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As part of its mandate, the IMF seeks to create the conditions necessary for sustained high-quality growth, which encompasses a broad range of elements. These include sound macroeconomic policies, growth-enhancing structural reforms, good governance, and such social policies as cost-effective...
Persistent link: https://www.econbiz.de/10014405795
This text provides guidance to policymakers on how to design and implement sound price-subsidy reforms. It draws on the experience of price-subsidy reform in 28 countries. The authors discuss economic and political considerations and make several recommendations concerning the speed of reform...
Persistent link: https://www.econbiz.de/10014411066
This paper presents an analysis of the social impact of the economic crisis and reform programs in three Asian countries: Indonesia, Korea, and Thailand. The focus is on changes in real consumption expenditures arising from higher inflation and unemployment
Persistent link: https://www.econbiz.de/10014183382
A preliminary analysis of the impact of the Asian crisis shows that poverty could increase significantly in Indonesia, Korea and Thailand. The adjustment programs incorporate measures to mitigate the costs of the crisis. But if the crisis deepens, additional policy options might need to be...
Persistent link: https://www.econbiz.de/10013125790
There is little empirical evidence to support the claim that public spending improves education and health indicators. This paper uses cross-sectional data for 50 developing and transition countries to show that expenditure allocations within the two social sectors improve both access to and...
Persistent link: https://www.econbiz.de/10014401210
This paper estimates the impact of public spending on the poor''s health status in over 70 countries. It provides evidence that the poor have significantly worse health status than the rich and that they are more favorably affected by public spending on health care. An important new result is...
Persistent link: https://www.econbiz.de/10014401617
Persistent link: https://www.econbiz.de/10013379387
Persistent link: https://www.econbiz.de/10003329111
Intro -- Contents -- I. INTRODUCTION -- II. SCALING UP AID AND THE ROLE OF THE IMF -- III. WHY WAGE BILL CEILINGS? -- IV. WAGE BILL CONDITIONALITY IN PRACTICE -- V. DO WAGE BILL CEILINGS ACCOMMODATE DONOR-FINANCED WAGE SPENDING IN PRIORITY SECTORS? -- VI. IMPROVING WAGE BILL CONDITIONALITY --...
Persistent link: https://www.econbiz.de/10012691141
This paper assesses whether the scaling up of aid and the resulting increase in government spending that is needed to meet the Millennium Development Goals (MDGs) would be hampered by wage bill ceilings that are often part of government programs supported by the IMF`s Poverty Reduction and...
Persistent link: https://www.econbiz.de/10012779892