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III. Country Experiences with Public Sector Reform

III. Country Experiences with Public Sector Reform »

Source: The Composition of Fiscal Adjustment and Growth : Lessons from Fiscal Reforms in Eight Economies

Series: Occasional Papers

Author(s): George Mackenzie , Philip Gerson , and David Orsmond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 1997

ISBN: 9781557756299

Keywords: expenditure, public expenditure, fiscal policy, capital expenditure, expenditure management

The objective of this section is to assess the growth-fostering characteristics of the public sector reforms undertaken by eight countries during a period normally of about 15 years (usually 1978–93). Sectio...

Fiscal Policy in Latin America
			: Lessons and Legacies of the Global Financial Crisis

Fiscal Policy in Latin America : Lessons and Legacies of the Global Financial Crisis »

Volume/Issue: 2015/6

Series: Staff Discussion Notes

Author(s): Oya Celasun , Francesco Grigoli , Keiko Honjo , Javier Kapsoli , Alexander Klemm , Bogdan Lissovolik , Jan Luksic , Marialuz Moreno Badia , Joana Pereira , Marcos Poplawski-Ribeiro , Baoping Shang , and Yulia Ustyugova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 2015

DOI: http://dx.doi.org/10.5089/9781498304412.006

ISBN: 9781498304412

Keywords: Fiscal policy, Latin America, fiscal institutions, debt, expenditure, financial crisis, Structure and Scope of Government, General, General, General,

Latin America's bold fiscal policy reaction to the global financial crisis was hailed as a sign that the region had finally overcome its procyclical fiscal past. However, most countries of the region have not yet r...

A New Action-based Dataset of Fiscal Consolidation in Latin America and the Caribbean

A New Action-based Dataset of Fiscal Consolidation in Latin America and the Caribbean »

Volume/Issue: 2018/94

Series: IMF Working Papers

Author(s): Antonio David , and Daniel Leigh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2018

DOI: http://dx.doi.org/10.5089/9781484353059.001

ISBN: 9781484353059

Keywords: Mexico, Paraguay, Peru, Taxation, Uruguay, Western Hemisphere, Argentina, Fiscal policy, Guatemala, Jamaica

This paper presents a new database of fiscal consolidations for 14 Latin American and Caribbean economies during 1989-2016. We focus on discretionary changes in taxes and government spending primarily motivated by...

How Useful Are Benefit Incidence Analyses of Public Education and Health Spending

How Useful Are Benefit Incidence Analyses of Public Education and Health Spending »

Volume/Issue: 2003/227

Series: IMF Working Papers

Author(s): Erwin Tiongson , Hamid Davoodi , and Sawitree Asawanuchit

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

DOI: http://dx.doi.org/10.5089/9781451875430.001

ISBN: 9781451875430

Keywords: benefit incidence, public spending on education and health, targeting, progressivity, health spending, health care, public spending, incidence of public spending, National Government Expenditures and Health, National Government Expenditures and Education,

This paper provides a primer on benefit incidence analysis (BIA) for macroeconomists and a new data set on the benefit incidence of education and health spending covering 56 countries over 1960-2000, representing a...

Latin America
			: Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA)

Latin America : Highlights from the Implementation of the System of National Accounts 1993 (1993 SNA) »

Volume/Issue: 2008/239

Series: IMF Working Papers

Author(s): Roberto Ramos , Lisbeth Rivas , and Gonzalo Pastor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

DOI: http://dx.doi.org/10.5089/9781451870978.001

ISBN: 9781451870978

Keywords: 1993 SNA implementation, Data Module of the ROSCs, GDP estimation biases, fixed capital formation, gross fixed capital formation, consumption expenditure,

This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in...

Nonrenewable Resources
			: A Case for Persistent Fiscal Surpluses

Nonrenewable Resources : A Case for Persistent Fiscal Surpluses »

Volume/Issue: 1999/44

Series: IMF Working Papers

Author(s): Max Alier , and Martin Kaufman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1999

DOI: http://dx.doi.org/10.5089/9781451846393.001

ISBN: 9781451846393

Keywords: nonrenewable resources, intergenerational transfer, overlapping generation model, expenditure, government expenditure, fiscal surpluses, public expenditure

This paper examines whether there is a case for temporary but persistent fiscal surpluses in economies heavily endowed with nonrenewable resources. It finds that there generally is a case. Fiscal surpluses permit r...

Public Expenditure in Latin America
			: Trends and Key Policy Issues

Public Expenditure in Latin America : Trends and Key Policy Issues »

Volume/Issue: 2007/21

Series: IMF Working Papers

Author(s): Benedict Clements , Christopher Faircloth , and Marijn Verhoeven

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

DOI: http://dx.doi.org/10.5089/9781451865851.001

ISBN: 9781451865851

Keywords: Public Expenditure, expenditures, expenditure, public spending, government spending, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy,

This paper examines trends in government spending in Latin America from the mid-1990s to 2006. It also examines key policy issues, including the cyclicality of spending, public investment, public employment, and so...

Riding the Roller Coaster
			: Fiscal Policies of Nonrenewable Resource Exporters in Latin America and the Caribbean

Riding the Roller Coaster : Fiscal Policies of Nonrenewable Resource Exporters in Latin America and the Caribbean »

Volume/Issue: 2010/251

Series: IMF Working Papers

Author(s): Pablo Lopez Murphy , Mauricio Villafuerte , and Rolando Ossowski

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

DOI: http://dx.doi.org/10.5089/9781455209514.001

ISBN: 9781455209514

Keywords: expenditure, fiscal policies, fiscal sustainability, Structure, Scope, and Performance of Government, National Government Expenditures and Related Policies: General, National Budget, Deficit, and Debt: General

This paper analyzes recent fiscal policies of nonrenewable resource exporting countries in Latin America and the Caribbean in the context of sharp swings in resource prices. Fiscal policies were predominantly procy...

Strengthening Chile's Rule-Based Fiscal Framework

Strengthening Chile's Rule-Based Fiscal Framework »

Volume/Issue: 2011/17

Series: IMF Working Papers

Author(s): Teresa Daban Sanchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

DOI: http://dx.doi.org/10.5089/9781455211982.001

ISBN: 9781455211982

Keywords: structural balance, resource revenue management, resource curse, accountability, resource-producing countries, fiscal policy, fiscal rule, expenditures, expenditure, Macroeconomic Policy

The cornerstone of Chile's impressive fiscal performance has been its structural balance rule. By insulating public spending from short-term copper price fluctuations and the business cycle, the rule has helped pre...

The Distributional Effects of Public Expenditure
			: Update and Overview

The Distributional Effects of Public Expenditure : Update and Overview »

Volume/Issue: 1995/84

Series: IMF Working Papers

Author(s): Teresa Ter-Minassian , and Gerd Schwartz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1995

DOI: http://dx.doi.org/10.5089/9781451850581.001

ISBN: 9781451850581

Keywords: expenditure, public expenditure, expenditure programs, public expenditures, expenditures

It is commonly agreed that economic policies, including budgetary policies, can have potentially strong distributional effects. Traditional economic analysis held that economic policies affected the income distribu...