Suchergebnisse

Fiscal and monetary policy coordination should focus on increasing public welfare and maintaining long-term macroeconomic stability. This article aims to enhance the theoretical and methodological basis of fiscal and monetary policy formation and determine the priority areas for improving their coordination to ensure sustainable economic development. We developed an institutional approach to study the fiscal-monetary mix. It is advisable to create favorable monetary conditions for fiscal measures and form a balanced budget for monetary regulation. The authors proposed the structural-functional model that highlights both fiscal and monetary policies' impact on aggregate demand. The results showed no positive effects of general government expenditures on the GDP per capita growth in 19 emerging economies from 1995 to 2018. The influence of public spending on economic growth depends on institutions' quality, the composition of expenditures, and fiscal architecture. The expediency of increasing the share of productive expenditures that positively affect stimulating the economy is substantiated. In the long-run, monetary policy should ensure a comprehensive combination of inflation targeting conditions, the adaptive use of tools to achieve intermediate and final targets.

This document updates and replaces the document entitled Mine Action and Effective Coordination: The United Nations Policy, endorsed by the Inter-Agency Coordination Group on Mine Action (IACG-MA) in 1998 and amended in 1999. The policy seeks to apply General Assembly and Security Council resolutions and presidential statements to the work of the United Nations in the area of mine action. It is informed by relevant international treaties, the International Mine Action Standards (IMAS), and 15 years of collective knowledge, expertise, and lessons learned of the United Nations mine action team1 , governments, nongovernmental organisations (NGOs), international organisations and regional organisations. The present document: • Defines the vision and core commitments of United Nations mine action. • Outlines the legal framework within which United Nations mine action takes place. • Elaborates the common positions that derive from the vision and core commitments. • Describes the coordination mechanisms, and individual roles and responsibilities of United Nations actors in mine action. The document was approved by the IACG-MA at the Principals' level, chaired by the Under-Secretary-General for Peacekeeping Operations, on 6 June 2005, and subsequently shared with the governing bodies of IACGMA members. It may be further amended by the IACG-MA meeting at the Principals' level.