Quasi-Fiscal Deficit in Non-Financial Enterprises

Author/Editor:

Robert Tchaidze

Publication Date:

January 1, 2007

Electronic Access:

Download PDF. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

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.

Series:

Working Paper No. 07/10

Subject:

English

Publication Date:

January 1, 2007

ISBN/ISSN:

9781451865745/1018-5941

Stock No:

WPIEA2007010

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

13

Please address any questions about this title to publications@imf.org