Remove Balance Remove Influencing Remove Sustainability
article thumbnail

How Do Inflation Shocks Affect Public Debt Dynamics?

Inter-American Development Bank

Three important variables worth highlighting are borrowing costs, primary balances, and exchange rates. The Effects of Inflation on Primary Balance The impact on the primary balance, which reflects the government’s ability to generate surpluses or reduce deficits, also differs between demand and supply shocks.

Balance 52
article thumbnail

Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

Fiscal rules have become a common policy tool to promote the sustainability of public finances, as the number of countries with at least one fiscal rule has grown from ten in 1991 to more than 100 by 2021. In contrast, simply adopting fiscal rules but not complying with them does not translate into better outcomes.

article thumbnail

New Index Helps Governments Design Better Escape Clauses to Bridge Fiscal Rigidity with Crisis Adaptability

Inter-American Development Bank

These clauses, designed to provide temporary flexibility from strict fiscal targets during crises, aim to strike a balance between upholding fiscal rules and effectively responding to unexpected circumstances. Influence on Compliance: a clearly defined activation timeline is pivotal in post-escape clause compliance.

article thumbnail

ISDS and ESG: Friends or Foes?

Kluwer Arbitration

Sustainable development requires resources, which foreign states can access through foreign investment. This post will also show that ISDS can become an effective tool to ensure a sustainable future. As demonstrated in this post, these critiques are misguided. IBA Report, p.

article thumbnail

10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Corporate Sustainability: Sawschcuk said that sustainability is an area in which Procurement can make a big impact.

article thumbnail

A Rare Opportunity To Reset And Accelerate

ivalua

Will businesses go backwards due to necessity and survival or will they step up and push forward to go further and faster to achieve the right balance? On the business side, it may question the raison d’être and bring focus to finding the right balance between society, the environment and the economy. Balancing the Imbalanced.

Balance 52
article thumbnail

Are Latin American and Caribbean Countries Complying with Their Fiscal Rules?

Inter-American Development Bank

Over the past two decades, a growing number of Latin American and Caribbean (LAC) countries began adopting fiscal rules to limit overspending influenced by election cycles, public pressure, and other political economy factors, helping the region strengthen its fiscal solvency and sustainability.

Balance 52