Helping Countries Develop: The Role of Fiscal Policy
Books, September 17, 2004
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- Helping Countries Develop: The Role of Fiscal Policy
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Bibliographic details
- Authors: Benedict J. Clements, Sanjeev Gupta, Gabriela Inchauste
- Published: September 17, 2004
- Series: Books
- DOI: https://doi.org/10.5089/9781589063181.071
Overview
- Fiscal policy can foster growth and human development through multiple channels, including macroeconomic channels (for example, through the influence of the budget deficit on growth) and microeconomic channels (through its influence on the efficiency of resource use).
- The book examines how these channels operate in developing countries and what tax and expenditure policies should be implemented to help meet the Millennium Development Goals.
- The book also examines how international aid can be made more effective.
- The volume draws on both theory and country experience and brings together IMF research on ways fiscal policy can be used to help spur economic development.
Key questions addressed
- How precisely do macroeconomic and microeconomic channels of fiscal policy work in developing countries?
- What kinds of tax and expenditure policies should developing countries implement to help them meet the Millennium Development Goals?
- How can international aid be made more effective?
Subjects and keywords
- Subject: Education, Education spending, Expenditure, Fiscal consolidation, Fiscal policy, Health care spending, Public debt
- Keywords: Africa, Asia and Pacific, BOOK, country, exchange rate, Fiscal consolidation, francophone country, Global, hazard function, Health care spending, per capita income, recipient country, Sub-Saharan Africa, user payment, Western Hemisphere
Content summary from the IMF publication landing page for "Helping Countries Develop: The Role of Fiscal Policy."