Public Expenditure and Inclusive Growth - A Survey
IMF Working Papers, March 19, 2021
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- Public Expenditure and Inclusive Growth - A Survey
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Bibliographic details
- Authors: Younes Zouhar, Jon Jellema, Nora Lustig, Mohamed Trabelsi
- Published: March 19, 2021
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781513574387.001
Summary / Abstract
- Explores the role of public expenditure in fostering inclusive growth.
- Presents salient features of public expenditure.
- Lays out an analytical framework describing channels through which public expenditure affects inequality and poverty in the short and long term.
- Reviews empirical literature to discuss policy options.
- Assesses the role of key factors such as the initial conditions and the institutions in shaping inclusive spending policies.
Analytical framework
- Describes channels linking public expenditure to inequality and poverty.
- Considers both short-term and long-term effects of public expenditure on distributional outcomes.
Empirical findings (literature review)
- Synthesizes empirical literature on how public expenditure influences inequality and poverty.
- Focuses on effectiveness and mean inequality impact of spending policies across contexts.
Policy options and recommendations
- Discusses policy options informed by the empirical literature.
- Emphasizes designing inclusive spending policies considering initial conditions and institutional context.
Role of initial conditions and institutions
- Assesses how initial conditions shape feasible and effective inclusive spending policies.
- Evaluates the influence of institutions on the implementation and outcomes of public expenditure.
Metadata and key statistics
- Title: Public Expenditure and Inclusive Growth - A Survey
- Authors: Younes Zouhar, Jon Jellema, Nora Lustig, Mohamed Trabelsi
- Date: March 19, 2021
- Pages: 75
- Volume: 2021
- Issue: 083
- Series: Working Paper No. 2021/083
- DOI: https://doi.org/10.5089/9781513574387.001
- Stock No: WPIEA2021083
- ISBN: 9781513574387
- ISSN: 1018-5941
- Subjects: Education, Expenditure, Fiscal policy, Income, Income inequality, National accounts
- Keywords: Africa, Global, inclusive growth, Income, Income inequality, inequality, mean inequality impact effectiveness, policy option, poverty, poverty rate, public expenditure, social spending, spending policy
- Format noted on landing page: IMF Working Papers
Source: IMF Working Papers landing page for "Public Expenditure and Inclusive Growth - A Survey", accessed via the publication metadata provided.
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- Working Paper