How to order
IMF Publications

Working Papers in full text
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All


Other research-related activities and publications of the IMF can be found at IMF Research

Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile



Public Expenditure in Latin America: Trends and Key Policy Issues

Author/Editor: Clements, Benedict J. | Faircloth, Christopher | Verhoeven, Marijn
Authorized for Distribution: February 1, 2007
Electronic Access: Free Full Text (PDF file size is 418KB)
Use the free Adobe Acrobat Reader to view this PDF file.
 
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 examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current spending, in particular for social expenditures. Fluctuations in real spending have continued to follow a procyclical pattern. The paper finds that there is substantial scope to improve the efficiency of public investment, public employment, and social spending.
 
Series: Working Paper No. 07/21
Subject(s): Government expenditures | Latin America | Fiscal policy
Author's keyword(s): Public expenditure | fiscal policy | Latin America
 
English  
    Published:   February 1, 2007        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA2007021   Pages:   34
    Price:   US$18.00
       
     
Please address any questions about this title to publications@imf.org.