Occasional Papers

The Composition of Fiscal Adjustment and Growth: Lessons from Fiscal Reforms in Eight Economies

By George A Mackenzie, Philip R. Gerson, David William Harold Orsmond

April 3, 1997

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George A Mackenzie, Philip R. Gerson, and David William Harold Orsmond. The Composition of Fiscal Adjustment and Growth: Lessons from Fiscal Reforms in Eight Economies, (USA: International Monetary Fund, 1997) accessed September 18, 2024

Summary

This study examines the composition of fiscal adjustment - tax and expenditure policies and administrative procedures, and some aspects of public enterprise reform - in a sample of eight countries (Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand) during a period of fiscal reform (usually 1978-93), to determine whether and to what extent the fiscal reforms fostered growth during the adjustment period.

Subject: Capital spending, Economic sectors, Expenditure, Fiscal policy, Income, Income and capital gains taxes, National accounts, Public enterprises, Public financial management (PFM), Public sector, Taxes

Keywords: Capital spending, Country, Expenditure program, Expenditure reduction, Finance government expenditure, Global, Government finance statistics yearbook, IMF staff country report, Income, Income and capital gains taxes, Middle East, OP, Policy issue, Policy reform, Public enterprises, Public expenditure management systems, Public sector, Services tax, Tax category

Publication Details

  • Pages:

    78

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 1997/001

  • Stock No:

    S149EA0000000

  • ISBN:

    9781557756299

  • ISSN:

    0251-6365