Author : Mr.Benedict J. Clements
Publisher : International Monetary Fund
ISBN 13 : 9781557757173
Total Pages : 106 pages
Book Rating : 4.7/5 (571 download)
Book Synopsis Fiscal Reforms in Low-Income Countries by : Mr.Benedict J. Clements
Download or read book Fiscal Reforms in Low-Income Countries written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 1998-03-31 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal performance. This study reviews the fiscal reform experience of 36 low-income developing countries that undertook macroeconomic and structural adjustment in the context of the IMF's Structural Adjustment Facility and Enhanced Structural Adjustment Facility during the period of 1985-95.