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generally associated with higher economic growth in both the short and long terms. The composition of public outlays also …
Persistent link: https://www.econbiz.de/10005264087
policies while simultaneously strengthening revenue administration and public expenditure management. Based on experiences in …
Persistent link: https://www.econbiz.de/10005590872
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal...
Persistent link: https://www.econbiz.de/10005590939
policy issues, including the cyclicality of spending, public investment, public employment, and social expenditures. It finds … that primary expenditures have trended upward for the past ten years as a share of GDP, driven by increases in current … spending, in particular for social expenditures. Fluctuations in real spending have continued to follow a procyclical pattern …
Persistent link: https://www.econbiz.de/10005599456