Public Expenditure in Latin America : Trends and Key Policy Issues /

This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past...

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Xehetasun bibliografikoak
Egile nagusia: Clements, Benedict
Beste egile batzuk: Faircloth, Christopher, Verhoeven, Marijn
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2007.
Saila:IMF Working Papers; Working Paper ; No. 2007/021
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current spending, in particular for social expenditures. Fluctuations in real spending have continued to follow a procyclical pattern. The paper finds that there is substantial scope to improve the efficiency of public investment, public employment, and social spending.
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Deskribapen fisikoa:1 online resource (34 pages)
Formatua:Mode of access: Internet
ISSN:1018-5941
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students