Public Expenditure and Inclusive Growth - A Survey

Author/Editor:

Younes Zouhar ; Jon Jellema ; Nora Lustig ; Mohamed Trabelsi

Publication Date:

March 19, 2021

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

This paper explores the role of public expenditure in fostering inclusive growth. It starts with a presentation of salient features of public expenditure. Then, it lays out an analytical framework that describes the channels through which public expenditure affects inequality and poverty in the short and long term. Based on a review of the empirical literature, it discusses the policy options. Finally, the paper assesses the role of key factors such as the initial conditions, and the institutions, in shaping the inclusive spending policies.

Series:

Working Paper No. 2021/083

Frequency:

regular

English

Publication Date:

March 19, 2021

ISBN/ISSN:

9781513574387/1018-5941

Stock No:

WPIEA2021083

Format:

Paper

Pages:

75

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