Fiscal Management In Adjustment Lending

Author : Jayati Datta Mitra
Publisher : World Bank Publications
Page : 202 pages
File Size : 51,7 Mb
Release : 1997-01-01
Category : Business & Economics
ISBN : 0821339656

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Fiscal Management in Adjustment Lending by Jayati Datta Mitra Pdf

This study analyzes the World Bank's experience with fiscal management in 250 adjustment operations in 86 countries. It examines the fiscal records in a sample of 26 countries grouped by region, portfolio characteristics, and economic traits. The study confirms that fiscal deficit reduction is associated with improved external balances and economic growth and that it takes sustained, long-term effort, and continual vigilance against reversals. Fiscal mismanagement, not exogenous shocks, was the principal cause of persistent budget deficits. The study offers the following recommendations for the Bank and its borrowers:1) Estimate the level of the sustainable deficit and provide guidelines for achieving it in Bank economic and sector work and adjustment lending. 2) Improve sequencing of tax reform. 3) Consider explicitly the role of the state and the appropriate mix of public/private provision of services in recommending public expenditure reform. 4) Include poverty alleviation and equity objectives in public expenditure reform. 5) Build adequate monitoring and performance indicators for both tax and expenditure reforms. 6) Enhance Bank-Fund coordination, in support of the Fund's lead role in giving fiscal advice, by strengthening the Bank's ability to analyze taxes and expenditures.

Author : Barbara Nunberg,Banco Mundial
Publisher : World Bank Publications
Page : 45 pages
File Size : 46,7 Mb
Release : 1990
Category : Ajuste economico
ISBN : 8210379456XXX

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Public Sector Management Issues in Structural Adjustment Lending by Barbara Nunberg,Banco Mundial Pdf

Author : Barbara Nunberg
Publisher : World Bank Publications
Page : 54 pages
File Size : 51,6 Mb
Release : 1990
Category : Administrative agencies
ISBN : STANFORD:36105015790095

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Public Sector Management Issues in Structural Adjustment Lending by Barbara Nunberg Pdf

Public sector management components of structural adjustment loans (SALs) progressed unevenly, and the outcomes varied with different political, administrative and economic conditions. Change was often incremental and sometimes unsustainable. Reforms linked to specific, actionable steps were more successfully implemented.

Author : World Bank. Country Economics Department
Publisher : Unknown
Page : 136 pages
File Size : 40,6 Mb
Release : 1990
Category : Business & Economics
ISBN : STANFORD:36105035116578

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Adjustment Lending Policies for Sustainable Growth by World Bank. Country Economics Department Pdf

Author : Ajay Chhibber,Javad Khalilzadeh Shirazi
Publisher : World Bank Publications
Page : 73 pages
File Size : 47,6 Mb
Release : 1988
Category : Ajuste economico
ISBN : 8210379456XXX

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Public finance in adjustment programs by Ajay Chhibber,Javad Khalilzadeh Shirazi Pdf

Author : Charles N. Henning,William Pigott,Robert Haney Scott
Publisher : McGraw-Hill Companies
Page : 600 pages
File Size : 52,5 Mb
Release : 1978
Category : Business & Economics
ISBN : STANFORD:36105037193385

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International Financial Management by Charles N. Henning,William Pigott,Robert Haney Scott Pdf

Author : Mr.James Daniel
Publisher : International Monetary Fund
Page : 80 pages
File Size : 41,5 Mb
Release : 2006-08-17
Category : Business & Economics
ISBN : 1589065131

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Fiscal Adjustment for Stability and Growth by Mr.James Daniel Pdf

The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.

Author : Paul Mosley
Publisher : Unknown
Page : 48 pages
File Size : 51,5 Mb
Release : 1987
Category : Business & Economics
ISBN : UOM:39015013527323

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Conditionality as Bargaining Process by Paul Mosley Pdf

Author : Mr.Jack Diamond,Mr.Barry H. Potter
Publisher : International Monetary Fund
Page : 84 pages
File Size : 47,6 Mb
Release : 1999-07-01
Category : Business & Economics
ISBN : 1557757879

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Guidelines for Public Expenditure Management by Mr.Jack Diamond,Mr.Barry H. Potter Pdf

Traditionally, economics training in public finances has focused more on tax than public expenditure issues, and within expenditure, more on policy considerations than the more mundane matters of public expenditure management. For many years, the IMF's Public Expenditure Management Division has answered specific questions raised by fiscal economists on such missions. Based on this experience, these guidelines arose from the need to provide a general overview of the principles and practices observed in three key aspects of public expenditure management: budget preparation, budget execution, and cash planning. For each aspect of public expenditure management, the guidelines identify separately the differing practices in four groups of countries - the francophone systems, the Commonwealth systems, Latin America, and those in the transition economies. Edited by Barry H. Potter and Jack Diamond, this publication is intended for a general fiscal, or a general budget, advisor interested in the macroeconomic dimension of public expenditure management.

Author : World Bank. Country Economics Department
Publisher : Washington, D.C. : World Bank
Page : 122 pages
File Size : 54,5 Mb
Release : 1992
Category : Economic assistance
ISBN : UCSD:31822015623937

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Adjustment Lending and Mobilization of Private and Public Resources for Growth by World Bank. Country Economics Department Pdf

Reviews updates earlier analyses of the effects of adjustment lending on growth in incomes and on the poor.

Author : Richard Allen,Salvatore Schiavo-Campo,Thomas Columkill Garrity
Publisher : World Bank Publications
Page : 166 pages
File Size : 46,7 Mb
Release : 2004
Category : Business & Economics
ISBN : 0821355996

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Assessing and Reforming Public Financial Management by Richard Allen,Salvatore Schiavo-Campo,Thomas Columkill Garrity Pdf

This study compares the various instruments and approaches used by the World Bank, the European Commission, the International Monetary Fund, the Strategic Partnership for Africa and several bilateral donor agencies to assess and reform public expenditure management systems in developing and transitional countries. It identifies weaknesses in the current system and recommends a new medium-term, country-led, multidonor approach which is focused on better budgetary management supplemented by donor aid funds, as a key mechanism to reduce poverty and attain other policy goals.

Author : Jeff Huther,Sandra Roberts,Anwar Shah
Publisher : World Bank Publications
Page : 66 pages
File Size : 45,5 Mb
Release : 1997
Category : Political Science
ISBN : 082134160X

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Public Expenditure Reform Under Adjustment Lending by Jeff Huther,Sandra Roberts,Anwar Shah Pdf

This paper argues that the World Bank should follow a systemic approach to developing guidance on public expenditure reform. Suggested approaches are to: determine an appropriate role for government and its various agents and specify their partnership with the civil society and the private sector; clarify the goals of reform and specify performance monitoring and evaluation indicators; target unproductive and inequitable expenditures from elimination; emphasize poverty alleviation; and promote equity and adopt general guidelines on policy environment goals for external assistance.

Author : Board of Governors of the Federal Reserve System
Publisher : Unknown
Page : 0 pages
File Size : 46,9 Mb
Release : 2002
Category : Banks and Banking
ISBN : 0894991965

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The Federal Reserve System Purposes and Functions by Board of Governors of the Federal Reserve System Pdf

Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 48 pages
File Size : 55,8 Mb
Release : 1981-06-01
Category : Business & Economics
ISBN : 9781616353452

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Finance & Development, June 1981 by International Monetary Fund. External Relations Dept. Pdf

This paper highlights that the first quarter of 1981 was marked by a number of notable accomplishments in meeting the challenges currently facing the IMF. In addition to the completion of the final loan disbursements from the Trust Fund, the simplification of the SDR basket, and the decision to continue enlarged access to the IMF’s resources, the IMF reached agreement in principle with Saudi Arabia on a quota increase and on an arrangement to borrow resources to permit the IMF to continue its lending operations without interruption and for the smooth functioning of the recycling process.

Author : International Monetary Fund,World Bank
Publisher : International Monetary Fund
Page : 39 pages
File Size : 44,5 Mb
Release : 2003-09-12
Category : Business & Economics
ISBN : 9781498328920

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Guidelines for Public Debt Management -- Amended by International Monetary Fund,World Bank Pdf

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