Public spending plays a key role in the economic growth and development of most developing economies. This book analyzes revenues, policy, and administration of Domestic Resource Mobilization (DRM) in developing countries. It provides a broad landscape of practical examples, drawing from lessons...

The paper presents a dynamic model for small to medium open economies operating under a fixed exchange rate regime. The model provides a partial explanation of the channels through which fiscal and monetary policy affects the real exchange rate. An empirical investigation is conducted for the...

An effective tax system is fundamental for successful country development. The first step to understand public revenue systems is to establish some commonly agreed performance measurements and benchmarks. This paper employs a cross-country study to estimate tax capacity from a sample of 104...

Development practitioners have been working for half a century to help pull millions of people out of poverty, disease, and fear. However, the challenge of poverty remains enormous. The disparity in levels of income, health, and education across countries grows greater, even as levels of...

The book, public finance for poverty reduction, includes a series of papers that were prepared in the context of a World Bank Institute (WBI) public finance The book, public finance for poverty reduction, includes a series of papers that were prepared in the context of a WBI public finance...

Capturing the findings from the Shanghai Global Learning Initiative, Reducing Poverty on a Global Scale attempts to contribute to the broader existing knowledge on poverty reduction and the effectiveness of aid. The objective is to enlighten development practitioners about observed achievements...

This paper provides an overview of the various channels through which public infrastructure may affect growth. In addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature, the impact of infrastructure on investment adjustment...