Franklin

Understanding Fiscal Space [electronic resource] Heller, Peter S..

Author/Creator:
Heller, Peter S.
Publication:
Washington, D.C. : International Monetary Fund, 2005.
Series:
IMF eLibrary
IMF Policy Discussion Papers; Policy Discussion Paper No. 05/4.
IMF Policy Discussion Papers; Policy Discussion Paper No. 05/4
Format/Description:
Government document
Book
1 online resource (19 p.)
Local subjects:
Account deficits.
Additional fiscal resources.
Budget support.
Budgetary rules.
Capital expenditures.
Debt obligations.
Debt service.
Deficit.
Expenditure.
Expenditure areas.
Expenditure commitments.
Expenditure envelope.
Expenditure framework.
Expenditure management.
Expenditure management systems.
Expenditure policy.
Expenditure priorities.
Expenditure program.
Expenditure programs.
Expenditure rationalization.
Expenditures.
Fiscal affairs.
Fiscal affairs department.
Fiscal constraints.
Fiscal framework.
Fiscal implications.
Fiscal Policy.
Fiscal position.
Fiscal resource.
Fiscal resources.
Fiscal revenue.
Fiscal risks.
Fiscal space.
Fiscal stability.
Fiscal sustainability.
General.
Government expenditure.
Government expenditures.
Government revenue.
Government spending.
Higher expenditure.
Impact of government expenditure.
Infrastructure expenditure.
Medium-term expenditure.
Medium-term expenditure framework.
National budget.
Policy Coordination.
Policy Designs and Consistency.
Policy Objectives.
Public expenditure.
Public expenditure management.
Public expenditure management systems.
Public Expenditures, Investment, and Finance.
Recurrent expenditures.
Social expenditures.
Tax administration.
Tax base.
Tax bases.
Tax burden.
Tax rates.
Tax reduction.
Tax reform.
Tax share.
Taxation.
Malawi.
Tanzania.
Zambia.
Summary:
With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether ""fiscal space"" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal sustainability, describes alternative ways in which fiscal space can be created, and notes how the IMF can support appropriate efforts to create fiscal space. The paper underscores that the issues that arise in creating fiscal space are not novel, but have always confronted governments in judging whether there is scope for additional expenditure.
Notes:
Description based on print version record.
Contributor:
Heller, Peter S.
Other format:
Print Version:
ISBN:
1451975635:
9781451975635
ISSN:
1934-7456
Publisher Number:
10.5089/9781451975635.003
Access Restriction:
Restricted for use by site license.
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