Fiscal Issues in Adjustment Programs in Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Fiscal Issues in Adjustment Programs in Developing Countries by : Vito Tanzi

Download or read book Fiscal Issues in Adjustment Programs in Developing Countries written by Vito Tanzi and published by . This book was released on 1990 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Issues in Adjustment in Developing Countries

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Author :
Publisher : Springer
ISBN 13 : 1349227900
Total Pages : 232 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Fiscal Issues in Adjustment in Developing Countries by : Jaime de Melo

Download or read book Fiscal Issues in Adjustment in Developing Countries written by Jaime de Melo and published by Springer. This book was released on 1993-07-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with aspects of the recent fiscal crisis in developing countries. Macro aspects cover theoretical underpinning of fiscal policy, the size of the required adjustment and the link between internal and external transfers. Micro aspects cover the relation between private and public investment, the experience of tax and expenditure reforms, and the impact of fiscal adjustment on the poor.

The Macroeconomic Effects of Fund-Supported Adjustment Programs

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Publisher : International Monetary Fund
ISBN 13 : 1451943822
Total Pages : 40 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis The Macroeconomic Effects of Fund-Supported Adjustment Programs by : International Monetary Fund

Download or read book The Macroeconomic Effects of Fund-Supported Adjustment Programs written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-12-23 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Public finance in adjustment programs

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 73 pages
Book Rating : 4./5 ( download)

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Book Synopsis Public finance in adjustment programs by : Ajay Chhibber

Download or read book Public finance in adjustment programs written by Ajay Chhibber and published by World Bank Publications. This book was released on 1988 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Adjustment and Growth

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Publisher : Academic Press
ISBN 13 : 9780120445554
Total Pages : 752 pages
Book Rating : 4.4/5 (455 download)

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Book Synopsis The Economics of Adjustment and Growth by : Pierre-Richard Agénor

Download or read book The Economics of Adjustment and Growth written by Pierre-Richard Agénor and published by Academic Press. This book was released on 2000 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Adjustment and Growth moves the study of macroeconomics for developing economies away from the traditional static approach and toward a more dynamic, growth-oriented framework. Pierre-Richard Agénor presents an analysis of policy issues involved in designing economic adjustment programs in developing countries and structural reform policies aimed at fostering economic growth. Emphasizing the need to take into account the structural features of these countries, his work dwells on the considerable body of analytical research and empirical evidence of the past two decades in academic circles and international organizations. It provides cutting-edge analysis of many current real-world issues, such as financial crises and the role of trade integration in fostering economic growth. Overall the book offers an impressive overview of the macroeconomic and structural adjustment issues facing developing economies today.

Fund Supported Adjustment Programs and Economic Growth

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Publisher : International Monetary Fund
ISBN 13 : 9780939934553
Total Pages : 44 pages
Book Rating : 4.9/5 (345 download)

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Book Synopsis Fund Supported Adjustment Programs and Economic Growth by : Mr.Mohsin S. Khan

Download or read book Fund Supported Adjustment Programs and Economic Growth written by Mr.Mohsin S. Khan and published by International Monetary Fund. This book was released on 1985-11-15 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of a group of papers dealing with various aspects of Fund-supported adjustment programs. The other two, The Global Effects of Fund-supported Adjustment Programs by Morris Goldstein and Fund-Supported Programs, Fiscal Policy, and Income Distribution by the Fiscal Affairs Department, will also be published in the Fund's Occasional Paper Series.

Adjustment Crisis in the Third World

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Publisher : Transaction Publishers
ISBN 13 : 9780887380402
Total Pages : 212 pages
Book Rating : 4.3/5 (84 download)

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Book Synopsis Adjustment Crisis in the Third World by : Richard E. Feinberg

Download or read book Adjustment Crisis in the Third World written by Richard E. Feinberg and published by Transaction Publishers. This book was released on 1984-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Is Fiscal Policy the Answer?

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Publisher : World Bank Publications
ISBN 13 : 0821396307
Total Pages : 286 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Is Fiscal Policy the Answer? by : Blanca Moreno-Dodson

Download or read book Is Fiscal Policy the Answer? written by Blanca Moreno-Dodson and published by World Bank Publications. This book was released on 2012-10 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy is an important instrument for maintaining and improving living standards. Such living standards can be viewed as an outcome of the interaction between the opportunities offered by society and the readiness and ability of each person to exploit them. Under certain circumstances, public finance can make an important contribution to the creation of opportunities within a given society by raising resources from the private sector through taxation or borrowing (domestic and external) and allocating those resources effectively and equitably in the form of public spending, including through public goods and transfers. The first chapters in this volume sketch out a framework that policy makers can use in adopting a more cohesive or integrated approach to the short- and long-term dimensions of fiscal policy. Here the traditional threefold rationale for fiscal policy proposed by Musgrave-stabilization, resource allocation, and distribution-continues to be useful. Other chapters in this volume take up some of the critical institutional challenges in implementing fiscal policy for longer-term growth and development. These chapters also look at the tools and approaches being developed to address these challenges. Improving the quality of public investment management is a particular priority in view of the recent evidence that as little as half of all public investment expenditure translates into productive capital stock. The last chapter in this volume is a case study of fiscal responses to the great recession in low-income Sub-Saharan Africa, looking at stabilization and the longer-run growth, as well as distributional aspects of such responses. The growing depth of domestic financial markets in many African countries rather unexpectedly is turning out to be a critical source of financing for fiscal policy responses.

Growth-oriented Adjustment Programs

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Publisher :
ISBN 13 :
Total Pages : 562 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Growth-oriented Adjustment Programs by : Vittorio Corbo

Download or read book Growth-oriented Adjustment Programs written by Vittorio Corbo and published by . This book was released on 1987 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents the proceeding of a symposium on growth-oriented adjustment programs that was organized jointly by the International Monetary Fund and the World Bank and held in Washington on February 25-27, 1987. The purpose of this symposium was to review the design of, and scrutinize the economic rationale behind adjustment programs supported by the Bank and the Fund, and to examine how best to help developing countries achieve balance of payments stability with sustainable economic growth. The report includes opening remarks from then Bank President, Barber Conable and Fund Managing Director, Michel Camdessus, as well as written proceedings from all sessions presented. Session topics included: World Bank programs for Adjustment and Growth; Adjustment and Economic Growth - their fundamental complementarity; Economic Stabilization and Structural Adjustment - the case of Turkey; Economic Growth and Economic Policy; Adjustment in Latin America, 1981-86; Outward Orientation - trade issues; Trade and Exchange Rate Policies in Growth-Oriented Adjustment Programs; Agricultural Structural Policies; Growth-Oriented Adjustment Programs - fiscal policy issues; The Role of External Private Capital Flows; Official Financing and Growth-Oriented Structural Adjustment; and a Round Table Discussion.

Fiscal Policy, Stabilization, and Growth in Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 9781557750341
Total Pages : 404 pages
Book Rating : 4.7/5 (53 download)

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Book Synopsis Fiscal Policy, Stabilization, and Growth in Developing Countries by : Mr.Mario I. Bléjer

Download or read book Fiscal Policy, Stabilization, and Growth in Developing Countries written by Mr.Mario I. Bléjer and published by International Monetary Fund. This book was released on 1989-06-15 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Mario I. Blejer and Ke-young Chu, this book investigates linkages among components of the public sector, as well as between macro and micro aspects of fiscal policy, in developing countries. It presents 13 papers prepared by economists of the IMF's Fiscal Affairs Department.

The Implications of Fund Supported Adjustment Programs for Poverty

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Publisher : International Monetary Fund
ISBN 13 : 9781557750136
Total Pages : 52 pages
Book Rating : 4.7/5 (51 download)

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Book Synopsis The Implications of Fund Supported Adjustment Programs for Poverty by : International Monetary Fund

Download or read book The Implications of Fund Supported Adjustment Programs for Poverty written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-05-05 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a study that focuses on specific adjustment programs for limited periods and is aimed largely at analyzing the short-run implications of the policy measures. The longer run implications are also discussed whenever relevant, since much of the rationale for policies and many of the beneficial effects on the poor are likely to be realized over time. The study also notes any compensatory targeting measures oriented to the poor, together with their implications for the adjustment efforts and the political viability of the programs. These analyses may provide lessons for improving the design of future adjustment programs. The chapter also summarizes the sample countries and programs; and describes the methodology used in the study. The results of the study suggest that adjustment programs in general have important distributional implications. During the process of adjustment, it is inevitable that some social groups gain while others lose, particularly when adjustment is aimed at a shift in sectoral resource allocation.

Fiscal Adjustment for Stability and Growth

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Publisher : International Monetary Fund
ISBN 13 : 149833301X
Total Pages : 64 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Adjustment for Stability and Growth by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Adjustment for Stability and Growth written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2006-01-27 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to inform policymakers, and other interested parties, about the IMF’s approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.

Adjustment Programs and Bank Support

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Publisher : World Bank Publications
ISBN 13 : 9609301320
Total Pages : 42 pages
Book Rating : 4.6/5 (93 download)

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Book Synopsis Adjustment Programs and Bank Support by : Vittorio Corbo

Download or read book Adjustment Programs and Bank Support written by Vittorio Corbo and published by World Bank Publications. This book was released on 1991 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adjustment should begin with policy and institutional reforms to deal with the ultimate causes of any macroeconomic crisis a country is experiencing. Only when progress has been made in reducing inflation and fiscal and balance of payment deficits should other structural reforms begin - of the public sector, trade and competition, the financial sector, and the labor market.

Structural Adjustment and Macroeconomic Policy Issues

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 158 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Structural Adjustment and Macroeconomic Policy Issues by : V. A. Jafarey

Download or read book Structural Adjustment and Macroeconomic Policy Issues written by V. A. Jafarey and published by International Monetary Fund. This book was released on 1992-06-15 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the proceedings of a conference, moderated by V.A. Jafarey, held in Lahore, Pakistan. papers given at the seminar addressed fiscal reform, monetary reform, privatization, and trade liberalization in the context of IMF-supported adjustment programs, with emphasis on the Pakistani experience.

Fiscal Policy over the Election Cycle in Low-Income Countries

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Publisher : International Monetary Fund
ISBN 13 : 1475588518
Total Pages : 24 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Fiscal Policy over the Election Cycle in Low-Income Countries by : Mr.Christian Ebeke

Download or read book Fiscal Policy over the Election Cycle in Low-Income Countries written by Mr.Christian Ebeke and published by International Monetary Fund. This book was released on 2013-06-26 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on Low-Income Countries, we investigate the behavior of fiscal variables during and after elections. The results indicate that during election years, government consumption significantly increases and leads to higher fiscal deficits. During the two years following elections, the fiscal adjustment takes the form of increased revenue mobilization in trade taxes and cuts to government investment, with no significant cuts in government consumption. Using a new dataset on national fiscal rules and IMF programs, we find that both the presence of fiscal rules and IMF programs help dampen the magnitude of the political budget cycle in LICs. We conclude that elections not only imply a macroeconomic cost when they take place but also trigger a painful fiscal adjustment in which public investment is largely sacrificed.

Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 1475521669
Total Pages : 37 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries by : Huixin Bi

Download or read book Fiscal Limits, External Debt, and Fiscal Policy in Developing Countries written by Huixin Bi and published by International Monetary Fund. This book was released on 2014-03-31 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies fiscal policy effects in developing countries with external debt and sovereign default risks. State-dependent distributions of fiscal limits are simulated based on macroeconomic uncertainty and fiscal policy specifications. The analysis shows that expected future revenue plays an important role in the low fiscal limits of developing countries, relative to those of developed countries. External debt carries additional risks since large devaluation of the real exchange rate can suddenly raise default probabilities. Consistent with majority views, fiscal consolidations are counterproductive in the short and medium runs. When an economy approaches its fiscal limits, government spending can be less expansionary than in a low-debt state. As more revenue is required to service debt in a high-debt state, higher tax rates raise the economic cost of increasing consumption, reducing the fiscal multiplier.

Government Finance in Developing Countries

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Author :
Publisher : Brookings Institution Press
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Government Finance in Developing Countries by : Richard B. Goode

Download or read book Government Finance in Developing Countries written by Richard B. Goode and published by Brookings Institution Press. This book was released on 1984 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Survey of public finance fiscal policy issues in developing countries - covers national budgeting, public expenditure, credit and financing by increasing money supply; discusses taxation and the use of various tax systems such as income tax and consumption tax; considers the use and efficiency of fiscal measures to promote economic growth, economic stability and equitable distribution. Tables.