Expenditure Composition, Fiscal Adjustment, and Growth in Low-Income Countries /

This paper assesses the effects of expenditure composition as well as fiscal adjustment on economic growth in a sample of 39 low-income countries during the 1990s. The paper finds that strong budgetary positions and fiscal consolidation are generally associated with higher economic growth in both th...

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Bibliographic Details
Main Author: Clements, Benedict
Other Authors: Baldacci, Emanuele, Gupta, Sanjeev, Mulas-Granados, Carlos
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/077
Online Access:Full text available on IMF