- Jeffrey Davis
- Published Date:
- December 1995
Pamphlet Series No. 49
Guidelines for Fiscal Adjustment
Fiscal Affairs Department
INTERNATIONAL MONETARY FUND
ISSN 0538-8759 Reprinted September 1997
This pamphlet, prepared by the staff of the Fiscal Affairs Department of the IMF, has not been discussed by the IMF’s Executive Board. The opinions expressed in the pamphlet are those of the staff and do not necessarily represent the views of the IMF’s Executive Board.
The term “country,” as used in this paper, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.
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This pamphlet is the product of a collaborative effort of the staff of the Fiscal Affairs Department (FAD). The final version of the pamphlet was prepared by Jeffrey M. Davis and James Daniel, drawing on substantial input from a large number of colleagues in FAD. Peter S. Heller was particularly helpful in providing guidance and comments on earlier drafts of the pamphlet. Advice and encouragement from Vito Tanzi (Director of FAD) is gratefully acknowledged. The pamphlet also benefitted from comments by staff of other departments and was edited by Gail Berre of the External Relations Department.