As the crisis gathered pace, Ukraine was completely cut off from international financial markets, despite sound public finances and low foreign debt.

Public procurement and management of public finances

In addition to maintaining sound public finances, German leaders implemented difficult structural reforms aimed at improving international competitiveness, including painful labor market reforms.

Moreover, the country benefits from strong public finances, prudent monetary policy, sustainable debt dynamics, a sound banking system, and well functioning credit markets.

More broadly, Estonia has revolutionized public finances.

Politics is thus constraining efforts to strengthen public finances.

Morocco boasts solid infrastructure, a robust banking system, sound public finances, low inflation, and manageable unemployment. Despite capital flight from much of the region, foreign investment continues to flow in.

First, the share of government debt that can be pooled must be strictly limited, leaving each country responsible for a significant portion of its national debt, and therefore motivated to maintain sound public finances.

Government finances health care research because improved medicines are a public good.

The one area where Europe is posting better results is public finances.

This involves putting our public finances in order, which the fiscal treaty allows.

(d) Evaluation and strengthening of institutions, public service management and the management of public finances, including public procurement, and the private sector

Mockus was mayor of Bogota and Fajardo mayor of Medellin, and both want to shift the government s main priority from internal security to strengthening the rule of law, education, science and technology, productivity, and SOUND public finances.

That brings us to the link between corporate short termism and weak public finances.

The turnaround in Germany s public finances was due mostly to a reduction in expenditure.

In order to manage growing pressure on public finances, China must establish highly efficient public budget and fiscal restraint systems.

In this connection, the Transitional Government needs to demonstrate a commitment to working closely with its international partners to establish a mechanism to ensure the sound, transparent and accountable management of public finances and to effectively address corruption.

Putting public finances on a sustainable footing, they argue, is essential to reassure financial markets.

Nevertheless, many were capable of at least some countercyclical measures without destabilizing their public finances.

Second, Japan s public finances are weaker than in 1995, and demographic factors are less favorable.

MUNICH It s not the euro that s in danger, but the public finances of individual European countries.

Sensible rules promise big payoffs, given the current and long term global crisis in public finances.

Admittedly, the current global economic environment has placed public finances in many developed countries under extreme pressure.

More importantly, increasingly nervous bond markets will at some point start questioning the sustainability of US public finances.

Finances

Study after study has shown the devastating effects that indoor pollution has on women, children, and public health finances.

With the exception of Greece, the deterioration in public finances was a symptom of the crisis, not its cause.

While they appreciate the urgent need for growth and jobs, they believe that this can be achieved only after Ireland s finances are put back on a sound footing.

A new law will soon force public servants and MPs to declare their finances, reports Bahraini blogger Mahmood Al Yousif.

And Nigeria, with the oil sector, had the reputation of being corrupt and not managing its own public finances well.

The ability to refinance government debt and keep costs down is essential to strengthening public finances and boosting GDP growth.

Immediate streamlining of public finances by improving the collection of receivables so that civil servants could be paid their salaries.

The best way out of the dilemma is to undertake measures that improve long term public finances without producing negative short term effects, such as public pension reform.

Increasing the retirement age, for example, improves the perspective for public finances, but it does not weigh on short term demand.

The European Union s commitment to monetary union enabled the eurozone s Mediterranean countries to improve their debt dynamics and public finances dramatically.

Likewise, India s public finances are stronger than they are in most emerging market countries, let alone emerging market countries in crisis.

Indeed, it would be naïve to believe that the crisis is the only reason that public finances are in bad shape.

Public finances are characterized by a steady decline in State revenue, which is derived, almost exclusively, from fiscal and customs receipts.

China s Risky Finances

More generally, measures that credibly signal stronger public finances in the future are desirable assuming, obviously, that governments still have some credibility.

As a result, the price boom is boosting windfall profits for the owners of oil deposits rather than improving countries' public finances.

The public finances of Spain and Portugal are somewhat sounder, but those countries face huge problems in increasing their competitiveness within the eurozone.

But it is logical to consider that restoring the sustainability of public finances can have strongly positive effects on confidence and bond rates.

Moreover, they warn of the moral hazard generated by relieving over indebted countries from the pressure to put their public finances in order.

It needs a mechanism for temporary transfers to countries that have put their public finances in order but are hit by adverse shocks.