Series: IMF Working Papers
Author(s): Benedict Clements , Sanjeev Gupta , Emanuele Baldacci , and Carlos Mulas-Granados
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2002
Keywords: Public Expenditure Composition, Duration of Fiscal Consolidations, expenditure, expenditures, budget balance, fiscal adjustment, Macroeconomics: Production, National Government Expenditures and Related Policies: General,
This paper assesses the effects of expenditure composition as well as fiscal adjustment on economic growth in a sample of 39 low-income countries during the 1990s. The paper finds that strong budgetary positions an...