International Monetary Fund

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  • Key Issues
  • Fiscal Issues at the IMF

On the Ground

  • Making Public Investment More Efficient

    Public investment supports the delivery of key public services, connects citizens and firms to economic opportunities, and can serve as an important catalyst for economic growth.

  • Fiscal Policy and Long-Term Growth

    This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers.

  • Fiscal Monitor: Now Is the Time: Fiscal Policies for Sustainable Growth

    Fiscal risks remain significant in both advanced and emerging market and developing economies. Fiscal policy continues to play an essential role in building confidence and, where appropriate, sustaining aggregate demand.

Problem-Solving Ideas

Need to Know

What People Are Saying

  • Oil Prices and Public Finances: A Double-Edged Sword

    Plunging oil prices have taken the public finances on an exciting ride the past six months. Oil prices have fallen about 45 percent since September (see April 2015 World Economic Outlook), putting a big dent in the revenues of oil exporters, while providing oil importers an unexpected windfall.

  • Measure to Measure: The Effect of Fiscal Policy on Growth and Stability

    Does fiscal policy respond systematically to economic activity? Can fiscal policy promote macroeconomic stability? Does greater stability support stronger growth? The answer is yes on all counts.

  • Growth Dividend from Stabilizing Fiscal Policies

    Anyone can easily picture an economy where instability, stagnation and runaway government deficits converge into a perfect storm. Yet the simple mirror image of stability, growth, and balanced budgets currently seems odd to many.


  • Getting Energy Prices Right: From Principle to Practice

    This book develops a practical methodology, and associated tools, to show how the major environmental damages from energy can be quantified for different countries and used to design the efficient set of energy taxes.

  • Post-Crisis Fiscal Policy

    The book underscores how the global financial crisis has reshaped our understanding of the role of fiscal policy with topics that include a historical view of debt accumulation; the timing, size, and composition of fiscal stimulus packages in advanced and emerging economies; the heated debate surrounding the size of fiscal multipliers and the effectiveness of fiscal policy as a countercyclical tool and more.

  • Administering Fiscal Regimes for Extractive Industries : A Handbook

    Revenues from natural resources often pose unique challenges for tax administration. This Handbook is one of the first of its kind to focus attention on effectively administering revenues from extractive industries.

  • Equitable and Sustainable Pensions : Challenges and Experience

    This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world.

At the fiscal forefront


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