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Record Nr. |
UNINA9910788406003321 |
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Autore |
Debrun Xavier |
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Titolo |
Making Fiscal Space Happen : : Managing Fiscal Policy in a World of Scaled-Up Aid / / Xavier Debrun, Peter Heller, Theo Thomas, Menachem Katz, Isabell Adenauer, Taline Koranchelian |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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1-4623-6997-9 |
1-4527-7233-9 |
1-283-51559-8 |
1-4519-0983-7 |
9786613828040 |
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Descrizione fisica |
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1 online resource (55 p.) |
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Collana |
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Altri autori (Persone) |
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HellerPeter |
ThomasTheo |
KatzMenachem |
AdenauerIsabell |
KoranchelianTaline |
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Soggetti |
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Fiscal policy |
Finance, Public |
Budgeting |
Exports and Imports |
Public Finance |
National Government Expenditures and Related Policies: General |
National Budget |
Budget Systems |
Fiscal Policy |
Foreign Aid |
Public finance & taxation |
Budgeting & financial management |
Macroeconomics |
International economics |
Expenditure |
Budget planning and preparation |
Public financial management (PFM) |
Aid flows |
Expenditures, Public |
Budget |
Economic assistance |
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Tanzania, United Republic of |
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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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Nota di contenuto |
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""Contents""; ""ACRONYMS""; ""I. INTRODUCTION""; ""II. SETTING THE APPROPRIATE FISCAL POLICY FRAMEWORK""; ""III. ENHANCING THE MANAGEMENT OF FISCAL RISK""; ""IV. INSTITUTIONAL APPROACHES TO FACILITATE FISCAL MANAGEMENT WITH SCALED-UP AID FLOWS""; ""V. CONCLUSIONS""; ""REFERENCES"" |
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Sommario/riassunto |
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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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