Title: Fiscal adjustment for stability and growth /
Authors: Davis, Jeffrey M., 1946-; Daniel, James, 1967-
Publisher: International Monetary Fund,
Year: 2006
Subjects: IMF.; Fiscal policy.; Economic stabilization.; FISCAL POLICY.; ECONOMIC STABILIZATION.; Belastingpolitiek.
Abstract: The pamphlet presents the IMF's approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions, it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.--Introduction.
Contents: When is fiscal adjustment needed?: Fiscal adjustment for growth and poverty reduction ; Fiscal adjustment to reduce vulnerability ; Fiscal adjustment for short-term macroeconomic stability -- How should the fiscal position be assessed?: Coverage of the public sector ; When to record government transactions ; Main fiscal indicators -- What makes fiscal adjustment successful?: Timing and speed of adjustment ; Size of fiscal adjustment ; Quality and durability of adjustment -- How should fiscal adjustment be carried out?: Improving the tax system and mobilizing revenue ; Rationalizing public expenditure and protecting the poor -- What institutions can help fiscal adjustment?: Modernizing revenue administration ; Effective public financial management ; Effective intergovernmental relationships.