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Expenditure Issues and Governance in Central America

Author/Editor: Corbacho, Ana | Davoodi, Hamid Reza
Authorized for Distribution: November 1, 2002
Electronic Access: Free Full Text (PDF file size is 1,157KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to economic growth; health and education outcomes; adequacy of social safety nets; and governance. It then assesses the degree to which the track record can be traced to reforms in public expenditure and governance. Despite the considerable heterogeneity among the countries in the region, there are some policies that all countries need to pursue. Sustained growth and a better quality of fiscal adjustment are needed, as well as policies aimed at increasing individuals' productivity and improving governance.
 
Series: Working Paper No. 02/187
Subject(s): Government expenditures | Costa Rica | Dominican Republic | El Salvador | Guatemala | Honduras | Nicaragua | Panama | Health care | Education | Social safety nets | Governance
Author's keyword(s): Expenditure issues | fiscal adjustment | poverty | inequality | health | education | social safety net | governance
 
English  
    Published:   November 1, 2002        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA1872002   Pages:   32
    Price:   US$15.00
       
     
Please address any questions about this title to publications@imf.org.