Helping Countries Develop: The Role of Fiscal Policy

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Helping Countries Develop: The Role of Fiscal Policy by Benedict Mr. Clements, Sanjeev Mr. Gupta, Gabriela Ms. Inchauste, INTERNATIONAL MONETARY FUND
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Author: Benedict Mr. Clements, Sanjeev Mr. Gupta, Gabriela Ms. Inchauste ISBN: 9781452757414
Publisher: INTERNATIONAL MONETARY FUND Publication: September 17, 2004
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Benedict Mr. Clements, Sanjeev Mr. Gupta, Gabriela Ms. Inchauste
ISBN: 9781452757414
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 17, 2004
Imprint: INTERNATIONAL MONETARY FUND
Language: English
Fiscal policy can foster growth and human development through a number of different channels. These include the macroeconomic (for example, through the influence of the budget deficit on growth) as well as the microeconomic (through its influence on the efficiency of resource use). But how precisely do these channels work in developing countries? What kinds of tax and expenditure policies should developing countries implement to help them meet the Millennium Development Goals? And how can international aid be made more effective? Drawing on both theory and country experience, this book brings together IMF research on the various ways fiscal policy can be used to help spur economic development.
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Fiscal policy can foster growth and human development through a number of different channels. These include the macroeconomic (for example, through the influence of the budget deficit on growth) as well as the microeconomic (through its influence on the efficiency of resource use). But how precisely do these channels work in developing countries? What kinds of tax and expenditure policies should developing countries implement to help them meet the Millennium Development Goals? And how can international aid be made more effective? Drawing on both theory and country experience, this book brings together IMF research on the various ways fiscal policy can be used to help spur economic development.

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