Making Fiscal Space Happen: Managing Fiscal Policy in a World of Scaled-Up Aid
Saved in:
Bibliographic Details
Main Author: Debrun, Xavier (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2006
Series:IMF Working Papers Working Paper No. 06/270
Links:http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
http://elibrary.imf.org/view/IMF001/04424-9781451865301/04424-9781451865301/04424-9781451865301.xml
Abstract: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
Physical Description:1 Online-Ressource (53 p)
ISBN:1451865309
9781451865301