Designing Monetary and Fiscal Policy in Low-income Countries
International Monetary Fund (IMF) (Publisher)
Published on 7. September 2006
Book
Paperback/Softback
50 pages
978-1-58906-496-6 (ISBN)
Description
Macroeconomic outcomes in low-income countries (LICs) have improved markedly in recent years, but important questions remain regarding possible adjustments in the design of IMF-supported programs in such countries.This paper draws on a review of the literature and the experience of 15 LICs that have attained some degree of macroeconomic stability to discuss, for example, the appropriate target range for inflation in shock-prone LICs; whether countries should use fiscal space to cut excessive tax burdens, reduce high debt levels, or raise public spending; and how the effectiveness of public expenditures can be improved.
More details
Language
English
Place of publication
Washington, DC
United States
Target group
Professional and scholarly
Illustrations
illustrations
ISBN-13
978-1-58906-496-6 (9781589064966)
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Schweitzer Classification