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Expenditure Issues and Governance in Central America
Author:
Ms. Ana Corbacho null

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Mr. Hamid R Davoodi
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Series:
IMF Working Papers
Volume/Issue:
Volume 2002: Issue 187
Language:
English
Publication Date:
01 Nov 2002
DOI:
https://doi.org/10.5089/9781451859522.001
ISBN:
9781451859522
ISSN:
1018-5941
Pages:
32
Keywords:
WP; public spending; wage; government; Honduras; Expenditure issues; fiscal adjustment; poverty; inequality; health; education; social safety nets; governance; Central America; teacher wage; government education spending; wage bill; teacher certification test; per capita income; Central American country; growth track record; capital investment; teachers' wage; teacher quality; management system; lagging country; Income inequality; Health care spending; Sub-Saharan Africa; South Asia; East Asia
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to economic growth; health and education outcomes; adequacy of social safety nets; and governance. It then assesses the degree to which the track record can be traced to reforms in public expenditure and governance. Despite the considerable heterogeneity among the countries in the region, there are some policies that all countries need to pursue. Sustained growth and a better quality of fiscal adjustment are needed, as well as policies aimed at increasing individuals' productivity and improving governance.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund