LEADER 06042oam 22010934 450 001 9910961192503321 005 20250426110706.0 010 $a9786612844294 010 $a9781462326501 010 $a1462326501 010 $a9781451873740 010 $a1451873743 010 $a9781282844292 010 $a1282844296 010 $a9781452714745 010 $a1452714746 035 $a(CKB)3170000000055366 035 $a(SSID)ssj0000940050 035 $a(PQKBManifestationID)11528464 035 $a(PQKBTitleCode)TC0000940050 035 $a(PQKBWorkID)10947841 035 $a(PQKB)11676837 035 $a(OCoLC)694140989 035 $a(MiAaPQ)EBC1608847 035 $a(IMF)WPIEE2009227 035 $a(IMF)WPIEA2009227 035 $aWPIEA2009227 035 $a(EXLCZ)993170000000055366 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAnalyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a63 p. $cill 225 1 $aIMF Working Papers 300 $a"October 2009." 311 08$a9781451917925 311 08$a1451917929 327 $aIntro -- Contents -- I. Introduction -- II. Defining Fiscal Space -- III. The Mams Model and Burkina Faso Calibration -- A. Features of MAMS -- B. Baseline Calibration of MAMS -- IV. Creating Fiscal Space -- A. Prioritizing Expenditures -- B. Increasing Aid Inflows -- C. Raising Domestic Revenue -- D. Comparing Gains in Fiscal Space -- E. Macroeconomic Impact -- F. Impact on Income Distribution -- G. Impact on MDGs -- V. Using Fiscal Space -- A. Human Development Spending Versus Infrastructure Spending -- B. Macroeconomic Impact -- C. Impact on Income distribution -- D. Impact on MDGs -- VI. Lessons -- References -- Tables -- 1. Factor Intensity by Sector -- Figures -- 1. MAMS Baseline Calibration and IMF Forecasts -- 2. Structural Change in the MAMS Baseline Simulation -- 3. Fiscal Space in the Prioritized Scenario -- 4. Fiscal Space in the Aid Scenario -- 5. Fiscal Space in the Revenue Scenario, 2007-30 -- 6. Comparing Fiscal Space in Priority, Aid, and Revenue Scenarios -- 7. Fiscal Space and Targeted Spending Increases -- 8. Cumulative Change in Real GDP, 2007-30 -- 9. Real GDP, 2007-30 -- 10. Trade Balance and Absorption -- 11. Reallocation of Factors Across Sectors in the Aid Scenario -- 12. Real Exchange Rate Adjustment -- 13. Impact on Income Distribution by Household Type -- 14. National Poverty Rate and Food Prices -- 15. Poverty Rates by Household Group -- 16. Education and Health MDG Indicators -- 17. Human Development vs. Infrastructure Spending -- 18. Real GDP Impact -- 19. Balance of Payments Indicators -- 20. Impact on Income Distribution by Household Type -- 21. Poverty Impact -- 22. Education and Health MDG Indicators -- Appendices -- I. Modeling of MDG Sectors in MAMS -- II. Budget Composition in Burkina Faso. 330 3 $aThis paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education spending, infrastructure spending, or both. The analysis takes place within the World Bank's MAMS model, which is a multisectoral real computable general equilibrium model that incorporates the Millennium Development Goals. The model has been calibrated for Burkina Faso, which serves as an illustrative country example. Some of the key results are that absorbing a more educated labor force requires fundamental structural change in the economy; increasing health and education spending can face sizeable capacity constraints; and infrastructure spending has a positive effect on growth as well as education and health outcomes. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/227 517 3 $aAnalyzing fiscal space using MAMS model 606 $aFiscal policy$zBurkina Faso$xEconometric models 606 $aEducation$2imf 606 $aEducation: General$2imf 606 $aExpenditure$2imf 606 $aExpenditures, Public$2imf 606 $aFiscal Policy$2imf 606 $aFiscal policy$2imf 606 $aFiscal space$2imf 606 $aIncome economics$2imf 606 $aLabor economics$2imf 606 $aLabor Economics: General$2imf 606 $aLabor$2imf 606 $aLabour$2imf 606 $aMacroeconomics$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aPublic finance & taxation$2imf 606 $aPublic Finance$2imf 606 $aWages$2imf 606 $aWages, Compensation, and Labor Costs: General$2imf 607 $aBurkina Faso$xEconomic policy$xEconometric models 607 $aBurkina Faso$xEconomic conditions$xEconometric models 607 $aBurkina Faso$2imf 615 0$aFiscal policy$xEconometric models. 615 7$aEducation 615 7$aEducation: General 615 7$aExpenditure 615 7$aExpenditures, Public 615 7$aFiscal Policy 615 7$aFiscal policy 615 7$aFiscal space 615 7$aIncome economics 615 7$aLabor economics 615 7$aLabor Economics: General 615 7$aLabor 615 7$aLabour 615 7$aMacroeconomics 615 7$aNational Government Expenditures and Related Policies: General 615 7$aPublic finance & taxation 615 7$aPublic Finance 615 7$aWages 615 7$aWages, Compensation, and Labor Costs: General 676 $a338.96625 712 02$aInternational Monetary Fund.$bAfrican Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910961192503321 996 $aAnalyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso$94371365 997 $aUNINA