.

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Purpose – Public-private partnership (PPP) growth is often related to infrastructure development needs and public debt increase. Despite huge infrastructure (re)construction needs, the number of PPP projects in Croatia has been rather small so far. The purpose of this paper is to analyse the prospects for PPP projects development in Croatia in the near future. It is examined whether the stance of local authorities towards implementing PPP projects depends more on the necessity of developing infrastructure needs of local citizens or on the available funds for capital investments in local budget
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Flotho, Stefanie. "FISCAL MULTIPLIERS IN A MONETARY UNION UNDER THE ZERO–LOWER–BOUND CONSTRAINT." Macroeconomic Dynamics 19, no. 6 (2014): 1171–94. http://dx.doi.org/10.1017/s1365100513000783.

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This paper analyzes government spending multipliers in a two-country model of a monetary union with price stickiness and home bias in consumption where monetary policy is constrained by the zero lower bound (ZLB) on the nominal interest rate. Government spending multipliers under this constraint are computed and compared with fiscal multipliers in normal times, that is, where the central bank sets the nominal interest rate via a Taylor rule. The trade elasticity and the parameter measuring home bias in consumption play an important role in determining the size of the multiplier. The multiplier
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Schröder, Philipp J. H. "The fiscal constraint to restructuring firms in transition economies." Atlantic Economic Journal 28, no. 1 (2000): 37–47. http://dx.doi.org/10.1007/bf02300529.

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Kelton, Stephanie. "Limitations of the government budget constraint: Users vs. issuers of the currency." Panoeconomicus 58, no. 1 (2011): 57–66. http://dx.doi.org/10.2298/pan1101057k.

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The financial crisis and ensuing economic meltdown has led to sharp increases in the deficits and debt levels of many advanced economies. The run-up in public sector indebtedness helped to restore private sector balance sheets, laying the foundation for economic recovery in these regions. But the so-called ?sovereign? debt crisis in the Eurozone has undermined the fiscal resolve that has, thus far, kept truly sovereign governments from slipping into a bona fide depression. Fearful of becoming the next Greece, governments that could allow an unlimited fiscal adjustment to restore full employmen
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Kgakge-Tabengwa, Grace G. "Impact of Shocks to Public Debt and Government Expenditure on Human Capital and Growth in Developing Countries." Journal of Economics and Behavioral Studies 6, no. 1 (2014): 44–67. http://dx.doi.org/10.22610/jebs.v6i1.469.

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This paper examines the implications of shocks to public debt and government expenditure on the development of human capital and growth within a model that explicitly recognizes the role of fiscal constraints through introducing the government budget constraint for a set of selected developing countries 1 from 1980-2013. This is mainly to capture fiscal challenges facing developing countries in developing human capital which is fundamental for sustainable growth. The dynamics of our model results reveal that high stocks of public debt, beyond the 30-40% debt/GDP threshold, depress the effect o
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Clay, K. Chad, and Matthew R. Digiuseppe. "The Physical Consequences of Fiscal Flexibility: Sovereign Credit and Physical Integrity Rights." British Journal of Political Science 47, no. 4 (2016): 783–807. http://dx.doi.org/10.1017/s0007123415000502.

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Leaders are assumed to face fiscal constraints on their ability to remain in office by competitively distributing public and/or private goods. However, many leaders can relax this constraint by borrowing on sovereign credit markets. This article argues that states with the fiscal flexibility offered by favorable credit terms have the resources necessary to (1) respond to citizen demands with policies other than widespread repression and (2) avoid agency loss that may result in unauthorized repression by state agents. Empirical analyses indicate that creditworthy states have greater respect for
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Dissertations / Theses on the topic "Fiscal constraint"

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Andreas, Jan-Justus. "Expanding renewables in times of crisis and fiscal constraint." Thesis, University of York, 2017. http://etheses.whiterose.ac.uk/20493/.

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Energy is the fundamental fuel for economic growth, yet it is also the largest emitter of greenhouse gases and a crucial driver of climate change. The promotion of clean and renewable energy sources hence stands at the core of contemporary sustainability transitions. However, such transitions depend on a supportive regulatory framework and require significant electricity grid expansions. They are consequently considered costly, burdening both governments and consumers. Nevertheless, the Europe 2020 Strategy that was introduced in 2010 as an answer to the global financial and economic crisis pr
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Chavez, Alicia Fedelina 1962. "Coping with restructuring and fiscal constraint in student affairs: A critical review." Diss., The University of Arizona, 1998. http://hdl.handle.net/10150/282783.

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This study is designed to examine senior student affairs officer (SSAO) perceptions of restructuring and budgetary changes experienced by their institutions of higher education. A critical postmodern lens is applied to explore the meaning of SSAO discourse on the context for restructuring of their divisions, on strategies they have chosen to utilize and possible affect on students, staff and student affairs as a profession. This study utilizes two distinct sets of data to examine these issues. First, phone interviews were conducted with 30 senior student affairs officers from public research i
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Vieira, Carlos Manuel Rodrigues. "The sustainability of fiscal policies : a study of the European Union." Thesis, Loughborough University, 1999. https://dspace.lboro.ac.uk/2134/10548.

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The concern with persistant high government deficits and debts has been one of the most controversial and discussed issues among academics and policymakers during the last two decades of the twentieth century. Despite recent efforts towards fiscal consolidation in most developed countries, expensive welfare programs and unfunded social security systems can exert a considerable strain on public finances over the next generations. The main objective of this thesis is to investigate whether current fiscal policies are sustainable, that is, able to guarantee the government's solvency, and what are
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Bertussi, Luís Antônio Sleimann. "Multicointegração e políticas fiscais: uma avaliação de sustentabilidade para a América Latina." Universidade do Vale do Rio do Sinos, 2008. http://www.repositorio.jesuita.org.br/handle/UNISINOS/2764.

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Made available in DSpace on 2015-03-05T18:57:20Z (GMT). No. of bitstreams: 0 Previous issue date: 10<br>Nenhuma<br>Um evento econômico que os formuladores de política têm enfrentado nas últimas décadas na América Latina é a questão do comportamento fiscal dos governos e a conseqüente (in)sustentabilidade da dívida pública e os seus efeitos sobre a economia. O fato é que a dívida dos governos aumentou exponencialmente em inúmeros países latino-americanos, tornando-se algumas vezes insustentável no curto prazo e conduzindo-os a uma série de defaults. Portanto, a política fiscal desempenha um
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MagalhÃes, Tony Coelho. "Sustentabilidade fiscal do Estado do Cearà no perÃodo de 2002 a 2011." Universidade Federal do CearÃ, 2013. http://www.teses.ufc.br/tde_busca/arquivo.php?codArquivo=10408.

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nÃo hÃ<br>Considerando o atendimento à restriÃÃo orÃamentÃria intertemporal do governo, analisa-se a solvÃncia da dÃvida pÃblica contratual no Estado do Cearà a partir da proposta de Bohn(1998). Nesse contexto, a dÃvida à considerada sustentÃvel se o governo demostrar uma preocupaÃÃo em reagir a aumentos da relaÃÃo dÃvida/PIB com incrementos nos superÃvits primÃrios. Para o exercÃcio empÃrico, sÃo realizados testes de cointegraÃÃo baseadas na funÃÃo de resposta fiscal do governo sobre os dados mensais do perÃodo de 2002 a 2011. Constatam-se indÃcios de que o governo nÃo tem reagido ao aumento
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Witt, Jeffrey. "THE CONSIDERATIONS OF THE SUPERINTENDENT IN THE DEVELOPMENT OF THE SCHOOL BUDGET DURING TIMES OF FISCAL CONSTRAINT: A CASE STUDY." VCU Scholars Compass, 2003. http://scholarscompass.vcu.edu/etd/2947.

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John Smith is the superintendent of Green Hill Public Schools. This case study follows John through the whole budget process from July 2011 to July 2012. An interpretative perspective was used to tell his story. Ten interviews were given from October 2011 to July 2012. Newspaper articles and the minutes from meetings were analyzed and used as discussion items in the interview questions. This study was an analysis of how he made his budget decisions in a time of fiscal constraint and the role values played in the budget decision making. The budget year started out normal with John
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Flores, Paulo César da Silva. "A política da política de salário mínimo no Brasil." Universidade de São Paulo, 2017. http://www.teses.usp.br/teses/disponiveis/8/8131/tde-26052017-125934/.

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Na presente dissertação, tenho como objetivo examinar os fatores políticos que explicam a recente trajetória de valorização salário mínimo no Brasil. Trata-se de um esforço em apontar os interesses e estratégias adotadas por atores envolvidos no processo de negociação e fixação do salário mínimo que foram determinantes para os rumos dados à política entre 1995 e 2016. Por meio da análise do processo decisório, demonstro como a dinâmica de pressão dupla constrangimento fiscal e incentivo eleitoral provoca convergência de preferências entre os partidos. Nesse cenário, partidos do governo utili
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Geason, Ronald W. "Conceptualizing budget strategies for cutback management during a period of severe fiscal constraint at a major research university : model development and a case study test /." The Ohio State University, 1988. http://rave.ohiolink.edu/etdc/view?acc_num=osu1279135163.

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Hedegaard, Rasmussen Morten. "Fiskale automatiske stabilisatorer og likviditetsbegrænsede husholdninger = Fiscal Automatic Stabilisers and Liquidity Constrained Households /." Aarhus : Institut for Økonomi, Aarhus Universitet, 2009. http://mit.econ.au.dk/Library/Specialer/2009/20042126.pdf.

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Gueorguiev, Nikolay. "Essays on exchange-rate-based stabilization under fiscal constraints." College Park, Md. : University of Maryland, 2004. http://hdl.handle.net/1903/2014.

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Thesis (Ph. D.) -- University of Maryland, College Park, 2004.<br>Thesis research directed by: Economics. Title from t.p. of PDF. Includes bibliographical references. Published by UMI Dissertation Services, Ann Arbor, Mich. Also available in paper.
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Books on the topic "Fiscal constraint"

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Public sector reformation: Values-driven solutions to fiscal constraint. Palgrave Macmillan, 2012.

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E, Anderson James. Trade reform with a government budget constraint. National Bureau of Economic Research, 1996.

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Lavallée, Geneviève. The Canadian federal and provincial governments: 1999 overview: has the era of expenditure constraint ended? DBRS], 1999.

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Catholic Health Association of the United States. Social accountability budget: A process for planning and reporting community service in a time of fiscal constraint. Catholic Health Association of the United States, 1989.

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Bertero, Elisabetta. Hardening a soft budget constraint through 'upward devolution' to a supranational institution: The case of Italian state-owned firms and and the European Union. United Nations University, World Institute for Development Economics Research, 2002.

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Chadha, Bankim. Fiscal constraints and the speed of transition. Centre for Economic Policy Research, 1994.

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Soft budget constraints in German fiscal federalism: Lessons for fiscal governance. Nomos, 2010.

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Auerbach, Alan J. Optimal long-run fiscal policy: Constraints, preferences and the resolution of uncertainty. National Bureau of Economic Research, 2002.

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Fund, International Monetary. Fiscal constraints of a fixed exchange rate regime. International Monetary Fund, 1989.

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Chari, V. V. On the desirability of fiscal constraints in a monetary union. National Bureau of Economic Research, 2004.

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Book chapters on the topic "Fiscal constraint"

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Arestis, Philip, and Malcolm Sawyer. "The Intertemporal Budget Constraint and the Sustainability of Budget Deficits." In Current Thinking on Fiscal Policy. Palgrave Macmillan UK, 2009. http://dx.doi.org/10.1007/978-0-230-30604-2_6.

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Akdemir, Tekin, and Birol Karakurt. "Revenue Decentralization and the Soft Budget Constraint Problem in Intergovernmental Fiscal Relations: The Case of Turkey." In Public Financial Management Reforms in Turkey: Progress and Challenges, Volume 2. Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-4226-8_8.

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Henry, Lester. "Debt and fiscal constraints." In Handbook of Caribbean Economies. Routledge, 2020. http://dx.doi.org/10.4324/9780429265105-7.

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Börsch-Supan, Axel, and Konrad Stahl. "Life cycle savings and consumption constraints." In Fiscal Implications of an Aging Population. Springer Berlin Heidelberg, 1992. http://dx.doi.org/10.1007/978-3-642-77250-4_9.

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Somogyi, Giovanni. "An Economic Analysis of Proposals for Constitutional Fiscal Constraints." In Institutions and Economic Organization in the Advanced Economies. Palgrave Macmillan UK, 1998. http://dx.doi.org/10.1007/978-1-349-26956-3_8.

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Lehoczki, Zsuzsa. "Coordinating Environmental and Fiscal Policy in Hungary: Possibilities and Constraints." In Green Budget Reform in Europe. Springer Berlin Heidelberg, 1999. http://dx.doi.org/10.1007/978-3-642-58637-8_12.

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McKinnon, Ronald I. "A Common Monetary Standard or a Common Currency for Europe? The Fiscal Constraints." In The International System between New Integration and Neo-Protectionism. Palgrave Macmillan UK, 1996. http://dx.doi.org/10.1007/978-1-349-24664-9_3.

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Simms, Angela. "COVID-19, Black jurisdictions, and budget constraints: how fiscal footing shapes fighting the virus." In Race and Ethnicity in Pandemic Times. Routledge, 2021. http://dx.doi.org/10.4324/9781003206521-10.

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Marini, Fotini. "Migrants’ Access to Social Protection in Greece." In IMISCOE Research Series. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-51241-5_13.

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Abstract The 2008 financial crisis has brought Greece in a constrictive situation, given that the country lacked a comprehensive social safety net, the national social protection model was strongly fragmented and public spending focused on civil servants salaries and state pensions. Almost a decade afterwards, the reform of the social security system continues with suffocating fiscal constraints exercising a decisive influence on policy options. In this challenging context, Greece constitutes a unique case for discussing the complexities of the link between migration and social protection during austerity times. The debate on the access of migrants to social security benefits is both interesting and sensitive, in view of the fact that the equal treatment of European Union (EU) and non-EU migrants is subject to controversial discussions about benefit tourism and its potential risks for the sustainability of an already fragile social security regime.
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Kreso, Sead, Lejla Lazović-Pita, and Selena Duraković. "Monetary and Fiscal Policy Response During COVID-19 Crisis in Bosnia and Herzegovina: Constraints and Potentials." In Macroeconomic Responses to the COVID-19 Pandemic. Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-75444-0_9.

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Conference papers on the topic "Fiscal constraint"

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Suzuki, Shinji, and Takehiro Inohara. "Constrained Maximization of Social Welfare with Fiscal Transfer Scheme." In 2016 International Conference on Industrial Engineering, Management Science and Application (ICIMSA). IEEE, 2016. http://dx.doi.org/10.1109/icimsa.2016.7503999.

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Wójtowicz, Katarzyna. "Sub-National Constraints of Fiscal Policy-Review of the Experiences of Selected Countries." In XVI International Scientific Conference "The Optimization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Social Interest". Temida 2, 2018. http://dx.doi.org/10.15290/oolscprepi.2018.24.

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Bahçe, Abdullah Burhan, and Hatice Dayar. "Dimensions of Informality in Transition Economies and Solutions." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.00945.

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In most of the former Soviet economies with the start of transformation, revenue loss and lax payments discipline led to low revenue sharing, as well as inefficient tax collection and tax avoidance is common as a major problem has affected economies in transition. In this study, central and Eastern Europe and the former Soviet Union transition countries experienced in tax payments discipline and collection issues are dealt with and a socialist state transformation to a capitalist state in the transition to a market economy from a centrally planned economy with the sustainability of budgetary c
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Pearson, Hannah. "Making Collection Management Manageable: A Three-Phase Approach to an Annual Subscription Review." In Charleston Library Conference. Purdue Univeristy, 2020. http://dx.doi.org/10.5703/1288284317143.

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Annual subscription reviews are a normal part of many libraries’ operations, but this process is time consuming and can be particularly challenging for institutions with small e-resources staffs. The approach pursued by the Michael Schwartz Library at Cleveland State University includes strategies other libraries may find helpful in moving beyond cost per use in their reviews. In early fiscal year 2019, the Michael Schwartz Library identified a need to systematically review all subscriptions annually. The library operates with a flat budget and cancellations are often required to manage inflat
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Marques, Anabela, and Leonilde Reis. "ADVANTAGES AND DISADVANTAGES OF QR CODE IN TAX INVOICES IN PORTUGAL." In Sixth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/limen.2020.167.

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The systematization of the information underlying the electronic invoice, published in the Decree-Law no. 28/2019 of 15 February in Portugal, brought legislative changes leading to the introduction of a QR-Code on the invoice creating the conditions for the document's dematerialization. This article´s purpose is to present the results of a set of surveys applied to the various stakeholders in the process, in order to validate the advantages and constraints of an aggregating Approach, designed to systematize such stakeholders in a process of this nature. The methodology adopted was Design Scien
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Hartey, Maurice, Thomas Bodman, and Arlene Korn. "Integrated Training Solutions: An Effective Tool to Synchronize People and Maintenance (U.S. Navy LCAC Case Study)." In ASME Turbo Expo 2012: Turbine Technical Conference and Exposition. American Society of Mechanical Engineers, 2012. http://dx.doi.org/10.1115/gt2012-68714.

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Maintenance, especially in a Marine environment, is continuous and costly. Life Cycle Management of a Marine Gas Turbine system encompasses many costs, of which repair parts, labor and equipment downtime associated with failures and maintenance are a significant portion. In fact, people (labor) make up the largest component of overall maintenance costs. Investing in people the largest cost driver to life cycle cost has a direct return in the long run, in terms of maintenance effectiveness and efficiencies. Applying and reinforcing knowledge and skills in a maintenance environment translates to
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Dolcy, Kohan, and Trevor Townsend. "ADOPTION AND DEVELOPMENT OF ALTERNATIVE FUEL VEHICLES IN TRINIDAD AND TOBAGO." In International Conference on Emerging Trends in Engineering & Technology (IConETech-2020). Faculty of Engineering, The University of the West Indies, St. Augustine, 2020. http://dx.doi.org/10.47412/tmdm6163.

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The transport sector has been identified as one of the highest contributors to greenhouse gas emissions in Trinidad and Tobago owing to the increase in the number of vehicles and the inherent traffic congestion. The vehicles are mainly fuelled by conventional fuels with relatively few being alternative fuel vehicles (AFVs), primarily in the form of compressed natural gas (CNG) vehicles. This research explores the current situation with the development and adoption of AFV technology in Trinidad &amp; Tobago. In Trinidad, the natural gas supply is already well-established, refuelling stations ar
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Reports on the topic "Fiscal constraint"

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Baker, Scott R., Lorenz Kueng, Leslie McGranahan, and Brian T. Melzer. Do Household Finances Constrain Unconventional Fiscal Policy? Federal Reserve Bank of Chicago, 2018. http://dx.doi.org/10.21033/wp-2018-16.

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Baker, Scott, Lorenz Kueng, Leslie McGranahan, and Brian Melzer. Do Household Finances Constrain Unconventional Fiscal Policy? National Bureau of Economic Research, 2018. http://dx.doi.org/10.3386/w25212.

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Aguiar, Mark, and Manuel Amador. Fiscal Policy in Debt Constrained Economies. National Bureau of Economic Research, 2011. http://dx.doi.org/10.3386/w17457.

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Aghion, Philippe, David Hemous, and Enisse Kharroubi. Credit Constraints, Cyclical Fiscal Policy and Industry Growth. National Bureau of Economic Research, 2009. http://dx.doi.org/10.3386/w15119.

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Hubbard, R. Glenn, and Kenneth Judd. Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy. National Bureau of Economic Research, 1987. http://dx.doi.org/10.3386/w2158.

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Calhoun, Angela M., and Marcia R. Larssen. Implications and Constraints of Fiscal Laws in Contingency Contracting. Defense Technical Information Center, 2013. http://dx.doi.org/10.21236/ada589911.

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Chari, V. V., and Patrick Kehoe. On the Desirability of Fiscal Constraints in a Monetary Union. National Bureau of Economic Research, 2004. http://dx.doi.org/10.3386/w10232.

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Mooney, Henry, David Rosenblatt, Cloe Ortiz de Mendívil, et al. Caribbean Quarterly Bulletin: Volume 10: Issue 2, August 2021. Inter-American Development Bank, 2021. http://dx.doi.org/10.18235/0003573.

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For more than a year, the Caribbean economics team at the Inter-American Development Bank (IDB) has focused on the potential implications of the COVID-19 pandemic for lives and livelihoods across the region. The pandemic is still with us, but there is hope that the cycles of lockdowns and containment measures will eventually come to an end as vaccination programs progress, even if unevenly, across the region. However, the availability of vaccine supply remains a concern, and the pandemic continues to pose a constraint for the recovery of key sectors such as tourism and local services sectors.
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Auerbach, Alan, and Kevin Hassett. Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty. National Bureau of Economic Research, 2002. http://dx.doi.org/10.3386/w9132.

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Canova, Fabio, and Evi Pappa. Does it Cost to be Virtuous? The Macroeconomic Effects of Fiscal Constraints. National Bureau of Economic Research, 2005. http://dx.doi.org/10.3386/w11065.

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