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Record Nr. |
UNINA9910786501203321 |
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Titolo |
Is fiscal policy the answer? : : a developing country perspective / / edited by Blanca Moreno Dodson |
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Pubbl/distr/stampa |
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Washington, D.C. : , : World Bank, , 2012 |
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ISBN |
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1-283-85410-4 |
0-8213-9631-5 |
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Descrizione fisica |
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Collana |
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Directions in development |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Fiscal policy - Developing countries |
Financial crises - Developing countries |
Economic development |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Cover; Contents; Foreword; About the Editor and Authors; Acknowledgments; Abbreviations; Overview: Fiscal Policy for Growth and Development; Context, Recent Trends, and Lessons from the Crisis; Figures; O.1 World Output Growth, 1961-2012; O.2 Frequency Distribution of GDP Growth, Developed and Developing Countries, 2009; O.3 General Government Debt, Medians, 2002-11; Fiscal Policy for Growth and Development-A Framework; O.4 General Government Debt, All Developing Countries, 2002-11; O.5 Fiscal Policy for Growth and Development, A Framework; Public Spending and Long-Run Growth |
Public Investment Management: Challenges and Tools Fiscal Policy for Sustainable Development in Resource-Rich LICs; Analyzing the Distributive Effects of Fiscal Policies: How to Prepare (Analytically) for the Next Crisis; Fiscal Policy Lessons from the Global Crisis in Sub-Saharan Africa; The Way Forward; Notes; References; Chapter 1 Fiscal Policy for Growth and Social Welfare; Evaluative Framework for Fiscal Policy Making; 1.1 Framing the Impact of Fiscal Policy on Growth and Social Welfare; Potential Impact of Fiscal Policy on Growth; Assessing the Redistributive Effects of Fiscal Policy |
The Political Economy of Fiscal Volatility Social Safety Nets; Evidence from Fiscal Policy Responses to the Crisis; 1.2 Correlation between the Growth Performance and Social Protection Expenditures, Selected |
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Countries; Boxes; 1.1 Social Spending in Argentina in Times of Crisis; 1.2 Social Spending and Tax Policy in the Republic of Korea; 1.3 Policy Responses in Peru and Indonesia; 1.4 Limited Fiscal Space and Stimulus Policies in the Philippines; Concluding Remarks; 1.5 Fiscal Policies and the Help of Automatic Stabilizers in Thailand; Notes; References |
Chapter 2 Public Spending and Long-Run Growth in Practice: Concepts, Tools, and EvidenceConceptual Issues in Estimating the Growth Effects of Public Expenditure Reforms; Existing Evidence on the Effects of Public Expenditure Reforms in Developing Countries; Tables; 2.1 Summary of Relevant Papers; 2.2 Estimated Growth Effects of Productive Expenditure; 2.3 Estimated Growth Effects of Capital Expenditure; 2.4 Estimated Growth Effects of Current Expenditure Components; 2.5 Estimated Growth Effects of Sectoral Expenditure; Public Spending for Growth during the Global Crisis |
2.1 Fiscal Policy in the Republic of Korea Directions for Future Research and for Policy Making in Practice; Conclusion; Notes; References; Chapter 3 Public Investment Management Challenges and Tools; 3.1 A Flash Survey of the Public Investment Management (PIM) Challenge; Public Investment and the Recent Global Crisis; 3.2 Public Investment Trends by Income Group, 1998-2009; 3.1 Selected Country Capital Spending Trajectories and Budget Credibility; 3.3 Public Investment Levels and the Global Crisis, 2008-09; The Challenge of Improving the Efficiency of Public Investments |
3.4 Government Investment and Infrastructure Quality |
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Sommario/riassunto |
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The global financial crisis has reignited interest in counter-cyclical fiscal policy as a critical instrument to provide immediate economic stimulus. But policy makers are also increasingly interested in how fiscal policy will impact growth and poverty over a longer run horizon, knowing that any quick responses to exogenous shocks also affect income generation and distribution. Those effects are less well known, however, and their dynamics still represent a challenge for many countries. In this book the authors explore methodological advances and new practices for fiscal policy implementation |
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