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|c 5.00 USD
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|z 9781451865301
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Debrun, Xavier.
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|a Making Fiscal Space Happen :
|b Managing Fiscal Policy in a World of Scaled-Up Aid /
|c Xavier Debrun, Peter Heller, Theo Thomas, Menachem Katz.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2006.
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|a 1 online resource (53 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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.
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|a Mode of access: Internet
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|a Heller, Peter.
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|a Katz, Menachem.
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|a Thomas, Theo.
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|a IMF Working Papers; Working Paper ;
|v No. 2006/270
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2006/270/001.2006.issue-270-en.xml
|z IMF e-Library
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