Making Fiscal Space Happen Managing Fiscal Policy in a World of Scaled-Up Aid
| Author/creator | Debrun, Xavier Author |
| Other author | Heller, Peter S. Author |
| Other author | Thomas, Theo Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 37 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation Debt relief and the scaling up of aid to low-income countries should allow for greater fiscal space for expenditure programs to create long-term growth and lower poverty rates. But designing a suitable medium-term fiscal framework that fosters a sustainable delivery of better public services and infrastructure while maintaining a credible commitment to fiscal prudence confronts many challenges. This paper discusses what low-income countries can do to shape fiscal policy frameworks that are ambitious in trying to absorb additional aid while still ensuring longer-term sustainability for government expenditure programs and finances. It suggests what approaches can be used to manage the greater fiscal policy risks associated with a scaled-up aid environment, including coordination with monetary policy. the paper also discusses what institutional changes are needed if donors and countries are to facilitate the implementation of a higher level of aid-financed spending programs. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781451909838 |
| ISBN | 1451909837 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |