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  • Key Issues
  • Fiscal Issues at the IMF

On the Ground

Problem-Solving Ideas

Need to Know

What People Are Saying

  • Meeting Rising Pressures to Address Income Inequality—A User’s Guide

    These are difficult times for ministers of finance. Fiscal constraints are tight and raising economic growth a priority. At the same time, income inequality is on the rise, and so is public pressure for governments to do something about it through their tax and spending policies. What’s a minister to do? How can he or she meet these seemingly incompatible demands?

  • Once And For All—Why Capital Levies Are Not The Answer

    Last night, when you went to bed, you left $40 on the kitchen table. When you woke up this morning, you found only $30—and a note from the government saying, “Thank you very much, we took $10 as a tax payment.” This is, of course, extremely irritating. To an economist, however, it’s close to an ideal form of taxation, since there is nothing you can now do to reduce, avoid, or evade it—the holy grail of what economists call a non-distorting tax.

  • Death and Taxes May be Certain—But Taxes We Can Make Better

    The latest Fiscal Monitor takes a close look at where tax systems now stand, and where they might, and should be headed. Can we tax better, could we—if we wanted to—raise more revenue, and how does fairness come into it?


  • 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.

  • Energy Subsidy Reform: Lessons and Implications

    This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

  • Public Financial Management and Its Emerging Architecture

    Public financial management (PFM)—the fine art of budgeting, spending, and managing public monies—has seen an influx of innovations and reforms over the last two decades. This book poses critical questions about these reforms, which include fiscal rules, fiscal responsibility legislation, medium-term budget frameworks, fiscal councils, performance budgeting, and accrual accounting.

At the fiscal forefront


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