Linking Fiscal Policy and Growth in PER Reports : An Operational Framework for Low-Income Countries

This note describes a framework for linking fiscal policy and growth issues in low-income countries. The framework has been developed in the context of a recently, completed Public Expenditure Management and Financial Accountability Review (PEMFAR) report in the Latin American and Caribbean (LAC) region. The note describes first the framework and then illustrates its application to fiscal reform and growth prospects in the context of Haiti. The note concludes by laying out an agenda for developing this framework further, ideally to facilitate use of this framework in preparing more Public Expenditure Reviews (PERs) and elaborating medium-term budget frameworks.

Bibliographic Details

Main Author:	Moreira, Emmanuel Pinto
Format:	Brief biblioteca
Language:	English
Published:	World Bank, Washington, DC 2009-03
Subjects:	ACCESS TO SAFE WATER, ADMINISTRATIVE COSTS, ADVISORY SERVICE, AGGREGATE DEMAND, BASELINE SCENARIO, BORROWING, BUDGET BALANCE, BUDGET FRAMEWORK, CALCULATIONS, CAPITAL ACCUMULATION, CAPITAL INFRASTRUCTURE, CAPITAL STOCK, CENTRAL BANK, COMMODITIES, COMMODITY, CONSUMPTION TAXES, CONTRIBUTIONS, DEBT, DEBT ACCUMULATION, DEBT RELIEF, DEBT SUSTAINABILITY, DEPRECIATION, DEVELOPING COUNTRIES, DISPOSABLE INCOME, DISTRIBUTIONAL ISSUES, DOMESTIC BORROWING, DOMESTIC MARKET, ECONOMIC GROWTH, ECONOMIC MANAGEMENT, ECONOMIC POLICY, ECONOMIC SECURITY, EDUCATION SYSTEM, EFFICIENCY OF RESOURCE ALLOCATION, EXPENDITURE ANALYSIS, EXPENDITURES, EXTERNALITIES, FINANCIAL ACCOUNTABILITY, FINANCIAL SUPPORT, FISCAL DEFICITS, FISCAL DISCIPLINE, FISCAL POLICY, FISCAL REFORM, FISCAL SYSTEM, FOREIGN BORROWING, GOVERNMENT BUDGET, GOVERNMENT EXPENDITURE, GOVERNMENT REVENUE, GOVERNMENT SPENDING, GROWTH RATE, HEALTH OUTCOMES, HEALTH SERVICES, HUMAN DEVELOPMENT, INCOME SOURCE, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE SERVICES, INTEREST EXPENDITURE, INTEREST PAYMENT, INTEREST PAYMENTS, INVENTORY, INVESTING, LABOR FORCE, LIFE EXPECTANCY, LITERACY, LOW-INCOME, MACROECONOMIC FRAMEWORK, MARKET PRICES, MEDIUM-TERM EXPENDITURE, MEDIUM-TERM EXPENDITURE FRAMEWORK, PHYSICAL CAPITAL, POLITICAL STABILITY, POVERTY REDUCTION, POVERTY REDUCTION STRATEGIES, PRIVATE CAPITAL, PRIVATE CONSUMPTION, PRIVATE INVESTMENT, PRIVATE SAVING, PRIVATE SECTOR, PROPERTY RIGHTS, PUBLIC, PUBLIC CAPITAL, PUBLIC DEBT, PUBLIC EDUCATION, PUBLIC EMPLOYMENT, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE MANAGEMENT, PUBLIC EXPENDITURE REVIEWS, PUBLIC FINANCE, PUBLIC HEALTH, PUBLIC HEALTH SERVICES, PUBLIC INFRASTRUCTURE, PUBLIC INVESTMENT, PUBLIC SCHOOLS, PUBLIC SECTOR, PUBLIC SECTOR EMPLOYMENT, RATIO OF PUBLIC SPENDING, RESOURCE ALLOCATION, RETURN, ROADS, SALARIES, SENIOR, STOCKS, TAX, TAX RATE, TAX RATES, TAX REVENUES, TOTAL EXPENDITURE, UNCERTAINTY, USER FEES, WAGES, WEB SITE, WORTH,
Online Access:	http://documents.worldbank.org/curated/en/2009/03/10536727/linking-fiscal-policy-growth-reports-operational-framework-low-income-countries http://hdl.handle.net/10986/11125
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