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CHAPTER 5 Concluding Remarks

CHAPTER 5 Concluding Remarks »

Source: In the Wake of the Global Economic Crisis : Adjusting to Lower Revenue of the Southern African Customs Union in Botswana, Lesotho, Namibia, and Swaziland

Series: Departmental Papers / Policy Papers

Author(s): Thomson Fontaine , Dalmacio Benicio , Joannes Mongardini , Genevieve Verdier , and Gonzalo Pastor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781462343492

Keywords: expenditure, fiscal adjustment, spending cuts, government spending, tax increases

This paper has laid out the challenges of fiscal adjustment for BLNS countries, in the context of a substantial drop in SACU revenue. The need for fiscal adjustment is sizable, particularly in Lesotho and Sw...

Chapter 5: Economic Recovery and Growth

Chapter 5: Economic Recovery and Growth »

Source: Fiscal Adjustment in IMF-Supported Programs

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2003

ISBN: 9781589062740

Keywords: fiscal adjustment, expenditure, expenditures, fiscal policy, public expenditure

The pace of economic recovery under an IMF-supported program is an important determinant of the impact of a program on welfare and is, therefore, the focus of considerable attention. To the exte...

Chapter 3 Effectiveness of the Programs: What Was Achieved and How

Chapter 3 Effectiveness of the Programs: What Was Achieved and How »

Source: IEO Report on the Evaluation of IMF Support to Jordan

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 April 2006

ISBN: 9781589064959

Keywords: current account, public debt, fiscal adjustment, external debt, current account balance

This chapter examines the extent to which the objectives of programs were achieved, and what factors contributed to success or lack thereof. The objectives focused on are the same ones highlighted in Chapter...

CHAPTER 2 Evaluation Projects Undertaken in FY2002–03

CHAPTER 2 Evaluation Projects Undertaken in FY2002–03 »

Source: Independent Evaluation Office, Annual Report 2003

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 December 2003

ISBN: 9781589063198

Keywords: fiscal adjustment, fiscal reform, fiscal policy, work program, fiscal stance

This chapter provides a brief summary of the main findings and recommendations of the first three evaluation reports and the conclusions reached in the Executive Board discussion on each of these reports....

Chapter 3. External Evaluation of the IEO

Chapter 3. External Evaluation of the IEO »

Source: IEO Annual Report 2013

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2013

ISBN: 9781484346563

Keywords: fiscal adjustment, monetary fund, fiscal reform, fiscal policy, fiscal stance

When the IEO was established in 2001, periodic external evaluations of its work were envisaged. The first external evaluation, completed in 2006, assessed whether the IEO had fulfilled its mandate in its fir...

Chapter 3: Fiscal Adjustment as Presented in Program Documents and the Internal Review Process

Chapter 3: Fiscal Adjustment as Presented in Program Documents and the Internal Review Process »

Source: Fiscal Adjustment in IMF-Supported Programs

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2003

ISBN: 9781589062740

Keywords: fiscal adjustment, expenditure, expenditures, fiscal policy, public expenditure

In this chapter, we turn to program documents submitted to the Board to consider what light they shed on the rationale for and magnitude of the fiscal adjustment proposed in programs. We then ex...

CHAPTER 3 Fiscal Adjustment Plans and Medium-Term Fiscal Outlook

CHAPTER 3 Fiscal Adjustment Plans and Medium-Term Fiscal Outlook »

Source: Fiscal Monitor, November 2010 : Fiscal Exit: From Strategy to Implementation

Series: Fiscal Monitor

Author(s): Philip Gerson , and Manmohan Kumar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 November 2010

ISBN: 9781616350475

Keywords: public debt, vat, fiscal adjustment, fiscal policy, debt ratios

At a Glance This chapter discusses the status of medium-term plans in the G-20 economies, plus six others with large adjustment needs. 16...

CHAPTER 1 Fiscal Developments and Near-Term Outlook

CHAPTER 1 Fiscal Developments and Near-Term Outlook »

Source: Fiscal Monitor, November 2010 : Fiscal Exit: From Strategy to Implementation

Series: Fiscal Monitor

Author(s): Philip Gerson , and Manmohan Kumar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 November 2010

ISBN: 9781616350475

Keywords: public debt, vat, fiscal adjustment, fiscal policy, debt ratios

At a Glance This chapter discusses fiscal developments in 2010, and the fiscal adjustment expected in 2011. It shows that while the overall fiscal deficit for the wor...

Chapter 4: Fiscal Performance Compared with Targets

Chapter 4: Fiscal Performance Compared with Targets »

Source: Fiscal Adjustment in IMF-Supported Programs

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2003

ISBN: 9781589062740

Keywords: fiscal adjustment, expenditure, expenditures, fiscal policy, public expenditure

In this chapter we compare actual fiscal performance against targets projected in programs. We first examine the large cross section of programs to assess the frequency and nature of fiscal shor...

Chapter 7: Fiscal Reforms in IMF-Supported Programs

Chapter 7: Fiscal Reforms in IMF-Supported Programs »

Source: Fiscal Adjustment in IMF-Supported Programs

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2003

ISBN: 9781589062740

Keywords: fiscal adjustment, expenditure, expenditures, fiscal policy, public expenditure

Fiscal adjustment in IMF-supported programs typically includes an agenda of fiscal reforms, and in this chapter we focus on the experience with such reforms on the basis of the sample of 15 prog...