Fiscal Policy Design in Low-Income Countries

Christopher Adam () and David Bevan

No DP2001-67, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: For many low-income countries, there has been an extended period in which fiscal policy was not a choice, or was a choice made by authorities external to the country. For a number of them, this situation is now changing. Their own success in stabilising the economy, coupled with a shift in the stance of the international community (most notably the IMF), has placed fiscal choices back on the domestic agenda. However, the scope for choice may be heavily circumscribed by the legacy of past fiscal laxity. There are two challenges to the domestic fiscal authority in these circumstances.

Keywords: Fiscal policy; Macroeconomics; Poverty (search for similar items in EconPapers)
Date: 2001
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Working Paper: Fiscal Policy Design in Low-Income Countries (2010)
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