Fiscal crisis and fiscal reform in developing countries
Опубликовано на портале: 14-11-2003
Cambridge Journal of Economics. 2000. No. 24. P. 21-44.
In recent years, policy-makers in developing countries have responded to crisis of macroeconomic instability with two sets of measures: conventional stabilisation policies and policies of economic liberalisation. The fiscal implications of this double agenda are set out, following three lines of enquiry. First, how can policies be kept consistent, when some liberalisation measures have large adverse fiscal consequences? Second, can a fiscal deficit be reduced without damaging the provision of public services vital for growth and poverty alleviation? Finally, since lack of tax revenue is usually the binding constraint on government intervention, how can this most easily be relaxed?
Cotton Sector Policies and Performance in Sub-Saharan Africa: Lessons Behind the Numbers in Mozambique and Zambia/Доклад на 25 конференции IAAE, Reshaping Agriculture’s Contribution to Society, International Convention Centre, Durban, South Africa, 16-23 August 2003
NBER Working Paper Series. 2001. w8245.
NBER Working Paper Series. 2002. P. 8930.