Public Expenditure and Inclusive Growth - A Survey

Younes Zouhar, Jon Jellema, Nora Lustig and Mohamed Trabelsi

No 2021/083, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: public expenditure; social spending; inclusive growth; inequality; poverty; mean inequality impact effectiveness; poverty rate; spending policy; policy option; Income inequality; Income; Global; Africa (search for similar items in EconPapers)
Pages: 75
Date: 2021-03-19
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Citations: View citations in EconPapers (7)

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Working Paper: Public Expenditure and Inclusive Growth - A Survey (2021)
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