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Fiscal Indicators for Economic Growth [electronic resource] : Illusory Search?

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1990.
Series:
IMF eLibrary
IMF Working Papers
Format/Description:
Government document
Book
1 online resource (30 p.)
Local subjects:
Aggregate demand.
Aggregate government expenditure.
Capital expenditure.
Capital expenditures.
Categories of expenditure.
Categories of expenditures.
Change in expenditures.
Classification of expenditure.
Composition of expenditures.
Composition of government expenditure.
Debt service.
Defense expenditures.
Expenditure.
Expenditure categories.
Expenditure cuts.
Expenditure data.
Expenditures.
Fiscal adjustment.
Fiscal administration.
Fiscal affairs.
Fiscal affairs department.
Fiscal deficit.
Fiscal deficits.
Fiscal imbalances.
Fiscal impact.
Fiscal indicators.
Fiscal measures.
Fiscal performance.
Fiscal policy.
Fiscal targets.
Future fiscal deficits.
Government expenditure.
Government expenditures.
Government revenue.
Level of expenditures.
Public finance.
Public spending.
Recurrent expenditures.
Security expenditures.
Spending cuts.
Tax effort.
Tax structure.
Tax structures.
Tax system.
Taxation.
Total expenditure.
Types of expenditures.
Wage expenditure.
Thailand.
Summary:
The search for ways to ensure growth while accommodating necessary expenditure cuts to correct fiscal imbalances, has often led to the advocacy of the government own savings (GOS) measure as an indicator of growth potential in fiscal adjustment. This paper critically examines the rationale of this approach and its implicit assumption of the primacy of capital expenditure for the growth process. In light of the problems revealed in the GOS approach, the paper explores the possibility of alternative weighted expenditure indicators and illustrates the proposed technique, employing data from Thailand.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451957041:
9781451957044
ISSN:
1018-5941
Publisher Number:
10.5089/9781451957044.001
Access Restriction:
Restricted for use by site license.
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