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19 A Comparison Between Two Public Expenditure Management Systems in Africa

19 A Comparison Between Two Public Expenditure Management Systems in Africa »

Source: Helping Countries Develop : The Role of Fiscal Policy

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

One important objective of the enhanced HIPC (Heavily Indebted Poor Country) debt reduction initiative is to redirect the budgetary resources released from servicing...

6 A Framework for Fiscal Debt Sustainability Analysis in Low-Income Countries

6 A Framework for Fiscal Debt Sustainability Analysis in Low-Income Countries »

Source: Helping Countries Develop : The Role of Fiscal Policy

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

Assessing fiscal debt sustainability is an important element of fiscal policy analysis. It aids in evaluating the appropriateness of a country’s macroeconomic policies in both the s...

16 Aid and Fiscal Management

16 Aid and Fiscal Management »

Source: Helping Countries Develop : The Role of Fiscal Policy

Series: Books

Author(s): Benedict Clements , Sanjeev Gupta , and Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2004

ISBN: 9781589063181

Keywords: food aid, expenditure, fiscal policy, public spending, per

Foreign aid has dwindled in the budgets of many donor countries during the past several years, but it continues to loom very large for many of the recipients....

APPENDIX 1. Country Experiences with Scaled-Up Aid

APPENDIX 1. Country Experiences with Scaled-Up Aid »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

In the past, aid recipients often experienced sharp swings in aid flows. Net aid flows to Pakistan, for example, increased by a factor of 2.5 between 1997 and 2004, and nearly tripled to Ethiopia during the...

APPENDIX 2. Expenditure Efficiency—An Empirical Assessment

APPENDIX 2. Expenditure Efficiency—An Empirical Assessment »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

It will be essential for low-income countries to make efficient use of scaled-up aid to ensure sustained progress toward the Millennium Development Goals (MDGs). In particular, efficient spending in priority...

CHAPTER 3. Choosing an Expenditure Path

CHAPTER 3. Choosing an Expenditure Path »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

The IMF’s advice and program design encourage aid recipients to spend all aid fully and effectively. How much and how fast scaled-up aid should be spent over the medium term is a function of the following:...

CHAPTER 6. Conclusions

CHAPTER 6. Conclusions »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

Sound fiscal policies are critical for handling aid volatility as well as for making effective use of scaled-up aid and other flows. By easing resource constraints, these flows allow low-income countries to...

CHAPTER 4. Dealing with Aid Uncertainty and Volatility

CHAPTER 4. Dealing with Aid Uncertainty and Volatility »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

Aid volatility complicates fiscal policy implementation. Aid flows are more volatile than revenues (Bulíř and Hamann, 2007) and significantly more volatile than remittances (Gupta, Pattillo, and Wagh, 2007)....

CHAPTER 2. Establishing a Medium-Term Resource Envelope

CHAPTER 2. Establishing a Medium-Term Resource Envelope »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

The first step in establishing a medium-term resource envelope is to collect information on the intentions of official and private donors. Governments typically lack information on private aid flows, and a p...

CHAPTER 1. Introduction

CHAPTER 1. Introduction »

Source: Fiscal Management of Scaled-Up Aid

Series: IMF Special Issues

Author(s): Kevin Fletcher , Sanjeev Gupta , Duncan Last , Gerd Schwartz , Shamsuddin Tareq , Richard Allen , and Isabell Adenauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 April 2008

ISBN: 9781589067035

Keywords: expenditure, fiscal policy, public expenditure, public spending, fiscal institutions

The international community has committed to scaling up aid and improving aid delivery to low-income countries to help them meet the Millennium Development Goals (MDGs). The March 2002 Monterrey Consensus ca...