Public financial management and fiscal outcomes in Sub-Saharan African heavily-indebted poor countries / / Tej Prakash and Ezequiel Cabezon

• Autore: Prakash Tej
• Pubblicazione: [Washington, District of Columbia] : , : International Monetary Fund, , 2008; ©2008
• Descrizione fisica: 1 online resource (48 p.)
• Disciplina: 339.520967
• Soggetto topico: Fiscal policy - Africa, Sub-Saharan - Econometric models; Finance, Public - Africa, Sub-Saharan - Econometric models; Debts, Public - Africa, Sub-Saharan - Econometric models
• Soggetto genere / forma: Electronic books.
• Altri autori: CabezonEzequiel
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; II. What is PFM; III. A Brief Review of the Literature; A. Growth, Institutions, and PFM in SSA; B. General Literature Review on PFM and Fiscal Outcomes; C. Fiscal Targets in SSA Countries; Tables; 1. Numerical Targets in SSA HIPC Countries (2000-06 ); IV. PFM and Fiscal Outcomes; A. Measurement of PFM Quality; 2. HIPC PFM Assessment; Boxes; 1. Changes in HIPC Indicators Met from the 2001 to 2004 Assessment; 3. Macro and Fiscal Policy and PFM; B. Data; 4. Spearman Correlation Coefficients; C. Econometric Analysis; 5. HIPC SSA 2001 and 2004 ; 6. HIPC SSA Correlations Between Fiscal Outcomes and PFM Variables 7. HIPC SSA Correlations Between Fiscal Outcome and PFM Overall Score; Figures; 1. Plots of the Fiscal Variables and the PFM Overall Score; 8. HIPC SSA Correlations Between Fiscal Outcomes and PFM Indicators of Formulation and Execution; 9. HIPC SSA Correlations Between; 10. Fiscal Outcomes as Dependent Variable; V. Concluding Remarks; Annexes; I. Country Groups; II. HIPC Assessment Indicators; III. Variables in the Data Set; 11. Marginal Effects; IV. Results with Endogeneity Correction ; 12. Overall Balance as Dependent Variable 13. External Debt as Dependent Variable; 14. Fiscal Outcome as Dependent Variable; 15. Overall Balance as Dependent Variable; 16. External Debt as Dependent Variable; References
• Sommario/riassunto: This paper examines, in a formal econometric framework, the linkages between public financial management and fiscal outcomes in sub-Saharan African countries. Similar analyses have been done for Latin America, Europe, and the United States, but none in the context of low-income countries. Using public financial management indicators, as measured in two recent assessments related to the Heavily-Indebted Poor Countries Initiative, this study shows that improving public financial management leads to better fiscal outcomes, as measured by the overall fiscal balance and external debt levels, after
• Titolo autorizzato: Public financial management and fiscal outcomes in Sub-Saharan African heavily-indebted poor countries
• ISBN: 1-4623-8000-X; 1-4527-9145-7; 1-4518-7075-2; 9786612841682; 1-282-84168-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910463600303321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers