Afghanistan : Balancing Social and Security Spending in the Context of Shrinking Resource Envelope /

For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the security-development tradeoff facing the government in its effort to rehabilitate macroe...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Aslam, Aqib
מחברים אחרים: Berkes, Enrico, Fukac, Martin, Menkulasi, Jeta
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2013.
סדרה:IMF Working Papers; Working Paper ; No. 2013/133
גישה מקוונת:Full text available on IMF
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100 1 |a Aslam, Aqib. 
245 1 0 |a Afghanistan :   |b Balancing Social and Security Spending in the Context of Shrinking Resource Envelope /  |c Aqib Aslam, Enrico Berkes, Martin Fukac, Jeta Menkulasi. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (35 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 For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to capture the security-development tradeoff facing the government in its effort to rehabilitate macroeconomic stability and welfare. In particular, it considers strategic policy options for counteracting and minimizing the negative macroeconomic impact of possible aid and revenue shortfalls. We find that the mobilization of domestic revenues through changes in tax policy is the preferred policy response for Afghan central government. Such a response helps to place its finances on a sustainable path and preserve most of the growth potential. Cutting expenditures balances public finances, but causes the economy to permanently shrink. Debt financing helps to preserve much of the economy size but can jeopardize the sustainability of public finances. 
538 |a Mode of access: Internet 
700 1 |a Berkes, Enrico. 
700 1 |a Fukac, Martin. 
700 1 |a Menkulasi, Jeta. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/133 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2013/133/001.2013.issue-133-en.xml  |z IMF e-Library