05666nam 2200733Ia 450 991082197130332120200520144314.01-283-85410-40-8213-9631-510.1596/978-0-8213-9630-8(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 Dodson1st ed.Washington, D.C. World Bank2012pages 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 implementationDirections in development (Washington, D.C.).Public sector governance.Fiscal policyDeveloping countriesFinancial crisesDeveloping countriesEconomic developmentFiscal policyFinancial crisesEconomic development.339.5/2091724Moreno-Dodson Blanca1610671World Bank.MiAaPQMiAaPQMiAaPQBOOK9910821971303321Is fiscal policy the answer?3953247UNINA