IV. Fiscal Policy and Aid
Author:
Mr. Peter S. Heller
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Language:
English
Print Publication Date:
17 Sep 2004
Keywords:
BOOK; country; user payment; per capita income; francophone country; recipient country; exchange rate; hazard function; Health care spending; Africa; Western Hemisphere; Sub-Saharan Africa; Global; Asia and Pacific

Abstract

There has been a renewed call within the international community for industrial countries to meet the goal of devoting 0.7 percent of their GNP for official development assistance (ODA). Originally proposed by the Pearson Commission in 1968, only a few countries are currently meeting this target and the average ODA level is only a third of the target. Raising ODA to 0.7 percent of industrial country GNP is an important element in the strategy for reducing global poverty and meeting the Millennium Development Goals (MDGs) by 2015. It could also lead to an expanded supply of needed global public goods.

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Cover Helping Countries Develop
Helping Countries Develop
The Role of Fiscal Policy
ISBN:
9781589063181
Publication Date:
17 Sep 2004
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589063181.071
Pages:
540
Front Matter
1 Fiscal Policy for Economic Development: An Overview
I Macroeconomic Policy in Developing Countries
II Public Spending and the Millennium Development Goals
III Revenues and Growth
V. Special Topics

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