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Western Hemisphere > Argentina

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  • Type: Journal Issue x
  • Structure, Scope, and Performance of Government x
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Cover Technical Notes and Manuals
Expenditure Assessment Tool
Miss Candice Y Liu
and
Ms. Mercedes Garcia-Escribano
This manual presents the Expenditure Assessment Tool (EAT), which helps assess expenditures for any specific country. EAT uses the commonly available software program Excel and has been designed by Expenditure Policy Division at Fiscal Affairs Department at IMF. The information EAT provides can be very useful in the evaluation of government spending and in the identification of areas where there may be room to increase spending efficiency or rationalize spending. The evaluation is done through benchmarking of spending—levels, composition and outcomes—against regional and income comparators. The focus is on both the economic and functional classification of expenditures. The application of the tool to spending in Argentina is presented as an illustration.
Keywords:
TNM; spending; country; GDP; spending reform; Public expenditure review; spending efficiency; benchmarking; IMF FAD Expenditure Assessment Tool; wage bill; spending increase; IMF FAD government Compensation; health expenditure metrics; reflecting spending growth; public health expenditure; investment spending; tax subsidy; wage differential; income group; Health care spending; Education spending; Total expenditures; South America
Cover IMF Working Papers
The Challenge of Fiscal Adjustment in a Democracy: The Case of India
Mr. Ricardo Hausmann
and
Miss Catriona Purfield
India's fiscal problem has deep roots in its federal fiscal system, where multiple players find it difficult to coordinate adjustment. The size and closed nature of the Indian economy, aided by its deep domestic capital market and large captive pool of domestic savings, has disguised the cost of fiscal laxity and complicated the building of a consensus on reform. The new fiscal responsibility act establishes a new rules-based system to overcome this coordination failure. To strengthen the framework, we recommend an autonomous scorekeeper and the extension of similar rules to the state governments as part of a comprehensive reform of the federal system.
Keywords:
WP; government debt; central government; interest rate; Fiscal responsibility legislation; federal relations; fiscal deficits; debt; monitoring government fund; government experience; State election; debt relief; political system; government approval; channels half; government fund; electoral system; debt rise; government channels half; levels of government; Budget planning and preparation; Government debt management; Eastern Europe; Western Europe; Sub-Saharan Africa; Africa