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Appendix I. How Countries Undertook Their Adjustment Efforts

Appendix I. How Countries Undertook Their Adjustment Efforts »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

This appendix provides a detailed description of changes in expenditure policy and public expenditure management, tax policy and administration, and of certain aspects of public ent...

Appendix II. Expenditure and Tax Categories

Appendix II. Expenditure and Tax Categories »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

Appendix II presents background information (referred to in the text) on selected economic and functional categories of expenditure, and major tax categories, expres...

Appendix III. Summary of Tax Systems

Appendix III. Summary of Tax Systems »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

This appendix presents in tabular form (Table 12) the eight countries at various stages of their adjust-some of the basic features of the tax systems of ment efforts....

The Composition of Fiscal Adjustment and Growth
			: Lessons from Fiscal Reforms in Eight Economies

The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies »

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

DOI: http://dx.doi.org/10.5089/9781557756299.084

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

This study examines the composition of fiscal adjustment - tax and expenditure policies and administrative procedures, and some aspects of public enterprise reform - in a sample of eight countries (Bangladesh, Chil...

I Introduction and Summary: Issues in Adjustment and Growth

I Introduction and Summary: Issues in Adjustment and Growth »

Source: Reinvigorating Growth in Developing Countries : Lessons from Adjustment Policies in Eight Economies

Series: Occasional Papers

Author(s): Kalpana Kochhar , Erik Offerdal , Louis Dicks-Mireaux , Mauro Mecagni , Jianping Zhou , Balázs Horváth , David Goldsbrough , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 1996

ISBN: 9781557755599

Keywords: inflation, terms of trade, private investment, external financing, wages

Following the severe economic shocks—a sharp deterioration in the terms of trade and higher world interest rates—of the late 1970s and early 1980s and the ensuing debt crisis, a large number of developing co...

I. Overview: Fiscal Reform and Economic Growth

I. Overview: Fiscal Reform and Economic Growth »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

Although the immediate objectives of IMF-supported programs are financial stabilization and a sustainable external position for the member country seeking IMF assistance, the ultimate aim is the improvement...

II. How Fiscal Policy Can Affect Growth: Conceptual Issues and Evidence

II. How Fiscal Policy Can Affect Growth: Conceptual Issues and Evidence »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

A Basic Conceptual Framework 4 Growth in actual output per person employed (productivity growth) can be attributed to one or more of th...

II Overview of Adjustment

II Overview of Adjustment »

Source: Reinvigorating Growth in Developing Countries : Lessons from Adjustment Policies in Eight Economies

Series: Occasional Papers

Author(s): Kalpana Kochhar , Erik Offerdal , Louis Dicks-Mireaux , Mauro Mecagni , Jianping Zhou , Balázs Horváth , David Goldsbrough , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 1996

ISBN: 9781557755599

Keywords: inflation, terms of trade, private investment, external financing, wages

Under the IMF’s mandate, resolving member countries’ external financing problems must receive priority in IMF-supported programs; this objective, however, should be pursued with sensitivity toward the ultima...

III. Country Experiences with Public Sector Reform

III. Country Experiences with Public Sector Reform »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

The objective of this section is to assess the growth-fostering characteristics of the public sector reforms undertaken by eight countries during a period normally of about 15 years (usually 1978–93). Sectio...

III Cross-Country Evidence on Factors Influencing Growth

III Cross-Country Evidence on Factors Influencing Growth »

Source: Reinvigorating Growth in Developing Countries : Lessons from Adjustment Policies in Eight Economies

Series: Occasional Papers

Author(s): Kalpana Kochhar , Erik Offerdal , Louis Dicks-Mireaux , Mauro Mecagni , Jianping Zhou , Balázs Horváth , David Goldsbrough , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 August 1996

ISBN: 9781557755599

Keywords: inflation, terms of trade, private investment, external financing, wages

This section draws upon cross-country evidence for as large a group of countries as possible, to examine some of the long-term influences on growth and the role of several policy-related variables. With the...