The Composition of Fiscal Adjustment and Growth: Lessons from Fiscal Reforms in Eight Economies

George Mackenzie, Philip Gerson and David Orsmond

No 1997/001, IMF Occasional Papers from International Monetary Fund

Abstract: This study examines the composition of fiscal adjustment - tax and expenditure policies and administrative procedures, and some aspects of public enterprise reform - in a sample of eight countries (Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand) during a period of fiscal reform (usually 1978-93), to determine whether and to what extent the fiscal reforms fostered growth during the adjustment period.

Keywords: OP; IMF staff country report; country; government finance statistics yearbook; tax category; services tax; expenditure program; Income; Capital spending; Income and capital gains taxes; Middle East; Global; finance government expenditure; policy reform; expenditure reduction; policy issue; public expenditure management systems; Public sector; Public enterprises (search for similar items in EconPapers)
Pages: 78
Date: 1997-04-03
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