Fiscal Policy Implementation in Sub-Saharan Africa /

This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, t...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Lledo, Victor
Muut tekijät: Poplawski Ribeiro, Marcos
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2011.
Sarja:IMF Working Papers; Working Paper ; No. 2011/172
Linkit:Full text available on IMF
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100 1 |a Lledo, Victor. 
245 1 0 |a Fiscal Policy Implementation in Sub-Saharan Africa /  |c Victor Lledo, Marcos Poplawski Ribeiro. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2011. 
300 |a 1 online resource (46 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper investigates economic, political, and institutional constraints to fiscal policy implementation in sub-saharan Africa. We find that planned fiscal adjustments or expansions are less likely to be implemented the larger they are, the more inaccurate the growth forecasts they are based on, the more fragile the regulatory system in the country, and the weaker the institutions framing the design, approval, and execution of the budget. The findings support ongoing efforts in the region to improve the quality and timeliness of economic data; enhance forecasting capacity; adopt realistic fiscal plans; and strengthen governance, budgetary institutions, and public financial management procedures. 
538 |a Mode of access: Internet 
700 1 |a Poplawski Ribeiro, Marcos. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/172 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2011/172/001.2011.issue-172-en.xml  |z IMF e-Library