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

• Autore: Debrun Xavier
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Descrizione fisica: 1 online resource (55 p.)
• Soggetto topico: 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
• Soggetto geografico: Tanzania, United Republic of
• Altri autori: HellerPeter ThomasTheo KatzMenachem AdenauerIsabell KoranchelianTaline
• Note generali: "December 2006."
• Nota di contenuto: ""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""
• Sommario/riassunto: 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.
• Titolo autorizzato: Making Fiscal Space Happen
• ISBN: 1-4623-6997-9; 1-4527-7233-9; 1-283-51559-8; 1-4519-0983-7; 9786613828040
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788406003321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/270