IMF Adviceon Fiscal Policy

International Monetary Fund

No 1989/087, IMF Working Papers from International Monetary Fund

Abstract: IMF advice on fiscal policy is given within a strong accounting framework. Published sources in the last ten years show the direction and change of advice. The treatment of central bank losses, government arrears, and credit subsidies are discussed as examples. Advice on taxation, expenditure, growth, prices, and distribution is examined. Some broad lessons are drawn on sustainability of policy, short- versus long-run policies, and objectivity of advice.

Keywords: WP; deficit; government; Fund; spend; tax; fund advice; staff spend; government arrears; fund economist; policy choice; fiscal policy advice; adjustment program; fund staff; government purchase; Government debt management; Public sector; Budget planning and preparation; Middle East; Western Hemisphere; North America; Northern Europe; Europe (search for similar items in EconPapers)
Pages: 26
Date: 1989-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1989/087

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