05571oam 22007095 450 991078650120332120200520144314.01-283-85410-40-8213-9631-510.1596/978-0-8213-9630-8(CKB)2670000000276805(EBL)1092275(OCoLC)819083335(SSID)ssj0000780393(PQKBManifestationID)12336580(PQKBTitleCode)TC0000780393(PQKBWorkID)10802721(PQKB)11584457(MiAaPQ)EBC1092275(Au-PeEL)EBL1092275(CaPaEBR)ebr10626516(CaONFJC)MIL416660(OCoLC)818905029(The World Bank)17424471(US-djbf)17424471(EXLCZ)99267000000027680520120809d2012 uf 0engurcn|||||||||txtrdacontentcrdamediacrrdacarrierIs fiscal policy the answer? : a developing country perspective /edited by Blanca Moreno DodsonWashington, D.C. :World Bank,2012.pages cmDirections in developmentDescription based upon print version of record.0-8213-9630-7 Includes bibliographical references.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 GrowthPublic 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 PolicyThe 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 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; ReferencesChapter 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 Crisis2.1 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 Investments3.4 Government Investment and Infrastructure QualityThe 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 implementationWorld Bank e-Library.Fiscal policyDeveloping countriesFinancial crisesDeveloping countriesEconomic developmentFiscal policyFinancial crisesEconomic development.339.5/2091724Moreno-Dodson Blanca1492291World Bank.DLCDLCBOOK9910786501203321Is fiscal policy the answer?3714705UNINA