{
  "title": "Expenditure Issues and Governance in Central America",
  "publication": "IMF Working Papers, November 1, 2002",
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  "summary": "This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to economic growth; health and education outcomes; adequacy of social safety nets; and governance.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to:\n  - economic growth;\n  - health and education outcomes;\n  - adequacy of social safety nets;\n  - governance.\n- It assesses the degree to which the track record can be traced to reforms in public expenditure and governance.\n- Despite considerable heterogeneity among the countries in the region, there are some policies that all countries need to pursue: sustained growth, better quality of fiscal adjustment, policies aimed at increasing individuals' productivity, and improving governance."
    },
    {
      "heading": "Key findings and themes",
      "content": "- The analysis links inequality, poverty, and the quality of fiscal adjustment to outcomes in growth, health, education, social safety nets, and governance.\n- Public expenditure and governance reforms are assessed as determinants of the region’s track record on these social and fiscal outcomes.\n- Heterogeneity across Central American countries is emphasized; nevertheless, common policy priorities are identified."
    },
    {
      "heading": "Policy recommendations (high-level)",
      "content": "- Pursue sustained economic growth.\n- Improve the quality of fiscal adjustment.\n- Implement policies aimed at increasing individuals' productivity.\n- Strengthen governance.\n\n---\n\n Content in this bundle\n\n- Expenditure Issues and Governance in Central America - WP/02/187\n  - Expenditure Issues and Governance in Central America - WP/02/187 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Expenditure Issues and Governance in Central America - WP/02/187 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/expenditure-issues-and-governance-in-central-america-16120"
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    "Authors: Ana Corbacho, Hamid R Davoodi",
    "Published: November 1, 2002",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451859522.001",
    "This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to:",
    "It assesses the degree to which the track record can be traced to reforms in public expenditure and governance.",
    "Despite considerable heterogeneity among the countries in the region, there are some policies that all countries need to pursue: sustained growth, better quality of fiscal adjustment, policies aimed at increasing individuals' productivity, and improving governance.",
    "The analysis links inequality, poverty, and the quality of fiscal adjustment to outcomes in growth, health, education, social safety nets, and governance.",
    "Public expenditure and governance reforms are assessed as determinants of the region’s track record on these social and fiscal outcomes.",
    "Heterogeneity across Central American countries is emphasized; nevertheless, common policy priorities are identified.",
    "Pursue sustained economic growth.",
    "Improve the quality of fiscal adjustment.",
    "Implement policies aimed at increasing individuals' productivity.",
    "Strengthen governance.",
    "**Expenditure Issues and Governance in Central America - WP/02/187**"
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