The Distributional Effects of Public Expenditure [electronic resource] : Update and Overview, Ter-Minassian, Teresa.
- Washington, D.C. : International Monetary Fund, 1995.
- IMF eLibrary
IMF Working Papers; Working Paper No. 95/84.
IMF Working Papers; Working Paper No. 95/84
- Government document
1 online resource (28 p.)
- Local subjects:
- Budget adjustment.
Expenditure survey data.
Fiscal affairs department.
Public expenditure area.
Public expenditure policies.
Public expenditure policy.
Public expenditure reform.
- It is commonly agreed that economic policies, including budgetary policies, can have potentially strong distributional effects. Traditional economic analysis held that economic policies affected the income distribution primarily through their impact on the rate of growth. More recently, it has come to be recognized that qualitative aspects of economic growth are probably more important than the rate of growth itself. While recent research has confirmed the potential role of expenditure policies as a redistributive tool, it has also shown that redistribution does not necessarily have to come at the expense of economic growth and efficiency. Although there are substantial analytical and technical problems to be faced in the design of equitable and cost-effective public expenditure programs, unfavorable distributional outcomes of these programs can usually be traced more to political and institutional pressures than to purely technical factors.
- Description based on print version record.
- Schwartz, Gerd.
- Other format:
- Print Version:
- Publisher Number:
- Access Restriction:
- Restricted for use by site license.
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