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Public Expenditure and Inclusive Growth - A Survey
Author:
Mr. Younes Zouhar
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,
Jon Jellema
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,
Nora Lustig
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, and
Mohamed Trabelsi https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
IMF Working Papers
Volume/Issue:
Volume 2021: Issue 083
Language:
English
Publication Date:
19 Mar 2021
DOI:
https://doi.org/10.5089/9781513574387.001
ISBN:
9781513574387
ISSN:
1018-5941
Pages:
75
Keywords:
public expenditure; social spending; inclusive growth; inequality; poverty; mean inequality impact effectiveness; poverty rate; spending policy; policy option; Income inequality; Income; Global; Africa
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 explores the role of public expenditure in fostering inclusive growth. It starts with a presentation of salient features of public expenditure. Then, it lays out an analytical framework that describes the channels through which public expenditure affects inequality and poverty in the short and long term. Based on a review of the empirical literature, it discusses the policy options. Finally, the paper assesses the role of key factors such as the initial conditions, and the institutions, in shaping the inclusive spending policies.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund