Helping Countries Develop: The Role of Fiscal Policy - Softcover

Softcover

ISBN 10: 158906318X ISBN 13: 9781589063181

Publisher: International Monetary Fund (IMF), 2004

Synopsis

This publication contains a number of papers by authors using recent research to discuss key principles for the conduct of fiscal policy in developing countries, particularly the poorest countries where there are often insufficient public revenues available to meet spending demands. The papers consider a range of issues organised under the headings of: macroeconomic policy in developing countries; public spending and meeting the Millennium Development Goals; revenues and growth; fiscal policy and aid. The publication also includes two papers on i) the fiscal consequences of armed conflict and terrorism in low and middle income countries, and ii) a comparison between two public expenditure management systems in Africa.

About this title

Product Description

Fiscal policy can foster growth and human development through a number of different channels. These include the macroeconomic (for example, through the influence of the budget deficit on growth) as well as the microeconomic (through its influence on the efficiency of resource use). But how precisely do these channels work in developing countries? What kind of tax and expenditure policies should developing countries implement to help them meet the Millennium Development Goals? And how can international aid be made more effective? Drawing on both theory and country experience, this book brings together IMF research on the various ways that fiscal policy can be used to help spur economic development.

Edition details

• Publisher: International Monetary Fund (IMF)
• Publication date: 2004
• Language: English
• ISBN 10: 158906318X
• ISBN 13: 9781589063181
• Binding: Paperback
• Number of pages: 528
• Editor: Sanjeev Gupta, Benedict Clements